Bright spark: Increasing demand for energy-efficient products will raise industry revenue

Over the five years to 2018, revenue for the Electrical Equipment Wholesaling industry is anticipated to increase due to strengthened manufacturing activity and residential construction. Since a majority of industry products are essential components in construction and manufacturing, industry revenue tends to ebb and flow with the overall health of these two sectors. Consequently, IBISWorld expects industry revenue to increase over the five years to 2018. Moving forward, industry revenue is forecast to continue, bolstered by persistent improvements in construction activity and industrial production. As manufacturers continue to automate their production processes, demand for industry products, such as industrial relays and controls, will likely increase...read more.

Industry Statistics & Market Size
Revenue
$19bn
Annual Growth 13-18
2.6%
Forecast Growth 18-23
Profit
Employment
29,202
Businesses
1,501

Industry Threats & Opportunities

  • Industry revenue will trend higher, bolstered by improvements in construction activity
  • Increasing consolidation activity has been a boon for industry operators’ margins
  • Rising demand for power distribution electrical equipment will stimulate revenue growth
  • Industry Report - Industry Products Chapter

    Wire, cable and conduitThe wiring segment is expected to account for an estimated 21.2% of industry revenue in 2018. Wiring products include building wire, cables and conduits, all of which industrial contractors and electricians use. The construction and remodelling sectors, both of which were positively affected in the past five years due to improving economic conditions, drive building wire and cable volumes. However, volatile commodity prices have pressured sales prices, limiting growth for this segment.Communications and securityThe communications and security section is composed of communication and residential or commercial security monitoring systems, which make up 21.2% of industry revenue. The...purchase to read more.

    Additional Insights for the Electrical Equipment Wholesaling Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Electrical Equipment Wholesaling Industry are

  • Ability to quickly adopt new technology
  • Having links with suppliers
  • Ability to control stock on hand
  • IBISWorld analysts also discuss how external factors such as Demand from building, developing and general contracting and Demand from manufacturing in the Electrical Equipment Wholesaling industry impact industry performance..

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    What's in this report

    What is the Electrical Equipment Wholesaling Industry?

    This industry distributes electrical construction materials, wiring supplies, electric light fixtures, light bulbs, security systems and electrical power equipment for the generation, transmission, distribution or control of electric energy (e.g. switchboards, circuit breakers, switches and fuses). This industry does not wholesale electronic components.

    Industry Products
  • Wiring devices, fuses, terminals and connectors
  • Wire, cable and conduit
  • Communications and security products
  • Electrical distribution and controls
  • Lighting fixtures
  • Automation, controls and motors
  • Industry Activities
  • Light fixture and light bulb wholesaling
  • Motor and generator (except motor vehicle) wholesaling
  • Relay and industrial control wholesaling
  • Cable or wire wholesaling
  • Security system wholesaling
  • Switchgear and switchboard wholesaling
  • Transformer (except electronic) wholesaling
  • Electrical transmission equipment wholesaling
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from building, developing and general contracting
  • Demand from manufacturing
  • Electric power consumption
  • Housing starts
  • Number of fixed broadband connections
  • World price of crude oil

  • Current Performance
  • Active demand
  • Profit and competition
  • Chart: Revenue Growth

  • Industry Outlook
  • Positive trends and potential catalysts
  • Profit rises higher
  • Table: Electrical Equipment Wholesaling Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Electrical Equipment Wholesaling Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Electric Power Transmission in Canada
  • Electricians in Canada
  • Major Household Appliance Manufacturing in Canada
  • Automobile Electronics Manufacturing in Canada
  • Lumber & Building Material Stores in Canada

  • Key Selling Industries
  • Battery Manufacturing in Canada
  • Electrical Equipment Manufacturing in Canada
  • Lighting & Bulb Manufacturing in Canada
  • Wire & Cable Manufacturing in Canada
  • Wiring Device Manufacturing in Canada

  • Products & Services
  • Wire, cable and conduit
  • Communications and security products
  • Lighting fixtures
  • Wiring devices, fuses, terminals and connectors
  • Electrical distribution and controls
  • Automation, controls and motors
  • Chart: Electrical Equipment Wholesaling Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Construction
  • Industrial users
  • Utilities
  • Commercial, institutional and governmental
  • Chart: Major Market Segmentation for the Electrical Equipment Wholesaling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesRent, utilities and other expenses
  • Chart: Cost Structure Benchmarking – Sector vs Electrical Equipment Wholesaling

  • Basis of Competition
    InternalExternal
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Electrical Equipment Wholesaling Industry

  • Industry Globalization
    Wesco International Inc., Rexel Canada Electrical Inc.,
  • Table: Wesco International Inc. - financial performance
  • Table: Rexel Canada Electrical Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Electrical Equipment Wholesaling Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Electrical Equipment Wholesaling Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Electric power consumption (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    E-Commerce
  • The buying and selling of products or services over electronic systems, such as the internet and other computer networks. Businesses engaged in e-commerce are often called e-tailers.
  • Industrial Control
  • Systems that control industrial production and distribution.
  • Relay
  • An electromechanical or solid state device operated by variations in the input which in turn operate or control other devices connected to the output.
  • Switchboard
  • A panel containing buttons for connecting and disconnecting telephone or electrical circuits.
  • Switchgear
  • The aggregate of switching devices for a power or transforming station, or for an electric motor.
  • Transformer
  • An electrical device by which alternating current of one voltage is changed to another voltage.
  • Wholesale Bypass
  • A popular trend within retail and manufacturing industries where producers supply goods directly to stores, eliminating the middleman.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Electrical Equipment Wholesaling market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Electrical Equipment Wholesaling:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Electrical Equipment Wholesaling market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Electrical Equipment Wholesaling, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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