Live wire: Foreign wire and cable manufacturers will pressure domestic producers

Over the past five years, increased construction activity and expanded energy infrastructure spurred demand for the Wire and Cable Manufacturing industry's products. Yet despite improving downstream conditions since the recession, the industry has been challenged by heightened competition from foreign manufacturers for much of the five-year period. Even as the economy continues to recover over the next five years, import penetration is expected to constrain industry growth. Nevertheless, industry revenue is anticipated to rise steadily during the outlook period as healthier construction markets and power transmission overhauls drive demand for wire and cable...read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 13-18
-0.5%
Forecast Growth 18-23
Profit
Employment
3,379
Businesses
138

Industry Threats & Opportunities

  • The industry has endured rising import competition, presenting a major obstacle to growth
  • Import penetration has presented a major obstacle to this industry
  • The industry’s largest sources of demand are expected grow over the next five years
  • Industry Report - Industry Analysis Chapter

    The Wire and Cable Manufacturing industry in Canada produces insulated fibre-optic cable and nonferrous wire alongside cable from purchased optical fibres and drawn nonferrous wire. Major downstream markets include construction, manufacturing, power utilities and telecommunications companies. Over the past five years, these markets have not provided sufficient demand to offset rising import competition. In addition, the volatile price of input metals, including copper and aluminum, plays a major role in product pricing. Industry operators must adjust the selling price of wire and cable in line with upstream metal costs to remain competitive. As ...purchase to read more.

    Additional Insights for the Wire & Cable Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Wire & Cable Manufacturing Industry are

  • Access to the latest available and most efficient technology and techniques
  • Having links with suppliers
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as World price of copper and Demand from construction in the Wire & Cable Manufacturing industry impact industry performance..

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    What's in this report

    What is the Wire & Cable Manufacturing Industry?

    This industry insulates fibre-optic cable and manufactures insulated nonferrous wire and cable from nonferrous wire drawn in other establishments.

    Industry Products
  • Electronic wire and cable
  • Telephone and telegraph wire and cable
  • Power wire and cable
  • Building wire and cable
  • Fibre-optic cable
  • Other wire and cable
  • Industry Activities
  • Electronic and cable
  • Telephone and telegraph wire and cable
  • Power wire and cable
  • Building wire and cable
  • Insulated optical fibre cable
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • World price of copper
  • Demand from construction
  • Industrial capacity utilization
  • Canadian-dollar effective exchange rate index
  • Demand from broadcasting and telecommunications
  • World price of aluminum

  • Current Performance
  • Weak downstream demand
  • Import penetration
  • Falling metal prices
  • Chart: Revenue Growth

  • Industry Outlook
  • Rebounding demand
  • Rising metal prices
  • Industry structure
  • Table: Wire & Cable Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Wire & Cable Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Utilities In Canada
  • Construction In Canada
  • Electricians in Canada
  • Cable Networks in Canada
  • Wired Telecommunications Carriers in Canada

  • Key Selling Industries
  • Aluminum Manufacturing in Canada
  • Nonferrous Metal Rolling & Alloying in Canada
  • Plastic Pipe & Parts Manufacturing in Canada
  • Synthetic Fibre Manufacturing in Canada

  • Products & Services
  • Fibre-optic cable
  • Electronic wire and cable
  • Power wire and cable
  • Building wire and cable
  • Other wire and cable
  • Telephone and telegraph wire and cable
  • Chart: Wire & Cable Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Telecommunications
  • Electrical and electronic product manufacturers
  • Power utilities
  • Building construction
  • Exports
  • Other
  • Chart: Major Market Segmentation for the Wire & Cable Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciationOther
  • Chart: Cost Structure Benchmarking – Sector vs Wire & Cable Manufacturing

  • Basis of Competition
  • Internal
  • External

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Wire & Cable Manufacturing Industry

  • Industry Globalization
    Nexans SA, General Cable Corporation,
  • Table: Nexans SA - financial performance
  • Table: General Cable Corporation - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Wire & Cable Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Wire & Cable Manufacturing Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • World price of copper (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Fibre-To-The-Premises (Fttp)
  • Fibre-optic cabling that allows simultaneous delivery of video, voice and data at very high speeds.
  • Insulating
  • The process of extruding PVC and then nylon (where applicable) over the solid or stranded wire.
  • Magnet Wire
  • An insulated copper or aluminum conductor used by major original equipment manufacturers and distributors.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Wire & Cable Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Wire & Cable Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Wire & Cable Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Wire & Cable Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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