Wire and Cable Market
Wire and Cable Market Study by Low and Medium & High Voltage and Optical Fiber Cables for Energy & Utilities, Construction, IT & Telecom, Oil & Gas, and Aerospace & Defense from 2024 to 2034
Analysis of Wire and Cable Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Wire and Cable Market Outlook (2024 to 2034)
The global wire and cable market is expected to be valued at US$ 193.7 billion in 2024 and is forecast to expand at a CAGR of 5.2% to end up at US$ 321.5 billion by the end of 2034.
A wire is a single conductor of electricity but a cable is many wires bundled together in an assembly. Various types of cables, such as coaxial, transmission, and distribution cables, are extensively used across industrial sectors to transmit high-speed communication signals and electricity. Demand for flexible and fire-resistant wires and cables that offer environmental protection and extended durability is spurring wire and cable market growth.
The wire and cable market size is expanding at a steady pace as new voltage levels are introduced to enhance performance and efficiency. These advancements are allowing the cable industry to produce more efficient, reliable, and cost-effective products. Electrical cables and wires are often used interchangeably. Wire and cable constitute the backbone of the highly acclaimed electrical and electronics industries.
Key Market Growth Drivers
- Increased funding for smart grid initiatives and upgrades to power transmission networks are anticipated to drive the product demand. The push towards smart grids has intensified the need for grid interconnections. Investments in underground cables and advancements in renewable energy technologies have further bolstered the demand for wires and cables.
- Rising investments in electricity transmission and distribution, coupled with escalating needs from data centers and the telecommunications sector, are poised to propel growth in the wire and cable market throughout the forecast period.
- The trend of modernizing and replacing existing electrical infrastructure has created a favorable environment for wire and cable sales, thereby shaping the market's trajectory.
- Governments worldwide have set ambitious targets for adopting green energy technologies to reduce dependence on fossil fuels. This commitment is likely to benefit the market, with increased installations of wind turbines and solar farms contributing to heightened demand for wires and cables.
- Renewable energy plays a pivotal role in achieving a sustainable energy future. Its application in electricity generation, building heating, industrial processes, and transportation is crucial for keeping global temperatures within safe limits.
- The European Union, in response to energy challenges, is accelerating the deployment of photovoltaic and wind power systems, with a notable capacity increase of over 50 GW in 2022-a nearly 45% rise from 2021. This global shift towards renewable energy sources is fueling substantial growth in the infrastructure for renewable energy, driving wire and cable market growth.
| Report Attribute | Details |
|---|---|
| Wire and Cable Market Size (2024E) | US$ 193.7 Billion |
| Projected Market Value (2034F) | US$ 321.5 Billion |
| Global Market Growth Rate (2024 to 2034) | 5.2% CAGR |
| East Asia Market Growth Rate (2024 to 2034) | 6.6% CAGR |
| North America Market Growth Rate (2034F) | 4.3% CAGR |
| Revenue from Energy & Utilities Segment (2024E) | US$ 63.9 Billion |
| Low Voltage Segment Value (2024E) | US$ 81.3 Billion |
| Key Companies Profiled | Prysmian Group; Furukawa Electric Co., Ltd.; Southwire Company, LLC; General Cable Corporation; Hengtong Optic-Electric Co Ltd.; TPC Wire & Cable Corp; LS Cable & System Ltd.; Sumitomo Electric Industries, Ltd.; Polycab Wires Private Limited. |
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Which Factors are Influencing Increasing Use of Wires and Cables?
“Floating PV Deployment and Focus on Installations of Electrical Systems in Construction Sector”
In recent years, there has been a shift toward deploying solar PV on water rather than on land, a concept known as floating PV. This system connects through power cables and subsea cables mounted on a floating platform with an anchoring mechanism in water bodies. The global increase in renewable energy adoption is contributing to the demand for wires and cables to develop the necessary infrastructure.
Construction sites have distinct electrical needs that are not always met by every electrical company due to specific standards and legal requirements. The building cabling sector, encompassing wires and cables for residential and commercial structures, is expanding in response to shifts in the housing market. These developments are expected to fuel growth in the electrical products market.
Manufacturers are expanding facilities and enhancing supply chains to capitalize on this expanding sector. The industry is witnessing advancements, with firms making substantial investments in research & development to stay competitive in the global market, transitioning from manufacturing technology-focused products to implementing Industry 4.0 solutions.
What Challenges are Wire and Cable Manufacturers Facing?
