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(IT-NEWSWIRE.COM, November 30, 2017 ) According to Publisher, the Global Electrical Enclosure market is estimated at $4.99 billion in 2015 and is expected to reach $8.29 billion by 2022 growing at a CAGR of 7.15% from 2015 to 2022. The Primary factors driving the electrical enclosure market are attractive industrial automation, home automation segments and industrial safety regulations. Huge investments in renewable energy projects by various governments and heavy demand for process automation in food & beverage sector are the opportunities involved for the market growth. The high price of enclosures and highly fragmented market are the major restraints for the market growth.
For more information about this report: http://www.reportsweb.com/electrical-enclosure-global-market-outlook-2016-2022 The smart home equipment penetration is expected to boost the demand for electrical enclosure market. Asia Pacific electrical enclosure market is expected to register a significant CAGR during the forecast period. Stringent government regulations against emission, increasing automotive production, changing consumer preferences are some of the factors which are influencing the market growth in Asia Pacific region.
Some of the key players in the market include General Electric, Emerson Electric Company, Eaton Corporation, Rittal GmbH & Co. KG, ABB Ltd., Legrand, Siemens AG, Adalet Inc, Schneider Electric SE, Hubbell, Inc., Eldon Holding AB, AZZ, Inc. and Pentair PLC.
Materials Covered: - Metallic o Aluminum o Mild-Steel o Stainless Steel - Non-Metallic o Plastic/ Polyvinyl Chloride (PVC) o Polycarbonate o Polyester o Fiberglass
Form Factors Covered: - Small - Compact - Free-Size
Product Types Covered: - Flame/Explosion-Proof - Dust-Tight - Drip-Tight - Hazardous Environment - Other Product Type
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001583430/sample
End Users Covered: - Energy & Power - Food & Beverages - Commercial & Industrial - Transportation - Other End Users
Regions Covered: - North America o US o Canada o Mexico - Europe o Germany o France o Italy o UK o Spain o Rest of Europe - Asia Pacific o Japan o China o India o Australia o New Zealand o Rest of Asia Pacific - Rest of the World o Middle East o Brazil o Argentina o South Africa o Egypt
Company Profiling 11.1 General Electric 11.2 Emerson Electric Company 11.3 Eaton Corporation 11.4 Rittal GmbH & Co. KG 11.5 ABB Ltd. 11.6 Legrand 11.7 Siemens AG 11.8 Adalet Inc 11.9 Schneider Electric SE 11.10 Hubbell, Inc. 11.11 Eldon Holding AB 11.12 AZZ, Inc. 11.13 Pentair PLC
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Rajat Sahni
+1-646-491-9876
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Source: EmailWire.Com
Source: EmailWire.com
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