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United Kingdom Wires and Cables Market Size, Share, Forecast: 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, Others; By End Use; Regional Analysis; Competitive Landscape; 2024-2032
United Kingdom Wires and Cables Market Outlook
The United Kingdom wires and cables market size reached approximately USD 6.9 billion in 2023. The market is projected to grow at a CAGR of 2.90% between 2024 and 2032, reaching a value of around USD 9.1 billion by 2032.
Key Takeaways
- Some of the leading end users of wires and cables are energy and power, construction, and aerospace and defence.
- In 2022, the market share of EVs increased to 28.2% as compared to 20.4% in 2021.
- In 2021, the value added for maintenance, repair, and operations (MRO) in the UK’s aerospace manufacturing sector reached GBP 0.9 billion.
- In 2022, new construction order in the UK increased by 1.4% to GBP 80,837 million, aided by private infrastructure, private commercial and other public non-housing investments.
By 2050, the electricity demand in the UK is estimated to increase by about 50%, resulted by the shift from fossil fuels to electricity as the key fuel in the transport and building sectors. The adoption of electricity is further creating a significant demand for wires and cables, as they play a key role in the transmission of electricity over longer distances, such as from wind and solar farms to residential and commercial buildings and industries.
The United Kingdom wires and cables market is also aided by the expansion of the automotive sector. In January 2024, a total of 20,935 BEVs, 18,744 hybrid electric vehicles (HEVs) and 11,944 plug-in hybrid electric vehicles (PHEVs) were newly registered in the UK. The government of the UK has laid out plans to phase out new petrol and diesel vehicles by 2030. The increasing awareness regarding the environmental benefits of EVs such as reduced emissions and improved air quality is further increasing its adoption.
Aluminium is a key material for the production of cables and wires. The aluminium sector contributes about GBP 2.97 billion in Gross Value Added (GVA) to the UK economy. Aluminium is being increasingly used for the production of high-voltage cables and also caters to the green energy transition initiatives of the country.
The overall value of projects given detailed planning approval in Scotland in Q1 2024 increased by 11% in the same period in 2023. The Scottish government has laid out several plans such as Infrastructure Investment Plan worth GBP 26 billion to deliver high-quality public services. Such developments in the construction sector support the use of wires and cables for power transmission, thus supporting the United Kingdom wires and cables market growth.
Market Segmentation
United Kingdom 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
- England
- Wales
- Scotland
- Northern Ireland
Competitive Landscape
Companies are focusing on the utilisation of advanced materials to produce reliable wires and cables and associated equipment.
- Cable Harnesses UK Ltd
- Sumitomo Electric Industries, Ltd
- Heatsense Cables Limited
- Tratos Cavi S.p.A (Tratos UK Ltd.)
- Cleveland Cable Company
- British Cables Company
- KEI Industries Limited
- Leigh Cables
- Furukawa Electric Co. Ltd
- Doncaster Cables
- 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:
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| Breakup by Voltage |
|
| Breakup by Product |
|
| Breakup by Material |
|
| 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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*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 Europe Wires and Cables Market Overview
8.1 Key Industry Highlights
8.2 Europe Wires and Cables Historical Market (2018-2023)
8.3 Europe Wires and Cables Market Forecast (2024-2032)
9 United Kingdom Wires and Cables Market Overview
9.1 Key Industry Highlights
9.2 United Kingdom Wires and Cables Historical Market (2018-2023)
9.3 United Kingdom Wires and Cables Market Forecast (2024-2032)
10 United Kingdom 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 United Kingdom 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 United Kingdom 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 Aluminium
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Others
13 United Kingdom 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 United Kingdom Wires and Cables Market by Region
14.1 England
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Wales
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Scotland
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Northern Ireland
14.4.1 Historical Trend (2018-2023)
14.4.2 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 Cable Harnesses UK Ltd.
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 Sumitomo Electric Industries, Ltd.
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 Heatsense Cables Limited
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 Tratos Cavi S.p.A (Tratos UK Ltd.)
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 Cleveland Cable Company
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 British Cables Company
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 KEI Industries Limited
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 Leigh Cables
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 Furukawa Electric Co. Ltd.
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 Doncaster Cables
19.2.10.1 Company Overview
19.2.10.2 Product Portfolio
19.2.10.3 Demographic Reach and Achievements
19.2.10.4 Certifications
19.2.11 Others
20 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Europe Wires and Cables Market: Key Industry Highlights, 2018 and 2032
2. United Kingdom Wires and Cables Market: Key Industry Highlights, 2018 and 2032
3. United Kingdom Wires and Cables Historical Market: Breakup by Voltage (USD Billion), 2018-2023
4. United Kingdom Wires and Cables Market Forecast: Breakup by Voltage (USD Billion), 2024-2032
5. United Kingdom Wires and Cables Historical Market: Breakup by Product (USD Billion), 2018-2023
6. United Kingdom Wires and Cables Market Forecast: Breakup by Product (USD Billion), 2024-2032
7. United Kingdom Wires and Cables Historical Market: Breakup by Material (USD Billion), 2018-2023
8. United Kingdom Wires and Cables Market Forecast: Breakup by Material (USD Billion), 2024-2032
9. United Kingdom Wires and Cables Historical Market: Breakup by End Use (USD Billion), 2018-2023
10. United Kingdom Wires and Cables Market Forecast: Breakup by End Use (USD Billion), 2024-2032
11. United Kingdom Wires and Cables Historical Market: Breakup by Region (USD Billion), 2018-2023
12. United Kingdom 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. United Kingdom Wires and Cables Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 6.9 billion.
The market is estimated to grow at a CAGR of 2.90% between 2024 and 2032.
The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 9.1 billion by 2032.
The factors driving the market growth are the increasing power demand, the growing construction and telecommunications sector, and rising technological advancements.
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 end uses include construction, telecommunications, energy and power, automotive, aerospace and defence, and others.
The major players in the market are Cable Harnesses UK Ltd, Sumitomo Electric Industries, Ltd. Heatsense Cables Limited, Tratos Cavi S.p.A (Tratos UK Ltd.), Cleveland Cable Company, British Cables Company, KEI Industries Limited, Leigh Cables, Furukawa Electric Co. Ltd, and Doncaster Cables, among others.
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