Global Electrical Enclosure Market 2015 Is Expected to Reach $6.87 Billion by 2022 : Market Research Store
The Global Electrical Enclosure market is valued at $4.77 billion in 2014 and is expected to reach $6.87 billion by 2022 growing at a CAGR of 6.03% . The electrical enclosure market is expected to show moderate growth over the forecast period. The Primary factors driving the electrical enclosure market are attractive industrial automation, home automation segments and industrial safety regulations. Huge investments in renewable energy projects by various governments and heavy demand for process automation in food & beverage...
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