Industrial enclosures market to grow at a CAGR of 5.16% from 2022 to 2027, Increasing use of electrical and electronic equipment in manufacturing processes to drive growth – Technavio

NEW YORK, March 21, 2023 /PRNewswire/ — The industrial enclosures market size is estimated to increase by USD 2,237.84 million from 2022 to 2027, with a CAGR of 5.16%, according to a recent market study by Technavio. The increase in the use of electrical and electronic equipment in manufacturing processes is driving the growth of the market. Industrial electrical enclosures can house electronic components and instruments such as VFDs, low harmonic drives, vacuum contactors, and motor control centers. These enclosures protect electronic devices from dust, moisture, contaminants, and particulate matter. They also provide the systematic organization of components. In addition, safety devices such as variable frequency drives (VFDs), vacuum contactors, motor control centers (MCCs), and motor controllers can reduce power consumption and lower the total cost of ownership. Industrial electrical enclosures protect electronic devices from dust, moisture, contaminants, and particulate matter in indoor and outdoor environments. They also integrate components such as harmonic filters, insulated-gate bipolar transistors (IGBTs), circuit breakers, PLCs, AC reactors, safety relays, regenerative converters, and wiring into one chamber. These factors will drive the demand for industrial enclosures during the forecast period. Discover some insights on the market before buying the full report – Request a sample report

Chart & data table on 5-year historic (2017-2021) market size, comparative analysis of segments, and Y-O-Y growth of industrial enclosures market

• The market is segmented by end-user (process and discrete) and type (metallic and non-metallic).
• Based on end-user, the process segment will account for a significant share of the market’s growth during the forecast period.
• Process industries include power generation, oil and gas, chemical and petrochemicals, food and beverages, and pharmaceuticals, among others. 
• Most industrial processes require machinery such as heating, ventilation, air conditioning (HVAC), compressors, motors, conveyors, pumps, and others.
• Damage from dust and moisture can harm the entire production and operational processes.
• This impacts performance and also increases the overall cost of ownership.
• Industrial enclosures ensure that processes are uninterrupted, with the help of their high strength and protection.
• Such factors will drive segment growth during the forecast period.

Chart & data table on historical market size (2017-2021), historic industry size, and  analysis of vendors and countries

The market is segmented by region APAC, North America, Europe, Middle East and Africa, and South America. An analysis of key leading countries has been included.

• APAC is estimated to account for 34% of the growth of the global market during the forecast period. APAC has vast amounts of energy resources to drive industrial growth and support the growing population. Rising oil consumption and increasing crude oil import prices have led to initiatives to support investments in the domestic oil and gas sector. The governments of various countries in APAC are increasing investments in the oil and gas exploration sector to boost the domestic production of natural gas and oil. Therefore, the rising investments are likely to increase the demand for industrial enclosures during the forecast period. 
• The industrial enclosures market in APAC faced certain challenges due to the outbreak of COVID-19 in 2020. However, in 2021, large-scale vaccination drives led to the reopening of end-user industries, which fueled the demand for industrial enclosures. The market experienced recovery and growth in 2022, which is expected to continue during the forecast period.

For Insights on the market dynamics and segmentations, View a PDF sample!

The industrial enclosures market report also offers information on the criticality of inputs, R&D, CAPEX, technology, and products of vendors listed below –

• AZZ Inc.
• BCH Electric Ltd.
• Berkshire Hathaway Inc.
• Chatsworth Products Inc.
• Eaton Corp. Plc
• Emerson Electric Co.
• Friedhelm Loh Stiftung and Co. KG
• HTE Technologies
• Hubbell Inc.
• IMS Companies LLC
• Industrial Enclosure Corp.
• KDM Steel
• Legrand SA
• nVent Electric Plc
• Phoenix Contact GmbH and Co. KG
• ROLEC Gehause Systeme GmbH
• Rose Systemtechnik GmbH
• Schneider Electric SE
• TAKACHI ELECTRONICS ENCLOSURE Co. Ltd.
• ABB Ltd.
• Sanmina Corp.

