Global demand for insulated cable and wire is forecast to expand 8.3% p.a. between 2014 - 2018. Azerbaijan, China, Lithuania, Turkey, and the United States are considered the highest potential markets in the coming years.
According to recently published research conducted by a leading international market research company, Global Research & Data Services, the expansion of the global insulated cable and wire industry is forecast to reach 8.3% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 9.5%. Currently, electric conductors (< 80 volts) account for 39.1% of the global demand while the remaining market share is divided between electric conductors (80-1000 volts) (31.5%), co-axial cable and co-axial electric conductors (8.4%), electric conductors (>1000 volts) (7.0%), insulated winding wire of copper (6.9%), optical fibre cables (5.7%), and other insulated winding wire (1.4%).
China, Japan, Russia, South Korea, and the United States represent the largest insulated cable and wire markets while the strongest annual growth is forecast to occur in Azerbaijan (16.0%), Lithuania (15.7%), Turkey (14.0%), Georgia (13.9%), and Latvia (13.9%).
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Insulated cable and wire market size compared to market growth in different countries
Based on in-house analysis and an advanced model which takes into consideration the actual market size, trends, forecast market growth, and changes in the market environment, Global Research and Data Services calculates the Market Potential Rates, the predicted market potential of the country in the coming years. The larger the Market Potential Rate, the more potential the market has in the coming years; and conversely, the smaller the rate, the less potential the market is considered to have in the future. Based on these Market Potential Rates, the top 20 highest potential insulated cable and wire markets in the coming years are:
Ranking Country Market Potential Rate
1. China 1.08
2. United States 0.23
3. Azerbaijan 0.16
4. Turkey 0.16
5. Lithuania 0.16
6. India 0.16
7. South Korea 0.16
8. Russia 0.15
9. Georgia 0.14
10. Latvia 0.14
11. Finland 0.14
12. Vietnam 0.13
13. United Kingdom 0.13
14. Germany 0.13
15. Kazakhstan 0.12
16. France 0.12
17. Philippines 0.12
18. Sri Lanka 0.11
19. Slovakia 0.11
20. Thailand 0.11
The leading players on the global insulated cable and wire market are considered to be companies like ACCELINK TECHNOLOGIES CO.,LTD, Allwin Telecommunication Co., Ltd., Amphenol Interconnect Products Corporation, Andrew Ltd., Asahi Best Base Sdn. Bhd., Aws Electronics Group Ltd., Baosheng Sci & Tech Innovation Co., Ltd., bedea Berkenhoff & Drebes GmbH, Belden Inc., Browave Corp, Brugg Kabel AG, CommScope, Conec - Elektronische Bauelemente GmbH, Cords Cable Industries Ltd., Corning Cable Systems, DEHN + SÃ–HNE GmbH + Co. KG, Delton Cables Ltd, Draka Cable, ept GmbH, Essex Germany GmbH, FCT electronic GmbH, Franz Binder GmbH & Co Elektrische Bauelemente Kommanditgesellschaft, Friedrich LÃ¼tze GmbH, FTS USA LLC, General Cable, Geyer AG, Golden Bridge Electech Inc., HARTING Electric GmbH & Co. KG, Hayat Communications Co KSCC, Hengtong Optic-Electric Co Ltd, Hengxin Technology Ltd., INTEG Integrationsbetrieb fÃ¼r Behinderte Gesellschaft mit beschrÃ¤nkter Haftung, International Wire Group-High Performance Conductors, IPG Laser GmbH, IWABUCHI CORPORATION, Japan Radio Co., Ltd., JDS Uniphase Canada LTD, Jiang Su Etern Co Ltd, Jiangsu Tongding Optic, Kabelindo Murni Tbk PT, Lapp Group USA, LS Cable & System Ltd, LTK Electric Wire (Huizhou) Limited, M Optic, Marine Electrical Products, Middle East Specialized Cables Co., MRV Communications, Inc., Nexans, Odeskabel' PAT, Optical Cable Corporation, PartnerTech AB, Power Technologies Limited, Preformed Line Products Company, Prysmian Cables & Systems Ltd., PT KMI Wire and Cable Tbk, PT Sumi Indo Kabel Tbk, Radiall SA, Rapac Communication & Infrastructure Ltd, Riyadh Cables Group of Companies Co Ltd, Rudolf Zimmermann GmbH, SAB BrÃ¶ckskes GmbH & Co. KG, SEIDEL Elektronik GmbH Nfg. KG, SEIKOH GIKEN Co., Ltd., Shenzhen Keybridge Communications Co Ltd, Shenzhen SDG Information Co., Ltd., Sichuan Huiyuan Optical Communications, Space Shuttle Hi-Tech Co., Ltd., STOCKO Contact GmbH & Co. KG, Superior Essex Inc, Suzhou New Sea Union Tlcm Tchnlgy Co Ltd, SÃ¼dkabel GmbH, Taihan Electric Wire Co Ltd, Tianjin Xinmao Science&Tech. Co., Ltd., Times Fiber Communications, Inc., TKH Group NV, Trigiant Group Ltd, W. L. Gore & Associates GmbH, Walsin Lihwa Corporation, Vecima Networks Inc, Viet-Han Corporation, Vindhya Telelink Ltd, Wire Rope Works Inc, and Voksel Electric Tbk PT.
The market information is based on new industry data reports recently published by Global Research & Data Services. The reports offer the most up-to-date market data on the actual market situation, trends, leading companies, and future outlook for insulated cable and wire in the world and individually for the following countries:
Argentina, Armenia, Australia, Austria, Azerbaijan, Belgium, Bolivia, Brazil, Bulgaria, Canada, Chile, China, Colombia, Czech Republic, Denmark, Ecuador, Estonia, Finland, France, Georgia, Germany, Ghana, Greece, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Jordan, Kazakhstan, Kyrgyzstan, Latvia, Lebanon, Lithuania, Macedonia, Malaysia, Mexico, Netherlands, Norway, Pakistan, Peru, Philippines, Poland, Portugal, Romania, Russia, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sri Lanka, Sweden, Thailand, Turkey, Ukraine, United Kingdom, United States, Vietnam
The reports include historic market data from 2007 to 2013 and forecasts until 2018 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, analysts, and other industry professionals looking for key market insights in readily accessible and clearly presented tables and graphs.
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The reports answer the following questions:
- What is the size of the global insulated cable and wire market?
- What is the size of the insulated cable and wire market in different countries around the world?
- How are the markets divided into different product segments?
- How are the overall market and different product segments growing?
- How is the market predicted to develop in the future?
- What is the market potential compared to other countries?
- Which companies are operating in the market?
Product segments analyzed in the reports:
Insulated winding wire of copper
Other insulated winding wire
Co-axial cable and co-axial electric conductors
Electric conductors (< 80 volts)
Electric conductors (80-1000 volts)
Electric conductors (>1000 volts)
Optical fibre cables
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