Wires And Cables Market Size, Share & Trends Analysis Report By Voltage (Low, Medium, High, Extra-High), By Installation (Overhead, Underground), By End Use, And Segment Forecasts, 2019 - 2025

Published: Jun, 2019 | Pages: 120 | Publisher: Grand View Research
Industry: Cable And Wire | Report Format: Electronic (PDF)

The global wires and cables market is expected to reach USD 232.6 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 4.9% during the forecast period. Increasing funds for upgrading infrastructure coupled with the demand for refined power transmission and distribution systems are expected to be the key factors driving the growth.

Increasing investments in smart grids and renewable energy generation are the other factors driving the overall market. Various types of cables are used for several applications based on their voltage, resistance and flexibility such as Poly Vinyl Chloride (PVC) cables are mostly used in food industry owing to their mechanical strength and resistance. Rising economic activity and rapid urbanization in emerging economies will lead to industrial growth. Sectors such as telecom and aerospace and defense are moving towards new infrastructure and construction, driving the demand for wires and cables used in construction activities. Technological upgrades require various services such as communication and internet access. Expansions and upgrades in these will directly boost the demand for communication cables, instrumentation cables, and Ethernet cables among others.

Government initiatives in rural electrification also play a vital role in the growth of the wires and cables market. Rural electrification involves major actions such as improved communication, setting electricity infrastructure, and providing connectivity to households. Rural electrification is expected to drive the product demand in the forthcoming years. For instance, according to the Ministry of Power-Government of India, 26.3 million homes below poverty line in the country have been electrified under the Rural Electrification section of Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY). Smart grids diminish the general cost incurred in traditional including operational cost incurred due to loss of power and it lowers the pressure on energy prices and total customer bills.

Indian government under the "Make in India" campaign has targeted installation of 130 million smart meters by 2021 under Smart City Initiatives. In addition, the installation will be done at the consumer base where the monthly consumption is above 200 units by 2019. There are various steps taken by the government in other countries such as U.S. to encourage the implementation of smart grid.

Further key findings from the report suggest:

• Low voltage emerged as the fastest growing segment over the forecast period

• Overhead emerged as the largest segment in 2018 and is estimated to generate revenue of over USD 148.21 billion by 2025

• Asia Pacific held the largest share of the wires and cables market in 2018. Government initiatives such as Make in India, Smart Cities, and Sansad Adarsha Gram Yojana in the region are anticipated to drive the growth

• Key players include Prysmian S.p.A; Nexans; Belden Inc.; LS Cables & System Ltd.; Furukawa Electric Co., Ltd.; Fujikura Ltd.; Sumitomo Corporation; Leoni AG; and NKT A/S; among others accounted for the majority market share in 2018.

