Europe Stainless Steel Electrical Enclosures Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Mounting Type (Wall-Mounted, Free-Standing, and Others); Industry (Food and Beverages, Medical and Pharmaceuticals, Energy and Power, Logistics and Transportation, Oil and Gas, and Others)

TIPRE00011850 | Pages: 132 | Electronics and Semiconductor | Jun 2020 | Type: Regional | Status: Published
Market Introduction
Stainless steel electrical enclosure is a cabinet designed to protect electrical components such as knobs, switches, and displays from external factors. The enclosures also protect people from getting electrocuted. They are available in various sizes and mounting types, such as wall-mounted and free-standing models. The adoption of stainless steel electrical enclosures is governed by several national regulatory standards. The government regulations are pertinent to industries that work in hazardous areas where potential risks comprise combustible dust, flammable gases, and other volatile particles. Rising awareness regarding workers’ safety and health, along with the increasing industrial fatalities, primarily in oil & gas and mining industries, is likely to propel the market growth during 2020–2027. Additionally, advancements in technologies, accompanied by changing consumer needs for equipment, are further expected to accelerate market expansion. 


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Market Overview and Dynamics
The stainless steel electrical enclosures market in Europe is expected to grow from US$ 291.15 Mn in 2019 to US$ 550.30 Mn by 2027; it is estimated to grow at a CAGR of 9.5% from 2020 to 2027. Growing demand for energy-efficient devices, rising need to upgrade existing power infrastructure, and ever-increasing focus toward the use of renewable power sources are among the prime factors accelerating the growth of the energy & power industry in Europe. Driven by scrutiny from regulators, the industry has a wide scope to step into the clean energy transition. In Europe, the stainless steel electrical enclosures market is propelled by the installation of power stations operating on renewable sources of energy, such as wind and solar energy. The initial stages in renewable energy projects might prove expensive and need several years before yielding a huge return on investment. Hence, it is crucial that systems run faultlessly from the time of installation. Selecting the suitable stainless steel electrical enclosure improves the performance and durability of the equipment enclosed. As solar power is an exceptional source of energy, the equipment are often situated outdoors, exposing electrical enclosures; thus, the manufacturers prefer a reliable electrical enclosure that can perform under harsh environmental conditions such as UV radiation, rain, snow, dust, and dirt. Therefore, the aforementioned factors increase the demand for stainless steel electrical enclosures as they are highly reliable and withstand extreme conditions. 

Key Market Segments
In terms of mounting type, the free-standing segment accounted for the largest share of the Europe stainless steel electrical enclosures market in 2019. In terms of industry, the energy & power segment held the largest share of the market in 2019. 

Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the stainless steel electrical enclosures market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are ABB Ltd., Delvalle Box, Rittal GmbH Co. & KG, and nVent Hoffman, among others.

Reasons to buy report
  • Understand the Europe stainless steel electrical enclosures market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for the market
  • Efficiently plan merger and acquisition, and partnership deals in the Europe stainless steel electrical enclosures market by identifying market segments with the most promising probable sales 
  • Make knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various market segments
  • Obtain market revenue forecast for market by various segments from 2020 to 2027 in Europe region
EUROPE STAINLESS STEEL ELECTRICAL ENCLOSURES MARKET SEGMENTATION
By MountingType
  • Wall-mounted
  • Free-Standing
  • Others
By Industry
  • Food & Beverages
  • Medical and Pharmaceutical
  • Energy & Power
  • Logistics and Transportation
  • Oil & Gas
  • Others
By Country
  • Germany
  • France
  • Italy
  • Spain
  • UK
  • Rest of Europe
Company Profiles
  • ABB Ltd.
  • CUBIC-MODULSYSTEM A/S
  • DELVALLE BOX
  • Electrix International Ltd.
  • ETA S.P.A.
  • EURO INOX QUALITY SRL
  • Ilinox SRL
  • MP GAMMA SRL
  • nVent Hoffman
  • RITTAL GMBH & CO. KG
  • Schneider Electric SE
  • ZANARDO S.P.A

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Stainless Steel Electrical Enclosures Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.2.1        Europe – PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           Stainless Steel Electrical Enclosures–Market Dynamics

