Market Share of India Electrical Enclosures Industry
India's electrical enclosures market is favorably competitive and consists of several leading players. In terms of market share, a few substantial players currently dominate the market. The manufacturers focus on product differentiation to gain a competitive advantage. The manufacturers also try to show their products superior quality to achieve higher sales.
In February 2023, India announced a USD 4.3 billion investment in clean energy. In this announcement, authorities of India focused on solar power from the Himalayan region of Ladakh and green hydrogen production.
In October 2022, Tri-Mack Plastics Manufacturing Corp., a high-performance thermoplastic parts manufacturer, announced its latest product development accomplishment: a lightweight, high-strength enclosure made from just eight plies of unidirectional carbon fiber-reinforced thermoplastic tape and only forty-thousandths of an inch (0.40-inch) thick. The latest enclosures demonstrate Tri-Mack's expertise in producing large, thin covers with in-depth draws using UD tape.
In October 2022, Rittal, an international manufacturer of industrial and IT enclosures, introduced unique Hygienic Design Pushbutton Enclosures and Accessories explicitly developed for the high hygiene zone in food and beverage facilities. These latest accessories increase the versatility of users in the production area, assisting in ensuring work areas retain hygienic standards.
India Electrical Enclosures Market Leaders
BCH Electric Ltd
Schneider Electric
ABB Ltd
Eaton Corporation
Emerson Electric
*Disclaimer: Major Players sorted in no particular order
