USD 87.5 Billion by 2035: Electrical Enclosure Market
The global Electrical Enclosure Market is undergoing a transformative shift driven by the convergence of smart factory adoption, IIoT integration, and safety-critical applications. Valued at USD 54.2 billion in 2025, the market is poised to expand at a 4.9% CAGR, reaching USD 87.5 billion by 2035. Electrical enclosures, once viewed as passive protective components, now play a central role in...
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