Cover Page_Global Plastic Enclosures Market

Global Plastic Enclosures Market By Types (Hand-held Enclosures, Free Standing Enclosures, Wall-mount Enclosures, and Desk-Top Enclosures), Materials (ABS, Acrylic, Polystyrene, Foamed/Expanded PVC, Polycarbonate, Polyamide, Others), Verticals (Power Generation & Distribution, Oil & Gas, Metals & Mining, Medical, Pulp & Paper, Food & Beverage, Automotive & Transportation, Others), and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa)

  • Report ID: MC-206
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 4
  • No. Of Pages: 258
  • Format:
  • Pub. Date: 01-01-2020
  • Share:

Market Outlook:

The global plastic enclosures market was valued at USD 2,003 Million in 2019 and is projected to reach USD 2,714 Million by 2027, expanding at a CAGR of 4.9% during the forecast period. Plastic enclosures are designed to protect sensitive electronic & electrical components, medical components, and other devices or components. According to the National Electrical Manufacturers Association (NEMA), an enclosure is a cabinet designed for providing the personnel with some protection against incidental contact with the enclosed equipment and specified environmental conditions. The plastic enclosure market is driven by rising investments in the electrical engineering & electronics industry in several countries, increasing demand for industrial Internet of Things (IoT) devices and applications, and growing urbanization in developing countries. However, low recycling capabilities for plastics and increasing carbon footprint globally are anticipated to hamper the market during the forecast period.

Global Plastic Enclosures Market Key Takeaways

Market Dynamics
Drivers

Market dynamics are changing rapidly in the electrical engineering & electronics industry. According to statistics, globally, the industry was valued around USD 5.0 trillion. China generated approximately 40% of the global revenues from the electrical engineering and electronics industry. This has created a surge in an increase in competitive establishments in the electrical engineering and electronics industry. This rise in the number of industry participants has fueled the demand for electrical plastic enclosures, as these engineered cases play a pivotal role in protecting electronics and electrical components.

Plastic enclosures are used to accommodate sensors used in the networking of IoT devices to make them work effectively. The industrial IoT significantly impacts the companies’ ability to manage the data and functions efficiently. Several countries are continuously investing in IoT technologies. According to statistics, the US invested around USD 194 billion in 2019, followed by China ranking second with a total investment of USD 182 billion. This high usage of IoT devices among industries is expected to boost the market.

Restraints
Carbon footprint is a major concern globally and is expected to be a major factor hindering the market. Plastics enclosures negatively impact and cause climatic change. The production and disposal of plastic emits significantly high amounts of greenhouse gases (GHG), especially during its incineration. Plastic is a non-biodegradable material that can harm the environment and cause pollution. Manufacturing of plastics enclosures creates large quantities of GHG. To overcome this issue, several manufacturers and industries are adopting metal- or alloy-based plastic enclosures.

Opportunities
Advancements in the robotics and automation sectors in several developing countries are creating several opportunities in the global market. Increasing automation investments in countries such as China and Singapore, which in turn, has influenced other developing nations to increase their investments. The emergence of several local players in many countries due to favoring government reforms is also expected to create significant growth opportunities in the global market.

Segmental Outlook

On the basis of types, the global plastic enclosures market is categorized as hand-held enclosures, free standing enclosures, wall-mount enclosures, desk-top enclosures, and others. The wall-mount enclosures segment is expected to hold 26.8% share of the global market. The hand-held enclosures segment is projected to expand at a considerable pace of 5.8% during the forecast period. The high growth of the hand-held enclosures segment is attributed to its ability to be used for indoor and outdoor applications. These enclosures have higher compatibility and are resistant to most of the environment risks. High durability and lightweight characteristics of hand-held enclosures makes increases its demand in several electronics applications.

Global Plastic Enclosures Market By Type

Based on materials, the market is classified as ABS, acrylic, polystyrene, foamed/expanded PVC, polycarbonate, polyamide, and others. The ABS segment accounts for a major share of the market while the polycarbonate segment is anticipated to expand at a high CAGR of 5.7% during the forecast period. The growth of the polycarbonate segment is attributed to its ability of being very high impact resistance material offering longevity of protection to the devices and/or equipment enclosed. Polycarbonate has a minimum life expectance ranging from 20 to 25 years. The use of polycarbonate makes the enclosures lightweight and versatile. Additionally, polycarbonate enclosures are easier to mold than other plastic materials, while its lightweight characteristics reduce the cost of transportation of the product. These factors are boosting the growth of the segment.

