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Asia-Pacific Electric Enclosure Market Size, Competitive Analysis, Share, Forecast- 2020-2026

Asia-Pacific Electric Enclosure Market Size, Competitive Analysis, Share, Forecast- 2020-2026

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Asia-Pacific Electric Enclosure Market Size, Competitive Analysis, Share, Forecast- 2020-2026

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  1. Orion Market Research Asia-Pacific Electric Enclosure Market Size, Competitive Analysis, Share, Forecast- 2020-2026 Request a Free Sample @ https://www.omrglobal.com/request-sample/asia-pacific-electric- enclosure-market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404

  2. Asia-Pacific electric enclosure market is estimated to grow at a CAGR of 5.3% during the forecast period. Rising industrialization is one of the vital factors accelerating market growth. As per the Center for International Knowledge on Development, China, in 2018, China’s industrial added value reached nearly $4,395.5 billion, 56.7 times compared to 1978, with an average annual growth rate of 10.6%. China is also actively working towards modernization of industrial infrastructure, which is also offering an opportunity for electric enclosures. For instance, in May 2015, the Chinese government revealed the Made in China (MIC) 2025 initiative which is intended to increase productivity and carry out advances in industrial processes. Under the initiative, the Chinese government is performing the task of advancing infrastructure and accelerate technological developments. This leads to an increasing demand for electric enclosures in industrial facilities to prevent physical damage to components and protect workers from accidentally contacting some parts. In industrial applications, enclosures are optimized for use for particularly fulfilling the requirements of the IoT and Industry 4.0. To @ https://www.omrglobal.com/request-sample/asia-pacific-electric-enclosure-market learn more about this report request a free sample copy The market is segmented based on material and vertical. Based on material, the market is classified into metallic and non-metallic. For solar power plants, outdoor electronic enclosures are primarily used, more particularly, non-metallic enclosures. Non-metallic enclosures are designed from materials including polycarbonate, durable plastic that offers a comprehensive range of benefits that make them ideal for solar power applications. Solar energy capacity in Asia increased from 206.3 GW in 2017 to 274.9 GW in 2018. Based on vertical, the market is classified into energy and utilities, industrial, it and telecommunication, process industries, and others. Browse for Full Report Description@https://www.omrglobal.com/industry-reports/asia- pacific-electric-enclosure-market Some key players in the market include ABB Ltd., Schneider Electric SE, nVent Electric plc, Legrand SA, and QNAP Systems, Inc. The strategies adopted by the market players to increase market share include mergers and acquisitions and partnerships and collaborations. For instance, in April 2020, QNAP Systems launched two USB 3.2 Gen 2 Type-C JBOD enclosure models which are intended to increase the flexibility of users' file-sharing and storage options. The multipurpose TL USB JBOD can be utilized for increasing a QNAP NAS storage space and act

  3. as a storage for PCs and NAS. These are the 8-bay desktop model TL-D800C, and the 12-bay rackmount with redundant power model TL-R1200C-RP for NAS, PCs, and servers. Asia-Pacific Electric Enclosure Market-Segmentation By Material Metallic Non-Metallic By Vertical Energy and Utilities Industrial (Automotive and Manufacturing) IT and Telecommunication Process Industries Others Asia-Pacific Electric Enclosure Market– Segment by Country China Japan India Rest of Asia-Pacific Company Profiles ABB Ltd. ElectroBox Hubbell Inc. Legrand SA Ningbo Dayang Enclosures Co., Ltd. Ningbo Sino Enclosure Co., Ltd. nVent Electric plc Rittal GmbH & Co. KG Schneider Electric SE TAKACHI Electronics Enclosure Co., Ltd. QNAP Systems, Inc.

  4. For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/asia-pacific-electric-enclosure-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404

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