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Global E-House Market - OverviewE-Houses are pre-tested, pre-assembled and customized modular power substations. They help in providing electrical power to the facilities wherever it is required. E-houses possess numerous benefits such as flexibility, cost-effective solution and easy to deploy. They are easy to upgrade, and uses existing space optimally. This makes them the most suitable option for a broad range of applications in constrained spaces, as short-term power supply, or for distribution grid extension. At present, E-houses are used ever more frequently for the installation of equipment in other industries such as mining, metals, chemical industry, utilities & infrastructure facilities such as data centers and many others. The major benefit by deploying E-houses is they can be mounted in very little time, as a result reducing interferences with other activities, and they can be easily adapted to virtually any situation and application.
The market for global electrical houses is driven by increasing demand from industries such as oil and Gas, mineral extractions and other commercial buildings. The modular design & self-contained solution and rising investments in infrastructure are fuelling the market growth. However, high maintenance costs are fettering the market growth.
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Industry News
E-house Enterprise Holdings has planned to list in the city with a proposed valuation of US$3.1 billion to US$3.5 billion. The company has the support of several heavy weights, comprising e-commerce giant Alibaba and 26 Chinese property developers like Evergrande, Vanke, and Country Garden.
Key Players:
Some of the key players in the global E-House Market are 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) are also some of them.
Global E-House Market: Segmental Analysis
The global e-house market has been segmented on the basis of type, component, voltage, application, and region.
• By mode of type, the global e-house market has been segmented has been segmented into mobile and skid mounted.
• By mode of component, the global e-house market has been segmented has been segmented into HVAC systems, switchgear, bus bar, frequency drives, transformer, monitoring and control systems, and others.
• By mode of voltage, the global e-house market has been segmented has been segmented into low and medium voltage.
• By mode of application, the global e-house market has been segmented has been segmented into oil and gas, power utilities, mining, industrial, and transportation. Among these, the power utilities segment is likely to expand at a higher AGR during the review period. E-houses are used both in industrial and utilities applications for varied benefits. Rapid expansion of transmission capacity, planned maintenance, and disaster response are some cases where e-house have proven outcome for utilities application.
Regional Insights
Geographically, the E-house market span across regions namely, Asia Pacific, North America, Europe, and Middle East and Africa.
Among all the regions, the Middle East and Africa holds the maximum market share and is likely to maintain its dominance over the forecast period. The growth in this region is attributed to the growing demand from the mining and metal industry. Swift electrification in this region is also boosting the market growth.
North America is presumed to hold the second largest share in the global market owing to the rising power usage in data centers, metal extraction, and other applications. Also, with growing investment in mobile power solutions, the market is likely to expand.
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Intended Audience
• 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
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Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Website: https://www.marketresearchfuture.com
Release ID: 88923944
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