Report Highlights
The global electrical enclosures market should reach $7.3 billion by 2021 from $5.0 billion in 2016 at a compound annual growth rate (CAGR) of 7.9%, from 2016 to 2021.
Report Includes
- An overview of the global markets for electrical enclosures.
- Analyses of global market trends, with data from 2015, estimates for 2016, and projections of CAGRs through 2021.
- Coverage of the various rules and regulations used globally in manufacturing and installing different types of electrical enclosures.
- Current trends within the industry, major industry challenges and the regional dynamics of the global electrical enclosures market.
- Analysis of different types of electrical enclosure divided by: materials broken out by metrics such as means of production, market structure, location of installation, and application.
- Detailed analysis of market factors, specifically the market's drivers, constraints, and opportunities.
- A look at the supplier landscape with a focus on major companies through profiles.
Report Scope
The scope of this report is broad and covers different rules and regulations used globally in the manufacture and installation of different electrical enclosure types. The market is divided into electrical enclosure types by materials, means of production, market structure, location of installation, and by the application used in different industries and households. The market for electrical enclosures is also estimated by regional market by material type. Revenue forecasts from 2016 to 2021 are given for each estimate.
The report also includes a discussion of the major players in each regional electrical enclosures market. It explains the major market drivers of the global electrical enclosure industry, the current trends within the industry, major industry challenges and the regional dynamics of the global electrical enclosures market. The analysis concludes with a special focus on the supplier landscape. It includes detailed profiles of the major vendors in the global electrical enclosure industry. Estimated values used are based on manufacturers’ total revenues.
Analyst Credentials
Aneesh Kumar has been a project manager and partner with BizImpact Knowledge Services, LLP, a market research and services company primarily focused on opportunities in science and technology, since 2011. Kumar manages a team focused on global market research projects, primary interviews and market forecasting. He holds a BBA from the Institute of Chartered Financial Analysts of India and is a member of the Indo-German Chambers of Commerce.
Report Highlights
The global market for electrical enclosures was valued at $4.2 billion in 2013, and increased to $4.4 billion in 2014. The market should reach $5.7 billion in 2019, a compound annual growth rate (CAGR) of 5.3% from 2014 and 2019.
Report Includes
- An overview of the global markets for electrical enclosures.
- Analyses of global market trends, with data from 2013, estimates for 2014, and projections of CAGRs through 2019.
- Detailed analysis of market factors, specifically the market's drivers, constraints, and opportunities.
- A look at the technologies involved, their recent trends, and their near future.
Related Reports
Global Markets for Transformers
The global transformers market should reach $81.6 billion by 2027 from $49.3 billion in 2022 at a compound annual growth rate (CAGR) of 10.6% for the forecast period of 2022 to 2027.
Renewable Energy: Technologies and Global Markets
The global renewable energy market should reach $1,500 billion by 2027 from $932.3 billion in 2022 at a compound annual growth rate (CAGR) of 10.0% for the forecast period of 2022 to 2027.
Global Markets for New Components and Materials in Advanced Electric Motors
The global market for advanced materials and components in electric motors was valued at $33.4 billion in 2015. This market is expected to increase from $33.8 billion in 2016 to $46 billion in 2021 at a compound annual growth rate (CAGR) of 6.4% for 2016-2021.
High-Speed Rail Technologies and Global Markets
The global market for high-speed rail totaled $102.3 billion in 2013 and $112.0 billion in 2014. This market is expected to reach $133.4 billion by 2019, registering a compound annual growth (CAGR) of 3.6% over the next five years.
Recent Reports
Protective Relays and Circuit Breakers: Global Markets
The global market for protective relays and circuit breakers was valued at $16.9 billion in 2023. This market is expected to grow from $17.2 billion in 2024 to $26.8 billion by 2029, at a compound annual growth rate (CAGR) of 9.2% from 2024 through 2029.
Brain-Computer Interface: Global Markets
The global market for brain computer interface (BCI) was valued at $2.1 billion in 2023. The market is expected to grow from $2.3 billion in 2024 to $4.5 billion by 2029, at a compound annual growth rate (CAGR) of 14.2% from 2024 through 2029.
Educational Equipment and Software: Global Markets
The global market for educational equipment and software is expected to grow from $105.4 billion in 2024 and is projected to reach $187.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 12.2% during the forecast period of 2024 to 2029.
Global Commercial Drones Market
The report provides an overview of the global commercial drones market and a detailed analysis of the market players' products and strategies. Using 2023 as the base year, the report provides estimated market data for 2024 through 2029. Revenue forecasts for this period are segmented based on type, technology, weight, end-user, and geography.
Drone Technology and Global Markets
The global drone technology market was valued at $30.4 billion in 2023. The market is projected to grow from $33.9 billion in 2024 to $61.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 12.6% from 2024 through 2029.
Top Trending Reports
AI in Clinical and Molecular Diagnostics Market
The global market for AI in clinical and molecular diagnostics is expected to grow from $2.6 billion in 2024 and is projected to reach $8.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.6% during the forecast period of 2024 to 2029.
Point-of-Care Diagnostics: Technologies and Global Markets
The global market for point-of-care diagnostics was valued at $36.9 billion in 2023. It is expected to grow from $40.6 billion in 2024 to $65.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.2% from 2024 through 2029.
Medical Devices: Technologies and Global Markets
The global market for medical devices reached $739.6 billion in 2023. It is expected to grow from $810.4 billion in 2024 to $1.3 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
Global Artificial Intelligence (AI) Market: Investments vs Potential
The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.
CRISPR Technology: Global Markets
The global market for CRISPR technology was valued at $3.4 billion in 2023. This market is expected to grow from $3.8 billion in 2024 to $7.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More