Overview

Sparks fly: Downstream manufacturing is expected to grow in California, boosting industry revenue

The Electrical Equipment Manufacturing in California industry market report contains strategic analysis of the key drivers influencing the industry. Save hours of time on research and prospecting using IBISWorld’s standardized, up-to-date reports on thousands of industries. Our industry research provides growth and profit forecasts for a five-year outlook period, presented in a clear and user-friendly format.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • Manufacturing activity in California has grown due to economic growth, benefiting the industry
  • Average profit margins have been on the decline due to increased input costs
  • Growth in construction activity over the next five years will increase industry demand

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    Industry Analysis & Industry Trends

    Revenue for the Electrical Equipment Manufacturing industry in California is primarily derived from key downstream industries. Growth in key industries over the past five years has promoted revenue growth, and is expected to continue supporting revenue over the next five years. Although the number of enterprises in the industry have declined during the five-year period, revenue has grown due to rising demand. Manufacturing GDP for California has grown due to economic growth, which has driven consumer spending and business activity and has generated demand for manufactured goods. Revenue trends are expected to continue through the next five years...

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    Industry Report - Industry Investment Chapter

    The Electrical Equipment Manufacturing industry has a low level of capital investment, as many capital-intensive activities have been offshored. For every $1.00 spent on wages, it is estimated that industry manufacturers will spend $0.05 on capital investment. Operators spend the majority of their capital investment on new machinery and other operational equipment.

    Labor costs are high in this industry compared with other manufacturers, accounting for an estimated 26.0% of revenue. This industry requires relatively skilled labor, which contributes to the increasing average wage costs. While automated processes are being used more often, certain aspects of the manufacturing process cannot be easily automated, keeping wages high.

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    Additional Insights for the Electrical Equipment Manufacturing in California Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Electrical Equipment Manufacturing in California Industry are

  • Business expertise of operators
  • Adoption of latest available and most efficient technology and techniques
  • Access to high quality inputs
  • IBISWorld analysts also discuss how external factors such as Manufacturing GDP for California and Industrial production index in the Electrical Equipment Manufacturing in California industry impact industry performance..

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    Industry Products

    What is the Electrical Equipment Manufacturing in California Industry?

    This industry manufactures power, distribution and specialty transformers; electric motors, generators and motor-generator sets; switchgear and switchboard apparatus; relays; and industrial controls. Electrical equipment manufacturers sell their products to other manufacturing industries, wholesalers and the construction sector.

    Industry Products
    Switches
    Motors and generators
    Transformers
    Relays and industrial controls
    Industry Activities
    Manufacturing switchgear
    Manufacturing switchboard apparatus
    Manufacturing motors and generators
    Manufacturing relays
    Manufacturing industrial controls
    Manufacturing power, distribution and specialty transformers

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Manufacturing GDP for California
  • Industrial production index
  • Demand from building, developing and general contracting
  • Electric power consumption
  • Trade-weighted index

  • Current Performance
  • Rising demand spurs growth
  • Industry landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand growth continues
  • Industry landscape
  • Table: Electrical Equipment Manufacturing in California Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Electrical Equipment Manufacturing in California Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Heavy Engineering Construction
  • Construction Machinery Manufacturing
  • Semiconductor Machinery Manufacturing
  • Printing, Paper, Food, Textile & Other Machinery Manufacturing
  • Engine & Turbine Manufacturing
  • Wind Turbine Manufacturing
  • Power Tools & Other General Purpose Machinery Manufacturing
  • Electronic Part & Equipment Wholesaling

  • Key Selling Industries
  • Iron & Steel Manufacturing
  • Metal Wholesaling
  • Metalworking Machinery Manufacturing
  • Screw, Nut & Bolt Manufacturing
  • Wire & Spring Manufacturing

  • Products & Services
  • Relays and industrial controls
  • Switches
  • Transformers
  • Motors and generators
  • Chart: Electrical Equipment Manufacturing in California Industry Products and Services Segmentation

  • Major Markets
  • Wholesalers and retailers
  • Manufacturers
  • Exports
  • Utilities
  • Chart: Major Market Segmentation for the Electrical Equipment Manufacturing in California Industry

  • Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWages and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Electrical Equipment Manufacturing in California

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Electrical Equipment Manufacturing in California Industry

  • Major Companies
    Eaton Corporation plcIndustrial Electric Mfg Inc.MCI Transformer CorporationMyers Power Products Inc.Schneider Electric SA
  • Table: Eaton Corporation plc - financial performance
  • Table: Industrial Electric Mfg Inc. - financial performance
  • Table: MCI Transformer Corporation - financial performance
  • Table: Myers Power Products Inc. - financial performance
  • Table: Schneider Electric SA - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Electrical Equipment Manufacturing in California Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Electrical Equipment Manufacturing in California Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Manufacturing GDP for California (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Generator
  • An engine that converts mechanical energy into electrical energy by electromagnetic induction.
  • Offshore
  • The relocation of a company's business process, such as manufacturing or accounting, from one country to another, whether the work is outsourced or stays within the company.
  • Outsource
  • To procure goods or services under contract with an outside supplier.
  • Relay
  • An electrical device in which current flowing through one circuit can switch a current in a second circuit on and off.
  • Switchgear
  • An electrical apparatus used to open and close circuits; may also include devices that provide protection for apparatus connected to an electrical supply.
  • Transformer
  • An electrical device by which alternating current of one voltage is changed to another voltage.
  • Wholesale Bypass
  • A popular trend within retail and manufacturing industries where producers supply goods directly to stores, eliminating the middleman.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Electrical Equipment Manufacturing in California:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Electrical Equipment Manufacturing in California market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Electrical Equipment Manufacturing in California, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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