The global market for Wire and Cable was estimated to be worth US$ 65672 million in 2024 and is forecast to a readjusted size of US$ 93704 million by 2031 with a CAGR of 5.3% during the forecast period 2025-2031.
Wire and Cable refer to conductors used to transmit electricity or signals, typically consisting of a metal core (such as copper or aluminum) surrounded by insulation and protective layers. While "wire" usually denotes a single conductor, "cable" consists of two or more insulated conductors bundled together. These products are essential components in power transmission, telecommunications, electronics, automotive, and construction industries.
The global wire and cable market plays a vital role in supporting critical infrastructure across power transmission, telecommunications, industrial automation, and consumer electronics. As modern societies move toward electrification and digitalization, demand for advanced wiring systems has become increasingly complex and essential. This market encompasses a wide range of cable types-from low-voltage building wires to high-voltage power transmission lines, and from traditional copper cables to advanced fiber-optic systems-each tailored to specific use cases in energy, communication, and mobility sectors.
A key trend shaping the market is the transition to renewable energy and smart grid modernization. As governments and utilities invest in solar, wind, and other clean energy sources, the need for durable, high-capacity cables that can withstand harsh environmental conditions is rising.
In the telecommunications sector, the proliferation of data centers, 5G rollouts, and increasing internet penetration are significantly boosting the demand for fiber-optic cables. These cables offer higher bandwidth, faster data transmission, and longer lifecycle performance compared to traditional copper options. Their deployment is critical in supporting digital transformation initiatives globally, especially in emerging markets.
Lastly, the wire and cable industry is witnessing a gradual shift toward sustainability and circular economy principles. Leading manufacturers are investing in environmentally friendly materials, low-carbon production processes, and recycling initiatives to meet regulatory demands and customer expectations. There is also a notable trend of consolidation and vertical integration, as companies aim to secure supply chains, reduce costs, and expand their technological capabilities. Looking ahead, the industry is expected to continue evolving in response to energy transitions, smart infrastructure development, and the increasing complexity of electrical and data networks across the globe.
This report aims to provide a comprehensive presentation of the global market for Wire and Cable, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Wire and Cable by region & country, by Type, and by Application.
The Wire and Cable market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wire and Cable.
Market Segmentation
By Company
- Prysmian Group
- Nexans
- Southwire Company
- Sumitomo Electric Industries
- LS Cable & System
- Furukawa Electric Co., Ltd.
- Belden Inc.
- NKT A/S
- Leoni AG
- TE Connectivity
- Amphenol Corporation
- Havells India
- Polycab India Ltd.
- Finolex Cables Ltd.
- Sterlite Technologies Ltd.
- ZTT Group
- Fujikura Ltd.
- Hitachi Cable Ltd.
- J-Power Systems Corporation
- Jiangsu Shangshang Cable Group
- Yuandong Group
- Baosheng Group
- Cable Group
- Dacon Systems Inc.
