Reports
Sale
Canada Wires and Cables Market Size, Share, Growth, Report: By Voltage: Low Voltage, Medium Voltage, High Voltage; By Product: Power Cables, Building Wires, Flexible Wires and Cables, EHV Cables, Control/Instrumentation Cables, Others; By Material: Copper, Aluminum, Others; By End Use; Regional Analysis; Competitive Landscape; 2024-2032
Canada Wires and Cables Market Outlook
The Canada wires and cables market size reached about USD 4.3 billion in 2023. The market is projected to grow at a CAGR of 5.0% between 2024 and 2032, reaching a value of approximately USD 6.8 billion by 2032.
Key Takeaways
- Canada has the presence of five copper refineries, which are located in Newfoundland and Labrador, Quebec, Ontario and Alberta.
- In 2022, Canada exported copper and copper-based products with a total value of CAD 9.4 billion.
- The market benefits from the increasing engineering construction projects for public infrastructure.
The Canadian cable manufacturing sector ranks 82nd on a global scale and has the presence of 157 businesses operating. Some of the major sectors where wires and cables are used in Canada are construction projects, engineering industries, industrial power plant industries, factories, and residential projects. The construction sector contributes significantly to the country’s economy and is witnessing growth resulted by increasing investments. For instance, the Governments of Canada and Alberta have allocated more than CAD 52.7 million for the completion of infrastructure projects through the Investing in Canada Infrastructure Program. The expansion of the construction sector is increasing the use of wires and cables for electricity transmissions, further supporting the Canada wires and cables market growth.
In 2022, the mines in Canada produced 510,782 tonnes of copper in concentrate, with more than 50% from British Columbia. The transition towards green energy in Canada is significantly increasing the demand for copper, as it is widely used in electricity networks and clean energy technologies, such as electric vehicles. In 2022, Canada's total copper and copper-based products domestic exports were recorded at CAD 9.4 billion.
British Columbia has Canada’s largest copper mine, Highland Valley, near Logan Lake. In 2022, the mine produced 119,000 tonnes of copper. Furthermore, the increasing construction activities in provinces such as British Columbia are contributing to the growth of the Canada wires and cables market. Currently, British Columbia has CAD 160 billion construction projects underway, registering an increase of CAD 3 billion since Fall 2023, and also a 5-year trend growth of 39%.
Market Segmentation
Canada Wires and Cables Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments
Market Breakup by Voltage
- Low Voltage
- Medium Voltage
- High Voltage
Market Breakup by Product
- Power Cables
- Building Wires
- Flexible Wires and Cables
- EHV Cables
- Control/Instrumentation Cables
- Others
Market Breakup by Material
- Copper
- Aluminium
- Others
Market Breakup by End Use
- Construction
- Residential
- Commercial
- Telecommunications
- Energy and Power
- Automotive
- Aerospace and Defence
- Others
Market Breakup by Region
- British Columbia
- Alberta
- The Prairies
- Central Canada
- Atlantic Canada
Competitive Landscape
Market players are increasingly providing wires and cables that perform reliably in harsh conditions and under extreme temperatures, and that can be engineered and installed to meet the customer requirements.
- Southwire Company, LLC
- 3M Co.
- Eaton Corp. Plc
- Deca Cables Inc.
- Belden Inc.
- Nexans S.A.
- Electro Cables Inc.
- HELUKABEL Canada, Inc.
- Northern Cables Inc.
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Voltage |
|
| Breakup by Product |
|
| Breakup by Material |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Wires and Cables Market Overview
8.1 Key Industry Highlights
8.2 North America Wires and Cables Historical Market (2018-2023)
8.3 North America Wires and Cables Market Forecast (2024-2032)
8.4 North America Wires and Cables Market Breakup by Country
8.4.1 United States
8.4.2 Canada
9 Canada Wires and Cables Market Overview
9.1 Key Industry Highlights
9.2 Canada Wires and Cables Historical Market (2018-2023)
9.3 Canada Wires and Cables Market Forecast (2024-2032)
10 Canada Wires and Cables Market by Voltage
10.1 Low Voltage
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Medium Voltage
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 High Voltage
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 Canada Wires and Cables Market by Product
11.1 Power Cables
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Building Wires
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Flexible Wires and Cables
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 EHV Cables
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Control/Instrumentation Cables
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Canada Wires and Cables Market by Material
12.1 Copper
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Aluminum
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Others
13 Canada Wires and Cables Market by End Use
13.1 Construction
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.1.3 Breakup by Type
13.1.3.1 Residential
13.1.3.2 Commercial
13.2 Telecommunications
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Energy and Power
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Automotive
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Aerospace and Defence
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Others
14 Canada Wires and Cables Market by Region
14.1 British Columbia
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Alberta
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 The Prairies
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Central Canada
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 Atlantic Canada
14.5.1 Historical Trend (2018-2023)
14.5.2 Forecast Trend (2024-2032)
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Value Chain Analysis
17 Trade Data Analysis (HS Code – 854411, 854419, 854420)
17.1 Major Exporting Countries
17.1.1 By Value
17.1.2 By Volume
17.2 Major Importing Countries
17.2.1 By Value
17.2.2 By Volume
18 Price Analysis
19 Competitive Landscape
19.1 Market Structure
19.2 Company Profiles
19.2.1 Southwire Company, LLC
19.2.1.1 Company Overview
19.2.1.2 Product Portfolio
19.2.1.3 Demographic Reach and Achievements
19.2.1.4 Certifications
19.2.2 3M Co.
