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Industrial Enclosures Market size is set to grow by USD 2.39 million from 2024-2028, Increasing use of electrical and electronic equipment in manufacturing processes boost the market, Technavio

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NEW YORK, June 7, 2024 /PRNewswire/ — The global industrial enclosures market size is estimated to grow by USD 2.39 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 5.27% during the forecast period. Increasing use of electrical and electronic equipment in manufacturing processes is driving market growth, with a trend towards growth in the smart cities market. However, increasing price competition due to volatile input cost poses a challenge. Key market players include ABB Ltd., AZZ Inc., BCH Electric Ltd., Berkshire Hathaway Inc., Chatsworth Products Inc., Eaton Corp. Plc, Emerson Electric Co., Friedhelm Loh Stiftung and Co. KG, HTE Technologies, Hubbell Inc., IMS Companies LLC, Industrial Enclosure Corp., KDM Steel, Legrand, nVent Electric Plc, Phoenix Contact GmbH and Co. KG, ROLEC Gehause Systeme GmbH, Rose Systemtechnik GmbH, Sanmina Corp., Schneider Electric SE, and TAKACHI ELECTRONICS ENCLOSURE Co. Ltd..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Industrial Enclosures Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.27%

Market growth 2024-2028

USD 2398.3 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.91

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 34%

Key countries

US, China, Japan, UK, and Germany

Key companies profiled

ABB Ltd., AZZ Inc., BCH Electric Ltd., Berkshire Hathaway Inc., Chatsworth Products Inc., Eaton Corp. Plc, Emerson Electric Co., Friedhelm Loh Stiftung and Co. KG, HTE Technologies, Hubbell Inc., IMS Companies LLC, Industrial Enclosure Corp., KDM Steel, Legrand, nVent Electric Plc, Phoenix Contact GmbH and Co. KG, ROLEC Gehause Systeme GmbH, Rose Systemtechnik GmbH, Sanmina Corp., Schneider Electric SE, and TAKACHI ELECTRONICS ENCLOSURE Co. Ltd.

Market Driver

The industrial enclosures market is experiencing growth due to the increasing demand for advanced infrastructure in smart cities. These enclosures protect electrical and electronic devices, such as sensors and wireless networks, from environmental factors. New enclosure designs are being developed to accommodate the unique needs of smart city infrastructure, including extreme weather resistance, easy access for maintenance, and integrated power and cooling solutions. This trend is expected to continue driving market growth during the forecast period.

The Industrial Enclosures market is experiencing significant growth, driven by the increasing demand for protective casings in various industries. According to recent reports, the market is seeing an uptick in demand for enclosures in sectors like automation, power, and renewable energy. The use of advanced materials like composites and alloys is also on the rise, as they offer superior protection against harsh environments.

Additionally, the trend towards miniaturization is leading to the development of smaller, more compact enclosures. The market is expected to continue growing, as industries seek to improve efficiency and productivity through the use of advanced technology and robust protective casings. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The industrial enclosures market is influenced by the cost of raw materials, particularly steel, rigid plastics, and aluminum. Price fluctuations in these materials directly impact fabrication costs, accounting for 65%-70% of the overall cost. In 2020, a 3.48% reduction in steel production in China is anticipated to create supply shortages, potentially increasing prices.Long-term contracts between major vendors and suppliers help mitigate these price fluctuations, but smaller vendors lack this financial resource. Consequently, raw material price instability may negatively impact the industrial enclosures market during the forecast period.The Industrial Enclosures Market faces several challenges in the procurement and production process. The key components, such as aluminum, cabinetry, controls, conveys, electric, fabricators, materials, panels, power, and sourcing, require careful consideration. The supply chain involves numerous players, including manufacturers, distributors, and suppliers. Ensuring quality and timely delivery is crucial.Additionally, the increasing complexity of enclosures, driven by technology advancements, adds to the challenge. Procurement of advanced materials like composites and complex shapes can be difficult. The cost pressure and the need for customization further complicate matters. Overall, the Industrial Enclosures Market demands effective supply chain management and continuous innovation to meet the evolving needs of industries.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