- American Wire Group
- Daburn Electronics & Cable
- Polytron Devices
Segment by Type
- Copper Conductor
- Aluminum Conductor
- Others
Segment by Application
- Building
- Power Utility
- Data Communication
- Industrial
- Others
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Wire and Cable company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Wire and Cable in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Wire and Cable in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Wire and Cable Product Introduction
- 1.2 Global Wire and Cable Market Size Forecast (2020-2031)
- 1.3 Wire and Cable Market Trends & Drivers
- 1.3.1 Wire and Cable Industry Trends
- 1.3.2 Wire and Cable Market Drivers & Opportunity
- 1.3.3 Wire and Cable Market Challenges
- 1.3.4 Wire and Cable Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Wire and Cable Players Revenue Ranking (2024)
- 2.2 Global Wire and Cable Revenue by Company (2020-2025)
- 2.3 Key Companies Wire and Cable Manufacturing Base Distribution and Headquarters
- 2.4 Key Companies Wire and Cable Product Offered
- 2.5 Key Companies Time to Begin Mass Production of Wire and Cable
- 2.6 Wire and Cable Market Competitive Analysis
- 2.6.1 Wire and Cable Market Concentration Rate (2020-2025)
- 2.6.2 Global 5 and 10 Largest Companies by Wire and Cable Revenue in 2024
- 2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Wire and Cable as of 2024)
- 2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Copper Conductor
- 3.1.2 Aluminum Conductor
- 3.1.3 Others
- 3.2 Global Wire and Cable Sales Value by Type
- 3.2.1 Global Wire and Cable Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Wire and Cable Sales Value, by Type (2020-2031)
- 3.2.3 Global Wire and Cable Sales Value, by Type (%) (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Building
- 4.1.2 Power Utility
- 4.1.3 Data Communication
- 4.1.4 Industrial
- 4.1.5 Others
- 4.2 Global Wire and Cable Sales Value by Application
- 4.2.1 Global Wire and Cable Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Wire and Cable Sales Value, by Application (2020-2031)
- 4.2.3 Global Wire and Cable Sales Value, by Application (%) (2020-2031)
5 Segmentation by Region
- 5.1 Global Wire and Cable Sales Value by Region
- 5.1.1 Global Wire and Cable Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Wire and Cable Sales Value by Region (2020-2025)
- 5.1.3 Global Wire and Cable Sales Value by Region (2026-2031)
- 5.1.4 Global Wire and Cable Sales Value by Region (%), (2020-2031)
- 5.2 North America
- 5.2.1 North America Wire and Cable Sales Value, 2020-2031
- 5.2.2 North America Wire and Cable Sales Value by Country (%), 2024 VS 2031
- 5.3 Europe
- 5.3.1 Europe Wire and Cable Sales Value, 2020-2031
- 5.3.2 Europe Wire and Cable Sales Value by Country (%), 2024 VS 2031
- 5.4 Asia Pacific
- 5.4.1 Asia Pacific Wire and Cable Sales Value, 2020-2031
- 5.4.2 Asia Pacific Wire and Cable Sales Value by Region (%), 2024 VS 2031
- 5.5 South America
- 5.5.1 South America Wire and Cable Sales Value, 2020-2031
- 5.5.2 South America Wire and Cable Sales Value by Country (%), 2024 VS 2031
- 5.6 Middle East & Africa
- 5.6.1 Middle East & Africa Wire and Cable Sales Value, 2020-2031
- 5.6.2 Middle East & Africa Wire and Cable Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Wire and Cable Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Wire and Cable Sales Value, 2020-2031
- 6.3 United States
- 6.3.1 United States Wire and Cable Sales Value, 2020-2031
- 6.3.2 United States Wire and Cable Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Wire and Cable Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Wire and Cable Sales Value, 2020-2031
- 6.4.2 Europe Wire and Cable Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Wire and Cable Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Wire and Cable Sales Value, 2020-2031
- 6.5.2 China Wire and Cable Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Wire and Cable Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Wire and Cable Sales Value, 2020-2031
- 6.6.2 Japan Wire and Cable Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Wire and Cable Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Wire and Cable Sales Value, 2020-2031
- 6.7.2 South Korea Wire and Cable Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Wire and Cable Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Wire and Cable Sales Value, 2020-2031
- 6.8.2 Southeast Asia Wire and Cable Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Wire and Cable Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Wire and Cable Sales Value, 2020-2031
- 6.9.2 India Wire and Cable Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Wire and Cable Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Prysmian Group
- 7.1.1 Prysmian Group Profile
- 7.1.2 Prysmian Group Main Business
- 7.1.3 Prysmian Group Wire and Cable Products, Services and Solutions
- 7.1.4 Prysmian Group Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.1.5 Prysmian Group Recent Developments
- 7.2 Nexans
- 7.2.1 Nexans Profile
- 7.2.2 Nexans Main Business
- 7.2.3 Nexans Wire and Cable Products, Services and Solutions
- 7.2.4 Nexans Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.2.5 Nexans Recent Developments
- 7.3 Southwire Company
- 7.3.1 Southwire Company Profile
- 7.3.2 Southwire Company Main Business
- 7.3.3 Southwire Company Wire and Cable Products, Services and Solutions
- 7.3.4 Southwire Company Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.3.5 Southwire Company Recent Developments
- 7.4 Sumitomo Electric Industries
- 7.4.1 Sumitomo Electric Industries Profile
- 7.4.2 Sumitomo Electric Industries Main Business
- 7.4.3 Sumitomo Electric Industries Wire and Cable Products, Services and Solutions
- 7.4.4 Sumitomo Electric Industries Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.4.5 Sumitomo Electric Industries Recent Developments
- 7.5 LS Cable & System
- 7.5.1 LS Cable & System Profile
- 7.5.2 LS Cable & System Main Business
- 7.5.3 LS Cable & System Wire and Cable Products, Services and Solutions
- 7.5.4 LS Cable & System Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.5.5 LS Cable & System Recent Developments
- 7.6 Furukawa Electric Co., Ltd.
