Australia electricity distribution and control apparatus market dominated by import in 2010
Electricity Distribution and Control Apparatus in Australia: ISIC 312 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-04-01 19:22:03
The Australian market for electricity distribution and control apparatus was valued at A$2.3 billion in 2010, averaging 6% annual revenue growth since 2000. More than 90% of the market´s total product value was purchased by B2B buyers in Australia in 2010, including 16% share for investment purposes. Household expenditure meanwhile comprised less than 10% of market sales.
The market is dominated by imports, with foreign goods capturing 89% of total value sales at the end of 2010. Overall import value increased by 93% in the review period and China was the most prominent contributor to this growth.
By 2010, Chinese producers captured a major 17% import value share within the industry and overtook the US as the largest foreign supplier for the first time. Other significant importers include technology-rich European countries, with Germany, Switzerland and France representing 13%, 6% and 5% respectively of total import value in 2010.
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