Despite experiencing a significant decline initially, the Wiring Device Manufacturing industry has been recovering alongside the overall economy. The industry turned a corner in 2010, with increases in both housing starts and nonresidential construction activity boosting demand for industry products. Over the coming years, the industry is expected to continue benefiting from improved economic conditions. Construction activity, consumer spending and private investment are all expected to increase over the period.
Companies in this industry manufacture current-carrying wiring devices and noncurrent-carrying wiring devices for wiring electrical circuits. These include products such as 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.
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.