Market Overview:
The global electrical wire and cable market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electrical wire and cable in the communication, power distribution & transmission, home appliances, automotive, and other applications. The copper segment is expected to dominate the global electrical wire and cable market during the forecast period owing to its high conductivity and malleability properties.
Product Definition:
Electrical wire is a conductor of electrical energy. Wire is usually made of copper or aluminum, and is used to connect components and devices in an electrical system. Electrical cable, also known as wiring harnesses, are bundles of wires that are used to carry electricity from one location to another. Cables can be made up of several different types of wire, including solid or stranded copper wire, aluminum wire, or even plastic-coated wires.
Copper:
Copper is a soft, malleable metal that is strong enough to be used as an electrical conductor. It has the highest thermal conductivity of any metal and the second-highest electrical conductivity after silver. Copper has excellent mechanical, chemical and thermal properties which make it useful in various industries including power generation, construction, transportation equipment manufacturing and household appliances manufacturing.
The global copper industry experienced a major setback due to fluctuating prices of its primary raw material i.e.
Aluminum:
Aluminum is a conductor of electricity and has the highest electrical potential (distance between two consecutive layers) than any other metal. It also has excellent malleability, ductility, and flexibility which makes it suitable for use in wires & cables. These properties have made it possible to develop an extensive range of aluminum-based products such as electric wire & cable, power transmission lines, etc.
Application Insights:
The power distribution & transmission application segment led the global electrical wire and cable market in 2017. This can be attributed to growing demand for high-power transmission lines, rising number of industrialization, and urbanization, increasing use of electricity in various appliances at home such as refrigerators, washing machines etc., and rapid growth of the manufacturing sector in countries like China India Japan etc. The communication application segment is expected to witness significant growth over the forecast period owing to rapidly expanding IT industry globally coupled with surging demand for high-speed internet infrastructure.
The home appliances segment is also anticipated to grow significantly over the forecast period due to increased use of electricity in refrigerators microwave ovens coffee makers vacuum cleaners etc., coupled with a rise in disposable income among consumers globally which has resulted into an increase domestic consumption patterns across developing economies including China India Japan Brazil Argentina Vietnam Thailand Indonesia Philippines Saudi Arabia Malaysia Uaeetcetera.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The region’s growth can be attributed to increasing demand for electrical wire and cable in countries, such as China, India, Japan, South Korea, Taiwan among others. Increasing industrialization coupled with rapid urbanization has resulted in rising construction activities which is further anticipated to drive product demand over the coming years.
The Asia Pacific was followed by Europe that accounted for a revenue share of 22% in 2017 owing to high copper mining production mainly from Russia and Turkey along with other Eastern European countries. Copper wires are widely used across several industries including telecommunication & IT (28%), power distribution & transmission (23%) among others due to its excellent performance characteristics such as high conductivity and ability of transmitting large amounts of electricity efficiently over long distances at low cost per unit area compared to fiber optic cables or aluminum wires which are alternatives used across this region.
Growth Factors:
- Increasing demand from the construction and automotive industries
- Growing demand for energy-efficient and eco-friendly products
- Rising disposable income of consumers in developing countries
- Technological advancements in electrical wiring and cable products
- Expansion of global trade
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrical Wire and Cable Market Research Report
By Type
Copper, Aluminum, Fiber Optic, Other
By Application
Communication, Power Distribution & Transmission, Home Appliances, Automotive, Others
By Companies
Yazaki, Sumitomo Electric, Delphi, Leoni, Coficab, General Cable, Furukawa Electric, FUJIKURA, Yura, Coroplast, Kyungshin, Beijing Force, Shanghai Shenglong, Beijing S.P.L, Tition, Ningbo KBE, HUATAI, 3F Electronics, Shandong Huanyu, Xingda, Shanghai Panda, Nexans, Prysmian
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Electrical Wire and Cable Market Report Segments:
The global Electrical Wire and Cable market is segmented on the basis of:
Types
Copper, Aluminum, Fiber Optic, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Communication, Power Distribution & Transmission, Home Appliances, Automotive, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Yazaki
- Sumitomo Electric
- Delphi
- Leoni
- Coficab
- General Cable
- Furukawa Electric
- FUJIKURA
- Yura
- Coroplast
- Kyungshin
- Beijing Force
- Shanghai Shenglong
- Beijing S.P.L
- Tition
- Ningbo KBE
- HUATAI
- 3F Electronics
- Shandong Huanyu
- Xingda
- Shanghai Panda
- Nexans
- Prysmian
Highlights of The Electrical Wire and Cable Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Copper
- Aluminum
- Fiber Optic
- Other
- By Application:
- Communication
- Power Distribution & Transmission
- Home Appliances
- Automotive
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electrical Wire and Cable Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electrical wire and cable are materials used to transmit electrical energy. Wire is made of a number of different materials, including copper, aluminum, and steel. Cable is made of a variety of materials, including plastic and rubber.
