Electric Enclosure Market Research Report 2020-2025
The report gives a clear image of the current Electric Enclosure Market scenario and the expected future of the industry. The report focuses on market drivers, restraints, growth, trends, and the forecast for the period from 2020 to 2025. Besides, the report also represents the market performance by value chain analysis which will help to provide better product differentiation along with the analysis of each segment regarding opportunity, market attractiveness index and growth rate.
Electrical enclosure is used to protect the electrical equipment such as power generators, transmitters, power distributers and other electrical equipment. Electrical enclosure includes two types’ metallic and nonmetallic. Equipment such as power generation, transmitters and power distribution uses enclosure as a cabinet to mount switches, display and knobs and to prevent electric shock to users and protect the equipment various environmental changes. The enclosure will not be created for utilitarian requirements but also to please the eye of the consumer.
According to this study, over the next five years the Electric Enclosure market will register a 3.9% CAGR in terms of revenue, the global market size will reach US$ 6450 million by 2024, from US$ 5140 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Electric Enclosure business, shared in Chapter 3.
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The key manufacturers covered in this report:
- Rittal
- Pentair
- Fibox Enclosures
- Hubbel
- Eldon
- ENSTO
- Schneider
- Eaton
- ABB
- Emerson
- Adalet
- Nitto Kogyo
- GE
- Siemens
- Legrand
- BOXCO
- SRBox
- Allied Moulded Products
- ITS Enclosures
- Bison ProFab
Segmentation by product type:
- Metallic
- Non-Metallic
Segmentation by application:
- Commercial & Industrial
- Energy & Power
- Food & Beverage
- Others
This report also splits the market by region:
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
- …….
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Research objectives
- To study and analyze the global Electric Enclosure consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Electric Enclosure market by identifying its various subsegments.
- Focuses on the key global Electric Enclosure manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Electric Enclosure with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Electric Enclosure submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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