The global electric enclosure market is estimated to grow at a CAGR of 4.8% during the forecast period. Some pivotal factors encouraging market growth include the rising industrialization across the globe and increasing adoption in the renewable energy sector. With the decline in costs associated with renewable energy, the alternative energy industry is witnessing rapid growth. Business owners and consumers are shifting towards renewable energy sources in the form of wind, solar, hydropower, and other renewable sources. With the rising importance of alternative energy, it is required that design engineers offer safe and reliable protection for the advanced electrical components that are utilized to operate solar panels and wind turbines.
Get Free Sample link @ https://www.omrglobal.com/request-sample/electric-enclosure-market
Plastic enclosures are corrosion-resistant, lightweight, durable, affordable, and easily modified to fulfill the particular design requirements for solar power applications. A waterproof and weatherproof enclosure is ideally suited for solar power applications, as it offers required protection against UV radiation protection, rain, sleet, and snow. Further, NEMA 6P-rated enclosures can be submerged in water and are water-resistant, which makes them an ideal choice for hydropower facilities. NEMA 6P-rated enclosure is watertight which makes it appropriate for the protection of valuable electrical equipment and maintains operations running at peak efficiency.
full report of Electric Enclosure Market available @ https://www.omrglobal.com/industry-reports/electric-enclosure-market
- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Electric Enclosure Market-Segmentation
By Material
- Metallic
- Non-Metallic
By Vertical
- Energy and Utilities
- Industrial (Automotive and Manufacturing)
- IT and Telecommunication
- Process Industries
- Others
Global Electric Enclosure Market– Segment by Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East and Africa
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global electric enclosure market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/electric-enclosure-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
