Wire and Cable Market
Global Wire and Cable Market was valued at USD 240.3 billion in 2023 and is estimated to grow at a CAGR of 8.1% from 2024 to 2032, catapulted by the expansion of the telecommunication industry. This development is crucial for meeting the increasing need for faster data transmission and connectivity. As 5G networks are deployed globally, extensive installation of fiber optic cables and other communication infrastructure are necessary to support high-speed internet and enhanced network performance. Against this backdrop, in April 2023, Chinese state-owned telecoms launched a USD 500 million project to develop an undersea fiber optic cable network connecting Asia, the Middle East, and Europe. The cable will be produced and installed by China’s HMN Technologies Co Ltd, formerly part of Huawei Technologies. The growth in mobile data consumption and the rise of connected devices amplify the demand for reliable and high-capacity cables, highlighting the importance of advanced telecommunications infrastructure in the digital age.The overall wire and cable market is classified based on product, voltage, application, and region.The medium voltage segment will register a noteworthy CAGR from 2023 to 2032, owing to the expansion of electrical grids and the modernization of power distribution systems. Medium voltage cables are essential for transmitting electricity from substations to local distribution networks, ensuring efficient power delivery to residential, commercial, and industrial users. As urban development and industrial activities grow, there is a need for reliable and durable medium voltage cables to support infrastructure upgrades and enhance grid stability. Advancements in technology and energy efficiency standards boost the need for high-performance medium voltage solutions.The fiber optic segment will clutch a promising wire and cable market share by 2032, because of the rapid digital transformation and the increasing need for high-bandwidth, low-latency communication networks. Fiber optic cables offer superior performance in transmitting large volumes of data over long distances with minimal signal loss. As businesses and consumers demand faster and more reliable internet services, and with the expansion of cloud computing and streaming services, the need for robust fiber optic infrastructure is surging. North America wire and cable market will exhibit a robust CAGR during the forecast period, due to a surge in infrastructure investment and modernization efforts. As aging infrastructure requires upgrades and new construction projects emerge, there's a significant need for reliable & advanced wiring solutions. Additionally, the expansion of renewable energy projects necessitates specialized cables for efficient power transmission. The increased adoption of smart technologies and automation systems fuels the demand for high-quality wire and cable products across North America.
- Chapter 1 Research Methodology and Scope
- 1.1 Scope and definition
- 1.1.1 Scope
- 1.1.2 Definitions
- 1.2 Research design
- 1.2.1 Data collection techniques
- 1.2.2 Market size estimation
- 1.2.3 Forecasting model
- 1.3 Data sources
- 1.3.1 Secondary
- 1.3.1.1 Paid sources
- 1.3.1.2 Public sources
- 1.3.2.1 Primary
- Chapter 2 Executive Summary
- 2.1 Wires and cables industry 360° synopsis, 2021 - 2032
- 2.2 Business trends
- 2.2.1 Total Addressable Market (TAM)
- 2.3 Regional trends
- 2.4 Voltage trends
- 2.5 Installation trends
- 2.6 End-use trends
- Chapter 3 Wires and Cables Industry Insights
- 3.1 Wires and cables industry ecosystem analysis
- 3.1.1 Raw material suppliers
- 3.1.2 Manufacturers
- 3.1.3 Component supplier
- 3.1.4 Service provider
- 3.1.5 Distributors
- 3.1.6 End users
- 3.1.7 Vendor matrix
- 3.1.8 Profit margin analysis
- 3.2 Technology and innovation landscape
- 3.2.1 Fiber optic technology
- 3.2.2 Fire-resistant and flame-retardant cables
- 3.3 Patent analysis
- 3.4 Key news & initiatives
- 3.5 Regulatory landscape
- 3.5.1 International Standards
- 3.5.1.1 IEC 61508
- 3.5.1.2 ISO 26262-1:2011
- 3.5.2.1 The National Institute of Standards and Technology (NIST)
- 3.5.2.2 Canadian Standards Association (CSA)
- 3.5.1 Europe
- 3.5.1.1 CE
- 3.5.1.2 EU REACH
- 3.5.1.3 The Restriction of Hazardous Substances Directive 2002/95/EC
- 3.5.2 Asia Pacific
- 3.5.2.1 Japan Electronics and Information Technology Industries Association (JEITA)
- 3.5.2.2 KC Certification, South Korea
- 3.5.2.3 CCC certification
- 3.5.3 Latin America
- 3.5.3.1 NOM-001-SEDE (Mexico)
- 3.5.4 MEA
- 3.5.4.1 Toxic Use Reduction Act (TURA)
- 3.6 Industry impact forces
- 3.6.1 Growth drivers
- 3.6.1.1 Implementation of smart grid technology
- 3.6.1.2 Increase in renewable energy generation
- 3.6.1.3 Rapid growth in construction sector
- 3.6.1.4 Demand from data centers and IT facilities
- 3.6.1.5 Automotive Industry's Shift Toward Electric Vehicles (EVs)
- 3.6.2 Pitfalls & challenges
- 3.6.2.1 Fluctuating price of raw materials
- 3.6.2.2 High regulatory compliance related to safety standards
- 3.7 Growth potential analysis, 2023
- 3.8 Porter's analysis
- 3.9 PESTEL analysis
- Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share, 2023
- 4.3 Competitive analysis of the key market players
- 4.3.1 Prysmian S.p.A
- 4.3.2 Southwire Company LLC
- 4.3.3 Nexans
- 4.3.4 Sumitomo Electric Industries, Ltd.
