NAICS 335932 - Noncurrent-Carrying Wiring Device Manufacturing
This U.S. industry comprises establishments primarily engaged in manufacturing noncurrent-carrying wiring devices.
Industry trends:
The Noncurrent-Carrying Wiring Device Manufacturing industry, categorized under NAICS 335932, is experiencing several notable trends that are shaping its future. Sustainability and energy efficiency are becoming increasingly critical, with many manufacturers focusing on eco-friendly materials and processes to reduce their environmental footprint. There is a growing demand for devices that support smart infrastructures, such as smart homes and buildings, which integrate more advanced sensors and Internet of Things (IoT) technologies.
Additionally, innovations in automation and production efficiency are driving cost reductions and improving product quality. The use of advanced robotics, AI, and machine learning is expected to streamline manufacturing processes, enhance precision, and decrease waste. Increases in regulatory standards and safety requirements are also prompting manufacturers to develop more compliant and safer products, aligning with both domestic and international standards.
Furthermore, market forecasts suggest steady growth driven by the expansion of residential and commercial construction, as well as retrofitting older buildings with energy-efficient and technologically advanced wiring devices. As global infrastructure projects multiply, the demand for high-quality, durable, and innovative noncurrent-carrying wiring devices will likely rise, presenting opportunities for manufacturers to expand their market reach and innovate further.
This industry is comprised of:
Boxes, electrical wiring (e.g., junction, outlet, switch), manufacturing
Conduits and fittings, electrical, manufacturing
Electrical metallic tube (EMTs) manufacturing
EMTs (electrical metallic tube) manufacturing
Face plates (i.e., outlet or switch covers) manufacturing
Hardware, transmission pole and line, manufacturing
Insulators, electrical (except glass, porcelain), manufacturing
Junction boxes, electrical wiring, manufacturing
Outlet boxes, electrical wiring, manufacturing
Plates (i.e., outlet or switch covers), face, manufacturing
Raceways manufacturing
Switch boxes, electrical wiring, manufacturing
Transmission pole and line hardware manufacturing
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
With iCFO You Get
What Is iCFO?
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Sound Business Analysis
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
Your Business’ Health In Minutes
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.