E-House Market: Global Industry Analysis and Forecast (2023-2029)

E-House Market was valued at US$ 1.55 Bn. in 2022. The global E-House market size is estimated to grow at a CAGR of 7.03%.
E-House Market Overview:
E-Houses (Electrical Houses) are pre-assembled, walk-in modular outdoor enclosures that store LV and MV switchgear as well as ancillary equipment. They are mounted on a wheel or a skid and are ready to use in the field after only a few minutes of setup, commissioning, and start-up. They may prove to be a viable alternative to traditional on-site structures. Before delivery, all components of e-Houses are thoroughly tested, lowering the risk of failure in the field. Installing and relocating them is simple and cost-effective because of their mobility. E-Houses can be positioned near significant loads to minimize the size and length of power and control connections.To know about the Research Methodology:-Request Free Sample Report

The global e-house market is likely to register a significant growth rate during the forecast period, thanks to its easy benefits like cost-effectiveness, reliability, time efficiency, and enhanced footprint capability. From planning to installation and commissioning, it offers a one-stop-shop. It can be used for a variety of applications, including grid coupling, balancing fossil and renewable energy sources at plants, providing reliable power supply solutions for key operations, and housings for electrical energy storage systems. These reasons have been consistently boosting demand for e-houses, which is projected to fuel the global e-house market's expansion and increase revenue creation potential in the approaching years.

Plug & Play Concept of the E-House Has Attracted Many New Industries:

The e-houses are in the early stages of development and are projected to maintain their position for the foreseeable future. The e-Plug house's n Play concept has attracted a slew of new businesses interested in using it in utilities and renewables. The global e-house industry is growing owing to the growing demand for alternative energy sources. There are several types of e-houses on the market, with the mobile e-house segment expected to grow at the fastest rate.

E-Houses Have a High Demand for Technological Advancements:

The global e-house market will benefit from advancements in e-houses and new features such as data management and increased security. In the projected term, the support of e-houses in expanding to new places or establishing new sites is expected to move the e-house market forward. Schneider Electric, for example, not only manufactures e-houses but also installs, implements, and manages the risks associated with its mining package. The integrated e-house can also provide effective and smooth connectivity to the data centre, as well as between the officers and the business's automated facilities. The global e-house market is evolving because of technology improvements.

However, an electrical house (E-House) has one or more switchgear, automated sensors, a control power distribution board, and other components with high maintenance costs, restricting its application in businesses with low investment potential and hampering the market growth. Furthermore, the growing trend of using non-renewable energy sources for electricity generation has accelerated the transition to renewable energy sources such as hydropower, wind, geothermal, and solar.

The United States Environmental Protection Agency (USEPA), for example, has established the Clean Air Act to regulate the use of non-renewable energy sources such as coal and gas for power generation. This is likely to offer Global E-House Market growth opportunities.
E-House Market Segmentation:
The report will provide an accurate prediction of the contribution of the various segments to the growth of the E-House Market size.



Mobile Substation segment accounted for over 34% of the overall market share in 2022.

Based on Type, the Mobile Substation segment was valued at US$ xx Bn. in 2022 and is expected to reach US$ xx bn. by 2029 at a CAGR of 8% over the forecast period. This is attributable to an increase in transportation and logistics, which boosted demand for the oil and gas industry. This has increased oil and natural gas drilling and exploration efforts, with e-houses being widely employed for electricity supply.

Industrial Segment is expected to grow at the highest CAGR of 9.14% from 2023-to 2029.

By application, the industrial segment is expected to account for xx% of the total market share in 2022 and is expected to grow at the highest CAGR of 9.14% during the forecast period. This is attributable to a rise in transportation and logistics, which boosted demand for the oil and gas industry. This has increased oil and natural gas drilling and exploration efforts, with e-houses being widely employed for electricity supply.

In 2022, North America was valued at US$ xx Mn.

During the estimation period, the increasing number of mining activities in the U.S. is expected to boost e-house sales in North America. The United States is regarded as one of the region's top coal producers. According to the US Energy Information Administration (EIA), coal mines in the US had a total output capacity of 933 million short tonnes (MMst) in 2022.

Another important element expected to propel the market is the presence of a well-established chemical sector in this region. Government agencies are also planning to invest in the expansion of the oil and gas industry, which will likely open up new chances for significant North American players.

The Middle East & Africa Emerging as an Opportunistic E-House:

In the next years, the Middle East & Africa is predicted to have the greatest e-house market share. The increased demand for e-houses from the utility sector is responsible for this growth. Furthermore, the Middle East's rapidly expanding mining, as well as oil and gas industries, are expected to boost the industry.

Iraq is expected to have profitable growth in the next years as a result of increased government spending on basic utilities such as power supply. Another important factor that bodes well for the area industry is the continued development of cost-effective e-houses.

Africa, as a developing economy, is investing heavily in infrastructure development and raising the standard of living. Despite the fact that e-houses are powering Africa's undeveloped regions, the use of e-houses is growing slowly.
Competitive Landscape:
The MMR report also focuses on global major leading industry players of global E-House market providing information such as company profiles, production, cost, and revenue. For example, GE Power successfully delivered an e-house and VSDS to Shell Nederland Chemie B.V.'s petrochemical plant in February 2022. The VSDS from GE combines a high-speed induction motor with a variable speed drive to achieve a compressor train energy efficiency of over 90%.

The objective of the report is to present a comprehensive analysis of the global E-House Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the E-House Market dynamic, structure by analyzing the market segments and projecting the E-House Market size. Clear representation of competitive analysis of key players by Application, price, financial position, product portfolio, growth strategies, and regional presence in the E-House Market make the report investor’s guide.
Global E-House Market Scope: Inquire before buying



Global E-House Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US $ 1.55 Bn.


Forecast Period 2023 to 2029 CAGR:
7.03%
Market Size in 2029:
US $ 2.49 Bn.


 Segments Covered:
by Type
Fixed E-House
Mobile Substation


by Application
Utilities
Industrialo Oil & Gas
1.Mining & Minerals
2. Chemicals
3. Other Industrial Applications


by Voltage Type
Medium
Low
High


by Module Type
Single Module
Multi Module



E-House Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)
E-House Market, Key Players are
1. ABB
2. Siemens
3. Eaton
4. Schneider Electric
5. General Electric
6. CG Power
7. Meidensha
8. Electroinnova
9. WEG
10. TGOOD
11. Powell Industries
12. Elgin Power Solutions
13. Matelec Group
14. Aktif Group
15. PME Power Solutions (India) Limited
16. EKOS Group
17. Efacec
18. Del
19. ta StarNari Group
20. Unit Electrical Engineering(UEE)

Frequently Asked Questions:

1] What segments are covered in the E-House Market report?
Ans. The segments covered in the E-House Market report are based on Type, Application. Voltage Type, and Module Type.

2] Which region is expected to hold the highest share in the E-House Market?
Ans. North American region is expected to hold the highest share in the E-House Market.

3] What is the market size of the E-House Market by 2029?
Ans. The market size of the E-House Market by 2029 is US$ 2.49 Bn.

4] What is the forecast period for the E-House Market?
Ans. The forecast period for the E-House Market is 2023-2029.

5] What was the market size of the E-House Market in 2022?
Ans. The market size of the E-House Market in 2022 was US$ 1.55Bn.