Europe Control Cable Market Size - By Cable Type, By Voltage, By Application, Analysis, Share, & Forecast, 2025 - 2034

Report ID: GMI8716
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Published Date: December 2024
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Report Format: PDF

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Europe Control Cable Market Size

The Europe control cable market was valued at USD 4.5 billion in 2024 and is estimated to grow at a CAGR 7.2% from 2025 to 2034, due to the increasing demand for reliable power and control systems across various industries, including utilities, manufacturing, and transportation. This growth is fueled by technological advancements in industrial automation, the expansion of renewable energy projects, and rising investments in infrastructure upgrades. Additionally, the demand for high-performance cables to support electric vehicles (EVs) and industrial machinery is driving innovation.
 

Europe Control Cable Market

Countries such as Germany, the UK, and France are major contributors to this expansion, with a strong push toward modernizing electrical grids and supporting smart technologies. The market also benefits from the development of low and medium-voltage cables, which are gaining popularity due to their cost-effectiveness and safety features. These trends are expected to sustain growth over the forecast period, with major manufacturers like Nexans SA and Prysmian SpA leading the way in providing advanced cable solutions?.
 

Europe Control Cable Market Trends

The increasing adoption of smart technologies in industrial automation is one of the primary drivers. Control cables are essential for transmitting data and managing control systems in industries such as manufacturing, energy, and telecommunications. The integration of IoT (Internet of Things) devices and automation in industrial operations has heightened the demand for control cables capable of handling both data and power transmission efficiently?.
 

As Europe continues to invest in renewable energy, particularly in offshore wind farms and solar power, the demand for control cables that can integrate renewable energy sources into the grid is growing. Control cables are vital for managing power distribution and supporting smart grid technology. This trend is fueled by government initiatives and investments aimed at enhancing grid reliability and efficiency?. Regulatory pressure on energy efficiency and sustainability has led to the development of control cables that meet higher environmental standards.
 

Manufacturers are focusing on cables with lower energy losses, longer lifespans, and eco-friendly materials. The emphasis on sustainability is not only aimed at reducing carbon footprints but also at addressing growing consumer demand for environmentally conscious products?. As industries become more reliant on automation and digital systems, the need for high-reliability cables becomes even more critical. Control cables that meet stringent safety standards are in higher demand, particularly in sectors like manufacturing and utilities, where operational disruptions can be costly. Additionally, advancements in cable insulation and shielding technologies are making control cables safer and more durable?.
 

Europe Control Cable Market Analysis

Europe Control Cable Market Size, By Cable Type, 2022 - 2034 (USD Billion)

The CY cable segment in the Europe control cable industry is anticipated to surpass USD 1.7 billion by 2034 due to its versatile application and growing demand in various industries. These cables, which feature a braided copper shield and are designed to prevent electromagnetic interference (EMI), are increasingly preferred in industries such as manufacturing, automation, and energy. As industries continue to adopt advanced automation systems and smart technologies, the need for cables that ensure stable and reliable signal transmission is rising. CY control cables are especially critical in environments where data integrity and protection from external interference are crucial?.
 

Europe Control Cable Market Share, By Voltage, 2024

Based on voltage, the low voltage segment in the Europe control cable market is projected to achieve a CAGR of over 7% through 2034, driven by the increasing demand for automation and smart technologies across industries such as manufacturing, construction, and telecommunications. As industrial systems become more complex and integrated with digital technologies, the need for reliable low voltage cables for signal transmission and power distribution grows. Additionally, the growth in residential and commercial buildings, coupled with the expansion of infrastructure for renewable energy projects, is further driving the demand for low voltage control cables.
 

UK Control Cable Market Size, 2022 - 2034,  (USD Million)

The Germany control cable market is projected to surpass USD 2 billion by 2034, due to the rapid expansion of industrial automation and the increased adoption of smart technologies across sectors such as manufacturing, energy, and telecommunications. As German industries modernize and integrate advanced digital systems, the demand for reliable control cables that ensure smooth data transmission and system control is growing.
 

Europe Control Cable Market Share

Europe Control Cable Company Market Share Analysis, 2024

Prysmian Group and Belden Inc. hold a significant share of the Europe control cable industry, leveraging a range of strategic and operational strengths. These companies offer a comprehensive portfolio of power and Europe control cables, covering low, medium, and high-voltage options, along with specialized cables designed for industrial, renewable energy, and infrastructure applications. Both Prysmian and Belden are known for their considerable investments in research and development, fostering the creation of innovative, high-performance, and sustainable cable solutions.
 

Europe Control Cable Market Companies

Major players operating in the Europe control cables industry are:

  • Belden
  • Brugg Cables
  • Eland Cables
  • Furukawa Electric
  • KEC International
  • KEI Industries
  • Klaus Faber
  • LS Cable & System
  • Nexans
  • NKT
  • Prysmian Group
  • RR Kabel
  • Southwire Company
  • Sumitomo Electric Industries
  • Universal Cables
     

Europe Control Cable Industry News

  • In January 2023, Nexans partnered with TriMet to develop a recycled aluminum material for the aluminium rod manufacturing used in electrical cables. These companies are carbon footprint reduction as the product has the ability to fulfil technical requirements.
     

This Europe control cable market research report includes in-depth coverage of the industry with estimates & forecast in terms of ‘USD Million’ and ‘’000 Tonnes’ from 2021 to 2034, for the following segments:

Market, By Cable Type

  • CY Cable
  • YY Cable
  • SY Cable
  • LiYCY Cable
  • LiYY Cable
  • LiHH Cable
  • LiHCH Cable

Market, By Voltage

  • Low
  • Medium
  • High

Market, By Application

  • Conveyor Systems
  • Assembly Links
  • Robotics Production Lines
  • Air Conditioning Systems
  • Machine
  • Tool Manufacturing
  • Power Distribution

The above information has been provided for the following countries:

  • UK
  • France
  • Germany
  • Italy
  • Russia
  • Spain

 

Authors: Ankit Gupta, Utkarsh Mahajan
Frequently Asked Question(FAQ) :
What trends are driving the Germany control cable market?
The Germany control cable market is projected to exceed USD 2 billion by 2034, led by rapid industrial automation and the adoption of smart technologies in manufacturing, energy, and telecommunications sectors.
What is the growth outlook for the low voltage segment in the Europe control cable market?
Why is the CY cable segment gaining traction?
How big is the Europe control cable market?
Who are the major players in the Europe control cable market?
Europe Control Cable Market Scope
  • Europe Control Cable Market Size
  • Europe Control Cable Market Trends
  • Europe Control Cable Market Analysis
  • Europe Control Cable Market Share
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    Base Year: 2024

    Companies covered: 15

    Tables & Figures: 20

    Countries covered: 6

    Pages: 100

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