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LAMEA Electrical Enclosure Market Size, Share & Trends Analysis Report By Material (Metallic and Non-metallic), By End-user, By Type (Wall-Mounted, Free-Standing, and Underground). By Country and Growth Forecast, 2024 - 2031

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    Report

  • 158 Pages
  • April 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5953564
The LAMEA Electrical Enclosure Market would witness market growth of 9.8% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 1633.2 thousand units, showcasing a growth of 11.3% (2024-2031).

The electrical enclosure market offers a diverse range of materials, with metallic options such as stainless steel, aluminum, and others playing a significant role. Stainless steel enclosures are renowned for their robustness, corrosion resistance, and durability, making them ideal for harsh industrial environments, outdoor installations, and applications requiring stringent hygiene standards, such as food processing or pharmaceuticals. Therefore, the Saudi Arabia market utilized 75.41 thousand units of metallic Electrical Enclosures in 2023.



The Brazil market dominated the LAMEA Electrical Enclosure Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $313.4 million by 2031. The Argentina market is showcasing a CAGR of 10.5% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 9.5% during (2024 - 2031).

Electrical enclosures protect electrical equipment from environmental hazards such as dust, moisture, temperature fluctuations, and physical damage. By enclosing sensitive components within secure housing, enclosures prevent malfunctions, equipment failures, and safety incidents, ensuring reliable operation and minimizing downtime. Industries operating in harsh or hazardous environments, such as manufacturing plants, oil and gas facilities, and outdoor installations, require specialized electrical enclosures to withstand extreme temperatures, corrosive substances, and explosive atmospheres. Adopting rugged and durable enclosures is essential to ensure the longevity and reliability of equipment in challenging conditions.

Additionally, with electrical systems' increasing complexity and sophistication, industries require versatile enclosures that accommodate a wide range of equipment, including control panels, PLCs, instrumentation, communication devices, and networking equipment. Electrical enclosures provide a standardized platform for integrating and organizing diverse components, facilitating installation, maintenance, and scalability.

The UAE’s smart cities projects involve deploying advanced infrastructure, including smart grids, intelligent transportation systems, and IoT devices. According to the United Arab Emirates Ministry of Economy, the Smart Cities & Artificial Intelligence Plan (2018-2022) is a project in smart cities for managing infrastructure using Information & Internet of Things Technology. In conclusion, the increasing oil industry and rising smart city initiatives in the region drive the market's growth.

Based on Material, the market is segmented into Metallic and Non-metallic. Based on End-user, the market is segmented into Energy & Power, Industrial, Oil & Gas, Telecommunications and Others. Based on Type, the market is segmented into Wall-Mounted, Free-Standing, and Underground. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • Schneider Electric SE
  • Hubbell Incorporated
  • Siemens AG
  • Eaton Corporation PLC
  • Rittal GmbH & Co. KG (Friedhelm Loh Stiftung & Co. KG)
  • nVent Electric plc
  • Hammond Manufacturing Company Limited
  • Saipwell Electric Co., Ltd. (Saip Electric Group)
  • Fibox Oy Ab
  • Equipto Electronics Corporation

