The global E-House market is projected to reach US$ 1.82 billion in market value in 2022 and to increase at a CAGR of 6.2% from 2022 to 2032 to reach US$ 3.31 billion. E-house market expansion can be attributed to the installation of power grids, where e-house is frequently used for integrated power supply applications. The market for E-House saw a CAGR of 3.2% from 2017 to 2021.
The e-house market is expected to increase during the forecast period due to a number of factors, such as the rapidly expanding automotive industry, rising industrial production, and large- and small-appliance manufacturing facilities.
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The e-house market is a segment of the construction industry that involves the use of pre-fabricated, modular structures for a variety of applications, including power and energy, telecommunications, and data centers. E-houses, also known as electrical houses or power houses, are fully equipped, factory-built structures that can be customized to meet specific requirements and then transported to the final installation site.
The e-house market includes a range of companies, from established manufacturers to smaller startups. Some of the key players in the market include ABB, Schneider Electric, Eaton, Siemens, and General Electric. These companies offer a variety of e-house solutions, including pre-fabricated and customized units, and typically provide full project management services, from design and engineering to manufacturing and installation.
The e-house market is being driven by a number of factors, including the need for faster and more cost-effective construction, the demand for greater flexibility and mobility in power and energy infrastructure, and the increasing use of renewable energy sources. In addition, e-houses are becoming increasingly popular in the telecommunications and data center markets, as they offer a modular and scalable approach to infrastructure deployment.
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Business Footprint Expansion Strategies to shape the Global Industry Landscape
The prominent companies partaking in the global E-House market share include Electroinnova, WEG, TGOOD, Powell Industries, Elgin Power Solutions, Meidensha, Matelec Group, Aktif Group, PME Power Solutions, EKOS Group, Efacec, Delta Star, Siemens, ABB, Schneider Electric, Eaton, General Electric, CG Power, and Meidensha, among others. These firms are adopting strategies such as partnerships, joint ventures, and product line expansions to enhance their presence in the global market.
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Key Segments Profiled in the E-House Industry Survey
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