Industry Analysis & Industry Trends
During the past five years, increased construction activity and expanded energy infrastructure 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 penetration is expected to constrain industry growth. Nevertheless, industry revenue is anticipated to rise steadily during the next five years as healthier construction markets and power transmission overhauls drive demand for wire and cable... purchase to read more
Industry Report - Industry Locations Chapter
Industry establishments tend to be concentrated in areas that have large manufacturing sectors, ample population sizes (to draw factory employees), and that are located near upstream and downstream markets.
The majority of Canadian wire and cable manufacturers are located in Ontario, with this region accounting for an estimated 55.4% of industry establishments. This region is also home to the largest share of the Canadian population, allowing industry operators to have access to a wide pool of potential workers. Ontario's geographic proximity to the United States also contributes to its high concentration of industry establishments... purchase to read more