For more details on vendors – download a sample

What are the key data covered in this industrial enclosures market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the industrial enclosures market between 2023 and 2027
• Precise estimation of the size of the industrial enclosures market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the industrial enclosures market industry across APAC, North America, Europe, Middle East and Africa, and South America
• A thorough analysis of the market’s competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of industrial enclosures market vendors

What’s New?

• Special coverage on the Russia–Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession 
• Global competitiveness and key competitor positions 
• Market presence across multiple geographical footprints – Strong/active/niche/trivial – Buy the report!

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Table of contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global industrial enclosures market 2017 – 2021 
• Exhibit 18: Historic Market Size – Data Table on Global industrial enclosures market 2017 – 2021 ($ million)

• 4.2 End user Segment Analysis 2017 – 2021 
• Exhibit 19: Historic Market Size – End user Segment 2017 – 2021 ($ million)

• 4.3 Type Segment Analysis 2017 – 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments
• Exhibit 30: Chart on End-user – Market share 2022-2027 (%)
• Exhibit 31: Data Table on End-user – Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 32: Chart on Comparison by End-user
• Exhibit 33: Data Table on Comparison by End-user

• 6.3 Process – Market size and forecast 2022-2027 
• Exhibit 34: Chart on Process – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Process – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Process – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Process – Year-over-year growth 2022-2027 (%)

• 6.4 Discrete – Market size and forecast 2022-2027 
• Exhibit 38: Chart on Discrete – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Discrete – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Discrete – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Discrete – Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by End-user 
• Exhibit 42: Market opportunity by End-user ($ million)
• Exhibit 43: Data Table on Market opportunity by End-user ($ million)

7 Market Segmentation by Type

• 7.1 Market segments
• Exhibit 44: Chart on Type – Market share 2022-2027 (%)
• Exhibit 45: Data Table on Type – Market share 2022-2027 (%)

• 7.2 Comparison by Type
• Exhibit 46: Chart on Comparison by Type
• Exhibit 47: Data Table on Comparison by Type

• 7.3 Metallic – Market size and forecast 2022-2027 
• Exhibit 48: Chart on Metallic – Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Data Table on Metallic – Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Chart on Metallic – Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Metallic – Year-over-year growth 2022-2027 (%)

• 7.4 Non-metallic – Market size and forecast 2022-2027 
• Exhibit 52: Chart on Non-metallic – Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Non-metallic – Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Non-metallic – Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Non-metallic – Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Type 
• Exhibit 56: Market opportunity by Type ($ million)
• Exhibit 57: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 59: Chart on Market share by geography 2022-2027 (%)
• Exhibit 60: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 61: Chart on Geographic comparison
• Exhibit 62: Data Table on Geographic comparison

• 9.3 APAC – Market size and forecast 2022-2027 
• Exhibit 63: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.4 North America – Market size and forecast 2022-2027 
• Exhibit 67: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.5 Europe – Market size and forecast 2022-2027 
• Exhibit 71: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 75: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.7 South America – Market size and forecast 2022-2027 
• Exhibit 79: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.8 US – Market size and forecast 2022-2027 
• Exhibit 83: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.9 China – Market size and forecast 2022-2027 
• Exhibit 87: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.10 Japan – Market size and forecast 2022-2027 
• Exhibit 91: Chart on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on Japan – Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Japan – Year-over-year growth 2022-2027 (%)

• 9.11 UK – Market size and forecast 2022-2027 
• Exhibit 95: Chart on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.12 Germany – Market size and forecast 2022-2027 
• Exhibit 99: Chart on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 103: Market opportunity by geography ($ million)
• Exhibit 104: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 105: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 107: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 108: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 109: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 110: Matrix on vendor position and classification

• 12.3 ABB Ltd.
• Exhibit 111: ABB Ltd. – Overview
• Exhibit 112: ABB Ltd. – Business segments
• Exhibit 113: ABB Ltd. – Key offerings
• Exhibit 114: ABB Ltd. – Segment focus

• 12.4 AZZ Inc.
• Exhibit 115: AZZ Inc. – Overview
• Exhibit 116: AZZ Inc. – Business segments
• Exhibit 117: AZZ Inc. – Key offerings
• Exhibit 118: AZZ Inc. – Segment focus