Market Report Segmentation

By Material (Volume, Thousand Units, USD Billion, 2020-2031)
  • Metallic
  • Non-metallic
By End User (Volume, Thousand Units, USD Billion, 2020-2031)
  • Energy & Power
  • Industrial
  • Oil & Gas
  • Telecommunications
  • Others
By Type (Volume, Thousand Units, USD Billion, 2020-2031)
  • Wall-Mounted
  • Free-Standing
  • Underground
By Country (Volume, Thousand Units, USD Billion, 2020-2031)
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Electrical Enclosure Market, by Material
1.4.2 LAMEA Electrical Enclosure Market, by End User
1.4.3 LAMEA Electrical Enclosure Market, by Type
1.4.4 LAMEA Electrical Enclosure Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansions
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2024)
4.3.2 Key Strategic Move: (Mergers & Acquisition: 2021, Mar - 2023, Jul) Leading Players
4.4 Porter’s Five Forces Analysis
Chapter 5. LAMEA Electrical Enclosure Market by Material
5.1 LAMEA Metallic Market by Country
5.2 LAMEA Non-metallic Market by Country
Chapter 6. LAMEA Electrical Enclosure Market by End-user
6.1 LAMEA Energy & Power Market by Country
6.2 LAMEA Industrial Market by Country
6.3 LAMEA Oil & Gas Market by Country
6.4 LAMEA Telecommunications Market by Country
6.5 LAMEA Others Market by Country
Chapter 7. LAMEA Electrical Enclosure Market by Type
7.1 LAMEA Wall-Mounted Market by Country
7.2 LAMEA Free-Standing Market by Country
7.3 LAMEA Underground Market by Country
Chapter 8. LAMEA Electrical Enclosure Market by Country
8.1 Brazil Electrical Enclosure Market
8.1.1 Brazil Electrical Enclosure Market by Material
8.1.2 Brazil Electrical Enclosure Market by End-user
8.1.3 Brazil Electrical Enclosure Market by Type
8.2 Argentina Electrical Enclosure Market
8.2.1 Argentina Electrical Enclosure Market by Material
8.2.2 Argentina Electrical Enclosure Market by End-user
8.2.3 Argentina Electrical Enclosure Market by Type
8.3 UAE Electrical Enclosure Market
8.3.1 UAE Electrical Enclosure Market by Material
8.3.2 UAE Electrical Enclosure Market by End-user
8.3.3 UAE Electrical Enclosure Market by Type
8.4 Saudi Arabia Electrical Enclosure Market
8.4.1 Saudi Arabia Electrical Enclosure Market by Material
8.4.2 Saudi Arabia Electrical Enclosure Market by End-user
8.4.3 Saudi Arabia Electrical Enclosure Market by Type
8.5 South Africa Electrical Enclosure Market
8.5.1 South Africa Electrical Enclosure Market by Material
8.5.2 South Africa Electrical Enclosure Market by End-user
8.5.3 South Africa Electrical Enclosure Market by Type
8.6 Nigeria Electrical Enclosure Market
8.6.1 Nigeria Electrical Enclosure Market by Material
8.6.2 Nigeria Electrical Enclosure Market by End-user
8.6.3 Nigeria Electrical Enclosure Market by Type
8.7 Rest of LAMEA Electrical Enclosure Market
8.7.1 Rest of LAMEA Electrical Enclosure Market by Material
8.7.2 Rest of LAMEA Electrical Enclosure Market by End-user
8.7.3 Rest of LAMEA Electrical Enclosure Market by Type
Chapter 9. Company Profiles
9.1 Schneider Electric SE
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Hubbell Incorporated
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.6 SWOT Analysis
9.3 Siemens AG
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 Eaton Corporation PLC
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Acquisition and Mergers:
9.4.6 SWOT Analysis
9.5 Rittal GmbH & Co. KG (Friedhelm Loh Stiftung & Co. KG)
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Product Launches and Product Expansions:
9.5.3 SWOT Analysis
9.6 nVent Electric plc
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.6.5.2 Acquisition and Mergers:
9.6.5.3 Geographical Expansions:
9.6.6 SWOT Analysis
9.7 Hammond Manufacturing Company Limited
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Recent strategies and developments:
9.7.4.1 Partnerships, Collaborations, and Agreements:
9.7.5 SWOT Analysis
9.8 Saipwell Electric Co., Ltd. (Saip Electric Group)
9.8.1 Company Overview
9.8.2 SWOT Analysis
9.9 Fibox Oy Ab
9.9.1 Company Overview
9.9.2 SWOT Analysis
9.10. Equipto Electronics Corporation
9.10.1 Company Overview
9.10.2 SWOT Analysis

Companies Mentioned

  • Schneider Electric SE
  • Hubbell Incorporated
  • Siemens AG
  • Eaton Corporation PLC
  • Rittal GmbH & Co. KG (Friedhelm Loh Stiftung & Co. KG)
  • nVent Electric plc
  • Hammond Manufacturing Company Limited
  • Saipwell Electric Co., Ltd. (Saip Electric Group)
  • Fibox Oy Ab
  • Equipto Electronics Corporation

Methodology

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