 Table of Contents

Chapter 1 Methodology & Scope
                 1.1 Research Methodology
                 1.2 Research Scope & Assumptions
                 1.3 List of Secondary Sources
                 1.4 List of Primary Sources
                 1.5 List of Abbreviations
                 1.6 Estimates & Forecasts Timeline
Chapter 2 Executive Summary
Chapter 3 Market Definitions
                 3.1 Market Segmentation & Scope
                 3.2 Wires and Cables Market
                 3.3 Regional Segment Trends, 2015 - 2025 (USD Billion)
                 3.4 Voltage Segment Trends, 2015 - 2025 (USD Billion)
                 3.5 Installation Segment Trends, 2015 - 2025 (USD Billion)
                 3.6 End use Segment Trends, 2015 - 2025 (USD Billion)
Chapter 4 Industry Outlook
                 4.1 Wires and Cables Market Snapshot, 2018
                 4.2 Market Dynamics
                     4.2.1 Market Drivers Analysis
                         4.2.1.1 Expanding infrastructure and construction growth
                         4.2.1.2 Implementation of smart grid technology
                         4.2.1.3 Increase in renewable energy generation
                     4.2.2 Market Restraint Analysis
                         4.2.2.1 Fluctuating price of raw materials
                 4.4 Value Chain Analysis
                 4.5 Penetration and Growth Prospect Mapping
                 4.6 Wires and Cables Market - Key Company Analysis, 2018
                 4.7 Wires and Cables Market: PEST analysis
                 4.8 Porter's Five Forces Analysis
Chapter 5 Wires and Cables Market: Voltage
                 5.1 Voltage Segment Analysis, 2015 - 2025 (USD Billion)
                 5.2 Low Voltage Trends, 2015 - 2025 (USD Billion)
                 5.3 Medium Voltage Trends, 2015 - 2025 (USD Billion)
                 5.4 High Voltage Trends, 2015 - 2025 (USD Billion)
                 5.5 Extra High Voltage Trends, 2015 - 2025 (USD Billion)
Chapter 6 Wires and Cables Market: Installation
                 6.1 Installation Segment Analysis, 2015 - 2025 (USD Billion)
                 6.2 Overhead Segment Trends, 2015 - 2025 (USD Billion)
                 6.3 Underground Segment Trends, 2015 - 2025 (USD Billion)
Chapter 7 Wires and Cables Market: End use
                 7.1 End use Segment Analysis, 2015 - 2025 (USD Billion)
                 7.2 Aerospace & Defense Segment Trends, 2015 - 2025 (USD Billion)
                 7.3 Building & Construction Segment Trends, 2015 - 2025 (USD Billion)
                 7.4 Oil & Gas Segment Trends, 2015 - 2025 (USD Billion)
                 7.5 Energy & Power Segment Trends, 2015 - 2025 (USD Billion)
                 7.6 IT & Telecommunication Segment Trends, 2015 - 2025 (USD Billion)
                 7.7 Others Segment Trends, 2015 - 2025 (USD Billion)
Chapter 8 REegional Outlook
                 8.1 Regional Analysis, 2015 - 2025 (USD Billion)
                 8.2 North America
                     8.2.1 North America wires and cables market by voltage, 2015 - 2025 (USD Billion)
                         8.2.3.1 North America wires and cables market by installation, 2015 - 2025 (USD Billion)
                     8.2.2 North America wires and cables market by end use, 2015 - 2025 (USD Billion)
                     8.2.3 U.S.
                         8.2.3.1 U.S. wires and cables market by voltage, 2015 - 2025 (USD Billion)
                         8.2.3.2 U.S. wires and cables market by installation, 2015 - 2025 (USD Billion)
                         8.2.3.3 U.S. wires and cables market by end use, 2015 - 2025 (USD Billion)
                     8.2.4 Canada
                         8.2.4.1 Canada wires and cables market by voltage, 2015 - 2025 (USD Billion)
                         8.2.3.2 Canada wires and cables market by installation, 2015 - 2025 (USD Billion)
                         8.2.4.3 Canada wires and cables market by end use, 2015 - 2025 (USD Billion)
                     8.2.5 Mexico
                         8.2.5.1 Mexico wires and cables market by voltage, 2015 - 2025 (USD Billion)
                         8.2.3.2 Mexico wires and cables market by installation, 2015 - 2025 (USD Billion)
                         8.2.5.3 Mexico wires and cables market by end use, 2015 - 2025 (USD Billion)
                 8.3 Europe
                     8.3.1 Europe wires and cables market by voltage, 2015 - 2025 (USD Billion)
                     8.3.2 Europe wires and cables market by installation, 2015 - 2025 (USD Billion)
                     8.3.3 Europe wires and cables market by end use, 2015 - 2025 (USD Billion)
                     8.3.4 U.K.
                         8.3.4.1 U.K. wires and cables market by voltage, 2015 - 2025 (USD Billion)
                         8.3.4.2 U.K. wires and cables market by installation, 2015 - 2025 (USD Billion)
                         8.3.4.3 U.K. wires and cables market by end use, 2015 - 2025 (USD Billion)
                     8.3.5 Germany
                         8.3.5.1 Germany wires and cables market by voltage, 2015 - 2025 (USD Billion)