• 12.5 BCH Electric Ltd.
• Exhibit 119: BCH Electric Ltd. – Overview
• Exhibit 120: BCH Electric Ltd. – Product / Service
• Exhibit 121: BCH Electric Ltd. – Key offerings

• 12.6 Berkshire Hathaway Inc. 
• Exhibit 122: Berkshire Hathaway Inc. – Overview
• Exhibit 123: Berkshire Hathaway Inc. – Business segments
• Exhibit 124: Berkshire Hathaway Inc. – Key news
• Exhibit 125: Berkshire Hathaway Inc. – Key offerings
• Exhibit 126: Berkshire Hathaway Inc. – Segment focus

• 12.7 Chatsworth Products Inc. 
• Exhibit 127: Chatsworth Products Inc. – Overview
• Exhibit 128: Chatsworth Products Inc. – Product / Service
• Exhibit 129: Chatsworth Products Inc. – Key offerings

• 12.8 Eaton Corp. Plc
• Exhibit 130: Eaton Corp. Plc – Overview
• Exhibit 131: Eaton Corp. Plc – Business segments
• Exhibit 132: Eaton Corp. Plc – Key news
• Exhibit 133: Eaton Corp. Plc – Key offerings
• Exhibit 134: Eaton Corp. Plc – Segment focus

• 12.9 Emerson Electric Co.
• Exhibit 135: Emerson Electric Co. – Overview
• Exhibit 136: Emerson Electric Co. – Business segments
• Exhibit 137: Emerson Electric Co. – Key news
• Exhibit 138: Emerson Electric Co. – Key offerings
• Exhibit 139: Emerson Electric Co. – Segment focus

• 12.10 Friedhelm Loh Stiftung and Co. KG 
• Exhibit 140: Friedhelm Loh Stiftung and Co. KG – Overview
• Exhibit 141: Friedhelm Loh Stiftung and Co. KG – Product / Service
• Exhibit 142: Friedhelm Loh Stiftung and Co. KG – Key offerings

• 12.11 HTE Technologies
• Exhibit 143: HTE Technologies – Overview
• Exhibit 144: HTE Technologies – Product / Service
• Exhibit 145: HTE Technologies – Key offerings

• 12.12 Hubbell Inc.
• Exhibit 146: Hubbell Inc. – Overview
• Exhibit 147: Hubbell Inc. – Business segments
• Exhibit 148: Hubbell Inc. – Key offerings
• Exhibit 149: Hubbell Inc. – Segment focus

• 12.13 IMS Companies LLC
• Exhibit 150: IMS Companies LLC – Overview
• Exhibit 151: IMS Companies LLC – Product / Service
• Exhibit 152: IMS Companies LLC – Key offerings

• 12.14 Industrial Enclosure Corp. 
• Exhibit 153: Industrial Enclosure Corp. – Overview
• Exhibit 154: Industrial Enclosure Corp. – Product / Service
• Exhibit 155: Industrial Enclosure Corp. – Key offerings

• 12.15 nVent Electric Plc
• Exhibit 156: nVent Electric Plc – Overview
• Exhibit 157: nVent Electric Plc – Business segments
• Exhibit 158: nVent Electric Plc – Key offerings
• Exhibit 159: nVent Electric Plc – Segment focus

• 12.16 Sanmina Corp.
• Exhibit 160: Sanmina Corp. – Overview
• Exhibit 161: Sanmina Corp. – Product / Service
• Exhibit 162: Sanmina Corp. – Key offerings

• 12.17 Schneider Electric SE 
• Exhibit 163: Schneider Electric SE – Overview
• Exhibit 164: Schneider Electric SE – Business segments
• Exhibit 165: Schneider Electric SE – Key news
• Exhibit 166: Schneider Electric SE – Key offerings
• Exhibit 167: Schneider Electric SE – Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 168: Inclusions checklist
• Exhibit 169: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 170: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 171: Research methodology
• Exhibit 172: Validation techniques employed for market sizing
• Exhibit 173: Information sources

• 13.5 List of abbreviations 
• Exhibit 174: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Email: media@technavio.com

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