Switch, Connector & Other Wiring Device Manufacturing
Brief Excerpt from Industry Overview Chapter:
Companies in this industry make current-carrying electrical wiring devices, including bus bars, switches, connectors, and electrical receptacles (outlets) and plugs. Major companies include US-based Honeywell, Hubbell, and Leviton Manufacturing, as well as ABB (Switzerland), Eaton (Ireland), Panasonic subsidiary Anchor Electricals (India), Legrand and Schneider (both based in France), and SMK Corporation (Japan).
COMPETITIVE LANDSCAPE
Demand is driven by both residential and nonresidential construction spending. The profitability of individual companies depends on manufacturing efficiency and effective distribution. Large companies have advantages in economies of scale in purchasing, production, and distribution. Small companies can compete by offering niche products. The US industry is highly concentrated: the 50 largest companies account for over 80% of industry revenue.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major products include current-carrying wiring devices, which account for about 40% of the industry revenue. Other products include current-carrying switches for electricity circuitry (about 30%), and special-purpose switches (about 25%).