Industry Analysis & Industry Trends
Expansion in building activity, corporate investment and industrial activity have spurred demand for wire and cable as the economy struggled to recover. Additionally, emerging nations are requiring more wire and cable to support their growing infrastructure. The industry will continue globally growing in the coming years, as higher profit margins, as a result of rising revenue and falling costs, entice new entrants... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Wire and Cable Manufacturing industry has a medium level of concentration, with the four largest companies estimated to account for 51.3% of industry revenue in 2014. While more than half of industry revenue comes from the top four companies, the rest of the industry is made up of small to medium-size manufacturers that focus on producing niche products. For example, Rea Magnet Wire Company Inc. only produces magnet wire, and accounts for an estimated 3.5% of industry revenue. United Copper Industries only manufactures copper building wire and accounts for less than 5.0% of industry revenue. IBISWorld estimates that 383 companies are vying for the remaining 48.7% of the market in 2014.
Industry concentration has been on the rise in the five years to 2014... purchase to read more