Over the five years to 2014, China's Wire and Cable Manufacturing industry has been growing at an annualized rate of 13.0% to $221.8 billion due to strong domestic demand and high economic growth across China. In 2009, the global recession caused revenue growth to slow, largely due to a 26.3% fall in foreign demand. However, the recovering global economy led to a rebound in the industry in the following years.
China's electricity and power sector consumes about 45.0% of the wires and cables manufactured in China each year. In addition, strong growth in the construction and equipment manufacturing sectors has created high demand for industry products.
Firms in the Wire and Cable Manufacturing Industry in China manufacture wires and cables for the transmission of analog or digital information signals and for power transmission and distribution.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.