Global Wire and Cable Market 2022-2028

Global Wire and Cable Market 2022-2028

Wires and cables are a conductor or group of conductors used for transmitting power or telecommunications signals. In electrical field, wires and cables are mainly designed to carry electrical current from one point to another point. Telecommunication cables are used in extremely wide range of applications including voice, data and signal transmission using various media such as fiber optic, coaxial conductors, copper conductors, etc. According to Gen Consulting Company, the global wire and cable market is set to achieve an incremental growth of USD 100 billion, acelerating at a CAGR of almost 5.2% during the forecast period 2022-2028.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global wire and cable market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the wire and cable industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, end user, and region. The global market for wire and cable can be segmented by product: power cables, telecom cables. According to the research, the power cables segment had the largest share in the global wire and cable market. Wire and cable market is further segmented by end user: commercial, energy & utilities, industrial, residential, others. Based on region, the wire and cable market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW).

By product:

• power cables
• telecom cables

By end user:

• commercial
• energy & utilities
• industrial
• residential
• others

By region:

• Asia Pacific
• Europe
• North America
• Rest of the World (RoW)

The power cables market is further segmented into extra-low voltage (ELV) power cable, high-voltage power cable, low-voltage power cable. Furthermore, the telecom cables market has been categorized into metal communication cable, fiber optic cable. Globally, the metal communication cable segment made up the largest share of the wire and cable market. In addition, the wire and cable market has been further segmented by major countries from each region. These include USA, Canada, Mexico, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, South Korea, Brazil.

The report also provides analysis of the key companies of the industry and their detailed company profiles including Baosheng High Voltage Cable Co., Ltd., Belden Incorporated, Corning Inc., Fiberhome Telecommunication Technologies Co., Ltd., Finolex Cables Limited, Fujikura Ltd., Furukawa Electric Co., Ltd., Hengtong Group Co., Ltd., Jiangsu Zhongli Group Co., Ltd., Leoni AG, LS Cables & System Ltd., Nexans S.A., NKT A/S, Prysmian S.p.A., Saudi Cable Company, Southwire Company, LLC, Sumitomo Corporation, Wuxi Jiangnan Cable Co., Ltd., Yazaki Corporation, Zhejiang Wanma Co., Ltd., among others.

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Historical & Forecast Period

This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report

• To analyze and forecast the market size of the global wire and cable market.
• To classify and forecast the global wire and cable market based on product, end user, region.
• To identify drivers and challenges for the global wire and cable market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global wire and cable market.
• To identify and analyze the profile of leading players operating in the global wire and cable market.

Why Choose This Report

• Gain a reliable outlook of the global wire and cable market forecasts from 2022 to 2028 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.