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Wire and Cable Market Share

Report ID: GMI4859
Published Date: Jun 2024
Report Format: PDF

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Wire and Cable Market Share

Wire and Cable Company Market Share Analysis, 2023

The Prysmian Group stands as a prominent leader in the wire and cable industry, renowned for its extensive expertise in manufacturing a diverse array of wires and cables. Their comprehensive portfolio includes power cables, fiber optic cables, and specialized variants, showcasing their strong heritage in the electrical components industry. Prysmian excels in providing tailored wire and cable solutions to meet a wide range of application needs, thereby reinforcing its dominant position in the market.

Wire and Cable Market Companies

Eminent players operating in the wire and cable industry include:

alfanar Group
Bahra Cables
BELDEN
Brugg Kabel AG
Ducab
Elsewedy Electric
Federal Cables
Fujikura Ltd.
HELUKABEL MiddleEast
Jeddah Cables
KEI Industries Limited
Midal Cables Ltd.
Naficon
Nexans
NIBE Industrier AB
NKT A/S
Power Plus Cables Co. L.L.C.
Prysmian Group
Riyadh Cables
Saudi Cable Company
Sumitomo Electric Industries, Ltd.
ZTT

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of wire and cable was crossed USD 240.3 billion in 2023 and is set to grow at 8.1% CAGR through 2032, due to the adoption of smart grid network.

The power cables segment in the wire and cable market is set to exceed USD 290 billion by 2032 owing to their extensive applications in low rated capacity networks.

Asia Pacific wire and cable market is expected to reach over USD 325 billion by 2032 attributed to rising electricity demand coupled with inadequate grid infrastructure.

Alfanar Group, Bahra Cables, BELDEN, Brugg Kabel AG, Ducab, Elsewedy Electric, Federal Cables, Fujikura Ltd., HELUKABEL MiddleEast, Jeddah Cables, KEI Industries Limited, Midal Cables Ltd., Naficon, and Nexans among others.