The market is dominated by domestic suppliers, as imports account for 41.8% of total market size in 2022. B2B drives market demand, with B2B spending representing 99.6% of total demand in 2022. The US has the largest market size for electrical equipment for engines and vehicles across the top 20 developed countries, with demand reaching USD65.1 billion in 2022. Delphi Corp is the largest company in the US, generating 11.9% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 39.0% of total production value in 2022. The total number of companies decreases in 2022, to 2,357 units. The costs of the industry increase by 3.9% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 9.5% of production value in 2022, the 11th highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 19.7% of total production output. With production value of USD40.2 billion, the US accounts for 89.4% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Electrical Equipment for Engines and Vehicles in the US: ISIC 319. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electrical Equipment for Engines and Vehicles in the US: ISIC 319 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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