Wire & Cable Industry

• The worldwide wires and cables market is expected to increase at a CAGR of 5.7 percent from $200.23 billion in 2022 to $294.73 billion in 2029.
• Increasing investments in electric power transmission and distribution drive demand for wires and cables.
• Growing interest in enhancing and replacing existing electric infrastructure across countries has created a favorable development situation for the wire and cable industry.