United Arab Emirates (UAE) Wire and Cable Market Overview, 2028

United Arab Emirates (UAE) Wire and Cable Market Overview, 2028

The growing construction of smart cities and commercial buildings, as well as other smart-grid initiatives and power facility development, are the primary factors boosting demand for wires and cables in the UAE. Furthermore, the expanding numbers of residential and commercial structures in preparation for the UAE Expo 2021, as well as the increasing use of power cables for power distribution and transmission, are driving demand for wires and cables in the UAE. Various measures aimed at diversifying the UAE's economy away from the oil industry, as well as massive expenditures in big infrastructure projects such as theme parks, skyscrapers, shopping malls, and so on, will boost the market for wires and cables in the future. Furthermore, forthcoming initiatives in the hospitality, real estate, tourism, and infrastructure sectors, as well as the country experiencing a major inflow of visitors in conjunction with the World Expo in Dubai, are expected to fuel the market. The UAE is one of the fastest-growing economies in the world, and the construction industry is a major driver of economic growth. The government is investing heavily in infrastructure development, which is creating a demand for wires and cables. The UAE is one of the leading countries in the adoption of smart technologies. The increasing demand for smart homes and buildings is driving the demand for wires and cables that can support the latest technologies. Manufacturers are increasingly adopting new technologies, such as optical fiber and smart grid technology, to develop innovative wire and cable products. This is being driven by the growing demand for high-speed data transmission and the need for a more efficient and reliable power grid. The UAE is a major hub for data centers in the Middle East. The increasing demand for cloud computing and other data-intensive applications is driving the demand for wires and cables that can support the high power requirements of data centers.

According to the research report ""UAE Wire and Cable Market Overview, 2028,"" published by Bonafide Research, the UAE wire and cable is expected to reach market size of more than USD 1.8 Billion by 2028. The power sector is another major consumer of wire and cable in the UAE. The government is committed to reducing its dependence on oil and gas, and is investing in renewable energy sources, such as solar and wind power. This is creating a demand for wires and cables that can support the transmission and distribution of renewable energy. Furthermore, the telecommunications sector is also a major consumer of wire and cable in the UAE. The increasing demand for high-speed internet and mobile data is driving the demand for wires and cables that can support the latest technologies. The UAE has a young and growing population. The increasing number of people living in the UAE is creating a demand for new homes, businesses, and infrastructure. The government is supporting the development of the wire and cable industry. The government is providing subsidies and tax breaks to wire and cable manufacturers, which is making it more affordable to produce wire and cable in the UAE. Smart grid technology uses sensors and other devices to monitor and control the power grid. This can help to improve efficiency, reliability, and security. Smart grid technology is gaining popularity in UAE. The IoT is a network of physical objects that are connected to the internet. These objects can collect and exchange data, which can be used to improve efficiency, safety, and security. The IoT is being used in a variety of applications, including smart homes, manufacturing, and transportation. Manufacturers are increasingly using sustainable materials, such as recycled plastics and bio-based materials, in the production of wire and cable. This is being driven by government regulations and the growing demand from consumers for environmentally friendly products.

ESMA has established specific technical regulations, known as Emirates Conformity Assessment Scheme (ECAS), for various products, including wire and cable. The ECAS regulations outline the requirements for certification and conformity assessment processes to ensure compliance with safety and quality standards. To legally import, sell, or distribute wire and cable products in the UAE, manufacturers and suppliers are typically required to obtain the ECAS certification. This certification demonstrates that the products meet the specified safety, quality, and performance standards set by ESMA. The specific requirements and standards for wire and cable products are outlined in the UAE Standardization and Metrology Law (Federal Law No. 28 of 2001) and its related regulations. These standards cover aspects such as electrical conductivity, insulation properties, fire resistance, and environmental considerations.

The voltage type of the market includes voltage type, low voltage, medium, voltage, High voltage and optical fiber cable. The low voltage is positively leading the market in UAE. Low voltage cables are available in various types and configurations, allowing them to be used in a wide range of applications. They can be installed in residential buildings, offices, hospitals, educational institutions, and many other settings. The versatility and flexibility of low voltage cables make them suitable for different construction projects, contributing to their market dominance. Low voltage cables are designed to operate at lower voltage levels, typically 1kV and below. This lower voltage poses less risk of electrical shock and reduces fire hazards compared to high voltage cables. Compliance with safety regulations and building codes is a significant concern in the UAE, and low voltage cables meet these requirements, making them a preferred choice. The UAE has been undergoing significant infrastructure development, including construction of residential, commercial, and industrial buildings, as well as various infrastructure projects. Low voltage cables are commonly used in these applications for power distribution, lighting, and communication systems.

Considered in this report
• Geography: UAE
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• UAE Wire and Cable market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Voltage Type
• Low Voltage
• Medium Voltage
• High Voltage
• Optical Fiber Cable

By End User
• Power Infrastructure (Energy, Power Transmission and Distribution)
• IT & Telecommunication
• Building & Construction (Commercial and Residential)
• Aerospace & Defence
• Consumer Electronics
• Automotive (Passenger, Commercial and Utility Vehicles
• Others (Oil & Gas Industry, Industrial Machinery and Manufacturing, Medical Equipment, Logistics, etc.)

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Wire and Cable industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.