                         8.3.5.2 Germany wires and cables market by installation, 2015 - 2025 (USD Billion)
                         8.3.5.3 Germany wires and cables market by end use, 2015 - 2025 (USD Billion)
                 8.4 Asia Pacific
                     8.4.1 Asia Pacific wires and cables market by voltage, 2015 - 2025 (USD Billion)
                     8.4.2 Asia Pacific wires and cables market by installation, 2015 - 2025 (USD Billion)
                     8.4.3 Asia Pacific wires and cables market by end use, 2015 - 2025 (USD Billion)
                     8.4.4 China
                         8.4.4.1 China wires and cables market by voltage, 2015 - 2025 (USD Billion)
                         8.4.4.2 China wires and cables market by installation, 2015 - 2025 (USD Billion)
                         8.4.4.3 China wires and cables market by end use, 2015 - 2025 (USD Billion)
                     8.4.5 India
                         8.4.5.1 India wires and cables market by voltage, 2015 - 2025 (USD Billion)
                         8.4.5.2 India wires and cables market by installation, 2015 - 2025 (USD Billion)
                         8.4.5.3 India wires and cables market by end use, 2015 - 2025 (USD Billion)
                     8.4.6 Japan
                         8.4.6.1 Japan wires and cables market by voltage, 2015 - 2025 (USD Billion)
                         8.4.6.2 Japan. wires and cables market by installation, 2015 - 2025 (USD Billion)
                         8.4.6.3 Japan wires and cables market by end use, 2015 - 2025 (USD Billion)
                 8.5 South America 
                     8.5.1 South America wires and cables market by voltage, 2015 - 2025 (USD Billion)
                     8.5.2 South America wires and cables market by installation, 2015 - 2025 (USD Billion)
                     8.5.3 South America wires and cables market by end use, 2015 - 2025 (USD Billion)
                     8.5.4 Brazil 
                         8.5.4.1 Brazil wires and cables market by voltage, 2015 - 2025 (USD Billion)
                         8.5.4.2 Brazil wires and cables market by installation, 2015 - 2025 (USD Billion)
                         8.5.4.3 Brazil wires and cables market by end use, 2015 - 2025 (USD Billion)
                 8.6 Middle East and Africa
                     8.6.1 Middle East and Africa wires and cables market by voltage, 2015 - 2025 (USD Billion)
                     8.6.2 Middle East. wires and cables market by installation, 2015 - 2025 (USD Billion)
                     8.6.3 Middle East and Africa wires and cables market by end use, 2015 - 2025 (USD Billion)
Chapter 9 Company Profiles
                 9.1 Belden Inc.
                     9.1.1 Company overview
                     9.1.2 Financial performance
                     9.1.3 Product benchmarking
                     9.1.4 Strategic initiatives
                 9.2 Encore Wire Corporation
                     9.2.1 Company overview
                     9.2.2 Financial performance
                     9.2.3 Product benchmarking
                     9.2.4 Strategic initiatives
                 9.3 Finolex Cables Ltd.
                     9.3.1 Company overview
                     9.3.2 Financial performance
                     9.3.3 Product benchmarking
                     9.3.4 Strategic initiatives
                 9.4 Fujikura Ltd.
                     9.4.1 Company overview
                     9.4.2 Financial performance
                     9.4.3 Product benchmarking
                     9.4.4 Strategic initiatives
                 9.5 Furukawa Electric Co., Ltd.
                     9.5.1 Company overview
                     9.5.2 Financial performance
                     9.5.3 Product benchmarking
                     9.5.4 Strategic initiatives
                 9.6 KEI Idustries Ltd.
                     9.6.1 Company overview
                     9.6.2 Financial performance
                     9.6.3 Product benchmarking
                     9.6.4 Strategic initiatives
                 9.7 LEONI AG
                     9.7.1 Company overview
                     9.7.2 Financial performance
                     9.7.3 Product benchmarking
                     9.7.4 Strategic initiatives
                 9.8 LS Cable & System Ltd.
                     9.8.1 Company overview
                     9.8.2 Financial performance
                     9.8.3 Product benchmarking
                     9.8.4 Strategic initiatives
                 9.9 Nexans
                     9.9.1 Company overview
                     9.9.2 Financial performance
                     9.9.3 Product benchmarking
                     9.9.4 Strategic initiatives
                 9.10 Prysmian S.p.A
                     9.10.1 Company overview
                     9.10.2 Financial performance
                     9.10.3 Product benchmarking
                     9.10.4 Strategic initiatives
                 9.11 Southwire Company LLC
                     9.11.1 Company overview
                     9.11.2 Financial performance
                     9.11.3 Product benchmarking
                     9.11.4 Strategic initiatives

