Latest Report Update: Oct 15, 2021

U.S. Noncurrent-Carrying Wiring Device Market. Analysis And Forecast to 2025
Update: COVID-19 Impact

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U.S.: Noncurrent-Carrying Wiring Device Market Overview 2021

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

The U.S. noncurrent-carrying wiring device market rose notably to $X in 2020, picking up by X% against the previous year. In general, consumption recorded pronounced growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Noncurrent-carrying wiring device consumption peaked at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

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

In value terms, noncurrent-carrying wiring device production totaled $X in 2020. Overall, production enjoyed a modest expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2020, production stood at a somewhat lower figure.

Noncurrent-Carrying Wiring Device Exports

Exports from the U.S.

In 2020, exports of noncurrent-carrying wiring devices from the U.S. declined notably to X units, waning by -X% against the previous year. Overall, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. As a result, exports reached the peak of X units. from 2017 to 2020, the growth exports failed to regain the momentum.

In value terms, noncurrent-carrying wiring device exports reduced to $X in 2020. Over the period under review, exports showed a pronounced reduction. The most prominent rate of growth was recorded in 2014 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at $X in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Mexico (X units) was the main destination for noncurrent-carrying wiring device exports from the U.S., accounting for a X% share of total exports. Moreover, noncurrent-carrying wiring device exports to Mexico exceeded the volume sent to the second major destination, China (X units), more than tenfold.

From 2013 to 2020, the average annual rate of growth in terms of volume to Mexico stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-X% per year) and Canada (-X% per year).

In value terms, Mexico ($X), Canada ($X) and China ($X) constituted the largest markets for noncurrent-carrying wiring device exported from the U.S. worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Canada saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2020, the average noncurrent-carrying wiring device export price amounted to $X per unit, surging by X% against the previous year. Overall, the export price showed buoyant growth. The growth pace was the most rapid in 2018 an increase of X% year-to-year. The export price peaked in 2020 and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per unit), while the average price for exports to Mexico ($X per unit) was amongst the lowest.

From 2007 to 2020, 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 mixed trend patterns.

Noncurrent-Carrying Wiring Device Imports

Imports into the U.S.

In 2020, overseas purchases of noncurrent-carrying wiring devices were finally on the rise to reach X units for the first time since 2017, thus ending a two-year declining trend. Overall, imports saw strong growth. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2020 and are expected to retain growth in years to come.

In value terms, noncurrent-carrying wiring device imports stood at $X in 2020. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X units) constituted the largest supplier of noncurrent-carrying wiring device to the U.S., accounting for a X% share of total imports. Moreover, noncurrent-carrying wiring device imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), fourfold. The third position in this ranking was occupied by Mexico (X units), with a X% share.

From 2013 to 2020, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+X% per year) and Mexico (-X% per year).

In value terms, the largest noncurrent-carrying wiring device suppliers to the U.S. were Mexico ($X), China ($X) and Canada ($X), together comprising X% of total imports. Germany, Taiwan (Chinese), Switzerland and Thailand lagged somewhat behind, together comprising a further X the main suppliers, Thailand (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average noncurrent-carrying wiring device import price amounted to $X per unit, declining by -X% against the previous year. In general, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. As a result, import price attained the peak level of $X per unit. from 2019 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Canada ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of noncurrent-carrying wiring devices to the U.S.?
+
In value terms, the largest noncurrent-carrying wiring device suppliers to the U.S. were Mexico ($108M), China ($76M) and Canada ($38M), with a combined 67% share of total imports. These countries were followed by Germany, Taiwan (Chinese), Switzerland and Thailand, which together accounted for a further 11%.
What are the leading importers of noncurrent-carrying wiring devices from the U.S.?
+
In value terms, Mexico ($94M), Canada ($61M) and China ($11M) appeared to be the largest markets for noncurrent-carrying wiring device exported from the U.S. worldwide, with a combined 53% share of total exports.
What is the average export price for noncurrent-carrying wiring devices in the U.S.?
+
The average noncurrent-carrying wiring device export price stood at $1.6 per unit in 2020, picking up by 12% against the previous year.
What is the average import price for noncurrent-carrying wiring devices in the U.S.?
+
The average noncurrent-carrying wiring device import price stood at $0.6 per unit in 2020, declining by -25.1% against the previous year.

Product coverage:
• NAICS 335932 - Noncurrent-carrying wiring device manufacturing

This report provides an in-depth analysis of the noncurrent-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:
• Preformed Line Products Company
• Wiremold Company
• The Gund Company
• Bridgeport Fittings Incorporated
• Obcorp
• Western Tube & Conduit Corp
• Electri-Flex Company (inc)
• Sherman & Reilly
• The Durham Co
• Weidmann Electrical Technology
• Monti
• Superior Technical Ceramics Corporation
• Dura-Line Corporation
• Eger Products
• Von Roll Usa
• Hubbell Incorporated
• Chase Corporation
• Dielectric Corporation
• Schoen Insulation Services
• Minerallac Company
• Mulberry Metal Products
• Robroy Industries
• Hubbell Wiegmann Inc.
• The Austin Company of Greensboro
• Anamet Electrical
• Appleton Grp
• Veja Electronics
• Bedford Materials Co.
• Superflex
• Killark Electric Manufacturing Co.
• Industrial Dielectrics Holdings
• Western Power Products
• Erico
• Apple JV Holding Corp

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 2013–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2013–2020
Table 3:
Market Value, 2013–2020
Table 4:
Per Capita Consumption In 2013–2020
Table 5:
Imports, In Physical Terms, By Country, 2013–2020
Table 6:
Imports, In Value Terms, By Country, 2013–2020
Table 7:
Import Prices, By Country Of Origin, 2013–2020
Table 8:
Exports, In Physical Terms, By Country, 2013–2020
Table 9:
Exports, In Value Terms, By Country, 2013–2020
Table 10:
Export Prices, By Country Of Destination, 2013–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2020
Figure 2:
Market Value, 2013–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2020
Figure 5:
Trade Balance, In Physical Terms, 2013–2020
Figure 6:
Trade Balance, In Value Terms, 2013–2020
Figure 7:
Per Capita Consumption, 2013–2020
Figure 8:
Market Forecast To 2030
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, 2013–2020
Figure 21:
Production, In Value Terms, 2013–2020
Figure 22:
Imports, In Physical Terms, 2013–2020
Figure 23:
Imports, In Value Terms, 2013–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2013–2020
Figure 26:
Imports, In Value Terms, By Country, 2013–2020
Figure 27:
Import Prices, By Country Of Origin, 2013–2020
Figure 28:
Exports, In Physical Terms, 2013–2020
Figure 29:
Exports, In Value Terms, 2013–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2013–2020
Figure 32:
Exports, In Value Terms, By Country, 2013–2020
Figure 33:
Export Prices, By Country Of Destination, 2013–2020

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