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 2019, 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 2019; 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 - Industry Locations Chapter
On the whole, Wiring Device Manufacturing establishments in Canada are located in the regions of Quebec and Ontario, representing a combined total of 77.0% of all recorded establishments in 2013. British Columbia and Alberta follow, accounting for a respective 14.9% and 3.5% of establishment numbers.
The majority of industries and markets that use wiring devices are located in similar regions. For example, 74.6% of the Electrical Equipment Manufacturing industry (IBISWorld report 33531CA) is located in Ontario and Quebec. This trend reflects the desire of wiring device manufacturers to be located close to their selected markets given the nature of the production process and the interest to save on transportation costs... purchase to read more