Wires and cables are a conductor or group of conductors used for transmitting power or telecommunications signals. In electrical field, wires and cables are mainly designed to carry electrical current from one point to another point. Telecommunication cables are used in extremely wide range of applications including voice, data and signal transmission using various media such as fiber optic, coaxial conductors, copper conductors, etc. The global wire and cable market market is projected to rise by USD 100 billion by 2028, according to a new report by Gen Consulting Company. It is anticipated to expand at a CAGR of 5.2 percent during the forecast period.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global wire and cable market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the wire and cable industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, end user, and region. The global market for wire and cable can be segmented by product: power cables, telecom cables. In 2021, the power cables segment made up the largest share of revenue generated by the wire and cable market. Wire and cable market is further segmented by end user: commercial, energy & utilities, industrial, residential, others. Based on region, the wire and cable market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW).

By product:
– power cables
– telecom cables

By end user:
– commercial
– energy & utilities
– industrial
– residential
– others

By region:
– Asia Pacific
– Europe
– North America
– Rest of the World (RoW)

The power cables market is further segmented into extra-low voltage (ELV) power cable, high-voltage power cable, low-voltage power cable. Furthermore, the telecom cables market has been categorized into metal communication cable, fiber optic cable. The metal communication cable segment captured the largest share of the market in 2021 and is expected to maintain its dominance during the forecast period. On the basis of country level, the market of wire and cable is sub divided into USA, Canada, Mexico, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, South Korea, Brazil.

The report explores the recent developments and profiles of key vendors in the Global Wire and Cable Market, including Baosheng High Voltage Cable Co., Ltd., Belden Incorporated, Corning Inc., Fiberhome Telecommunication Technologies Co., Ltd., Finolex Cables Limited, Fujikura Ltd., Furukawa Electric Co., Ltd., Hengtong Group Co., Ltd., Jiangsu Zhongli Group Co., Ltd., Leoni AG, LS Cables & System Ltd., Nexans S.A., NKT A/S, Prysmian S.p.A., Saudi Cable Company, Southwire Company, LLC, Sumitomo Corporation, Wuxi Jiangnan Cable Co., Ltd., Yazaki Corporation, Zhejiang Wanma Co., Ltd., among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
– To analyze and forecast the market size of the global wire and cable market.
– To classify and forecast the global wire and cable market based on product, end user, region.
– To identify drivers and challenges for the global wire and cable market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global wire and cable market.
– To identify and analyze the profile of leading players operating in the global wire and cable market.

Why Choose This Report
– Gain a reliable outlook of the global wire and cable market forecasts from 2022 to 2028 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.