Global Wire & Cable Market Growth 2023-2029

Global Wire & Cable Market Growth 2023-2029

Wire and Cable are used to connect two or more devices, enabling the transfer of electrical signals or power from one device to the other. Cables are used for a wide range of purposes, and each must be tailored for that purpose. Wire and Cable are used extensively in electronic devices for power and signal circuits. Long-distance communication takes place over undersea cables. Power cables are used for bulk transmission of alternating and direct current power, especially using high-voltage cable. Wire and Cable are extensively used in building wiring for lighting, power and control circuits permanently installed in buildings. Since all the circuit conductors required can be installed in a cable at one time, installation labor is saved compared to certain other wiring methods.
LPI (LP Information)' newest research report, the “Wire & Cable Industry Forecast” looks at past sales and reviews total world Wire & Cable sales in 2022, providing a comprehensive analysis by region and market sector of projected Wire & Cable sales for 2023 through 2029. With Wire & Cable sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wire & Cable industry.
This Insight Report provides a comprehensive analysis of the global Wire & Cable 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 Wire & Cable portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Wire & Cable market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wire & Cable 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 Wire & Cable.
The global Wire & Cable market size is projected to grow from US$ 101770 million in 2022 to US$ 149040 million in 2029; it is expected to grow at a CAGR of 149040 from 2023 to 2029.
Global key wire & cable manufacturers include Prysmian, Nexans, Hengtong Group etc.The top 5 companies hold a share over 25%.Asia Pacific is the largest market, with a share about 48%, followed by Europe and North America with the share about 20% and 15%.
This report presents a comprehensive overview, market shares, and growth opportunities of Wire & Cable market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Electric Power Cable
Industrial Cable
Telecom & Data Cable
Segmentation by application
Electric Utility
Telecoms
Construction and Infrastructure
Transportation & Mobility
Industrial
Others
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 analyzing the company's coverage, product portfolio, its market penetration.
Prysmian
Nexans
KEI Industries
LS Cable & System
Sumitomo Electric
Fujikura
Furukawa Electric
NKT
TF Kable
Qingdao Hanhe Cable
Orient Cables
YOFC
Hengtong Group
ZTT Group
Baosheng Science & Technology Innovation
Far East Smarter Energy

Key Questions Addressed in this Report
What is the 10-year outlook for the global Wire & Cable market?
What factors are driving Wire & Cable market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Wire & Cable market opportunities vary by end market size?
How does Wire & Cable break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

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