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U.S. Current-Carrying Wiring Device Market. Analysis And Forecast to 2025
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U.S.: Current-Carrying Wiring Device Market Overview 2020

Current-Carrying Wiring Device Market Size in the U.S.

The U.S. current-carrying wiring device market surged to $X in 2019, rising by X% against the previous year. In general, consumption recorded a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Current-Carrying Wiring Device Production in the U.S.

In value terms, current-carrying wiring device production expanded modestly to $X in 2019. The total output value increased at an average annual rate of +X% over the period from 2013 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. Current-carrying wiring device production peaked in 2019 and is likely to see steady growth in the immediate term.

Current-Carrying Wiring Device Exports

Exports from the U.S.

In 2019, shipments abroad of current-carrying wiring devices increased by X% to X units, rising for the second consecutive year after four years of decline. Over the period under review, exports enjoyed a significant expansion. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, current-carrying wiring device exports declined to $X in 2019. The total export value increased at an average annual rate of +X% over the period from 2013 to 2019; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, exports reached the peak of $X, and then dropped in the following year.

Exports by Country

Mexico (X units) was the main destination for current-carrying wiring device exports from the U.S., with a X% share of total exports. Moreover, current-carrying wiring device exports to Mexico exceeded the volume sent to the second major destination, Honduras (X units), more than tenfold. Canada (X units) ranked third in terms of total exports with a X% share.

From 2013 to 2019, the average annual growth rate of volume to Mexico totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (+X% per year) and Canada (+X% per year).

In value terms, Mexico ($X) remains the key foreign market for current-carrying wiring device exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2013 to 2019, the average annual growth rate of value to Mexico totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and China (+X% per year).

Export Prices by Country

The average current-carrying wiring device export price stood at $X per unit in 2019, which is down by -X% against the previous year. In general, the export price saw a significant contraction. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The export price peaked at $X per unit in 2018, and then declined remarkably in the following year.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Canada ($X per unit), while the average price for exports to Honduras ($X per unit) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Canada, while the prices for the other major destinations experienced a decline.

Current-Carrying Wiring Device Imports

Imports into the U.S.

In 2019, the amount of current-carrying wiring devices imported into the U.S. soared to X units, jumping by X% compared with the previous year's figure. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, current-carrying wiring device imports reduced to $X in 2019. The total import value increased at an average annual rate of +X% from 2013 to 2019; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2018, and then declined slightly in the following year.

Imports by Country

China (X units), Mexico (X units) and Japan (X units) were the main suppliers of current-carrying wiring device imports to the U.S., together accounting for X% of total imports. These countries were followed by Germany, Malaysia, the UK, South Korea, France, Canada, Taiwan, Chinese and Indonesia, which together accounted for a further X 2013 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest current-carrying wiring device suppliers to the U.S. were Mexico ($X), China ($X) and Germany ($X), with a combined X% share of total imports. These countries were followed by Japan, Taiwan, Chinese, Canada, France, the UK, South Korea, Malaysia and Indonesia, which together accounted for a further X saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average current-carrying wiring device import price amounted to $X per unit, declining by -X% against the previous year. Over the period under review, the import price recorded a dramatic shrinkage. The growth pace was the most rapid in 2018 an increase of X% y-o-y. As a result, import price attained the peak level of $X per unit, and then dropped dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Mexico ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Mexico, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of current-carrying wiring devices to the U.S.?
+
In value terms, the largest current-carrying wiring device suppliers to the U.S. were Mexico ($1.7B), China ($1.4B) and Germany ($510M), with a combined 59% share of total imports. These countries were followed by Japan, Taiwan, Chinese, Canada, France, the UK, South Korea, Malaysia and Indonesia, which together accounted for a further 21%.
What are the leading importers of current-carrying wiring devices from the U.S.?
+
In value terms, Mexico ($3B) remains the key foreign market for current-carrying wiring device exports from the U.S., comprising 45% of total exports. The second position in the ranking was occupied by Canada ($961M), with a 14% share of total exports. It was followed by China, with a 5.1% share.
What is the average export price for current-carrying wiring devices in the U.S.?
+
In 2019, the average current-carrying wiring device export price amounted to $3.3 per unit, reducing by -84.9% against the previous year.
What is the average import price for current-carrying wiring devices in the U.S.?
+
The average current-carrying wiring device import price stood at $0.8 per unit in 2019, with a decrease of -76.6% against the previous year.

Product coverage:
• NAICS 335931 - Current-carrying wiring device manufacturing

This report provides an in-depth analysis of the current-carrying wiring device market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Companies mentioned:
• Leviton Manufacturing Co.
• Thomas & Betts Corporation
• Hubbell Incorporated
• The Siemon Company
• Glenair
• Burndy
• Pass & Seymour
• Radiall Usa
• Autosplice
• NGK Spark Plugs (u.s.a.)
• Delta Group Electronics
• Cinch Connectors
• Cooper Wiring Devices
• Tru Corporation
• Deringer-Ney Inc.
• Fargo Assembly Company
• Raycap
• Hubbell Power Systems
• Precision Engineered Products
• Carlisle, Safran Usa
• Legrand Holding
• Aviation Technologies
• Harvey Hubbell Caribe
• Prestolite Electric
• NGK Spark Plugs (u.s.a.) Holding
• Roxboro Holdings
• Tycom Limited
• Burndy Americas
• Carlyle Holdings
• Eci Holding

Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2013–2019
Table 3:
Market Value, 2013–2019
Table 4:
Per Capita Consumption In 2013–2019
Table 5:
Imports, In Physical Terms, By Country, 2013–2019
Table 6:
Imports, In Value Terms, By Country, 2013–2019
Table 7:
Import Prices, By Country Of Origin, 2013–2019
Table 8:
Exports, In Physical Terms, By Country, 2013–2019
Table 9:
Exports, In Value Terms, By Country, 2013–2019
Table 10:
Export Prices, By Country Of Destination, 2013–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2019
Figure 2:
Market Value, 2013–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2019
Figure 5:
Trade Balance, In Physical Terms, 2013–2019
Figure 6:
Trade Balance, In Value Terms, 2013–2019
Figure 7:
Per Capita Consumption, 2013–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2019
Figure 21:
Production, In Value Terms, 2013–2019
Figure 22:
Imports, In Physical Terms, 2013–2019
Figure 23:
Imports, In Value Terms, 2013–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2013–2019
Figure 26:
Imports, In Value Terms, By Country, 2013–2019
Figure 27:
Import Prices, By Country Of Origin, 2013–2019
Figure 28:
Exports, In Physical Terms, 2013–2019
Figure 29:
Exports, In Value Terms, 2013–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2013–2019
Figure 32:
Exports, In Value Terms, By Country, 2013–2019
Figure 33:
Export Prices, By Country Of Destination, 2013–2019

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