Powering America’s Electric Future: Why the Wire and Cable Industry Is Poised for Growth
The electrical manufacturing industry stands at a historic inflection point. After decades of relatively flat electricity demand, our electrical infrastructure must be prepared to handle a surge in energy consumption. For wire and cable manufacturers, this represents an opportunity to build the backbone of America’s energy dominance, AI leadership and manufacturing prowess.
Growth Drivers and Tailwinds – The National Electrical Manufacturers Association’s (NEMA’s) recent presentation to the International Cablemakers Federation Congress in Montreal, QC, USA underscores the magnitude of change ahead. NEMA’s 2025 Grid Reliability Study finds that by 2050, electricity demand in the United States is expected to grow by more than 50%.