Electrical Products Manufacturing
Companies in this industry manufacture electrical equipment, appliances, and electrical components. Major companies include Energizer Holdings, GE, General Cable, Hubbell, Rockwell Automation, and Whirlpool (all based in US), as well as Legrand (France), LG Electronics (South Korea), Mitsubishi Electric (Japan), Philips Lighting (the Netherlands), Prysmian (Italy), and Siemens (Germany).
Top countries for electrical products manufacturing include China, France, Germany, Japan, South Korea, and the US. Electrical product production and demand have traditionally come from established markets in North America and Western Europe, but industrialization and urbanization in emerging markets are creating new electrical product market opportunities, as well as competitive pressures.
The US electrical products manufacturing industry includes about 5,700 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $125 billion.
Key components of the electrical products manufacturing industry are also addressed in the following industry profiles: Battery Manufacturing; Household Appliance Manufacturing; Industrial Control Products Manufacturing; Lighting Equipment Manufacturing; Motor & Generator Manufacturing; and Switch, Connector & Other Wiring Device Manufacturing.
Due to product diversity, demand is driven by a number of factors, including consumer income, construction spending, and industrial production. The profitability of individual companies depends on efficient operations, technological expertise, and effective marketing. Large companies have economies of scale in purchasing, production, marketing, and distribution. Small companies can compete by offering niche or specialty products, and through superior customer service. Overall, the industry is concentrated: the top 50 companies account for more than 50% of industry revenue. Some specific industries in the electrical products sector -- including batteries, appliances, and motors and generators -- are highly concentrated. The top 50 companies in each of these industries account for 80% or more of industry revenue.
Electrical product imports, primarily from China, Mexico, Japan, and Germany, account for about 60% of the US market. Exports account for 50% of US production. Chief US export markets include Mexico, Canada, China, and Germany.
Products, Operations & Technology
Major products include household appliances, communication and energy wire and cable, wiring devices, and lighting equipment. Other primary categories
Sales & Marketing
Finance & Regulation
Regional & International Issues
Also includes the following chapters:
Quarterly Industry Update
Trends and Opportunities
Call Preparation Questions
Glossary of Acronyms