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Wire & Cable Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Wire & Cable Manufacturing Market Research Report | NAICS 33592 | Aug 2014

Sparks fly: Renewed demand in commercial and housing markets will revive demand

IBISWorld’s Wire & Cable Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$20bn
Annual Growth 09-14
10.4%
Annual Growth 14-19
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Profit
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Employment
27,842
Businesses
377
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 Investment Chapter

The Wire and Cable Manufacturing industry has a high level of capital intensity. IBISWorld estimates that the average company in this industry spends $0.39 on capital investments for every dollar it spends on wages. Capital investment is largely in the machinery and equipment used to manufacture wire and cable. Over the past five years, capital investment has grown while wages as a percentage of revenue has shrunk; the industry has increasingly purchased new machinery to automate the manufacturing process, thereby increasing capital costs and decreasing wage costs. In fact 2009, for every dollar spent on wages, about $0.20 was spent on capital. This trend of capital increasingly replacing labor, is expected to continue through 2019... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Wire & Cable Manufacturing Industry?

This industry insulates fiber-optic cable and manufactures insulated, nonferrous wire and cable using wire drawn by nonindustry companies. This industry does not draw nonferrous wire or manufacture unsheathed fiber-optic materials.

Industry Products
Electronic wire and cableTelephone and telegraph wire and cablePower wire and cableBuilding wire and cableFiber-optic cableOther insulated wire and cableOther communication and energy wire and cable
 
Industry Activities
Manufacturing electronic wire and cable Manufacturing telephone and telegraph wire and cable Manufacturing power wire and cable Manufacturing portable power cable Manufacturing control and signal wire and cable Manufacturing building wire and cable Manufacturing apparatus wire and cable Manufacturing other insulated wire and cable Manufacturing magnet wire Manufacturing insulated optical fiber cable


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