Electric Enclosure Market analysis is provided for global market including development trends by regions, competitive analysis of Electric Enclosure market. 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.
Scope of the Report:
This report focuses on the Electric Enclosure in Global market, especially in North America, Europe and Asia-Pacific, Latin America, Middle and Africa. This report categorizes the market based on manufacturers, regions, type and application.
According to the report, global revenue for Electric Enclosure market was valued at $ 4759.46 million in 2015, and is expected to generate revenue of $ 5981.48 million by end of 2021, growing at a CAGR of slightly above 3.89 % between 2015 and 2021. Electric Enclosure market by volume, which measures output worldwide, was expected to reach 28,556 K Units in 2016 with an increase of 5.50% from its year-earlier level.
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Top Manufacturers covered in Electric Enclosure Market reports are Rittal, Pentair Ltd, Hubbell, Eldon, ENSTO and many others. In this introductory section, the research report incorporates analysis of definitions, classifications, applications and industry chain structure. Electric Enclosure Industry Research Report is backed by extensive primary and secondary research which delivers valuable market insights and competitive analysis of the Electric Enclosure market. It also includes market opportunities, drivers, restraints, key player profile & their strategies, challenges and investment potential. Furthermore, this report also covers detailed evaluation of these companies with their production, price, revenue and market share.
An electrical enclosure can be metallic or nonmetallic, based on the application. With the replacement of nonmetallic enclosures, these problems are being solved. Global nonmetallic electric enclosures revenue amounted to $1043.18 million in 2014 and grew by 21.91% to reach $ 1545.26 million in 2015. The market is predicted to increase to about $ 3479.01 million in 2021 with a 17.62 % CAGR from 2016 through 2021
Production plants, their capacities, global production and revenue are studied. By Product Type Analysis the Electric Enclosure Market is Segmented into: Metallic Electric Enclosure,Non-Metallic Electric Enclosure By Applications Analysis Electric Enclosure Market is Segmented into: Commercial & Industrial,Energy & Power,Food & Beverage,Others
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Major Regions covered in the Electric Enclosure Market report include: North America (USA, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
Further in the Electric Enclosure Market research report, following points market opportunities, market risk and market overview are included along with in-depth study of each point. Production of the Electric Enclosure is analyzed with respect to different regions, types and applications. The sales, revenue, and price analysis by types and applications of Electric Enclosure market key players is also covered. Both, sales and revenue are studied for the different regions of the global Electric Enclosure Market. It also covers Electric Enclosure market opportunities and threats faced by the vendors in the global regions. In continuation with sales, this section studies distributors, traders and dealers for the Electric Enclosure Market.
The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Electric Enclosure market in 2022 is also explained. Additionally, type wise and application wise consumption tables and figures of Electric Enclosure market are also given.