Some of the major players in the electrical wire and cable market are Yazaki, Sumitomo Electric, Delphi, Leoni, Coficab, General Cable, Furukawa Electric, FUJIKURA, Yura, Coroplast, Kyungshin, Beijing Force, Shanghai Shenglong, Beijing S.P.L, Tition, Ningbo KBE, HUATAI, 3F Electronics, Shandong Huanyu, Xingda, Shanghai Panda, Nexans, Prysmian.
The electrical wire and cable market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electrical Wire and Cable Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electrical Wire and Cable Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electrical Wire and Cable Market - Supply Chain
4.5. Global Electrical Wire and Cable Market Forecast
4.5.1. Electrical Wire and Cable Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electrical Wire and Cable Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electrical Wire and Cable Market Absolute $ Opportunity
5. Global Electrical Wire and Cable Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electrical Wire and Cable Market Size and Volume Forecast by Type
5.3.1. Copper
5.3.2. Aluminum
5.3.3. Fiber Optic
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electrical Wire and Cable Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electrical Wire and Cable Market Size and Volume Forecast by Application
6.3.1. Communication
6.3.2. Power Distribution & Transmission
6.3.3. Home Appliances
6.3.4. Automotive
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electrical Wire and Cable Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electrical Wire and Cable Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electrical Wire and Cable Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electrical Wire and Cable Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electrical Wire and Cable Demand Share Forecast, 2019-2026
9. North America Electrical Wire and Cable Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electrical Wire and Cable Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electrical Wire and Cable Market Size and Volume Forecast by Application
9.4.1. Communication
9.4.2. Power Distribution & Transmission
9.4.3. Home Appliances
9.4.4. Automotive
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electrical Wire and Cable Market Size and Volume Forecast by Type
9.7.1. Copper
9.7.2. Aluminum
9.7.3. Fiber Optic
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electrical Wire and Cable Demand Share Forecast, 2019-2026
10. Latin America Electrical Wire and Cable Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electrical Wire and Cable Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electrical Wire and Cable Market Size and Volume Forecast by Application
10.4.1. Communication
10.4.2. Power Distribution & Transmission
10.4.3. Home Appliances
10.4.4. Automotive
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electrical Wire and Cable Market Size and Volume Forecast by Type
10.7.1. Copper
10.7.2. Aluminum
10.7.3. Fiber Optic
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electrical Wire and Cable Demand Share Forecast, 2019-2026
11. Europe Electrical Wire and Cable Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electrical Wire and Cable Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electrical Wire and Cable Market Size and Volume Forecast by Application
11.4.1. Communication
11.4.2. Power Distribution & Transmission
11.4.3. Home Appliances
11.4.4. Automotive
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electrical Wire and Cable Market Size and Volume Forecast by Type
11.7.1. Copper
11.7.2. Aluminum
11.7.3. Fiber Optic
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electrical Wire and Cable Demand Share, 2019-2026
12. Asia Pacific Electrical Wire and Cable Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electrical Wire and Cable Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electrical Wire and Cable Market Size and Volume Forecast by Application
12.4.1. Communication
12.4.2. Power Distribution & Transmission
12.4.3. Home Appliances
12.4.4. Automotive
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electrical Wire and Cable Market Size and Volume Forecast by Type
12.7.1. Copper
12.7.2. Aluminum
12.7.3. Fiber Optic
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electrical Wire and Cable Demand Share, 2019-2026
13. Middle East & Africa Electrical Wire and Cable Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electrical Wire and Cable Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electrical Wire and Cable Market Size and Volume Forecast by Application
13.4.1. Communication
13.4.2. Power Distribution & Transmission
13.4.3. Home Appliances
13.4.4. Automotive
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electrical Wire and Cable Market Size and Volume Forecast by Type
13.7.1. Copper
13.7.2. Aluminum
13.7.3. Fiber Optic
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electrical Wire and Cable Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electrical Wire and Cable Market: Market Share Analysis
14.2. Electrical Wire and Cable Distributors and Customers
14.3. Electrical Wire and Cable Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Yazaki
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sumitomo Electric
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Delphi
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Leoni
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Coficab
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. General Cable
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Furukawa Electric
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. FUJIKURA
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Yura
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Coroplast
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kyungshin
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Beijing Force
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Shanghai Shenglong
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Beijing S.P.L
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Tition
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Ningbo KBE
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. HUATAI
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. 3F Electronics
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Shandong Huanyu
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Xingda
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
