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Download Free sampleElectrical 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.
Electric Enclosure Market aims to provide a comprehensive presentation of the global market for Electric Enclosure, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Enclosure. Electric Enclosure Market contains market size and forecasts of Electric Enclosure in global, including the following market information:
The global Electric Enclosure market was valued at US$ 6790 million in 2022 and is projected to reach US$ 9418.2 million by 2029, at a CAGR of 4.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global Electric Enclosure market include Rittal, Schneider, Pentair, etc. The top 3 players occupy about 25% shares of the global market. Asia-Pacific and Europe are main markets, they occupy about 60% of the global market. Metallic is the main type, with a share about 60%. Commercial & Industrial is the main application, which holds a share about 40%.
We surveyed the Electric Enclosure manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electric Enclosure Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electric Enclosure Market Segment Percentages, by Type, 2022 (%)
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