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Home › Industry Metrics › NAICS 33593

NAICS 33593 - Wiring Device Manufacturing

NAICS 33593 - WIRING DEVICE MANUFACTURING
NAICS 33591 Battery Manufacturing NAICS 33592 Communication and Energy Wire and Cable Manufacturing NAICS 33593 Wiring Device Manufacturing NAICS 33599 All Other Electrical Equipment and Component Manufacturing
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This industry comprises establishments primarily engaged in manufacturing current-carrying wiring devices and noncurrent-carrying wiring devices for wiring electrical circuits.

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This industry comprises establishments primarily engaged in manufacturing current-carrying wiring devices and noncurrent-carrying wiring devices for wiring electrical circuits.

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NAICS 33 Manufacturing
NAICS 335 Electrical Equipment, Appliance, and Component Manufacturing
NAICS 3359 Other Electrical Equipment and Component Manufacturing
NAICS 33593 Wiring Device Manufacturing
NAICS 335931 Current-Carrying Wiring Device Manufacturing
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Industry trends

The Wiring Device Manufacturing industry (NAICS 33593) has been experiencing several qualitative trends that are shaping its landscape. One of the prominent trends is the increasing adoption of smart technologies. Consumers and businesses alike are demanding smarter, more integrated wiring solutions that can seamlessly interact with home and building automation systems. This has led to the development of wiring devices that are compatible with Internet of Things (IoT) ecosystems, offering features such as remote control, energy monitoring, and enhanced security.

Another trend is the growing emphasis on sustainability. Manufacturers are focusing on creating eco-friendly products that reduce energy consumption and utilize recyclable materials. This shift is driven by both regulatory requirements and consumer preferences, pushing companies to innovate in areas like energy-efficient power strips, smart plugs, and other devices that minimize environmental impact.

Additionally, there is a rising trend towards customization and aesthetic design. Consumers are seeking wiring devices that not only perform well but also match their interior design preferences. This has led to a surge in demand for customizable faceplates, color options, and sleek, modern designs that blend seamlessly with contemporary décor.

Looking to the near future, the industry is expected to continue integrating advanced technologies such as AI and machine learning into wiring devices, enhancing their functionality and predictive maintenance capabilities. Furthermore, as 5G networks expand, the compatibility of wiring devices with these high-speed networks will become crucial, opening new opportunities for faster data transfer and more efficient smart home systems.

  • Investment in renewable energy and grid modernization continues to accelerate.
  • Regulatory changes and sustainability initiatives are shaping long-term growth.
  • Operational efficiency and technology adoption are key focus areas.

Industry Comparison

How this industry compares to all industries.

Return on Investment (ROI) 3%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 71%

Loan Failure Rate 7%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 49%

Total Companies in this Industry 314
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Explore related industries

  • NAICS 33593 Wiring Device Manufacturing
  • NAICS 335931 Current-Carrying Wiring Device Manufacturing
  • NAICS 335932 Noncurrent-Carrying Wiring Device Manufacturing
  • View all related industries

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