- 4.3.5 Heng Tong Cable Co., Ltd
- 4.3.6 Corning Incorporated
- 4.3.7 Fujikura Ltd
- 4.4 Competitive positioning matrix
- 4.5 Strategic outlook matrix
- 5.1 Wire and cables market share, by voltage, 2023 & 2032
- 5.2 Low voltage
- 5.2.1 Market estimates and forecast, 2021- 2032
- 5.3 Medium-voltage
- 5.3.1 Market estimates and forecast, 2021- 2032
- 5.4 High-voltage
- 5.4.1 Market estimates and forecast, 2018 - 2032
- 5.5 Extra high-voltage
- 5.5.1 Market estimates and forecast, 2018 - 2032
- Chapter 6 Wire and Cables Market, By Installation
- 6.1 Wire and cables market share, by installation, 2023 & 2032
- 6.2 Overhead
- 6.2.1 Market estimates and forecast, 2021- 2032
- 6.3 Underground
- 6.3.1 Market estimates and forecast, 2021- 2032
- 6.4 Submarine
- 6.4.1 Market estimates and forecast, 2021- 2032
- Chapter 7 Wire and Cables Market, By End Use
- 7.1 Wire and cables market share, by end use, 2023 & 2032
- 7.2 Aerospace & defense
- 7.2.1 Market estimates and forecast, 2021- 2032
- 7.3 Building & construction
- 7.3.1 Market estimates and forecast, 2021- 2032
- 7.3.2 Commercial
- 7.3.2.1 Market estimates and forecast, 2021- 2032
- 7.3.3 Residential
- 7.3.3.1 Market estimates and forecast, 2021- 2032
- 7.4 Oil & gas
- 7.4.1 Market estimates and forecast, 2021- 2032
- 7.5 Energy & power
- 7.5.1 Market estimates and forecast, 2018 - 2032
- 7.6 IT & telecommunication
- 7.6.1 Market estimates and forecast, 2018 - 2032
- 7.7 Consumer electronics
- 7.7.1 Market estimates and forecast, 2021- 2032
- 7.8 Manufacturing
- 7.8.1 Market estimates and forecast, 2021- 2032
- 7.9 Others
- 7.9.1 Market estimates and forecast, 2021- 2032
- Chapter 8 Wires and Cables Market, By Region
- 8.1 Wires and cables market share, by region, 2023 to 2032
- 8.1.1 North America
- 8.1.2 Europe
- 8.1.3 Asia Pacific
- 8.1.4 Latin America
- 8.1.5 MEA Chapter 9 Company Profiles
- 9.1 alfanar Group
- 9.1.1 Global Overview
- 9.1.2 Market/Business Overview
- 9.1.3 Financial Data
- 9.1.4 Product Landscape
- 9.1.5 SWOT Analysis
- 9.2 Bahra Electric
- 9.2.1 Global Overview
- 9.2.2 Market/Business Overview
- 9.2.3 Financial Data
- 9.2.4 Product Landscape
- 9.2.5 Strategic Outlook
- 9.2.6 SWOT Analysis
- 9.3 Belden
- 9.3.1 Global Overview
- 9.3.2 Market/Business Overview
- 9.3.3 Financial Data
- 9.3.4 Product Landscape
- 9.3.5 Strategic Outlook
- 9.3.6 SWOT Analysis
- 9.4 BRUGG Cable
- 9.4.1 Global Overview
- 9.4.2 Market/Business Overview
- 9.4.3 Financial Data
- 9.4.4 Product Landscape
- 9.4.5 Strategic Outlook
- 9.4.6 SWOT Analysis
- 9.5 Ducab
- 9.5.1 Global Overview
- 9.5.2 Market/Business Overview
- 9.5.3 Financial Data
- 9.5.4 Product Landscape
- 9.5.5 Strategic Outlook
- 9.5.6 SWOT Analysis
- 9.6 Elsewedy Electric
- 9.6.1 Global Overview
- 9.6.2 Market/Business Overview
- 9.6.3 Financial Data
- 9.6.4 Product Landscape
