The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., Berkshire Hathaway Inc., Eaton Corporation Plc, Emerson Electric Co., Hubbell Inc., IMS Companies LLC , nVent Electric Plc, Rittal GmbH & Co. KG, Sanmina Corp., and Schneider Electric SE are some of the major market participants.
The increasing use of electrical and electronic equipment in manufacturing processes, stringent standards for enclosure design, and increased adoption of automation and communication technologies will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments. Buy Sample Now!
Industrial Enclosures Market Vendor Analysis and Scope
To help businesses improve their market position, the Industrial Enclosures Market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include:
- ABB Ltd.
- Berkshire Hathaway Inc.
- Eaton Corp. Plc
- Emerson Electric Co.
- Friedhelm Loh Stiftung and Co. KG
- Hubbell Inc.
- nVent Electric Plc
- Sanmina Corp.
- Schneider Electric SE
Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read Latest Sample Report.
Industrial Enclosures Market Segmentation
- End User
- Type
- Geographic
- APAC
- North America
- Europe
- South America
APAC will account for 34% of market growth. The two biggest markets in APAC for industrial enclosures are China and Japan. This region's market will expand more quickly than those in other areas. Industrial enclosures market growth in APAC would be facilitated by rising investments in the oil and gas production industry to increase domestic production of natural gas and oil over the forecast period.
Industrial Enclosures Market Driver and Challenge
The growing use of electrical and electronic equipment in manufacturing processes is one of the major reasons fueling the market for industrial enclosures. Due to chronic power shortages, electricity has become a major concern for many companies, particularly in developing nations. As a result, end users use a variety of safety devices to safeguard industrial machinery such as motors, compressors, pumps, and fans. During the projected period, the market for industrial enclosures is anticipated to be driven by the rising demand for safety devices.
One of the major issues impeding the expansion of the industrial enclosures market is the rising price competition brought on by unstable input costs. To lessen the effect of raw material price volatility on their businesses, many important vendors have long-term contracts with suppliers. Small vendors, however, lack such contracts, and as a result, their operations are impacted by changes in raw material prices.
Related Reports:
Electric Wire and Cable Market in North America by End-user, Product, and Geography - Forecast and Analysis 2022-2026
Portable Fan Market by Application and Geography - Forecast and Analysis 2022-2026
Industrial Enclosures Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.88% |
Market growth 2021-2025 |
$ 1.83 billion |
Market structure |
Fragmented |
YoY growth (%) |
4.57 |
Regional analysis |
APAC, North America, Europe, MEA, and South America |
Performing market contribution |
APAC at 34% |
Key consumer countries |
US, China, Japan, UK, and Germany |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
ABB Ltd., Berkshire Hathaway Inc., Eaton Corp. Plc, Emerson Electric Co., Friedhelm Loh Stiftung and Co. KG, Hubbell Inc., nVent Electric Plc, Sanmina Corp., and Schneider Electric SE |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 01: Parent market
- Exhibit 02: Market characteristics
- 2.2 Value chain analysis
- Exhibit 03: Value chain analysis: Electrical components and equipment
3 Market Sizing
- 3.1 Market definition
- Exhibit 04: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 05: Market segments
- 3.3 Market size 2020
- 3.4 Market outlook: Forecast for 2020 - 2025
- Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
- Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 08: Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
- Exhibit 10: Bargaining power of suppliers
- 4.4 Threat of new entrants
- Exhibit 11: Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- 4.7 Market condition
- Exhibit 14: Market condition - Five forces 2020
5 Market Segmentation by End-user
- 5.1 Market segments
- Exhibit 15: End-user - Market share 2020-2025 (%)
- 5.2 Comparison by End-user
- Exhibit 16: Comparison by End-user
- 5.3 Process - Market size and forecast 2020-2025
- Exhibit 17: Process - Market size and forecast 2020-2025 ($ million)
- Exhibit 18: Process - Year-over-year growth 2020-2025 (%)
- 5.4 Discrete - Market size and forecast 2020-2025
- Exhibit 19: Discrete - Market size and forecast 2020-2025 ($ million)
- Exhibit 20: Discrete - Year-over-year growth 2020-2025 (%)
- 5.5 Market opportunity by End-user
- Exhibit 21: Market opportunity by End-user
6 Market Segmentation by Type
- 6.1 Market segments
- Exhibit 22: Type - Market share 2020-2025 (%)
