아시아태평양의 저연무 무할로겐 케이블 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the Asia-Pacific low smoke zero halogen (LSZH) cables market size is projected to expand from USD 2.08 billion in 2025 to USD 2.27 billion in 2026, and to USD 3.54 billion by 2031, registering a CAGR of 9.29% from 2026 to 2031.

This report is Segmented by Cable Type (Power Cables, Control and Instrumentation Cables, and More), Voltage Rating (Less Than 1 KV, 1-35 KV, 36-65 KV, and Above 65 KV), Insulation Material (PVC (Polyvinyl Chloride), and More), End-User Industry (Commercial Buildings, Industrial Manufacturing, and More), and Country. The Market Forecasts are Provided in Terms of Value (USD).

Asia-Pacific Low Smoke Zero Halogen (LSZH) Cables Market Trends and Insights

Hyperscale Data Center and AI Infrastructure Buildout

Digital Edge announced a USD 4.5 billion investment in January 2026 for a 500 MW AI-ready hyperscale campus in Bekasi, Indonesia, a project built around large-scale power, fiber, and supporting facility systems. The company secured a USD 665 million green loan for the project's first phase in March 2026. AI-optimized racks can require 50-120 kW per rack, increasing cable density in enclosed tray systems and underscoring the importance of equipment protection during a fire. LSZH cable is important in these settings because hydrogen chloride (HCl) from burning PVC can corrode active equipment before conditions become unsafe for evacuation, affecting servers, signaling equipment, and grid protection systems. SK Telecom announced in July 2026 that it was pursuing up to 15 GW of AI data center capacity in South Korea, starting with an initial cluster above 2 GW in the southeast. These developments extend the Asia-Pacific low smoke zero halogen (LSZH) cables market opportunity beyond conventional building wiring into high-density power, fiber, and control systems.

Fire-Safety Code Adoption in High-Occupancy and Enclosed Spaces

China's GB/T 31247 standard requires B1-class performance for commercial and public-sector cables, establishing a high minimum requirement in the region's largest cable procurement base. The standard assesses heat release, flaming droplets, and corrosive gas performance beyond the IEC 60332-3 flame-propagation baseline. India's National Building Code 2016, Part 4, requires IS 17048:2018 halogen-free, flame-retardant cables in hospitals, underground metro stations, airports, and residential buildings above G+15 floors, where both evacuation and asset protection are important. The Bureau of Indian Standards identifies IS 17048:2018 as the standard for halogen-free flame-retardant cables rated up to 1,100 V. Singapore has required LSZH cables in life-safety and transport systems for more than a decade, and similar project practices influence procurement in Malaysia, Thailand, and Vietnam through publicly funded infrastructure and financing requirements. South Korea applies KS C IEC 60754-2 and KS C IEC 61034-2, while Japan uses JIS C 3665 and JIS C 3666 for enclosed applications, leaving the Asia-Pacific low smoke zero halogen (LSZH) cables market shaped by multiple national compliance frameworks.

Higher Upfront Cost Versus PVC Cable Systems

LSZH compounds cost 15-30% more than standard PVC sheaths at the cable level. This difference is especially significant in Indonesia, Vietnam, and the Philippines, where private construction buyers often do not require IEC 61034 compliance. ADB and Japan International Cooperation Agency project-finance agreements may require LSZH cable, which helps bridge the gap until domestic building codes change. In data centers and health care facilities, post-fire corrosion can require extensive decontamination and may cost more than the initial cable premium. Greater regional compounding output and manufacturing capacity in China and India are reducing this constraint. Installer familiarity with PVC and the tighter bending-radius requirements of some LSZH compounds still slow switching in cost-sensitive parts of the Asia-Pacific low smoke zero halogen (LSZH) cables market.

Other drivers and restraints analyzed in the detailed report include:

1. Electrification of Rail, Metro, Ports, and Commercial Transport
2. Renewable Power, Grid Modernization, and Battery Storage Expansion
3. Copper Price Volatility and Material-Cost Pass-Through Risk

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

LSZH power cables accounted for 34.55% of the cable-type segment in 2025, supported by recurring procurement for commercial buildings, industrial sites, utility distribution systems, and data center low-voltage panels. LSZH fiber-optic cables are projected to grow at an 11.78% CAGR from 2026 to 2031, supported by hyperscale data center interconnect requirements and government-backed fiber rollout programs. Furukawa Electric began mass production of 13,824-count optical fiber cable at Mie Works No. 2 in March 2026. The company stated that the new facility more than doubled capacity compared with 2023 and was designed to serve dense optical cable requirements. LSZH data and communication cables, plus control and instrumentation cables, continue to serve building management, process automation, supervisory control and data acquisition systems, and industrial network installations.

