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Author: Himanshu Patni
November 21, 2022
The global Genset Enclosure market is expected to grow at a CAGR of 6% during the period 2021-2027. The Genset Enclosure market demand is growing at a significant rate and is expected to witness influential growth during the forecasted period as well. Factors such as growing government restrictions to reduce noise pollution, growing power demand in the industrial sector across the globe and increasing need for protection of the workforce and workplace. Along with these, rising demand for hygienic enclosures in the food and beverages industry, and escalating adoption of industrial internet of things (IIoT) enabled enclosures, are also crucial factors expected to drive market growth in the upcoming years.
Furthermore, the acceptance of intelligent transport systems in the transportation vertical, and stringent government regulations regarding safety in the workplace are projected to offer profitable opportunities to the market outlook. Moreover, many key players employ sustainable energy strategies and invest significantly in environment-friendly power generation technologies with an aim to promote sustainable development among various nations around the world. Such factors are anticipated to promote the growth of the market in upcoming years.
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Based on the material type, the Genset Enclosure market is segmented into metallic and non-metallic. The metallic segment caters to extensive market share in the gensets enclosure market. It is mainly owing to its features such as metallic enclosures are stronger, and more durable than other materials. Moreover, Weather and sound attenuated enclosures are fabricated in sheet metal of a sufficient thickness to provide a rigid canopy that does not bend or flex with normal use which in turn is escalating the market size of gensets enclosure.
Based on the enclosure type, the gensets enclosure market is segmented into well-mounted, floor mounted, and underground. Wall-mounted segment caters extensive share of the gensets enclosure market. A wall mounting enclosure serves a double function of saving space, storing components, and safeguarding them from dirt, dust, and moisture. Moreover, wall-mounted enclosure types are generally used in industries to protect different electrical switches and terminal compartments.
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For a better understanding of the market adoption of the genset enclosure, the market is analyzed based on its worldwide presence in the countries such as North America (US, Canada, Rest of North America); Europe (Germany, UK, Spain, Italy, France, Rest of Europe); Asia Pacific (China, India, Japan, Rest of APAC); Rest of the World. North America is expected to hold an extensive share in the Genset Enclosure market and is expected to grow at an influential rate in the forecasted period as well. Factors such as attributing to the growing industrial automation and smart home integration, and high awareness about energy conservation in the region.
Some of the major players operating in EK Machine Co. Inc., N. S. Energy Group, Hennig Inc., KDM Steel, Apollo Power Systems Pvt. Ltd., Phoenix Products, Global Power Supply LLC, Metal Form Manufacturing LLC, Generator Source LLC, and GAL Power.
Global Genset Enclosure Market Segmentation
Market Insight, by Material Type
Market Insight, by Enclosure Type
Market Insight, by Industrial Vertical
Market Insight, by Region
Top Company Profiles
• EK Machine Co. Inc.
• N. S. Energy Group• Hennig Inc.• KDM Steel• Apollo Power Systems Pvt. Ltd.• Phoenix Products• Global Power Supply LLC• Metal Form Manufacturing LLC• Generator Source LLC• GAL Power
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