Product Code: A15182
The global fixed switch cabinet market was valued at $2,035.3 million in 2021, and is projected to reach $3,200.6 million by 2031, registering a CAGR of 4.86% from 2022 to 2031.
Switch cabinets consist of the cabinet housing and door and the interior components, which generally take the form of drawer units or are mounted on a panel. Acceptance of industrial and factory automation allows for the development of additional mechanical, electromechanical, and solid-state devices, components, and controls that need to be enclosed for safety and aesthetic purposes, driving market growth. As a result, several nations throughout the world have established severe safety laws, which is considerably driving the growth of the electrical enclosures market. For example, in August 2022, the construction safety alliance of maine, safety works, and the workplace safety and health division of the maine department of labor joined forces together to promote workplace safety and health and educate construction employers and workers in the state about safety and health risks. In August 2021, ABB electrified India with a smart, safe, and sustainable range of switches when it launched the Millenium and Zenit ranges. With an increasing number of megacities evolving in India, the demand for space-saving electrical solutions such as easy-to-install contemporary switches is rising. ABB's Millenium and Zenit switch ranges are ISI-marked, offering control, functionality, and comfort to customers in smart buildings and premises that can be easily upgraded with the latest smart home automation solutions.
The fixed switch cabinet market is segmented on the basis of application, and region. The application segment is classified into infrastructure and utilities, energy, and industrial.
Region wise, the fixed switch cabinet market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, India, South and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The key players operating in the fixed switch cabinet market include: Belden Inc., ABB Ltd., Coslight Group Harbin Switch Co., Ltd, StarTech.com Ltd., Minimax, TEWE Elektronic, Cannon Technologies Ltd, NUM AG, Huimu Ltd., Clipsal (Schneider Electric).
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the fixed switch cabinet market analysis from 2021 to 2031 to identify the prevailing fixed switch cabinet market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the fixed switch cabinet market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global fixed switch cabinet market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Application
- Infrastructure and Utilities
- Energy
- Industrial
By Region
- North America
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Huimu Ltd.
- Belden Inc.
- Minimax
- Cannon Technologies Ltd
- NUM AG
- TEWE Elektronic
- StarTech.com Ltd.
- ABB Ltd.
- Clipsal (Schneider Electric)
- Coslight Group Harbin Switch Co., Ltd
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Bargaining power of suppliers
- 3.3.2. Bargaining power of buyers
- 3.3.3. Threat of substitutes
- 3.3.4. Threat of new entrants
- 3.3.5. Intensity of rivalry
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Increasing trend of renewable energy infrastructure across the globe.
- 3.4.1.2. Rise in government initiatives for electrification across the developing nations.
- 3.4.2. Restraints
- 3.4.2.1. High cost associated with fixed switch cabinets.
- 3.4.3. Opportunities
- 3.4.3.1. Growing digitalization in fixed switch cabinets.
- 3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: FIXED SWITCH CABINET MARKET, BY APPLICATION
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Infrastructure and Utilities
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Energy
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Industrial
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
CHAPTER 5: FIXED SWITCH CABINET MARKET, BY REGION
- 5.1. Overview
- 5.1.1. Market size and forecast By Region
- 5.2. North America
- 5.2.1. Key trends and opportunities
- 5.2.2. Market size and forecast, by Application
- 5.2.3. Market size and forecast, by country
- 5.2.3.1. U.S.
