Industry Analysis & Industry Trends
Industry revenue is anticipated to have expanded over the past five years despite falling during the first year of the period. Construction activity is projected to have increased, which enhanced demand for wires and cables as the construction sector is the largest downstream market for the industry. Increases in electricity and telecommunications infrastructure construction activity also aided industry expansion. However, the benefits were restricted because fibre-optic cables, which are excluded from the industry, increased in popularity in the telecommunications sector. Meanwhile, exports are expected to have trended upwards and contributed positively. However, import competition intensified and curtailed industry expansion as many firms lost domestic market share... purchase to read more
Industry Report - Industry Products Chapter
Building wires and cables
Building wires and cables made of non-ferrous metals account for the largest share of industry revenue, at approximately 25.3%. Cables and wires are used to provide power in buildings and structures throughout the United Kingdom. This segment's share of revenue is expected to have increased marginally during the past five years, supported by improvements in construction activity.
Power wires and cables
Power wires and cables account for an estimated 23.6% of industry revenue. Utilities firms use bare transmission cables in the transmission grid to carry electricity from power stations to distribution substations. Med.. purchase to read more