South America Electrical Enclosure Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Published : 30 Aug 2024

Report Type : Regional

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South America Electrical Enclosure Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Electrical enclosure prevents electrical shock to equipment users and protects the contents of the environments. It is a cabinet for electrical or electronic equipment to mount switches, displays, and knobs. Metals, Carbon Steel, Stainless steel, and aluminium are materials utilised to manufacture the electrical enclosure. These enclosures are also used to protect electrical equipment such as power generators, power distribution systems, and transmitters. For Low production equipment we use a standardised enclosure, and for mass-produced equipment, we use customised electrical enclosure.

South America Electrical Enclosure Market Size & Growth:

South America enclosure market size is projected to reach USD 1.1 Billion by the end of 2024 with a CAGR of 2.4% during the forecast period. Key Parameters promoting the market growth include global expansion of energy T & D network, the trend of industrial automation, industrial safety regulations, an increase of industrial automation, stringent regulations regarding safety, the highest level of customisation and efficiency,

South America Electrical Enclosure Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

and the unique project requirements. The Major factors driving the market are industrial infrastructure, growth in the trend of automation and rise in residential.

South America Electrical Enclosure Market Share:

South America Crystal Oscillator Market is classified by type, by material, by industry vertical, by geography. By type, the Global Crystal Oscillator market is classified as Hazardous Location Enclosure, Drift-Tight, Dust-Tight.

By Material, these are classified as Aluminum, Steel, Glass Reinforced Polyester (GRP), Polyvinyl Chloride (PVC), Polycarbonate. By Industry Vertical, these are classified as Industrial, Energy, Food & Beverage, Transportation. South America is expected to have the highest market due to the increasing demand and usage of electrical enclosures.

South America Electrical Enclosure Market Trends:

May 2017, Mier products expanded UL Listed enclosures, and these are ideal for installation of security, fire, Wi-Fi and electrical equipment. New Products from Mier products are the thicker gauge, gray(electrical), Red(fire).
September 2017, Nonmetallic electrical enclosures exhibit over 30 configurations along

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South America Electrical Enclosure Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

with complementary thermal and standard accessories.

ABB Ltd. to acquire GE Industrial solutions for $ 2.6 Billion and it strengthens ABB’s two global positions in electrification.

South America Electrical Enclosure Market Research Report Includes:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
Regional and South America diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
Identify the latest developments, market shares and strategies that are employed by the major market players, such as
ABB Ltd.
Emerson Electric Co.
Rittal GmbH
Eaton Corporation
Eldon Holding AB

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