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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 | May 2016

Wired up: Expected upgrades to infrastructure will stimulate industry 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
$13bn
Annual Growth 11-16
-5.5%
Annual Growth 16-21
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Profit
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Employment
22,535
Businesses
288
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. However, import penetration remains a threat to industry demand and revenue... purchase to read more

Industry Report - Industry Investment Chapter

The Wire and Cable Manufacturing industry has a low-to-medium level of capital intensity. IBISWorld estimates that, in 2016, the average company in this industry spends $0.13 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 have steadily declined. As industry revenue has fallen over the five-year period, industry operators have laid off workers in order to cut costs and maintain profit margins... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Wire & Cable Manufacturing Industry?

This industry manufactures insulated nonferrous wire and cable and fiber optic cable used for power transmission and communication. This industry does not manufacture nonferrous wire or unsheathed fiber-optic materials, and instead uses wire and optical fiber manufactured by companies outside the industry.

Industry Products
Electronic wire and cableTelephone and telegraph wire and cablePower wire and cableBuilding wire and cableFiber-optic cableOther insulated 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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