Electric Enclosure Market expected to be worth 7.91 Billion USD by 2023

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MarketsandMarkets Presents Publishing
Date August 2015
Electric Enclosure Market  The market is
expected to grow from USD 6.15 Billion in 2018 to
USD 7.91 Billion by 2023, at a CAGR of 6.27.
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About our Report
                     

• Among mounting type, the underground type of
  electric enclosures is expected to grow at the
  highest CAGR during the forecast period. This
  will be owing to their low maintenance cost and
  increased adoption in power transmission segment
  in underground cabling of electricity lines.
• APAC is expected to hold the largest size of the
  electric enclosure market during the forecast
  period. Key factor driving the electric enclosure
  market in APAC is the growing demand for energy
  power from both residential and commercial
  sectors.

               
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Inside of Report

• Browse
• 68 market data tables.
• 41 figures spread through 156 pages.
• in-depth TOC on Electric Enclosure Market -
  Global Forecast to 2023.

                     
               

• Major electric enclosure manufacturers have a
  tight control on the pricing of the products,
  which is forcing other manufacturers to reduce
  the price of products to remain in competition.
  The electric enclosure industry will witness
  healthy product development programs and
  innovations in the coming years.
• APAC is expected to hold the largest size of the
  electric enclosure market during the forecast
  period. Key factor driving the electric enclosure
  market in APAC is the growing demand for energy
  power from both residential and commercial
  sectors.
• Rittal (Germany), Schneider (France), Pentair
  (UK), Emerson (US), Eaton (US), ABB
  (Switzerland), Hammond (Canada), and AZZ (US) are
  the major industry players in the electric
  enclosure market.

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Table of Content
                     
Table of Contents 1 Introduction (Page No. - 15)
1.1 Objectives of the Study 1.2
Definition 1.3 Study Scope 1.3.1
Markets Covered 1.3.2 Geographic
Scope 1.3.3 Years Considered for the
Study 1.4 Currency 1.5 Market
Stakeholders 1.6 Limitations . . . 13
Appendix (Page No. - 148)     13.1 Insights From
Industry Experts      13.2 Discussion Guide 
               
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Electric Enclosure
Download Free Sample Pages - https//www.markets
andmarkets.com/requestsample.asp?id6953934 Ritt
al (Germany), Schneider (France), Pentair (UK),
Emerson (US), Eaton (US), ABB (Switzerland),
Hammond (Canada), and AZZ (US) are the major
industry players in the electric enclosure
market.
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Summary
The electric enclosure market is expected to grow
from USD 6.15 Billion in 2018 to USD 7.91 Billion
by 2023, at a CAGR of 6.27. Key factors driving
the growth of the electric enclosure market are
the demand for Industrial Internet of things
(IIoT) enabled enclosures, the growing demand for
hygienic enclosures in food beverages industry,
and the adoption of intelligent transport systems
(ITS) in the transportation vertical. Key
industry players adopt organic and inorganic
growth strategies such as product launches and
developments, mergers and acquisitions,
expansions, agreements, collaborations, joint
ventures, and partnerships to drive the growth of
the market.
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