Industry Analysis & Industry Trends
Over the past five years, the industry suffered in line with downstream construction, manufacturing and industrial production industries. Demand for newly manufactured power circuit breakers declined substantially during this time. Economic conditions have improved, however, and activity within these key downstream markets has grown along with a strengthening export market. Over the next five years, the industry will face rising competition from imports, but improved downstream market demand will allow the industry to grow.... purchase to read more
Industry Report - Industry Analysis Chapter
Over the past five years, the Power Circuit Breaker Manufacturing industry has suffered from instability in the US construction, manufacturing and industrial sectors. In general, the recession was detrimental to all three sectors, causing significant slowdowns in production and labor cutbacks, as well as eliminating other inefficient operations within each sector. As a result, IBISWorld expects industry revenue to fall at an annualized rate of 3.0% to roughly $1.8 billion over the five years to 2013.
Both commercial and residential construction suffered over the period, severely cutting into demand for newly manufactured power circuit breakers... purchase to read more