End-user 1.1 Process1.2 DiscreteType 2.1 Metallic2.2 Non-metallicGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Process- The industrial enclosures market continues to grow, driven by increasing demand for protective housing solutions in various industries. These enclosures shield equipment from harsh environments, ensuring optimal performance and longevity. Key industries, such as manufacturing, oil and gas, and renewable energy, are major contributors to this market’s expansion. As technology advances, enclosures are becoming more compact and customizable, catering to diverse application requirements. Overall, the industrial enclosures market is a vital component in industrial automation and process control systems.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Industrial Enclosures Market encompasses the production and distribution of protective housing solutions for workforce safety in energy-intensive industries. These enclosures adhere to stringent safety standards, safeguarding electrical components in various applications. Key product offerings include electrical enclosures, protective battery enclosures, and enclosures for electronic equipment. Global energy consumption in fossil fuel and nuclear energy sectors necessitates the use of robust enclosures to ensure non-hazardous conditions for personnel.

Alternative energy sources, such as solar and wind energy, also require protective enclosures for their electrical components. Seismic protection is a crucial consideration in the design of these enclosures, ensuring uninterrupted operation during natural disasters. Components such as distribution boards, contactors, control panels, and switches are housed within industrial enclosures to prevent electrical shock and maintain standard operating procedures. The market continues to evolve, addressing the growing demand for pollution-free renewable energy sources and adhering to evolving safety regulations.

Market Research Overview

The Industrial Enclosures Market encompasses the production and distribution of protective structures used in various industries. These enclosures shield industrial equipment from harsh environmental conditions, ensuring their optimal performance and longevity. Materials such as aluminum, stainless steel, and fiberglass are commonly used in their construction due to their durability and resistance to corrosion.

The market caters to diverse sectors, including automotive, oil and gas, power generation, and manufacturing, among others. Enclosures come in various sizes and configurations, including NEMA rated, IP rated, and explosion-proof, to accommodate different applications and industries. The market is driven by factors such as increasing automation in industries, growing demand for energy efficiency, and the need for enhanced safety and security.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userProcessDiscreteTypeMetallicNon-metallicGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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BLUETTI Previews Its EOFY 2025 Sale with Massive Savings and Giveaways

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SYDNEY, May 26, 2025 /PRNewswire/ — As the end of the financial year (EOFY) draws near, BLUETTI, a technology pioneer in clean energy, is gearing up to launch its EOFY 2025 Sale in Australia. From June 1 to June 30, BLUETTI is providing generous discounts on its popular portable power products, along with enticing giveaways and special online activities.

What to Expect from the BLUETTI EOFY 2025 Sale

Australian shoppers can enjoy massive savings on best-selling BLUETTI power stations, with discounts of up to 43% off and limited-time flash sales on select models. But that’s not all. To make the EOFY Sale even more rewarding, BLUETTI is offering:

Lucky Draws: Sign up on the BLUETTI website for a chance to win exciting prizes.Bulk Deals: Extra discounts available on selected products when purchasing multiple units — perfect for families, businesses, or group buyers.Social giveaways: Snag fantastic rewards by participating in social media campaigns.Additional savings: Spend above certain thresholds and get up to an additional 7% off.

Highlights of BLUETTI EOFY 2025 Sale

Most of BLUETTI products will join this shopping spree, with the Elite 200 V2, AC300+B300K, and AC180 being the standouts. Marking its second anniversary, the star product AC180 has won the hearts of over 4,500 Aussies since its launch. Many praise its capability of powering 1,800W high-wattage appliances while remaining portable at only 16 kg. So versatile, the AC180 can be ‘a better option than a second battery in your 4WD’, or function as a lifesaver to power TVs for a full game of rugby during power outages. 

Get Ready for BLUETTI EOFY 2025 Sale

Keen to score the best deals early? Head over to the BLUETTI website now—early EOFY Sale deals have already started from May 26!

About BLUETTI

As a technology pioneer in clean energy, BLUETTI is committed to a sustainable future by providing affordable green energy storage solutions for both indoor and outdoor use. Through initiatives like the LAAF (Lighting An African Family) program, BLUETTI is dedicated to bringing power to 1 million African families in off-grid areas. With a strong focus on innovation and customer needs, BLUETTI has established itself as a trusted industry leader in over 110 countries and regions.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/bluetti-previews-its-eofy-2025-sale-with-massive-savings-and-giveaways-302464734.html

SOURCE BLUETTI ENERGY PTY LTD

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DataCore Strengthens Hyperconverged Infrastructure Leadership Across Edge, Remote Offices, and Small Business Markets with the Acquisition of StarWind

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The addition of StarWind expands DataCore’s reach in hyperconverged infrastructure capabilities to edge environments – building on its proven expertise in core data centers.

