SIC 3648 Lighting Equipment, Not Elsewhere Classified

Contenidos

• NAICS CODE(S).
• INDUSTRY SNAPSHOT.
• BACKGROUND AND DEVELOPMENT.
• CURRENT CONDITIONS.
• INDUSTRY LEADERS.
• WORKFORCE.
• FURTHER READING.

SIC 3648

This classification covers establishments primarily engaged in manufacturing miscellaneous lighting fixtures and equipment, electric and non-electric, not elsewhere classified. Examples of such products include flashlights and similar portable lamps, searchlights, ultraviolet lamp fixtures, and infrared lamp fixtures. Establishments primarily engaged in manufacturing electric light bulbs, tubes, and related light sources are classified in SIC 3641: Electric Lamp Bulbs and Tubes. Those establishments producing glassware for lighting fixtures are classified in various glass manufacturing industries. Those establishments manufacturing traffic signals are classified in SIC 3669: Communications Equipment, Not Elsewhere Classified.

NAICS CODE(S)

335129

Other Lighting Equipment Manufacturing

INDUSTRY SNAPSHOT

The two major groupings in this industry are outdoor lighting equipment and electric and nonelectric equipment not elsewhere classified. The majority of products in this category are handheld, portable lighting equipment, such as flashlights and lanterns. The remainder of the market is highly fragmented among various electric and nonelectric devices.

In 2001, 298 firms operated 322 establishments in this industry, a slight increase from the year before. There were more than 20,000 employees, including 13,457 production workers. Payroll for this year was about $700 million, and total shipments were valued at $3.66 billion.

BACKGROUND AND DEVELOPMENT

Late 1980s revenues of more than $1.8 billion per year for the miscellaneous lighting equipment industry (approximately 20 to 25 percent of total lighting equipment industry total) represented an average annual growth rate of more than 8 percent between 1982 and 1988, when sales were about $1.0 billion. Strong commercial and residential construction markets boosted shipments through the late 1980s, but growth faltered in the early 1990s, as economic malaise and depressed construction sectors pinched profits. Recovering residential building and remodeling markets rejuvenated demand in 1992 and 1993, however, and these markets continued to improve through the mid-1990s.

Miscellaneous lighting equipment manufacturers hoped to overcome analysts' predictions of slow 1990s growth by introducing new and better fixtures. Much of the...