Live wire: The booming construction sector will help drive industry growth in Florida

IBISWorld’s industry research report on Electrical Equipment Wholesaling in Florida can be used to help you understand the industry’s market size, growth potential and major companies. Five-year forecasts provide insight into the industry’s prospects, so you can make decisions with confidence. This information is perfectly suited to informing your business plans, pitch books, benchmarking and SWOT analysis.


Industry Threats & Opportunities

  • Industry operators rely primarily on the construction and industrial sectors as their key customers
  • An increase in manufacturing activity tends to support revenue for industry operators
  • Construction markets are expected to continue growing, which is forecast to drive revenue growth

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    Industry Analysis & Industry Trends

    The Electrical Equipment Wholesaling industry in Florida has experienced revenue growth over the past five years, largely due to improvements in the industrial and construction sectors, key customers for industry operators. Over the five years to 2017, construction activity in Florida has expanded rapidly as the state's economy continued to improve, which boosted demand for industry products. However, falling commodity prices inhibitied revenue gains over the period to a certain extent. Over the next five years, reveue is forecast to continue growing, in line expected rises in state GDP, construction activity and commodity prices...

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    Industry Report - Industry Key Buyers Chapter

    Similar to its national counterpart, the Electrical Equipment Wholesaling industry in Florida is highly fragmented. However, in Florida, there are two operators that are expected to hold a market share above 5.0%. As a result, market share concentration is higher than the level exhibited at the US industry level. In general, the industry's markets tend to be localized, which supports smaller localized industry operators. Moreover, industry operating structure lets companies maintain very lean staffs, which enables operators to enter the state industry easily. Overall, industry concentration is low and has remained low during the five-year period.


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    Additional Insights for the Electrical Equipment Wholesaling in Florida Industry

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

  • Ability to quickly adopt new technology
  • Having links with suppliers
  • Ability to control stock on hand
  • IBISWorld analysts also discuss how external factors such as Manufacturing GDP for Florida and Value of Residential Construction in Florida in the Electrical Equipment Wholesaling in Florida industry impact industry performance..

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    Industry Products

    What is the Electrical Equipment Wholesaling in Florida Industry?

    This industry includes operators primarily engaged in the merchant wholesale distribution of electrical construction materials, wiring supplies, electric light fixtures, light bulbs, security systems and electrical power equipment for the generation, transmission, distribution or control of electric energy (e.g. switchboards, circuit breakers, switches and fuses). This industry does not wholesale electronic components.

    Industry Products
    Relay and controls
    Motors and generators
    Power and distribution
    Industry Activities
    Light fixture and light bulb wholesaling
    Motor and generator (except motor vehicle) wholesaling
    Relay and industrial control wholesaling
    Cable or wire wholesaling
    Security system wholesaling
    Switchgear and switchboard wholesaling
    Transformer (except electronic) wholesaling
    Electrical transmission equipment wholesaling
    Other electrical equipment wholesaling

    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 Florida
  • Value of Residential Construction in Florida
  • Number of businesses in Florida
  • Oil and natural gas price index
  • Price of semiconductor and electronic components

  • Current Performance
  • Construction markets grow
  • Broad indicators
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Growth factors
  • Structural movements
  • Table: Electrical Equipment Wholesaling in Florida Industry Revenue Outlook

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

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Electric Power Transmission
  • Electricians
  • Major Household Appliance Manufacturing
  • Automobile Electronics Manufacturing
  • Lumber & Building Material Stores

  • Key Selling Industries
  • Battery Manufacturing
  • Electrical Equipment Manufacturing
  • Lighting & Bulb Manufacturing
  • Power Conversion Equipment Manufacturing
  • Wire & Cable Manufacturing
  • Wiring Device Manufacturing

  • Products & Services
  • Lighting
  • Wiring
  • Other
  • Relay and controls
  • Power and distribution
  • Switches
  • Motors and generators
  • Chart: Electrical Equipment Wholesaling in Florida Industry Products and Services Segmentation

  • Major Markets
  • Construction
  • Commercial
  • Industrial
  • Retailers
  • Government
  • Utilities
  • Other
  • Chart: Major Market Segmentation for the Electrical Equipment Wholesaling in Florida Industry

  • Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciationRent, utilities and other expenses
  • Chart: Cost Structure Benchmarking – Sector vs Electrical Equipment Wholesaling in Florida

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

  • Major Companies
    Graybar Electric Company Inc.RexelAnixter International Inc.Sonepar SAWesco International Inc.
  • Table: Graybar Electric Company Inc. - financial performance
  • Table: Rexel - financial performance
  • Table: Anixter International Inc. - financial performance
  • Table: Sonepar SA - financial performance
  • Table: Wesco International Inc. - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Electrical Equipment Wholesaling in Florida 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 Wholesaling in Florida Industry
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Number of businesses in Florida (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
  • The buying and selling of products or services over electronic systems, such as the internet and other computer networks. Businesses engaged in e-commerce are often called e-tailers.
  • Industrial Control
  • Systems that control industrial production and distribution
  • Relay
  • An electromechanical or solid-state device operated by variations in the input which in turn operate or control other devices connected to the output.
  • Switchboard
  • A panel containing buttons for connecting and disconnecting telephone or electrical circuits.
  • Switchgear
  • The aggregate of switching devices for a power or transforming station, or for an electric motor.
  • Transformer
  • An electrical device by which alternating current of one voltage is changed to another voltage.
  • 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 Wholesaling in Florida:
    • 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 Wholesaling in Florida 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 Wholesaling in Florida, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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