Global E-House Market Overview
Increasing offshore oil & gas exploration activity, growth in mining, and power infrastructure have increased the demand for electrical houses globally. This has been further amplified with the increasing demand for E-Houses arising from the renewable energy sector. The global increase in the rail infrastructure, with dedicated freight corridors being constructed around the world, would also fuel the E-House business globally. The growth of the E-House market is primarily driven by investments in the oil & gas sector and power sector.
According to 6Wresearch, the Global E-House market size is projected to grow at a CAGR of 8.5% during 2017-23. The development of smart grids and the establishment of nuclear and renewable energy power plants would fuel the market for E-House in the forecast period. The offshore oil & gas sector accounted for the majority of the revenue share in the global E-House market. The mining, rail infrastructure & transportation segments would drive the Global E-House market forecast revenues over the next six years. The global E-House market is dominated by the gas-insulated medium voltage segment in 2016.
The Global E-house market is projected to witness substantial growth in the coming timeframe backed by the rising potential growth of the oil and gas sector in developed and developing countries. Middle East countries are estimated to act as a growth proliferating owing to the increasing production of oil where Saudi Arabia be the leading oil producer and exporter of crude oil, therefore, the growth of the e house is simultaneously increasing as a power backup along with the easy installation and cost-efficient are the silent feature which is estimated to boost the growth of the e house market in the middle east region, as a result, it would benefit the growth of the e house market. Top key players operating in the global e house market include general electric CG power, ABB Ltd, Schneider, Mcidensha.
Key Highlights of the Report:
- Global E-House Market Overview
- Global E-House Market Outlook
- Global E-House Market Drivers and Restraints
- Global E-House Market Share by Players
Global E-House Market Overview on Competitive Landscape - Company Profiles
- Global E-House Market Revenues & Volume Until 2023
- Global E-House Market Trends and Developments
- Global E-House Market Opportunity Assessment
- Key Strategic Recommendation
- Historical Data of Global E-House Market Revenues & Volume for the Period 2012-2016
- Market Size & Forecast of E-House Countries Market Revenues & Volume until 2023
- Global E-House Market Size & Global E-House Market Forecast of Revenues & Volume until 2023
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