[email protected]+1 737 734 2707
Global Electrical Enclosures Market
  1. Home
  2. Semiconductors & Electronics
  3. Global Electrical Enclosures Market

Global Electrical Enclosures Market 2024–2033

Market size, share and growth analysis by material and end-users, across all major regions and key countries, with forecasts for 2022–2030. The competitive landscape profiles 13+ companies, including Schneider Electric SE, Hubbell Inc. and Legrand SA.

  • 220+ Pages
  • 13+ Companies
  • Base year 2021
  • Forecast 2022-2030
  • Global coverage
USD 47.1 Bn
Market size, 2022
USD 67.4 Bn
Forecast, 2030
5.5%
CAGR, 2022-2030
Europe
Largest region
Asia-Pacific
Fastest-growing region

The global electrical enclosures market was valued at USD 47.1 Bn in 2022 and is projected to reach USD 67.4 Bn by 2030, growing at a CAGR of 5.5%. Europe is the largest regional market and Asia-Pacific is growing fastest.

Reports Description

Surging investments in renewable energy are propelling the growth of the market.

According to Custom Market Insights (CMI), The Global Electrical Enclosures Market size was estimated at USD 44.04 Billion in 2021 and is expected to reach USD 47.10 billion in 2022 and is expected to hit around USD 67.4 Billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 5.5% from 2022 to 2030.

Our recently published report Electrical Enclosures Market offers a comprehensive and deep evaluation of the market's stature. Also, the market report estimates the market size, revenue, price, market share, market forecast, growth rate, and competitive analysis.

Electrical Enclosures Market Size 2022 to 2030

To learn more about this report - request a sample report PDF

Electrical Enclosures Market Overview

An electrical enclosure contains numerous devices, including power generators, transformers, telecommunication equipment, and other parts like mount switches, knobs, and monitors for displays. In addition to protecting the space from inadvertent harm caused by users, they also enhance its aesthetic appeal. Depending on their usage and the user's inclination, the enclosures can be metallic or non-metallic. Electrical enclosures have tight seals that keep moisture and water out. They also safeguard against electrical failure, power loss, and electromagnetic interference. They have several uses in places with threats from flammable gases, combustible dust, or volatile vapours or particles.

Electrical Enclosures Market: COVID–19 Impact Analysis

Energy and power, medical, industrial, and other significant processes and industries have all suffered dramatically due to the COVID-19 pandemic outbreak. Due to the virus's quick spread, governments worldwide have imposed rigorous restrictions on how much people and vehicles can move.

Additionally, the market for electrical enclosures has been significantly impacted by the decline in the power generating and distribution industry, which is primarily due to decreased demand, financial strain, and disruptions in the power supply chain. Due to restricted production activities and reduced demand from end-use industries, the electric enclosure market's overall revenue is confined, which will cause market growth to slow down over the coming years.

Electrical Enclosures Market: Growth Drivers

Rising investments in renewable energy infrastructure

Governments worldwide are urged by growing environmental concerns about nuclear power and fossil fuels to redirect their attention to alternative energy sources like wind and solar power. They emphasize building green energy infrastructures to use renewable resources.

For instance, as part of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan, the Indian government announced the allocation of US$ 4.59 billion for the construction of green energy infrastructures to boost the renewable energy capacity to 25,750 MW by 2022.

The installation of solar panels and wind turbines has considerably increased the need for electrical security measures like electrical enclosures to stop electricity theft and protect the electrical circuits from the factors like dust, rain, and other things. Consequently, it is projected that a plethora of such breakthroughs would generate profitable growth prospects in the market.

Implementation of Industrial IoT

Demand for industrial IoT, rising demand for sanitary enclosures in the food and beverage industry, and implementation of the intelligent transport system in the transportation industry are key factors boosting the market growth. As a result, the market grows, so the renewable energy sector is a crucial factor driving market expansion, but it also increases because the critical industry players implement growth strategies, including product launches, development, mergers, and acquisition. For instance, the market share of TAKACHI, a leading producer of electrical enclosures and related products in Japan, increased by 9.66% due to the shift to electronic enclosures.

Electrical Enclosures Market Segmentation Analysis

The Electrical Enclosures market is segmented into material and end-users. Based on end-users, the energy & power segment is estimated to hold the dominant market share throughout 2022-2030. Alternative energy sources, including solar and wind, are becoming more popular due to environmental problems with fossil fuels and nuclear power. Renewable energy sources such as solar and wind are considered clean and safe. As a result, nations are embracing this technology all around the world.

The electrical and battery systems used to produce electricity from solar and wind energy are delicate and malfunction when exposed to the elements. Therefore, electrical enclosures are heavily utilized in the energy generation industry for safety reasons.

Electrical enclosures provide seismic protection, EMC shielding, security, electronics cooling, corrosion resistance, integration of power conversion, and multi-component system requirements for wind and solar energy equipment.

Government regulations are encouraging the development of renewable energy sources, which is, in turn, driving up demand for electrical enclosures. Electrical enclosures safeguard the electrical and electronic components and systems of wind, solar, and electrical power plants.

