Overview:

The North America E-house market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. E-house is also called as power house. E-house is custom engineered, pre-fabricated, walk-in metal structure, which is developed to protect critical electrical equipment in the power distribution network. The system includes outer protection structure and medium and low voltage switchgear along with auxiliary equipment. The E-house is commonly of two types - mobile and fixed E-house and is categorized on the basis of voltage capacity.

Market Dynamics:

Increasing oil & gas extraction activity in countries in the region is a key factor driving growth of the North America E-house market. Rising demand for E-house from oil and gas sector owing to on-going development, rising LPG export, and growing oil and gas production is among the other factor expected to support growth of the target market during the forecast period. The US has recently shifted from net importer to net exporter for oil and petroleum products this is expected to result in growth of the North America electric houses market in the near future. For instance, in 2019, the natural gas production exceeded 100,000 Mn cubic feet per day and crude oil exceeded 12,000,000 barrels per day. In addition, rising demand from utility and industrial sector is another factor fueling growth of the E-house market.

Key Trend:

Growing focus on contracts and partnerships by major player is a key trend observed in the North America E-house market. For instance, in February 2019, Siemens was awarded a contract by MOL Group to deploy multi-modular E- House solution. In February 2017, ABB was awarded a contract by Hyundai Engineering & Construction to deploy E-House solution for Satah al-Razboot (SARB) offshore oil field, UAE.

Scope of the Report:

Detailed Segmentation:

North America E-House Market, By Voltage:

• Medium Voltage
• Low Voltage

North America E-House Market, By Type:

• Mobile
• Fixed

North America E-House Market, By Application:

• Chemical
• Mining
• Oil & Gas
• Utilities
• Other Application

Key Players Covered:

Key players operating in the market includes, Siemens AG, Atlas Electric, ABB, General Electric, LS ELECTRIC Co., Schneider Electric SE, TGOOD Global Ltd., Eaton Corporation, Aspin Kemp & Associates Inc., and Saint-Augustin Canada Electric Inc.

Key features of the study:

Foresight Market Research provides detailed analysis on North America market in our report- North America E-house Market by voltage, type, application, and country. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the North America E-house market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe.