The market is dominated by foreign suppliers, as imports account for 68.1% of total market size in 2020. B2B drives market demand, with B2B spending representing 86.7% of total demand in 2020. Canada has the seventh largest market size for electricity distribution and control apparatus across the top 20 developed countries, with demand reaching USD8.1 billion in 2020. ABB Inc is the largest company in Canada, generating 5.7% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 21.5% of total production value in 2020. The total number of companies decreases in 2020, to 1,545 units. The costs of the industry decrease by 4.8% in 2020, largely driven by declining B2B costs. The industry’s profitability increases and stands at 5.3% of production value in 2020, the 17th highest across the top 20 developed countries. With production value of USD4.9 billion, Canada accounts for 11.2% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Electricity Distribution and Control Apparatus in Canada: 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 Canada: ISIC 312 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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