Europe Wires and Cables Market Report and Forecast 2025-2034
Description
The Europe wires and cables market size reached approximately USD 49.40 Billion in 2024. The market is projected to grow at a CAGR of 3.20% between 2025 and 2034, reaching a value of around USD 67.69 Billion by 2034.
Cable manufacturers in Europe are recognised worldwide technology leaders. Manufacturers are increasingly developing wires and cables in line with the sustainability needs to accelerate the grid build-up and secure European manufacturing capability for a sustainable energy transition for the region. The EU has set interconnectivity targets, which were upgraded to 15% for 2030. This implies that a nation must have sufficient installed cable capacity to export about 15% of the electricity produced by the country’s power plants to its neighbours. Such initiatives are significantly aiding the Europe wires and cables market growth.
The telecommunication sector is considered a strategic sector and a key asset to the European economy. In 2022, the European telecom sector witnessed a total investment of EUR 59.1 billion . The telecom sector in Europe is constructing the infrastructures for digital and green transformation while speeding up the technological adoption with 5G, edge computing, cloud, Artificial Intelligence, IoT, and cybersecurity, among others.
Germany is a key player in the European wires and cables market. The presence of renewable energy goals and government support for the transition towards EVs are increasing the demand for wires and cables for power transmission and automotive applications. Moreover, the ongoing Industry 4.0 practices are further necessitating the use of high-tech cables for supporting manufacturing digitisation.
Market Segmentation
Europe Wires and Cables Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Voltage
Low Voltage
Medium Voltage
High Voltage
Market Breakup by Product
Power Cables
Building Wires
Flexible Wires and Cables
EHV Cables
Control/Instrumentation Cables
Others
Market Breakup by Material
Copper
Aluminium
Others
Market Breakup by End Use
Construction _x000D_ _x000D_ Residential _x000D_ Commercial _x000D_ _x000D_
Construction _x000D_ _x000D_ Residential _x000D_ Commercial _x000D_ _x000D_
Telecommunications
Energy and Power
Automotive
Aerospace and Defence
Others
Telecommunications
Energy and Power
Automotive
Aerospace and Defence
Others
Market Breakup by Country
Germany
United Kingdom
France
Italy
Others
Competitive Landscape
Manufacturers are increasingly focusing on offering improved products to consumers using advanced materials.
Nexans S.A.
Prysmian S.p.A.
Furukawa Electric Co. Ltd.
Leoni AG
KEI Industries Limited
Cable Harnesses UK Ltd.
Sumitomo Electric Industries, Ltd.
Heatsense Cables Limited
Tratos Cavi S.p.A
Cleveland Cable Company
Others
Cable manufacturers in Europe are recognised worldwide technology leaders. Manufacturers are increasingly developing wires and cables in line with the sustainability needs to accelerate the grid build-up and secure European manufacturing capability for a sustainable energy transition for the region. The EU has set interconnectivity targets, which were upgraded to 15% for 2030. This implies that a nation must have sufficient installed cable capacity to export about 15% of the electricity produced by the country’s power plants to its neighbours. Such initiatives are significantly aiding the Europe wires and cables market growth.
The telecommunication sector is considered a strategic sector and a key asset to the European economy. In 2022, the European telecom sector witnessed a total investment of EUR 59.1 billion . The telecom sector in Europe is constructing the infrastructures for digital and green transformation while speeding up the technological adoption with 5G, edge computing, cloud, Artificial Intelligence, IoT, and cybersecurity, among others.
Germany is a key player in the European wires and cables market. The presence of renewable energy goals and government support for the transition towards EVs are increasing the demand for wires and cables for power transmission and automotive applications. Moreover, the ongoing Industry 4.0 practices are further necessitating the use of high-tech cables for supporting manufacturing digitisation.
Market Segmentation
Europe Wires and Cables Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Voltage
Low Voltage
Medium Voltage
High Voltage
Market Breakup by Product
Power Cables
Building Wires
Flexible Wires and Cables
EHV Cables
Control/Instrumentation Cables
Others
Market Breakup by Material
Copper
Aluminium
Others
Market Breakup by End Use
Construction _x000D_ _x000D_ Residential _x000D_ Commercial _x000D_ _x000D_
Construction _x000D_ _x000D_ Residential _x000D_ Commercial _x000D_ _x000D_
Telecommunications
Energy and Power
Automotive
Aerospace and Defence
Others
Telecommunications
Energy and Power
Automotive
Aerospace and Defence
Others
Market Breakup by Country
Germany
United Kingdom
France
Italy
Others
Competitive Landscape
Manufacturers are increasingly focusing on offering improved products to consumers using advanced materials.
Nexans S.A.
Prysmian S.p.A.
Furukawa Electric Co. Ltd.
Leoni AG
KEI Industries Limited
Cable Harnesses UK Ltd.
Sumitomo Electric Industries, Ltd.