19.2.2.1 Company Overview
19.2.2.2 Product Portfolio
19.2.2.3 Demographic Reach and Achievements
19.2.2.4 Certifications
19.2.3 Eaton Corp. Plc
19.2.3.1 Company Overview
19.2.3.2 Product Portfolio
19.2.3.3 Demographic Reach and Achievements
19.2.3.4 Certifications
19.2.4 Deca Cables Inc.
19.2.4.1 Company Overview
19.2.4.2 Product Portfolio
19.2.4.3 Demographic Reach and Achievements
19.2.4.4 Certifications
19.2.5 Belden Inc.
19.2.5.1 Company Overview
19.2.5.2 Product Portfolio
19.2.5.3 Demographic Reach and Achievements
19.2.5.4 Certifications
19.2.6 Nexans S.A.
19.2.6.1 Company Overview
19.2.6.2 Product Portfolio
19.2.6.3 Demographic Reach and Achievements
19.2.6.4 Certifications
19.2.7 Electro Cables Inc.
19.2.7.1 Company Overview
19.2.7.2 Product Portfolio
19.2.7.3 Demographic Reach and Achievements
19.2.7.4 Certifications
19.2.8 HELUKABEL Canada, Inc.
19.2.8.1 Company Overview
19.2.8.2 Product Portfolio
19.2.8.3 Demographic Reach and Achievements
19.2.8.4 Certifications
19.2.9 Northern Cables Inc.
19.2.9.1 Company Overview
19.2.9.2 Product Portfolio
19.2.9.3 Demographic Reach and Achievements
19.2.9.4 Certifications
19.2.10 Others
20 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Wires and Cables Market: Key Industry Highlights, 2018 and 2032
2. Canada Wires and Cables Market: Key Industry Highlights, 2018 and 2032
3. Canada Wires and Cables Historical Market: Breakup by Voltage (USD Billion), 2018-2023
4. Canada Wires and Cables Market Forecast: Breakup by Voltage (USD Billion), 2024-2032
5. Canada Wires and Cables Historical Market: Breakup by Product (USD Billion), 2018-2023
6. Canada Wires and Cables Market Forecast: Breakup by Product (USD Billion), 2024-2032
7. Canada Wires and Cables Historical Market: Breakup by Material (USD Billion), 2018-2023
8. Canada Wires and Cables Market Forecast: Breakup by Material (USD Billion), 2024-2032
9. Canada Wires and Cables Historical Market: Breakup by End Use (USD Billion), 2018-2023
10. Canada Wires and Cables Market Forecast: Breakup by End Use (USD Billion), 2024-2032
11. Canada Wires and Cables Historical Market: Breakup by Region (USD Billion), 2018-2023
12. Canada Wires and Cables Market Forecast: Breakup by Region (USD Billion), 2024-2032
13. Major Exporting Countries by Value
14. Major Importing Countries by Value
15. Major Exporting Countries by Volume
16. Major Importing Countries by Volume
17. Canada Wires and Cables Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 4.3 billion.
The market is estimated to grow at a CAGR of 5.0% between 2024 and 2032.
The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 6.8 billion by 2032.
Low voltage, medium voltage, and high voltage are the different operating voltages for wires and cables.
The key materials are copper, aluminium, and others.
The products include power cables, building wires, flexible wires and cables, EHV cables, control/instrumentation cables, and others.
The major regions are British Columbia, Alberta, The Prairies, Central Canada, and Atlantic Canada
The major players in the market are Southwire Company, LLC, 3M Co, Eaton Corp. Plc, Deca Cables Inc, Belden Inc, Nexans S.A, Electro Cables Inc, HELUKABEL Canada, Inc, and Northern Cables Inc, among others.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER