PRLog recently reports of the developing growth and advancing technologies of the global wire and cable market. This press release provided an overview of the market size based on volume and value sales, with analysis of the following aspects: materials: plastics, metals, fiber, superconductors; technologies: power transmission and non-power transmission; and application sectors: residential, commercial, and industrial premises, and utility providers. It also discussed analysis of global market trends of custom and coaxial cable sale trends, with data from 2009, estimates for 2010, and projections of compound annual growth rates (CAGRs) through 2015, and outlined basic operating principles of cables and wires, with sections on the anatomy of a cable, fundamentals of power transmission, and fundamentals of telecom signaling and data transmission.
The terms cables and wires in this report are used interchangeably. For instance, custom cables refer to the physical structure that is used to conduct electrical current and telecommunications signal/payload. The term cable should thus be distinguished from the same term used in context of the cable television industry, for instance.
Cables and wires are the most commonplace indicators of a wide range of technologies existing in various stages of sophistication. As in other fields, military wires primarily serve two purposes: transmission of power and transmission of telecommunications payloads and signals. These two broad usages span a wide array of applications and industries. Consequently cables and wires comprise a formidable market on their own.
The underlying operating principle has remained consistent over the years and is fairly uncomplicated with regards to cables super flexible wires serving as conduits to connect high-tech islands. This simplicity in technology does not rub off on its market dynamics. The result of this simplicity is a large number of significant stakeholders. Additionally, these diverse stakeholders are very sensitive to macroeconomic trends on the global scale.