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Wiring Device Manufacturing in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Wiring Device Manufacturing in Canada Market Research Report | NAICS 33593CA | Mar 2016

Power up: Improving construction activity and a rise in exports will generate industry growth

IBISWorld’s Wiring Device Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$994m
Annual Growth 11-16
-0.5%
Annual Growth 16-21
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Profit
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Employment
3,456
Businesses
75
Industry Analysis & Industry Trends

The marginal increase in revenue for the Wiring Device Manufacturing industry has mostly been a result of fluctuations in demand from downstream industries. In 2009, domestic demand for wiring devices plummeted as demand from residential building construction fell. However, in the five years to 2021, a recovery in key downstream industries and a rise in exports will support revenue growth for the industry. The Canadian housing market is expected to increase steadily in the five years to 2021; as a result, demand from those industries for wiring devices, such as connectors and switches, will rise, driving industry revenue growth. Over the period, exports, especially to the United States, will help industry operators with an alternative revenue stream to help offset rising imports... purchase to read more

Industry Report - Starting a New Business Chapter

The major barriers to entry for this industry include access to the latest technology and skilled employees, as well as the benefits of reputation and client relationships held by incumbents. Furthermore, production teams must be able to create and develop efficient, reliable and safe electrical equipment.

The largest players in this industry have global operations, established production facilities and distribution arrangements, internally developed and acquired technologies, a large range of products and well-known brand names. Large, established firms can have relatively low unit costs in production and R&D because of their size. Scale can also increase negotiating power in purchasing raw materials, which represents a significant cost... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Wiring Device Manufacturing Industry?

This industry 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.

Industry Products
Wire connectors for electrical circuitryPole line and transmission hardwareElectrical conduit and conduit fittingsOther noncurrent-carrying wiring device and suppliesOther current-carrying wiring devices and suppliesSwitches for electrical circuitry
 
Industry Activities
Manufacturing electrical conduit and conduit fittingsManufacturing wire connectors for electrical circuitryManufacturing switches for electrical circuitryManufacturing pole line and transmission hardwareManufacturing convenience power outletsManufacturing lamp holdersManufacturing other current-carrying wiring devicesManufacturing other noncurrent-carrying wiring devices


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