Research and Markets: Global Electrical Enclosure Market 2015-2019: Eaton Corp., Pentair Ltd., Schneider Electric, Siemens Among Top Vendors
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/8qvq9t/global_electrical) has announced the addition of the “Global Electrical Enclosure Market 2015-2019” report to their offering
The analysts forecast the Global Electrical Enclosure market to grow at a CAGR of 5.06 percent over the period 2015-2019.
– Eaton Corp.
– Pentair Ltd.
– Schneider Electric
Other Prominent Vendors
– Allied Moulded Products
– Bison Profab
– Fibox Enclosures
– Hammond Manufacturing
– Inclosia Solutions
– ITS Enclosures
– LCD Enclosures
– OKW Enclosures
– Peerless Industries
– R. Stahl
– Signature Enclosures
– Solutions Direct
– Takachi Electronics Enclosure
– Triton Systems
– Unibox Enclosures
– Vynckier Enclosure Systems
Commenting on the report, an analyst from the team said: One of the key trends emerging in the market is the availability of customized enclosures based on end-users’ requirements. Customization of the product helps end-users in maximizing their profits by reducing the wastage of materials used for electrical enclosures.
According to the report, one of major drivers of the market is the increased demand for electrical enclosures from developing countries. The market is experiencing huge potential from developing countries such as China, Brazil, and India. Rapid urbanization has contributed significantly to the growth of the market in developing countries, which increases the demand for electrical enclosures.
Further, the report states that one of the major challenges that the market faces is the decrease in the demand for metallic enclosures. Metallic enclosures are prone to rust on exposure to adverse environmental conditions.
For more information visit http://www.researchandmarkets.com/research/8qvq9t/global_electrical.
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Sector: Electrical Engineering