Report Code: CMI20071

Category: Semiconductors & Electronics

Report Snapshot

CAGR: 5.5%
44.04B
2021
47.10B
2022
67.4B
2030

Source: CMI

Study Period: 2025-2034
Fastest Growing Market: Asia-Pacific
Largest Market: Europe

Major Players

  • Schneider Electric SE
  • Hubbell Inc.
  • Legrand SA
  • Emerson Electric Co.
  • Others

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Reports Description

Surging investments in renewable energy are propelling the growth of the market.

According to Custom Market Insights (CMI), The Global Electrical Enclosures Market size was estimated at USD 44.04 Billion in 2021 and is expected to reach USD 47.10 billion in 2022 and is expected to hit around USD 67.4 Billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 5.5% from 2022 to 2030. 

Our recently published report Electrical Enclosures Market offers a comprehensive and deep evaluation of the market’s stature. Also, the market report estimates the market size, revenue, price, market share, market forecast, growth rate, and competitive analysis.

Electrical Enclosures Market: Overview

An electrical enclosure contains numerous devices, including power generators, transformers, telecommunication equipment, and other parts like mount switches, knobs, and monitors for displays. In addition to protecting the space from inadvertent harm caused by users, they also enhance its aesthetic appeal. Depending on their usage and the user’s inclination, the enclosures can be metallic or non-metallic. Electrical enclosures have tight seals that keep moisture and water out. They also safeguard against electrical failure, power loss, and electromagnetic interference. They have several uses in places with threats from flammable gases, combustible dust, or volatile vapours or particles. 

Electrical Enclosures Market: COVID–19 Impact Analysis

Energy and power, medical, industrial, and other significant processes and industries have all suffered dramatically due to the COVID-19 pandemic outbreak. Due to the virus’s quick spread, governments worldwide have imposed rigorous restrictions on how much people and vehicles can move.

Additionally, the market for electrical enclosures has been significantly impacted by the decline in the power generating and distribution industry, which is primarily due to decreased demand, financial strain, and disruptions in the power supply chain. Due to restricted production activities and reduced demand from end-use industries, the electric enclosure market’s overall revenue is confined, which will cause market growth to slow down over the coming years.

Electrical Enclosures Market: Growth Drivers

Rising investments in renewable energy infrastructure 

Governments worldwide are urged by growing environmental concerns about nuclear power and fossil fuels to redirect their attention to alternative energy sources like wind and solar power. They emphasize building green energy infrastructures to use renewable resources.

For instance, as part of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan, the Indian government announced the allocation of US$ 4.59 billion for the construction of green energy infrastructures to boost the renewable energy capacity to 25,750 MW by 2022.

The installation of solar panels and wind turbines has considerably increased the need for electrical security measures like electrical enclosures to stop electricity theft and protect the electrical circuits from the factors like dust, rain, and other things. Consequently, it is projected that a plethora of such breakthroughs would generate profitable growth prospects in the market. 

Implementation of Industrial IoT

Demand for industrial IoT, rising demand for sanitary enclosures in the food and beverage industry, and implementation of the intelligent transport system in the transportation industry are key factors boosting the market growth. As a result, the market grows, so the renewable energy sector is a crucial factor driving market expansion, but it also increases because the critical industry players implement growth strategies, including product launches, development, mergers, and acquisition. For instance, the market share of TAKACHI, a leading producer of electrical enclosures and related products in Japan, increased by 9.66% due to the shift to electronic enclosures.

Global Electrical Enclosures Market 2023–2032 (By Material)

www.custommarketinsight.com

Electrical Enclosures Market: Segmentation Analysis

The Electrical Enclosures market is segmented into material and end-users. Based on end-users, the energy & power segment is estimated to hold the dominant market share throughout 2025-2034. Alternative energy sources, including solar and wind, are becoming more popular due to environmental problems with fossil fuels and nuclear power. Renewable energy sources such as solar and wind are considered clean and safe. As a result, nations are embracing this technology all around the world.

The electrical and battery systems used to produce electricity from solar and wind energy are delicate and malfunction when exposed to the elements. Therefore, electrical enclosures are heavily utilized in the energy generation industry for safety reasons.