LSZH building wires remain linked to residential and commercial construction in India, China, and Australia, where code revisions are expanding the use of lower-smoke-cable systems. Specialty cables for nuclear, marine, and hydrogen-transit uses occupy smaller but higher-value application areas because their environmental and safety requirements are more demanding. The Asia-Pacific low smoke zero halogen (LSZH) cables market size for power cables was supported by their 34.55% share in 2025. IEC 60332 and IEC 61034 provide a common technical baseline for fiber-optic cables produced in Japan, South Korea, and China, enabling compatible products to be specified for cross-border infrastructure projects. Hydrogen transit, nuclear recommissioning in Japan and South Korea, and marine electrification are expected to support specialty applications that require both LSZH performance and salt-spray-resistant jacket performance.

The less-than-1-kV segment accounted for 61.12% of the Asia-Pacific low smoke zero halogen (LSZH) cables market share in 2025. It serves building wiring, data center power distribution, transit-station circuits, light industrial automation, and low-voltage panels in commercial and factory facilities. This broad base of applications makes the segment less exposed to volume displacement, as its demand is tied to urban construction and distributed electricity use. The 1-35 kV medium-voltage category is projected to expand at a 10.56% CAGR from 2026 to 2031. Industrial parks, renewable energy substation connections, grid distribution extensions, and new development zones across China, India, and Southeast Asia support this demand.

The Lao-Thailand-Malaysia-Singapore connection specifies XLPE LSZH cable for medium-voltage runs in humid and saline-soil conditions. This requirement provides a procurement reference point for regional grid programs where moisture resistance and fire performance must be addressed together. IEC 60502-1 and IEC 60332-3 are widely used engineering submission frameworks for the installation of grouped cables. The 36-65 kV and above-65 kV categories serve extra-high-voltage grid upgrades and the enclosed portions of substations and converter stations. Tokyo Electric Power Company is undergrounding overhead distribution lines through a program running from 2024 to 2027, which supports demand for LSZH-sheathed underground extra-high-voltage cable. Co-extrusion can produce XLPE insulation and an LSZH sheath in a single pass, narrowing the cost gap with PVC constructions and facilitating specification migration for medium-voltage and industrial applications.

Complete Report Scope:

• By Cable Type
  • LSZH Power Cables
  • LSZH Control and Instrumentation Cables
  • LSZH Data and Communication Cables
  • LSZH Fiber Optic Cables
  • LSZH Building Wires
  • Specialty LSZH Cables
• By Voltage Rating
  • Less Than 1 kV
  • 1-35 kV
  • 36-65 kV
  • Above 65 kV
• By Insulation Material
  • PVC (Polyvinyl Chloride)
  • XLPE (Cross-linked Polyethylene)
  • PE (Polyethylene)
  • Other Specialty Insulation Materials
• By End-User Industry
  • Commercial Buildings
  • Industrial Manufacturing
  • Data Centers
  • Energy and Utilities
  • Transportation Infrastructure
  • Telecommunications
  • Renewable Energy
  • Other End-User Industries
• By Country
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific

List of Companies Covered in this Report:

1. Prysmian S.p.A.
2. Nexans S.A.
3. LS Cable & System Ltd.
4. Sumitomo Electric Industries, Ltd.
5. Furukawa Electric Co., Ltd.
6. Hengtong Group Co., Ltd.
7. Jiangsu Zhongtian Technology Co., Ltd.
8. Fujikura Ltd.
9. Polycab India Limited
10. Finolex Cables Limited
11. KEI Industries Limited
12. Havells India Limited
13. Belden Inc.
14. TE Connectivity Ltd.
15. Leoni AG
16. Yazaki Corporation
17. Amphenol Corporation
18. HELUKABEL GmbH
19. Jiangnan Group Limited
20. Sterlite Technologies Ltd.
21. Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC)
22. Eland Cables Ltd.
23. Relemac Technologies Pvt. Ltd.
24. Borealis AG
25. Avient Corporation

