Global Power Cables and Communication Cables Market Growth 2025-2031

The global Power Cables and Communication Cables market size is predicted to grow from US$ 222 million in 2025 to US$ 311 million in 2031; it is expected to grow at a CAGR of 5.8% from 2025 to 2031.

The power cables and communication cables market is going through several notable trends. The following are a few key points: 1. Growing demand for renewable energy sources: The increasing popularity of renewable energy sources such as solar and wind power is driving the demand for power cables. These cables are critical for transmitting electricity generated from renewable energy sources to the grid and to end users. 2. Expansion of smart grid infrastructure: The development of smart grid infrastructure that enables efficient energy management and real-time communication between utilities and consumers is driving the demand for communication cables. These cables are used to transmit data and facilitate communication within the smart grid. 3. Increased investment in infrastructure: Rapid urbanization and industrialization in emerging economies is leading to substantial investment in infrastructure. This includes the construction of power plants, transmission networks, and communication systems, thereby driving the demand for power cables and communication cables.

LP Information, Inc. (LPI) ' newest research report, the “Power Cables and Communication Cables Industry Forecast” looks at past sales and reviews total world Power Cables and Communication Cables sales in 2024, providing a comprehensive analysis by region and market sector of projected Power Cables and Communication Cables sales for 2025 through 2031. With Power Cables and Communication Cables sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power Cables and Communication Cables industry.

This Insight Report provides a comprehensive analysis of the global Power Cables and Communication Cables landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Power Cables and Communication Cables portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Power Cables and Communication Cables market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power Cables and Communication Cables and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Power Cables and Communication Cables.

This report presents a comprehensive overview, market shares, and growth opportunities of Power Cables and Communication Cables market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Power Cables
Communication Cables

Segmentation by Application:
Transportation
Industry
Energy
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Advantech
Anixter
General Cable
Hitachi
Nexans
Prysmian Group
Sumitomo Electric Industries
Fujikura
NKT AS
Encore Wire
Elmeridge Cables
Southwire Company
Furukawa Electric

Key Questions Addressed in this Report

What is the 10-year outlook for the global Power Cables and Communication Cables market?

What factors are driving Power Cables and Communication Cables market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Power Cables and Communication Cables market opportunities vary by end market size?

How does Power Cables and Communication Cables break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.