Global Electrical Enclosure Market 2015-2019
About Electrical Enclosure Equipment
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 non-metallic. 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. TechNavio's analysts forecast the Global Electrical Enclosure market to grow at a CAGR of 5.06 percent over the period 2015-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Electrical Enclosure market during the period 2015–2019. For ascertaining the market size and vendor share the report considers the revenue obtained from the sales of Electrical Enclosure products.
TechNavio's report, the Global Electrical Enclosure market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Electrical Enclosure market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
TechNavio Announces the Publication of its Research Report – Global Electrical Enclosure Market 2015-2019
TechNavio recognizes the following companies as the key players in the: Adalet Inc., Eaton Corp. plc, Emerson Electric Co., Pentair Ltd., Schneider Electric SE and Siemens AG
Other Prominent Vendors in the market are: Allied Moulded Products, Bafbox, Bison Profab, Boss Enclosures, Fibox Enclosures, Hammond Manufacturing, Hubbell/Wiegmann, Inclosia Solutions, ITS Enclosures, LCD Enclosures, OKW Enclosures, Peerless Industries, Qube, Selectronix, Signature Enclosures, Solutions Direct, Takachi Electronics Enclosure, Triton Systems, Unibox Enclosures and Vynckier Enclosure Systems
Commenting on the report, an analyst from TechNavio’s team said: “One of the key trends emerging in the market is the availability of customized enclosures based on end-users' requirement. Customization of the product helps end-users in maximizing their profits by reducing the wastage of materials used for electrical enclosures.”
According to the report, one of major drivers of the marke is the increased demand for electrical enclosures from developing countries. The market is experiencing huge potential from developing countries such as China, Brazil, and India. Rapid urbanization has contributed significantly to the growth of the market in developing countries, which increases the demand for electrical enclosures.
Further, the report states that one of the major challenges that the market faces is the decrease in the demand for metallic enclosures. Metallic enclosures are prone to rust on exposure to adverse environmental conditions.
ABB, Eaton, Emerson, GE, Hubbel, Pentair, Schneider Electri, Siemens, R.Stahl, Adalet, Allied Moulded Products, BafBox, Bison ProFab, Boss Enclosures, Fibox Enclosures, Hammond Manufacturing, Inclosia Solutions, LCD Enclosures, OKW Enclosures, ITSEnclosures, Peerless Industries, Phoenix Mecano, Qube , Selectronix, Signature Enclosures, Takachi Electronic Enclosure, Triton Systems, Solutions Direct, Unibox Enclosures, Vynckier Enclosure Systems