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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 | Apr 2014

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

IBISWorld’s Wire & Cable Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$18bn
Annual Growth 09-14
7.3%
Annual Growth 14-19
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Profit
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Employment
31,162
Businesses
387
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 - Starting a New Business Chapter

Barriers to entry are significant and include the cost of establishing manufacturing facilities, customer relationships, product distribution arrangements, achieving economies of scale and scope and developing technology.

New entrants need to gain a viable customer base to keep manufacturing facilities at full capacity. Underused plants reduce profitability. In some markets, such as cable supplied to utilities and telephone companies, large manufacturers enter into multiyear supply arrangements with major customers.

Having large scale operations is important for lowering costs. Large companies are better able to negotiate lower prices with suppliers of raw materials. The breadth of products and inventory availability also give large companies a competitive edge... 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 wire or manufacture unsheathed fiber-optic materials or cable sets consisting of insulated wire.

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
Electronic wire and cableTelephone and telegraph wire and cablePower wire and cablePortable power cableControl and signal wire and cableBuilding wire and cableApparatus wire and cableOther insulated wire and cableMagnet wireInsulated optical fiber cable


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