Other Electronic Wire & Cable Manufacturing in the UK - Industry Market Research Report

Other Electronic Wire & Cable Manufacturing in the UK - Industry Market Research Report

Other Electronic Wire & Cable Manufacturing in the UK

Other electronic cable and wire manufacturers haven't fare so well recently. However, revenue is projected to rise at a compound annual rate of 1.2% over the five years through 2023-24 to £2.1 billion. An increase in the total value of construction has protected revenue, with government initiatives aimed at growing the UK's housing stock promoting residential construction and supporting demand from this market. Sales have been held back, though, by high import penetration. Sluggish manufacturing growth has also limited demand, while technological advancements in fibre-optic cables have largely mitigated the effects of increased demand from telecommunications companies.

Companies in this industry manufacture cables and wire products for use in the communications, construction, power-transmission, industrial and other sectors. These cables are made of copper, steel or aluminium. Fibre-optic cables are not included in this industry (see IBISWorld report C27.310). The manufacture of computer cables, printer cables and USB cables is also excluded.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.