Global Electrical Enclosures Market for the Power Industry to grow at a CAGR of 6.25% during the period 2016 - 2020; Finds New Report

Report forecast the global electrical enclosures market for the power industry to grow at a CAGR of 6.25% during the period 2016-2020.

An electric enclosure is a cabinet, which houses electrical or electronic equipment. Electrical enclosures are used to protect equipment such as power generators, transmitters, power distributors, and other electrical equipment. They are two types that include metallic and non-metallic enclosures. Power generators, transmitters, and power distributors use enclosures as a cabinet to mount switches, displays, and knobs. Enclosures help protect equipment users from electric shocks and protect the equipment from various environmental conditions.

The report covers the present scenario and the growth prospects of the global electrical enclosures market for the power industry for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of electrical enclosures.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

According to the report, with the growing investments in the renewable sector, it is predicted that renewable energy will represent the single largest source of electricity growth during the forecast period. This is attributed to falling costs and aggressive expansion in emerging economies. The cost of electricity generation through renewables has declined significantly in various parts of the world due to sustained progress in technology, enhanced financing conditions, and an increase the deployment to newer markets with better resources.

Further, the report states that the electrical enclosures are used for outdoor housing of electrical equipment and switches. Human interactions, weather variables, and installation constraints are the three main challenges faced in the outdoors. Therefore, electrical enclosures are expected to have appropriate structural rigidity and meet design requirements from an aesthetic perspective. A lot of research is conducted to decide on which alloy best suits the application of enclosures.

Global Electrical Enclosures Market for the Power Industry 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global electrical enclosures market for the power industry: ABB, Eaton, Emerson Electric, Pentair, and Schneider Electric

Other Prominent Vendors in the market are: Rittal, Siemens, Legrand, Eldon, AZZ, Hammond manufacturing, Takachi Electronics, Hensel, Wiegmann, BCH Electric, GE, Vynckier, Bud Industries, , Adalet, Schaefer’s, OMP Mechtron, Omega, Rolec, Elsta Mosdorfer, Schrack Technik, Haewa Corporation, Imensa Industrial Automation, Jean Müller, Orlite's cabinets, Altronix Corporation, Bulloch Fabricating Inc, Great Lakes Case & Cabinet, Socomec, R. STAHL, GSAB, Hubbell , Marechal Electric, Meggitt, Sobem-Scame, Tec automatismes, Indelec, ELEKTRA tailfingen Schaltgeräte, Tibox, Boxco, Zhejiang Qixing Electric Technology, DSE HIBOX, Zanardo, and Palazzoli

Market driver

• Growth in renewables to influence growth in power market
• For a full, detailed list, view our report

Market challenge

• External environmental threats
• For a full, detailed list, view our report

Market trend

• Addition and refurbishment of T&D lines
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 60 pages and 38 Exhibits “Global Electrical Enclosures Market for Power Industry 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by application, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://mrr.cm/3BR

Find all Electrical Products Reports at: http://www.marketresearchreports.com/electrical-products