The Europe Wires and Cables Market would witness market growth of 5.3% CAGR during the forecast period (2020-2026). Raw materials like aluminum, alloys, copper, tungsten, and plastics like polypropylene and Polyvinyl Chloride, are used in the making of wires and cables. The cost of these materials covers 60% of the total cost of the product. Major utilization of the financial resources is consumed by the raw materials & work-in-progress cost.
Exploration costs, increasing labor prices, and the relationship between mining companies & the government caused the instability in the supply & cost of raw materials, and this will become a major obstacle for the manufacturers of cables. The cable manufacturers can either include the additional costs, make new ways to control these expenses or raise the cost of the end-product. Although, the rising cost of products restricts the total sales of the product, thus hamper the growth of the wires and cables market.
The growth of the market is also boosted by many factors like the increasing power generation, power distribution domain from renewable energy resources, and demand from automotive & non-automotive sectors. The growing industrialization and urbanization are among the major reasons which are driving the market growth. The demand for underground and submarine cables is constantly increasing due to the requirement of power grid interconnections in the populous region. The European region are shifting from overhead cables to underground cables. The underground cables decrease the requirement of space and deliver a reliable supply of electricity.
Based on Installation Type, the market is segmented into Overhead and Underground. Based on Voltage, the market is segmented into Low Voltage, Medium Voltage, High Voltage and Extra High Voltage. Based on End User, the market is segmented into Energy & Power, IT & Telecommunication, Building & Construction, Aerospace & Defense, Oil & Gas and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The Germany market dominated the Europe High Voltage Wires and Cables Market by Country 2019, growing at a CAGR of 5 % during the forecast period. The UK market is exhibiting a CAGR of 5.3% during (2020 - 2026). Additionally, The France market is anticipated to grow at a CAGR of 6.8% during (2020 - 2026).
The Energy & Power market dominated the Spain Wires and Cables Market by End User 2019, thereby, achieving a market value of $1,375.4 million by 2026. The IT & Telecommunication market is estimated to grow at a CAGR of 5.9% during (2020 - 2026). The Building & Construction market is showcasing a CAGR of 8.1% during (2020 - 2026). Additionally, The Aerospace & Defense market is expected to witness highest CAGR of 8.8% during (2020 - 2026).
Free Valuable Insights: Wires and Cables Market in Europe is expected to register a CAGR of 5.3% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include LS Cable & System Ltd., Prysmian Group, Nexans SA, LEONI Group, Furukawa Electric Co., Ltd., Belden, Inc., Encore Wire Corporation, Fujikura Ltd., KEI Industries Limited, and Southwire Company, LLC.
Scope of the Study
Market Segments Covered in the Report:
By Installation Type
By Voltage
- Low Voltage
- Medium Voltage
- High Voltage
- Extra High Voltage
By End User
- Energy & Power
- IT & Telecommunication
- Building & Construction
- Aerospace & Defense
- Oil & Gas
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- LS Cable & System Ltd.
- Prysmian Group
- Nexans SA
- LEONI Group
- Furukawa Electric Co., Ltd.
- Belden, Inc.
- Encore Wire Corporation
- Fujikura Ltd.
- KEI Industries Limited
- Southwire Company, LLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Wires and Cables Market, by Installation Type
1.4.2 Europe Wires and Cables Market, by Voltage
1.4.3 Europe Wires and Cables Market, by End User
1.4.4 Europe Wires and Cables Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Aug – 2020, Dec) Leading Players
Chapter 4. Europe Wires and Cables Market by Installation Type
4.1 Europe Overhead Wires and Cables Market by Country
4.2 Europe Underground Wires and Cables Market by Country
Chapter 5. Europe Wires and Cables Market by Voltage
5.1 Europe Low Voltage Wires and Cables Market by Country
5.2 Europe Medium Voltage Wires and Cables Market by Country
5.3 Europe High Voltage Wires and Cables Market by Country
5.4 Europe Extra High Voltage Wires and Cables Market by Country
Chapter 6. Europe Wires and Cables Market by End User
6.1 Europe Energy & Power Wires and Cables Market by Country
6.2 Europe IT & Telecommunication Wires and Cables Market by Country
6.3 Europe Building & Construction Wires and Cables Market by Country
6.4 Europe Aerospace & Defense Wires and Cables Market by Country
6.5 Europe Oil & Gas Wires and Cables Market by Country
6.6 Europe Others Wires and Cables Market by Country
Chapter 7. Europe Wires and Cables Market by Country
7.1 Germany Wires and Cables Market
7.1.1 Germany Wires and Cables Market by Installation Type
7.1.2 Germany Wires and Cables Market by Voltage
7.1.3 Germany Wires and Cables Market by End User
7.2 UK Wires and Cables Market
7.2.1 UK Wires and Cables Market by Installation Type
7.2.2 UK Wires and Cables Market by Voltage
7.2.3 UK Wires and Cables Market by End User
