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2025 U.S. Industry Statistics & Market Forecast - Current-Carrying Wiring Device Manufacturing
Market Size & Industry Statistics
The total U.S. industry market size for Current-Carrying Wiring Device Manufacturing:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Statistics | 2020 2021 2022 2023 2024 | |
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Market Size (Total Sales/Revenue) |
Order at top of page | |
Total Firms | ||
Total Employees | ||
Average Revenue Per Firm | ||
Average Employees Per Firm | ||
Average Revenue Per Employee |
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.

Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
Market Forecast ($ millions) | |||||
Projected Industry Growth Rate (%) |
Industry Insights
Major trends affect the Current-Carrying Wiring Device Manufacturing industry include:- Increasing automation in manufacturing processes
- Rising costs of raw materials like copper
- Growing demand for energy-efficient products
- Expansion in renewable energy sectors
- Enhancements in smart grid technology
- Shift towards electric vehicles and associated infrastructure
- Stringent regulatory standards for safety and efficiency
- Adoption of Internet of Things (IoT) technologies
- Expansion into emerging markets
- Increased competition from low-cost manufacturers abroad
- Demand for high-performance and durable products
- Integration of advanced materials in product designs
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.Industry Average | Percent of Sales (Industry Benchmark) |
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Total Revenue | Order at top of page |
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Operating Revenue | ||
Cost of Goods Sold | ||
Gross Profit | ||
Operating Expenses | ||
Pension, profit sharing plans, stock, annuity | ||
Repairs | ||
Rent paid on business property | ||
Charitable Contributions | ||
Depletion | ||
Domestic production activities deduction | ||
Advertising | ||
Compensation of officers | ||
Salaries and wages | ||
Employee benefit programs | ||
Taxes and Licenses | ||
Bad Debts | ||
Depreciation | ||
Amortization | ||
Other Operating Expenses | ||
Total Operating Expenses | ||
Operating Income | ||
Non-Operating Income | ||
EBIT (Earnings Before Interest and Taxes) | ||
Interest Expense | ||
Earnings Before Taxes | ||
Income Tax | ||
Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Current-Carrying Wiring Device Manufacturing company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.Profitability & Valuation Ratios | Industry Average |
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Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Current-Carrying Wiring Device Manufacturing industry is performing. | |
Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Current-Carrying Wiring Device Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
Liquidity Ratios | Industry Average |
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Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
Efficiency Ratios - Key Performance Indicators | Industry Average |
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Measure how quickly products and services sell, and effectively collections policies are implemented. | |
Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
---|---|---|---|---|
Management Occupations | 7% | Order at top of page |
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Chief Executives | 0% | |||
General and Operations Managers | 2% | |||
Business and Financial Operations Occupations | 5% | |||
Architecture and Engineering Occupations | 10% | |||
Engineers | 7% | |||
Office and Administrative Support Occupations | 8% | |||
Production Occupations | 55% | |||
Assemblers and Fabricators | 31% | |||
Electrical, Electronics, and Electromechanical Assemblers | 20% | |||
Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers | 20% | |||
Miscellaneous Assemblers and Fabricators | 11% | |||
Metal Workers and Plastic Workers | 11% | |||
Other Production Occupations | 9% |
Current-Carrying Wiring Device Manufacturing Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Current-Carrying Wiring Device Manufacturing industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Current-Carrying Wiring Device Manufacturing industry and adjacent sectors:Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Current-Carrying Wiring Device Manufacturing industry. |
Source:
Latest Industry News
- 10 Products That Still Contain Outdated Warning Labels - These 10 everyday items still use outdated warning labels—learn what they are and why updating them matters now. (07/14/2025)
- Sumitomo Electric Wiring Systems to expand Simpson County facility with $17 million investment, 76 jobs - Gov. Andy Beshear highlighted further investment in the commonwealth’s manufacturing sector as Sumitomo Electric Wiring Systems (SEWS) announced a $17 million expansion of its Simpson County facility that will create 76 new full-time jobs. (07/09/2025)
- Available through Powell Electronics are high-power aircraft connectors and cables from Glenair - In stock at Powell Electronics, the supplier of connectors and more for high-rel applications including defence, aerospace and industrial, are the aircraft (07/08/2025)
- Comparative study of Boeing and Airbus – Part III - Aircraft automation In 1914, an American, Lawrence Sperry, demonstrated gyroscope-stabilised, straight-and-level flight in Paris. This was the beginning of the automatic pilot. As years passed and flight distances got longer, (07/07/2025)
- Challenges, insights and innovation - The Commercial Vehicle Show took place from 29 April to 1 May at the Birmingham NEC. Ben Spencer and Justin Burns round up the key takeaways from some of the conference sessions and new product launch (06/03/2025)
- Five challenges for developing next-generation ADAS and autonomous vehicles - Explore the evolution of ADAS and its role in the transition to autonomous vehicles and Level 3 driving capabilities. (06/03/2025)
- "Smartphone of EVs" may soon enter use in multiple markets - The Utility Personal Transporter may do for EVs what smartphones did for gadgets – combining multiple types in one device. What's more, recent announcements suggest that people may soon start seeing the thing in actual use, (05/31/2025)
- This Underrated Car Museum In Maryland Is A Dream Come True For Automobile Fans - Tucked away in the charming waterfront town of St. Michaels lies a mechanical paradise that makes car enthusiasts’ hearts race faster than a V8 engine. The Classic Motor Museum of St. Michaels transforms what could be a dusty collection of old vehicles into a vibrant celebration of automotive history that captivates visitors of all ages. (05/31/2025)
- ADB MD urges manufacturers to leverage current economic environment for ... - “The current economic environment presents unique opportunities for local manufacturers to innovate, expand into export markets, and deepen their value chains,” the MD noted. (05/30/2025)
- Cannabix Technologies Enters Contract Manufacturing Agreement with ... - Price Electronics is a well-established contract manufacturer with ISO 13485 (medical devices qualifications), ISO9001 and IPC certifications. Price Electronics has a 28,000 square foot manufacturing facility located in Winnipeg, MB, set-up to cost-effectively support a full range of production volumes and product technologies with scalability. (05/29/2025)


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