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U.S. Switchgear And Switchboard Apparatus Market. Analysis And Forecast to 2025
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U.S.: Overview of the Market for Switchgear And Switchboard Apparatus 2021

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Market Size for Switchgear And Switchboard Apparatus in the U.S.

In 2020, the U.S. switchgear and switchboard apparatus market decreased by -X% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption faced a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the market value increased by X% against the previous year. Switchgear and switchboard apparatus consumption peaked at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Production of Switchgear And Switchboard Apparatus in the U.S.

In value terms, switchgear and switchboard apparatus production expanded slightly to $X in 2020. Over the period under review, production continues to indicate a moderate expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% year-to-year. Switchgear and switchboard apparatus production peaked at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

Exports of Switchgear And Switchboard Apparatus

Exports from the U.S.

In 2020, after two years of growth, there was significant decline in overseas shipments of switchgear and switchboard apparatus, when their volume decreased by -X% to X units. In general, exports, however, recorded tangible growth. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. As a result, exports attained the peak of X units, and then contracted in the following year.

In value terms, switchgear and switchboard apparatus exports fell to $X in 2020. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. from 2019 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Mexico (X units), the Dominican Republic (X units) and Canada (X units) were the main destinations of switchgear and switchboard apparatus exports from the U.S., together accounting for X% of total exports.

From 2013 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Dominican Republic (+X% per year), while exports for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for switchgear and switchboard apparatus exported from the U.S. were Mexico ($X), Canada ($X) and the Dominican Republic ($X), together accounting for X% of total exports.

In terms of the main countries of destination, the Dominican Republic saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average switchgear and switchboard apparatus export price stood at $X per unit in 2020, which is down by -X% against the previous year. Overall, the export price showed a noticeable reduction. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Canada ($X per unit), while the average price for exports to the Dominican Republic ($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 a decline.

Imports of Switchgear And Switchboard Apparatus

Imports into the U.S.

In 2020, after three years of growth, there was significant decline in purchases abroad of switchgear and switchboard apparatus, when their volume decreased by -X% to X units. Over the period under review, imports showed a sharp contraction. The pace of growth was the most pronounced in 2019 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

In value terms, switchgear and switchboard apparatus imports dropped notably to $X in 2020. Overall, imports faced a dramatic shrinkage. The pace of growth was the most pronounced in 2018 when imports increased by X% year-to-year. Imports peaked at $X in 2019, and then declined dramatically in the following year.

Imports by Country

Mexico (X units), China (X units) and Germany (X units) were the main suppliers of switchgear and switchboard apparatus imports to the U.S., with a combined X% share of total imports. These countries were followed by Taiwan (Chinese), the UK, Indonesia, South Africa, South Korea, Switzerland, Tunisia and the Dominican Republic, which together accounted for a further X 2013 to 2020, the biggest increases were in Tunisia, while purchases for the other leaders experienced mixed trend patterns.

In value terms, Mexico ($X) constituted the largest supplier of switchgear and switchboard apparatus to the U.S., comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2013 to 2020, the average annual growth rate of value from Mexico stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Germany (-X% per year).

Import Prices by Country

The average switchgear and switchboard apparatus import price stood at $X per unit in 2020, increasing by X% against the previous year. In general, the import price enjoyed a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Switzerland ($X per unit), while the price for Indonesia ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, 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 switchgear and switchboard apparatus to the U.S.?
+
In value terms, Mexico ($186M) constituted the largest supplier of switchgear and switchboard apparatus to the U.S., comprising 33% of total imports. The second position in the ranking was occupied by China ($54M), with a 9.4% share of total imports. It was followed by Germany, with a 6.6% share.
What are the leading importers of switchgear and switchboard apparatus from the U.S.?
+
In value terms, the largest markets for switchgear and switchboard apparatus exported from the U.S. were Mexico ($1.5B), Canada ($1.3B) and the Dominican Republic ($243M), with a combined 54% share of total exports.
What is the average export price for switchgear and switchboard apparatus in the U.S.?
+
In 2020, the average switchgear and switchboard apparatus export price amounted to $2.6 per unit, shrinking by -5.4% against the previous year.
What is the average import price for switchgear and switchboard apparatus in the U.S.?
+
The average switchgear and switchboard apparatus import price stood at $15 per unit in 2020, rising by 247% against the previous year.

Product coverage:
• NAICS 335313 - Switchgear and switchboard apparatus manufacturing

This report provides an in-depth analysis of the market for switchgear and switchboard apparatus 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:
• Schneider Electric Usa
• S & C Electric Company
• Liebert Corporation
• Mitsubishi Electric Power Products
• Littelfuse
• Grayhill
• G & W Electric Company
• Hitachi Hvb
• Russelectric
• Southern States
• M. & G. Electronics Corp.
• Coghlin Companies
• Cooper Bussmann
• Powercon Corporation
• Delta Systems
• Switchcraft
• Technology Research Corporation
• Indicon Corporation
• Professional Power Products
• GE Zenith Controls
• Northern Star Industries
• Simplex
• M&I Electric Industries
• Alstom Grid
• Electro Switch Corp.
• Korry Electronics Co.
• McGraw-Edison Company
• Luminator Technology Group
• Switchcraft Holdco
• US Test Company 507
• Kinetek Industries
• Columbia Electrical Contractors
• Cutler-Hammer De Puerto Rico

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 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, 2013–2020
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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