UK electric enclosure market is estimated to grow at a CAGR of 4.7% during the forecast period. The growing food and beverage industry is regarded as one of the key contributors to the adoption of electric enclosures. In the UK, the food and drink manufacturing sector are the largest in the country. It represents 17% of all UK manufacturing gross value added (GVA) nearly ($37.5 billion) in terms of economic contribution. It includes more than 6,800 businesses and employs nearly 400,000 people. Enclosures for electrical and switchgear equipment are essential across the production and engineering sectors linked with food and beverage manufacturing firms. Owing to the design characteristics, these enclosures are commonly referred to as ‘Hygienic Design’ (HD) enclosures. HD products offer a solution to plant operators and mechanical engineers that eliminates the hazards of high-pressure applications.
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The market is segmented based on material and vertical. Based on material, the market is classified into metallic and non-metallic. Non-metallic enclosures are considered as a suitable choice over metal enclosures for applications in renewable energy, as it offers superior chemical and corrosion resistance rather than metallics, including galvanized steel, aluminum and painted. The maintenance of enclosure is virtually eliminated with the use of non-metallics. As per the UK Government, renewables’ share of electricity generation (hydro, solar, wind, and other renewables) rose to a record 47.0% in the first quarter of 2020, rather than 35.9% in the first quarter of 2019, primarily due to higher wind speeds and increased capacity in February 2020. Solar and wind combined represent a record high of 32.2% of electricity generation in the first quarter of 2020. The growing share of renewable energy in the EU is therefore accelerating the adoption of electrical enclosures in the region. Based on vertical, the market is classified into energy and utilities, industrial, it and telecommunication, process industries, and others.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
UK Electric Enclosure Market-Segmentation
By Material
- Metallic
- Non-Metallic
By Vertical
- Energy and Utilities
- Industrial (Automotive and Manufacturing)
- IT and Telecommunication
- Process Industries
- Others
The Report Covers
- Comprehensive research methodology of the UK electric enclosure market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the UK electric enclosure market.
- Insights about market determinants which are stimulating the UK electric enclosure market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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