Global Electrical Enclosure Equipment Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are increasing across the globe. The factors that propel the growth of the market include increasing demand, rapid urbanization & industrialization, and product development & technological innovations. In addition, factors such as changing standard of living, stringent government regulations, increasing automotive production, and growth in residential as well as industrial infrastructure.

Electrical Enclosure Equipment Market is classified on the basis of form factor, material, type, industry vertical, distribution channel and geography. Electrical Enclosure Equipment Industry is segmented by form factor as free-size enclosures, small enclosures, and compact enclosures. Electrical Enclosure Equipment Market is categorized by material as non-metallic and metallic enclosure. The non-metallic electrical enclosure segment is further segmented into polycarbonate, plastic/ polyvinyl chloride (PVC), fiberglass, and polyester.

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The metallic electrical enclosure segment is further segmented into mild steel, stainless steel, and aluminum. Electrical Enclosure Equipment Market is segmented by type as hazardous location enclosure, dust-tight, drift-tight and others. The industry is classified on industry vertical as energy & power, food & beverage, commercial & industrial, transportation, and others. Electrical Enclosure Equipment Market is segmented by distribution channel as online stores, specialty stores and others. Electrical Enclosure Equipment Industry is classified on the basis of geography as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa.

The North American region consists of the U.S., and Canada. Latin America region consists of Mexico and Brazil. The Western European region consists of Germany, Italy, France, England and Spain. The Eastern European region consists of Poland and Russia. Asia Pacific region consists of China, India, ASEAN, Australia & New Zealand. The Middle East and African region consists of GCC, South Africa and North Africa. By geography, Asia Pacific is projected to show significant growth rates in the market. The key factor that attributes to the growth of this region is owed to developing economies such as India and China.
Some of the key players that fuel the growth of the Electrical Enclosure Equipment Market include ABB Ltd., AZZ Inc., Eaton Corporation, Eldon Holding Ab, Emerson Electric Co., Hubbell, Inc., Legrand S.A., Pentair PLC, Rittal GmbH & Co. Kg., Schneider Electric SE, and others. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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