Published on: February 14, 2020
The enclosures market plays an important role in many industries, providing protection, safety, and security for equipment and infrastructure. This market is influenced by factors such as safety regulations, global energy consumption and the adoption of renewable energy sources, and industrial automation. Different sectors have specific requirements for enclosures, such as resistance to corrosion, seismic protection, and EMC shielding.
The enclosures industry is driven by several factors, including the rising use of electrical and electronic equipment in manufacturing processes. The increased adoption of automation and communication technologies enhances efficiency and productivity, making these technologies essential in modern manufacturing environments, and stringent standards for enclosure design ensure safety and reliability.
Trends in the enclosures market include the adoption of composite solutions and EV battery enclosure design. Drivers of market growth include initiatives for energy conservation, technological advancements in electronics cooling and EMC shielding, and the establishment of plants for renewable energy projects.
Challenges in the enclosures market include security concerns, environmental issues related to fossil fuels, and the need for grid integration of renewable energy sources. Other challenges include regulatory compliance and public safety concerns.
Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. APAC is a key region for the global enclosures market. Investments in oil and gas target downstream activities as the Asia-Pacific region requires vast amounts of energy resources to drive industrial growth and support a growing population. Countries are increasing investment in the oil and gas exploration sector to boost domestic production of natural gas and oil. Rising investment is likely to boost the demand for industrial housing in APAC market during the forecast period.
Technavio's enclosures industry reports monitor the leading players in the global market along with their current and forecasted market share. Our analysis covers regional and global companies. Some of the top companies covered in our enclosures market reports include:
In order to provide you with a comprehensive view of the enclosures industry, our experts analyze the market from many different perspectives. Our reports help identify opportunities, risks, key competitors, and more, helping you make timely, informed decisions to optimize your position in the market.
Technavio reports insights include:
Develop a deeper understanding of the enclosures market with Technavio’s comprehensive market research reports. We provide the latest information on key industry dynamics, including global and regional market forecasts, internal and external pressure points, the vendor landscape, and more.
Our in-depth knowledge of the enclosures market is built on decades of experience and a global network of industry experts. We know the importance of having a strong foundation on which to base important decisions, and with over 500 analysts located around the world, we deliver actionable insights for every segment of the market.
Technavio’s market research reports provide an analysis of current trends and how they are affecting the market. We also identify market drivers and challenges to help you discover opportunities and avoid pitfalls.
Every Technavio report includes detailed segmentation insights, breaking down the market in terms of product type, geography, sales channels, and more. And if you’re looking for something a little more specific, our Custom Research Solutions can tailor any report to meet your unique needs.
We provide detailed profiles on the biggest competitors in the market, including data such as business divisions, product offerings, and news. Our reports also include an overview of the competitive landscape as a whole, including the risks and opportunities that it presents.
LinkedIn
Facebook 
Twitter
Email
Reddit
Tumblr
Quora
Pinterest
WhatsApp