Description of South Africa Wire and Cable Market -
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South Africa is witnessing a tremendous growth of automobile industry
which is boosting the wire and cable market in the country. Apart
from that, the growth in local cable manufacturers and the government
initiatives to procure from these local manufacturers are expected to
further propel the demand of wire and cables market in South Africa.
Moreover, the increasing in-vehicle wiring application bears the
biggest opportunity for key players for providing specialty
automotive wire and cable in the forecast period. On the other hand,
the rising environmental concerns regarding the recycling and safe
disposal of wire and cables is hampering the growth of the South
Africa wire and cable market.
Low Voltage Wire and Cables Find Application in Several Industries
On the basis of voltage, the South Africa wire and cable market has
been segmented into low voltage, medium voltage, and high voltage.
The voltage capacity or power is provided to the end-user or included
in a device as per their requirement.
Among all the voltage type, low voltage wire and cable sector
dominates the market. This sector finds its application in various
industries such as communications, buildings, power distribution and
transmission, automobiles, and electronic applications.
Copper Wire and Cable Sector to Continue with the Dominance in
South Africa Market
The South Africa wire and cable market has been categorized according
to its types, which are aluminum, fiber optic, copper, and others. In
2013, the copper wire and cable segment dominated the South Africa
market with a 38.17% market share, followed by the fiber optic cables
segment.
The domination of the copper segment is anticipated to continue
throughout the forecast period. The rising demand of copper is due to
the investments made by the South African government in
infrastructure sector. These rising investments are anticipated to
fulfill the demands of a rapidly growing population and economy of
South Africa. Copper wire and cable are widely used in power
generation, telecommunications, electronic circuitry, distribution
and transmission among other types of electrical equipment.
Download the Technological Analysis of Wires and Cables Used in
South Africa at:
Building Segment to lead the South Africa Wire and Cable Market in
the Forecast Period
The South Africa wire and cable market has been further segmented on
the basis of its application such as home appliances, buildings,
communication, power distribution and transmission, automotive, and
others (aerospace, consumer electronics, and healthcare).
Among all the applications, buildings segment is the largest
contributor in the South Africa market for wires and cables that
include both residential and commercial projects. The increasing
infrastructural development and new government initiatives in South
Africa have boosted the demand of wire and cable. Another rising
application segment is telecommunications, which is growing rapidly
in South Africa. Apart from that, other applications such as power
distribution and transmission, communications, automotive and
electronic appliances collectively are expected to propel the demand
of wire and cable market in South Africa.
The South Africa wire and cable market bears limited competition.
Some of the key players operating in the market are South Ocean
Holdings Ltd., CBI - electric: African Cables, CCG Cable
Terminations, STMicroelectronics, Texas Instruments, Renesas Aberdare
Cables, General Cable Sub-Sahara Africa, Power Technologies, and
Industrial Cable Suppliers.
