Global E-House Market Expected Revenue, Industry Share, Development Stages, And Landscape- Forecast To 2025

Electrical House (E-House), also called Power House, is a assembled walk-in modular outdoor enclosure to house a low voltage (LV) and medium voltage (MV) switchgear as well as secondary equipment. It can be wheel or a skid mounted and is ready to operate in the field with minimum installation cost, commissioning and start up time – as an substitute to traditional on-site building construction (brick construction, concrete block, or similar).

Market Scenario:

Globalization is on its peak and so is the demand for energy solutions. The markets worldwide are transforming rapidly with the emergence of novel trends impacting the way business was performed earlier. The companies these days are thriving to fulfill the burgeoning consumer demands, resulting in increased production. The global energy producing companies have charted multiple folds in their production growth and are anticipating more furious growth in coming years.

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The oil and gas, and mining industries around the globe are exhibiting snowing demand for modification of power infrastructures in order to meet the power need of their customers. However, there are certain challenges that are holding these end-users from attaining the desired results. Locations and size of their assets, unpredictable environmental conditions, and long operational periods are among the key challenges adversely impacting the adoption of E-houses amid these end-users

Key Players:

  • General Electric Company.
  • Siemens AG.
  • ABB Ltd.
  • Electroinnova Installations
  • Powell Industries.
  • Schneider Electric SE.

The oil & gas industries currently demand for operational superiority. This is mainly because the industry is facing tremendous pressure to cut down on its operational cost and capital, enhance the availability of capacity, and lower down risks. Therefore, in order to attain these objectives, the oil and gas industry is anticipated to raise its demand of E-Houses globally. Apart from this, various other industries that also face acute shortage of electricity and other challenges such as load shedding and ensuing blackouts are projected to boost the E-house market in nearing future.

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The companies in the ecosystem are taking remarkable steps to promote the adoption of E-Houses. For instance, in UAE, the company ABB provided its 98 meters of E-houses to SARB (Satah-al-Razboot) offshore oil field in order to ensure unswerving power at remote locations. ABB was also recently awarded with US $80 Mn project in South Korea by Hyundai Engineering & Construction for a particular project.

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