- 6.2 Comparison by Type
- Exhibit 23: Comparison by Type
- 6.3 Metallic - Market size and forecast 2020-2025
- Exhibit 24: Metallic - Market size and forecast 2020-2025 ($ million)
- Exhibit 25: Metallic - Year-over-year growth 2020-2025 (%)
- 6.4 Non-metallic - Market size and forecast 2020-2025
- Exhibit 26: Non-metallic - Market size and forecast 2020-2025 ($ million)
- Exhibit 27: Non-metallic - Year-over-year growth 2020-2025 (%)
- 6.5 Market opportunity by Type
- Exhibit 28: Market opportunity by Type
7 Customer landscape
8 Geographic Landscape
- 8.1 Geographic segmentation
- Exhibit 30: Market share by geography 2020-2025 (%)
- 8.2 Geographic comparison
- Exhibit 31: Geographic comparison
- 8.3 APAC - Market size and forecast 2020-2025
- Exhibit 32: APAC - Market size and forecast 2020-2025 ($ million)
- Exhibit 33: APAC - Year-over-year growth 2020-2025 (%)
- 8.4 North America - Market size and forecast 2020-2025
- Exhibit 34: North America - Market size and forecast 2020-2025 ($ million)
- Exhibit 35: North America - Year-over-year growth 2020-2025 (%)
- 8.5 Europe - Market size and forecast 2020-2025
- Exhibit 36: Europe - Market size and forecast 2020-2025 ($ million)
- Exhibit 37: Europe - Year-over-year growth 2020-2025 (%)
- 8.6 MEA - Market size and forecast 2020-2025
- Exhibit 38: MEA - Market size and forecast 2020-2025 ($ million)
- Exhibit 39: MEA - Year-over-year growth 2020-2025 (%)
- 8.7 South America - Market size and forecast 2020-2025
- Exhibit 40: South America - Market size and forecast 2020-2025 ($ million)
- Exhibit 41: South America - Year-over-year growth 2020-2025 (%)
- 8.8 Key leading countries
- Exhibit 42: Key leading countries
- 8.9 Market opportunity by geography
- Exhibit 43: Market opportunity by geography
9 Drivers, Challenges, and Trends
- 9.1 Market drivers
- 9.2 Market challenges
- Exhibit 44: Impact of drivers and challenges
- 9.3 Market trends
10 Vendor Landscape
- 10.1 Overview
- 10.2 Vendor landscape
- Exhibit 45: Vendor landscape
- 10.3 Landscape disruption
- Exhibit 46: Landscape disruption
- Exhibit 47: Industry risks
11 Vendor Analysis
- 11.1 Vendors covered
- Exhibit 48: Vendors covered
- 11.2 Market positioning of vendors
- Exhibit 49: Market positioning of vendors
- 11.3 ABB Ltd.
- Exhibit 50: ABB Ltd. - Overview
- Exhibit 51: ABB Ltd. - Business segments
- Exhibit 52: ABB Ltd. - Key offerings
- Exhibit 53: ABB Ltd. - Segment focus
- 11.4 Berkshire Hathaway Inc.
- Exhibit 54: Berkshire Hathaway Inc. - Overview
- Exhibit 55: Berkshire Hathaway Inc. - Business segments
- Exhibit 56: Berkshire Hathaway Inc. - Key offerings
- Exhibit 57: Berkshire Hathaway Inc. - Segment focus
- 11.5 Eaton Corp. Plc
- Exhibit 58: Eaton Corp. Plc - Overview
- Exhibit 59: Eaton Corp. Plc - Business segments
- Exhibit 60: Eaton Corporation Plc - Key news
- Exhibit 61: Eaton Corp. Plc - Key offerings
- Exhibit 62: Eaton Corp. Plc - Segment focus
- 11.6 Emerson Electric Co.
- Exhibit 63: Emerson Electric Co. - Overview
- Exhibit 64: Emerson Electric Co. - Business segments
- Exhibit 65: Emerson Electric Co. -Key news
- Exhibit 66: Emerson Electric Co. - Key offerings
- Exhibit 67: Emerson Electric Co. - Segment focus
- 11.7 Friedhelm Loh Stiftung and Co. KG
- Exhibit 68: Friedhelm Loh Stiftung and Co. KG - Overview
- Exhibit 69: Friedhelm Loh Stiftung and Co. KG - Product and service
- Exhibit 70: Friedhelm Loh Stiftung and Co. KG - Key offerings
- 11.8 Hubbell Inc.
- Exhibit 71: Hubbell Inc. - Overview
- Exhibit 72: Hubbell Inc. - Business segments
- Exhibit 73: Hubbell Inc. - Key offerings
- Exhibit 74: Hubbell Inc. - Segment focus
- 11.9 IMS Companies LLC
- Exhibit 75: IMS Companies LLC - Overview
- Exhibit 76: IMS Companies LLC - Product and service
- Exhibit 77: IMS Companies LLC - Key offerings
- 11.10 nVent Electric Plc
- Exhibit 78: nVent Electric Plc - Overview
- Exhibit 79: nVent Electric Plc - Business segments
- Exhibit 80: nVent Electric Plc - Key offerings
- Exhibit 81: nVent Electric Plc - Segment focus
- 11.11 Sanmina Corp.
- Exhibit 82: Sanmina Corp. - Overview
- Exhibit 83: Sanmina Corp. - Business segments
- Exhibit 84: Sanmina Corp. - Key offerings
- Exhibit 85: Sanmina Corp. - Segment focus
- 11.12 Schneider Electric SE
- Exhibit 86: Schneider Electric SE - Overview
- Exhibit 87: Schneider Electric SE - Business segments
- Exhibit 88: Schneider Electric SE - Key offerings
- Exhibit 89: Schneider Electric SE - Segment focus
12 Appendix
- 12.1 Scope of the report
- 12.2 Currency conversion rates for US$
- Exhibit 90: Currency conversion rates for US$
- 12.3 Research methodology
- Exhibit 91: Research Methodology
- Exhibit 92: Validation techniques employed for market sizing
- Exhibit 93: Information sources
- 12.4 List of abbreviations
- Exhibit 94: List of abbreviations
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