- 5.2.3.1.1. Key market trends, growth factors and opportunities
- 5.2.3.1.2. Market size and forecast, by Application
- 5.2.3.2. Canada
- 5.2.3.2.1. Key market trends, growth factors and opportunities
- 5.2.3.2.2. Market size and forecast, by Application
- 5.2.3.3. Mexico
- 5.2.3.3.1. Key market trends, growth factors and opportunities
- 5.2.3.3.2. Market size and forecast, by Application
- 5.3. Europe
- 5.3.1. Key trends and opportunities
- 5.3.2. Market size and forecast, by Application
- 5.3.3. Market size and forecast, by country
- 5.3.3.1. UK
- 5.3.3.1.1. Key market trends, growth factors and opportunities
- 5.3.3.1.2. Market size and forecast, by Application
- 5.3.3.2. Germany
- 5.3.3.2.1. Key market trends, growth factors and opportunities
- 5.3.3.2.2. Market size and forecast, by Application
- 5.3.3.3. France
- 5.3.3.3.1. Key market trends, growth factors and opportunities
- 5.3.3.3.2. Market size and forecast, by Application
- 5.3.3.4. Rest of Europe
- 5.3.3.4.1. Key market trends, growth factors and opportunities
- 5.3.3.4.2. Market size and forecast, by Application
- 5.4. Asia-Pacific
- 5.4.1. Key trends and opportunities
- 5.4.2. Market size and forecast, by Application
- 5.4.3. Market size and forecast, by country
- 5.4.3.1. China
- 5.4.3.1.1. Key market trends, growth factors and opportunities
- 5.4.3.1.2. Market size and forecast, by Application
- 5.4.3.2. Japan
- 5.4.3.2.1. Key market trends, growth factors and opportunities
- 5.4.3.2.2. Market size and forecast, by Application
- 5.4.3.3. India
- 5.4.3.3.1. Key market trends, growth factors and opportunities
- 5.4.3.3.2. Market size and forecast, by Application
- 5.4.3.4. South Korea
- 5.4.3.4.1. Key market trends, growth factors and opportunities
- 5.4.3.4.2. Market size and forecast, by Application
- 5.4.3.5. Rest of Asia-Pacific
- 5.4.3.5.1. Key market trends, growth factors and opportunities
- 5.4.3.5.2. Market size and forecast, by Application
- 5.5. LAMEA
- 5.5.1. Key trends and opportunities
- 5.5.2. Market size and forecast, by Application
- 5.5.3. Market size and forecast, by country
- 5.5.3.1. Latin America
- 5.5.3.1.1. Key market trends, growth factors and opportunities
- 5.5.3.1.2. Market size and forecast, by Application
- 5.5.3.2. Middle East
- 5.5.3.2.1. Key market trends, growth factors and opportunities
- 5.5.3.2.2. Market size and forecast, by Application
- 5.5.3.3. Africa
- 5.5.3.3.1. Key market trends, growth factors and opportunities
- 5.5.3.3.2. Market size and forecast, by Application
CHAPTER 6: COMPETITIVE LANDSCAPE
- 6.1. Introduction
- 6.2. Top winning strategies
- 6.3. Product Mapping of Top 10 Player
- 6.4. Competitive Dashboard
- 6.5. Competitive Heatmap
- 6.6. Top player positioning, 2021
CHAPTER 7: COMPANY PROFILES
- 7.1. Huimu Ltd.
- 7.1.1. Company overview
- 7.1.2. Key Executives
- 7.1.3. Company snapshot
- 7.1.4. Operating business segments
- 7.1.5. Product portfolio
- 7.1.6. Key strategic moves and developments
- 7.2. Coslight Group Harbin Switch Co., Ltd
- 7.2.1. Company overview
- 7.2.2. Key Executives
- 7.2.3. Company snapshot
- 7.2.4. Operating business segments
- 7.2.5. Product portfolio
- 7.3. TEWE Elektronic
- 7.3.1. Company overview
- 7.3.2. Key Executives
- 7.3.3. Company snapshot
- 7.3.4. Operating business segments
- 7.3.5. Product portfolio
- 7.4. Minimax
- 7.4.1. Company overview
- 7.4.2. Key Executives
- 7.4.3. Company snapshot
- 7.4.4. Operating business segments
- 7.4.5. Product portfolio
- 7.4.6. Key strategic moves and developments
- 7.5. NUM AG
- 7.5.1. Company overview
- 7.5.2. Key Executives
- 7.5.3. Company snapshot
- 7.5.4. Operating business segments
- 7.5.5. Product portfolio
- 7.5.6. Key strategic moves and developments
- 7.6. Belden Inc.
- 7.6.1. Company overview
- 7.6.2. Key Executives
- 7.6.3. Company snapshot
- 7.6.4. Operating business segments
- 7.6.5. Product portfolio
- 7.6.6. Business performance
- 7.6.7. Key strategic moves and developments
- 7.7. Cannon Technologies Ltd
- 7.7.1. Company overview
- 7.7.2. Key Executives
- 7.7.3. Company snapshot
- 7.7.4. Operating business segments
- 7.7.5. Product portfolio
- 7.8. ABB Ltd.
- 7.8.1. Company overview
- 7.8.2. Key Executives
- 7.8.3. Company snapshot
- 7.8.4. Operating business segments
- 7.8.5. Product portfolio
- 7.8.6. Business performance
- 7.8.7. Key strategic moves and developments
- 7.9. Clipsal (Schneider Electric)
- 7.9.1. Company overview
- 7.9.2. Key Executives
- 7.9.3. Company snapshot
- 7.9.4. Operating business segments
- 7.9.5. Product portfolio
- 7.9.6. Business performance
- 7.9.7. Key strategic moves and developments
- 7.10. StarTech.com Ltd.
- 7.10.1. Company overview
- 7.10.2. Key Executives
- 7.10.3. Company snapshot
- 7.10.4. Operating business segments
- 7.10.5. Product portfolio