Wiring Device Manufacturing in the US - Industry Market Research Report
Description
Wiring Device Manufacturing in the US
The Wiring Device Manufacturing industry has exhibited moderately volatile revenue over the five years to 2019; however, revenue has stagnated overall. Industry performance is tied to downstream industrial and construction activity, which has demonstrated large fluctuations. As residential construction activity increased sharply during the first half of the five-year period, industry revenue followed. However, while downstream markets have improved, low commodity prices have pulled down industry prices and impeded industrial demand. Continued growth in building activity and increased spending on efficient, secure and safe electrical equipment are projected to reverse revenue trends over the five years to 2024. As supply tightens and demand grows for commodities such as oil and copper, their prices are expected to increase. This trend is expected to increase selling prices for industry operators. Moreover, an expected increase in industry exports over the five years to 2024 is anticipated to support industry revenue during the outlook period.
Companies in this industry manufacture current-carrying wiring devices and noncurrent-carrying wiring devices for wiring electrical circuits. These include products such as 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.
The Wiring Device Manufacturing industry has exhibited moderately volatile revenue over the five years to 2019; however, revenue has stagnated overall. Industry performance is tied to downstream industrial and construction activity, which has demonstrated large fluctuations. As residential construction activity increased sharply during the first half of the five-year period, industry revenue followed. However, while downstream markets have improved, low commodity prices have pulled down industry prices and impeded industrial demand. Continued growth in building activity and increased spending on efficient, secure and safe electrical equipment are projected to reverse revenue trends over the five years to 2024. As supply tightens and demand grows for commodities such as oil and copper, their prices are expected to increase. This trend is expected to increase selling prices for industry operators. Moreover, an expected increase in industry exports over the five years to 2024 is anticipated to support industry revenue during the outlook period.
Companies in this industry manufacture current-carrying wiring devices and noncurrent-carrying wiring devices for wiring electrical circuits. These include products such as 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
53 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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