According to Custom Market Insights (CMI), the Global  was valued at approximately USD 44.04 billion in 2021. It is projected to reach a valuation of nearly USD 67.4 billion by the year 2030, growing at a steady compound annual growth rate (CAGR) of 5.5% during the forecast period from 2022 to 2030.

The newly released report titled “Electrical Enclosures Market” delivers an in-depth assessment of the market’s current landscape. This includes critical metrics such as market size, revenue figures, pricing trends, market share distribution, growth projections, and a detailed competitive analysis.

Market Overview

Electrical enclosures are protective cabinets designed to house various electrical and electronic components. These enclosures are used to safely mount controls such as switches, displays, and knobs while providing protection to both the internal components and external users. They help prevent accidental electric shocks and shield sensitive components from environmental factors such as dust, moisture, and impact.

Typically, these enclosures are integrated within the layers of walls, which conceals wiring and contributes to a clean and organized interior design. Their use spans across several applications, including electric transmission and distribution networks, the energy and power sectors, transportation systems, industrial complexes, commercial infrastructure, and residential buildings. Their deployment is crucial in enhancing the efficiency and safety of operations across these domains.

Browse the complete report: Electrical Enclosures Market Size, Trends, and Insights By Material (Metallic, Non-metallic), By End-users (Energy & Power, Industrial, Process Industries, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecasts at:
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Key Growth Drivers

Electrical enclosures are equipped with vital attributes such as resistance to electromagnetic interference, prevention of electrical breakdowns, and efficient power dissipation. The rising global electricity demand has prompted significant investments in power generation capacity, which in turn is fueling the demand for electrical enclosures.

One of the prominent trends influencing this market is the increasing reliance on renewable energy sources, including solar and wind power. These renewable installations often incorporate delicate electrical equipment and battery systems that require protective enclosures to ensure system stability and prevent operational failures. As a result, the demand for high-quality electrical enclosures is rising in tandem with renewable energy deployments.

Furthermore, the food and beverage sector is placing increased emphasis on sanitary conditions, which is accelerating the demand for hygienic-grade enclosures. Additional drivers of growth include the strong uptake of enclosures in the oil and gas industry, mining operations, and the broader energy sector. The integration of Industrial Internet of Things (IIoT) technologies is also bolstering demand for smart enclosures. Likewise, the expansion of intelligent transportation systems continues to propel the market forward.

Segmental Analysis

The global electrical enclosures market is categorized based on material type and end-user industry.

• By Material Type:
  In 2021, the non-metallic segment held a dominant share of the market. This segment is gaining popularity primarily because of the increased adoption of plastic electrical enclosure boxes. The growing preference for non-metallic solutions stems from their advantageous features, such as high durability, cost-effectiveness, non-conductivity, and resistance to environmental elements like dust, water, and heat. These attributes make them ideal for use in renewable energy facilities and other sensitive applications.

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Regional Insights

North America is expected to maintain a leading position in the global electrical enclosures market. The region’s dominance is supported by its early adoption of industrial automation and smart home technologies, which significantly increase the demand for electrical enclosures. The United States, in particular, plays a critical role due to its established infrastructure and regulatory frameworks that favor energy efficiency and safety.

According to data from the U.S. Energy Information Administration (EIA), fossil fuels accounted for about 63% of the nation’s electricity generation, marking a 2% decline from 65% in 2018. Nuclear energy contributes about 20%, while renewable sources represent around 17% of the energy mix. Additionally, small-scale solar photovoltaic (PV) systems in the U.S. produced an extra 30 billion kilowatt-hours of electricity in 2018, reflecting the rising importance of decentralized energy solutions. These energy trends are key factors in driving the demand for advanced electrical enclosures in the region.

Competitive Landscape

The global electrical enclosures market is moderately fragmented, featuring a mix of large multinational corporations and regional players. As the world transitions to Industry 4.0, the rise in energy usage and infrastructure automation is expected to open up significant opportunities for both existing and new entrants.

There is intense competition among established firms, and innovation remains a critical strategy for gaining a competitive edge. Leading players are continually investing in new technologies and materials to improve the safety, efficiency, and functionality of their enclosures.

Key Market Participants

Some of the prominent players operating in the global electrical enclosures market include:

• Schneider Electric SE

• Hubbell Inc.

• Legrand SA

• Emerson Electric Co.

• ABB Ltd

• Eldon Holding AB

• Eaton Corporation

• AZZ Inc.

• Pentair PLC

• Adalet

• Austin Electrical Enclosures

• Siemens AG

• Rittal GmbH & Co. KG

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