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Global Wires and Cables Market: By Voltage: Low Voltage, Medium and High Voltage, Optical Fibre; By Material: Copper, Aluminium, Glass; By Installation: Overhead, Underground; By End Use: Building & Construction, Aerospace & Defence, Oil & Gas, IT & Telecommunication, Energy & Power; By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa; Historical Production and Consumption (2016-2020); Production and Consumption Forecast (2021-2026); SWOT Analysis; Competitive Landscape & Supplier Analysis; Feedstock Analysis; Procurement Strategy; Trade Data Analysis; Manufacturing Process

Global Wires and Cables Market Key Insights:


  • Market Overview
  • Market Opportunities
  • Regional Market Analysis
  • Historical Market Size 2016-2020
  • Competitive Landscape
  • SWOT Analysis
  • Market Forecast 2021-2026
  • Events and Developments
  • Market Indicators


Market Outlook
The global wires and cables market reached a value of USD 165.35 billion in 2020 and is expected to grow at a CAGR of 5.4% over the forecast period of 2021-2026. The main factors driving the growth of the industry are rising urbanization and the rapidly growing building infrastructure. These have influenced commercial, residential, industrial energy, and power demand.

Global Wires and Cables Market Report and Forecast 2021-2026

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Properties and Applications
A wire is a single electrical conductor, while a cable is a set of wires in the sheathing. The wires and cables market can be divided based on segments like the voltage, material, installation, and end-use.

Based on voltage, the wires and cables market can be broadly categorised into:

  • Low Voltage
  • Medium and High Voltage
  • Optical Fibre

The industry can be divided based on materials as:

  • Copper
  • Aluminium
  • Glass
  • Others

The industry can be divided based on installation as:

  • Overhead
  • Underground

The industry can be divided based on end-use as:

  • Building and Construction
  • Aerospace and Defence
  • Oil and Gas
  • IT and Telecommunication
  • Energy and Power
  • Others

The EMR report looks into the regional markets of wires and cables like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

Market Analysis

It is expected that the increased investments in smart grids and power transmission and distribution systems will drive the industry for wires and cables in the forecast period. The adoption of smart grid technology has met the growing need for grid interconnections, leading to increased investment in a new submarine and underground cables. However, increasing offshore wind farms, direct current high voltage connections, and grid interconnections are expected to fuel the industry growth in the coming years. The increasing population leads to an increased demand for power. It is crucial to make the grid smarter and technologically advanced in order to reduce the frequency and length of power outages, storm impacts, and to restore services more quickly after outages.

Competitive Landscape

The report presents a detailed analysis of the following key players in the global wires and cables market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Belden Inc. (NYSE: BDC)
  • Furukawa Electric Co., Ltd. 
  • Hitachi, Ltd. 
  • KEI Industries Ltd. 
  • Leoni AG 
  • LS Cable & System Ltd.
  • Nexans S.A. 
  • Prysmian S.p.A. 
  • Sumitomo Electric Industries, Ltd. (SEI) 
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.

Key Questions Answered in the Report:

  • How has the global wires and cables market performed in the previous years (2016-2020)?
  • What is the forecast assessment of the industry for 2021-2026?
  • What are the major drivers of the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major constraints of the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major demand indicators of the global wires and cables market?
  • What are the import and export trends in the global wires and cables market?
  • Who are the top importers and exporters of wires and cables in the industry globally?
  • Who are the key manufacturers in the global wires and cables market?
  • What is the degree of competition in the global wires and cables market?
  • What are the major events and developments taking place within the global industry?

