The latest report by IMARC Group, titled “Electrical Enclosure Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on electrical enclosure market size. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global electrical enclosure market reached a value of US$ 6.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 9.5 Billion by 2027, exhibiting a CAGR of 7% during 2022-2027.

An electrical enclosure represents a closed cabinet that shields equipment, such as power generators, transformers, telecommunication devices, etc., along with various other components, including mount switches, knobs, display monitors, etc. It is used to prevent the damage resulting from accidental contact by users and add to the aesthetic value of a space. An electrical enclosure is generally manufactured from steel, aluminum, rigid plastics, etc., to protect against hazardous, non-hazardous, and other specific environmental conditions. As such, it finds extensive applications in locations with potential risks of flammable gases, combustible dust, volatile vapors or particles, etc.

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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Electrical Enclosure Market Trends:

The emerging trend of automation in several industries is primarily driving the electrical enclosure market. Additionally, the widespread product adoption in smart homes and the inflating need for upgrading existing power infrastructures to meet the escalating energy demand are further catalyzing the market growth. Besides this, the growing number of power stations running on renewable energy sources, including solar and wind, is acting as another significant growth-inducing factor. Moreover, the launch of numerous favorable policies by government bodies across countries to promote the utilization of electrical enclosures in commercial, residential, and industrial complexes in order to prevent accidents and casualties is also positively influencing the global market. Apart from this, the development of internet of things (IoT)-enabled industrial product variants is anticipated to fuel the electrical enclosure market over the forecasted period.

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Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.

  • Schneider Electric
  • ABB Ltd.
  • Eaton Corporation
  • Adalet
  • Emerson Electric Company
  • Pentair
  • Siemens
  • Allied Moulded Products
  • AZZ Incorporated
  • Fibox Enclosures
  • GE
  • Legrand SA
  • Hubbell Incorporated
  • Socomec Group SA
  • Rittal GmbH & Co. Kg

Electrical Enclosure Market Segmentation:

Our report has categorized the market based on region, type, material type, mounting type, form factor, product type, design and end-user.

Market Breakup by Type:

  • Junction Enclosures
  • Disconnect Enclosures
  • Operator Interface Enclosures
  • Environment and Climate Control Enclosures
  • Push Button Enclosures

Market Breakup by Material Type:

  • Metallic
  • Nonmetallic

Market Breakup by Mounting Type:

  • Wall-Mounted Enclosure
  • Floor-Mounted/Free-Standing Enclosure
  • Underground

Market Breakup by Form Factor:

  • Small
  • Compact
  • Full-size

Market Breakup by Product Type:

  • Drip-Tight
  • Hazardous Environment
  • Flame/Explosion Proof
  • Dust-Tight
  • Others

Market Breakup by Design:

  • Standard Type
  • Custom Type

Market Breakup by End-User:

  • Power Generation
  • Transmission and Distribution
  • Other Electrical Equipment

Market Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

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