7.3 France Wires and Cables Market
7.3.1 France Wires and Cables Market by Installation Type
7.3.2 France Wires and Cables Market by Voltage
7.3.3 France Wires and Cables Market by End User
7.4 Russia Wires and Cables Market
7.4.1 Russia Wires and Cables Market by Installation Type
7.4.2 Russia Wires and Cables Market by Voltage
7.4.3 Russia Wires and Cables Market by End User
7.5 Spain Wires and Cables Market
7.5.1 Spain Wires and Cables Market by Installation Type
7.5.2 Spain Wires and Cables Market by Voltage
7.5.3 Spain Wires and Cables Market by End User
7.6 Italy Wires and Cables Market
7.6.1 Italy Wires and Cables Market by Installation Type
7.6.2 Italy Wires and Cables Market by Voltage
7.6.3 Italy Wires and Cables Market by End User
7.7 Rest of Europe Wires and Cables Market
7.7.1 Rest of Europe Wires and Cables Market by Installation Type
7.7.2 Rest of Europe Wires and Cables Market by Voltage
7.7.3 Rest of Europe Wires and Cables Market by End User
Chapter 8. Company Profiles
8.1 LS Cable & System Ltd.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Research & Development Expense
8.1.4 Recent strategies and developments:
8.1.4.1 Partnerships, Collaborations, and Agreements:
8.1.4.2 Product Launches and Product Expansions:
8.1.4.3 Geographical Expansions:
8.2 Prysmian Group
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Acquisition and Mergers:
8.3 Nexans SA
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.4 LEONI Group
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Geographical Expansions:
8.5 Furukawa Electric Co., Ltd.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Acquisition and Mergers:
8.5.5.2 Product Launches and Product Expansions:
8.6 Belden, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.5.2 Product Launches and Product Expansions:
8.6.5.3 Geographical Expansions:
8.6.5.4 Acquisition and Mergers:
8.7 Encore Wire Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Recent strategies and developments:
8.7.3.1 Acquisition and Mergers:
8.8 Fujikura Ltd.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.9 KEI Industries Limited
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Recent strategies and developments:
8.9.4.1 Geographical Expansions:
8.10. Southwire Company, LLC
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Product Launches and Product Expansions:
8.10.2.2 Acquisition and Mergers:
TABLE 1 Europe Wires and Cables Market, 2016 - 2019, USD Million
TABLE 2 Europe Wires and Cables Market, 2020 - 2026, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Wires and Cables Market
TABLE 4 Product Launches And Product Expansions– Wires and Cables Market
TABLE 5 Geographical Expansions– Wires and Cables Market
TABLE 6 Acquisition and Mergers– Wires and Cables Market
TABLE 7 Europe Wires and Cables Market by Installation Type, 2016 - 2019, USD Million
TABLE 8 Europe Wires and Cables Market by Installation Type, 2020 - 2026, USD Million
TABLE 9 Europe Overhead Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 10 Europe Overhead Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 11 Europe Underground Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 12 Europe Underground Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 13 Europe Wires and Cables Market by Voltage, 2016 - 2019, USD Million
TABLE 14 Europe Wires and Cables Market by Voltage, 2020 - 2026, USD Million
TABLE 15 Europe Low Voltage Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 16 Europe Low Voltage Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 17 Europe Medium Voltage Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 18 Europe Medium Voltage Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 19 Europe High Voltage Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 20 Europe High Voltage Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 21 Europe Extra High Voltage Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 22 Europe Extra High Voltage Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 23 Europe Wires and Cables Market by End User, 2016 - 2019, USD Million
TABLE 24 Europe Wires and Cables Market by End User, 2020 - 2026, USD Million
TABLE 25 Europe Energy & Power Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 26 Europe Energy & Power Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 27 Europe IT & Telecommunication Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 28 Europe IT & Telecommunication Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 29 Europe Building & Construction Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 30 Europe Building & Construction Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 31 Europe Aerospace & Defense Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 32 Europe Aerospace & Defense Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 33 Europe Oil & Gas Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 34 Europe Oil & Gas Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 35 Europe Others Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 36 Europe Others Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 37 Europe Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 38 Europe Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 39 Germany Wires and Cables Market, 2016 - 2019, USD Million
