| 1. |
INTRODUCTION |
5 |
| 1.1 | BACKGROUND |
6 |
| 1.2 | SOURCES OF INFORMATION |
6 |
| 2. |
EXECUTIVE SUMMARY & FUTURE PROSPECTS |
8 |
| 2.1 | SUMMARY |
8 |
| 2.2 | FUTURE PROSPECTS |
9 |
| 3. |
ECONOMIC ENVIRONMENT |
11 |
| 3.1 | GDP |
11 |
| 3.2 | INFLATION & INTEREST RATES |
12 |
| 3.3 | UNEMPLOYMENT |
12 |
| 3.4 | HOUSEHOLD CONSUMPTION |
13 |
| 3.5 | STERLING |
14 |
| 3.6 | POPULATION PROFILE |
14 |
| 3.7 | CONCLUSIONS |
15 |
| 4. |
THE MARKET |
17 |
| 4.1 | MARKET DEFINITION |
17 |
| 4.2 | MARKET STRUCTURE |
17 |
| 4.3 | MARKET SIZE AND TRENDS |
20 |
| 4.4 | KEY MARKET INFLUENCES |
24 |
| 4.4.1 | Construction, Housebuilding & RMI |
24 |
| 4.4.2 | Demand for Electrical/Electronic Appliances |
30 |
| 4.4.3 | Imports And Pricing |
31 |
| 4.4.4 | Product Development |
33 |
| 4.4.5 | Legislation and Standards |
33 |
| 4.4.6 | Raw Material/Energy Price Increases |
36 |
| 5. |
ELECTRICAL WHOLESALERS |
37 |
| 5.1 | CHARACTERISTICS & TRENDS |
37 |
| 5.1.1 | Mix of Nationals and Regionals |
37 |
| 5.1.2 | Own Label Products |
38 |
| 5.1.3 | E-Commerce |
39 |
| 5.2 | MARKET SHARES |
39 |
| 5.3 | ELECTRICAL WHOLESALE COMPANIES |
41 |
| 5.4 | STRENGTHS & WEAKNESSES |
47 |
| 5.4.1 | Strengths |
48 |
| 5.4.2 | Weaknesses |
48 |
| 5.4.3 | Opportunities |
49 |
| 5.4.4 | Threats |
50 |
| 5.5 | INDUSTRY ENVIRONMENT |
51 |
| 5.5.1 | Buying Groups |
51 |
| 5.5.2 | Super Distributors and Pre Packers |
52 |
| 6. |
PRODUCTS |
53 |
| 6.1 | DEFINITION |
53 |
| 6.2 | PRODUCT MIX |
53 |
| 6.3 | PRODUCT SECTORS |
55 |
| 6.3.1 | Low Voltage Cable Systems |
55 |
| 6.3.2 | Wiring Accessories |
57 |
| 6.3.3 | LV Circuit Protection and Switchgear |
59 |
| 6.3.4 | Lighting |
60 |
| 6.3.5 | Security Systems and Fire Protection Systems |
62 |
| 6.3.6 | Electric Space Heating |
63 |
| 6.3.7 | Ventilation |
64 |
| 6.3.8 | Test Equipment |
65 |
| 6.3.9 | Other Products |
65 |
| 6.4 | PRODUCT OPPORTUNITIES/ GROWTH SECTORS |
67 |
| 7. |
ELECTRICAL WHOLESALERS CUSTOMERS |
68 |
| 7.1 | OVERVIEW |
68 |
| 7.2 | ELECTRICAL CONTRACTORS |
69 |
| 7.3 | LARGE END-USER SECTORS |
71 |
| 7.3.1 | Electricity Companies |
72 |
| 7.3.2 | Water And Sewage |
73 |
| 7.3.3 | Oil, Gas and Marine |
74 |
| 7.3.4 | Transport |
74 |
| 7.4 | PANEL BUILDERS/OEMS |
74 |
| 7.5 | IN-HOUSE ELECTRICAL ENGINEERS |
76 |
| 7.6 | OTHER SECTORS |
77 |
| TABLES AND CHARTS |
| CHART 1 | UK ELECTRICAL WHOLESALE MARKET 2004-2014 BY VALUE (£M WSP) |
8 |
| CHART 2 | INTEREST RATES AND INFLATION (CPI) FROM 1992-2014 |
