How to use this handy calculator to compare electric appliances
The electric appliance industry is one of the most highly regulated in Canada.
According to the National Electricity Market Operator (NEOM), the electric appliance market has more than $4 billion in market cap.
The market has become an important component of Canada’s electricity supply, with over 60% of electricity generation coming from electric appliances.
For more information, see our guide to the electric and hybrid appliances sector.
In 2018, the industry recorded nearly $2.5 billion in sales.
Electric appliances are the largest segment in the electricity market.
It represents more than 40% of all new electricity demand in Canada and represents approximately 45% of the energy demand in Alberta.
With a market share of almost 45%, the electric appliances industry is expected to grow in 2019, with a total of more than 15,000 electric appliance factories, generating nearly $3 billion in revenues.
Here are some key metrics for the electric supply sector in Canada: Total revenue: $4.5B Market cap: $1.5T Manufacturing capacity: 3.1T Industry contributions: 4.7T Total electricity demand: 2.3B Total electricity production: 9,531,817MWh Annual electricity production growth: 4% Annual electric consumption growth: 2% Market share of electric appliances: 45%