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Electrical Cable in the US Procurement Price, Data and Insights
Electrical cables are multiconductor cables that deliver energy, data, and communication services for various building and industrial applications. The key buyers of these products are industrial operators and residential and nonresidential developers.
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What’s included in this market coverage
IBISWorld's research coverage on the Electrical Cable procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Electrical Cable market in the United States includes Axial Cable, Halogen-Free Cable, Multicore Cable, Coaxial Cable, Ethernet Cable, Fiber Optic Cable, Armored Cable and Flat Cable. Standard coding in this coverage includes HS-8544-Insulated Wire, Cable And Other Electric Conductors, Connector Fitted Or Not; Optical Fibre Cables Of Individually Sheathed Fibres, Whether Or Not Assembled With Electric Conductors Or Fitted With Co, ISIC-2733-Manufacture of wiring devices, NACE-27.33-Manufacture Of Wiring Devices, NAICS-335930-Wiring device manufacturing and UNSPSC-26121600-Electrical cable and accessories.
What common market terminology is included?
Common market terminology included in the Electrical Cable procurement coverage includes Switchgear (An electrical apparatus used to open and close circuits; can also include devices that provide protection for apparatus connected to an electrical supply.), Cable Jacket (The outer protective coating of a cable.), Capacitance (A measurement of the amount of electrical energy wire insulation can store.), Attenuation (A measurement of a cable's loss of electrical energy over a given distance.) and Tensile Strength (The total amount of force a material can take before failing or breaking.).
What companies are included as top suppliers?
The top companies covered in the Electrical Cable procurement report as suppliers are The Okonite Company Inc., Rea Magnet Wire Company Inc., W.W. Grainger, Inc., Sumitomo Electric Industries Ltd. and LS Corporation.
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Electrical Cable market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per electrical cable, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Electrical Cable market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Electrical Cable procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Electrical Cable market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Electrical Cable market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Electrical Cable?
The 2026 benchmark market price for Electrical Cable is $318 per electrical cable. Prices have increased at a CAGR of 3.72 from 2023-26.
Who are the top vendors in the Electrical Cable market?
The top vendors in the Electrical Cable market include The Okonite Company Inc., Rea Magnet Wire Company Inc., W.W. Grainger, Inc., Sumitomo Electric Industries Ltd. and LS Corporation.
What industries supply the Electrical Cable market?
The top industries supplying the Electrical Cable market are Aluminum Manufacturing in the US, Electric Power Transmission in the US, Copper Rolling, Drawing & Extruding in the US, Copper, Nickel, Lead & Zinc Mining in the US, Plastic Pipe & Parts Manufacturing in the US and Plastic & Resin Manufacturing in the US.
What is the supply chain risk for Electrical Cable?
Net importer status increases supply chain exposure to international risks. The United States' net importer position in this market increases exposure to longer lead times, higher transportation costs, and vulnerability to global supply chain disruptions. Buyers dependent on imported materials or equipment for remediation projects may face delays during geopolitical tensions or shipping bottlenecks. Strategic mitigation measures include developing relationships with domestic suppliers, incorporating flexible delivery timelines into contracts, and leveraging forward purchasing to lock in costs and secure supply during periods of high demand.
What factors affect the price of Electrical Cable?
The type of cable jacket significantly impacts pricing, as different materials offer varying levels of protection against environmental factors such as moisture, heat, and abrasion. Premium jackets, such as those with UV resistance or flame-retardant properties, often come at a higher cost due to their enhanced durability and compliance with safety standards.
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