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 Investment Chapter
The Wiring Device Manufacturing industry is characterized by a low level of capital intensity. In 2013, the industry is expected to invest $0.09 on capital per one dollar spent on labour. This ratio is lower than the average for all manufacturing industries, mainly because in the Wiring Device Manufacturing industry a significant share of the industry's revenue is allocated to wages.
Direct labour costs are above average in this industry, accounting for 16.4% of revenue. Employment and wages are expected to increase in the five years to 2018, as key downstream markets pick up. Due to higher labour costs, industry operators in Canada are susceptible to competition from products imported from foreign countries where wages are lower, such as China... purchase to read more