Electrical enclosures provide seismic protection, EMC shielding, security, electronics cooling, corrosion resistance, integration of power conversion, and multi-component system requirements for wind and solar energy equipment.

Government regulations are encouraging the development of renewable energy sources, which is, in turn, driving up demand for electrical enclosures. Electrical enclosures safeguard the electrical and electronic components and systems of wind, solar, and electrical power plants.

Report Scope

Feature of the Report Details
Market Size in 2021 USD 44.04 Billion
Projected Market Size in 2030 USD 67.4 Billion
Market Size in 2022 USD 47.10 Billion
CAGR Growth Rate 5.5% CAGR (2025-2034)
Base Year 2023
Forecast Period 2025-2034
Prominent Players 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., and Others
Key Segment By Material, End-users, and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Key Insights: 

  • As per the analysis shared by our research analyst, the Electrical Enclosures Market is estimated to grow annually at a CAGR of around 5.5% over the forecast period (2025-2034).
  • In terms of revenue, the Electrical Enclosures market size was valued at around USD 44.04 billion in 2021 and is projected to reach USD 67.4 billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
  • Based on material segmentation, the non-metallic segment is projected to hold the dominant market share in 2021.
  • Based on end-users segmentation, the energy & power segment is estimated to hold the dominant market share in 2021.
  • Based on geography/region, the North American area was the leading revenue generator in 2021.

Recent Development

  • October 2022: The previously reported transaction between AZZ Inc. and Fernweh Group LLC, in which AZZ contributed its AZZ Infrastructure Solutions Segment1 (“AIS”) to AIS Investment Holdings LLC (the “AIS JV”) and sold a 60% interest in the AIS JV to Fernweh at an implied enterprise value of $300 million, has now been completed, according to AZZ Inc. and Fernweh Group LLC. Due to typical purchase price modifications, AZZ expects to receive about $228 million in cash, of which $210 million will be used to pay off its Term Loan B and the remaining balance on its Revolving Credit Facility.
  • July 2022: The maker of AttaBox polycarbonate industrial enclosures and Stahlin fiberglass electrical enclosures, Robroy Enclosures (Belding, Michigan, USA), has purchased a new, specially made 1,000-ton hydraulic press with an extra-large platen.

Global Electrical Enclosures Market 2023–2032 (By Billion)

www.custommarketinsight.com

Regional Landscape

The Asia Pacific region is expected to notice a tremendous CAGR from 2022 to 2030. The expansion of power generating and distribution infrastructure, notably in the fast-growing economies of China and India, is fueling growth throughout the Asia-Pacific region. Growth in North American and European developed economies is projected to be primarily powered by the construction of renewable energy power plants, particularly wind and solar energy. Strong industrial automation growth and the growing popularity of smart homes in the US bode well for the electrical enclosures industry. In addition, the increasing requirement for upgrading the current power transmission and distribution infrastructure will increase the market for electrical enclosures in Europe.

Competitive Landscape

The key businesses use various growth strategies, including product launches, acquisitions, and joint ventures, helping the electric enclosure market grow internationally.

September 2021: Additional wall-mount enclosures, as well as accessories in its nVent HOFFMAN Global IEC portfolio in North America, were announced by nVent Electric plc, a rapidly expanding firm in electrical connection and protection solutions. 

Prominent Players:

  • 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.

The global Electrical Enclosures market is segmented as follows:

