$16.1bn
$X.Xbn
23,163
279
$X.Xbn
Wire and cable manufacturers provide insulated nonferrous wire, cable and fiber-optic cable products that are essential to the industrial, utilities, construction and telecommunications markets. Within the five-year period, the industry has been affected by a drop in the value of nonresidential construction stemming from the pandemic, volatile copper prices and the implementation of import tariffs. Nonetheless, as key downstream markets reopened, revenue has rebounded. Overall, revenue increased at a CAGR of 2.7% to an estimated $16.1 billion over the past five years, with revenue climbing an estimated 2.3% in 2024.
Industry revenue has grown at a CAGR of 2.7 % over the past five years, to reach an estimated $16.1bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Encore Wire Corporation | 2,956.0 | 458.0 | 15.5 | |
Southwire Co | 2,560.5 | 195.6 | 7.6 | |
Commscope Inc. | 2,513.2 | -147.5 | -5.9 |
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Industry revenue is measured across several distinct product and services lines, including Electronic wire and cable, Telecom wire and cable and Building wire and cable. Electronic wire and cable is the largest segment of the Wire & Cable Manufacturing in the US.
Consistent consumer demand benefits electronic wires and cables
Manufacturers in this industry produce insulated nonferrous wire and cable and fiber-optic cable used for power transmission and communication. Establishments use wire and optical fiber manufactured by companies outside the industry.
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NAICS 33592 - Wire & Cable Manufacturing in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Strong international trade alleviated large losses during the pandemic. A strong US dollar enabled industry producers to cut production costs, benefiting revenue during the p...
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Emphasis on the construction sector is a crucial barometer for success. For industry producers, the successful performance of the construction sector will boost revenue growt...
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A high manufacturing presence is crucial for industry establishments. The larger influence of manufacturing provides greater aggregate demand for industry producers.
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A lack of product diversification enhances internal competition. The industry has limited product diversification, which enhances competition for a fixed set of customers.
Learn about the performance of the top companies in the industry.
Three companies maintain a market share greater than 5.0%. For companies such as Southwire Co. and Encore Wire Co., favorable commodity contracts with suppliers enhance their...
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Volatile input prices of aluminum and copper dampen industry growth. Rapid price swings in these commodities create uncertainty for industry producers, reducing revenue growt...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Profitability depends on global economic stability. For industry producers, stable input prices of commodities such as copper and aluminum benefit industry profitability.
Including values and annual change:
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Key data sources in the US include:
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The market size of the Wire & Cable Manufacturing in the US industry in United States is $16.1bn in 2024.
There are 279 businesses in the Wire & Cable Manufacturing in the US industry in United States, which has declined at a CAGR of 0.4 % between 2019 and 2024.
The market size of the Wire & Cable Manufacturing in the US industry in United States has been growing at a CAGR of 2.7 % between 2019 and 2024.
Over the next five years, the Wire & Cable Manufacturing in the US industry in United States is expected to grow.
The biggest companies operating in the Wire & Cable Manufacturing market in United States are Encore Wire Corporation, Southwire Co and Commscope Inc.
Electronic wire and cable and Telephone and telegraph wire and cable are part of the Wire & Cable Manufacturing in the US industry.
The company holding the most market share in United States is Encore Wire Corporation.
The level of competition is high and steady in the Wire & Cable Manufacturing in the US industry in United States.