Global Plastic Enclosures Market By Material

On the basis of verticals, the plastic enclosures market is classified into power generation & distribution, oil & gas, metals & mining, medical, food & beverage, transportation, and others. The power generation & distribution segment is estimated to constitute a major share of the global market and is also anticipated to expand at a substantial CAGR during the forecast period.

Rise in the consumption of electricity in the recent few years is propelling investments in the power generation and distribution industry across several regions. According to statistics, the worldwide energy generation grew from 24.8 trillion kilowatt hours (kWh) in 2018 to approximately 44.3 trillion kWh by 2050. Surge in consumption of electricity and distribution of electricity is expected to fuel the demand for plastic enclosures, thus driving the growth of the plastic enclosure market.

Additionally, governments in numerous countries are shifting their focus on generating electricity through renewable sources, which is expected to create several growth opportunities for companies engaged in providing plastic enclosure for devices or components.

Regional Outlook

Based on regions, the plastic enclosures market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific is projected to account for a large share of the global market and is expected to grow at a substantial pace during the forecast period.

The high growth of the plastic enclosure market in Asia Pacific is attributed to rising investments in the power generation & distribution industry by several countries including China, India, and Japan. Presence of several major plastic producers in the region is a key factor propelling the market in the region.

The market North America is expected to hold a significant share of the market due to increasing industrial automation and smart cities integration in the region. Additionally, the growth of the oil & gas sector in the region is increasing demand for plastic enclosures in the region.