- 9.6.5 Strategic Outlook
- 9.6.6 SWOT Analysis
- 9.7 Federal Cables
- 9.7.1 Global Overview
- 9.7.2 Market/Business Overview
- 9.7.3 Financial Data
- 9.7.4 Product Landscape
- 9.7.5 SWOT Analysis
- 9.8 Fujikura Ltd
- 9.8.1 Global Overview
- 9.8.2 Market/Business Overview
- 9.8.3 Financial Data
- 9.8.4 Product Landscape
- 9.8.5 Strategic Outlook
- 9.8.6 SWOT Analysis
- 9.9 HELUKABEL GmbH
- 9.9.1 Global Overview
- 9.9.2 Market/Business Overview
- 9.9.3 Financial Data
- 9.9.4 Product Landscape
- 9.9.5 Strategic Outlook
- 9.9.6 SWOT Analysis
- 9.10 Jeddah Cables
- 9.10.1 Global Overview
- 9.10.2 Market/Business Overview
- 9.10.3 Financial Data
- 9.10.4 Product Landscape
- 9.10.5 SWOT Analysis
- 9.11 KEI Industries Limited
- 9.11.1 Global Overview
- 9.11.2 Market/Business Overview
- 9.11.3 Financial Data
- 9.11.4 Product landscape
- 9.11.5 SWOT Analysis
- 9.12 LS Cables & System
- 9.12.1 Global Overview
- 9.12.2 Market/Business Overview
- 9.12.3 Financial Data
- 9.12.4 Product Landscape
- 9.12.5 Strategic Outlook
- 9.12.6 SWOT Analysis
- 9.13 Midal Cables Ltd
- 9.13.1 Global Overview
- 9.13.2 Market/Business Overview
- 9.13.3 Financial Data
- 9.13.4 Product Landscape
- 9.13.5 SWOT Analysis
- 9.14 Naficon
- 9.14.1 Global Overview
- 9.14.2 Market/Business Overview
- 9.14.3 Financial Data
- 9.14.4 Product Landscape
- 9.14.5 SWOT Analysis
- 9.15 Nexans
- 9.15.1 Global Overview
- 9.15.2 Market/Business Overview
- 9.15.3 Financial Data
- 9.15.4 Product Landscape
- 9.15.5 Strategic Outlook
- 9.15.6 SWOT Analysis
- 9.16 NKT A/S
- 9.16.1 Global Overview
- 9.16.2 Market/Business Overview
- 9.16.3 Financial Data
- 9.16.4 Product landscape
- 9.16.5 Strategic Outlook
- 9.16.6 SWOT Analysis
- 9.17 Power Plus Cables Co. L.L.C.
- 9.17.1 Global Overview
- 9.17.2 Market/Business Overview
- 9.17.3 Financial Data
- 9.17.4 Product Landscape
- 9.17.5 SWOT Analysis
- 9.18 Prysmian Group
- 9.18.1 Global Overview
- 9.18.2 Market/Business Overview
- 9.18.3 Financial Data
- 9.18.4 Product Landscape
- 9.18.5 Strategic Outlook
- 9.18.6 SWOT Analysis
- 9.19 Riyadh Cables
- 9.19.1 Global Overview
- 9.19.2 Market/Business Overview
- 9.19.3 Financial Data
- 9.19.4 Product Landscape
- 9.19.5 Strategic Outlook
- 9.19.6 SWOT Analysis
- 9.20 Saudi Cable Company
- 9.20.1 Global Overview
- 9.20.2 Market/Business Overview
- 9.20.3 Financial Data
- 9.20.4 Product Landscape
- 9.20.5 SWOT Analysis
- 9.21 Sumitomo Electric Industries, Ltd.
- 9.21.1 Global Overview
- 9.21.2 Market/Business Overview
- 9.21.3 Financial data
- 9.21.4 Product Landscape
- 9.21.5 Strategic Outlook
- 9.21.6 SWOT Analysis
- 9.22 ZTT
- 9.22.1 Global Overview
- 9.22.2 Market/Business Overview
- 9.22.3 Financial Data
- 9.22.4 Product Landscape
- 9.22.5 Strategic Outlook
- 9.22.6 SWOT Analysis
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