Report Highlights
The global market for wire and cable is expected to grow from $254.0 billion in 2024 and is projected to reach $387.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 8.8% during the forecast period of 2024 to 2029.
Report Includes
- 143 data tables and 57 additional tables
- An analysis of the global markets for wire and cable materials and technologies
- Analyses of global market trends, with market revenue data from 2023, estimates for 2024, forecasts for 2028, and projected CAGRs through 2029
- Estimate of the current market size and revenue prospects, along with market share analysis by voltage, installation, material, end-use application, and region
- Facts and figures based on market dynamics, emerging trends, technological advances, industry regulations, and the influence of macroeconomic factors
- Porter’s Five Forces, global supply chain, and SWOT analyses
- Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, the ESG practices of leading companies and their ESG scores
- A look at key granted patents and published patents
- Analysis of the industry competitive intelligence, including company shares, strategic alliances, M&A activity and venture fundings outlook
- Company profiles of market leaders, including Sumitomo Electric Industries Ltd., Prysmian, Amphenol Corp., Nexans, and Southwire Co. LLC
Report Scope
The report discusses voltage types, material types, installation types of wire and cable, and end-use industries for wire and cables. Estimated values are based on manufacturers’ total revenues. Projected revenue values are in constant U.S. dollars, unadjusted for inflation. In this report, the global wire and cable market is segmented by:
- Voltage type (low, medium, high and extra-high).
- Installation types (overhead and underground).
- Material type (insulation material and conductor material).
- End-use (power transmission, infrastructure, telecommunications, transportation, consumer electronics, oil & gas, and others).
- Region (North America, Europe, Asia-Pacific, South America, and Middle East and Africa).
Report Synopsis
| Report Metrics | Details | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2023 | ||||||||||||||||
| Forecast period considered | 2024-2029 | ||||||||||||||||
| Base year market size | $234.1 billion | ||||||||||||||||
| Market size forecast | $387.3 billion | ||||||||||||||||
| Growth rate | CAGR of 8.8% for the forecast period of 2024-2029 | ||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||
| Segments covered | Installation Type, Voltage Type, Material Type, End-Use, and Region | ||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, South America, Middle East and Africa | ||||||||||||||||
| Countries covered | China, India, Japan, U.S., Canada, Mexico, Germany, France, U.K., Brazil, Argentina, Saudi Arabia, South Africa, and UAE | ||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
- Transition of automobiles and transport towards electric vehicles
- Renewable energy expansion
- Urbanization and infrastructure development
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
The global market for wires and cables is estimated to grow from $335.0 billion in 2021 to reach $426.8 billion by 2026, at a compound annual growth rate (CAGR) of 5.0% during the forecast period of 2021-2026.
Report Highlights
The global cable market was valued at $172 billion in 2012 and $188.3 billion in 2013. This market is expected to reach $205 billion in 2014 and $297.4 billion in 2019, a compound annual growth rate (CAGR) of 7.7% from 2014 to 2019.
Report Highlights
The global cable market is valued at an estimated $127 billion in 2010. This market is expected to increase at a 9.4% compound annual growth rate (CAGR) to reach nearly $200 billion in 2015.
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