List of Tables

Table 1 List of Abbreviation
Table 2 Wires and cables market, 2015 - 2025 (USD Billion)
Table 3 Wires and cables market, by region 2015 - 2025 (USD Billion)
Table 4 Wires and cables market, by voltage 2015 - 2025 (USD Billion)
Table 5 Wires and cables market, by installation 2015 - 2025 (USD Billion)
Table 6 Wires and cables market, by end use 2015 - 2025 (USD Billion)
Table 7 Low voltage market, by region, 2015 - 2025 (USD Billion)
Table 8 Medium voltage market, by region, 2015 - 2025 (USD Billion)
Table 9 High voltage market, by region, 2015 - 2025 (USD Billion)
Table 10 Extra High voltage market, by region, 2015 - 2025 (USD Billion)
Table 11 Overhead market, by region, 2015 - 2025 (USD Billion)
Table 12 Underground market, by region, 2015 - 2025 (USD Billion)
Table 13 Aerospace & defense market, by region, 2015 - 2025 (USD Billion)
Table 14 Building & construction market, by region, 2015 - 2025 (USD Billion)
Table 15 Oil & gas market, by region, 2015 - 2025 (USD Billion)
Table 16 Energy & power market, by region, 2015 - 2025 (USD Billion)
Table 17 IT & telecommunication market, by region, 2015 - 2025 (USD Billion)
Table 18 Others market, by region, 2015 - 2025 (USD Billion)
Table 19 North America wires and cables market, by voltage, 2015 - 2025 (USD Billion)
Table 20 North America wires and cables market, by installation, 2015 - 2025 (USD Billion)
Table 21 North America wires and cables market, by end use, 2015 - 2025 (USD Billion)
Table 22 U.S. wires and cables market, by voltage, 2015 - 2025 (USD Billion)
Table 23 U.S. wires and cables market, by installation, 2015 - 2025 (USD Billion)
Table 24 U.S. wires and cables market, by end use, 2015 - 2025 (USD Billion)
Table 25 Canada wires and cables market, by voltage, 2015 - 2025 (USD Billion)
Table 26 Canada wires and cables market, by installation, 2015 - 2025 (USD Billion)
Table 27 Canada wires and cables market, by end use, 2015 - 2025 (USD Billion)
Table 28 Mexico wires and cables market, by voltage, 2015 - 2025 (USD Billion)
Table 29 Mexico wires and cables market, by installation, 2015 - 2025 (USD Billion)
Table 30 Mexico wires and cables market, by end use, 2015 - 2025 (USD Billion)
Table 31 Europe wires and cables market, by country, 2015 - 2025 (USD Billion)
Table 32 Europe wires and cables market, by voltage, 2015 - 2025 (USD Billion)
Table 33 Europe wires and cables market, by installation, 2015 - 2025 (USD Billion)
Table 34 Europe wires and cables market, by end use, 2015 - 2025 (USD Billion)
Table 35 U.K. wires and cables market, by voltage, 2015 - 2025 (USD Billion)
Table 36 U.K. wires and cables market, by installation, 2015 - 2025 (USD Billion)
Table 37 U.K. wires and cables market, by end use, 2015 - 2025 (USD Billion)
Table 38 Germany wires and cables market, by voltage, 2015 - 2025 (USD Billion)
Table 39 Germany wires and cables market, by installation, 2015 - 2025 (USD Billion)
Table 40 Germany wires and cables market, by end use, 2015 - 2025 (USD Billion)
Table 41 Asia Pacific wires and cables market, by country, 2015 - 2025 (USD Billion)
Table 42 Asia Pacific wires and cables market, by voltage, 2015 - 2025 (USD Billion)
Table 43 Asia Pacific wires and cables market, by installation, 2015 - 2025 (USD Billion)
Table 44 Asia Pacific wires and cables market, by end use, 2015 - 2025 (USD Billion)
Table 45 China wires and cables market, by voltage, 2015 - 2025 (USD Billion)
Table 46 China wires and cables market, by installation, 2015 - 2025 (USD Billion)
Table 47 China wires and cables market, by end use, 2015 - 2025 (USD Billion)
Table 48 India wires and cables market, by voltage, 2015 - 2025 (USD Billion)
Table 49 India wires and cables market, by installation, 2015 - 2025 (USD Billion)
Table 50 India wires and cables market, by end use, 2015 - 2025 (USD Billion)
Table 51 Japan wires and cables market, by voltage, 2015 - 2025 (USD Billion)
Table 52 Japan wires and cables market, by installation, 2015 - 2025 (USD Billion)
Table 53 Japan wires and cables market, by end use, 2015 - 2025 (USD Billion)
Table 54 South America wires and cables market, by country, 2015 - 2025 (USD Billion)
Table 55 South America wires and cables market, by voltage, 2015 - 2025 (USD Billion)
Table 56 South America wires and cables market, by installation, 2015 - 2025 (USD Billion)
Table 57 South America wires and cables market, by end use, 2015 - 2025 (USD Billion)
Table 58 Brazil wires and cables market, by voltage, 2015 - 2025 (USD Billion)
Table 59 Brazil wires and cables market, by installation, 2015 - 2025 (USD Billion)
Table 60 Brazil wires and cables market, by end use, 2015 - 2025 (USD Billion)
Table 61 MEA wires and cables market, by voltage, 2015 - 2025 (USD Billion)
Table 62 MEA wires and cables market, by installation, 2015 - 2025 (USD Billion)
Table 63 MEA wires and cables market, by end use, 2015 - 2025 (USD Billion)

