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The global insulated wire and cable market rise crossed a value of nearly USD 200.34 billion in 2023. The market is estimated to grow in the forecast period of 2024-2032 at a CAGR of 5.5% to reach about USD 324.39 billion by 2032.
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The Asia Pacific region is likely to augment the global insulated wire and cable market share during the forecast period. This is on account of the increasing demand for light, power, and communication in countries such as Japan, China, and India. There is rapid industrialisation, infrastructural developments such as residential, commercial, and industrial buildings, tunnels, tunnel-lighting railways, and signalling along with the application of smart grid technology. All these factors are anticipated to fuel the market growth of insulated wire and cable across the Asia Pacific region.
Based on end-use, the telecommunication segment accounts for significant market growth across the globe on account of the development of network establishment and data centres. Telecommunication cables are generally made from PE owing to its good insulation characteristics which is further influencing the demand for the segment.
An insulated wire or cable is commonly utilised in equipment like fire alarms, heating devices, automobiles, and others that need safety at a high operating temperature. The effectiveness as well as safety of the wire depends on its insulation. An insulated cable of this category is generally moulded by a conductor, which is coated with heat resilient organic resin like fluororesin.
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The insulated wire and cable market, by material, is divided into:
The market can be broadly categorised on the basis of installation segments into:
Based on voltage, the market is segmented into:
By end-use, the market is segmented into:
The EMR report looks into the regional markets of insulated wire and cable like Latin America, North America, Europe, Asia Pacific, the Middle East, and Africa.
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A growing population along with the surging demand for electricity, and emerging economies are driving the growth of the global insulated wire and cable market. With growing urbanisation and escalating investments in infrastructure and construction projects, there is development in financing and impact of technology. The need for resilience and sustainability, is likely to boost the market growth of insulated wire and cable across the globe over the forecast period.
Technological advancements along with the growing trend for intensified networking and miniaturisation are likely to influence the market across the globe as digitalisation shifts the connection technology environment. Moreover, the trend for system solutions and the production is becoming more modular and flexible which is further boosting the market growth of insulated wire and cable globally.
The report presents a detailed analysis of the following key players in the global insulated wire and cable market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
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:
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Breakup by Material |
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Breakup by Installation |
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Breakup by Voltage |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Trade Data Analysis |
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Price Analysis |
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Competitive Landscape |
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Companies Covered |
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*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 Application
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
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Insulated Wire and Cable Market Analysis
8.1 Key Industry Highlights
8.2 Global Insulated Wire and Cable Historical Market (2018-2023)
8.3 Global Insulated Wire and Cable Market Forecast (2024-2032)
8.4 Global Insulated Wire and Cable Market by Material
8.4.1 Metal
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Optic Fibre
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Plastic
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Insulated Wire and Cable Market by Installation
8.5.1 Submarine
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Underground
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Overhead
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Global Insulated Wire and Cable Market by Voltage
8.6.1 Low Voltage
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 High Voltage
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Medium Voltage
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.7 Global Insulated Wire and Cable Market by End Use
8.7.1 Energy and Power
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Electronics
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Telecommunication
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Automotive
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Construction
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
8.7.6 Others
8.8 Global Insulated Wire and Cable Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Insulated Wire and Cable Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Insulated Wire and Cable Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Insulated Wire and Cable Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Insulated Wire and Cable Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Insulated Wire and Cable Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis (HS Code - 8544)
16.1 Major Importing Countries
16.1.1 By Volume
16.1.2 By Value
16.2 Major Exporting Countries
16.2.1 By Volume
16.2.2 By Value
17 Price Analysis
17.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 ABL Electronic Supplies, Inc.
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 Belden Inc.
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Carlisle Companies Incorporated
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 CommScope, Inc.
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Finolex Cables Ltd.
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 Others
19 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Insulated Wire and Cable Market: Key Industry Highlights, 2018 and 2032
2. Global Insulated Wire and Cable Historical Market: Breakup by Material (USD Million), 2018-2023
3. Global Insulated Wire and Cable Market Forecast: Breakup by Material (USD Million), 2024-2032
4. Global Insulated Wire and Cable Historical Market: Breakup by Installation (USD Million), 2018-2023
5. Global Insulated Wire and Cable Market Forecast: Breakup by Installation (USD Million), 2024-2032
6. Global Insulated Wire and Cable Historical Market: Breakup by Voltage (USD Million), 2018-2023
7. Global Insulated Wire and Cable Market Forecast: Breakup by Voltage (USD Million), 2024-2032
8. Global Insulated Wire and Cable Historical Market: Breakup by End Use (USD Million), 2018-2023
9. Global Insulated Wire and Cable Market Forecast: Breakup by End Use (USD Million), 2024-2032
10. Global Insulated Wire and Cable Historical Market: Breakup by Region (USD Million), 2018-2023
11. Global Insulated Wire and Cable Market Forecast: Breakup by Region (USD Million), 2024-2032
12. North America Insulated Wire and Cable Historical Market: Breakup by Country (USD Million), 2018-2023
13. North America Insulated Wire and Cable Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Europe Insulated Wire and Cable Historical Market: Breakup by Country (USD Million), 2018-2023
15. Europe Insulated Wire and Cable Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Asia Pacific Insulated Wire and Cable Historical Market: Breakup by Country (USD Million), 2018-2023
17. Asia Pacific Insulated Wire and Cable Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Latin America Insulated Wire and Cable Historical Market: Breakup by Country (USD Million), 2018-2023
19. Latin America Insulated Wire and Cable Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Middle East and Africa Insulated Wire and Cable Historical Market: Breakup by Country (USD Million), 2018-2023
21. Middle East and Africa Insulated Wire and Cable Market Forecast: Breakup by Country (USD Million), 2024-2032
22. Major Exporting Countries by Value
23. Major Importing Countries by Value
24. Major Exporting Countries by Volume
25. Major Importing Countries by Volume
26. North America Historical Price Trends and Forecast 2018-2028
27. Europe Historical Price Trends and Forecast 2018-2028
28. Asia Pacific Historical Price Trends and Forecast 2018-2028
29. Latin America Historical Price Trends and Forecast 2018-2028
30. Middle East and Africa Historical Price Trends and Forecast 2018-2028
31. Global Insulated Wire and Cable Market Structure
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach almost USD 324.39 billion by 2032.
In 2023, the global market attained a value of nearly USD 200.34 billion.
The market is assessed to grow at a CAGR of 5.5% between 2024 and 2032.
The major market drivers are growing urbanisation, surging demand for electricity and power, and innovative marketing strategies by market players.
The key market trends guiding the growth of the market include the growing adoption of insulated wire and cable in various applications, technological advancements, and infrastructural development.
The major regions in the market are Asia Pacific, North America, Europe, Latin America, the Middle East, and Africa.
The various types that are available in the market are metal, optic fibre, and plastic.
The different installations available for insulated wire and cable include submarine, underground and overhead.
The different voltages in the market are high voltage, medium voltage, and low voltage.
The major market divisions, based on end-use, include energy and power, electronics, telecommunication, automotive, and construction, among others.
The major players in the market are ABL Electronic Supplies, Inc., Belden Inc., Carlisle Companies Incorporated, CommScope, Inc., and Finolex Cables Ltd., among others.
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