Electrical Enclosure Market Size, Share, Growth, Trends, Analysis and Forecast To 2023 | Credence Research

According to a new market report published by Credence Research, Inc. “Global Electrical Enclosure Market  (By Type (Metallic and Non-Metallic Enclosure), By Application (Dust Tight, Hazardous Environment, Drip-Tight, Flame/Explosion, and Others), and By End-use (Industrial, Commercial, Food and Beverage, Energy and Power, Transportation, and Others) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023”, the global electrical enclosure market is expected to witness a steady growth, expanding at a CAGR of 5.9% from 2016 to 2023.

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Market Insights:

An electrical enclosure is a cabinet for electrical system used to mount knobs and switches and prevent users from electrical shock. Since electrical enclosure housing the electrical equipment is the only part visible to users, the manufacturers focus not only on developing quality product, but also an aesthetic one. In few cases, government regulations and standards dictate characteristics and performance of electrical enclosures used in hazardous environments. The global market for electrical enclosures is moderately matured and is poised to witness steady growth during the forecast period 2016 – 2023.

Competitive Insights:

The nature of the electrical enclosures market varies from region to region. The market in developed economies including Europe and North America is well structured and highly consolidated. On the contrary, the market for electrical enclosures in Asia Pacific and Latin American countries is relatively unorganized comprising large number of regional electrical enclosure and cable management manufacturers. The fragmented nature of the market in these regions requires manufacturers to ensure product enhancements and new product launches at regular intervals to remain competitive in the market. Some of the leading, promising, and emerging electrical enclosure manufacturers identified in the research study include General Electric Company (the United States), Emerson Electric Company (the United States), Eaton Corporation Plc (Ireland), Rittal GmbH & Co. KG (Germany), Hubbell, Inc. (the United States), ABB Ltd. (Switzerland), Legrand S.A. (France), Siemens AG (Germany), Eldon Holding AB (Spain), Adalet Inc (the United States), and Schneider Electric SE (France) among others.

Key Trends:

  • Stringent government regulations promoting worker safety at workplace
  • Rapid industrialization and growing trend towards process automation
  • Growing demand from food and beverage and energy and power sectors
  • Demand for customized solutions
  • Price competition, especially in Asia Pacific and RoW markets.

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Table of Content

  1. Preface
    1.1. Report Scope and Description
    1.2. Research Methodology
    1.2.1. Phase I-Secondary Research
    1.2.2. Phase II-Primary Research
    1.2.3. Phase II-Expert Panel Review
    1.2.4. Assumptions
    1.2.5. Approach Adopted
  2. Executive Summary
    2.1. Global Electrical Enclosure Market Snapshot
  3. Global Electrical Enclosure Market Analysis
    3.1. Global Electrical Enclosure Market Overview
    3.2. Market Inclination Insights
    3.2.1. Recent Trends
    3.2.2. Future Outlook
    3.3. Market Dynamics
    3.3.1. Market Drivers
    3.3.2. Market Challenges
    3.3.3. Opportunity Matrix
    3.4. See-Saw Analysis
    3.5. Attractive Investment Proposition
    3.6. Market Positioning of Key Industry Participants
    3.6.1. Major Strategies Adopted
    3.6.2. Analyst Recommendations
  4. Global Electrical Enclosure Market Revenue, By Type , 2014 – 2023 (US$ Bn)
    4.1. Pac-Man Analysis
    4.2. Metallic Enclosure
    4.3. Non-Metallic Enclosure

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  1. Global Electrical Enclosure Market Revenue, By Application, 2014 – 2023 (US$ Bn)
    5.1. Pac-Man Analysis
    5.2. Dust Tight
    5.3. Hazardous Environment
    5.4. Drip-Tight
    5.5. Flame/Explosion
    5.6. Others
  2. Global Electrical Enclosure Market Revenue, By Industry Vertical, 2014 – 2023 (US$ Bn)
    6.1. Tornado Analysis
    6.2. Industrial Manufacturing
    6.3. Commercial
    6.4. Food and Beverage
    6.5. Energy and Power
    6.6. Transportation
    6.7. Others
  3. North America Electrical Enclosure Market Analysis, 2014 – 2023 (US$ Bn)
    7.1. North America Electrical Enclosure Market Revenue, By Type, 2014 – 2023 (US$ Bn)
    7.2. North America Electrical Enclosure Market Revenue, By Application, 2014 – 2023 (US$ Bn)
    7.3. North America Electrical Enclosure Market Revenue, By Industry Vertical, 2014 – 2023 (US$ Bn)
    7.4. North America Electrical Enclosure Market Revenue, By Country, 2014 – 2023 (US$ Bn)
  4. Europe Electrical Enclosure Market Analysis, 2014 – 2023 (US$ Bn)
    8.1. Europe Electrical Enclosure Market Revenue, By Type, 2014 – 2023 (US$ Bn)
    8.2. Europe Electrical Enclosure Market Revenue, By Application, 2014 – 2023 (US$ Bn)
    8.3. Europe Electrical Enclosure Market Revenue, By Industry Vertical, 2014 – 2023 (US$ Bn)
    8.4. Europe Electrical Enclosure Market Revenue, By Region, 2014 – 2023 (US$ Bn)
  5. Asia Pacific Electrical Enclosure Market Analysis, 2014 – 2023 (US$ Bn)
    9.1. Asia Pacific Electrical Enclosure Market Revenue, By Type, 2014 – 2023 (US$ Bn)
    9.2. Asia Pacific Electrical Enclosure Market Revenue, By Application, 2014 – 2023 (US$ Bn)
    9.3. Asia Pacific Electrical Enclosure Market Revenue, By Industry Vertical, 2014 – 2023 (US$ Bn)
    9.4. Asia Pacific Electrical Enclosure Market Revenue, By Country, 2014 – 2023 (US$ Bn)
  6. Rest of World Electrical Enclosure Market Analysis, 2014 – 2023 (US$ Bn)
    10.1. Rest of World Electrical Enclosure Market Revenue, By Type, 2014 – 2023 (US$ Bn)
    10.2. Rest of World Electrical Enclosure Market Revenue, By Application, 2014 – 2023 (US$ Bn)
    10.3. Rest of World Electrical Enclosure Market Revenue, By Industry Vertical, 2014 – 2023 (US$ Bn)
    10.4. Rest of World Electrical Enclosure Market Revenue, By Region, 2014 – 2023 (US$ Bn)
    11. Company Profiles
    11.1. General Electric Company
    11.2. Emerson Electric Company
    11.3. Eaton Corporation Plc
    11.4. Rittal GmbH & Co. KG
    11.5. Hubbell, Inc.
    11.6. ABB Ltd.
    11.7. Legrand S.A.
    11.8. Siemens AG
    11.9. Eldon Holding AB
    11.10. Adalet Inc.
    11.11. Schneider Electric SE

Medium Blog: https://medium.com/@kumarganesh028/electrical-enclosure-market-is-expected-to-reach-us-7-23-bn-by-2023-credence-research-ea16c342ec1