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Hyperscale Data Center and AI Infrastructure Buildout
  • 4.2.2 Fire-Safety Code Adoption in High-Occupancy and Enclosed Spaces
  • 4.2.3 Electrification of Rail, Metro, Ports, and Commercial Transport
  • 4.2.4 Renewable Power, Grid Modernization, and Battery Storage Expansion
  • 4.2.5 Industrial Automation and High-Density Manufacturing Cabling
  • 4.2.6 Export-Oriented Procurement Requiring International Fire-Performance Certification
• 4.3 Market Restraints
  • 4.3.1 Higher Upfront Cost Versus PVC Cable Systems
  • 4.3.2 Copper Price Volatility and Material-Cost Pass-Through Risk
  • 4.3.3 Fragmented National Standards and Approval Requirements
  • 4.3.4 Processing Trade-Offs Between Smoke Performance, Flexibility, and Installability
• 4.4 Industry Value Chain Analysis
• 4.5 Porter's Five Forces Analysis
  • 4.5.1 Threat of New Entrants
  • 4.5.2 Bargaining Power of Suppliers
  • 4.5.3 Bargaining Power of Buyers
  • 4.5.4 Threat of Substitutes
  • 4.5.5 Rivalry Among Existing Competitors

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

• 5.1 By Cable Type
  • 5.1.1 LSZH Power Cables
  • 5.1.2 LSZH Control and Instrumentation Cables
  • 5.1.3 LSZH Data and Communication Cables
  • 5.1.4 LSZH Fiber Optic Cables
  • 5.1.5 LSZH Building Wires
  • 5.1.6 Specialty LSZH Cables
• 5.2 By Voltage Rating
  • 5.2.1 Less Than 1 kV
  • 5.2.2 1-35 kV
  • 5.2.3 36-65 kV
  • 5.2.4 Above 65 kV
• 5.3 By Insulation Material
  • 5.3.1 PVC (Polyvinyl Chloride)
  • 5.3.2 XLPE (Cross-linked Polyethylene)
  • 5.3.3 PE (Polyethylene)
  • 5.3.4 Other Specialty Insulation Materials
• 5.4 By End-User Industry
  • 5.4.1 Commercial Buildings
  • 5.4.2 Industrial Manufacturing
  • 5.4.3 Data Centers
  • 5.4.4 Energy and Utilities
  • 5.4.5 Transportation Infrastructure
  • 5.4.6 Telecommunications
  • 5.4.7 Renewable Energy
  • 5.4.8 Other End-User Industries
• 5.5 By Country
  • 5.5.1 China
  • 5.5.2 India
  • 5.5.3 Japan
  • 5.5.4 South Korea
  • 5.5.5 Rest of Asia-Pacific

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
  • 6.4.1 Prysmian S.p.A.
  • 6.4.2 Nexans S.A.
  • 6.4.3 LS Cable & System Ltd.
  • 6.4.4 Sumitomo Electric Industries, Ltd.
  • 6.4.5 Furukawa Electric Co., Ltd.
  • 6.4.6 Hengtong Group Co., Ltd.
  • 6.4.7 Jiangsu Zhongtian Technology Co., Ltd.
  • 6.4.8 Fujikura Ltd.
  • 6.4.9 Polycab India Limited
  • 6.4.10 Finolex Cables Limited
  • 6.4.11 KEI Industries Limited
  • 6.4.12 Havells India Limited
  • 6.4.13 Belden Inc.
  • 6.4.14 TE Connectivity Ltd.
  • 6.4.15 Leoni AG
  • 6.4.16 Yazaki Corporation
  • 6.4.17 Amphenol Corporation
  • 6.4.18 HELUKABEL GmbH
  • 6.4.19 Jiangnan Group Limited
  • 6.4.20 Sterlite Technologies Ltd.
  • 6.4.21 Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC)
  • 6.4.22 Eland Cables Ltd.
  • 6.4.23 Relemac Technologies Pvt. Ltd.
  • 6.4.24 Borealis AG
  • 6.4.25 Avient Corporation

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-Space and Unmet-Need Assessment