Industry Analysis & Industry Trends
Over the five years to 2017, the Wiring Device Manufacturing industry has been forced to contend with increased competition from abroad, falling product prices and declining prices of key input materials. The majority of the products produced by industry operators are low value-added parts that act as components of a greater electrical system. As a result, products tend to be highly commoditized, driving price competition within the industry. Over the five years to 2022, continued growth in downstream construction markets, supported by a return to growth in the nonresidential sector, is projected to improve product demand. In addition, industrial capacity utilization is forecast to maintain steady growth over the period... purchase to read more
Industry Report - Industry Locations Chapter
Wiring Device Manufacturing establishments are concentrated in Quebec and Ontario, representing a 54.6% and 20.6% of establishments in 2017, respectively. British Columbia is the next largest region, accounting for 19.6% of establishments. The majority of industries and markets that use wiring devices are located in similar regions. This regional breakdown tends to follow the general trends exhibited by manufacturing overall in Canada.
The majority 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. The.. purchase to read more