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Experience what our solutions have to offer with free access to highlights of our data, insights and analysis.
From start-ups to market leaders, access critical company intelligence on a global scale
From industry deep dives to global trends, access authoritative research from our experts
Uncover your next opportunity with trusted data & insights that cut across industries
Discover the disruptive forces shaping tomorrow's world, today
Explore our diverse collection of unique datasets and find the advantage you need
Get clarity into the latest emerging themes with our reports
USA Retailing Report
As technology continues to be at the forefront of our world, the electricals sector continues to grow steadily. In the forecast period of 2018-2023, this sector of retail looks to grow at a CAGR of 2.9%, reaching a value of $373bn
As our world digitalizes and we rely more and more on technology, new electrical gadgets and home appliances will be introduced to our shelves and purchased by consumers. GlobalData looks to provide an outlook of this sector to help direct your sales and marketing efforts over the next 5 years.
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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