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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 Hubbell, Leviton Manufacturing, and GE, as well as ABB (Switzerland), 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 $45 billion in revenue by 2020, according to Global Industry Analysts. Top countries for the manufacture of current-carrying electrical wiring devices include China, France, Germany, Japan, and the US.
The US current-carrying electrical wiring device manufacturing industry includes more than 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 75% of industry revenue.
Imports, primarily from Mexico, China, Japan, and Germany, account for about 45% of the US market. About half of US production is exported, chiefly to Mexico, Canada, China, Japan, and Germany.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major products include switches for electrical circuitry (about 35% of revenue); wiring devices, ...
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