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

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...read more.

Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 12-17
1.2%
Forecast Growth 17-22
Profit
Employment
10,526
Businesses
1,547

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
  • 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...purchase to read more.

    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..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    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
  • Wiring
  • Lighting
  • Relay and controls
  • Switches
  • 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
  • Similar Industries
  • Computer & Packaged Software Wholesaling
  • TV & Appliance Wholesaling
  • Electronic Part & Equipment Wholesaling
  • Heating & Air Conditioning Wholesaling
  • Electrical Equipment Wholesaling in California
  • Electronic Part & Equipment Wholesaling in California
  • Electrical Equipment Wholesaling in New York
  • Electronic Part & Equipment Wholesaling in New York
  • Electrical Equipment Wholesaling in Illinois
  • Electronic Part & Equipment Wholesaling in Illinois
  • Electronic Part & Equipment Wholesaling in Texas
  • Electrical Equipment Wholesaling in Texas
  • Electronic Part & Equipment Wholesaling in Florida
  • Electrical Equipment Wholesaling in Massachusetts
  • Electronic Part & Equipment Wholesaling in Massachusetts
  • Electronic Part & Equipment Wholesaling in Ohio
  • Electrical Equipment Wholesaling in Ohio
  • Electrical Equipment Wholesaling in Pennsylvania
  • Electronic Part & Equipment Wholesaling in Pennsylvania
  • Electrical Equipment Wholesaling in New Jersey
  • Electronic Part & Equipment Wholesaling in New Jersey
  • Electrical Equipment Wholesaling in Georgia
  • Electronic Part & Equipment Wholesaling in Georgia
  • Electrical Equipment Wholesaling in Michigan
  • Electronic Part & Equipment Wholesaling in Michigan
  • Electrical Equipment Wholesaling in Wisconsin
  • Electrical Equipment Wholesaling in Washington
  • Electrical Equipment Wholesaling in Virginia
  • Electrical Equipment Wholesaling in Tennessee
  • Electrical Equipment Wholesaling in Missouri
  • Electrical Equipment Wholesaling in North Carolina
  • Electrical Equipment Wholesaling in Minnesota
  • Electrical Equipment Wholesaling in Maryland
  • Electrical Equipment Wholesaling in Colorado
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    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

  • 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
    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

  • Graybar Electric Company Inc., Rexel, Anixter International Inc., Sonepar SA, Wesco 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

  • 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
    Table: Industry Data for the Electrical Equipment Wholesaling in Florida Industry
    Includes:
  • 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
    E-Commerce
  • 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.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Electrical Equipment Wholesaling in Florida Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    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.

    Contact Us

    Want to speak to a representative? Call us.

    clear