Abstract
Report Summary:
Recent years have provided good opportunities for growth within the low
voltage products market in North America, buoyed by strong growth in
residential, commercial and industrial construction. Low voltage product
revenues were estimated to have grown almost 10% from 2006 to 2007. However,
since this peak, the market has contracted. The residential construction
market was the first to struggle and was followed by a halt in non-residential
construction towards the end of 2008, as the effects of the “credit crunch”
began to bite.
This report will provide an insight into the impact of the downturn and the
potential for recovery through to 2012.
|