DUBLIN--(BUSINESS WIRE)--The "Electrical Enclosure - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
The Electrical Enclosure market worldwide is projected to grow by US$2.7 Billion, driven by a compounded growth of 6%.
Metallic, one of the segments analyzed and sized in this study, displays the potential to grow at over 4.8%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$4.3 Billion by the year 2025, Metallic will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 4.4% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$49.2 Million to the region's size and clout in the next 5 to 6 years. Over US$61.1 Million worth of projected demand in the region will come from the rest of the European markets. In Japan, Metallic will reach a market size of US$138.2 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 8.6% over the next couple of years and add approximately US$858 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
- ABB Limited
- Adalet
- Allied Moulded Products, Inc.
- APX Enclosures, Inc.
- Atlas Precision Sheet Metal Solutions
- Attabox LLC
- Austin Electrical Enclosures
- AZZ, Inc.
- B&R Enclosures Pty. Ltd.
- Eaton Corporation
- Eldon Holding AB
- Emerson Electric Co.
- Fibox Oy AB
- Hammond Manufacturing Ltd.
- Hubbell Inc.
- Legrand
- nVent Electric plc
- Rittal GmbH & Co. KG
- Saginaw Control and Engineering
- Schneider Electric SE (France).
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Electrical Enclosure: An Introduction
- Electrical Enclosures Market: Current Scenario and Outlook
- Power Generation & Distribution: The Major End-Use Market
- Non-Metallic Enclosures: The Largest Segment
- Developing Regions Present Promising Growth Outlook
- Global Competitor Market Shares
- Electrical Enclosure Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Global Competitor Market Shares by Segment
- Wall Mounted (Mounting) Global Competitor Market Share Positioning for 2019 & 2025
- Floor Mounted (Mounting) Market Share Breakdown of Key Players: 2019 & 2025
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Rising Electricity Demand, Expanding Power Infrastructure and Enhanced Focus on Safety of Electrical Equipment Drive Demand for Electrical Enclosures
- Global Electricity Generation in Billion kWh for the Years 2010, 2020, 2030, 2040 and 2050
- Electricity Consumption in Trillion kWh for the Years 2010, 2012, 2014, 2016 and 2018
- China and India Lead the Global Rise in Demand for Electricity: Change in Gross Electricity Demand in TWh for 2017-50
- Rising Demand for Renewable Energy Augurs Well for Electrical Enclosures Market
- Global Change in Electricity Generation in TWh by Source for 2017-18
- Renewable Energy Market Worldwide: Net Capacity Additions for the Period 2011-2017 and 2018-2023
- Non-Metallic Enclosures: Ideal for Use in Renewable Energy Applications
- Enclosure Standards for Electrical Industry: Essential to Ensure Safety of Equipment
- UL Releases New FTTA2/FTTA8 Recognition Certification for Enclosures in the US and Canada
- Sample Testing & Evaluation
- Simplifying Certification Process
- Securing FTTA2/FTTA8 Recognition
- Safety Emerges as a Prime Factor Fueling Adoption of Electrical Enclosures in Industrial Facilities
- Explosion-Proof Enclosures Vital for Industrial Settings
- Oil & Gas Industry: Need for Explosion-Proof Enclosures
- Rising Importance of Electrical Enclosures for Agricultural Farming Sector
- NEMA Ratings for Electrical Enclosures
- Mounting Types for Agricultural Electrical Enclosures
- Protecting Electronic Devices: Focus on Developing Rugged and Waterproof Enclosures
- Food & Beverage Industry Gives Rise to Demand for Hygienic Enclosures
- Mining Industry: Focus on Non-Metallic Enclosures
- Shift towards Industry 4.0 and IIoT Presents Demand Potential for Electrical Enclosures in IIoT and Smart Sensor Applications
- Metal, Thermoplastic and Fiberglass: The Primary Materials for Electrical Enclosures
- Plastic Enclosures Vs Steel Enclosures
- Fiberglass Electrical Enclosures: High Significance in Corrosive Applications
- Fiberglass Enclosures vs. Polycarbonate Enclosures: A Review
- Flexibility and Reduced Footprint Drive Demand for Modular Design Enclosures
- Best Materials for Modular Electrical Cabinets
- NEMA Enclosures: The Industry Standard for Electrical Manufacturers
- A Review of Various NEMA Ratings for Enclosures
- NEMA 3R Enclosures Hold an Edge for Outdoor Applications
- NEMA 3R Enclosures Not Suitable for Outdoor Applications that are Hazardous
- Innovations & Advancements
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
- Market Facts & Figures
- US Electrical Enclosure Market Share (in %) by Company: 2019 & 2025
CANADA
JAPAN
CHINA
EUROPE
- Market Facts & Figures
- European Electrical Enclosure Market: Competitor Market Share Scenario (in %) for 2019 & 2025
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
IV. COMPETITION
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