Sustainable Wires and Cables Market Report - By Type (Data Cable, Coaxial Cable, Signal Cable, Power Cable, Low Voltage Energy Cable, Fire Resistant Cable, Fiber-optic Cable, Others (Ethernet Cables,... ... s (Ethernet Cables, Metallic Sheathed Cables, etc.)), By Voltage (Low Voltage, Medium Voltage, High Voltage, Extra High Voltage), By Installation (Overhead, Underground), By Raw Material (Metallic, [Copper, Aluminum, Glass], Non-Metallic, (Bio-Based Polymers, [Polyethylene, Polypropylene, Polyamide, Others], Recycled Polymers and Plastics, [Thermoplastics Elastomer, Thermoplastic Polyurethane, Polyethylene, Polyvinyl Chloride (PVC), Others], By End User (Building & Construction, Industrial & Manufacturing, IT & Telecommunication, Power Generation & Distribution, Aerospace & Defense, Automotive, Others (Healthcare, Oil & Gas and Mining)), Others Read more
- Energy
- Feb 2024
- 195
- PDF, Excel, PPT
Market Definition
Sustainable wires and cables refer to electrical conductors that are designed, manufactured, and utilized with a focus on minimizing environmental impact, promoting resource efficiency, and adhering to eco-friendly practices throughout their lifecycle. These cables are developed to meet the growing demand for environmentally responsible solutions in various industries, aligning with global sustainability goals. Key characteristics of sustainable wires and cables include the use of recyclable materials, energy-efficient manufacturing processes, adherence to environmental standards, and a commitment to minimizing the overall carbon footprint.
Market Insights & Analysis: Global Sustainable Wires and Cables Market (2024-30):
The Global Sustainable Wires and Cables Market is estimated to grow at a CAGR of around 16.5% during the forecast period, i.e., 2024-30. The growing requirement for energy efficiency across various industries, such as building & construction, industrial manufacturing, etc., is propelling the adoption of sustainable wires and cables. The emissions of greenhouse gases are on the rise across the globe, leading to environmental degradation and climate change globally. According to the International Energy Agency, in 2022, global energy-related CO2 emissions grew by around 0.9% compared to 2021. Thus, governments, businesses, and consumers across the globe are increasingly recognizing the need to optimize energy use to reduce carbon emissions and address climate issues. Consequently, this is driving the adoption of sustainable wires and cables across global markets.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2019-22 |
| Base Year: 2023 | |
| Forecast Period: 2024-30 | |
| CAGR (2024-2030) | 16.5% |
| Regions Covered | North America: US, Canada |
| Europe: Germany, The UK, France, Spain, Italy, Netherlands, Rest of Europe | |
| Asia-Pacific: China, India, Japan, South Korea, Rest of Asia-Pacific | |
| South America: Brazil, Argentina, Rest of South America | |
| Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of MEA | |
| Key Companies Profiled | Nexans, Belden Inc., Prysmian Group, TE Connectivity, Southwire Company, LLC., Furukawa Electric Co., Ltd., Hitachi, Encore Wire Corporation, Fujikura Ltd., Polycab India Pvt. Ltd., Europacable, Borealis AG, and others |
| Unit Denominations | USD Million/Billion |
Moreover, the global shift toward renewable energy sources and sustainability, driven by environmental concerns and the need to reduce reliance on fossil fuels, is leading to an expansion of renewable energy projects such as solar and wind. According to the International Energy Agency, renewables are set to contribute around 80% of new power generation capacity by 2030 under current policy settings. Thus, the demand for sustainable cables is increasing globally to transmit, distribute, and connect the electricity generated by solar panels and wind turbines.
Furthermore, the increasing construction of green buildings in the US, the UAE, Europe, etc., owing to environmental awareness, regulatory support, and energy efficiency standards, is fueling market growth. Sustainable cables and wires are essential components in green buildings, as they contribute to minimizing energy loss during transmission, aligning with the overall energy efficiency goals of green construction projects.
