Establishments primarily engaged in the wholesale distribution of electrical power equipment for the generation, transmission, distribution, or control of electric energy; electrical construction materials for outside power transmission lines and for electrical systems; and electric light fixtures and bulbs. Construction contractors primarily engaged in installing electrical systems and equipment from their own stock are classified in Construction, Industry 1731.
The NAICS 5063 industry, encompassing electrical apparatus and equipment, wiring supplies, and construction materials, is experiencing several notable qualitative trends. One significant trend is the increasing adoption of smart technologies. This shift towards smart grids, IoT-enabled devices, and energy-efficient solutions is driving demand for advanced electrical apparatus and components.
Another prominent trend is the focus on sustainability and green building practices. With stricter regulations and growing environmental awareness, manufacturers and suppliers are prioritizing eco-friendly materials and renewable energy solutions. This trend is expected to continue, spurring innovations and new product lines that cater to energy-saving and reduced environmental impact.
The industry is also witnessing a rise in e-commerce and digital platforms. Traditional B2B sales channels are increasingly being supplemented or replaced by online marketplaces, providing easier access to a broader range of products and improving efficiency for both buyers and sellers. This digital transformation is expected to accelerate, further integrating AI and machine learning for better demand forecasting and inventory management.
Forecasts for the near future indicate robust growth driven by infrastructure development and the ongoing shift towards electrification in transportation, including electric vehicles (EVs) and related charging infrastructure. Additionally, investments in renewable energy infrastructure, such as solar and wind installations, are anticipated to boost the demand for associated electrical apparatus and equipment.
Alarm signal systems-wholesale
Batteries, except automotive-wholesale
Boxes and fittings, electrical-wholesale
Bus bars and trolley ducts-wholesale
Cable conduit-wholesale
Capacitors, except electronic-wholesale
Circuit breakers-wholesale
Coaxial cable-wholesale
Conduits and raceways-wholesale
Construction materials, electrical: interior and exterior-wholesale
Distribution equipment, electrical-wholesale
Flashlights-wholesale
Fuses and accessories-wholesale
Generators, electrical-wholesale
Hanging and fastening devices, electrical-wholesale
Industrial motor controls-wholesale
Insulators, electrical-wholesale
Lamp bulbs-wholesale
Light bulbs, electric-wholesale
Lighting fixtures: residential, commercial, and industrial-wholesale
Lugs and connectors, electrical-wholesale
Motor controls, electric-wholesale
Motors, electric-wholesale
Panelboards-wholesale
Pole line hardware-wholesale
Power transmission equipment, electric-wholesale
Receptacles, electrical-wholesale
Relays-wholesale
Safety switches-wholesale
Service entrance equipment, electrical-wholesale
Signaling equipment, electrical-wholesale
Storage batteries, industrial-wholesale
Switchboards, electrical distribution-wholesale
Switches, except electronic-wholesale
Switchgear-wholesale
Time switches-wholesale
Transformers, electric: except electronic-wholesale
Transmission equipment, electrical-wholesale
Unit substations-wholesale
Wire rope or cable, insulated-wholesale
Wire, insulated-wholesale
Wiring devices-wholesale
Wiring materials, interior-wholesale
Wiring supplies-wholesale
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
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.
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.