United States Wires and Cables Market Report and Forecast 2025-2034
Description
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
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
Table of Contents
90 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 Regions
- 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 North America Wires and Cables Market Overview
- 5.1 Key Industry Highlights
- 5.2 North America Wires and Cables Historical Market (2018-2024)
- 5.3 North America Wires and Cables Market Forecast (2025-2034)
- 5.4 North America Wires and Cables Market by Country
- 5.4.1 United States
- 5.4.2 Canada
- 6 United States Wires and Cables Market Overview
- 6.1 Key Industry Highlights
- 6.2 United States Wires and Cables Historical Market (2018-2024)
- 6.3 United States Wires and Cables Market Forecast (2025-2034)
- 7 United States 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 United States 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 United States 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 Aluminum
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Others
- 10 United States 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 United States Wires and Cables Market by Region
- 11.1 New England
- 11.1.1 Historical Trend (2018-2024)
- 11.1.2 Forecast Trend (2025-2034)
- 11.2 Mideast
- 11.2.1 Historical Trend (2018-2024)
- 11.2.2 Forecast Trend (2025-2034)
- 11.3 Great Lakes
- 11.3.1 Historical Trend (2018-2024)
- 11.3.2 Forecast Trend (2025-2034)
- 11.4 Plains
- 11.4.1 Historical Trend (2018-2024)
- 11.4.2 Forecast Trend (2025-2034)
- 11.5 Southeast
- 11.5.1 Historical Trend (2018-2024)
- 11.5.2 Forecast Trend (2025-2034)
- 11.6 Southwest
- 11.6.1 Historical Trend (2018-2024)
- 11.6.2 Forecast Trend (2025-2034)
- 11.7 Rocky Mountain
- 11.7.1 Historical Trend (2018-2024)
- 11.7.2 Forecast Trend (2025-2034)
- 11.8 Far West
- 11.8.1 Historical Trend (2018-2024)
- 11.8.2 Forecast Trend (2025-2034)
- 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 for Demand
- 12.4 Key Indicators for 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 Southwire Company, LLC
- 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 TE Connectivity Ltd.
- 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 Amphenol Corporation
- 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 Furukawa Electric Co. Ltd.
- 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 Micro-Tek Corporation
- 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 Sumitomo Electric Industries 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 Belden Inc.
- 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 Nexans S.A.
- 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 Encore Wire Corp.
- 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 Dacon Systems, Inc.
- 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
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