Global Plastic Enclosures Market By Region

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global Plastic Enclosures Market
  • Historical, Current and Projected Market Size in terms of Value
  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on Global Plastic Enclosures Market Performance
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Plastic Enclosures Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Plastic Enclosures Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Plastic Enclosures Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Plastic Enclosures Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Plastic Enclosures Market Size & Forecast, 2017-2027
      4.5.1 Plastic Enclosures Market Size and Y-o-Y Growth
      4.5.2 Plastic Enclosures Market Absolute $ Opportunity
   4.6 Pricing Analysis & Forecast, By Type, 2017-2027
   4.7 Global Plastic Enclosures Market: Impact Of Key Regulations
   4.8 Electrical Appliances Industry Growth Analysis
   4.9 Electrical Enclosures Market Trends Overview
   4.10 New Product Launches from Companies
   4.11 Product Innovation/Technology Landscape
   4.12 Plastic Enclosures Potential Issues Analyzing and Manufacturing Initiatives Overview
Chapter 5 Global Plastic Enclosures Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type
   5.2 Plastic Enclosures Market Size & Volume Forecast By Type
      5.2.1 Hand-held Enclosures
      5.2.2 Free Standing Enclosures
      5.2.3 Wall-mount Enclosures
      5.2.4 Desk-top Enclosures
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Plastic Enclosures Market Analysis and Forecast By Materials
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Materials
      6.1.2 Basis Point Share (BPS) Analysis By Materials
      6.1.3 Absolute $ Opportunity Assessment By Materials
   6.2 Plastic Enclosures Market Size & Volume Forecast By Materials
      6.2.1 ABS
      6.2.2 Acrylic
      6.2.3 Polystyrene
      6.2.4 Foamed/Expanded PVC
      6.2.5 Polycarbonate
      6.2.6 Polyamide
      6.2.7 Others
   6.3 Market Attractiveness Analysis By Materials
Chapter 7 Global Plastic Enclosures Market Analysis and Forecast By Verticals
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities By Verticals
      7.1.2 Basis Point Share (BPS) Analysis By Verticals
      7.1.3 Absolute $ Opportunity Assessment By Verticals
   7.2 Plastic Enclosures Market Size & Volume Forecast By Verticals
      7.2.1 Power Generation & Distribution
      7.2.2 Oil & Gas
      7.2.3 Metals & Mining
      7.2.4 Medical
      7.2.5 Pulp & Paper
      7.2.6 Food & Beverage
      7.2.7 Automotive & Transportation
      7.2.8 Others
   7.3 Market Attractiveness Analysis By Verticals
Chapter 8 Global Plastic Enclosures Market Analysis and Forecast by Region
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities by Region
      8.1.2 Basis Point Share (BPS) Analysis by Region
      8.1.3 Absolute $ Opportunity Assessment by Region
   8.2 Plastic Enclosures Market Size & Volume Forecast by Region
      8.2.1 North America
      8.2.2 Europe
      8.2.3 Asia Pacific
      8.2.4 Latin America
      8.2.5 Middle East & Africa (MEA)
   8.3 Market Attractiveness Analysis by Region
Chapter 9 Coronavirus Disease (COVID-19) Impact
   9.1 Introduction
   9.2 Current & Future Impact Analysis
   9.3 Economic Impact Analysis
   9.4 Government Policies
   9.5 Investment Scenario
Chapter 10 North America Plastic Enclosures Analysis and Forecast
   10.1 Introduction
   10.2 North America Plastic Enclosures Market Size & Volume Forecast by Country
      10.2.1 U.S.
      10.2.2 Canada
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 North America Plastic Enclosures Market Size & Volume Forecast By Type
      10.6.1 Hand-held Enclosures
      10.6.2 Free Standing Enclosures
      10.6.3 Wall-mount Enclosures
      10.6.4 Desk-top Enclosures
   10.7 Basis Point Share (BPS) Analysis By Type
   10.8 Absolute $ Opportunity Assessment By Type
   10.9 Market Attractiveness Analysis By Type
   10.10 North America Plastic Enclosures Market Size & Volume Forecast By Materials
      10.10.1 ABS
      10.10.2 Acrylic
      10.10.3 Polystyrene
      10.10.4 Foamed/Expanded PVC
      10.10.5 Polycarbonate
      10.10.6 Polyamide
      10.10.7 Others
   10.11 Basis Point Share (BPS) Analysis By Materials
   10.12 Absolute $ Opportunity Assessment By Materials
   10.13 Market Attractiveness Analysis By Materials
   10.14 North America Plastic Enclosures Market Size & Volume Forecast By Verticals
      10.14.1 Power Generation & Distribution
      10.14.2 Oil & Gas
      10.14.3 Metals & Mining
      10.14.4 Medical
      10.14.5 Pulp & Paper
      10.14.6 Food & Beverage
      10.14.7 Automotive & Transportation
      10.14.8 Others
   10.15 Basis Point Share (BPS) Analysis By Verticals
   10.16 Absolute $ Opportunity Assessment By Verticals
   10.17 Market Attractiveness Analysis By Verticals
Chapter 11 Europe Plastic Enclosures Analysis and Forecast
   11.1 Introduction
   11.2 Europe Plastic Enclosures Market Size & Volume Forecast by Country
      11.2.1 Germany
      11.2.2 France
      11.2.3 Italy
      11.2.4 U.K.
      11.2.5 Spain
      11.2.6 Russia
      11.2.7 Rest of Europe
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Europe Plastic Enclosures Market Size & Volume Forecast By Type
      11.6.1 Hand-held Enclosures
      11.6.2 Free Standing Enclosures
      11.6.3 Wall-mount Enclosures
      11.6.4 Desk-top Enclosures
   11.7 Basis Point Share (BPS) Analysis By Type
   11.8 Absolute $ Opportunity Assessment By Type
   11.9 Market Attractiveness Analysis By Type
   11.10 Europe Plastic Enclosures Market Size & Volume Forecast By Materials
      11.10.1 ABS
      11.10.2 Acrylic
      11.10.3 Polystyrene
      11.10.4 Foamed/Expanded PVC
      11.10.5 Polycarbonate
      11.10.6 Polyamide
      11.10.7 Others
   11.11 Basis Point Share (BPS) Analysis By Materials
   11.12 Absolute $ Opportunity Assessment By Materials
   11.13 Market Attractiveness Analysis By Materials
   11.14 Europe Plastic Enclosures Market Size & Volume Forecast By Verticals
      11.14.1 Power Generation & Distribution
      11.14.2 Oil & Gas
      11.14.3 Metals & Mining
      11.14.4 Medical
      11.14.5 Pulp & Paper
      11.14.6 Food & Beverage
      11.14.7 Automotive & Transportation
      11.14.8 Others
   11.15 Basis Point Share (BPS) Analysis By Verticals
   11.16 Absolute $ Opportunity Assessment By Verticals
   11.17 Market Attractiveness Analysis By Verticals
Chapter 12 Asia Pacific Plastic Enclosures Analysis and Forecast
   12.1 Introduction
   12.2 Asia Pacific Plastic Enclosures Market Size & Volume Forecast by Country
      12.2.1 China
      12.2.2 Japan
      12.2.3 South Korea
      12.2.4 India
      12.2.5 Australia
      12.2.6 South East Asia (SEA)
      12.2.7 Rest of Asia Pacific (APAC)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Asia Pacific Plastic Enclosures Market Size & Volume Forecast By Type
      12.6.1 Hand-held Enclosures
      12.6.2 Free Standing Enclosures
      12.6.3 Wall-mount Enclosures
      12.6.4 Desk-top Enclosures
   12.7 Basis Point Share (BPS) Analysis By Type
   12.8 Absolute $ Opportunity Assessment By Type
   12.9 Market Attractiveness Analysis By Type
   12.10 Asia Pacific Plastic Enclosures Market Size & Volume Forecast By Materials
      12.10.1 ABS
      12.10.2 Acrylic
      12.10.3 Polystyrene
      12.10.4 Foamed/Expanded PVC
      12.10.5 Polycarbonate
      12.10.6 Polyamide
      12.10.7 Others
   12.11 Basis Point Share (BPS) Analysis By Materials
   12.12 Absolute $ Opportunity Assessment By Materials
   12.13 Market Attractiveness Analysis By Materials
   12.14 Asia Pacific Plastic Enclosures Market Size & Volume Forecast By Verticals
      12.14.1 Power Generation & Distribution
      12.14.2 Oil & Gas
      12.14.3 Metals & Mining
      12.14.4 Medical
      12.14.5 Pulp & Paper
      12.14.6 Food & Beverage
      12.14.7 Automotive & Transportation
      12.14.8 Others
   12.15 Basis Point Share (BPS) Analysis By Verticals
   12.16 Absolute $ Opportunity Assessment By Verticals
   12.17 Market Attractiveness Analysis By Verticals
Chapter 13 Latin America Plastic Enclosures Analysis and Forecast
   13.1 Introduction
   13.2 Latin America Plastic Enclosures Market Size & Volume Forecast by Country
      13.2.1 Brazil
      13.2.2 Mexico
      13.2.3 Rest of Latin America (LATAM)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Latin America Plastic Enclosures Market Size & Volume Forecast By Type
      13.6.1 Hand-held Enclosures
      13.6.2 Free Standing Enclosures
      13.6.3 Wall-mount Enclosures
      13.6.4 Desk-top Enclosures
   13.7 Basis Point Share (BPS) Analysis By Type
   13.8 Absolute $ Opportunity Assessment By Type
   13.9 Market Attractiveness Analysis By Type
   13.10 Latin America Plastic Enclosures Market Size & Volume Forecast By Materials
      13.10.1 ABS
      13.10.2 Acrylic
      13.10.3 Polystyrene
      13.10.4 Foamed/Expanded PVC
      13.10.5 Polycarbonate
      13.10.6 Polyamide
      13.10.7 Others
   13.11 Basis Point Share (BPS) Analysis By Materials
   13.12 Absolute $ Opportunity Assessment By Materials
   13.13 Market Attractiveness Analysis By Materials
   13.14 Latin America Plastic Enclosures Market Size & Volume Forecast By Verticals
      13.14.1 Power Generation & Distribution
      13.14.2 Oil & Gas
      13.14.3 Metals & Mining
      13.14.4 Medical
      13.14.5 Pulp & Paper
      13.14.6 Food & Beverage
      13.14.7 Automotive & Transportation
      13.14.8 Others
   13.15 Basis Point Share (BPS) Analysis By Verticals
   13.16 Absolute $ Opportunity Assessment By Verticals
   13.17 Market Attractiveness Analysis By Verticals
Chapter 14 Middle East & Africa (MEA) Plastic Enclosures Analysis and Forecast
   14.1 Introduction
   14.2 Middle East & Africa (MEA) Plastic Enclosures Market Size & Volume Forecast by Country
      14.2.1 Saudi Arabia
      14.2.2 South Africa
      14.2.3 UAE
      14.2.4 Rest of Middle East & Africa (MEA)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Middle East & Africa (MEA) Plastic Enclosures Market Size & Volume Forecast By Type
      14.6.1 Hand-held Enclosures
      14.6.2 Free Standing Enclosures
      14.6.3 Wall-mount Enclosures
      14.6.4 Desk-top Enclosures
   14.7 Basis Point Share (BPS) Analysis By Type
   14.8 Absolute $ Opportunity Assessment By Type
   14.9 Market Attractiveness Analysis By Type
   14.10 Middle East & Africa (MEA) Plastic Enclosures Market Size & Volume Forecast By Materials
      14.10.1 ABS
      14.10.2 Acrylic
      14.10.3 Polystyrene
      14.10.4 Foamed/Expanded PVC
      14.10.5 Polycarbonate
      14.10.6 Polyamide
      14.10.7 Others
   14.11 Basis Point Share (BPS) Analysis By Materials
   14.12 Absolute $ Opportunity Assessment By Materials
   14.13 Market Attractiveness Analysis By Materials
   14.14 Middle East & Africa (MEA) Plastic Enclosures Market Size & Volume Forecast By Verticals
      14.14.1 Power Generation & Distribution
      14.14.2 Oil & Gas
      14.14.3 Metals & Mining
      14.14.4 Medical
      14.14.5 Pulp & Paper
      14.14.6 Food & Beverage
      14.14.7 Automotive & Transportation
      14.14.8 Others
   14.15 Basis Point Share (BPS) Analysis By Verticals
   14.16 Absolute $ Opportunity Assessment By Verticals
   14.17 Market Attractiveness Analysis By Verticals
Chapter 15 Competition Landscape
   15.1 Plastic Enclosures Market: Competitive Dashboard
   15.2 Global Plastic Enclosures Market: Market Share Analysis, 2020
   15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      15.3.1 Bopla Gehause Systeme GmbH
      15.3.2 Envision Plastics & Design
      15.3.3 Fibox Enclosures
      15.3.4 Hammond Manufacturing Ltd.
      15.3.5 Legrand
      15.3.6 nVent
      15.3.7 OKW
      15.3.8 Phoenix Contact
      15.3.9 Plastic Enclosures & Custom Plastic Housings
      15.3.10 Polycase
      15.3.11 Rittal GmbH & Co. KG
      15.3.12 ROLEC Gehause-Systeme GmbH
      15.3.13 SIMCO- Standard Injection Molding Company, Inc
      15.3.14 Takachi Electronics Enclosure Co., Ltd.
      15.3.15 Unibox Enclosures
Key Segments Covered
By Types
  • Hand-held Enclosures
  • Free Standing Enclosures
  • Wall-mount Enclosures
  • Desk-Top Enclosures
By Materials
  • ABS
  • Acrylic
  • Polystyrene
  • Foamed/Expanded PVC
  • Polycarbonate
  • Polyamide
  • Others
By Verticals
  • Power Generation & Distribution
  • Oil & Gas
  • Metals & Mining
  • Medical
  • Pulp & Paper
  • Food & Beverage
  • Automotive & Transportation
  • Others
By Region
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • South East Asia (SEA)
    • Rest of Asia Pacific (APAC)
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of Middle East & Africa (MEA)

