United States (USA) Wire and Cable Market Overview, 2028
The Wire and Cable market in the United States stands as a crucial segment within the country's industrial landscape, serving as the backbone of numerous sectors, including telecommunications, energy, construction, and manufacturing. Renowned for its robust infrastructure and technological advancements, the United States boasts a thriving Wire and Cable industry that encompasses a wide range of products, including electrical wires, fiber optic cables, coaxial cables, and specialty cables. This market's significance is further underscored by its pivotal role in facilitating the seamless transmission of electricity, data, and signals, fostering connectivity and enabling innovation across various applications. The Wire and Cable market in the United States also places an emphasis on safety and compliance. Adherence to rigorous regulatory standards, such as those set by the National Electrical Code (NEC), ensures the production of reliable and secure products that meet the highest safety requirements.
According to the research report ""United States Wire and Cable Market Overview, 2028,"" published by Bonafide Research, The United States Wire and Cable market was valued at above USD 24.77 Billion in 2022.In United States, the deployment of 5G networks and next-generation technologies creates demand for advanced data transmission solutions. The increasing popularity of electric vehicles and the development of EV charging infrastructure drive the need for high-power cables and efficient charging solutions. The emergence of smart grids and energy management systems calls for intelligent cables, sensors, and communication systems. The growth of data centres and cloud computing infrastructure requires high-speed, scalable cabling solutions. Customization and specialty applications are also trending as industries seek tailored wiring solutions for specific requirements. The Specialty cables refer to cables designed for specific applications, such as fire-resistant cables for fire safety systems, aerial bundled cables for overhead power distribution, and direct burial cables for underground installations. Some firms that engage in manufacturing in the United States are Southwire, General Cable, Prysmian Group, and Coleman Cable. In United States, Low Voltage (LV) Cables are commonly used for low-power applications, such as residential wiring, low-voltage lighting systems, control and signal wiring, and low-voltage data communication systems.
In the telecommunications industry, there is a preference for high-speed, reliable, and fibre optic-based wire and cable solutions. Wire and cable play a critical role in telecommunications infrastructure, including fiber optic cables for long-distance communication, coaxial cables for cable TV and broadband internet, and Ethernet cables for local area networks (LANs) and data centres. Wire and cable are used extensively in the construction sector for electrical wiring in residential, commercial, and industrial buildings. The National Electrical Code (NEC) is a set of standards and guidelines established by the National Fire Protection Association (NFPA) that governs electrical installations in the United States. National Electrical Manufacturers Association (NEMA) is the leading trade association for the electrical manufacturing industry in the United States. Insulated Cable Engineers Association (ICEA) is an organization dedicated to the advancement and development of insulated power cables and their applications. Wire Association International (WAI) is a non-profit organization that promotes the interests of the wire and cable industry. Underwriters Laboratories (UL) provides certifications and testing services for electrical products, including wire and cable. Electrical Wire Processing Technology Expo (EWPT) is a trade show focused on the latest equipment, technologies, and services for the electrical wire and cable processing industry.
Southwire partnered with the NFL's Atlanta Falcons for a campaign called ""Southwire and the Atlanta Falcons Powering the Future."" This collaboration aimed to promote energy efficiency and sustainability, with Falcons players endorsing Southwire's wire and cable products as part of the campaign. Belden partnered with actress and comedian Melissa McCarthy for a commercial campaign highlighting the importance of reliable connectivity and communication. The expansion of infrastructure, technological improvements, and the rising demand for dependable and efficient connectivity solutions will all contribute to the sustained growth and innovation of the wire and cable market in the USA. The market is in a good position to adapt to changing industry demands and support the general economic growth of the nation because to its solid base and adaptability.
Considered in this report:
• Geography: United States
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028
Aspects covered in this report:
• United States wire and Cable with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
By Installation Type:
• Overhead
• Underground
• Submarine
By End Users:
• Power Infrastructure (Energy, Power Transmission, and Distribution)
• IT & Telecommunication
• Building & Construction (Commercial and Residential)
• Aerospace & Defence
• Consumer Electronics
• Automotive (Passenger, Commercial, and Utility Vehicles)
• Others (Oil & Gas Industry, Industrial Machinery and Manufacturing, Medical Equipment, Logistics, etc.)
The approach of the report:This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analysing government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age groups, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources.
Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Medium Voltage Cable market, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.