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Wiring Device Manufacturing in Canada - Industry Market Research Report

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    Report

  • 37 Pages
  • July 2023
  • Region: Canada
  • IBISWorld
  • ID: 4062242

Wired up: Growth in downstream construction markets is expected to improve product demand domestically

Strong import penetration has created a ceiling for the Wiring Device Manufacturing industry in Canada, while domestic demand has fluctuated as a result of the COVID-19 pandemic. Foreign competition from less-expensive products has hurt the viability of domestically-manufactured products, while a strong Canadian dollar has hurt exports abroad. The pandemic has created a further seesaw in downstream markets, as residential construction demand was counteracted by a decline in commercial construction. Despite growth in 2020 and 2021, industry revenue has been declining at a CAGR of 6.6% over the past five years, and is expected to total $888.9 million in 2023. This includes a 1.7% rise in the current year.

The Wiring Device Manufacturing industry in Canada manufactures current-carrying wiring devices and noncurrent-carrying wiring devices for wiring electrical circuits. Examples of products include outlet and switch electrical wiring boxes, electrical insulators, transmission pole and line hardware, electrical metallic tubes, switches, conductor connectors, electric sockets, plugs and electric cords.

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.


Table of Contents

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ABB Inc.
  • Hubbell Incorporated

Methodology

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