Report Scope

Feature of the Report Details
Market Size in 2021 USD 44.04 Billion
Projected Market Size in 2030 USD 67.4 Billion
Market Size in 2022 USD 47.10 Billion
CAGR Growth Rate 5.5% CAGR
Base Year 2023
Forecast Period 2024-2033
Prominent Players Schneider Electric SE, Hubbell Inc., Legrand SA, Emerson Electric Co., ABB Ltd, Eldon Holding AB, Eaton Corporation, AZZ Inc., Pentair PLC, Adalet, Austin Electrical Enclosures, Siemens AG, Rittal GmbH & Co. Kg., and Others
Key Segment By Material, End-users, and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Key Insights:

  • As per the analysis shared by our research analyst, the Electrical Enclosures Market is estimated to grow annually at a CAGR of around 5.5% over the forecast period (2022-2030).
  • In terms of revenue, the Electrical Enclosures market size was valued at around USD 44.04 billion in 2021 and is projected to reach USD 67.4 billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
  • Based on material segmentation, the non-metallic segment is projected to hold the dominant market share in 2021.
  • Based on end-users segmentation, the energy & power segment is estimated to hold the dominant market share in 2021.
  • Based on geography/region, the North American area was the leading revenue generator in 2021.

Recent Development

  • October 2022: The previously reported transaction between AZZ Inc. and Fernweh Group LLC, in which AZZ contributed its AZZ Infrastructure Solutions Segment1 ("AIS") to AIS Investment Holdings LLC (the "AIS JV") and sold a 60% interest in the AIS JV to Fernweh at an implied enterprise value of $300 million, has now been completed, according to AZZ Inc. and Fernweh Group LLC. Due to typical purchase price modifications, AZZ expects to receive about $228 million in cash, of which $210 million will be used to pay off its Term Loan B and the remaining balance on its Revolving Credit Facility.
  • July 2022: The maker of AttaBox polycarbonate industrial enclosures and Stahlin fiberglass electrical enclosures, Robroy Enclosures (Belding, Michigan, USA), has purchased a new, specially made 1,000-ton hydraulic press with an extra-large platen.

Regional Landscape

The Asia Pacific region is expected to notice a tremendous CAGR from 2022 to 2030. The expansion of power generating and distribution infrastructure, notably in the fast-growing economies of China and India, is fueling growth throughout the Asia-Pacific region. Growth in North American and European developed economies is projected to be primarily powered by the construction of renewable energy power plants, particularly wind and solar energy. Strong industrial automation growth and the growing popularity of smart homes in the US bode well for the electrical enclosures industry. In addition, the increasing requirement for upgrading the current power transmission and distribution infrastructure will increase the market for electrical enclosures in Europe.

Competitive Landscape

The key businesses use various growth strategies, including product launches, acquisitions, and joint ventures, helping the electric enclosure market grow internationally.

September 2021: Additional wall-mount enclosures, as well as accessories in its nVent HOFFMAN Global IEC portfolio in North America, were announced by nVent Electric plc, a rapidly expanding firm in electrical connection and protection solutions.

Prominent Players:

  • Schneider Electric SE
  • Hubbell Inc.
  • Legrand SA
  • Emerson Electric Co.
  • ABB Ltd
  • Eldon Holding AB
  • Eaton Corporation
  • AZZ Inc.
  • Pentair PLC
  • Adalet
  • Austin Electrical Enclosures
  • Siemens AG
  • Rittal GmbH & Co. Kg.

The global Electrical Enclosures market is segmented as follows:

By Material

  • Metallic
  • Non-Metallic

By End-users

  • Energy & Power
  • Industrial
  • Process Industries
  • Others

On the basis of Geography

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Global Electrical Enclosures Market 2024–2033

Updated: July 2026 · Formats: PDF, Excel, PPT

Frequently asked questions

Which region will dominate the global Electrical Enclosures market?

"North American" region will lead the global Electrical Enclosures market during the forecast period 2022 to 2030.

Which are the driving factors of the Electrical Enclosures market?

The key factors driving the market are rising investments in renewable energy infrastructure and implementation of Industrial IoT.

Who are the top players operating in the Electrical Enclosures market?

The key players operating in the Electrical Enclosures market are Schneider Electric SE, Hubbell Inc., Legrand SA, Emerson Electric Co., ABB Ltd, Eldon Holding AB, Eaton Corporation, AZZ Inc., Pentair PLC, Adalet, Austin Electrical Enclosures, Siemens AG, Rittal GmbH & Co. Kg.

What will be the CAGR of global Electrical Enclosures market?

The global Electrical Enclosures market is expanding growth with a CAGR of approximately 10% during the forecast period (2022 to 2030).

What is the existing size of Electrical Enclosures market?

The global Electrical Enclosures market size was valued at USD 6 Billion in 2021 and it is projected to reach around USD 12 Billion by 2030.

Meet the team

Ayush Kadam

Ayush Kadam

Author · Sr. Research Analyst

Ayush Kadam is a Senior Market Research Analyst at Custom Market Insights, with over seven years of experience in syndicated and custom market research. He specializes in market sizing, competitive intelligence, industry trends, forecasting, and strategic insights, helping clients turn complex data into actionable business decisions.

More Semiconductors & Electronics reports

Free sampleBuy report

Free sample

Get the sample report

Global Electrical Enclosures Market: sample pages and table of contents by email.

Security codeCode didn’t load.

We use these details only to answer this request. Privacy policy