Electronic Part & Equipment Wholesaling in Canada - Industry Market Research Report

Equipped for anything: The industry will likely face challenges from declining product prices, which could undermine profit growth

The Electronic Part and Equipment Wholesaling industry primarily deals with new and used electronic components, navigational and communication equipment and related supplies. Industry revenue has been rising at a CAGR of 2.3% to $19.2 billion over the five years to 2023. This includes a 1.4% increase in 2023 alone. Growth has been predominantly driven by the rise in consumer spending and corporate profit which has stimulated demand for electronic parts and equipment from both consumers and businesses. Despite the global economy having been hamstrung by the COVID-19 pandemic, electronic part and equipment wholesalers have benefited in its wake as manufacturers and dealers replenish diminished inventories and stockpile new goods to hedge against future supply chain shortages. This industry is made up of operators primarily engaged in wholesaling new and used electronic components, navigational and communications equipment and supplies. It also includes operators primarily engaged in wholesaling telephones, intercoms, pagers and public address systems. Operators that wholesale computers and related equipment are excluded. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.