- 7.6.1 Furukawa Electric Co., Ltd. Profile
- 7.6.2 Furukawa Electric Co., Ltd. Main Business
- 7.6.3 Furukawa Electric Co., Ltd. Wire and Cable Products, Services and Solutions
- 7.6.4 Furukawa Electric Co., Ltd. Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.6.5 Furukawa Electric Co., Ltd. Recent Developments
- 7.7 Belden Inc.
- 7.7.1 Belden Inc. Profile
- 7.7.2 Belden Inc. Main Business
- 7.7.3 Belden Inc. Wire and Cable Products, Services and Solutions
- 7.7.4 Belden Inc. Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.7.5 Belden Inc. Recent Developments
- 7.8 NKT A/S
- 7.8.1 NKT A/S Profile
- 7.8.2 NKT A/S Main Business
- 7.8.3 NKT A/S Wire and Cable Products, Services and Solutions
- 7.8.4 NKT A/S Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.8.5 NKT A/S Recent Developments
- 7.9 Leoni AG
- 7.9.1 Leoni AG Profile
- 7.9.2 Leoni AG Main Business
- 7.9.3 Leoni AG Wire and Cable Products, Services and Solutions
- 7.9.4 Leoni AG Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.9.5 Leoni AG Recent Developments
- 7.10 TE Connectivity
- 7.10.1 TE Connectivity Profile
- 7.10.2 TE Connectivity Main Business
- 7.10.3 TE Connectivity Wire and Cable Products, Services and Solutions
- 7.10.4 TE Connectivity Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.10.5 TE Connectivity Recent Developments
- 7.11 Amphenol Corporation
- 7.11.1 Amphenol Corporation Profile
- 7.11.2 Amphenol Corporation Main Business
- 7.11.3 Amphenol Corporation Wire and Cable Products, Services and Solutions
- 7.11.4 Amphenol Corporation Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.11.5 Amphenol Corporation Recent Developments
- 7.12 Havells India
- 7.12.1 Havells India Profile
- 7.12.2 Havells India Main Business
- 7.12.3 Havells India Wire and Cable Products, Services and Solutions
- 7.12.4 Havells India Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.12.5 Havells India Recent Developments
- 7.13 Polycab India Ltd.
- 7.13.1 Polycab India Ltd. Profile
- 7.13.2 Polycab India Ltd. Main Business
- 7.13.3 Polycab India Ltd. Wire and Cable Products, Services and Solutions
- 7.13.4 Polycab India Ltd. Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.13.5 Polycab India Ltd. Recent Developments
- 7.14 Finolex Cables Ltd.
- 7.14.1 Finolex Cables Ltd. Profile
- 7.14.2 Finolex Cables Ltd. Main Business
- 7.14.3 Finolex Cables Ltd. Wire and Cable Products, Services and Solutions
- 7.14.4 Finolex Cables Ltd. Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.14.5 Finolex Cables Ltd. Recent Developments
- 7.15 Sterlite Technologies Ltd.
- 7.15.1 Sterlite Technologies Ltd. Profile
- 7.15.2 Sterlite Technologies Ltd. Main Business
- 7.15.3 Sterlite Technologies Ltd. Wire and Cable Products, Services and Solutions
- 7.15.4 Sterlite Technologies Ltd. Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.15.5 Sterlite Technologies Ltd. Recent Developments
- 7.16 ZTT Group
- 7.16.1 ZTT Group Profile
- 7.16.2 ZTT Group Main Business
- 7.16.3 ZTT Group Wire and Cable Products, Services and Solutions
- 7.16.4 ZTT Group Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.16.5 ZTT Group Recent Developments
- 7.17 Fujikura Ltd.