Key Market Players Profiled in the Report
  • Bopla Gehause Systeme GmbH
  • Envision Plastics & Design
  • Fibox Enclosures
  • Hammond Manufacturing Ltd.
  • Legrand
  • nVent
  • OKW
  • Phoenix Contact
  • Plastic Enclosures & Custom Plastic Housings
  • Polycase
  • Rittal GmbH & Co. KG
  • ROLEC Gehause-Systeme GmbH
  • SIMCO- Standard Injection Molding Company, Inc
  • Takachi Electronics Enclosure Co., Ltd.
  • Unibox Enclosures
  • Key players in the market include nVent, Hammond Manufacturing Ltd., Phoenix Contact, Takachi Electronics Enclosure Co., Ltd., and OKW. These companies are considered manufacturers of plastic enclosures based on their revenue, research development (R&D) activities, regional presence, and supply chain management system.
  • The players are adopting key strategies such as new product launches and developments in the existing product lines.
  • For instance, in September 2020, OKW launched a range of fully wearable plastic electronic enclosures. These enclosures are molded ASA plastic with high UV protection. These enclosures are available in three different sizes including L, M, and XL.
  • In January 2021, nVent Electric plc launched a portfolio of universal free-stand enclosures. These enclosures are designed to reduce overall installation time and feature six base enclosures with universal type ratings.

