Insulated Wire & Cable in China forecasts for 2011 & 2016

Gains will be fueled by strong gross fixed investment in power grid, telecommunication and building construction, as well as by further increases in production of products that incorporate insulated wire and cable. In order to accommodate the  needs of the rapidly expanding industrial sector and to provide a solid foundation for continued economic development, the Chinese government is focusing on expanding and  modernizing the country’s utility facilities, including power grids and telecommunication networks. This is providing significant opportunities for power, electronic and telephone wire, and  fiber optic cable suppliers. A favorable outlook for construction  expenditures will also help stimulate advances in building wire and cable.  Increasing shipments of key end-use products such as electrical, electronic and  transportation equipment will fuel demand for apparatus, electronic and  automobile wire and cable. Power wire & cable to stay largest product segment Power wire and cable is expected to remain the largest product segment and post the fastest growth through 2011. Government efforts to improve China’s  power grid will be the principal driver of demand for power wire and cable. For  example, China plans to have established a backbone network of ultra-high voltage power transmission by 2020. Fiber optic  cable and electronic wire will also see favorable opportunities through 2011 as the country increases its telecommunications, computer networking and data communication capabilities. Electric utilities, electronic/ electrical markets to see favorable growth prospects The electric utilities market for insulated wire and cable is expected to post the  fastest rate of growth, reflecting increasing electricity production and the need to upgrade the country’s transmission and  distribution network. Favorable gains will also come in electronic and electrical equipment markets, where demand is  supported by an expanding communication network and a growing electrical sector. Market gains for wire and cable in  building construction, industrial equipment and transportation applications will  be healthy, bolstered by further increases in construction expenditures and industrial  and transportation equipment shipments. Opportunities in China vary by geographic region As with gross fixed investment activity, the size, growth and composition of wire and cable demand in China differ  substantially from region to region. The Central-East will remain the largest  regional wire and cable market, accounting for more than two-fifths of overall  demand in 2011. However, the fastest rate of growth is anticipated in the Northwest. Market gains will primarily benefit from  the government’s Go West strategy, but also reflect the relatively small base from which advances are derived. Wire and cable demand growth in the Central- ast and Central-North regions will also exceed the national average, benefiting  from favorable business conditions. Study coverage This new industry study, Insulated Wire & Cable in China, is available for $5100. It presents historical demand data for the years 1996, 2001 and 2006 plus forecasts for 2011 and 2016 by product, market and geographic region. The study also considers market environment  factors, assesses industry composition, evaluates company market shares and profiles 36 industry participants. For more Information, Kindly visit - http://www.bharatbook.com/detail.asp?id=77986

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