5.1         Market Drivers

5.1.1        Increasing Demand for Electrical Enclosures in Renewable Energy Sector

5.1.2        Imposition of Stringent Safety Regulations by Governments

5.2         Market Restraints

5.2.1        Use of Nonmetallic Materials in Electrical Enclosures

5.3         Market Opportunities

5.3.1        Growing Importance of Industry 4.0

5.4         Future Trends

5.4.1        Growing TrendToward Process Automation

5.5         Impact Analysisof Drivers and Restraints

6.           Stainless Steel Electrical Enclosures Market – Europe Analysis

6.1         EuropeStainless Steel Electrical Enclosures Market Overview

6.1.1        Europe:Stainless Steel Electrical Enclosures Market – Revenue and Forecast to 2027(US$ Million)

6.2         MarketPositioning – Five Key Players

7.           Stainless Steel Electrical Enclosures Market Analysis  By Mounting Type

7.1         Overview

7.2         Stainless SteelElectrical Enclosures Market Breakdown, by Mounting Type, 2019 & 2027

7.3         Wall–Mounted

7.3.1        Overview

7.3.2        Wall–MountedMarket Revenue and Forecast to 2027 (US$ Million)

7.4         Free–Standing

7.4.1        Overview

7.4.2        Free–StandingMarket Revenue and Forecast to 2027 (US$ Million)

7.5         Other MountingTypes

7.5.1        Overview

7.5.2        Others MarketRevenue and Forecast to 2027 (US$ Million)

8.           Stainless Steel Electrical Enclosures Market Analysis – By Industry

8.1         Overview

8.2         Stainless SteelElectrical Enclosures Market Breakdown, by Industry, 2019 & 2027

8.3         Food &Beverages

8.3.1        Overview

8.3.2        Food &Beverages Market Revenue and Forecast to 2027 (US$ Million)

8.4         Medical &Pharmaceuticals

8.4.1        Overview

8.4.2        Medical &Pharmaceuticals Market Revenue and Forecast to 2027 (US$ Million)

8.5         Energy &Power

8.5.1        Overview

8.5.2        Energy &Power Market Revenue and Forecast to 2027 (US$ Million)

8.6         Logistics &Transportation

8.6.1        Overview

8.6.2        Logistics &Transportation Market Revenue and Forecast to 2027 (US$ Million)

8.7         Oil & Gas

8.7.1        Overview

8.7.2        Oil & GasMarket Revenue and Forecast to 2027 (US$ Million)

8.8         Others

8.8.1        Overview

8.8.2        Others MarketRevenue and Forecast to 2027 (US$ Million)

9.           Stainless Steel Electrical Enclosures Market Revenue and Forecast to2027 – Country Analysis

9.1         Europe:Stainless Steel Electrical Enclosures Market, By Country

9.1.1.1          Germany:Stainless Steel Electrical Enclosures Market – Revenue and Forecast to 2027 (US$Million)

9.1.1.1.1          Germany:Stainless Steel Electrical Enclosures Market, by Mounting Type

9.1.1.1.2          Germany:Stainless Steel Electrical Enclosures Market, by Industry

9.1.1.2          France:Stainless Steel Electrical Enclosures Market – Revenue and Forecast to 2027(US$ Million)

9.1.1.2.1          France:Stainless Steel Electrical Enclosures Market, by Mounting Type

9.1.1.2.2          France:Stainless Steel Electrical Enclosures Market, by Industry

9.1.1.3          Italy:Stainless Steel Electrical Enclosures Market – Revenue and Forecast to 2027(US$ Million)

9.1.1.3.1          Italy:Stainless Steel Electrical Enclosures Market, by Mounting Type

9.1.1.3.2          Italy:Stainless Steel Electrical Enclosures Market, by Industry

9.1.1.4          UK: StainlessSteel Electrical Enclosures Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.4.1          UK: StainlessSteel Electrical Enclosures Market, by Mounting Type

