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Home>Global Electrical Enclosure Market to 2025 - Research and Markets

Global Electrical Enclosure Market to 2025 - Research and Markets

Global Electrical Enclosure Market to 2025 - Research and Markets

09/29/2017

Global Electrical Enclosure Market to 2025 - Research and Markets

The "Global Electrical Enclosure Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 - 2025" report has been added to Research and Markets' offering.

The global electrical enclosure market is expected to witness a steady growth, expanding at a CAGR of 5.9% from 2017 - 2025.

The global market for electrical enclosures is moderately matured and is poised to witness steady growth during the forecast period 2016 - 2023.

The nature of the electrical enclosures market varies from region to region. The market in developed economies including Europe and North America is well structured and highly consolidated. On the contrary, the market for electrical enclosures in Asia Pacific and Latin American countries is relatively unorganized comprising large number of regional electrical enclosure and cable management manufacturers. The fragmented nature of the market in these regions requires manufacturers to ensure product enhancements and new product launches at regular intervals to remain competitive in the market.

Key Trends:

  • Stringent government regulations promoting worker safety at workplace
  • Rapid industrialization and growing trend towards process automation
  • Growing demand from food and beverage and energy and power sectors
  • Demand for customized solutions
  • Price competition, especially in Asia Pacific and RoW markets.

Key Topics Covered:

1. Preface

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