COVID-19 Pandemic Impact on Global Industrial Enclosures Market 2020-2024 | Technavio

The industrial enclosures market is expected to register a CAGR of almost 5% during 2020-2024, as per the latest research report by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios.

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Due to the extensive spread of the virus across the globe, the Industrials Industry is anticipated to have Negative impact. The industrial enclosures market will showcase Negative impact during 2020-2024.

Industrial Enclosures Market 2020-2024: Segmentation

Industrial Enclosures Market is segmented as below:

• Type
  • Metallic
  • Non-metallic
• Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America

APAC region will account for the highest incremental growth during the forecast period due to the increasing use of electrical and electronic equipment in manufacturing processes.

With the surging growth of COVID-19 pandemic, the Industrials market is anticipated to have an Indirect impact during the forecast period. View market snapshot before purchasing

Increasing use of electrical and electronic equipment in manufacturing processes has been an instrumental factor in influencing the growth of industrial enclosures market. Other market drivers include stringent standards for enclosure design and increased adoption of automation and communication technologies. Technavio offers custom research analysis on the crucial pointers to highlight the impact of COVID-19 on the market across the supply chain.

Key Considerations for Market Forecast:

• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
• Pre- as well as post-COVID-19 market estimates
• Quarterly impact analysis and updates on market estimates

Get more insights about the global trends impacting the future of industrial enclosures market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR43074

Industrial Enclosures Market 2020-2024: Vendor Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Key players in the market have been launching several initiatives and introducing innovative products and services to cater a larger target audience during the pandemic. Major market participants include ABB Ltd., Berkshire Hathaway Inc., Eaton Corporation Plc, Emerson Electric Co., Hubbell Inc., IMS Companies LLC, nVent Electric Plc, Rittal GmbH & Co. KG, Sanmina Corp., and Schneider Electric SE.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform

Table of Contents:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by End-user

• Market segments
• Comparison by End-user
• Process - Market size and forecast 2019-2024
• Discrete - Market size and forecast 2019-2024
• Market opportunity by End-user

Market Segmentation by Type

• Market segments
• Comparison by Type
• Metallic - Market size and forecast 2019-2024
• Non-metallic - Market size and forecast 2019-2024
• Market opportunity by Type

Customer landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• ABB Ltd.
• Berkshire Hathaway Inc.
• Eaton Corporation Plc
• Emerson Electric Co.
• Hubbell Inc.
• IMS Companies LLC
• nVent Electric Plc
• Rittal GmbH & Co. KG
• Sanmina Corp.
• Schneider Electric SE

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations 

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