Over the past five years, the industry struggled to recover from the global economic downturn. Rising import penetration, coupled with the unfavourable Canadian-dollar exchange rate, will lead to continued losses this year. However, recovery in the construction and manufacturing sectors will lead to renewed industry growth. Moving forward, consolidation by operators will facilitate greater economies of scale.
This industry manufactures power, distribution and specialty transformers; electric motors, generators and motor-generator sets; switchgear and switchboard apparatus; relays; and industrial controls. Electrical equipment manufacturers distribute their products to other manufacturing industries, wholesalers and the construction industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.