The North America Wires and Cables Market would witness market growth of 5.2% CAGR during the forecast period (2020-2026). The aircraft manufacturing, automotive, electronics, and other sectors extensively use polymer optic fiber. These fibers are similar to the glass optic fiber, which are made up of the polymer, and transform light via the core of the fiber. It includes polymethyl methacrylate (PMMA) that helps in light transmission with fluorinated polymers that is a cladding material.
Polymer optic fibers are mostly light in weight and are relatively inexpensive and support bit rates of up to 10Gbps. The applications of Polymer optic fiber include home networking, the Internet of Things, & sensors for structural health observation.
Smart grids help in decreasing the cost involved in conventional grids, which includes operational cost owing to the power loss and thus, enhances profit margins of the electricity distribution organizations. In addition, there are many initiatives taken by the U.S. government to motivate the application of the smart grid. For example, the New York state government, through NYSERDA, substantially invested in the development of these smart energy technologies. The region continued its innovation in clean energy technologies, to retain low energy bills, decrease carbon emissions, and enhance grid reliability. Hence, several government initiatives are taken to encourage the application of smart grids which are likely to drive the growth of the market.
On the other side, unstable prices of raw materials are anticipated to be the major factor that restricts the growth of the market during the forecast period. In the production of wires and cables for lightweight devices, Aluminium is the majorly used metal. Silver is an expensive metal that is a better conductor than aluminium and copper. The unstable prices of raw materials due to rising exploration costs, increasing labor price, relationships between governments and mining organizations, and transportation affected the total cost of the production of wires and cables.
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 U.S., Mexico, Canada, and Rest of North America.
The US market dominated the North America Underground Wires and Cables Market by Country 2019, and would continue to be a dominant market till 2026. The Canada market is experiencing a CAGR of 9.5% during (2020 - 2026). Additionally, The Mexico market would witness a CAGR of 8.6% during (2020 - 2026).
The Low Voltage market dominated the Canada Wires and Cables Market by Voltage 2019, thereby, achieving a market value of $4,399 million by 2026. The Medium Voltage market is estimated to grow at a CAGR of 7% during (2020 - 2026). Additionally, The High Voltage market would showcase highest CAGR of 8.4% during (2020 - 2026).
Free Valuable Insights: Wires and Cables Market in North America is expected to register a CAGR of 5.2% 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
- US
- Canada
- Mexico
- Rest of North America
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 North America Wires and Cables Market, by Installation Type
1.4.2 North America Wires and Cables Market, by Voltage
1.4.3 North America Wires and Cables Market, by End User
1.4.4 North America 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. North America Wires and Cables Market by Installation Type
4.1 North America Overhead Wires and Cables Market by Country
4.2 North America Underground Wires and Cables Market by Country
Chapter 5. North America Wires and Cables Market by Voltage
5.1 North America Low Voltage Wires and Cables Market by Country
5.2 North America Medium Voltage Wires and Cables Market by Country
5.3 North America High Voltage Wires and Cables Market by Country
5.4 North America Extra High Voltage Wires and Cables Market by Country
Chapter 6. North America Wires and Cables Market by End User
6.1 North America Energy & Power Wires and Cables Market by Country
6.2 North America IT & Telecommunication Wires and Cables Market by Country
6.3 North America Building & Construction Wires and Cables Market by Country
6.4 North America Aerospace & Defense Wires and Cables Market by Country
6.5 North America Oil & Gas Wires and Cables Market by Country
6.6 North America Others Wires and Cables Market by Country
Chapter 7. North America Wires and Cables Market by Country
7.1 US Wires and Cables Market
7.1.1 US Wires and Cables Market by Installation Type
7.1.2 US Wires and Cables Market by Voltage
7.1.3 US Wires and Cables Market by End User
7.2 Canada Wires and Cables Market
7.2.1 Canada Wires and Cables Market by Installation Type
7.2.2 Canada Wires and Cables Market by Voltage
7.2.3 Canada Wires and Cables Market by End User
7.3 Mexico Wires and Cables Market
7.3.1 Mexico Wires and Cables Market by Installation Type
7.3.2 Mexico Wires and Cables Market by Voltage
7.3.3 Mexico Wires and Cables Market by End User
7.4 Rest of North America Wires and Cables Market
7.4.1 Rest of North America Wires and Cables Market by Installation Type
7.4.2 Rest of North America Wires and Cables Market by Voltage
7.4.3 Rest of North America 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 North America Wires and Cables Market, 2016 - 2019, USD Million
TABLE 2 North America 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 North America Wires and Cables Market by Installation Type, 2016 - 2019, USD Million
TABLE 8 North America Wires and Cables Market by Installation Type, 2020 - 2026, USD Million
