[Research Report] The E-house market is valued US$ 1,614.70 million in 2022; It is estimated to grow at a CAGR of 5.7% from 2022 to 2028.
E-houses are also known as electrical houses or integrated power assemblies. They are pre-assembled, walk-in modular outdoor enclosures that store low- and medium-voltage switchgear and various ancillary equipment, such as utility-grade switchgear, paralleling switchgear, and custom controls. E-houses can be easily mounted on a skid/wheel and trailer; it takes only a few minutes to set up. Also, E-houses are sustainable alternatives to traditional on-site structures. A few major applications of E-houses are disaster response, rapid transmission capacity expansion, and temporary power supply for unplanned repairs.
Other uses of E-houses involve grid coupling, balancing fossil and renewable energy sources at plants, and housings for electrical energy storage systems. Before the delivery process, fundamental components, such as bus bars, components, power management systems, and HVAC, are thoroughly monitored and tested, thus leading to a lower risk of failure at the work site. The entire E-house installation and relocation procedure is simple and cost-effective because of its mobility. Adding to this, E-houses can be positioned near significant loads to minimize the length and size of power and control connections.
Moreover, E-houses are designed and constructed per various European and American standards (IEC/EN/BS) or American Standards (ANSI/NEMA/ASTM/AWS). They are also tested and certified for the different markets: UL/CE/GOST&EAC. These factors help boost E-house market growth, thus leading to increased revenue generation potential in the coming years.
E-House Market -
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E-House Market: Strategic Insights
Market Size Value in US$ 1,614.70 Million in 2022 Market Size Value by US$ 2,253.46 Million by 2028 Growth rate CAGR of 5.7% from 2022 to 2028 Forecast Period 2022-2028 Base Year 2022
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E-House Market: Strategic Insights
Market Size Value in | US$ 1,614.70 Million in 2022 |
Market Size Value by | US$ 2,253.46 Million by 2028 |
Growth rate | CAGR of 5.7% from 2022 to 2028 |
Forecast Period | 2022-2028 |
Base Year | 2022 |
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Speak to AnalystImpact of COVID-19 Pandemic on E-House Market Size
North America is the foremost region in developing and accepting new technologies due to favorable government policy to boost innovation, a massive industrial base, and high purchasing power, especially in developed countries, such as the US and Canada. Hence, any impact on the development of industries is expected to affect the region's economic growth. In the Q1 and Q2 of 2020, many infrastructure projects were halted because of the spread of COVID-19, due to which the E-house market growth declined considerably.
However, when restrictions were lifted in 2021, most of the pending projects were resumed, and the E-house market size showed an upward trend as the need for the power supply was increasing on various projects in the oil & gas, mining, and construction industries. For instance, in August 2021, the Senate approved a US$ 1 trillion infrastructure bill to reconstruct the nation's deteriorating roads and bridges and also funded new climate resilience and broadband initiatives, a key component of President Biden's plan.
Lucrative Regions for E-House Market
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Market Insights – E-House Market
The Asia Pacific E-house market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. In April 2021, Australia's government announced an investment of US$ 70.02 million (AU$ 90 million) for the country's 81 telecommunications infrastructure projects under the Regional Connectivity Program (RCP). Additionally, the Chinese government launched an initiative, 'Made in China 2025,' to support the country's manufacturing sector; this initiative will encourage companies operating in the manufacturing industry to initiate more projects.
Moreover, the Government of India is providing funds to improve the country's infrastructure under the 'Smart City Project.' Under this project, several infrastructure developments, such as metro rail lines and road construction, are under construction in the country. Further, the construction of such projects requires mobile substations for temporary electricity supply.
In January 2022, a new rail project was inaugurated in South Korea to connect the Donghae line between Jejin Station, Goseong, and Gangneung. The project is worth US$ 2.31 billion and is expected to be completed by 2027. This will require power supply systems for the installation of route lines and other operations for the construction of rail project. Thus, the growing construction of such projects and government initiatives to develop infrastructure across Asia Pacific countries are expected to boost the E-house market growth in the region.
Type-Based Insights
Based on type, the E-house market is segmented into fixed substations and mobile substations. The mobile substation segment led the E-house market in 2021, majorly due to the rising growth of the transportation and logistics industry, which ultimately led to the growth of the oil and gas sector. Mobile E-houses are an interim, low-cost solution for various cities or districts, supplying electricity/power to inhabitants, street lighting, restoring power to hospitals, and numerous other essential services. The modular design of mobile substations is suited for sea, road, or air transportation, thus, providing immediate solutions and can also be easily installed and made ready for operation within 2 days.
ABB Ltd.; Eaton; Becker Mining System AG; Schneider Electric SE; Siemens AG; WEG; StarFlite Systems; Sécheron; Powergear Limited; and Powell Industries, Inc. are some key players profiled in this study. The performances of several other essential players were also analyzed to get a holistic view of the e-house market and its ecosystem.
E-house market players are actively adopting strategic market initiatives, which involve the expansion of their footprints globally and meeting the surge in customer demand. The E-house market players are mainly focusing on product and service enhancements by integrating advanced features and technologies into their offerings.
- In May 2022, A purpose-designed electrical house (E-House) from Zest WEG is driving one of the largest new High-Intensity Grinding (HIG) mills in the southern hemisphere, which was recently installed at a platinum mine in South Africa’s Northwest province.
- In September 2020, Zest WEG, a subsidiary of WEG Group, supplied a complete low-voltage substation to Sasol’s Prillan plant in Sasolburg, South Africa. The custom-designed solution includes a double-story E-house, transformers, variable speed drive (VSD) panels, and distribution boards. The specialized E-house has several fit-for-purpose features.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Component, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The global E-House market is expected to be valued at US$ 1,614.70 million in 2022.
Installation, cost-effectiveness, and flexibility of E-House and surge in demand for E-Houses from oil & gas sectors are major driving factors contributing towards the growth of E-House market.
Technological advancements in E-House are the major trends anticipated to propel the market growth during the forecast period.
ABB Ltd, Eaton, Schneider Electric SE, WEG and Siemens AG are the five key market players operating in the E-House market.
China holds the major market share of E-House market in 2022.
Mobile substation segment held the largest share E-House market. The constantly rising use of mobile substation are useful in cases where the energy distribution needs to be provided or reinstated for a shorter time
The US, China and India are registering a high growth rate during the forecast period.
By 2028, the global market size of E-House market will be US$ 2,253.46 million.
The List of Companies - E-House Market
- ABB Ltd
- Eaton
- Becker Mining Systems AG
- Schneider Electric SE
- Siemens AG
- WEG
- StarFlite Systems
- Sécheron
- Powergear Limited
- Powell Industries, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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