1    Preface
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Cost Structure
    4.5    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Global Wires and Cables Market Analysis
    6.1    Global Wires and Cables Market (2016-2020) & Forecast (2021-2026)
    6.2    Global Wires and Cables Market Breakup by Voltage
        6.2.1    Low Voltage
        6.2.2    Medium and High Voltage
        6.2.3    Optical Fibre
    6.3    Global Wires and Cables Market Breakup by Voltage: Historical Market (2016-2020) & Forecast (2021-2026)
        6.3.1    Low Voltage
        6.3.2    Medium and High Voltage
        6.3.3    Optical Fibre
    6.4    Global Wires and Cables Market Breakup by Material
        6.4.1    Copper
        6.4.2    Aluminium
        6.4.3    Glass
        6.4.4    Others
    6.5    Global Wires and Cables Market Breakup by Material: Historical Market (2016-2020) & Forecast (2021-2026)
        6.5.1    Copper
        6.5.2    Aluminium
        6.5.3    Glass
        6.5.4    Others
    6.6    Global Wires and Cables Market Breakup by Installation
        6.6.1    Overhead
        6.6.2    Underground
    6.7    Global Wires and Cables Market Breakup by Installation: Historical Market (2016-2020) & Forecast (2021-2026)
        6.7.1    Overhead
        6.7.2    Underground
    6.8    Global Wires and Cables Market Breakup by End Use
        6.8.1    Building & Construction
        6.8.2    Aerospace & Defence
        6.8.3    Oil & Gas
        6.8.4    IT & Telecommunication
        6.8.5    Energy & Power
        6.8.6    Others
    6.9    Global Wires and Cables Market Breakup by End Use: Historical Market (2016-2020) & Forecast (2021-2026)
        6.9.1    Building & Construction
        6.9.2    Aerospace & Defence
        6.9.3    Oil & Gas
        6.9.4    IT & Telecommunication
        6.9.5    Energy & Power
        6.9.6    Others
    6.10    Global Wires and Cables Market Breakup by Region
        6.10.1    North America
      United States of America
        6.10.2    Europe
      United Kingdom
        6.10.3    Asia Pacific
        6.10.4    Latin America
        6.10.5    Middle East & Africa
      Saudi Arabia
      United Arab Emirates
      South Africa
    6.11    Global Wires and Cables Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026) 
        6.11.1    North America
      United States of America
        6.11.2    Europe
      United Kingdom
        6.11.3    Asia Pacific
        6.11.4    Latin America
        6.11.5    Middle East & Africa
      Saudi Arabia
      United Arab Emirates
      South Africa
7    SWOT Analysis
    7.1    Overview
    7.2    Strengths
    7.3    Weaknesses
    7.4    Opportunities
    7.5    Threats
8    Porter’s Five Forces Analysis
    8.1    Overview
    8.2    Buyer’s Power
    8.3    Supplier’s Power
    8.4    New Entrants
    8.5    Degree of Rivalry
    8.6    Substitutes
9    Competitive Landscape & Supplier Analysis
    9.1    Belden Inc. (NYSE: BDC)
        9.1.1    Company Overview
        9.1.2    Financial Analysis
    9.2    Furukawa Electric Co., Ltd. (TYO: 5801)
        9.2.1    Company Overview
        9.2.2    Financial Analysis
    9.3    Hitachi, Ltd. (TYO: 6501)
        9.3.1    Company Overview
        9.3.2    Financial Analysis
    9.4    KEI Industries Ltd. (NSE: KEI)
        9.4.1    Company Overview
        9.4.2    Financial Analysis
    9.5    Leoni AG (FWB: LEO)
        9.5.1    Company Overview
        9.5.2    Financial Analysis
    9.6    LS Cable & System Ltd.
        9.6.1    Company Overview
        9.6.2    Financial Analysis
    9.7    Nexans S.A. (EPA: NEX)
        9.7.1    Company Overview
        9.7.2    Financial Analysis
    9.8    Prysmian S.p.A. (BIT: PRY)
        9.8.1    Company Overview
        9.8.2    Financial Analysis
    9.9    Sumitomo Electric Industries, Ltd. (SEI) (TYO: 5802)
        9.9.1    Company Overview
        9.9.2    Financial Analysis
    9.10    Others
10    Events and Development

Additional Customization Available:

11    Feedstock Analysis
12    Procurement Strategy
    12.1    Value Chain Analysis
    12.2    Contract Terms
    12.3    Buying and Sourcing Trends
    12.4    Storage and Warehousing
    12.5    Certifications and Regulations
    12.6    Risk Factors
13    Trade Data Analysis
    13.1    Major Exporting Countries: By Value and Volume
    13.2    Major Importing Countries: By Value and Volume
14    Manufacturing Process
    14.1    Detailed Process Flow
    14.2    Operations Involved
    14.3    Mass Balance
15    Cost Analysis and Project Economics
    15.1    Land, Location and Site Development
    15.2    Construction
    15.3    Plant Machinery
    15.4    Cost of Raw Materials
    15.5    Packaging
    15.6    Transportation
    15.7    Utilities
    15.8    Manpower
    15.9    Other Capital Investment
16    Production Cost Analysis

Analyst Review


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