Electrical Equipment Wholesaling in Canada
Over the five years to 2018, revenue for the Electrical Equipment Wholesaling industry is anticipated to increase due to strengthened manufacturing activity and residential construction. Since a majority of industry products are essential components in construction and manufacturing, industry revenue tends to ebb and flow with the overall health of these two sectors. Consequently, IBISWorld expects industry revenue to increase over the five years to 2018. Moving forward, industry revenue is forecast to continue, bolstered by persistent improvements in construction activity and industrial production. As manufacturers continue to automate their production processes, demand for industry products, such as industrial relays and controls, will likely increase. Similarly, eco-friendly initiatives geared toward reducing power consumption are expected to bolster demand for new energy-efficient electrical equipment and upgrades to existing systems.
This industry distributes electrical construction materials, wiring supplies, electric light fixtures, light bulbs, security systems and electrical power equipment for the generation, transmission, distribution or control of electric energy (e.g. switchboards, circuit breakers, switches and fuses). This industry does not wholesale electronic components.
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.