By Material

  • Metallic
  • Non-Metallic

By End-users

  • Energy & Power
  • Industrial
  • Process Industries
  • Others

On the basis of Geography

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research Methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research Methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Electrical Enclosures Market, (2025 – 2034) (USD Billion)
    • 2.2 Global Electrical Enclosures Market : snapshot
  • Chapter 3. Global Electrical Enclosures Market – Industry Analysis
    • 3.1 Electrical Enclosures Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Rising investments in renewable energy infrastructure
      • 3.2.2 Implementation of Industrial IoT
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Material
      • 3.7.2 Market attractiveness analysis By End-users
  • Chapter 4. Global Electrical Enclosures Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Electrical Enclosures Market: company market share, 2025
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Electrical Enclosures Market – Material Analysis
    • 5.1 Global Electrical Enclosures Market overview: By Material
      • 5.1.1 Global Electrical Enclosures Market share, By Material, 2025 and 2034
    • 5.2 Metallic
      • 5.2.1 Global Electrical Enclosures Market by Metallic, 2022 – 2030 (USD Billion)
    • 5.3 Non-metallic
      • 5.3.1 Global Electrical Enclosures Market by Non-metallic, 2022 – 2030 (USD Billion)
  • Chapter 6. Global Electrical Enclosures Market – End-users Analysis
    • 6.1 Global Electrical Enclosures Market overview: By End-users
      • 6.1.1 Global Electrical Enclosures Market share, By End-users, 2025 and 2034
    • 6.2 Energy & Power
      • 6.2.1 Global Electrical Enclosures Market by Energy & Power, 2022 – 2030 (USD Billion)
    • 6.3 Industrial
      • 6.3.1 Global Electrical Enclosures Market by Industrial, 2022 – 2030 (USD Billion)
    • 6.4 Process Industries
      • 6.4.1 Global Electrical Enclosures Market by Process Industries, 2022 – 2030 (USD Billion)
    • 6.5 Others
      • 6.5.1 Global Electrical Enclosures Market by Others, 2022 – 2030 (USD Billion)
  • Chapter 7. Electrical Enclosures Market Regional Analysis
    • 7.1 Global Electrical Enclosures Market Regional Overview
    • 7.2 Global Electrical Enclosures Market Share, by Region, 2025 & 2030 (USD Billion)
    • 7.3. North America
      • 7.3.1 North America Electrical Enclosures Market, 2022 – 2030 (USD Billion)
        • 7.3.1.1 North America Electrical Enclosures Market, by Country, 2022 – 2030 (USD Billion)
    • 7.4 North America Electrical Enclosures Market, by Material, 2022 – 2030
      • 7.4.1 North America Electrical Enclosures Market, by Material, 2022 – 2030 (USD Billion)
    • 7.5 North America Electrical Enclosures Market, by End-users, 2022 – 2030
      • 7.5.1 North America Electrical Enclosures Market, by End-users, 2022 – 2030 (USD Billion)
    • 7.6. Europe
      • 7.6.1 Europe Electrical Enclosures Market, 2022 – 2030 (USD Billion)
        • 7.6.1.1 Europe Electrical Enclosures Market, by Country, 2022 – 2030 (USD Billion)
    • 7.7 Europe Electrical Enclosures Market, by Material, 2022 – 2030
      • 7.7.1 Europe Electrical Enclosures Market, by Material, 2022 – 2030 (USD Billion)
    • 7.8 Europe Electrical Enclosures Market, by End-users, 2022 – 2030
      • 7.8.1 Europe Electrical Enclosures Market, by End-users, 2022 – 2030 (USD Billion)
    • 7.9. Asia Pacific
      • 7.9.1 Asia Pacific Electrical Enclosures Market, 2022 – 2030 (USD Billion)
        • 7.9.1.1 Asia Pacific Electrical Enclosures Market, by Country, 2022 – 2030 (USD Billion)
    • 7.10 Asia Pacific Electrical Enclosures Market, by Material, 2022 – 2030
      • 7.10.1 Asia Pacific Electrical Enclosures Market, by Material, 2022 – 2030 (USD Billion)
    • 7.11 Asia Pacific Electrical Enclosures Market, by End-users, 2022 – 2030
      • 7.11.1 Asia Pacific Electrical Enclosures Market, by End-users, 2022 – 2030 (USD Billion)
    • 7.12. Latin America
      • 7.12.1 Latin America Electrical Enclosures Market, 2022 – 2030 (USD Billion)
        • 7.12.1.1 Latin America Electrical Enclosures Market, by Country, 2022 – 2030 (USD Billion)
