The Motors, Generators and Other Electrical Equipment Manufacturing industry has faced tough conditions over the past five years. Competition from import markets has increased substantially, as many international manufacturers are more cost-competitive than domestic manufacturers due to their lower wage and operating costs. Meanwhile, many local firms have shifted production offshore or exited the industry completely. As a result, industry revenue is estimated to decline at an annualised 2.0% over the five years through 2014-15.
Companies in the industry primarily manufacture electric motors, generators, electricity transmission and distribution equipment, switchgear, transformers, batteries and other electrical machinery, equipment, supplies and components. Firms that mainly repair and maintain electrical equipment are not included in the industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.