“High Cost of Essential Raw Materials and Vulnerability to Geopolitical Tensions”
Fluctuations in the prices of raw materials, notably copper, zinc, and aluminum, are exerting considerable pressure on profit margins. Wire and cable manufacturers heavily rely on imports from Russia, China, the United Arab Emirates, and Japan, making the market vulnerable to fluctuations in exchange rates. Regulatory hurdles and shortages in skilled labor are hindering project timelines, presenting significant obstacles to industry expansion.
Local and regional regulations play a pivotal role in shaping manufacturing practices, affecting material usage, waste management, and worker safety. Escalating costs of essential raw materials like copper and nickel are driving up prices for wire and cable assemblies crucial for various energy-related applications. These cost increases are anticipated to profoundly impact the sector.
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Country-wise Insights
North America is poised to hold a substantial wire and cable market share of 38% in 2024. The market in India is influenced by regulatory efforts to supply dependable and continuous power to large consumer bases, as well as government measures to electrify rural areas.
Why are Sales of Wires and Cables Showing an Upward Trend in the United States?
“Increasing Investments in Grid Infrastructure”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 53 Billion |
| Growth Rate (2024 to 2034) | 4% CAGR |
| Projected Value (2034F) | US$ 78.8 Billion |
Rising investments in grid infrastructure expansion are a key wire and cable market trend in the United States. The country is set to account for a 72% share of the North American market in 2024. Increasing initiatives to develop high-capacity transmission lines are projected to have a significant influence on the market during the forecast period. In the United States, several sub-national government organizations are gaining a strong foothold in renewable energy and efficiency innovations.
Which Government Initiatives are Fostering Market Growth in Japan?
“Supportive Policies Incentivizing Infrastructure Development and Technological Adoption”
| Attribute | Japan |
|---|---|
| Market Value (2024E) | US$ 12.3 Billion |
| Growth Rate (2024 to 2034) | 6.7% CAGR |
| Projected Value (2034F) | US$ 23.6 Billion |
Japan is set to account for 28.9% of the market share in East Asia in 2024. The market in Japan is growing at a steady pace due to rising demand in sectors such as construction, automotive, and telecommunications. Japan has a thriving manufacturing sector, and technological advancements frequently lead to innovations in wire and cable products. Government regulations, technological advancements, and shifts in consumer preferences are all driving market expansion in the country.
Category-wise Insights
By type, the market is categorized into low voltage (LV), medium and high voltage (MV & HV), and optical fiber cables, of which the LV segment is expected to hold a key share of 42% in 2024. Based on end user, the market is segmented into aerospace & defense, construction, IT & telecommunication, power transmission & distribution, oil & gas, consumer electronics, manufacturing, automotive, and energy & utilities. The energy & utilities segment is expected to hold a 33% share of the market in 2024.
Why is Demand for Low-Voltage Wires and Cables Gaining Traction in the Market?
“Transformation of Energy and Power Industries Worldwide”
| Attribute | Low Voltage (LV) |
|---|---|
| Segment Value (2024E) | US$ 81.3 Billion |
| Growth Rate (2024 to 2034) | 4.3% CAGR |
| Projected Value (2034F) | US$ 123.8 Billion |
Sales of low-voltage wires and cables are projected to grow at a steady rate over the forecast period due to their widespread use in automation, lighting, sound and security, construction wires, appliance wires, distribution networks, LAN cables, and other applications.
Low voltage wires and cables play a crucial role in establishing smart grids, ensuring efficient electricity supply and enhanced connectivity for end-users. Globally, the energy and power sectors are swiftly evolving. Both developed and developing countries are facing soaring electricity demands and seek to integrate extensive renewable energy sources.
Which End User Accounts for Substantial Revenue Streams?
“Energy & Utilities Hold Substantial Share Due to High Investments in Grid Expansion”
| Attribute | Energy & Utilities |
|---|---|
| Segment Value (2024E) | US$ 63.9 Billion |
| Growth Rate (2024 to 2034) | 4.9% CAGR |
| Projected Value (2034F) | US$ 102.9 Billion |
The energy and utilities segment is projected to secure a significant market share, driven by increased investment in grid expansion projects over the next decade. Within the electricity transmission and distribution (T&D) ecosystem, substantial technological advancements include upgrading outdated transmission lines to high or extra high voltage to mitigate transmission losses. These adaptations aim to stabilize the grid amid the intermittent nature of renewable energy sources.
Utilities are enhancing smart grid stability by leveraging fiber-optic networks to improve communication between smart devices and power providers. Consequently, some utilities are exploring the potential of fiber optics. As renewable energy capacity and generation rise, there is a growing demand for countries to interconnect their transmission systems. This interconnectedness facilitates the balancing of electricity generation and consumption through cross-border electricity trading.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competitive Landscape
Key players in the wire and cable industry are reshaping the competitive landscape with a diverse product portfolio. The number of local competitors entering the wire and cable market is rising as a result of government incentives for expanding transmission and distribution projects.
