Electrical Enclosure Market Worth $5,857.46 Million by 2020
DALLAS, June 8, 2015 /PRNewswire/ --
According to a new market research report "Electrical Enclosure Market by Form Factor (Small, Compact, & Free-Size), Material (Metallic & Non-Metallic), Product Type, Industry Verticals (Energy & Power, Commercial & Industrial, Food & Beverages, & Others), & Geography - Global Forecast to 2020", published by MarketsandMarkets, the total Electrical Enclosures Market was valued at $4,021.02 Million in 2014 and is expected to reach $5,857.46 Million by 2020, at a CAGR of 6.4% between 2015 and 2020.
Browse 76 market data Tables and 87 Figures spread through 190 Pages and in-depth TOC on "Electrical Enclosure Market"
http://www.marketsandmarkets.com/Market-Reports/electrical-enclosure-market-6953934.html
Early buyers will receive 10% customization on this report.
The Electrical Enclosures Market is expected to show moderate growth in the next five years. The global expansion of energy T&D network, the trend of industrial automation, and industrial safety regulations are the primary factors contributing to the growth of this market. Factors such as huge investments in the renewable energy projects by the various governments, demand for highly hygienic enclosures to serve the process automation needs of the food & beverage sector, and increasing rate of adoption of smart home equipment are expected to propel the growth of the electrical enclosures market in the future.
The report's detailed segmentation on the basis of form factor, material, product type, industry verticals, and geography covers the overall electrical enclosures market.
The objective of the research study is to analyze the market trends for each of the metallic as well as non-metallic enclosures, the growth rates of various enclosure types in different industry verticals, and their comparison with respect to different geographies.
Apart from the market segmentation, the report also covers the Porter's five force analysis, the market's value chain with detailed process flow diagram, and market dynamics such as the drivers, restraints, and opportunities in the overall electrical enclosures market.
Speak to Analyst:http://www.marketsandmarkets.com/speaktoanalyst.asp?id=6953934
This report profiles the major companies involved in the electrical enclosures market including Rittal GmbH & Co. KG (Germany), Pentair Plc. (U.K.), Schneider Electric SE (France), Emerson Electric Company (U.S.), Legrand (France), Hubbell, Inc. (U.S.), Eaton Corporation (Ireland), Eldon Holding AB (Sweden), ABB Ltd (Switzerland), and AZZ Inc. (U.S.).
Browse related reports
Intelligent Transportation Systems Market by Component, Application, System (ATMS, ATIS, ITS- Enabled Transportation, Pricing System, APTS and CVO), by Component, Application and Geography (Americas, Europe, APAC, ROW) Analysis and Forecast to 2014 - 2020
http://www.marketsandmarkets.com/Market-Reports/intelligent-transport-systems-its-market-764.html
Submarine & Satellite Cable and Connectors Market by Components (Cable and Cable Assemblies, Connectors and Others), Application (Testing and Manufacturing), Industries and Geography- Analysis and Forecast (2014-2020)
About MarketsandMarkets
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
North - Dominion Plaza,
17304, Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
SOURCE MarketsandMarkets
Share this article