How big is the Europe Wire And Cable Market?

The Europe Wire And Cable Market size is expected to reach USD 48.24 billion in 2024 and grow at a CAGR of 5.68% to reach USD 63.58 billion by 2029. Read More

What is the current Europe Wire And Cable Market size?

In 2024, the Europe Wire And Cable Market size is expected to reach USD 48.24 billion. Read More

Who are the key players in Europe Wire And Cable Market?

Nexans SA, Prysmian SPA, Leoni AG, TE Connectivity and TELE-FONIKA Kable S.A. are the major companies operating in the Europe Wire And Cable Market. Read More

What years does this Europe Wire And Cable Market cover, and what was the market size in 2023?

In 2023, the Europe Wire And Cable Market size was estimated at USD 45.50 billion. The report covers the Europe Wire And Cable Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Wire And Cable Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Europe Wire And Cable Market Size & Share Analysis - Industry Research Report

Europe Wire and Cable Market Size and Share Analysis - Growth Trends and Forecasts (2024 - 2029)

The Europe Wire and Cable Market Report is Segmented by Cable Type (Low Voltage Energy, Power Cable, Fiber Optic Cable, and Signal and Control Cable), End-User Vertical [(Construction (Residential and Commercial), Telecommunications (IT and Telecom), Power Infrastructure (Energy and Power, Automotive), and Other End-User Verticals)], and Country (United Kingdom, Germany, France, Italy, Benelux, Austria, Switzerland, Czech Republic, Poland, Denmark and the Rest of Europe). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Segments.

Europe Wire And Cable Industry Overview

The European wire and cable market is competitive and fragmented, as it currently consists of various significant players. Some key players are Nexans SA, Prysmian SpA, Leoni AG, TE Connectivity, and TELE-FONIKA Kable SA. Several key players in the market are constantly striving to bring advancements.

April 2024: NKT AS, a Danish power cable manufacturer, announced a strategic investment of approximately USD 108.5 million (EUR 100 million). This initiative is designed to accelerate its medium-voltage cable production capacity, a move prompted by the surge of demand fueled by grid modernizations and the rise of European renewable energy projects. The company anticipates enhanced production capabilities, with full operational capacity projected for 2026.
February 2024: Nexans, a player in the global energy transition, announced a significant deal to purchase the renowned La Triveneta Cavi. La Triveneta Cavi, known for its excellence in the European medium- and low-voltage sectors, is headquartered in Italy. The company specializes in producing low-voltage cables for various applications, including building, infrastructure, fire-retardant systems, and renewable energy, distributing its products across 30 countries.