Industry Analysis & Industry Trends
The Wire Device Manufacturing industry was only slightly hurt by the recession, having consistently grown since 2010. Rising demand for construction electrical equipment will continue to spur growth in the five years to 2018... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
Well-established products and clearly segmented product groups characterize the Wiring Device Manufacturing industry. New products typically replace or supplement old products rather than create new markets, especially with noncurrent-carrying wiring device products. A stable product line indicates that the industry is in the mature phase of its economic life cycle.
Furthermore, the industry's contribution to the overall economy, measured by industry value added (IVA), is forecast to stay flat in the 10 years to 2018. The lack of change in IVA is explained by the 2009 contraction in industry activity following the housing crisis and the subsequent recovery in industrial activity... purchase to read more