Europe E-House Market Forecast to 2028 - COVID-19 Impact and Regional Analysis

List of Tables

The E-house market in Europe is expected to grow from US$ 280.47 million in 2022 to US$ 357.16 million by 2028. It is estimated to grow at a CAGR of 4.1% from 2022 to 2028.

Surge in Demand for E-Houses from Oil & Gas Sector

Earlier, the market players in the oil & gas industry obtained their drives, switchgear, and automation systems from multiple electrical equipment suppliers and houses through fabricators. But the rising demand for reduced cost, risks, and delivery time steered the industry to move away from old practices and toward the E-house. Further, increased strategic initiatives, such as investments by the market players, are major factors driving the growth of the Europe E-house market in the oil & gas industry. For example, Enexis announced the deployment of 11 E-house substations in the northern Netherlands, where grid capacity for large-scale clean energy projects, including oil & gas projects, is limited. The company announced that it would invest (approx. US$ 42 million) EUR 43 million in the plan to speed up the energy transition. Such factors are contributing to the growth of the Europe E-house market.

Market Overview

Germany, the UK, France, Italy, Russia, and the Rest of Europe are the key contributors to the E-house market in the Europe. Due to increasing climate concerns, the European Union is making several efforts to reduce the usage of fossil fuels; 27 member countries announced a ban on fossil fuel cars by 2035 to support EU's decision. As a result, the UK government announced licensing new oil and gas projects in the North Sea, which has resulted in increased oil and gas projects in the country. Further, in August 2021, the German Ministry of Transportation announced its plan to prioritize the country's 181 infrastructure projects for improving public transport. In January 2022, Eastman announced an investment of US$ 1 billion to construct a polyester depolymerization complex in France; this plant with a capacity of 160,000 metric tons is expected to be opened by 2025. Thus, such upcoming projects concerning the end user industries in the European countries will increase the installations of E-houses, which will subsequently boost the Europe E-house market growth across the region. Further, Europe has the presence of several prominent E-house market players, such as Siemens AG, ABB Ltd, Becker Mining Systems AG, and Secheron Hasler Group. These players are also contributing to the market growth through various business strategies such as development of fast, modular, plug-and-play power supply solution. In February 2019, Siemens AG announced achieving one of its largest single orders for E-houses from Thyssenkrupp Industrial Solutions, a technology group.

Europe E-House Market Revenue and Forecast to 2028 (US$ Million)

Europe E-House Market Segmentation

The Europe E-house market is segmented into type, component, application, and country.

Based on type, the market is bifurcated into fixed substation and mobile substation. The mobile substation segment registered the larger market share in 2022.

Based on component, the market is segmented into transformer, bus bar, power management system, variable frequency drive, switchgear, HVAC, and others. The transformer segment held a largest market share in 2022.

Based on application, the market is bifurcated into industrial and utilities. The industrial segment held the larger market share in 2022.

Based on country, the market is segmented into Germany, the UK, France, Italy, Russia, and the Rest of Europe. Russia dominated the market share in 2022.

ABB Ltd; Becker Mining Systems AG; Eaton; Powell Industries, Inc.; Powergear Limited; Schneider Electric SE; Secheron; Siemens AG; and WEG are the leading companies operating in the E-house market in the Europe region.

Reasons to Buy:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe E-house market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Europe E-house market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the E-house market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

Product Code: BMIRE00027608

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Europe E-House Market Landscape

4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. Europe E-House Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Ease of Installation, Cost-Effectiveness, and Flexibility of E-House
- 5.1.2 Surge in Demand for E-Houses from Oil & Gas Sector
5.2 Market Restraints
- 5.2.1 Lack of Technical Expertise, High Maintenance and Replacement Cost, and Impact of COVID -19 Pandemic
5.3 Future Trends
- 5.3.1 Technological Advancements in E-Houses
5.4 Impact Analysis of Drivers and Restraints

