TechNavio today launched its report, Wire and Cable Manufacturing Industry in China 2011-2015, based on an in-depth analysis focusing exclusively on China. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Hardware team said: ”A number of vendors are already focusing their efforts on the use of high-quality raw materials in order to produce wires and cables of high quality. The use of high-quality raw materials would result in a higher cost of the final product; however, the products would be used for a much wider range of applications across the globe.”
According to the report, the industrial growth in China is one the key drivers that is augmenting the growth of the Wire and Cable Manufacturing industry in the country. Almost all industries in the world require a substantial amount of wires and cables for their daily operations. A high industrial growth translates into a high demand for wires and cables.
Further, the report reveals that the fluctuating cost of the raw materials that are required in the manufacturing of wires and cables is expected to be a key challenge to this market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/wire-and-cable-manufacturing-industry-c…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Hardware market research, please visit https://www.technavio.com/hardware
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TechNavio Announces the Publication of its Research Report – Wire and Cable Manufacturing Industry in China 2011-2015