Global Plastic Enclosures Market By Key Players

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FAQ Section

Some frequently asked quetions about this report!

Additional company profiles can be provided on request.

Yes, the report covers material specific information such as adherence to specified standards, etc.

According to this Growth Market Reports' report, the market from Plastic Enclosures is likely to register a CAGR of 4.9% during forecast period 2020-2027, with an anticipated valuation of USD 2,714 million by the end of the 2027.

In addition to market size (in USD Million) and Company Market Share (in % for base year 2019), other data such as market volume data and pricing analysis for year 2017 to 2027 (estimated pricing analysis) is provided along with parent market analysis with a short term as well as long term outlook for plastic enclosures market is available in final report.

The rising investments in electrical engineering and electronics industry in several countries and increasing demand for industrial internet of things (IoT) devices and applications is expected to drive the market growth during forecast period.

Power generation & distribution, oil & gas, metals & mining, and medical are the key verticals that are driving the plastic enclosures market.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

The market is expected to decrease by 2.9% between 2019 and 2020 owing to the negative impact of COVID-19 pandemic on the production and demand for plastic enclosures market.

The base year considered for the global plastic enclosures market report is 2019. The complete analysis period is 2017 to 2027, wherein, 2017 & 2018 are the historic years and the forecast is provided from 2020 to 2027.

Major manufactures include nVent, Hammond Manufacturing Ltd., Phoenix Contact, Takachi Electronics Enclosure Co., Ltd., and OKW.