Industry Analysis & Industry Trends
Cables and wires are the backbone of the modern information age, providing individuals with power, light and communication. Demand for the Wire and Cable Manufacturing industry has grown over the past five years, as the need for faster interconnectivity has intensified. Over the coming years, demand for reliable and efficient power and data communication will promote demand for cable and wire. Additionally, expected upgrades to infrastructure and increased capacity for transmission grids are anticipated to stimulate further demand for power and communications cable... purchase to read more
Industry Report - Industry Products Chapter
Cable and wire are used in commercial and residential buildings, electrical and electronic products, vehicles and underground and overhead power grids.
Power wire and cable
Power wire and cable are expected to account for 21.0% of industry revenue in 2015. Utilities companies use cables in the transmission grid to provide electric power to distribution substations and from substations to end users. Utilities construction has risen slightly over the past five years, largely due to private power investment and alternative-energy tax credits, and is expected to continue rising until 2020. This increase has stimulated demand for power and cable from utilities companies, causing this segment's share of revenue to increase slightly over the five years to 2015... purchase to read more