1、1ELECTRICAL COMPONENTS:A GROWING MARKET LANDSCAPENOVEMBER 20242Electrical ComponentsMarket OverviewSource:DISC Corp.;Fortune Business Insights;Electrical Wholesaling;EPICOR;Wesco;Rexel;PS Intelligence;Emergen Research;Belden;HW ResearchThe electrical components market represents a highly attractive

2、investment opportunity,combining a strong demand outlook and multiple value creation opportunitiesThe$105 billion U.S.electrical components market is expected to grow at CAGR of 5%from 2023 to 2028F,with growth across the various product categories underpinned by multiple strong and long-term demand

3、 drivers,including:Electrification Renewable energyData processingOnshoring of supply chains/manufacturing Internet of Things(IoT)RegulationM&A has been,and continues to be,a significant opportunity for investors in the highly fragmented electrical components marketBetween 2019 and YTD 2024,250+tran

4、sactions were completed in the spaceIn addition to M&A proclivity,there are a number of factors to consider when contemplating an investment in the electrical components space,including product quality,brand strength,and cross-sell opportunity in the channel,among othersREPRESENTATIVE PRODUCT CATEGO

5、RIES WITHIN THE TOTAL ELECTRICAL COMPONENTS MARKETCABLE AND WIRINGELECTRICAL OUTLETS&BOXESCONNECTORS&LUGSFITTINGS,TOOLS,TESTERS,&OTHER ACCESSORIESLIGHTING FIXTURES&LAMPSCONDUITS&RACEWAYSCONTROLS&TIMERSELECTRICAL DISTRIBUTION EQUIPMENT3In this report,we focus specifically on components used in low-vo

6、ltage electrical systems,which we define as those that enable direct usage by the end user(i.e.,in the residence and/or building)Low-voltage electrical systems,in turn,enable many of the core functional capabilities of a residential,commercial,or industrial building,including power transmission,ligh