Global Electrical House Market Overview:
E-house is also known as Powerhouse, is a prefabricated walk-in modular outdoor enclosure to medium voltage and low voltage switchgear. It is fully equipped pre-fabricated electric building with products from a comprehensive portfolio of bus bar trunking system and auxiliary equipment.
As per latest study released by AMA Research, the Global Electrical House market is expected to see growth rate of 5.68% and may see market size of USD1.48 Billion by 2027.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Billion) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Technology Advancement in E House
Market Growth Drivers:
Easy to Install and Flexible Solution, Advantages Related to E houses such as High Versatility, Space-Saving Designs and Optimized Operations and Growing Consumption of Electricity and the Need for Reliable Power Supply Fuels
Challenges:
Lack of Skilled Professionals and Transportation concern
Restraints:
High Maintenance Cost in E house and Government Intervention
Opportunities:
Rising Demand for E houses in Middle East & Africa
Competitive Landscape:
Some of the key players profiled in the report are ABB (Switzerland), Siemens (Germany), Eaton (Ireland), Schneider Electric (France), General Electric (United States), CG Power (India), Meidensha (Japan), Electroinnova (Spain), WEG (Brazil), TGOOD (Hong Kong), Powell Industries (United States) and Elgin Power Solutions (United States). Additionally, following companies can also be profiled that are part of our coverage like Matelec Group (Lebenon), Aktif Group (Turkey), PME Power Solutions (India) Limited, EKOS Group (Turkey), Efacec (Portugal), Delta Star (United States), Nari Group (China) and Unit Electrical Engineering (UEE) (Canada). Analyst at AMA Research see United States Players to retain maximum share of Global Electrical House market by 2027. Considering Market by Components, the sub-segment i.e. Switchgear will boost the Electrical House market.
Electricity Regulatory authority regulates, licenses and supervises the generation transmission, distribution, sale, export, and importation of electrical energy. It is also known as power house.
What Can be Explored with the Electrical House Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Electrical House Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Electrical House
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Electrical House market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Electrical House market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Component Suppliers, Investors and Venture Capital Firms, Integrated Device Manufacturers (IDMs), System Integrators, Electric Hardware Equipment Manufacturers, Assembly and Packaging Vendors, Companies Working in the Electric Utilities Sector, Analysts and Strategic Business Planners, End-user Industries, Governments, Financial Institutions, and Investment Communities, Research Organizations and Forums, Alliances, and Associations.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.