Electrical Enclosures

Global Electrical Enclosures Market to Reach US$9.6 Billion by 2030

The global market for Electrical Enclosures estimated at US$6.8 Billion in the year 2024, is expected to reach US$9.6 Billion by 2030, growing at a CAGR of 5.7% over the analysis period 2024-2030. Metallic, one of the segments analyzed in the report, is expected to record a 5.4% CAGR and reach US$6.0 Billion by the end of the analysis period. Growth in the Non-Metallic segment is estimated at 6.2% CAGR over the analysis period.

The U.S. Market is Estimated at US$2.1 Billion While China is Forecast to Grow at 8.8% CAGR

The Electrical Enclosures market in the U.S. is estimated at US$2.1 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2030 trailing a CAGR of 8.8% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.8% and 4.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Global Electrical Enclosures Market - Key Trends & Drivers Summarized

Electrical enclosures are vital components in various industries, serving to protect electrical equipment from environmental hazards and unauthorized access. These enclosures, typically made from materials like metal, plastic, or fiberglass, are designed to house electrical and electronic components such as switches, knobs, and displays, ensuring they operate safely and efficiently. The primary functions of electrical enclosures include safeguarding against dust, water, and other contaminants, as well as preventing electrical shocks and short circuits. They are used in a wide range of applications, from residential electrical panels to industrial control systems, and are essential for maintaining the integrity and reliability of electrical infrastructure.

Advancements in materials science and manufacturing technologies have significantly influenced the design and functionality of electrical enclosures. Modern enclosures are engineered to meet stringent industry standards and certifications, such as NEMA and IP ratings, which specify the level of protection against environmental factors. Innovations like modular enclosures and customizable designs allow for greater flexibility and scalability in various applications. Additionally, the incorporation of advanced cooling solutions and thermal management systems has enhanced the performance of enclosures in high-heat environments, which is particularly important in sectors like data centers and telecommunications. The use of corrosion-resistant materials and coatings has also extended the lifespan of enclosures in harsh and corrosive environments, ensuring long-term durability and reliability.

The growth in the electrical enclosures market is driven by several factors. The rapid expansion of industrial automation and the increasing adoption of smart technologies in manufacturing processes have boosted the demand for advanced electrical enclosures that can support complex electrical systems. The rise in renewable energy installations, such as solar and wind farms, has further driven the need for robust enclosures capable of withstanding extreme weather conditions and protecting sensitive electrical components. Rising demand for electricity and the subsequent efforts of the power industry worldwide to expand generation capacity have been driving demand for electrical enclosures. A trend with significant implications for the market is the increasing power being generated by renewable sources of energy, specifically solar and wind power. Since renewable energy generation units involve the use of several sensitive electrical components as well as batteries that need to be protected to prevent system failures, the demand for electrical enclosures to ensure safety of the systems is on the rise. Rising demand for hygienic electrical enclosures in the food & beverage sector, given the enhanced emphasis on hygienic surroundings, sustained demand for robust enclosures from oil & gas, and metals & mining sectors, and the escalating needs of renewable energy sector are fueling market growth. Also, the growing emphasis on safety and regulatory compliance in both developed and emerging economies has led to increased investment in high-quality electrical enclosures. Urbanization and the expansion of infrastructure projects, including transportation and utilities, are also contributing to market growth. These factors, coupled with ongoing innovations in enclosure design and materials, are propelling the expansion of the electrical enclosures market, ensuring its critical role in safeguarding electrical systems across various industries.

SCOPE OF STUDY:

The report analyzes the Electrical Enclosures market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Material (Metallic, Non-Metallic); Mounting (Floor Mounted, Wall Mounted, Underground); End-Use (Power Generation & Distribution, Oil & Gas, Metals & Mining, Transportation, Other End-Uses)

Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; 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; UAE; Rest of Middle East; Africa.

Select Competitors (Total 94 Featured) -

• Amphenol Corporation
• CamdenBoss Ltd.
• Indelec SA
• Connecticut Electric, Inc.
• Altech Corporation
• Ensto Group
• FactoryMation LLC
• Hammond Manufacturing Co., Ltd.
• Adalet
• Fibox Oy Ab
• Bud Industries Inc.
• Elettrocanali S.p.A.
• Eltech Australia Pty. Ltd.
• ISC Sales
• hA¤wa GmbH

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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