Industry Analysis & Industry Trends
Cable and wire are the backbone of the modern information age, providing individuals with power, light and communication. The universal demand for these services has kept demand high for wire and cable. This trend will continue as demand for reliable and efficient energy and data communications will promote demand for the industry. Additionally, expected upgrades in infrastructure and increased capacity of the transmission grid are forecast to further stimulate demand for power and communications cable... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Wire and Cable Manufacturing industry is in the growth phase of its life cycle. Over the 10 years to 2019, industry value added (IVA), which measures the industry's contribution to GDP, is expected to grow an average 4.0% per year, while GDP is expected to grow at an annualized rate of 2.5% per year over the same period. Generally, when IVA outpaces GDP growth an industry is said to be in the growth stage of its life cycle.
Expected upgrades in infrastructure and increased capacity of the transmission grid are forecast to stimulate demand for power and communications cable over the five years to 2019... purchase to read more