Recently Released Market Study: Electrical Equipment Manufacturing in the US
Since 2007, IBISWorld estimates that domestic sales have declined due to a fall in domestic demand for industry products and a loss of domestic market share to imports. Import penetration has risen in part due to the transfer of some production capacity from the United States to low-cost jurisdictions. Looking ahead, energy-related issues like the consumption of fossil fuels and the world's changing climate will drive demand for solutions that provide secure and energy-efficient electrical equipment along with the growing...
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