Electrical Equipment Wholesale

The Electrical Equipment Wholesaling industry comprises companies that distribute essential electrical materials such as wiring supplies, light fixtures and bulbs, electrical power equipment, circuit breakers and fuses. Due to a wholesaler's role as a supply chain intermediary between manufacturers and end users, namely construction and industrial industries, industry operators are reliant on demand from these downstream markets. Since industrial and construction activities generally follow broader macroeconomic patterns, wholesalers experience heightened demand during periods of economic expansion. Thus, over the five years to 2022, an increasing GDP has supported strong investment in construction projects, computer and software development and utility upgrades, benefiting industry wholesalers. Moreover, to keep up with increasing need for electrical equipment, the current period has been marked by acquisition activity among the industry's largest players seeking to expand distributio