$279.9bn
$XX.Xbn
224k
12,196
$XX.Xbn
The industry comprises companies distributing essential electrical materials, including wiring supplies, light fixtures and bulbs, electrical power equipment, circuit breakers and fuses. Since industrial and construction activities follow broader macroeconomic patterns, wholesalers benefit from heightened demand during economic expansion. An increasing GDP has supported substantial investment in construction projects, computer and software development and utility upgrades, helping wholesalers. Many companies have acquired competitors to expand distribution networks to keep up with the growing need for electrical equipment. Electrical Equipment Wholesaling industry revenue has been expanding at a CAGR of 2.3% over the past five years and is expected to total $279.9 billion in 2024, when revenue will jump by an estimated 0.1%. Profit increased over the past five years as revenue has outpaced labor costs.
Industry revenue has grown at a CAGR of 2.3 % over the past five years, to reach an estimated $279.9bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Consolidated Electrical Distributors, Inc. | 9,386.8 | 468.6 | 5.0 | |
Wesco International, Inc. | 7,277.9 | 533.9 | 7.3 | |
Sonepar | 4,825.2 | 220.0 | 4.6 |
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Electrical Equipment Wholesaling in the US
Industry revenue is measured across several distinct product and services lines, including Wire, cable and conduit, Lighting products and Electrical distribution. Wire, cable and conduit is the largest segment of the Electrical Equipment Wholesaling in the US.
The roots of technology continue to grow, boosting demand for the wire, cable and conduit segment
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.
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NAICS 42361 - Electrical Equipment Wholesaling in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Investments in computers and software are increasing industry revenue. This surge is because companies are trying to keep up with technological advancements. Advanced softwar...
Learn about an industry's products and services, markets and trends in international trade.
Electrical equipment is increasingly important in our society. As our dependence on technology grows, so does the value of these devices. From healthcare to manufacturing, el...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Industry establishments are located near the operations of related industries. The Southeast has a high level of electrical production, which attracts wholesalers. Proximity ...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
New industry entrants can disrupt the existing market. With moderately low barriers to entry, they enter easily and stimulate price competition. This competition can drive in...
Learn about the performance of the top companies in the industry.
Smaller, regional wholesalers are vital because of the convenience they offer. They cater to small markets more personally than national companies, ensuring success in their ...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The Electrical Distributors’ Association (EDA) is growing the industry. Through networking events, training programs and research services, EDA provides critical support to e...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Demand for electrical equipment is rising. This, combined with decreasing input prices, enables profit expansion. Lower raw materials costs mean higher profitability for whol...
Including values and annual change:
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Key data sources in the US include:
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The market size of the Electrical Equipment Wholesaling in the US industry in United States is $279.9bn in 2024.
There are 12,196 businesses in the Electrical Equipment Wholesaling in the US industry in United States, which has grown at a CAGR of 0.1 % between 2019 and 2024.
The market size of the Electrical Equipment Wholesaling in the US industry in United States has been growing at a CAGR of 2.3 % between 2019 and 2024.
Over the next five years, the Electrical Equipment Wholesaling in the US industry in United States is expected to grow.
The biggest companies operating in the Electrical Equipment Wholesaling market in United States are Consolidated Electrical Distributors, Inc., Wesco International, Inc. and Sonepar
Wire, cable and conduit and Lighting products are part of the Electrical Equipment Wholesaling in the US industry.
The company holding the most market share in United States is Consolidated Electrical Distributors, Inc..
The level of competition is high and steady in the Electrical Equipment Wholesaling in the US industry in United States.