NEW YORK, June 8, 2017 /PRNewswire/ -- This the main focus of this report is on energy and communications cables bub it also brifely surveys the market for wire rope.. The report contains 88 charts and 23 tables in 174 pages. Energy and communications cable. The three basic categories of energy and communications conductors - insulated cables, bare conductors or lines and fibre optical cable - cover a wide ranging market, fulfilling a multitude of needs. The energy sector represents 67% of the total conductor market, telecoms and winding wire making up the balance. The report has surveys of the main regions and countries in the cable markeet. China has been the driving force in the cable market in recent years, coming from tenth position a decade ago to the number one producer and consumer in the world today, accounting for 36% of production and 26% of consumption, not including the informal market of thousands of low cut price producers of poor quality cable in China and India. China still drives global demand but its relentless drive is slowing down. The report surveys production, which has continued on an almost linear trend from 2000 to 2016, with a dip in 2009 during the year of the financial crisis. Prices are reviewed and over the period under review they have varied considerably, depending on demand and on the cost of raw materials, especially copper, which is extremely volatile. Between 2002 and 2006 the value of consumption more than doubled. This was far in excess of inflation and was due to the escalating price of copper during that period. A distinction should be made between the end user sector and the end use of cable within these sectors. The largest single end-user segment consists of the infrastructure and utility sector, consisting of GTD (electricity generation, transmission and distribution), rail and airports. The report identifies the most profitable segments of the market and those with the best prospects of long term growth but they are not the largest. Seven manufacturers domiante the high tech end of the market with companies in Europe, Japan and Korea producing HV and EHV land and submarine cable and a few more producing MV submarine cable. Throughout the world there are over 15,000 companies making wire and cable but only about 50 have sales turnover over $300 million. The bulk of the small companies are in two countries, China and India.
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