Heatsense Cables Limited
Tratos Cavi S.p.A
Cleveland Cable Company
Others
Table of Contents
132 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Countries
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Wires and Cables Market Overview
- 5.1 Key Industry Highlights
- 5.2 Global Wires and Cables Historical Market (2018-2024)
- 5.3 Global Wires and Cables Market Forecast (2025-2034)
- 5.4 Global Wires and Cables Market Share by Region
- 5.4.1 North America
- 5.4.2 Europe
- 5.4.3 Asia Pacific
- 5.4.4 Latin America
- 5.4.5 Middle East and Africa
- 6 Europe Wires and Cables Market Overview
- 6.1 Key Industry Highlights
- 6.2 Europe Wires and Cables Historical Market (2018-2024)
- 6.3 Europe Wires and Cables Market Forecast (2025-2034)
- 7 Europe Wires and Cables Market by Voltage
- 7.1 Low Voltage
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Medium Voltage
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 High Voltage
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 8 Europe Wires and Cables Market by Product
- 8.1 Power Cables
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Building Wires
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 Flexible Wires and Cables
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 EHV Cables
- 8.4.1 Historical Trend (2018-2024)
- 8.4.2 Forecast Trend (2025-2034)
- 8.5 Control/Instrumentation Cables
- 8.5.1 Historical Trend (2018-2024)
- 8.5.2 Forecast Trend (2025-2034)
- 8.6 Others
- 9 Europe Wires and Cables Market by Material
- 9.1 Copper
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Aluminium
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Others
- 10 Europe Wires and Cables Market by End Use
- 10.1 Construction
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.1.3 Breakup by Type
- 10.1.3.1 Residential
- 10.1.3.2 Commercial
- 10.2 Telecommunications
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Energy and Power
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 Automotive
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Aerospace and Defence
- 10.5.1 Historical Trend (2018-2024)
- 10.5.2 Forecast Trend (2025-2034)
- 10.6 Others
- 11 Europe Wires and Cables Market by Country
- 11.1 Germany
- 11.1.1 Historical Trend (2018-2024)
- 11.1.2 Forecast Trend (2025-2034)
- 11.2 United Kingdom
- 11.2.1 Historical Trend (2018-2024)
- 11.2.2 Forecast Trend (2025-2034)
- 11.3 France
- 11.3.1 Historical Trend (2018-2024)
- 11.3.2 Forecast Trend (2025-2034)
- 11.4 Italy
- 11.4.1 Historical Trend (2018-2024)
- 11.4.2 Forecast Trend (2025-2034)
- 11.5 Others
- 12 Market Dynamics
- 12.1 SWOT Analysis
- 12.1.1 Strengths
- 12.1.2 Weaknesses
- 12.1.3 Opportunities
- 12.1.4 Threats
- 12.2 Porter’s Five Forces Analysis
- 12.2.1 Supplier’s Power
- 12.2.2 Buyer’s Power
- 12.2.3 Threat of New Entrants
- 12.2.4 Degree of Rivalry
- 12.2.5 Threat of Substitutes
- 12.3 Key Indicators of Demand
- 12.4 Key Indicators of Price
- 13 Value Chain Analysis
- 14 Trade Data Analysis (HS Code – – 854411, 854419, 85442)
- 14.1 Major Exporting Countries
- 14.1.1 By Value
- 14.1.2 By Volume
- 14.2 Major Importing Countries
- 14.2.1 By Value
- 14.2.2 By Volume
- 15 Price Analysis
- 16 Competitive Landscape
- 16.1 Supplier Selection
- 16.2 Key Global Players
- 16.3 Key Regional Players
- 16.4 Key Player Strategies
- 16.5 Company Profiles
- 16.5.1 Nexans S.A.
- 16.5.1.1 Company Overview
- 16.5.1.2 Product Portfolio
- 16.5.1.3 Demographic Reach and Achievements
- 16.5.1.4 Certifications
- 16.5.2 Prysmian S.p.A.
- 16.5.2.1 Company Overview
- 16.5.2.2 Product Portfolio
- 16.5.2.3 Demographic Reach and Achievements
- 16.5.2.4 Certifications
- 16.5.3 Furukawa Electric Co. Ltd.
- 16.5.3.1 Company Overview
- 16.5.3.2 Product Portfolio
- 16.5.3.3 Demographic Reach and Achievements
- 16.5.3.4 Certifications
- 16.5.4 Leoni AG
- 16.5.4.1 Company Overview
- 16.5.4.2 Product Portfolio
- 16.5.4.3 Demographic Reach and Achievements
- 16.5.4.4 Certifications
- 16.5.5 KEI Industries Limited
- 16.5.5.1 Company Overview
- 16.5.5.2 Product Portfolio
- 16.5.5.3 Demographic Reach and Achievements
- 16.5.5.4 Certifications
- 16.5.6 Cable Harnesses UK Ltd.
- 16.5.6.1 Company Overview
- 16.5.6.2 Product Portfolio
- 16.5.6.3 Demographic Reach and Achievements
- 16.5.6.4 Certifications
- 16.5.7 Sumitomo Electric Industries, Ltd.
- 16.5.7.1 Company Overview
- 16.5.7.2 Product Portfolio
- 16.5.7.3 Demographic Reach and Achievements
- 16.5.7.4 Certifications
- 16.5.8 Heatsense Cables Limited
- 16.5.8.1 Company Overview
- 16.5.8.2 Product Portfolio
- 16.5.8.3 Demographic Reach and Achievements
- 16.5.8.4 Certifications
- 16.5.9 Tratos Cavi S.p.A
- 16.5.9.1 Company Overview
- 16.5.9.2 Product Portfolio
- 16.5.9.3 Demographic Reach and Achievements
- 16.5.9.4 Certifications
- 16.5.10 Cleveland Cable Company
- 16.5.10.1 Company Overview
- 16.5.10.2 Product Portfolio
- 16.5.10.3 Demographic Reach and Achievements
- 16.5.10.4 Certifications
- 16.5.11 Others
Pricing
Currency Rates
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