Switch, Connector & Other Wiring Device Manufacturing
Brief Excerpt from Industry Overview Chapter:
Companies in this industry make current-carrying electrical wiring devices, including bus bars, switches, connectors, and electrical receptacles (outlets) and plugs. Major companies include US-based Honeywell, Hubbell, and Leviton Manufacturing, as well as ABB (Switzerland), Eaton (Ireland), Panasonic subsidiary Anchor Electricals (India), Legrand and Schneider (both based in France), and SMK Corporation (Japan).
COMPETITIVE LANDSCAPE
Demand is driven by both residential and nonresidential construction spending. The profitability of individual companies depends on manufacturing efficiency and effective distribution. Large companies have advantages in economies of scale in purchasing, production, and distribution. Small companies can compete by offering niche products. The US industry is concentrated: the 50 largest companies account for about 80% of industry revenue.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major products include wiring devices, lamp holders, and outlet, which account for more than 30% of the industry revenue. Other products include electrical circuitry switches (20%), special-purpose switches (20%), and wire connectors (more than 10%).
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook