Insulated Wire and Cable Market to Cross $126 Billion by the End of the Decade, According to New Report by Global Industry Analysts, Inc.
Global market for Insulated Wire and Cable is projected to cross US$126 billion by the end of 2010. The most important growth boosting factor for insulated wire and cable in the medium term include increasing construction activity and higher capital investment.
San Jose, California (PRWEB) July 16, 2007 -- Information processing and communications, two of the largest markets, are expected to prop up large-scale growth in the global insulated wire and cable market. Demand for faster data services, and higher investments from telecom service providers are expected to fuel growth in the fiber optics sector. Although wireless technologies have overshadowed conventional hardware based systems in recent times, they are unlikely to replace these systems completely. Issues such as performance and security continue to plague wireless technologies, therefore computer networking systems will continue to attract investment, fuelling growth in the market for electronic wire and cable.
A major chunk of the global insulated wire and cable market is concentrated in countries such as United States, Canada, Korea, Japan, Taiwan, and parts of Western Europe, and Australasia. Developing countries with obvious growth potential in the cable market include Brazil, Russia, India, China, and South Africa. Asia-Pacific, the largest regional market for insulated wire and cable worldwide, is estimated at US$49.9 billion for 2007. China remains the world's favorite manufacturing investment hub with the prospects for wire and cable sector in China looking bright. Telecommunications, data wire and cable market, represents the largest segment in the global market, with estimated sales of US$26.6 billion for 2007. Electronic wire and cable market in Europe represents the largest product segment, and is projected to reach US$5.2 billion by 2010. Building Wire and Cable market in Germany is estimated at US$769 million for 2007.
Major players profiled in the study include ADC Telecommunications, AEI Cables Ltd, Alcan Cable, Alcatel-Lucent SA, Alcoa, Inc., American Insulated Wire Corp, Amphenol Corp., Andrew Corp., Asia Pacific Wire & Cable Corporation Ltd., Belden CDT Inc. , Cable USA Inc, CommScope, Corning Incorporated, Delphi Corporation, Draka Holding N.V., Furukawa Electric Company Limited, General Cable Technologies Corporation, GenTek Inc, Hitachi Cable Ltd, LS Cable Limited, MOLEX Inc, NEXANS, NKT Cables Group GmbH, Phelps Dodge International Corp., Prysmian Cables & Systems Ltd., Rea Magnet Wire Company, Southwire Company, Sumitomo Electric Industries Ltd., Superior Essex Incorporated, Tele-Fonika Kable S.A.
The report titled "Insulated Wire and Cable: A Global Strategic Business Report" published by Global Industry Analysts, Inc. discusses key factors driving growth, market trends, and activities affecting the industry. The market is analyzed in dollar sales by the following product segments - Building Wire and Cable; Electronic Wire and Cable; Power Wire and Cable; Telecommunications, Data Wire and Cable; and Other Insulated Wires and Cables. The report provides a comprehensive review of market trends, drivers, challenges, product profile, competition, regulatory environment, mergers and acquisitions and other strategic industry activity. Analysis is presented for established/emerging geographic markets such as United States, Japan, France, Germany, the UK, Italy, Spain, Russia, Asia-Pacific, Latin America and the Middle East.
For more details of this research report please visit www.strategyr.com/MCP-1164.asp
About Global Industry Analysts, Inc.:
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Web Site www.StrategyR.com
###
Post Comment:
Trackback URL: http://www.prweb.com/pingpr.php/WmV0YS1TcXVhLUhvcnItUGlnZy1UaGlyLVplcm8=
Bookmark -
Del.icio.us |
Furl It |
Technorati |
Ask |
MyWeb |
Propeller |
Live Bookmarks |
Newsvine |
TailRank |
Reddit |
Slashdot |
Digg |
Stumbleupon |
Google Bookmarks |
Sphere |
Blink It |
Spurl
|