    • 7.13 Latin America Electrical Enclosures Market, by Material, 2022 – 2030
      • 7.13.1 Latin America Electrical Enclosures Market, by Material, 2022 – 2030 (USD Billion)
    • 7.14 Latin America Electrical Enclosures Market, by End-users, 2022 – 2030
      • 7.14.1 Latin America Electrical Enclosures Market, by End-users, 2022 – 2030 (USD Billion)
    • 7.15. The Middle-East and Africa
      • 7.15.1 The Middle-East and Africa Electrical Enclosures Market, 2022 – 2030 (USD Billion)
        • 7.15.1.1 The Middle-East and Africa Electrical Enclosures Market, by Country, 2022 – 2030 (USD Billion)
    • 7.16 The Middle-East and Africa Electrical Enclosures Market, by Material, 2022 – 2030
      • 7.16.1 The Middle-East and Africa Electrical Enclosures Market, by Material, 2022 – 2030 (USD Billion)
    • 7.17 The Middle-East and Africa Electrical Enclosures Market, by End-users, 2022 – 2030
      • 7.17.1 The Middle-East and Africa Electrical Enclosures Market, by End-users, 2022 – 2030 (USD Billion)
  • Chapter 8. Company Profiles
    • 8.1 Schneider Electric SE
      • 8.1.1 Overview
      • 8.1.2 Financials
      • 8.1.3 Product Portfolio
      • 8.1.4 Business Strategy
      • 8.1.5 Recent Developments
    • 8.2 Hubbell Inc.
      • 8.2.1 Overview
      • 8.2.2 Financials
      • 8.2.3 Product Portfolio
      • 8.2.4 Business Strategy
      • 8.2.5 Recent Developments
    • 8.3 Legrand SA
      • 8.3.1 Overview
      • 8.3.2 Financials
      • 8.3.3 Product Portfolio
      • 8.3.4 Business Strategy
      • 8.3.5 Recent Developments
    • 8.4 Emerson Electric Co.
      • 8.4.1 Overview
      • 8.4.2 Financials
      • 8.4.3 Product Portfolio
      • 8.4.4 Business Strategy
      • 8.4.5 Recent Developments
    • 8.5 ABB Ltd
      • 8.5.1 Overview
      • 8.5.2 Financials
      • 8.5.3 Product Portfolio
      • 8.5.4 Business Strategy
      • 8.5.5 Recent Developments
    • 8.6 Eldon Holding AB
      • 8.6.1 Overview
      • 8.6.2 Financials
      • 8.6.3 Product Portfolio
      • 8.6.4 Business Strategy
      • 8.6.5 Recent Developments
    • 8.7 Eaton Corporation
      • 8.7.1 Overview
      • 8.7.2 Financials
      • 8.7.3 Product Portfolio
      • 8.7.4 Business Strategy
      • 8.7.5 Recent Developments
    • 8.8 AZZ Inc.
      • 8.8.1 Overview
      • 8.8.2 Financials
      • 8.8.3 Product Portfolio
      • 8.8.4 Business Strategy
      • 8.8.5 Recent Developments
    • 8.9 Pentair PLC
      • 8.9.1 Overview
      • 8.9.2 Financials
      • 8.9.3 Product Portfolio
      • 8.9.4 Business Strategy
      • 8.9.5 Recent Developments
    • 8.10 Adalet
      • 8.10.1 Overview
      • 8.10.2 Financials
      • 8.10.3 Product Portfolio
      • 8.10.4 Business Strategy
      • 8.10.5 Recent Developments
    • 8.11 Austin Electrical Enclosures
      • 8.11.1 Overview
      • 8.11.2 Financials
      • 8.11.3 Product Portfolio
      • 8.11.4 Business Strategy
      • 8.11.5 Recent Developments
    • 8.12 Siemens AG
      • 8.12.1 Overview
      • 8.12.2 Financials
      • 8.12.3 Product Portfolio
      • 8.12.4 Business Strategy
      • 8.12.5 Recent Developments
    • 8.13 Rittal GmbH & Co. Kg.
      • 8.13.1 Overview
      • 8.13.2 Financials
      • 8.13.3 Product Portfolio
      • 8.13.4 Business Strategy
      • 8.13.5 Recent Developments
List Of Figures

Figures No 1 to 20

List Of Tables

Tables No 1 to 52

Prominent Players:

  • 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.
  • Others

FAQs

“North American” region will lead the global Electrical Enclosures market during the forecast period 2022 to 2030.

The key factors driving the market are rising investments in renewable energy infrastructure and implementation of Industrial IoT.

The key players operating in the Electrical Enclosures market are 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.

The global Electrical Enclosures market is expanding growth with a CAGR of approximately 10% during the forecast period (2022 to 2030).

The global Electrical Enclosures market size was valued at USD 6 Billion in 2021 and it is projected to reach around USD 12 Billion by 2030.

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