Middle East & Africa Power and Control Cable Market Analysis

Middle East & Africa Power and Control Cable Market Analysis

Based on product, the power cable segment is projected surpass USD 27 billion in 2032. Rapid infrastructure development including residential, commercial, and industrial projects, necessitates reliable power transmission systems, thereby increasing the product demand. Aging power infrastructure in the region is being replaced and upgraded, driving significant demand for power cables to improve efficiency and reliability. Furthermore, governments in the region are actively investing in power infrastructure development and promoting energy-efficient solutions, contributing to the adoption of advanced power cables.
 

The medium voltage segment is anticipated to grow at a CAGR of over 6.5% through 2032, fuelled by its extensive applications in residential, commercial, and industrial sectors. These cables are widely used for power distribution in urban areas, shopping centres, and office buildings, driving their demand across industries. Governments in the region focus on upgrading power distribution networks and implementing clean energy initiatives, requiring medium voltage cables for efficient energy transmission. Their flexibility, compatibility, and cost-effectiveness make medium voltage cables the preferred choice, boosting their market share and cementing their significance in the region's energy landscape.
 

Egypt power and control cable market is estimated to reach USD 6 billion by 2032, owing to country’s rapidly growing economy and large population, which in turn is driving the demand for electricity and infrastructure development, thus making the country an attractive market for power cable manufacturers and investors. Its strategic location and access to regional markets further contribute to its dominance in the market. The government's focus on energy-efficient infrastructure development also plays a significant role in boosting the demand for power and control cables.
 

In addition, the ongoing regional interconnection projects, including Egypt-Sudan Electricity Interconnection Project and Egypt-Saudi Arabia Interconnection Project will boost the industry landscape. These initiatives promote regional collaboration and drive demand for these cables.