The US electric enclosure market is estimated to grow at a CAGR of 4.6% during the forecast period. The rising energy and power industry are one of the crucial factors accelerating market growth. As per the US Energy Information Administration (EIA), in the US, electricity generation from renewable sources of energy grew from 18% in 2019 to 20% in 2020 and 22% in 2021. This results in an increasing demand for electric enclosures that are utilized in the power industry for the protection of critical electronic components and circuitry. Transmitters, power distribution systems and power generators utilize electrical enclosures. The enclosures are used as a cabinet for mounting switches, displays, and knobs and to protect the equipment from several environmental changes as well as to prevent electric shock.

The market is segmented based on material and vertical. Based on material, the market is classified into metallic and non-metallic. Based on vertical, the market is classified into energy and utilities, industrial, it and telecommunication, process industries, and others. As per the Committee for Economic Development (CED), the food and beverage industry in the US alone generates $164 billion in value-added. Enclosures for electrical and switchgear equipment are crucial across the production and engineering sectors which includes food and beverage manufacturing firms. For sensitive electrical components, the enclosure develops a protective environment and protects operatives from coming into contact with the electrical circuitry. Enclosures are particularly designed to fulfill the needs of food and beverage manufacturing lines that are normally known as “Hygienic Design” enclosures.

Some crucial players in the market include Eaton Corp., Hubbell Inc., Emerson Electric Co., ABB Ltd., and Schneider Electric SE. Partnerships and collaborations and mergers and acquisitions are considered vital strategies implemented by the market players to increase their position in the market. For instance, in May 2019, Rittal launched the AX and KX enclosures that are fixed with digital processes. This new range delivers easier, increased safety, greater flexibility, and component installation, and faster assembly. These are redesigned with the principles of Industry 4.0.

Research Methodology

The market study of the US electric enclosure market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity in our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. US Electric Enclosure Market Research and Analysis by Material
2. US Electric Enclosure Market Research and Analysis by Vertical

The Report Covers

• Comprehensive research methodology of the US electric enclosure market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the US electric enclosure market.
• Insights about market determinants which are stimulating the US electric enclosure market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.