List of Figures

Fig. 1 Wires and cables market research methodology
Fig. 2 Wires and cables market data traingulation technique
Fig. 3 Wires and cables market primary research scope
Fig. 4 Wires and cables market market segmentation
Fig. 5 Wires and cables market: Market snapshot, 2018
Fig. 6 Wires and cables market: Value chain analysis
Fig. 7 Wires and cables market: Penetration and growth prospect mapping
Fig. 8 Wires and cables market: Key company analysis, 2018
Fig. 9 Wires and cables market: PEST analysis
Fig. 10 Wires and cables market: Porter's five forces analysis
Fig. 11 Wires and cables market: Voltage segment analysis, 2015 - 2025 (USD Billion)
Fig. 12 Wires and cables market: Installation segment analysis, 2015 - 2025 (USD Billion)
Fig. 13 Wires and cables market: End use segment analysis, 2015 - 2025 (USD Billion)
Fig. 14 Wires and cables market: Regional outlook
Fig. 15 Wires and cables market: North America regional analysis, 2015 - 2025 (USD Billion)
Fig. 16 Wires and cables market: Europe regional analysis, 2015 - 2025 (USD Billion)
Fig. 17 Wires and cables market: Asia Pacific regional analysis, 2015 - 2025 (USD Billion)
Fig. 18 Wires and cables market: South America regional analysis, 2015 - 2025 (USD Billion)
Fig. 19 Wires and cables market: MEA regional analysis, 2015 - 2025 (USD Billion)