TABLE 9 North America Overhead Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 10 North America Overhead Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 11 North America Underground Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 12 North America Underground Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 13 North America Wires and Cables Market by Voltage, 2016 - 2019, USD Million
TABLE 14 North America Wires and Cables Market by Voltage, 2020 - 2026, USD Million
TABLE 15 North America Low Voltage Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 16 North America Low Voltage Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 17 North America Medium Voltage Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 18 North America Medium Voltage Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 19 North America High Voltage Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 20 North America High Voltage Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 21 North America Extra High Voltage Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 22 North America Extra High Voltage Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 23 North America Wires and Cables Market by End User, 2016 - 2019, USD Million
TABLE 24 North America Wires and Cables Market by End User, 2020 - 2026, USD Million
TABLE 25 North America Energy & Power Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 26 North America Energy & Power Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 27 North America IT & Telecommunication Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 28 North America IT & Telecommunication Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 29 North America Building & Construction Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 30 North America Building & Construction Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 31 North America Aerospace & Defense Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 32 North America Aerospace & Defense Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 33 North America Oil & Gas Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 34 North America Oil & Gas Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 35 North America Others Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 36 North America Others Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 37 North America Wires and Cables Market by Country, 2016 - 2019, USD Million
TABLE 38 North America Wires and Cables Market by Country, 2020 - 2026, USD Million
TABLE 39 US Wires and Cables Market, 2016 - 2019, USD Million
TABLE 40 US Wires and Cables Market, 2020 - 2026, USD Million
TABLE 41 US Wires and Cables Market by Installation Type, 2016 - 2019, USD Million
TABLE 42 US Wires and Cables Market by Installation Type, 2020 - 2026, USD Million
TABLE 43 US Wires and Cables Market by Voltage, 2016 - 2019, USD Million
TABLE 44 US Wires and Cables Market by Voltage, 2020 - 2026, USD Million
TABLE 45 US Wires and Cables Market by End User, 2016 - 2019, USD Million
TABLE 46 US Wires and Cables Market by End User, 2020 - 2026, USD Million
TABLE 47 Canada Wires and Cables Market, 2016 - 2019, USD Million
TABLE 48 Canada Wires and Cables Market, 2020 - 2026, USD Million
TABLE 49 Canada Wires and Cables Market by Installation Type, 2016 - 2019, USD Million
TABLE 50 Canada Wires and Cables Market by Installation Type, 2020 - 2026, USD Million
TABLE 51 Canada Wires and Cables Market by Voltage, 2016 - 2019, USD Million
TABLE 52 Canada Wires and Cables Market by Voltage, 2020 - 2026, USD Million
TABLE 53 Canada Wires and Cables Market by End User, 2016 - 2019, USD Million
TABLE 54 Canada Wires and Cables Market by End User, 2020 - 2026, USD Million
TABLE 55 Mexico Wires and Cables Market, 2016 - 2019, USD Million
TABLE 56 Mexico Wires and Cables Market, 2020 - 2026, USD Million
TABLE 57 Mexico Wires and Cables Market by Installation Type, 2016 - 2019, USD Million
TABLE 58 Mexico Wires and Cables Market by Installation Type, 2020 - 2026, USD Million
TABLE 59 Mexico Wires and Cables Market by Voltage, 2016 - 2019, USD Million
TABLE 60 Mexico Wires and Cables Market by Voltage, 2020 - 2026, USD Million
TABLE 61 Mexico Wires and Cables Market by End User, 2016 - 2019, USD Million
TABLE 62 Mexico Wires and Cables Market by End User, 2020 - 2026, USD Million
TABLE 63 Rest of North America Wires and Cables Market, 2016 - 2019, USD Million
TABLE 64 Rest of North America Wires and Cables Market, 2020 - 2026, USD Million
TABLE 65 Rest of North America Wires and Cables Market by Installation Type, 2016 - 2019, USD Million
TABLE 66 Rest of North America Wires and Cables Market by Installation Type, 2020 - 2026, USD Million
TABLE 67 Rest of North America Wires and Cables Market by Voltage, 2016 - 2019, USD Million
TABLE 68 Rest of North America Wires and Cables Market by Voltage, 2020 - 2026, USD Million
TABLE 69 Rest of North America Wires and Cables Market by End User, 2016 - 2019, USD Million
TABLE 70 Rest of North America Wires and Cables Market by End User, 2020 - 2026, USD Million
TABLE 71 Key Information – LS Cable & System Ltd.
TABLE 72 Key Information – Prysmian Group
TABLE 73 Key Information – Nexans SA
TABLE 74 Key Information – LEONI Group
TABLE 75 Key Information –Furukawa Electric Co., Ltd.
TABLE 76 key information – Belden, Inc.
TABLE 77 Key Information – Encore Wire Corporation
TABLE 78 Key Information – Fujikura Ltd.
TABLE 79 key Information – KEI Industries Limited
TABLE 80 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