- Polycab India is the market leader in the cables and wires sector in the country, accounting for approximately 26% of the organized market and 18% of the total market. The company's priorities include increasing exports, expanding capacity, in-house manufacturing, and developing distribution channels.
- In 2021, The Prysmian Group started its new ECO CABLE label. It is the industry's first exclusive green product label, designed to assist utilities and distributors in improving their green supply chain and value proposition.
Fact.MR provides detailed information about the price points of key providers of wires and cables positioned across the world, sales growth, production capacity, and speculative technological expansion, in this updated market report.
Segmentation of Wire and Cable Market Research
-
By Type :
- Low Voltage
- Medium and High Voltage
- Optical Fiber Cables
-
By Material :
- Copper
- Aluminum
- Glass
-
By End User :
- Energy & Utilities
- Construction
- IT & Telecommunications
- Oil & Gas
- Aerospace & Defense
-
By Region :
- North America
- Latin America
- Middle East & Africa
- Western Europe
- Eastern Europe
- East Asia
- South Asia & Pacific
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
- 6.1. Type
- 6.2. Material
- 6.3. End User
- 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Type
- 7.1. Low Voltage
- 7.2. Medium and High Voltage
- 7.3. Optical Fiber Cables
- 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Material
- 8.1. Copper
- 8.2. Aluminum
- 8.3. Glass
- 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End User
- 9.1. Energy & Utilities
- 9.2. Construction
- 9.3. IT & Telecommunications
- 9.4. Oil & Gas
- 9.5. Aerospace & Defense
- 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Western Europe
- 10.4. Eastern Europe
- 10.5. East Asia
- 10.6. South Asia & Pacific
- 10.7. Middle East & Africa
- 11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 13. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 14. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 15. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 16. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 17. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 18. Sales Forecast 2024 to 2034 by Type, Material, End User, and Region for 30 Countries
- 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 20. Company Profile
- 20.1. Prysmian Group
- 20.2. Furukawa Electric Co., Ltd.
- 20.3. Southwire Company, LLC
- 20.4. General Cable Corporation
- 20.5. Hengtong Optic-Electric Co Ltd.
- 20.6. TPC Wire & Cable Corp
- 20.7. LS Cable & System Ltd.
- 20.8. Sumitomo Electric Industries, Ltd.
- 20.9. Polycab Wires Private Limited
- 21. Assumptions and Acronyms Used
- 22. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Material, 2019 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Material, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Material, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by End User, 2019 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by End User, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by End User, 2024 to 2034
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 19: North America Market Value (US$ Mn) Analysis, by Material, 2019 to 2023
Table 20: North America Market Value (US$ Mn) Analysis, by Material, 2024 to 2034
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Material, 2024 to 2034
Table 22: North America Market Value (US$ Mn) Analysis, by End User, 2019 to 2023
Table 23: North America Market Value (US$ Mn) Analysis, by End User, 2024 to 2034
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by End User, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 28: Latin America Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 29: Latin America Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 31: Latin America Market Value (US$ Mn) Analysis, by Material, 2019 to 2023
Table 32: Latin America Market Value (US$ Mn) Analysis, by Material, 2024 to 2034
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Material, 2024 to 2034
Table 34: Latin America Market Value (US$ Mn) Analysis, by End User, 2019 to 2023
Table 35: Latin America Market Value (US$ Mn) Analysis, by End User, 2024 to 2034
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by End User, 2024 to 2034
Table 37: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 38: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Western Europe Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 41: Western Europe Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 42: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 43: Western Europe Market Value (US$ Mn) Analysis, by Material, 2019 to 2023
Table 44: Western Europe Market Value (US$ Mn) Analysis, by Material, 2024 to 2034
Table 45: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Material, 2024 to 2034
Table 46: Western Europe Market Value (US$ Mn) Analysis, by End User, 2019 to 2023
Table 47: Western Europe Market Value (US$ Mn) Analysis, by End User, 2024 to 2034
Table 48: Western Europe Market Value (US$ Mn) Opportunity Analysis, by End User, 2024 to 2034
Table 49: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 50: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 51: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 52: Eastern Europe Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 53: Eastern Europe Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 54: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 55: Eastern Europe Market Value (US$ Mn) Analysis, by Material, 2019 to 2023
Table 56: Eastern Europe Market Value (US$ Mn) Analysis, by Material, 2024 to 2034
Table 57: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Material, 2024 to 2034