9.1.1.4.2          UK: StainlessSteel Electrical Enclosures Market, by Industry

9.1.1.5          Spain:Stainless Steel Electrical Enclosures Market – Revenue and Forecast to 2027(US$ Million)

9.1.1.5.1          Spain:Stainless Steel Electrical Enclosures Market, by Mounting Type

9.1.1.5.2          Spain:Stainless Steel Electrical Enclosures Market, by Industry

9.1.1.6          Rest ofEurope: Stainless Steel Electrical Enclosures Market – Revenue and Forecast to2027 (US$ Million)

9.1.1.6.1          Rest ofEurope: Stainless Steel Electrical Enclosures Market, by Mounting Type

9.1.1.6.2          Rest ofEurope: Stainless Steel Electrical Enclosures Market, by Industry

10.        Impact OF COVID-19 Pandemic on Europe Stainless Steel ElectricalEnclosures Market

10.1      Europe: Impactassessment of COVID-19 Pandemic

11.        Europe Stainless Steel Electrical Enclosures Market-IndustryLandscape

11.1      Overview

11.2      Market Initiative

11.3      Merger andAcquisition

11.4      New Development

12.        Company Profiles

12.1      ABB Ltd.

12.1.1     Key Facts

12.1.2     BusinessDescription

12.1.3     Products andServices

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      CUBIC-MODULSYSTEMA/S

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products andServices

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      DELVALLE BOX

12.3.1     Key Facts

12.3.2     BusinessDescription

12.3.3     Products andServices

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      ElectrixInternational Ltd.

12.4.1     Key Facts

12.4.2     BusinessDescription

12.4.3     Products andServices

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      ETA S.P.A.

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products andServices

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      EURO INOX QUALITYSRL

12.6.1     Key Facts

12.6.2     BusinessDescription

12.6.3     Products andServices

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7      Ilinox SRL

12.7.1     Key Facts

12.7.2     BusinessDescription

12.7.3     Products andServices

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8      MP GAMMA SRL

12.8.1     Key Facts

12.8.2     BusinessDescription

12.8.3     Products andServices

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

12.9      nVent Hoffman

12.9.1     Key Facts

12.9.2     BusinessDescription

12.9.3     Products andServices

12.9.4     Financial Overview

12.9.5     SWOT Analysis

12.9.6     Key Developments

12.10   RITTAL GMBH & CO. KG

12.10.1  Key Facts

12.10.2  Business Description

12.10.3  Products and Services

12.10.4  Financial Overview

12.10.5  SWOT Analysis

12.10.6  Key Developments

12.11   Schneider Electric SE

12.11.1  Key Facts

12.11.2  Business Description

12.11.3  Products and Services

12.11.4  Financial Overview

12.11.5  SWOT Analysis

12.11.6  Key Developments

12.12   ZANARDO S.P.A

12.12.1  Key Facts

12.12.2  Business Description

12.12.3  Products and Services

12.12.4  Financial Overview

12.12.5  SWOT Analysis

12.12.6  Key Developments

13.        Appendix

13.1      About The InsightPartners

13.2      Word Index

 


LIST OF TABLES

Table 1.             Europe Stainless Steel Electrical Enclosures Market – Revenue andForecast to 2027 (US$ Million)

Table 2.             Germany: Stainless Steel Electrical Enclosures Market, by MountingType –Revenue and Forecast to 2027 (US$ Million)

Table 3.             Germany: Stainless Steel Electrical Enclosures Market, by Industry–Revenue and Forecast to 2027 (US$ Million)

Table 4.             France: Stainless Steel Electrical Enclosures Market, by MountingType –Revenue and Forecast to 2027 (US$ Million)

Table 5.             France: Stainless Steel Electrical Enclosures Market, by Industry–Revenue and Forecast to 2027 (US$ Million)

Table 6.             Italy: Stainless Steel Electrical Enclosures Market, by MountingType –Revenue and Forecast to 2027 (US$ Million)

Table 7.             Italy: Stainless Steel Electrical Enclosures Market, by Industry–Revenue and Forecast to 2027 (US$ Million)

Table 8.             UK: Stainless Steel Electrical Enclosures Market, by Mounting Type–Revenue and Forecast to 2027 (US$ Million)

Table 9.             UK: Stainless Steel Electrical Enclosures Market, by Industry–Revenue and Forecast to 2027 (US$ Million)

Table 10.          Spain: Stainless Steel Electrical Enclosures Market, by MountingType –Revenue and Forecast to 2027 (US$ Million)

Table 11.          Spain: Stainless Steel Electrical Enclosures Market, by Industry–Revenue and Forecast to 2027 (US$ Million)

