The market is dominated by foreign suppliers, as imports account for 57.6% of total market size in 2022. B2B drives market demand, with B2B spending representing 96.7% of total demand in 2022. The US has the largest market size for electricity distribution and control apparatus across the top 20 developed countries, with demand reaching USD85.3 billion in 2022. Eaton Corp Plc is the largest company in the US, generating 17.1% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 44.0% of total production value in 2022. The total number of companies decreases in 2022, to 3,286 units. The costs of the industry increase by 3.2% in 2022, largely driven by rising labour costs. The industry’s profitability increases and stands at 26.3% of production value in 2022, the second highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 39.0% of total production output. With production value of USD46.0 billion, the US accounts for 90.0% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Electricity Distribution and Control Apparatus in the US: ISIC 312. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electricity Distribution and Control Apparatus in the US: ISIC 312 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of electricity generation, distribution and storage equipment, computers, office machinery and communications equipment, and medical and precision equipment.
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