Industry Analysis & Industry Trends
Powered by strong deregulation in the energy sector, demand from utilities construction continued to rise even amid the economic downturn, aiding revenue for the Power Circuit Breaker Manufacturing industry. Over the five years to 2016, however, demand has shifted as utilities construction has waned and other construction markets have recovered. Most notably, the residential construction market has rebounded to double-digit growth in recent years. Consequently, industry revenue has grown over the period. Moving forward, the industry is poised for growth over the next five years. Its key downstream markets are set to increase production and output, which will benefit demand for newly manufactured power circuit breakers.... purchase to read more
Industry Report - Industry Investment Chapter
The Power Circuit Breaker Manufacturing industry has a low level of capital investment. For every $1.00 spent on wages, it is estimated that industry manufacturers will spend $0.07 on capital investment. Firms spend the majority of their capital investment on new machinery and other equipment. Capital expenditures fell in this industry in recent years due to heavy consolidation.
Labor costs are high in this industry compared with other manufacturers. This industry requires relatively skilled labor, which contributes to the higher average wage costs. The high labor costs, however, make this US industry susceptible to competition from products imported from countries where wages are lower. The industry has been addressing this threat through productivity and efficiency improvements... purchase to read more