Rising electricity demand is driving growth in cable consumption despite slowing GDP growth globally—this according to Pongsapak Nakornsri, CCO of Bangkok Cable who was speaking at the recent Wire Southeast Asia show in Thailand.
written by: MLT Analytics for Messe Dusseldorf Asiawritten by: MLT Analytics for Messe Dusseldorf Asia
Consumption of cables in Southeast Asia is forecast to accelerate in 2026, growing by 6.2% to an estimated 1.083 million tonnes of conductors, representing a global market share of 5% according to Chenfei Wang, Principal Analyst, Head of Wire & Cable, at market watcher CRU (Shanghai China). This outlook is a step up from the 5.5% annual growth estimated for 2025. Wang was speaking at a seminar co-located with trade event Wire Southeast Asia, which concluded last week in Bangkok, Thailand.
written by: MLT Analytics for Messe Dusseldorf AsiaGlobal electricity demand is entering a new era of growth, with the International Energy Agency (IEA) projecting a 3.9% annual increase through 2027.
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