Global market for wire and cable to reach $297.4 billion by 2019

Cables and wires are the most visible symbols of the world’s technological advancement over most of the last century. The global push towards the development of alternative energy sources has acted as a catalyst for the diversification of the cable and wire market. The world is moving towards a scenario where intelligent devices performing various functions are in a position to communicate with each other. Cables and wires are the prime facilitators in achieving this objective of interconnecting intelligent devices.

BCC Research provides a thorough analysis of the global cable market through its report, Wire and Cable: Materials, Technologies and Global Markets. According to the report, this market was valued at $172 billion in 2012 and $188.3 billion in 2013. This is expected to reach $205 billion in 2014 and $297.4 billion by 2019, with a compound annual growth rate (CAGR) of 7.7% from 2014 to 2019.

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Use this report for, but not limited to, the following reasons:

• Gain an overview of the global market for wire and cable materials, and related technologies
• Analyze global market trends, with data from 2012 and 2013, estimates for 2014, and projections of CAGRs through 2019
• Review breakdowns of the overall power cable market along voltage and functional attributes, by conductor material, end-device application, and by geographic region
• Analyze stakeholder value chain in the power and telecom cable market
• Review comprehensive profiles of leading companies in the industry

SAMPLE FIGURE

THE GLOBAL CABLE MARKET, BY FUNCTIONAL APPLICATION, 2012-2019

($ MILLIONS)

 

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