FORT LAUDERDALE, Fla., May 25, 2025 /PRNewswire-PRWeb/ — DataCore Software, a leader in data infrastructure and management solutions, today announced its acquisition of StarWind Software, a trusted brand in hyper-converged infrastructure (HCI) for edge and remote office/branch office (ROBO) environments, serving the unique requirements of small and mid-sized businesses. The acquisition extends DataCore’s reach beyond the core data center, enabling the delivery of streamlined, software-defined HCI solutions across highly distributed operations.

As businesses generate increasing volumes of mission-critical data at the edge, the need for simplified, scalable infrastructure has become a top priority. Gartner estimates that around 75% of enterprise data globally will be created and processed outside of traditional data centers. This shift is evident across numerous scenarios including retail chains processing in-store analytics, manufacturers preventing equipment failures with real-time monitoring, healthcare providers managing distributed patient data, and financial institutions requiring branch-level transaction processing. With StarWind’s technology, DataCore addresses these demands by offering a unified approach to HCI that reduces complexity and enhances operational efficiency across heterogeneous architectures.

The combined company now offers one of the industry’s most comprehensive storage portfolios – spanning block, file, S3 object, and container-native storage. This broader scope aligns with DataCore.NEXT, the company’s strategic vision to support diverse workloads and deployment models across core, edge, and cloud environments through flexible, best-of-breed software-defined solutions.

“This acquisition represents a significant leap toward realizing our DataCore.NEXT vision,” said Dave Zabrowski, CEO of DataCore. “Merging our strengths with StarWind’s trusted edge and ROBO expertise allows us to deliver reliable HCI that works seamlessly from central data centers to the most remote locations. We are focused on giving organizations greater choice, control, and a more straightforward path for managing data wherever it resides.”

Managing IT across branch, remote, and edge locations brings growing pressure to do more with fewer resources. With tighter budgets and limited onsite staff, organizations demand resilient, low-footprint platforms that are easy to deploy and manage. The joint capabilities of DataCore and StarWind directly address this need, providing an attractive alternative to legacy HCI approaches.

Virtual Effect, a long-standing DataCore partner, welcomed the news of the acquisition. “We love the DataCore.NEXT vision, which optimizes how customers manage data across core, cloud, and edge environments,” said John Greenwood, Chief Strategy Officer at Virtual Effect. “DataCore already leads the industry with one of the broadest software-defined storage portfolios. The addition of StarWind brings another best-in-class solution into the fold, further strengthening their edge offerings and reinforcing their commitment to customer agility and infrastructure independence.”

“Joining the DataCore family allows us to bring our high-performance virtual SAN technology to a wider audience,” said Anton Kolomyeytsev, CEO of StarWind. “With growing uncertainty around Broadcom-VMware’s vSAN licensing and pricing—particularly in distributed and cost-sensitive environments – organizations are rethinking their infrastructure strategies. Together with DataCore, we are delivering greater flexibility, performance, and freedom from hardware and hypervisor lock-in without compromising simplicity or control.”

To learn how these solutions can help your organization, contact DataCore today.

About DataCore

DataCore Software delivers the industry’s most flexible, intelligent, and powerful software-defined storage solutions for the core, edge, and cloud. With a comprehensive product suite, intellectual property portfolio, and unrivaled experience in storage virtualization and advanced data services, DataCore has helped over 10,000 customers worldwide modernize how they store, protect, and access data. For more information, visit datacore.com.

About StarWind

Since 2008, StarWind has been at the forefront of hyperconverged infrastructure, providing scalable and reliable solutions for organizations worldwide. Trusted by global brands, StarWind combines innovation, simplicity, and performance to deliver exceptional value to its customers. For more information about StarWind and its cutting-edge HCI solutions, visit www.starwind.com.