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- Global Sustainability Outlook, 2024
- Carbon Reduction Targets, By Industries
- Building & Construction
- Telecommunication
- Power Generation
- Aerospace
- Automotive
- Circular Economy Initiatives, By Countries
- The US
- China
- The UK
- Europe Union
- India
- Japan
- The UAE
- Saudi Arabia
- Brazil
- South Africa
- Others
- Sustainability Initiatives in Wires & Cable Industry
- Consumer Sustainability Preference
- Carbon Reduction Targets, By Industries
- Global Sustainable Wires and Cables Market Trends & Developments
- Global Sustainable Wires and Cables Market Dynamics
- Drivers
- Challenges
- Global Sustainable Wires and Cables Market Hotspot & Opportunities
- Global Sustainable Wires and Cables Market Regulations and Policy
- Global Sustainable Wires and Cables Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Size & Analysis
- By Type
- Data Cable- Market Size & Forecast 2019-2030, USD Million
- Coaxial Cable- Market Size & Forecast 2019-2030, USD Million
- Signal Cable- Market Size & Forecast 2019-2030, USD Million
- Power Cable- Market Size & Forecast 2019-2030, USD Million
- Low Voltage Energy Cable- Market Size & Forecast 2019-2030, USD Million
- Fire Resistant Cable- Market Size & Forecast 2019-2030, USD Million
- Fiber-optic Cable- Market Size & Forecast 2019-2030, USD Million
- Others (Ethernet Cables, Metallic Sheathed Cables, etc.)- Market Size & Forecast 2019-2030, USD Million
- By Voltage
- Low Voltage- Market Size & Forecast 2019-2030, USD Million
- Medium Voltage- Market Size & Forecast 2019-2030, USD Million
- High Voltage- Market Size & Forecast 2019-2030, USD Million
- Extra High Voltage- Market Size & Forecast 2019-2030, USD Million
- By Installation
- Overhead- Market Size & Forecast 2019-2030, USD Million
- Underground- Market Size & Forecast 2019-2030, USD Million
- By Raw Material
- Metallic- Market Size & Forecast 2019-2030, USD Million
- Copper
- Aluminum
- Glass
- Non-Metallic- Market Size & Forecast 2019-2030, USD Million
- Bio-Based Polymers
- Polyethylene
- Polypropylene
- Polyamide
- Others
- Recycled Polymers and Plastics
- Thermoplastics Elastomer
- Thermoplastic Polyurethane
- Polyethylene
- Polyvinyl Chloride (PVC)
- Others
- Bio-Based Polymers
- Metallic- Market Size & Forecast 2019-2030, USD Million
- By End User
- Building & Construction- Market Size & Forecast 2019-2030, USD Million
- Industrial & Manufacturing- Market Size & Forecast 2019-2030, USD Million
- IT & Telecommunication-Market Size & Forecast 2019-2030, USD Million
- Power Generation & Distribution- Market Size & Forecast 2019-2030, USD Million
- Aerospace & Defense- Market Size & Forecast 2019-2030, USD Million
- Automotive- Market Size & Forecast 2019-2030, USD Million
- Others (Healthcare, Oil & Gas and Mining)-Market Size & Forecast 2019-2030, USD Million
- By Region
- North America
- South America
- Europe
- The Middle East and Africa
- Asia-Pacific
- By Competition
- Competition Characteristics
- Market Shares & Analysis
- By Type
- Market Size & Analysis
- North America Sustainable Wires and Cables Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Voltage- Market Size & Forecast 2019-2030, USD Million
- By Installation-Market Size & Forecast 2019-2030, USD Million
- By Raw Material- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- By Country
- The US
- Canada
- The US Sustainable Wires and Cables Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Canada Sustainable Wires and Cables Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- South America Sustainable Wires and Cables Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Voltage- Market Size & Forecast 2019-2030, USD Million
- By Installation-Market Size & Forecast 2019-2030, USD Million
- By Raw Material- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- By Country
- Brazil
- Argentina
- Rest of South America
- Brazil Sustainable Wires and Cables Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Argentina Sustainable Wires and Cables Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- Europe Sustainable Wires and Cables Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Voltage- Market Size & Forecast 2019-2030, USD Million
- By Installation-Market Size & Forecast 2019-2030, USD Million
- By Raw Material- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- By Country
- Germany
- The UK
- France
- Italy
- Netherlands
- Spain
- Rest of Europe
- Germany Sustainable Wires and Cables Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- The UK Sustainable Wires and Cables Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- France Sustainable Wires and Cables Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Italy Sustainable Wires and Cables Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Netherlands Sustainable Wires and Cables Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Spain Sustainable Wires and Cables Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- The Middle East and Africa Sustainable Wires and Cables Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Voltage- Market Size & Forecast 2019-2030, USD Million
- By Installation-Market Size & Forecast 2019-2030, USD Million
- By Raw Material- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- By Country
- Saudi Arabia
- The UAE
- Qatar
- South Africa
- Rest of the Middle East and Africa
- Saudi Arabia Sustainable Wires and Cables Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- The UAE Sustainable Wires and Cables Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Installation- Market Size & Forecast 2019-2030, USD Million
- By Raw Material- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Qatar Sustainable Wires and Cables Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- South Africa Sustainable Wires and Cables Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- Asia-Pacific Sustainable Wires and Cables Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Voltage- Market Size & Forecast 2019-2030, USD Million
- By Installation-Market Size & Forecast 2019-2030, USD Million
- By Raw Material- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- China Sustainable Wires and Cables Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- India Sustainable Wires and Cables Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Japan Sustainable Wires and Cables Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- South Korea Sustainable Wires and Cables Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- Global Sustainable Wires and Cables Market Key Strategic Imperatives for Growth & Success
- Competition Outlook
- Company Profiles
- Nexans
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Belden Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Prysmian Group
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- TE Connectivity
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Southwire Company, LLC.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Fururkawa Electric Co., Ltd.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Hitachi
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Encore Wire Corporation
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Fujikura Ltd.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Polycab India Pvt. Ltd.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Europacable
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Borealis AG
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Others
- Nexans
- Company Profiles
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making