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 Key Buyers Chapter
The Power Circuit Breaker Manufacturing industry has a low level of market share concentration. In 2013, the four largest companies are expected to account for less than 25.0% of industry revenue. However, concentration has increased slightly in the past five years, as many companies in the industry have undergone merger and acquisition activity. For example, major player ABB Ltd. most recently acquired Thomas and Betts, a designer and manufacturer of electrical and communication market components, in 2012.
Although concentration is low, most of the companies in the industry have significant operations abroad. In these foreign markets, there has also been significant merger and acquisition activity... purchase to read more