UK electric enclosure market is estimated to grow at a CAGR of 4.7% during the forecast period. The growing renewable energy sector is one of the major factors contributing to market growth. As per the UK Government, renewables’ share of electricity generation (hydro, solar, wind, and other renewables) rose to a record 47.0% in the first […]
Category Archives: ELectronics & Semiconductor
North American electric enclosure market is estimated to grow at a CAGR of 4.4% during the forecast period. As per the National Association of Manufacturers (NAM), manufacturers in the US represent 11.4% of the total output in the economy, which employs 8.5% of the workforce. In 2018, the total output from manufacturing was $2,334.6 billion. Additionally, […]
European electric enclosure market is estimated to grow at a CAGR of 4.5% during the forecast period. The advent of Industry 4.0 is offering an opportunity for the adoption of electric enclosures in the region. In February 2017, the Italian government introduced the National Industry 4.0 plan to stimulate investment in R&D programs and advanced technology. […]
Asia-Pacific Electric Enclosure Market is estimated to grow at a CAGR of 5.3% during the forecast period. Rising industrialization is one of the vital factors accelerating market growth. As per the Center for International Knowledge on Development, China, in 2018, China’s industrial added value reached nearly $4,395.5 billion, 56.7 times compared to 1978, with an […]
The global electric enclosure market is estimated to grow at a CAGR of 4.8% during the forecast period. Rising industrialization is one of the major factors accelerating market growth. Industrialization is growing rapidly across the globe owing to the increasing food and beverage industry and growing metal and mining industry. Additionally, most of the industrial […]
The global smart personal air cooler market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). A smart personal air cooler is a portable cooling device that is energy-efficient, economic, and applicable to facilitate individual users without disturbing the ambience of others. These are tabletop, user-friendly devices that are available at […]
The global Heat pump water heater market is expected to grow at a significant CAGR during the forecast period (2021-2027). Demand for energy-efficient products that reduce energy costs and lower carbon emissions has been rising significantly in residential, commercial, and industrial sectors across the globe. A significant rise in energy prices has raised the focus […]
The global electric neck warmer market is anticipated to grow at a significant CAGR during the forecast period 2021-2027. An electric neck warmer is a type of heating belt augmented with an electric coil and a series of interconnected wires covered by a heat-resistant plastic coating. This belt provides a steady source of heat to […]
The UK battery market is estimated to grow at a significant CAGR during the forecast period. The market growth is attributed to the increasing demand from the automotive industry, especially electric cars. Despite the COVID-19 outbreak, the electric car industry has seen a surge in the country. To Request a Sample of our Report on UK Battery Market: https://www.omrglobal.com/request-sample/uk-battery-market […]
The US fire alarm system market is anticipated to exhibit a CAGR of 7.5% during the forecast period. Stringent government regulations and higher penetration levels of advanced fire safety technology among both commercial and residential users are some of the major driver drivers enabling the growth of new sales in the country. The country also […]