Switch, Connector & Other Wiring Device Manufacturing
Companies in this industry make current-carrying electrical wiring devices, including bus bars, switches, connectors, and electrical receptacles (outlets) and plugs. Major companies include US-based Honeywell, Hubbell, and Leviton Manufacturing, as well as ABB (Switzerland), Eaton (Ireland), Panasonic subsidiary Anchor Electricals (India), Legrand and Schneider (both based in France), and SMK Corporation (Japan).
The global current-carrying electrical wiring device manufacturing industry is expected to generate about $51.7 billion in revenue by 2027, according to Strategy R. Top countries for the manufacture of current-carrying electrical wiring devices include China, the US, Japan, Canada, and Germany.
The US current-carrying electrical wiring device manufacturing industry includes about 400 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $8 billion. The industry does not include the manufacture of electrical wires and cables.
Demand is driven by both residential and nonresidential construction spending. The profitability of individual companies depends on manufacturing efficiency and effective distribution. Large companies have advantages in economies of scale in purchasing, production, and distribution. Small companies can compete by offering niche products. The US industry is concentrated: the 50 largest companies account for about 80% of industry revenue.
Imports, primarily from China, Mexico, Japan, and Germany, account for about 3% of the US market. About 20% of US production is exported, with the bulk of shipments going to Canada.
Products, Operations & Technology
Major products include wiring devices, lamp holders, and outlet, which account for more than 30% of the industry revenue. Other products include electrical
Sales & Marketing
Finance & Regulation
Regional & International Issues
Also includes the following chapters:
Quarterly Industry Update
Trends and Opportunities
Call Preparation Questions
Glossary of Acronyms