Industry Analysis & Industry Trends
During the past five years, increased construction activity and expanded energy infrastructure have spurred demand for the Wire and Cable Manufacturing industry's products. Yet despite improving downstream conditions since the recession, the industry has been challenged by heightened competition from foreign manufacturers for much of the five-year period. Even as the economy continues to recover over the next five years, import competition is expected to constrain the industry's growth. Nevertheless, industry revenue is anticipated to rise steadily through 2020, as healthier construction markets and power transmission overhauls drive demand for wire and cable... purchase to read more
Industry Report - Industry Products Chapter
Cable and wire are used in commercial and residential buildings, electrical and electronic products, vehicles and underground and overhead power grids.
Building wire and cable
The building wire and cable segment is expected to account for 17.0% of industry revenue in 2015. Building wire and cable carry electrical currents throughout a building or dwelling. While downstream demand for the construction sector plummeted due to the recession, construction activity has been steadily rising since 2010. Overall, demand for construction has risen over the past five years, boosting this segment's share of industry revenue. This trend is expected to continue over the next five years as construction activity continues to grow... purchase to read more