Table 12.          Rest of Europe: Stainless Steel Electrical Enclosures Market, byMounting Type –Revenue and Forecast to 2027 (US$ Million)

Table 13.          Rest of Europe: Stainless Steel Electrical Enclosures Market, byIndustry –Revenue and Forecast to 2027 (US$ Million)

Table 14.          List of Abbreviation

 


LIST OF FIGURES

Figure 1.           Stainless Steel Electrical Enclosures Market Segmentation

Figure 2.           Europe Stainless Steel Electrical Enclosures Market Overview

Figure 3.           Stainless Steel Electrical Enclosures Market, by Mounting Type

Figure 4.           Stainless Steel Electrical Enclosures Market, By Industry

Figure 5.           Europe – PEST Analysis

Figure 6.           Europe Stainless Steel Electrical Enclosures Market – EcosystemAnalysis

Figure 7.           Stainless Steel Electrical Enclosures Market Impact Analysis ofDrivers and Restraints

Figure 8.           Europe: Stainless Steel Electrical Enclosures Market – Revenue andForecast To 2027 (US$ Million)

Figure 9.           Stainless Steel Electrical Enclosures Market Breakdown, by MountingType (2019 and 2027)

Figure 10.        Wall–Mounted Market Revenue and Forecast to 2027 (US$ Million)

Figure 11.        Free–Standing Market Revenue and Forecast To 2027 (US$ Million)

Figure 12.        Others Market Revenue and Forecast To 2027 (US$ Million)

Figure 13.        Stainless Steel Electrical Enclosures Market Breakdown, by Industry(2019 and 2027)

Figure 14.        Food & Beverages Market Revenue and Forecast to 2027 (US$Million)

Figure 15.        Medical & Pharmaceuticals Market Revenue and Forecast To 2027(US$ Million)

Figure 16.        Energy & Power Market Revenue and Forecast To 2027 (US$ Million)

Figure 17.        Logistics & Transportation Market Revenue and Forecast To 2027(US$ Million)

Figure 18.        Oil & Gas Market Revenue and Forecast To 2027 (US$ Million)

Figure 19.        Others Market Revenue and Forecast To 2027 (US$ Million)

Figure 20.        Europe: Stainless Steel Electrical Enclosures Share, By Country(2019 and 2027)

Figure 21.        Germany: Stainless Steel Electrical Enclosures Market – Revenue andForecast To 2027 (US$ Million)

Figure 22.        France: Stainless Steel Electrical Enclosures Market – Revenue andForecast To 2027 (US$ Million)

Figure 23.        Italy: Stainless Steel Electrical Enclosures Market – Revenue andForecast To 2027 (US$ Million)

Figure 24.        UK: Stainless Steel Electrical Enclosures Market – Revenue andForecast To 2027 (US$ Million)

Figure 25.        Spain: Stainless Steel Electrical Enclosures Market – Revenue andForecast To 2027 (US$ Million)

Figure 26.        Rest of Europe: Stainless Steel Electrical Enclosures Market –Revenue and Forecast To 2027 (US$ Million)

Figure 27.        Impact of COVID-19 Pandemic in Europe Country Markets


The List of Companies- Europe Stainless Steel Electrical Enclosures Market

  1. ABB Ltd.
  2. CUBIC-MODULSYSTEMA/S
  3. DELVALLE BOX
  4. ElectrixInternational Ltd.
  5. ETA S.P.A.
  6. EURO INOX QUALITYSRL
  7. Ilinox SRL
  8. MP GAMMA SRL
  9. nVent Hoffman
  10. RITTAL GMBH & CO. KG
  11. Schneider Electric SE
  12. ZANARDO S.P.A  
  • Highlights key business priorities in orderto assist companies to realign their business strategies.
  • The key findings and recommendationshighlight crucial progressive industry trends in the Europe stainless steelenclosures market, thereby allowing players to develop effective long termstrategies.
  • Develop/modify business expansion plans byusing substantial growth offering developed and emerging markets.
  • Scrutinize In-depth European market trendsand outlook coupled with the factors driving the market, as well as thosehindering it.
  • Enhance the decision-making process byunderstanding the strategies that underpin commercial interest with respect tomounting type and end use industry.



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