Cable and Wire Industry 2018 Forecasts (Electric Power, Data Communication) for Global & Chinese Regions

DALLAS, April 15, 2015 /PRNewswire/ --

ReportsnReports.com adds Global and China Wire and Cable Industry Report, 2014-2018 market research of 116 pages, published in Apr 2015, to the Semiconductor and Electronics intelligence collection of its store.

Wire and cable industry, a supporting sector of the electric industry, accounts for 25% of total output value of electric industry, and is widely used in electric power industry, data communication, rail transit, automobiles, shipbuilding, and other industries.

After 2004, China's wire and cable industry saw rapid growth, with the revenue achieving a CAGR of 28.7% in 2004-2010. While following 2011, affected by the factors including declining raw material prices, the slowed downstream market, and increasingly prominent overcapacity, the growth of overall industry slowed down. Therefore, the revenue CAGR during 2011-2014 slumped to 7.4%.

Major Foreign Wire and Cable Manufacturers 

Nexans, Prysmian, Sumitomo Electric Industries, Ltd., Furukawa Electric Co., Ltd., General Cable

Major Chinese Wire and Cable Manufacturers 

Qingdao Hanhe Cable Co., Ltd., Baosheng Science and Technology Innovation Co., Ltd., Far East Smarter Energy Co., Ltd., Fujian Nanping Sun Cable Co., Ltd., Guangdong Nanyang Cable Group Holding Co. Ltd., Zhejiang Wanma Cable Co., Ltd., Tebian Electric Apparatus Stock Co., Ltd., Jiangsu Zhongchao Cable Corporation, Shanghai Morn Electric Equipment Co., Ltd., Jiangsu Etern Company Limited, Beijing Xianghui Electrical Wire & Cable Co., Ltd., Cangzhou Huiyou Cable Stock Co., Ltd., Hengtong Group, Wuxi Jiangnan Cable Co., Ltd.

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At present, China has already been the world's largest wire and cable producer, but with a relatively low industry concentration. China's top 10 wire and cable manufacturers have accounted for a combined 10% of the total output value contrast to over 60% of Europe, the United States, and other developed countries.

In addition, more than 95% of wire and cable manufacturers in China are small and medium-sized ones, and they mainly produce low and mid-end products. High-end products rely on imports. In 2014, China imported 285,000 tons of wire and cable from such countries as South Korea, Japan, Germany, and the United States.

In terms of company competition pattern, China wire and cable market is dominated by foreign companies like Prysmian SpA, Nexans SA, and General Cable; the relatively large-scale domestic players including Far East Smarter Energy, Baosheng Sci&Tech Innovation and Qingdao Hanhe Cable occupy small market share.

Prysmian: the largest wire and cable player in the world, the revenue in 2014 hit EUR6.84billion (around USD45.08 billion). Entered in Chinese market in 2001, it has set up seven wire and cable branches. In Sep.2014, it obtained marine cable orders from Shanghai Waigaoqiao Shipbuilding Co.

Nexans: one of the top 3 wire and cable manufacturers worldwide, it could offer full-series wire and cable solutions, and owns three plants in China. In Apr.2015, it obtained 500KV XLPE cable system project of State Gird Shanghai Municipal Electric Power Co., which is the fourth 500KV scale project in China, and estimated to be finished before the end of 2016.

Far East Smarter Energy: the largest wire and cable manufacturer in China, its revenue from wire and cable business in 2014 registered RMB11.78 billion. In July 2014, it signed cooperation agreement with Jiangsu Huabo Industrial Group on providing special wire and cable for Tesla's new energy electric vehicle and charging equipment. In March 2015, it concluded supply contract with GE on cable for intelligent environment-friendly locomotives.

Baosheng: the second largest wire and cable manufacturer in China, it is dedicated to power cable, cable for electric equipment, and network cable, etc, and positively extends to high-end special cable market used in military, new energy, automobile and aviation& aerospace, etc. In Feb.2015, it invested and established Baosheng (Shanghai) Aviation &Aerospace Cable System Co., Ltd.

Global and China Wire and Cable Industry Report, 2014-2018 (http://www.reportsnreports.com/reports/370292-global-and-china-wire-and-cable-industry-report-2014-2018.html) focuses on following:

• Market Size, Competitive Landscape of global wire and cable market;
• Status quo, Market Size, Competitive Landscape, import & export of China wire and cable industry;
• Market Size and Demand of segmented markets including power cable, communication cable and optical cable, automotive wiring harness, etc.;
• Operation and Layout in China of Seven overseas wire and cable players;
• Operation, Revenue Structure, Wire and Cable Business of 18 Chinese wire and cable manufacturers.

Other Related Report: 

Wire and Cable Markets in China: China's demand for Wire and Cable has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption and capital investment for over two decades. This new study examines China's economic trends, investment environment, industry development, supply and demand, industry capacity, industry structure, marketing channels and major industry participants. Historical data (2004, 2009 and 2014) and long-term forecasts through 2019 and 2024 are presented. Major producers in China are profiled.

The primary and secondary research is done in China in order to access up-to-date government regulations, market information and industry data. Data were collected from the Chinese government publications, Chinese language newspapers and magazines, industry associations, local governments' industry bureaus, industry publications, and our in-house databases. Interviews are conducted with Chinese industry experts, university professors, and producers in China. Economic models and quantitative methods are applied in this report to project market demand and industry trends. Metric system is used and values are presented in either Yuan (RMB, current price) and/or US dollars.

Our market research reports provide hard-to-find market data and analyses. Today, China has the largest market in the world. Tremendous fast-growing markets for imports and business opportunities for companies around the world. If you want to expand your business or sell your products in China, our research reports provide the insights and projections into Chinese markets necessary for you to do so.

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