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Electrical Wire Manufacturing Companies
Electrical wires and cables are the most important components of electrical transmission and distribution systems. The electrical wires are used for distribution purposes in industries and households. The conductors and cables are used for the high voltage transmission and distribution processes. These wires and cables had various manufacturers worldwide, some of which are famous in this market.
The consumers choose the wires according to the capacity and the lifetime of the wire, so when choosing a wire the features, capacity details, and the brand value in the market matter the most. According to consumers point of view the below mentioned are the top electrical wire manufacturing countries in the world:
10. V-GAURD INDUSTRIES LTD. – INDIA
V-Guard is the largest electrical product manufacturer in India. The company was founded by an electrical engineer Kochouseph Chittilappilly in the year 1977. First, the company started manufacturing the industrial and home appliances, and later on, they entered the cables and wire markets and they had a kick started their sales in wires for households in India.
The company manufactures various electrical goods such as electrical motors, electrical pumps, electrical home appliances, cables, wires, stabilizers, etc. This company values its stocks at a good price and leads the electrical market sector in India. The market value of the V-Guard in the electrical sector is 1.45 Billion US dollars.
09. NEXANS – FRANCE
Nexans S.A is a Multinational company that has its own place in the electrical sector. This company is famous for its optic fiber production and it is one of the top manufacturers of optic-fiber cables. This company was founded in 2000 and has its headquarters in France. This company has its own place on the global table for having the best sales in the Europe continental region in the Wires and cables market.
The Market value of the company is 1.74 Billion dollars. The company’s major products are cables and wires, electrical goods, and optical fiber.
08. FURUKAWA ELECTRIC COMPANY – JAPAN
Furukawa Electric LTD. is a Japanese electric and electronic goods company. This public company was founded by Furukawa Ichibel in the year 1884. This is one of the global leaders in electric capital product sales. This company mainly focuses on Cables and wires, Capital goods, and Electronic equipment production. The Market value of the company in the global region is 1.80 Billion US dollars.
07. HENGTONG OPTIC – ELECTRIC – CHINA
Hengtong is a Chinese power cable and wire manufacturing company that has its headquarters in China. The company was founded by an electrical engineer Cui Genilang in the year 1993. This company is famous for its various wire designs and it has its best sales in the eastern region. The Market value of the Hengtong company is 4.08 Billion US dollars.
06. HAVELLS INDIA LTD – INDIA
Havells India is one of the oldest electrical companies in India It was founded in the year 1958 which was founded by Qimat Rai Gupta. Havells has its headquarters in Noida. Havells India started its journey as electrical equipment such as lights and fans and then they came into the wire and cables manufacturing market in the year 1970. The Havells has its child companies which focus on various electrical and electronic products.
The Market value of Havells India is 6.23 Billion US dollars. This company is famous for its Home electrical appliances in the global electrical Industry.
05. PRYSMIAN – ITALY
Prysmain S.P.A is an Italian electrical product based company. This company majorly manufactures electrical cables and wires and has its headquarters in Italy. The company originated in the year 1879 as Pirelli Cavi e Sistemi and was later modified into Prysmian in the year 2011. This company holds the name as the global leader in designing the cables for renewable energy power plants.
This company majorly focuses on only wires and cables and it holds a market value of 6.43 Billion US Dollars in the Electrical sector.
04. SUMITOMO ELECTRIC INDUSTRIES – JAPAN
Sumitomo Electric Industries is a manufacturer of wires and cables which has its headquarters in Japan. The company was founded in the year 1987 and it mainly focuses on the research and development of new electrical products. It mainly operates in five different fields in that the electrical wires and cables are the leading businesses.
Sumitomo has its brand as the oldest company belonged to Japan but they are not in the electrical industry until the 1980s and they formed Sumitomo electric industries in 1987 as a child company of Sumitomo industries. The Market Value of the company is 11.47 Billion US Dollars.
03. AMPHENOL CORPORATION – USA
Amphenol is an American company which is major manufacturer of cables, wires and fibre-optic connectors. This company is founded in the year 1932 by an entrepreneur Arthur J.Schmitt who first produced the tube sockets for radio tubes which was the first product on Amphenol Corporation. Later on they developed products on cables and Amphenol hold its name on the top of table in Coaxial cable market.
This company operates Wallingford as its main headquarters and had its locations around 60 companies in the world. The market value of the company is 30.40 Billion US dollars.
02. T E CONNECTIVITY LTD – SWITZERLAND
TE connectivity is a public limited company that designs and manufactures sensors, wires and cables, industrial equipment, and data communication systems. This is formerly called Tyco Electronics company. In 2007 the former Tyco International LTD. The company is diluted into three different companies and that is when the TE connectivity is formed and started production.
This company is famous for electrical wire manufacturing and most sold in overseas countries. These company headquarters are in Switzerland and Terrence Curtin is the CEO. The market value of the company is 31.58 billion US Dollars.
01. HITACHI – JAPAN
Hitachi is a Japanese multinational electrical product-based company. Hitachi is the top electrical goods seller which holds a turnover of 32 billion US dollars according to the 2021 financial year updates. This company was founded by a Japanese electrical engineer named Namihei Odiara in the year 1910. First, the Hitachi company started as a motor manufacturing company and later on it started developing electrical wires and cables they started selling them in 1918 and they acquired Tokyo as its headquarters.
During the second world war the factories got damaged in Japan and Hitachi is one of them and they started reconstructing the company and they came back in the year 1959 as Hitachi Public LTD. From there on the Hitachi never looked back as they are the top in electrical products and services. They are recently into IoT and Robotic services which made their revenue double. The company has approximately 4 lakhs employees working for it in different regions.
The above mentioned are the top electrical wire manufacturing companies according to the market value and sales in the electrical wires and cables.
This was about “Electrical Wire Manufacturing Companies“. I hope this article may help you all a lot. Thank you for reading.
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