Wire and Cable Trade Fair 2024 Bulletin: Globalization Trends in Modern Manufacturing

Wire and Cable Trade Fair 2024 has known that cable recycling poses significant challenges in production activities. However, manufacturers can achieve sustainability goals by opting for higher-performance cables.

Statistics show that the U.S. wire and cable market size reached $15.1 billion in 2022, marking a 6% increase year-over-year.

To extend the lifespan of equipment, it is essential to select the appropriate type of cable based on its intended use.

Different types of cables serve various purposes. For example, they are used in robots, clean rooms, drag chains, and manufacturing equipment, and are distributed across power, data, control, motion, and motor feedback applications.

Wire and Cable Trade Fair 2024 learned that the most common cables cost less than $1 per foot. However, higher-precision cables, required for high-precision applications such as industrial machinery and equipment, offer better performance and come at a higher price.

Manufacturers can enhance efficiency through predictive maintenance systems. These systems enable manufacturers to anticipate when equipment will reach the end of its lifespan, allowing for the replacement of components before they fail.

Additionally, predictive maintenance can reduce the probability of unexpected equipment downtime.

A representative from a system manufacturer stated, "Smart plastics are not only suitable for cables but also for drag chain parts, drag chain components, and other areas." The company anticipates that in the next decade, more manufacturers will focus on the sustainability of equipment usage.

Wire and Cable Trade Fair 2024 reposted this article with the purpose of sharing industry information, which does not mean that our company supports the views stated in the article, nor are we responsible for the truthfulness of the entire article. If any infringement occurs, please contact us promptly to delete it.