- 7.17.1 Fujikura Ltd. Profile
- 7.17.2 Fujikura Ltd. Main Business
- 7.17.3 Fujikura Ltd. Wire and Cable Products, Services and Solutions
- 7.17.4 Fujikura Ltd. Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.17.5 Fujikura Ltd. Recent Developments
- 7.18 Hitachi Cable Ltd.
- 7.18.1 Hitachi Cable Ltd. Profile
- 7.18.2 Hitachi Cable Ltd. Main Business
- 7.18.3 Hitachi Cable Ltd. Wire and Cable Products, Services and Solutions
- 7.18.4 Hitachi Cable Ltd. Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.18.5 Hitachi Cable Ltd. Recent Developments
- 7.19 J-Power Systems Corporation
- 7.19.1 J-Power Systems Corporation Profile
- 7.19.2 J-Power Systems Corporation Main Business
- 7.19.3 J-Power Systems Corporation Wire and Cable Products, Services and Solutions
- 7.19.4 J-Power Systems Corporation Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.19.5 J-Power Systems Corporation Recent Developments
- 7.20 Jiangsu Shangshang Cable Group
- 7.20.1 Jiangsu Shangshang Cable Group Profile
- 7.20.2 Jiangsu Shangshang Cable Group Main Business
- 7.20.3 Jiangsu Shangshang Cable Group Wire and Cable Products, Services and Solutions
- 7.20.4 Jiangsu Shangshang Cable Group Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.20.5 Jiangsu Shangshang Cable Group Recent Developments
- 7.21 Yuandong Group
- 7.21.1 Yuandong Group Profile
- 7.21.2 Yuandong Group Main Business
- 7.21.3 Yuandong Group Wire and Cable Products, Services and Solutions
- 7.21.4 Yuandong Group Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.21.5 Yuandong Group Recent Developments
- 7.22 Baosheng Group
- 7.22.1 Baosheng Group Profile
- 7.22.2 Baosheng Group Main Business
- 7.22.3 Baosheng Group Wire and Cable Products, Services and Solutions
- 7.22.4 Baosheng Group Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.22.5 Baosheng Group Recent Developments
- 7.23 Cable Group
- 7.23.1 Cable Group Profile
- 7.23.2 Cable Group Main Business
- 7.23.3 Cable Group Wire and Cable Products, Services and Solutions
- 7.23.4 Cable Group Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.23.5 Cable Group Recent Developments
- 7.24 Dacon Systems Inc.
- 7.24.1 Dacon Systems Inc. Profile
- 7.24.2 Dacon Systems Inc. Main Business
- 7.24.3 Dacon Systems Inc. Wire and Cable Products, Services and Solutions
- 7.24.4 Dacon Systems Inc. Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.24.5 Dacon Systems Inc. Recent Developments
- 7.25 American Wire Group
- 7.25.1 American Wire Group Profile
- 7.25.2 American Wire Group Main Business
- 7.25.3 American Wire Group Wire and Cable Products, Services and Solutions
- 7.25.4 American Wire Group Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.25.5 American Wire Group Recent Developments
- 7.26 Daburn Electronics & Cable
- 7.26.1 Daburn Electronics & Cable Profile
- 7.26.2 Daburn Electronics & Cable Main Business
- 7.26.3 Daburn Electronics & Cable Wire and Cable Products, Services and Solutions
- 7.26.4 Daburn Electronics & Cable Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.26.5 Daburn Electronics & Cable Recent Developments
- 7.27 Polytron Devices
- 7.27.1 Polytron Devices Profile
- 7.27.2 Polytron Devices Main Business
- 7.27.3 Polytron Devices Wire and Cable Products, Services and Solutions
- 7.27.4 Polytron Devices Wire and Cable Revenue (US$ Million) & (2020-2025)
- 7.27.5 Polytron Devices Recent Developments
8 Industry Chain Analysis
- 8.1 Wire and Cable Industrial Chain
- 8.2 Wire and Cable Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Wire and Cable Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Wire and Cable Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer