Australia and New Zealand Enclosures Market

Growth in Infrastructure and Construction Investment Drives Demand

  • Research Code : P85E-01-00-00-00
  • SKU : EG00228-AP-MR_00723
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  • Release Date : 20-Feb-2015
  • Region : Asia Pacific
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Enclosures are used across a range of end-user sectors. The development of end-users directly affects enclosure demand. In Australia and New Zealand, market revenue declined between 2012 and 2014 due to reduced capital expenditure in key end-user sectors such as power, utilities, and mining. Revenue will return to normalized growth in 2015, driven by investments in the national broadband network and in hospital and infrastructure construction sectors. Enclosure products have been largely commoditized and can be purchased off-the-shelf. Growth opportunities exist in the customized-products market where design and technological expertise are highly valued. The market is extremely competitive and 3 leading suppliers control 80% of the market.
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