Market Analysis
The e-house market size is predicted to
reach USD 2.31 Billion at CAGR 6.3% through the Forecast period 2020-2030.
Drivers
Increasing Adoption in Military Sector to Boost Market
Growth
The
increasing adoption of e-houses in the military sector will boost market growth
over the forecast period. All nations are involved in extensive R&D
activities in the defense sector. Every country is trying in being
self-sufficient and lowering their dependency on other countries for weapons
and ammunition. The race for becoming a nuclear power is leading countries in
implementing and trying innovative and new technologies. Nuclear tests need to
be performed in areas that are deserted in barren grounds and away from the
city. Thus governments are critical customers of e-houses. The usage of
e-houses for supporting defense activities is likely to drive market
growth.
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Restraints
Lack of Technical Expertise to act as Market
Restraint
The
lack of technical expertise and the impact of COVID-19 pandemic may act as
market restraints over the forecast period.
Challenges
High Maintenance Costs to act as Market Challenge
The
high maintenance costs of e-houses may act as a market challenge over the
forecast period as failure of e-house may critically impact the operations in
different applications. Besides, the transportation of fixed e-house may also
impede market growth.
Market Segmentation
·
By type, the global
e-house market is segmented into mobile e-house and skid mounted.
·
By component, the
global e-house market is segmented into monitoring and control systems,
frequency drives, transformer, HVAC systems, bus bar, switchgear, and others.
·
By voltage, the
global e-house market is segmented into medium voltage and low voltage e-house.
Opportunities
R&D to Develop Small E-Houses to offer Robust
Opportunities
The
on-going research and development of manufacturers for designing smaller, less
maintenance, and convenient e-houses will offer robust opportunities for this
market in the forecast period.
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North America to Have Admirable Growth in E-House
Market
North
America will have admirable growth in the market over the forecast period. The
escalating power usage in metal extraction, data centers, and more
applications, intensifying investments in mobile power solutions, and increasing
mining activities in the US as it is a leading producer of coal are adding to
the global e-house market growth in the region.
Key Players
Eminent
players profiled in the global e-house market report include Siemens AG
(Germany), ABB (Switzerland), Schneider Electric SE (France), Eaton Corporation
(Ireland), General Electric (U.S.), CG Power (India), Meidensha (Japan),
Electroinnova (Spain), WEG (Brazil), TGOOD (Hong Kong), Powell Industries
(U.S.). Elgin Power Solutions (U.S.), Meidensha (Japan), Matelec Group
(Lebanon), Aktif Group (Turkey), PME Power Solutions (India), EKOS Group
(Turkey), Efacec (Portugal), Delta Star (U.S.), Zest WEG Group (south Africa),
and Electroinnova Instalaciones y Mantenimientos S.L (Austria).
Key
players in the market have incorporated several strategies to stay at the
forefront such as partnerships, mergers and acquisitions, new product launches,
and more.
Regional Analysis
Middle East and Africa to Lead E-House Market
The
Middle East and Africa will lead the market over the forecast period. The
growing demand from mining and metal industries, swift electrification in the
region, increasing consumption of electricity in Dubai that is mostly used for
commercial purposes, increasing oil and gas exploration and extraction in the
African region, the increasing demand from utilities, and recovery from civil
war of countries are adding to the global e-house market growth in the region.
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1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global E-House Market
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