This industry profile provides a five-year forecast for Canada’s Electrical Equipment Industry.
Document Highlights
- Construction Activity—Non-residential investment will continue to drive growth in electrical equipment sales, which will compensate for declines in the household appliance segment.
- Exports—Even though more than three-quarters of all exports are sent to the U.S., the industry is increasingly diversifying its sales abroad, with double-digit growth in exports to France, Germany, and Mexico last year.
- Foreign Competition—Imports, particularly from China and Mexico, posted a strong increase last year, challenging all segments of the industry.
