At 4.1% CAGR, the Europe E-House Market is projected to be worth US$ 357.16 million by 2028, says Business Market Insights

According to the Insight Partners’ research, the Europe E-house market was valued at US$ 280.47 million in 2022 and is expected to reach US$ 357.16 million by 2028, registering a CAGR of 4.1% from 2022 to 2028. Ease of installation, cost-effectiveness, and flexibility of E-house and surge in demand for E-houses from oil & gas sector are the critical factors attributed to the market expansion.

E-houses are also known as electrical houses or integrated power assemblies. They are pre-assembled, walk-in modular outdoor enclosures that store low- and medium-voltage switchgear and various ancillary equipment such as utility-grade switchgear, paralleling switchgear, and custom controls. E-houses can be easily mounted on a skid/wheel and trailer; it takes only a few minutes to set up. Also, E-houses are sustainable alternatives to traditional on-site structures. A few major applications of E-houses are disaster response, rapid transmission capacity expansion, and temporary power supply for unplanned repairs. Other uses of E-houses involve grid coupling, balancing fossil and renewable energy sources at plants, and housings for electrical energy storage systems. Before the delivery process, fundamental components—such as bus bars, components, power management systems, and HVAC—are thoroughly monitored and tested, thus leading to a lower risk of failure at the work site. The entire procedure of installation and relocation of the E-house is simple and cost-effective because of its mobility. Adding to this, E-houses can be positioned near significant loads to minimize the length and size of power and control connections. Moreover, E-houses are designed and constructed per various standards. They are also tested and certified for the different markets: UL/CE/GOST&EAC. These factors help boost demand for E-houses, thus leading to increased revenue generation potential in the coming years. Furthermore, E-Houses lead to substantial savings by reducing planning costs by up to 50%. Also, as a prefabricated electrical building, the E-house is delivered fully integrated and pre-tested, reducing workers' presence at the construction site and installation time. Due to the modularity and compact design of E-houses, the end users benefit from an optimized footprint, adding up the total savings of up to 20% of the total costs of ownership (TCO) compared to traditional power distribution substations. Other benefits of the E-houses include easy integration (plug-and-play), reduced installation time at the construction site, shortened test and commissioning time with pre-commissioned E-houses, and site conditions do not affect the delivery time, and reduced cable cost between integrated equipment, among others.

On the contrary, lack of technical expertise, high maintenance and replacement cost, and impact of covid -19 pandemic hurdles the growth of Europe E-house market.

• Based on type, the Europe E-house market is bifurcated into fixed substation and mobile substation. The mobile substation segment held 69.3% market share in 2022, amassing US$ 194.31 million. It is projected to garner US$ 257.69 million by 2028 to expand at 4.8% CAGR during 2022–2028.
• Based on application, the Europe E-house market is bifurcated into industrial and utilities. The industrial segment held 62.5% market share in 2022, amassing US$ 175.31 million. It is projected to garner US$ 231.28 million by 2028 to expand at 4.7% CAGR during 2022–2028.
• Based on component, the Europe E-house market is segmented into transformer, bus bar, power management system, variable frequency drive, switchgear, HVAC, and others. The transformer segment held 35.5% market share in 2022, amassing US$ 99.44 million. It is projected to garner US$ 110.97 million by 2028 to expand at 1.8% CAGR during 2022–2028.
• Based on country, the Europe E-house market has been categorized into Germany, the UK, France, Italy, Russia, and rest of Europe. Our regional analysis states that Russia captured 33.9% market share in 2022. It was assessed at US$ 95.21 million in 2022 and is likely to hit US$ 127.15 million by 2028, exhibiting a CAGR of 4.9% during the forecast period.

Key players profiles in the Europe E-house market report are ABB Ltd; Becker Mining Systems AG; Eaton; Powell Industries, Inc.; Powergear Limited; Schneider Electric SE; Sécheron; Siemens AG; and WEG, among others.

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