New Study Offers Forecast on UK Electric Wholesalers Market for 2018-2022

Published on : Feb 12, 2018

Albany, New York, February 12, 2018: The impact of Brexit is being felt across the UK electric wholesalers sector, as delays in fulfilling orders and intensifying competition pose challenges to market players. A new report highlighting the electric vehicles wholesalers market in UK has been added to the repository of Market Research Hub (MRH). The report titled “Electrical Wholesalers - UK - January 2018” offers an unbiased and accurate assessment of the key factors that are shaping the UK electric wholesalers market.

The report analyzes the UK electric wholesalers market in detail and offers forecast for the period 2018-2022. Total sales of wiring accessories on the basis of product has been offered, whereas the key market factors driving growth have been thoroughly analyzed. A majority of the players in the UK electric wholesalers landscape are dependent on large and medium-scale contracting orders from the construction industry. However, the announcement of Brexit has weakened the confidence of the construction sector in the UK, and this has led to decline in contracting orders. According to the report, the steadily waning demand from construction sector can pose challenges to the growth of the market. To give readers an overview of the electric wholesalers market in the UK, the report has segmented the UK construction market into housing, non-residential, private industrial, and private commercial.

In addition to analyzing the demand from the construction sector, the report also offers qualitative commentary and analysis on the growing ubiquity of e-commerce in the sector. The impact of growing e-commerce orders on the electric wholesalers market has been discussed in detail in the report. The study also includes a macroeconomic analysis of the UK economy, and GDP per capita. Inflation and changes in the house prices have been studies, and an impact-analysis has been carried out by authors to give readers a comprehensive outlook. The new avenues of investment and the fluctuating nature of demand are also outlined in the market.

Electric wholesalers have been the sought-after players in the electrical distribution channel, especially in the sales of electric accessories and lighting equipment. However, the growing penetration of the direct sales channel can pose challenges to the prospects of the market players. The advances in the electric vehicle and automation can open up new avenues of growth for market players. Concerns about the worsening ecological balance has prompted governments in many countries to take tough measures. These factors are expected to increase the adoption of products such as electric vehicle charging during the assessment period

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