Industrial Production Products & Services · Direct
Monitoring · monthly
Procurement Category Intelligence

Electrical Cable

Overview
Market size
$185.3B
global, USD
CAGR
4.2%
base to forecast
Buyer power
-2.1
supplier-favoured
Suppliers
6
tracked players
Signals
12
6 high severity

Market outlook

2031$227.6B

What changed

Demand by region

Asia Pacific demand42%
Europe demand24%
North America demand20%
Middle East & Africa demand8%
Latin America demand6%
share of global demandtotal 100%

Cost drivers

Copper and aluminum raw metals55%
Polymer insulation and shielding (PVC/XLPE)15%
Energy-intensive purification and manufacturing12%
Labor and overhead10%
Outbound logistics and freight8%
share of delivered cost (analyst estimate)

Supplier watchlist

6 tracked