Media Contact

Mariia Kholotii, StarWind, 1 617 829 4495, maria.holotii@starwind.com, https://www.starwindsoftware.com/

Michel Portelli, DataCore Software, pr@datacore.com, https://www.datacore.com/

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SOURCE StarWind

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Ctrl Alt and Dubai Land Department Go Live with Tokenized Real Estate, Forecasts $16B Market by 2033

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DUBAI, UAE, May 25, 2025 /PRNewswire/ — Leading tokenization infrastructure platform, Ctrl Alt has been announced as the tokenization partner for Dubai Land Department’s (DLD) pioneering Real Estate Tokenization Project. Launched today, the initiative in collaboration with the Virtual Assets Regulatory Authority (VARA), the Dubai Future Foundation and PRYPCO, marks a monumental step for asset tokenization and the future of property investment in the Emirate.

As the designated tokenization provider for the project, Ctrl Alt brings deep expertise in financial engineering and digital asset infrastructure. The DLD and Ctrl Alt have worked closely together on the development of a secure and compliant tokenization framework, focusing on structuring, minting and placing real estate title deed tokens on-chain. The XRP Ledger (XRPL), a decentralized layer 1 blockchain renowned for its decade-long reliability and stability in tokenizing and exchanging digital and real-world assets, has been selected as the blockchain of choice for the project. Additionally, Ctrl Alt has integrated directly with the DLD to synchronize both digital and traditional real estate ledgers, ensuring coordination between the on-chain and the conventional property registration system. This enables a fully integrated and transparent tokenization process that aligns with local regulations and enhances investor confidence.

The project has been developed under the Real Estate Evolution Space Initiative (REES) and marks the first time in the Middle East that a government real estate registration authority has implemented a public blockchain-based tokenization of property title deeds. With this move, the DLD is leading the charge toward a more accessible, transparent and efficient real estate market, enabling fractional ownership, broadening investor participation and enhancing operational efficiency.

By leveraging native tokenization, ownership of real estate has been fractionalized, allowing multiple investors to co-own a single property. This is achieved through the PRYPCO Mint real estate platform, which is now live and allows investors to participate with a starting minimum investment of AED 2,000. EID holders are able to participate at mint.prypco.com.

The initiative is projected to contribute to the growth of an AED 60 billion ($16 billion) tokenized real estate market by 2033, equivalent to 7% of Dubai’s total property transactions.

Matt Ong, CEO and Founder, Ctrl Alt said, “We’ve been working closely with the DLD on this project for some time, and we’re delighted to be taking this major step together to bring real estate investment to a wider audience. As experts in the space, we are proud to create the tokenization infrastructure that enables DLD’s partners to offer fractional real estate to investors. Dubai’s leadership in embracing next-generation financial technologies is truly world-class and this project is a powerful signal of what’s to come. We’re thrilled to launch this pilot and continue building with DLD in the months ahead.”

This strategic initiative aligns with the objectives of Dubai’s Real Estate Sector Strategy 2033 and the broader Dubai Economic Agenda (D33), both of which prioritize the adoption of digital solutions to boost economic competitiveness, attract global investment and modernize key sectors.

About Ctrl Alt

Ctrl Alt is a leading tokenization infrastructure platform, combining blockchain technology with expert financial engineering to deliver tailored, compliant solutions in the alternative assets space. As of May 1, 2025, Ctrl Alt has tokenized over $295 million in assets, spanning real estate, private credit, funds, litigation finance and more.

For further information, visit www.ctrl-alt.co or contact info@ctrl-alt.co.

Ctrl Alt Solutions DMCC is licensed by the Dubai Virtual Assets Regulatory Authority (reference: VL/25/05/002) as a Broker-Dealer and as an Issuer. Our principal office is located at Level No 12, Uptown Tower, Dubai.

 

Virtual Assets may lose their value in full or in part, and are subject to extreme volatility.
Investors in Virtual Assets can lose all their money and do not benefit from any form of
financial protection.

Media contact:

Lawrence Chiu
press@ctrl-alt.co 

Logo – https://mma.prnewswire.com/media/2695623/Ctrl_Alt_Logo.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/ctrl-alt-and-dubai-land-department-go-live-with-tokenized-real-estate-forecasts-16b-market-by-2033-302464841.html

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