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

May 15, 2002 12:00 PM

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.

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