AMA Research has published the 8th Edition of the report: “Electrical Accessories Market- UK 2009-2013”, which focuses on providing a comprehensive and up to date review of the structure of the electrical accessories market in 2009.

Product sectors reviewed include:

• WIRING ACCESSORIES
• LOW VOLTAGE CIRCUIT PROTECTION EQUIPMENT
• LOW VOLTAGE CABLE SYSTEMS

• New Housebuilding Market
• Construction Market
• Legislation
• Pricing
• International Trade

The market has declined significantly in the past 12 to 18 months as housebuilding and commercial construction have fallen. However, the market has benefited from a move to more integrated systems within both the domestic and commercial sectors providing value growth in the upper end of key sectors such as wiring accessories. The market remains vulnerable to import penetration and resultant downward price pressures are placing further pressure on UK based manufacturers’ margins.

Areas of particular interest:

• Continuation of acquisition strategy of some leading suppliers.
• Wiring accessories being supported by continuing demand for electrical appliances.
• Cable sector boosted by increased demand for higher specification products.
• Split-load consumer units and RCDs providing growth for domestic circuit protection.
• Key supplier analysis and market shares.
• Analysis of distribution structure and channels, key trends and prospects.
• Review of key legislation.

• ABB UK, A5 Products, Abacus Group, BG Electrical, Cable Management Products, Chint Europe (UK), City Electrical Factors, Contactum, Cooper Safety, Draka UK, Eaton Electric, Edmundson Electrical Ltd, Eldon Electric, Electric Center, E-T-A Circuit Breakers, GE Consumer and Industrial Power Protection, Gewiss UK, Greenbrook Electrical Plc, Hager UK, Hamilton Litestat Hellermann Tyton, Honeywell, IMO Precision Controls, Legrand Electric UK, Lewden Electrical Industries, Lyco, Machine Mart, Marshall Tufflex, Moeller Group, Nexans UK, Olson Electronics, Premier Farnell, Proteus Switchgear, Prysmian Cables & Systems, Rexel Group, Rittal Ltd, RS Components, Schneider Electric UK, Screwfix, Siemens Industry Automation and Drive Technologies Stearn Electric Company Ltd., The Hagemeyer Group, The Site Box , Timeguard, Toolstation, TT Electronics Plc, Tyco Electronics, Warehouse Direct, Weidmüller UK, Wieland Electric.

• OVERALL MARKET
• Total electrical accessories market - analysis of size by value, historical trends, market characteristics.
• Product Mix - by value 2009 and review of key market influences.
• Future prospects and forecasts of market performance to 2013 and key influencing factors.
• WIRING ACCESSORIES
• Market size and forecasts 2003-2013 including key underlying market drivers, influences and future prospects.
• Domestic new build, commercial and domestic RMI mix by value of wiring accessories. Effect of recent legislation and falling levels of consumer spending.
• Product mix by value - sockets, light switches, grid switches, lighting accessories, others.
• Key trends and factors for change by products group - in plugs, sockets, switches, lighting accessories, others. New build trend, aesthetics, lighting market trends, added value trends etc.
• LV CIRCUIT PROTECTION EQUIPMENT
• Market Size and forecasts 2003-2013 with key market drivers, influences and future prospects.
• Mix of domestic and industrial/commercial sectors - key application areas, future prospects.
• Product mix by value - key trends and factors influencing changes to product mix.
• LV CABLE SYSTEMS
• Market Size and forecasts 2003-2013 with key market drivers, influences and future prospects.
• Domestic and industrial/commercial applications - changes over time.
• Product mix by value - LV Power cables, busbars, cable accessories, cable management.
• Key trends and underlying drivers by product groups indicated above.
• SUPPLIERS
• Key suppliers for wiring accessories - market shares, key suppliers in product groups.
• Key suppliers for circuit protection equipment - market shares, key suppliers in product groups.
• Key suppliers for low voltage cable systems - key suppliers in product groups.
• Companies in the overall electrical accessories industry. Turnover, characteristics, ownership, major strengths and weaknesses, market consolidation, mergers and acquisitions.
• DISTRIBUTION
• Structure of the distribution market for electrical installation products.
• Channel share for each of key product sectors.

The electrical accessories market was valued at £1.3 billion in 2009, a decline of 17% from its peak in 2007. The collapse of many major banks at the end of 2008 saw credit availability fall dramatically and the housing market suffered, with house prices falling and construction in the domestic sector slowing dramatically. Low consumer confidence and spending saw other markets, including manufacturing and retail, experience poor trading resulting in a decline in non-domestic construction and manufacturing, driving the fall in value in the electrical accessories market. The UK economy is expected to start to improve from 2011, leading to higher levels of construction and increasing demand for electrical accessory products. Therefore the market is forecast to experience growth between 2011 and 2013.

Low voltage cable systems dominate the market, followed by circuit protection with and wiring accessories. However, cable systems have lost some share to circuit protection equipment as this sector benefits from growth in domestic consumer units and RCDs in response to changes in wiring regulations.

Pricing is a key characteristic of the market with competition from falling demand putting pressure on prices. It is likely to remain a key aspect of the market for some time into the future with low cost imports and raw material prices increasing as global demand regains old levels. Volatile fuel prices and legislative changes such as legislation concerning environmental issues and the introduction of the IEE Wiring Regulations 17th Edition which came into force in July 2008, have also affected the market.

There has been further consolidation of suppliers and this is likely to continue as large multi-national organisations seek to enhance product portfolios and as less profitable suppliers are forced out of the market in the current economic climate. Key suppliers include Schneider Electric, Siemens, Eaton Electrical, Honeywell, and ABB.

The distribution structure of the electrical accessories market is complex with a wide range of possible routes to market. Electrical wholesalers are central to the distribution network. Significant changes to the main distribution routes have been largely due to the trend to relocate production facilities outside of the UK. This has led to pre-packers playing an increasingly important role in distribution, particularly for products destined for retail channels. Direct supply from manufacturers to importers and contractors is also increasing. Super distributors have maintained a role in the distribution network, largely due to their ability to act as stock holders for customers further down the supply chain and are often used by large electrical retailers.

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Electricals and Electronics Retailing in Denmark
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