The market is dominated by foreign suppliers, as imports account for 77.6% of total market size in 2022. B2B drives market demand, with B2B spending representing 90.6% of total demand in 2022. Canada has the sixth largest market size for electricity distribution and control apparatus across the top 20 developed countries, with demand reaching USD9.5 billion in 2022. Siemens Canada Ltd is the largest company in Canada, generating 5.7% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 11.0% of total production value in 2022. The total number of companies increases in 2022, to 1,460 units. The costs of the industry increase by 14.3% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 3.9% of production value in 2022, the 19th highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 51.7% of total production output. With production value of USD5.1 billion, Canada accounts for 10.0% 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 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
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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