6. E-House Market - Europe Analysis

6.1 Europe E-House Market Overview
6.2 Europe E-House Market - Revenue and Forecast to 2028 (US$ Million)

7. Europe E-House Market Revenue and Forecast to 2028 - Type

7.1 Overview
7.2 Europe E-house Market, By Type (2021 And 2028)
7.3 Fixed Substation
- 7.3.1 Overview
- 7.3.2 Fixed Substation: E-house Market Revenue and Forecast to 2028 (US$ Million)
7.4 Mobile Substation
- 7.4.1 Overview
- 7.4.2 Mobile Substation: E-House Market Revenue and Forecast To 2028 (US$ Million)

8. Europe E-House Market Analysis - By Component

8.1 Overview
8.2 Europe E-House Market, By Component (2021 and 2028)
8.3 Transformer
- 8.3.1 Overview
- 8.3.2 Transformer: E-House Market - Revenue, and Forecast to 2028 (US$ Million)
8.4 Bus Bar
- 8.4.1 Overview
- 8.4.2 Bus Bar: E-House Market - Revenue, and Forecast to 2028 (US$ Million)
8.5 Power Management System
- 8.5.1 Overview
- 8.5.2 Power Management System: E-House Market - Revenue, and Forecast to 2028 (US$ Million)
8.6 Variable Frequency Drive
- 8.6.1 Overview
- 8.6.2 Variable Frequency Drive: E-House Market - Revenue, and Forecast to 2028 (US$ Million)
8.7 Switchgear
- 8.7.1 Overview
- 8.7.2 Switchgear: E-House Market - Revenue, and Forecast to 2028 (US$ Million)
8.8 HVAC
- 8.8.1 Overview
- 8.8.2 HVAC: E-House Market - Revenue, and Forecast to 2028 (US$ Million)
8.9 Others
- 8.9.1 Overview
- 8.9.2 Others: E-House Market - Revenue, and Forecast to 2028 (US$ Million)

9. Europe E-House Market Analysis - By Application

9.1 Overview
9.2 Europe E-House Market, By Application (2021 and 2028)
9.3 Industrial
- 9.3.1 Overview
- 9.3.2 Industrial: E-House Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Utilities
- 9.4.1 Overview
- 9.4.2 Utilities: E-House Market - Revenue and Forecast to 2028 (US$ Million)

10. Europe E-House Market - Country Analysis

10.1 Overview
- 10.1.1 Europe: E-House Market- by Key Country
  - 10.1.1.1 Germany: E-House Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.1.1 Germany: E-House Market- by Type
    - 10.1.1.1.2 Germany: E-House Market- By Application
    - 10.1.1.1.3 Germany: E-House Market- By Component
  - 10.1.1.2 France: E-House Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.2.1 France: E-House Market- by Type
    - 10.1.1.2.2 France: E-House Market- By Application
    - 10.1.1.2.3 France: E-House Market- By Component
  - 10.1.1.3 Italy: E-House Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.3.1 Italy: E-House Market- by Type
    - 10.1.1.3.2 Italy: E-House Market- By Application
    - 10.1.1.3.3 Italy: E-House Market- By Component
  - 10.1.1.4 UK: E-House Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.4.1 UK: E-House Market- by Type
    - 10.1.1.4.2 UK: E-House Market- By Application
    - 10.1.1.4.3 UK: E-House Market- By Component
  - 10.1.1.5 Russia: E-House Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.5.1 Russia: E-House Market- by Type
    - 10.1.1.5.2 Russia: E-House Market- By Application
    - 10.1.1.5.3 Russia: E-House Market- By Component
  - 10.1.1.6 Rest of Europe: E-House Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.6.1 Rest of Europe: E-House Market- by Type
    - 10.1.1.6.2 Rest of Europe: E-House Market- By Application
    - 10.1.1.6.3 Rest of Europe: E-House Market- By Component

11. Industry Landscape

11.1 Overview
11.2 Merger and Acquisition
11.3 New Product Development

12. Company Profiles

12.1 ABB Ltd
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Eaton
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Becker Mining Systems AG
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Schneider Electric SE
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Siemens AG
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 WEG
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 Secheron
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Powergear Limited
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Powell Industries, Inc.
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments

13. Appendix

13.1 About the Insight Partners
13.2 Word Index