Electrical Enclosure Market Forecast and Segments, 2015-2025

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Date Submitted: 11/02/2016 07:16 AM

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An electrical enclosure is used to protect users from electric shock and electrical or electronic components from the environment. The manufacturers of the electrical enclosure not only concentrate on the safety aspect of it, but also on the attractiveness, to make the enclosure pleasing to the eye. The electrical enclosure can be used to mount switches, displays and knobs.

Metals, plastics, stainless steel, carbon steel and aluminum are the materials used to manufacture the electrical enclosure. Customized electrical enclosure can be used for mass-produced equipment and on the other hand, standardized enclosure is used for low production equipment.

Electrical enclosure is also used to protect electrical equipment such as transmitters, power distribution systems, power generators, etc.

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Electrical Enclosure Market: Drivers and Challenges

In future, industrial automation is expected to increase, which is forecast to fuel the demand for electrical enclosure. Globally, the governments of many countries like U.S.A. and U.K. have implemented stringent regulations regarding safety and this is driving the growth for the electrical enclosure market. The growing investment in renewable energy projects by various countries, increasing demand from food & beverage industry is fueling the growth for the global electrical enclosure market. The penetration of smart home equipment is expected to propel the demand for electrical enclosure.

Decrease in the demand for metallic enclosure is acting as an inhibitor to the global electrical enclosure market.

Electrical Enclosure Market: Overview

The global electrical enclosure market by value is expected to expand at a CAGR of around 5-7% during the forecast period (2015-2025), due to growth in electrical and electronics hardware industry, stringent government rules pertaining to the safety and increasing...