Growing Manufacturing Sector to Drive North American Electric Enclosure Market

North American electric enclosure market is estimated to grow at a CAGR of 4.4% during the forecast period. As per the National Association of Manufacturers (NAM), manufacturers in the US represent 11.4% of the total output in the economy, which employs 8.5% of the workforce. In 2018, the total output from manufacturing was $2,334.6 billion. Additionally, in 2018, an average of 12.8 million manufacturing employees reported in the US. In 2018, there were 249,962 manufacturing firms in the US. Food and beverage are one of the main manufacturing sectors in the US. 

Browse the full report description North American Electric Enclosure Market Size, Share & Trends Analysis Report, By Material (Metallic and Non-Metallic), By Vertical (Energy and Utilities, Industrial, IT and Telecommunication, Process Industries, and Other) and Forecast, 2020-2026 at https://www.omrglobal.com/industry-reports/north-american-electric-enclosure-market

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. Everything which is linked with a food manufacturing line must fulfill the required standards for cleanliness, and that comprises the enclosures for the protection of electrical equipment that fuels any concerned automated processes. 

Scope of the North America Electric Enclosure Market

Market Coverage

• Market number available for 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Material and Vertical
• Countries Covered- US and Canada
• Competitive Landscape- Eaton Corp., Hubbell Inc., Emerson Electric Co., ABB Ltd., and Schneider Electric SE

Recent Strategic Initiatives in the North American Electric Enclosure Market

• In May 2019, Toshiba Mitsubishi-Electric Industrial Systems Corp. (TMEIC) declared the launch of the TMdrive-Guardian. It is an outdoor enclosure for its renowned TMdrive-MVe2 medium voltage (MV) variable frequency drive (VFD). This is a self-sufficient enclosure that avoids the requirement of the house the drive in a temperature-controlled industrial control building or E-house. 
• 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.

Key questions addressed by the report

• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID forecast

o Most affected segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

North American Electric Enclosure Market-Segmentation

By Material

• Metallic
• Non-Metallic

By Vertical

• Energy and Utilities 
• Industrial (Automotive and Manufacturing)
• IT and Telecommunication
• Process Industries
• Others

North American Electric Enclosure Market– Segment by Country

• US
• Canada

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