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          1. Switch, Connector & Other Wiring Device Manufacturing Industry Profile

            Report Page Length: 10-12
            Last Quarterly Update: 9/7/2020
            SIC Codes: 3643
            NAICS Codes: 335931
            Chapters Include:
            Industry Overview Trends & Challenges Industry Forecast
            Quarterly Industry Update Call Prep Questions Website & Media Links
            Business Challenges Financial Information Glossary & Acronyms
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            Excerpt from Switch, Connector & Other Wiring Device Manufacturing Industry Profile

            Companies in this industry make current-carrying electrical wiring devices, including bus bars, switches, connectors, and electrical receptacles (outlets) and plugs. Major companies include US-based Honeywell, Hubbell, and Leviton Manufacturing, as well as ABB (Switzerland), Eaton (Ireland), Panasonic subsidiary Anchor Electricals (India), Legrand and Schneider (both based in France), and SMK Corporation (Japan).

            The global current-carrying electrical wiring device manufacturing industry is expected to generate about $45 billion in revenue by 2020, according to Global Industry Analysts. Top countries for the manufacture of current-carrying electrical wiring devices include China, France, Germany, Japan, and the US.

            The US current-carrying electrical wiring device manufacturing industry includes about 400 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $8 billion. The industry does not include the manufacture of electrical wires and cables.

            COMPETITIVE LANDSCAPE

            Demand is driven by both residential and nonresidential construction spending. The profitability of individual companies depends on manufacturing efficiency and effective distribution. Large companies have advantages in economies of scale in purchasing, production, and distribution. Small companies can compete by offering niche products. The US industry is concentrated: the 50 largest companies account for about 75% of industry revenue.

            Imports, primarily from China, Mexico, Japan, and Germany, account for about 75% of the US market. About 80% of US production is exported, with the bulk of shipments going to Mexico.

            PRODUCTS, OPERATIONS & TECHNOLOGY

            Major products include switches for electrical circuitry ...

             
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