Cabling market posts good numbers in 2001; increases expected to continue

May 15, 2002
After logging $101 million in sales in 2001, the U.S. residential cabling market is expected to climb by 75% per year to reach $541 million in 2004. The figures, based on a study recently released by BSRIA Worldwide Market Intelligence, predict that in the same 3-yr period the United States will account for 60% of world sales if current rates remain constant. The report was compiled from 125 interviews

After logging $101 million in sales in 2001, the U.S. residential cabling market is expected to climb by 75% per year to reach $541 million in 2004. The figures, based on a study recently released by BSRIA Worldwide Market Intelligence, predict that in the same 3-yr period the United States will account for 60% of world sales if current rates remain constant.

The report was compiled from 125 interviews with cabling experts and manufacturers. Placed against the numbers for commercial cabling sales ($4.43 billion in 2001), residential wiring figures are comparatively small, but the market for the latter is expected to increase exponentially in the coming years, while the former is predicted to stagnate.

Voice your opinion!

To join the conversation, and become an exclusive member of EC&M, create an account today!

Sponsored Recommendations

How to Calculate Labor Costs

Most important to accurately estimating labor costs is knowing the approximate hours required for project completion. Learn how to calculate electrical labor cost.

8 Types of Electrical Conduit and Their Uses

Electrical conduit is a tube or raceway used to house and protect electrical wires within a building or structure. From data centers to underground subways to ports and bridges...

Considerations for Direct Burial Conduit

Installation type plays a key role in the type of conduit selected for electrical systems in industrial construction projects. Above ground, below ground, direct buried, encased...

Champion Strut Catalog

Champion Fiberglass is the most advanced manufacturing facility of fiberglass conduit, fiberglass bridge drain and fiberglass strut systems in the world. Its well-trained and ...