The North America wires and cables market size reached a value of approximately USD 33.23 Billion in 2024. The market is projected to grow at a CAGR of 3.20% between 2025 and 2034, reaching a value of around USD 45.53 Billion by 2034.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
3.2%
Value in USD Billion
2025-2034
North America Wires and Cables Market Outlook
*this image is indicative*
Wires are solid electricity conductors made using elements like aluminium and copper. They are usually thin and are used to establish electrical connections between two devices. A cable is a thick wire or a group of wires inside a rubber covering that transfers electricity or electrical signals. It is generally made using insulating material to ensure a smooth, secure, and reliable flow of electricity with minimum power loss. Electric wires are essential for all electronic products and significantly aid the power generation and distribution processes.
The EMR’s report titled “North America Wires and Cables Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Voltage
Market Breakup by Material
Market Breakup by End Use
Breakup by Region
Low voltage wires and cables are expected to hold a significant portion of the North America wires and cables market share in the forecast period owing to the high usage of these wires in establishing LAN connections, electronic applications, building wiring, and electricity distribution networks, among others. The increasing investments by the public and private sectors to expand the power generation and distribution sector and the introduction of smart grid technology are likely to further support the market growth. Moreover, increasing renovation projects of the existing buildings and the construction of new residential and commercial buildings are expected to aid the market demand in the coming years.
The IT and telecommunication sector is expected to hold a healthy share of the North America wires and cables market over the forecast period owing to the growing use of data connection services in this region. The increasing investments by key players to upgrade the network architecture to provide secure and reliable connections with ultralow latency further assist the market demand.
Additionally, with the growing popularity of 5G technology and IoT and the emergence of Industry 4.0, a surge in demand for high-speed internet connection and telecommunication services can be witnessed, driving the overall North America wires and cables market expansion.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the North America wires and cables market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
Wesco International is a publicly traded American company headquartered in Pittsburgh, Pennsylvania. The company was incorporated in 1922 and deals in multinational electrical distribution, industrial communication, maintenance, repair and operating, and original equipment manufacturing.
Prysmian S.p.A is a multinational company headquartered in Milan, Italy. With its roots dating back to 1879, the company specialises in producing electrical cables for the energy and telecom sectors and optical fibres. Prysmian owns production centres across the world, including North America, Europe, Latin America, the Middle East, and the Asia Pacific.
Sumitomo Electric Industries, Ltd., founded in 1897, is a Japanese electrical wire and optical fibre manufacturing company that is headquartered in ChÅ«Å-ku, Osaka. The company is operational in more than 30 countries supplying wires and cables for various sectors, including automotive, information and communication, electronics, and environment and energy, among others.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other market players included in the North America wires and cables market report are Southwire Company, LLC, Ltd., Belden Inc., Nexans S.A., Encore Wire Corporation, Anixter, Inc., Dacon Systems, Inc., and TE Connectivity, among others.
North America Wires and Cables Market Size
North America Wires and Cables Market Trends
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2024, the market reached an approximate value of USD 33.23 Billion.
The market is assessed to grow at a CAGR of 3.20% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach USD 45.53 Billion by 2034.
The major market drivers include the growing construction and renovation activities and the increasing demand for electricity in various sectors.
The key trends of the market include the advent of 5G technology and the increasing demand for secure and reliable telecommunication and data connection services.
The different materials used in the manufacturing of wires and cables are copper, aluminium, and glass among others.
The major end uses of wires and cables include building and construction, aerospace and defence, oil and gas, IT and telecommunication, and energy and power, among others.
The key market players included in the market report are Southwire Company, LLC, Wesco International, Prysmian S.p.A, Sumitomo Electric Industries, Ltd., Belden Inc., Nexans S.A., Encore Wire Corporation, Anixter, Inc., Dacon Systems, Inc., and TE Connectivity, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| 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 Voltage |
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| Breakup by Material |
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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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| Competitive Landscape |
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| Companies Covered |
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