Freedonia In The News
Article Title: Demand for insulated wire, cable to exceed $29-Billion
Publication: Electronic Products and Technology, 7/6/2013
Freedonia Study: Insulated Wire & Cable (3036)
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US demand for insulated wire and cable is projected to increase 5.8 percent per year through 2017 to $29.2 billion, recovering from declines during the 2007-2012 period, according to a study from The Freedonia Group Inc., a Cleveland-based industry market research firm.
Building construction, particularly new housing, will drive demand for many types of wire and cable, including building, electronic, and power wire and cable products. In addition, upgrades to the aging US power transmission and distribution network will stimulate gains for power wire and cable and a turnaround in motor vehicle production will benefit advances for primary, ignition, and battery wire and cable.
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