The United States wires and cables market size reached approximately USD 31.80 Billion in 2024. The market is projected to grow at a CAGR of 3.00% between 2025 and 2034, reaching a value of around USD 42.74 Billion by 2034.
The country’s economy, national security, and health and safety of citizens depend on the reliable delivery of electricity. The electric grid in the United States has over 9,200 electric generating units with more than 1 million megawatts of generating capacity connected to over 600,000 miles of transmission lines . The grid modernisation, which includes the deployment of smart grid technology, and distributed energy resources, is leading to an increased use of wires and cables. The United States wires and cables market is being driven by rising construction and renovation activities. Reportedly, in 2020, the American population spent USD 363 billion on home improvements, renovations, and repairs, which further reached to USD 406 billion in 2021. This marked an 11.8% increase from 2020 and about three times the average annual growth of 4.4%.
Copper is a common raw material for the manufacture of wires and cables, due to its high ductility and conductivity. In 2022, copper production in the United States was about 1.3 million tons (t), representing an increase of 6% as compared to 2021. The improved availability of raw materials is aiding the United States wires and cables market.
In 2022, Arizona, with the presence of major companies such as Freeport-McMoRan, Asarco, Carlota Copper (a subsidiary of KGHM International), Taseko Mines' Florence Copper asset, and Excelsior Mining stood as the leading producer of copper amounting to about 70% of domestic output. The other states with copper production are Western States like Nevada, New Mexico, and Utah.
Market Segmentation
United States 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 Region
New England
Mideast
Great Lakes
Plains
Southeast
Southwest
Rocky Mountain
Far West
Competitive Landscape
Companies are adopting energy-efficient processes and technologies for the manufacture of wires and cables for reducing both operational costs and the carbon footprint.
Southwire Company, LLC
TE Connectivity Ltd
Amphenol Corporation
Furukawa Electric Co. Ltd
Micro-Tek Corporation
Sumitomo Electric Industries Ltd
Belden Inc
Nexans S.A.
Encore Wire Corp.
Dacon Systems, Inc
Others
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