상업용 와이어 및 케이블 시장 기회, 성장 촉진요인, 산업 동향 분석, 예측(2025-2034년)

The Global Commercial Wire And Cable Market reached USD 100.7 billion in 2024 and is poised for significant growth, with projections indicating a CAGR of 7.4% between 2025 and 2034. This expansion is driven by rapid commercialization across industries, fueling the demand for high-quality wire and cable solutions. As urbanization and industrialization accelerate, businesses are investing heavily in electrical infrastructure to support their operations. The increasing reliance on advanced connectivity solutions, rising infrastructure development projects, and stringent regulatory standards are prompting market players to enhance their production capabilities and innovate new product offerings to stay ahead in the competitive landscape.

The telecommunications sector continues to be a significant driver of demand in the commercial wire and cable market. The fiber optics cable segment alone is expected to generate USD 40 billion by 2034, fueled by the rising need for reliable and high-speed connectivity in telecommunications and commercial sectors. Over the past decade, the telecom industry has invested an average of USD 50 billion annually in upgrading networks, reinforcing the importance of commercial wire and cable solutions. Companies operating in this sector are allocating substantial resources to enhance production capacity and meet growing industry requirements, further solidifying market expansion over the coming years.

Based on voltage, the low voltage segment is projected to grow at a CAGR of 7.5% by 2034, primarily driven by the increasing demand for wire and cable in infrastructure development projects. Governments and private enterprises worldwide are investing heavily in electrical grid modernization, contributing to market expansion. In 2023, China alone allocated USD 59 billion for electric power grid construction projects, emphasizing the critical role of commercial wire and cable in powering the future of urbanization and industrial advancements.

The U.S. commercial wire and cable market, valued at USD 12.77 billion in 2024, is set to witness steady growth owing to substantial investments in electrical infrastructure. In 2022, the U.S. invested approximately USD 89 billion in electricity networks, marking one of the highest expenditures in recent years. The country's strong push towards renewable energy adoption further drives the demand for advanced wire and cable solutions. North America is positioning itself as a leader in energy transition, enhancing the market potential for commercial wire and cable manufacturers.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Market definitions
• 1.2 Base estimates & calculations
• 1.3 Forecast calculation
• 1.4 Data sources
  • 1.4.1 Primary
  • 1.4.2 Secondary
    • 1.4.2.1 Paid
    • 1.4.2.2 Public

Chapter 2 Executive Summary

• 2.1 Industry synopsis, 2021 - 2034

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
• 3.2 Regulatory landscape
• 3.3 Industry impact forces
  • 3.3.1 Growth drivers
  • 3.3.2 Industry pitfalls & challenges
• 3.4 Growth potential analysis
• 3.5 Porter's analysis
  • 3.5.1 Bargaining power of suppliers
  • 3.5.2 Bargaining power of buyers
  • 3.5.3 Threat of new entrants
  • 3.5.4 Threat of substitutes
• 3.6 PESTEL analysis

Chapter 4 Competitive landscape, 2024

• 4.1 Strategic dashboard
• 4.2 Innovation & sustainability landscape

Chapter 5 Market Size and Forecast, By Product, 2021 – 2034 (USD Million)

• 5.1 Key trends
• 5.2 Coaxial Cables/Electronic Wires
• 5.3 Fiber optics cables
• 5.4 Signal & Control cable
• 5.5 Telecom & data cables
• 5.6 Others

Chapter 6 Market Size and Forecast, By Voltage 2021 – 2034 (USD Million)

• 6.1 Key trends
• 6.2 Low
• 6.3 Medium

Chapter 7 Market Size and Forecast, By Application 2021 – 2034 (USD Million)

• 7.1 Key trends
• 7.2 Material Handling/Logistics
• 7.3 Entertainment/Leisure
• 7.4 Consumer electronics
• 7.5 Building infrastructure
• 7.6 Others

Chapter 8 Market Size and Forecast, By Region, 2021 – 2034 (USD Million)

• 8.1 Key trends
• 8.2 North America
  • 8.2.1 U.S.
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 UK
  • 8.3.2 France
  • 8.3.3 Netherlands
  • 8.3.4 Italy
  • 8.3.5 Spain
  • 8.3.6 Germany
  • 8.3.7 Russia
• 8.4 Asia Pacific
  • 8.4.1 China
  • 8.4.2 India
  • 8.4.3 Japan
  • 8.4.4 South Korea
  • 8.4.5 Australia
• 8.5 Middle East & Africa
  • 8.5.1 Saudi Arabia
  • 8.5.2 UAE
  • 8.5.3 Qatar
  • 8.5.4 Kuwait
  • 8.5.5 South Africa
  • 8.5.6 Egypt
• 8.6 Latin America
  • 8.6.1 Brazil
  • 8.6.2 Argentina
  • 8.6.3 Peru

Chapter 9 Company Profiles

• 9.1 Bergen Cable Technology
• 9.2 Belden Inc.
• 9.3 FURUKAWA ELECTRIC CO., LTD.
• 9.4 Havell India Ltd.
• 9.5 KEI Industries Limited
• 9.6 Klaus Faber AG
• 9.7 LS Cables
• 9.8 Leoni Cables
• 9.9 NKT A/S
• 9.10 Polycab
• 9.11 Prysmian Group
• 9.12 RR Kabel
• 9.13 Riyadh Cables
• 9.14 Sumitomo Electric Industries, Ltd.
• 9.15 Southwire Company LLC
• 9.16 Top Cables
• 9.17 Thermo Cables
• 9.18 ZM Cables