While improved economic conditions have bolstered downstream demand for the products made by operators in the Wire and Cable Manufacturing industry, this demand has been outweighed by high import penetration and falling world copper prices over the past five years. Therefore, industry revenue contracted over the five years to 2017, as operators were forced to lower product prices to pass along falling input costs to consumers and remain competitive, resulting in decreased revenue and lower profit margins. However, industry revenue is expected to rebound over the five years to 2022, as the world price of copper is expected to stabilize. Furthermore, rising disposable income is expected to drive consumer electronics sales, leading to an increased demand for electronic wire and cable. Meanwhile, rising levels of private and government investment are expected to result in future upgrades to utilities infrastructure, further stimulating demand for power cable.
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.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.