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Wiring Device Manufacturing in Canada - Industry Market Research Report

Publisher IBISWorld
Published Dec 01, 2024
Length 81 Pages
SKU # IBSS19493081

Description

Wiring Device Manufacturing in Canada - Industry Market Research Report


Wiring Device Manufacturing in Canada

Strong import penetration has created a ceiling for the Wiring Device Manufacturing industry in Canada, while domestic demand has fluctuated as a result of the COVID-19 pandemic. Foreign competition from less-expensive products has hurt the viability of domestically-manufactured products, while a strong Canadian dollar has hurt exports abroad. The pandemic has created a further seesaw in downstream markets, as residential construction demand was counteracted by a decline in commercial construction. Despite growth in 2020 and 2021, industry revenue has been declining at a CAGR of 6.6% over the past five years, and is expected to total $888.9 million in 2023. This includes a 1.7% rise in the current year.

The Wiring Device Manufacturing industry in Canada manufactures current-carrying wiring devices and noncurrent-carrying wiring devices for wiring electrical circuits. Examples of products include outlet and switch electrical wiring boxes, electrical insulators, transmission pole and line hardware, electrical metallic tubes, switches, conductor connectors, electric sockets, plugs and electric cords.

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.

Table of Contents

81 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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