Electrical Equipment Wholesaling in the US - Industry Market Research Report

Electrical Equipment Wholesaling in the US - Industry Market Research Report

Electrical Equipment Wholesaling in the US

The Electrical Equipment Wholesaling industry comprises companies that distribute essential electrical materials, such as wiring supplies, light fixtures and bulbs, electrical power equipment, circuit breakers and fuses. Due to a wholesaler's role as a supply chain intermediary between manufacturers and end users, namely construction and industrial industries, industry operators are reliant on demand from these downstream markets. Since industrial and construction activities generally follow broader macroeconomic patterns, wholesalers experience heightened demand during periods of economic expansion. Thus, an increasing GDP has supported strong investment in construction projects, computer and software development and utility upgrades, benefiting industry wholesalers. To keep up with the increasing need for electrical equipment, the current period has been marked by acquisition activity among the industry's largest players seeking to expand distribution networks. Overall, industry revenue grew at a CAGR of 0.2% to $218.0 billion over the past five years, despite a decrease of 0.9% in 2023.

This industry includes operators primarily engaged in the merchant wholesale distribution of electrical construction materials, wiring supplies, electric light fixtures, light bulbs, security systems and electrical power equipment for the generation, transmission, distribution or control of electric energy (e.g. switchboards, circuit breakers, switches and fuses). This industry does not wholesale electronic components.

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.