Electrical Enclosure Market Size, Share Report, Analysis, Trends, Growth 2032

Electrical Enclosure Market

Electrical Enclosure Market - By Material Type (Metallic and Nonmetallic), By Mounting Type (Floor-Mounted/Free-Standing Enclosure, Wall-Mounted Enclosure, and Underground), By Form Factor (Compact Enclosure, Small Enclosure, and Free-Size Enclosure), By Industry Vertical (Oil & Gas, Power Generation & Distribution, Medical, Metals & Mining, Food & Beverages, Pulp & Paper, Transportation, and Others), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024-2032

Category: Semiconductor & Electronics Report Format : PDF Pages: 110 Report Code: ZMR-3337 Published Date: Oct-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 7.13 Billion USD 13.16 Billion 6.3% 2023

Global Electrical Enclosure Market: Insights

According to Zion Market Research, the global Electrical Enclosure Market was worth USD 7.13 Billion in 2023. The market is forecast to reach USD 13.16 Billion by 2032, growing at a compound annual growth rate (CAGR) of 6.3% during the forecast period 2024-2032. The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Electrical Enclosure industry over the next decade.

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Global Electrical Enclosure Market: Overview

An electrical enclosure is a box or cabinet for electric device that offers protection to electric or electronic device against electric shock. It protects electric devices used in various construction, utility, and industrial applications. Apart from this, the electric enclosure also protects the electric instrument from radio frequency interference, heat ejection, and electromagnetic waves. It is a component of electric instrument that helps in mounting switches, displays, and knobs, thereby avoiding electric shocks to the device users along with protecting the equipment from the adverse environmental conditions.  It is also used to provide aesthetic appeal to the electric device.

Global Electrical Enclosure Market: Growth Drivers

Growing product penetration across various sectors is credited to its massive use in circuit breakers, switches, contractors, and control panels in order to protect users from getting electrocuted. Furthermore, massive requirement for renovating power infrastructure across the developing nations will leverage the expansion of electrical enclosures industry over the forthcoming years.  Escalating product demand in oil & gas, pulp & paper, food & beverages, power generation & distribution, metals & mining, medical, and transport sectors will upswing business trends. Humongous need for power supply will create new growth opportunities for electrical enclosure market over the forthcoming years. 

Furthermore, surge in the number of commercial as well as residential construction activities will fuel the market growth over the ensuing years. Surge in the industrial activities as well as mining activities and access of power supply to rural & remote areas will carve a profitable growth trajectory for the market in the years to come. Introduction of new power generating techniques and allocation of funds for ensuring that the power supply facilities reach the nook & corner of world will expand the business scope over the next couple of years. Demand for renewable or sustainable energy will further enhance the business sphere.

Key Insights

  • As per the analysis shared by our research analyst, the global Electrical Enclosure Market is estimated to grow annually at a CAGR of around 6.3% over the forecast period (2024-2032).
  • In terms of revenue, the global Electrical Enclosure Market size was valued at around USD 7.13 Billion in 2023 and is projected to reach USD 13.16 Billion by 2032.
  • by material type, by mounting type, by form factor, by industry vertical and by region
  • Based on the material type, The metal segment dominates the electrical enclosure market due to its high durability, strength, and excellent protection against electromagnetic interference. Metals such as stainless steel and aluminum are widely used in industrial applications where environmental protection and mechanical performance are critical, making this segment the preferred choice over non-metallic alternatives.
  • Based on the mounting type, The wall-mounted enclosures segment holds the largest market share, primarily driven by their widespread use in industrial and commercial settings. These enclosures provide easy accessibility, space-saving installation, and enhanced safety for sensitive electrical components, making them a highly suitable option for both indoor and outdoor applications.
  • Based on the form factor, The compact enclosure segment leads the market owing to increasing demand for space-efficient and cost-effective solutions across industries. Compact enclosures are particularly favored in applications with limited space and are extensively used in control panels, telecommunications, and small machinery installations.
  • Based on the industry vertical, The energy and power segment is the most dominant end-user in the electrical enclosure market. This is attributed to the growing need for safe and efficient housing of electrical systems in power generation and distribution infrastructure, especially with the global shift towards renewable energy sources and smart grid developments.
  • Based on the region, North America emerges as the leading regional market, driven by robust industrial infrastructure, high investment in automation, and stringent safety regulations. The presence of major players and ongoing technological advancements in the U.S. and Canada further boost the dominance of this region in the global electrical enclosure market.

Global Electrical Enclosure Market: Report Scope

Report Attributes Report Details
Report Name Electrical Enclosure Market
Market Size in 2023 USD 7.13 Billion
Market Forecast in 2032 USD 13.16 Billion
Growth Rate CAGR of 6.3%
Number of Pages 110
Key Companies Covered Eaton, AZZ, ABB, Schneider, Emerson, Rittal, Pentair, Fibox, Hammond, Adalet, and Legrand
Segments Covered By Material Type, By Mounting Type, By Form Factor, By Industry Vertical And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Global Electrical Enclosure Market: Segmentation

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The study provides a decisive view of electrical enclosure market by segmenting the market based on by material type, by mounting type, by mounting type, by form factor, by industry vertical and by region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

By material type segment analysis includes metallic and nonmetallic. 

By mounting type segment analysis includes floor-mounted/free-standing enclosure, wall-mounted enclosure and underground.

By form factor segment analysis includes free-size enclosure, small enclosure and compact enclosure.

By industry vertical segment analysis includes metals & mining, power generation & distribution, oil & gas, food & beverages, medical, pulp & paper, transportation and others.

By region segment analysis includes chronic care management apps, medical apps, women’s health apps, medication management, personal health record (PHR) apps, healthcare and fitness apps, others.

Global Electrical Enclosure Market: Regional Segment Analysis

Global Electrical Enclosure Market Regional AnalysisRequest Free Sample

Asia Pacific Market To Experience Humongous Surge Over 2024-2032

The growth of the market in the Asia Pacific zone during the forecast timeline is owing to huge funding of power generating & distributing sectors in the countries like India and China. In addition to this, huge demand for power supply across commercial as well as residential sectors will steer the business expansion in the region over the forecast timeline.

Global Electrical Enclosure Market: Competitive Players

Key players profiled in the report include -

  • Eaton
  • AZZ
  • ABB
  • Schneider
  • Emerson
  • Rittal
  • Pentair
  • Fibox
  • Hammond
  • Adalet
  • Legrand.

Global Electrical Enclosure Market: Segmentation Analysis

The global electrical enclosure market is segmented as follows:

By Material Type:

  • Metallic
    • Stainless steel
    • Aluminum
    • Mild Steel
    • Others
  • Nonmetallic
    • PVC
    • Fiberglass
    • Polycarbonate
    • Polyester

By Mounting Type:

  • Floor-mounted/Free-standing enclosure
  • Wall-mounted enclosure
  • Underground

By Form Factor:

  • Free-size enclosure
  • Small enclosure
  • Compact enclosure

By Industry Vertical:

  • Metals & mining
  • Power generation & distribution
  • Oil & gas
  • Food & beverages
  • Medical
  • Pulp & paper
  • Transportation
  • Others

Global Electrical Enclosure Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Humongous need for power supply will create new growth opportunities for electrical enclosure market over forthcoming years.

(CAGR) of 6.3% during the forecast period 2024-2032.

Asia Pacific will contribute remarkably towards the global market share over the estimated timeline.

The key market players include Schneider, Rittal, Emerson, Pentair, Hammond, Eaton, Adalet, Fibox, AZZ, ABB, and Legrand.

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