12 |
| CHART 3 | PDI & SAVINGS RATIO AT CURRENT PRICES 1992-2014 |
13 |
| TABLE 4 | EXCHANGE RATE FLUCTUATIONS 2005-2010 - STERLING TO THE DOLLAR, AND THE EURO, SPOT RATES |
14 |
| CHART 5 | AGE DISTRIBUTION OF THE RESIDENT UK POPULATION MID-2008 (‘000) |
15 |
| CHART 6 | DISTRIBUTION CHANNEL STRUCTURE FOR ELECTRICAL PRODUCTS |
18 |
| TABLE 7 | THE ELECTRICAL WHOLESALE MARKET (£M WSP) 2004-2014 |
21 |
| CHART 8 | ELECTRICAL WHOLESALERS’ % PBT ON TURNOVER 2004-2009 |
24 |
| CHART 9 | CONSTRUCTION OUTPUT (GREAT BRITAIN)-NEW WORK AND RMI–CURRENT PRICES 2004 -2014 |
25 |
| CHART 10 | VALUE OF CONSTRUCTION NEW WORK BY SECTOR - % BY VALUE 2009 |
26 |
| CHART 11 | CONSTRUCTION OUTPUT (GREAT BRITAIN)-NEW WORK CURRENT PRICES (£M) 2004 -2014 |
27 |
| CHART 12 | CONSTRUCTION OUTPUT (GREAT BRITAIN)-RMI–CURRENT PRICES (£M) 2004 - 2014 |
29 |
| CHART 13 | HOUSEHOLD PENETRATION RATES FOR SELECTED ELECTRICAL APPLIANCES 2000, 2004 AND 2009 (%) |
31 |
| TABLE 14 | IMPORTS OF SELECTED ELECTRICAL PRODUCTS FOR CONSTRUCTIONAL USE 2004-2008 – BY VALUE (£M) |
32 |
| TABLE 15 | PHASE-OUT SCHEDULE FOR NON-DIRECTIONAL HOUSEHOLD LAMPS |
34 |
| CHART 16 | MIX OF ELECTRICAL WHOLESALE MARKET - PERCENTAGE BY VALUE 2009 |
37 |
| TABLE 17 | ELECTRICAL WHOLESALERS OWN BRANDS |
38 |
| TABLE 18 | OVERVIEW TOP 10 COMPANIES 2008 |
40 |
| CHART 19 | ELECTRICAL WHOLESALE MARKET SHARES 2009 BY VALUE % |
41 |
| TABLE 20 | ELECTRICAL WHOLESALERS’ STRENGTHS, WEAKNESSES, OPPORTUNITIES AND THREATS |
47 |
| TABLE 21 | MIX OF CORE PRODUCT SALES THROUGH ELECTRICAL WHOLESALERS 2009 (£M WSP) |
54 |
| TABLE 22 | ELECTRICAL WHOLESALERS’ SHARE BY CORE PRODUCT MARKETS 2009 (£M WSP) |
55 |
| CHART 23 | PRODUCT MIX OF CABLE SYSTEMS % BY VALUE 2009 |
56 |
| CHART 24 | PRODUCT MIX OF WIRING ACCESSORIES % BY VALUE 2009 |
58 |
| CHART 25 | PRODUCT LV CIRCUIT PROTECTION & SWITCHGEAR % BY VALUE 2009 |
59 |
| CHART 26 | LIGHTING SALES BY END-USER % BY VALUE 2009 |
61 |
| CHART 27 | PRODUCT MIX OF SECURITY & FIRE ALARM SYSTEMS % BY VALUE 2009 |
62 |
| CHART 28 | SALES BY CUSTOMER TYPE BY VALUE 2009 (%) |
68 |
| TABLE 29 | ELECTRICAL CONTRACTORS REGISTERED FOR VAT BY TURNOVER BAND 2007 & 2008 |
69 |
| CHART 30 | NUMBER OF ELECTRICAL CONTRACTORS BY TURNOVER SIZE-BANDS 2004-2009 |
70 |
| CHART 31 | DOMESTIC ELECTRICITY MARKET SHARES – 2009 |
72 |
| CHART 32 | NATIONAL MARKET SHARES, WATER & WASTEWATER 2009 (%) |
73 |
| CHART 33 | MIX OF COMPONENTS USED BY PANEL BUILDERS BY VALUE £M 2009 |
75 |