TABLE 40 Germany Wires and Cables Market, 2020 - 2026, USD Million
TABLE 41 Germany Wires and Cables Market by Installation Type, 2016 - 2019, USD Million
TABLE 42 Germany Wires and Cables Market by Installation Type, 2020 - 2026, USD Million
TABLE 43 Germany Wires and Cables Market by Voltage, 2016 - 2019, USD Million
TABLE 44 Germany Wires and Cables Market by Voltage, 2020 - 2026, USD Million
TABLE 45 Germany Wires and Cables Market by End User, 2016 - 2019, USD Million
TABLE 46 Germany Wires and Cables Market by End User, 2020 - 2026, USD Million
TABLE 47 UK Wires and Cables Market, 2016 - 2019, USD Million
TABLE 48 UK Wires and Cables Market, 2020 - 2026, USD Million
TABLE 49 UK Wires and Cables Market by Installation Type, 2016 - 2019, USD Million
TABLE 50 UK Wires and Cables Market by Installation Type, 2020 - 2026, USD Million
TABLE 51 UK Wires and Cables Market by Voltage, 2016 - 2019, USD Million
TABLE 52 UK Wires and Cables Market by Voltage, 2020 - 2026, USD Million
TABLE 53 UK Wires and Cables Market by End User, 2016 - 2019, USD Million
TABLE 54 UK Wires and Cables Market by End User, 2020 - 2026, USD Million
TABLE 55 France Wires and Cables Market, 2016 - 2019, USD Million
TABLE 56 France Wires and Cables Market, 2020 - 2026, USD Million
TABLE 57 France Wires and Cables Market by Installation Type, 2016 - 2019, USD Million
TABLE 58 France Wires and Cables Market by Installation Type, 2020 - 2026, USD Million
TABLE 59 France Wires and Cables Market by Voltage, 2016 - 2019, USD Million
TABLE 60 France Wires and Cables Market by Voltage, 2020 - 2026, USD Million
TABLE 61 France Wires and Cables Market by End User, 2016 - 2019, USD Million
TABLE 62 France Wires and Cables Market by End User, 2020 - 2026, USD Million
TABLE 63 Russia Wires and Cables Market, 2016 - 2019, USD Million
TABLE 64 Russia Wires and Cables Market, 2020 - 2026, USD Million
TABLE 65 Russia Wires and Cables Market by Installation Type, 2016 - 2019, USD Million
TABLE 66 Russia Wires and Cables Market by Installation Type, 2020 - 2026, USD Million
TABLE 67 Russia Wires and Cables Market by Voltage, 2016 - 2019, USD Million
TABLE 68 Russia Wires and Cables Market by Voltage, 2020 - 2026, USD Million
TABLE 69 Russia Wires and Cables Market by End User, 2016 - 2019, USD Million
TABLE 70 Russia Wires and Cables Market by End User, 2020 - 2026, USD Million
TABLE 71 Spain Wires and Cables Market, 2016 - 2019, USD Million
TABLE 72 Spain Wires and Cables Market, 2020 - 2026, USD Million
TABLE 73 Spain Wires and Cables Market by Installation Type, 2016 - 2019, USD Million
TABLE 74 Spain Wires and Cables Market by Installation Type, 2020 - 2026, USD Million
TABLE 75 Spain Wires and Cables Market by Voltage, 2016 - 2019, USD Million
TABLE 76 Spain Wires and Cables Market by Voltage, 2020 - 2026, USD Million
TABLE 77 Spain Wires and Cables Market by End User, 2016 - 2019, USD Million
TABLE 78 Spain Wires and Cables Market by End User, 2020 - 2026, USD Million
TABLE 79 Italy Wires and Cables Market, 2016 - 2019, USD Million
TABLE 80 Italy Wires and Cables Market, 2020 - 2026, USD Million
TABLE 81 Italy Wires and Cables Market by Installation Type, 2016 - 2019, USD Million
TABLE 82 Italy Wires and Cables Market by Installation Type, 2020 - 2026, USD Million
TABLE 83 Italy Wires and Cables Market by Voltage, 2016 - 2019, USD Million
TABLE 84 Italy Wires and Cables Market by Voltage, 2020 - 2026, USD Million
TABLE 85 Italy Wires and Cables Market by End User, 2016 - 2019, USD Million
TABLE 86 Italy Wires and Cables Market by End User, 2020 - 2026, USD Million
TABLE 87 Rest of Europe Wires and Cables Market, 2016 - 2019, USD Million
TABLE 88 Rest of Europe Wires and Cables Market, 2020 - 2026, USD Million
TABLE 89 Rest of Europe Wires and Cables Market by Installation Type, 2016 - 2019, USD Million
TABLE 90 Rest of Europe Wires and Cables Market by Installation Type, 2020 - 2026, USD Million
TABLE 91 Rest of Europe Wires and Cables Market by Voltage, 2016 - 2019, USD Million
TABLE 92 Rest of Europe Wires and Cables Market by Voltage, 2020 - 2026, USD Million
TABLE 93 Rest of Europe Wires and Cables Market by End User, 2016 - 2019, USD Million
TABLE 94 Rest of Europe Wires and Cables Market by End User, 2020 - 2026, USD Million
TABLE 95 Key Information – LS Cable & System Ltd.
TABLE 96 Key Information – Prysmian Group
TABLE 97 Key Information – Nexans SA
TABLE 98 Key Information – LEONI Group
TABLE 99 Key Information –Furukawa Electric Co., Ltd.
TABLE 100 key information – Belden, Inc.
TABLE 101 Key Information – Encore Wire Corporation
TABLE 102 Key Information – Fujikura Ltd.
TABLE 103 key Information – KEI Industries Limited
TABLE 104 Key Information – Southwire Company, LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Aug – 2020, Dec) Leading Players
FIG 5 Recent strategies and developments: LS Cable & System Ltd.
FIG 6 Recent strategies and developments: Prysmian Group
FIG 7 Recent strategies and developments: Nexans SA
FIG 8 Recent strategies and developments: Furukawa Electric Co., Ltd.
FIG 9 Recent strategies and developments: Belden, Inc.
FIG 10 Recent strategies and developments: Southwire Company, LLC