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 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 Asia
Global electricity demand is entering a new era of growth, with the International Energy Agency (IEA) projecting a 3.9% annual increase through 2027.
Metal casting trends continue to shape the market and help people improve on previous efforts. Here are several influencing the sector now and are likely...
Bloomberg Energy Finance predicts that 54 percent of new cars sold in 2040 will be EVs, accounting for 33 percent of the global car fleet by then.
The government has vowed to continue the development of national strategic projects during the COVID-19 health crisis with the addition of 89 new projects of an estimated Rp 1.422 quadrillion in investment value.
Every five minutes, KUKA robots in northern Italy print head brackets for face shields
The pandemic and the subsequent lockdowns have wreaked havoc on global supply chains, particularly in China, the world's manufacturing hub.
Early indications suggested that 2020 would be a year of modest economic recovery. Activity had been trending downwards since the zenith reached in the spring of 2018. Both governments and businesses had hoped that the start of the new decade would coincide with an upturn in economic growth. However, the coronavirus pandemic and subsequent lockdown measures have thwarted any such possibilities.