Electrical Equipment Manufacturing in the US
Over the five years to 2016, the Electrical Equipment Manufacturing industry was forced to contend with increased international competition and the lingering effects of the sluggish economic recovery. Some of the largest consumers of this industry's products, including industries involved in nonresidential construction and manufacturing, saw mixed performance over the five-year period. Expected upgrades in infrastructure are anticipated to stimulate demand for industry products over the five years to 2021. Additionally, new construction activity and growth in the manufacturing sector will further increase demand for industry products. However, over the next five years, exports are expected to increase at a dismal rate. Industry growth will also be constrained by the increasing penetration of imports.
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 sell their products to other manufacturing industries, wholesalers and the construction sector.
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.
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