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Global Wire and Cable Producers Finally Hold the Line Against Chinese Rivals in 2015


News provided by

Integer Research Ltd

Aug 30, 2016, 09:30 ET

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LONDON, August 30, 2016 /PRNewswire/ --

In the last decade dozens of Chinese cable makers showed rapid growth in their insulated cable revenues and rose into the Top 100 rankings. It is now clear that this rise up the rankings for the Chinese cable makers has peaked in 2015. As demand growth slowed in China, North American and European producers held their own in the Top 100 rankings in 2015. These are the latest results from Integer's Top 100 Global Wire & Cable Producers Database 2016 .

Leading Chinese producers such as Far East Smarter Energy (Far East Cable), Hengtong and Baosheng saw US$ revenues stall in 2015. There are still 10 Chinese companies in the Top 30, and 35 out of the Top 100, but no new entrants this year. Further growth from Chinese producers is likely to come from overseas acquisition, and in Q4 2015, Hengtong acquired leading South African cable maker Aberdare Cables. However, Japanese producers strengthened their rankings, mainly due to the timing of their full year financial results. Producers in the region, such as Sumitomo Electric performed well in its core cable operations.

Stability in Europe 

European cable makers finally stopped dropping down the rankings. Over the last 6-7 years while more Chinese producer entered the Top 100, companies such as Leoni, NKT, Wilms Group and Tele-fonika built up certain niches in their markets and sustained revenues in 2015. Middle Eastern producer Bahra Cable also saw a very strong 2015, as Saudi Arabia continues to be one of the key production hubs in the region.

Revenues in 2016 are also likely to be more volatile than 2015, with the turbulence of the Brexit vote in the UK, the attempted coup in Turkey and the continued recession in Russia. But there are also some key markets that are showing sustained growth, and Integer will continue to monitor these markets closely.

Keep up with 50% of the market 

The latest Top 100 Wire & Cable Producers Database 2016 is published in Excel format (data and pivots tables) and encompasses a wealth of data over a six year period (2010-2015). It is an ideal tool for understanding the highly competitive wire and cable market, allowing you to compare company performance over time, including divisional revenues, sales by product type and country splits.

More information on The Integer Top 100 Wire & Cable Producers Database 2016, including a free preview, extract charts and an alphabetical list of featured companies is available here >>

WANT TO KNOW MORE? CONTACT US  

Explore the rankings in more detail - arrange an interview with Philip Radbourne, Editor of Integer Research's Top 100, call us +44-20-7503-1265 or email [email protected].

SOURCE Integer Research

Notes:

*We specifically exclude revenues from copper and aluminium rod, bare overhead cables (ACSR/AAC) and wiring harness revenues

SOURCE Integer Research Ltd

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