Table 58: Eastern Europe Market Value (US$ Mn) Analysis, by End User, 2019 to 2023
Table 59: Eastern Europe Market Value (US$ Mn) Analysis, by End User, 2024 to 2034
Table 60: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by End User, 2024 to 2034
Table 61: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 62: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 63: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 64: East Asia Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 65: East Asia Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 66: East Asia Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 67: East Asia Market Value (US$ Mn) Analysis, by Material, 2019 to 2023
Table 68: East Asia Market Value (US$ Mn) Analysis, by Material, 2024 to 2034
Table 69: East Asia Market Value (US$ Mn) Opportunity Analysis, by Material, 2024 to 2034
Table 70: East Asia Market Value (US$ Mn) Analysis, by End User, 2019 to 2023
Table 71: East Asia Market Value (US$ Mn) Analysis, by End User, 2024 to 2034
Table 72: East Asia Market Value (US$ Mn) Opportunity Analysis, by End User, 2024 to 2034
Table 73: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 74: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 75: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 76: South Asia & Pacific Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 77: South Asia & Pacific Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 78: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 79: South Asia & Pacific Market Value (US$ Mn) Analysis, by Material, 2019 to 2023
Table 80: South Asia & Pacific Market Value (US$ Mn) Analysis, by Material, 2024 to 2034
Table 81: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Material, 2024 to 2034
Table 82: South Asia & Pacific Market Value (US$ Mn) Analysis, by End User, 2019 to 2023
Table 83: South Asia & Pacific Market Value (US$ Mn) Analysis, by End User, 2024 to 2034
Table 84: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by End User, 2024 to 2034
Table 85: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 86: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 87: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 88: MEA Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 89: MEA Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 90: MEA Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 91: MEA Market Value (US$ Mn) Analysis, by Material, 2019 to 2023
Table 92: MEA Market Value (US$ Mn) Analysis, by Material, 2024 to 2034
Table 93: MEA Market Value (US$ Mn) Opportunity Analysis, by Material, 2024 to 2034
Table 94: MEA Market Value (US$ Mn) Analysis, by End User, 2019 to 2023
Table 95: MEA Market Value (US$ Mn) Analysis, by End User, 2024 to 2034
Table 96: MEA Market Value (US$ Mn) Opportunity Analysis, by End User, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Type, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Type, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Material, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Material, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Material, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by End User, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by End User, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by End User, 2024 to 2034
Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 21: North America Market Share Analysis by Country, 2024 & 2034
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 24: North America Market Share and BPS Analysis by Type, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Type, 2024 to 2034
Figure 27: North America Market Share and BPS Analysis by Material, 2024 & 2034
Figure 28: North America Market Y-o-Y Growth Projections by Material, 2024 to 2034
Figure 29: North America Market Attractiveness Analysis by Material, 2024 to 2034
Figure 30: North America Market Share and BPS Analysis by End User, 2024 & 2034
Figure 31: North America Market Y-o-Y Growth Projections by End User, 2024 to 2034
Figure 32: North America Market Attractiveness Analysis by End User, 2024 to 2034
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 40: Latin America Market Share and BPS Analysis by Type, 2024 & 2034
Figure 41: Latin America Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 42: Latin America Market Attractiveness Analysis by Type, 2024 to 2034
Figure 43: Latin America Market Share and BPS Analysis by Material, 2024 & 2034
Figure 44: Latin America Market Y-o-Y Growth Projections by Material, 2024 to 2034
Figure 45: Latin America Market Attractiveness Analysis by Material, 2024 to 2034
Figure 46: Latin America Market Share and BPS Analysis by End User, 2024 & 2034
Figure 47: Latin America Market Y-o-Y Growth Projections by End User, 2024 to 2034
Figure 48: Latin America Market Attractiveness Analysis by End User, 2024 to 2034
Figure 49: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 50: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 51: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 52: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 53: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 54: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 55: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 56: Western Europe Market Share and BPS Analysis by Type, 2024 & 2034
Figure 57: Western Europe Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 58: Western Europe Market Attractiveness Analysis by Type, 2024 to 2034
Figure 59: Western Europe Market Share and BPS Analysis by Material, 2024 & 2034
Figure 60: Western Europe Market Y-o-Y Growth Projections by Material, 2024 to 2034
Figure 61: Western Europe Market Attractiveness Analysis by Material, 2024 to 2034
