- What you will discover...
- Explore an in-depth analysis of the electricals sector and understand trends in consumer shopping. This will cover factors that drive shopping, consumer insights, and market dynamics
- View retail sales and the fastest-growing product categories in the electrical sector- allowing you to align your products for success
- Identify the major retailers in this sector such as Amazon and Walmart and gain a competitive insight to allow your company to dominate the industry
Follow the latest electricals trends...
The electricals market in the USA will grow at a slower rate between 2018 and 2023, compared to 2013 and 2018; however, there will still be a steady growth to be seen. Online retail is the preferred channel for consumers in the electricals sector and therefore companies must adapt and digitalize their efforts to keep customers.
Among the top 10 retailers of electrical products, Amazon registered the highest growth, with online sales accounting for 50% of the market by 2023.
Explore novel opportunities in this sector, identifying investment opportunities for maximum success. Use this report to investigate the latest trends in electrical goods and align your products to exploit this.
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