Jul 7, 2017   SOURCE: PR NewsWire

Global Demand for Wire & Cable to Reach $229 Billion in 2021

ROCKVILLE, Md., July 7, 2017 /PRNewswire/ -- Global demand for wire and cable is forecast to reach $229 billion in 2021, according to the Wire & Cable Report Ed 3 2017, a report recently released by StatPlan Energy Research. Demand for wire and cable will increase slowly in terms of tonnage for some years, contributing to a strong price, but continued over-production capacity will act to counter this trend, keeping prices down. Demand for fibre optic cable is predicted to continue to rise due to the price decline of 10-15% a year over the past decade.

The report gives a detailed analysis of global demand in regions and major countries for the main wire and cable product groups in market segments such as automotive, shipping, aircraft, mining, construction and industrial process. Special reports are contained for the high-tech developments like superconductors, submarine cable and SURF.

These and other key insights are featured in the Wire & Cable Report Ed 3 2017.
Total demand is segmented by product in terms of:

    --  Copper insulated cable
    --  Aluminum insulated cable
    --  Metallic telecoms cable
    --  Fibre optic cable
    --  Winding wire

More information about the report is available at: https://www.marketresearch.com/StatPlan-Energy-v3953/Wire-Cable-Ed-10913424/

About StatPlan Energy Research
StatPlan Energy Research is a research company specialising in the energy and telecoms industries. We publish reports, forecasts and databases of energy infrastructure (generation, transmission and distribution, telecoms networks), key products (such as transformers, water, gas and electricity meters, cable, towers, poles, insulators, base stations) and key market drivers that influence demand.

Other recent reports include:
Transformer Report Ed 5, 2017
Towers and Poles Report Ed 5, 2017
Telecoms Network Report Ed 4, 2017
HV Insulators, HV Bushings, Spacers & Dampers Ed 3, 2017

About MarketResearch.com
MarketResearch.com is the leading provider of global market intelligence products and services. With research reports from more than 720 top consulting and advisory firms, MarketResearch.com offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. Moreover, MarketResearch.com's Research Specialists have in-depth knowledge of the publishers and the various types of reports in their respective industries and are ready to provide research assistance.

Press Contact:
Corinne Gangloff
+1 440.684.9600
cgangloff@marketresearch.com

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SOURCE MarketResearch.com