Figure 62: Western Europe Market Share and BPS Analysis by End User, 2024 & 2034
Figure 63: Western Europe Market Y-o-Y Growth Projections by End User, 2024 to 2034
Figure 64: Western Europe Market Attractiveness Analysis by End User, 2024 to 2034
Figure 66: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 67: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 68: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 69: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 70: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 71: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 72: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: Eastern Europe Market Share and BPS Analysis by Type, 2024 & 2034
Figure 74: Eastern Europe Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 75: Eastern Europe Market Attractiveness Analysis by Type, 2024 to 2034
Figure 76: Eastern Europe Market Share and BPS Analysis by Material, 2024 & 2034
Figure 77: Eastern Europe Market Y-o-Y Growth Projections by Material, 2024 to 2034
Figure 78: Eastern Europe Market Attractiveness Analysis by Material, 2024 to 2034
Figure 79: Eastern Europe Market Share and BPS Analysis by End User, 2024 & 2034
Figure 80: Eastern Europe Market Y-o-Y Growth Projections by End User, 2024 to 2034
Figure 81: Eastern Europe Market Attractiveness Analysis by End User, 2024 to 2034
Figure 82: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 83: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 84: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 85: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 86: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 87: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 88: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 89: East Asia Market Share and BPS Analysis by Type, 2024 & 2034
Figure 90: East Asia Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 91: East Asia Market Attractiveness Analysis by Type, 2024 to 2034
Figure 92: East Asia Market Share and BPS Analysis by Material, 2024 & 2034
Figure 93: East Asia Market Y-o-Y Growth Projections by Material, 2024 to 2034
Figure 94: East Asia Market Attractiveness Analysis by Material, 2024 to 2034
Figure 95: East Asia Market Share and BPS Analysis by End User, 2024 & 2034
Figure 96: East Asia Market Y-o-Y Growth Projections by End User, 2024 to 2034
Figure 97: East Asia Market Attractiveness Analysis by End User, 2024 to 2034
Figure 98: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 99: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 100: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 101: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 102: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 103: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 104: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 105: South Asia & Pacific Market Share and BPS Analysis by Type, 2024 & 2034
Figure 106: South Asia & Pacific Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 107: South Asia & Pacific Market Attractiveness Analysis by Type, 2024 to 2034
Figure 108: South Asia & Pacific Market Share and BPS Analysis by Material, 2024 & 2034
Figure 109: South Asia & Pacific Market Y-o-Y Growth Projections by Material, 2024 to 2034
Figure 110: South Asia & Pacific Market Attractiveness Analysis by Material, 2024 to 2034
Figure 111: South Asia & Pacific Market Share and BPS Analysis by End User, 2024 & 2034
Figure 112: South Asia & Pacific Market Y-o-Y Growth Projections by End User, 2024 to 2034
Figure 113: South Asia & Pacific Market Attractiveness Analysis by End User, 2024 to 2034
Figure 114: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 115: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 116: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 117: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 118: MEA Market Share Analysis by Country, 2024 & 2034
Figure 119: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 120: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 121: MEA Market Share and BPS Analysis by Type, 2024 & 2034
Figure 122: MEA Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 123: MEA Market Attractiveness Analysis by Type, 2024 to 2034
Figure 124: MEA Market Share and BPS Analysis by Material, 2024 & 2034
Figure 125: MEA Market Y-o-Y Growth Projections by Material, 2024 to 2034
Figure 126: MEA Market Attractiveness Analysis by Material, 2024 to 2034
Figure 127: MEA Market Share and BPS Analysis by End User, 2024 & 2034
Figure 128: MEA Market Y-o-Y Growth Projections by End User, 2024 to 2034
Figure 129: MEA Market Attractiveness Analysis by End User, 2024 to 2034
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the market for wires and cables in 2024?
Worldwide sales of wires and sales are estimated at US$ 193.7 billion in 2024.
What are the sales projections for wires and cables over the decade?
The global wire and cable market is forecasted to expand at a CAGR of 5.2% to reach US$ 321.5 billion by 2034.
Which country has a significant market for wires and cables?
The United States is estimated at a market value of US$ 53 billion in 2024.
What is the market size of wires and cables in China?
The market in China is forecasted to reach US$ 20.8 billion in 2024.
How much are the sales of wires and cables for IT & telecommunications?
The IT & telecommunications segment are expected to reach a value of US$ 36.8 billion in 2024.
What is the projected share of Japan in the East Asia market?
Japan is predicted to account for 29.4% market share in East Asia by 2034.
Who are the leaders in the business of wires and cables?
Prysmian Group, Furukawa Electric Co. Ltd., Southwire Company, LLC, and General Cable Corporation are some of the leading market players.
Wire and Cable Market