Abstract
The global cables wires industry was estimated to be worth US$140 billion in
2006. The energy cable segment dominates the industry with the highest share
of 62%, followed by communication cables at the second spot. The global
connectors industry was estimated at around US$40 billion in 2006. With a wide
variety of connectors available in the market, they are broadly classified on
the basis of their level of interconnect.
The ongoing practice of upgrading power grids in developed countries along
with new installations in emerging markets is one of the major growth drivers.
Another supporting factor in line is the capacity constraint faced by major
players like Prysmian and General Cable Corp., which is eventually leading to
increased margins.
Meanwhile, the global optical fibres market is fairly consolidated in nature
with Draka Comteq as the world' s largest company with the highest market share
of around 25%.
The active operators in the global industry for cable wires and connectors are
Draka, General Cable, CommScope, Belden Inc. to name a few.
Analysts believe that factors like rising electronics market, improved speed
and other features in existing products, and shorter product life cycles will
prove helpful in the market growth in future.
The current report begins with a discussion of the cable wires and connectors
market and further it presents key market trends, growth drivers and major
challenges faced by the industry. It also offers profiles of the leading
market players along with their respective financial highlights.
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