|
Forecast Period
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2026-2030
|
|
Market Size (2024)
|
USD 22.11 Billion
|
|
Market Size (2030)
|
USD 33.27 Billion
|
|
CAGR (2025-2030)
|
6.89%
|
|
Fastest Growing Segment
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Downstream
|
|
Largest Market
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Saudi Arabia
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Market Overview
Middle East Wires & Cables Market was
valued at USD 22.11 Billion in 2024 and is expected to reach USD 33.27 Billion by 2030 with a
CAGR of 6.89% during the forecast period.
Wires and cables are essential components in
electrical and electronic systems, used for transmitting electricity or data
from one point to another. A wire is a single conductor, typically made of
copper or aluminum, that carries electrical current. It can be solid or
stranded, depending on flexibility and application requirements. Cables, on the
other hand, consist of two or more insulated wires grouped together within a
protective outer sheath. This construction provides added durability,
insulation, and protection against environmental factors.
Wires are commonly used in internal circuits and for
short-distance connections, while cables are more suitable for complex
installations and longer-distance transmission. Both are available in various
sizes, materials, and insulation types to suit different voltage levels,
environmental conditions, and safety standards.
Applications for wires and cables span residential,
commercial, industrial, and telecommunication sectors. From powering household
appliances to supporting high-speed data transfer in fiber optic systems, they
play a critical role in modern infrastructure. Proper selection, installation,
and maintenance of wires and cables are essential to ensure safety, efficiency,
and longevity in any electrical system. As technology advances, new types of
wires and cables continue to emerge, offering improved performance, energy
efficiency, and sustainability.
Key Market Drivers
Expansion of the
Power and Energy Sector
The Middle East is undergoing a major transformation
in its power and energy sector, driven by rising electricity demand, renewable
energy goals, and efforts to modernize power transmission and distribution
networks. This transformation is significantly contributing to the growth of
the wires and cables market in the region. Gulf countries are collectively
investing over USD250 billion in power generation, transmission, and
distribution projects by 2030, significantly increasing the need for wires and
cables.
As populations grow and urban centers expand, the
demand for reliable and uninterrupted electricity supply increases. Governments
are investing heavily in upgrading old power infrastructure and establishing
new generation plants—both traditional and renewable. Whether it's a solar farm
in the UAE or a wind project in Saudi Arabia, these energy facilities depend on
specialized cables for power transmission, grounding, control, and
instrumentation. Additionally, regional energy diversification strategies have
brought a wave of renewable energy projects. The need for high-performance
cables that can withstand harsh environmental conditions, especially in solar
and wind energy applications, has led to a surge in demand for technologically
advanced cable systems.
Transmission and distribution (T&D) network
upgrades also require a significant amount of wiring and cabling. Projects such
as grid modernization, smart metering, and inter-country electrical
interconnections all involve high-capacity power cables, coaxial cables, and
control wiring. Thus, the expansion and evolution of the energy sector remains
a powerful catalyst for wire and cable demand in the Middle East. Plans to add 58.7 GW of renewable energy
capacity by 2030, with a large portion already under development. This boosts
demand for specialized solar and wind cables.
Growth in the Telecommunications Sector
The Middle East telecommunications sector is
experiencing rapid growth, driven by digital transformation, increased internet
penetration, and the rollout of next-generation technologies like 5G. This
growth has become a key driver for the wires and cables market, as these
systems form the physical backbone of telecom networks.
Fiber optic cables, in particular, are in high demand
across the region due to their critical role in delivering high-speed internet
and supporting large volumes of data transmission with low latency. Telecom
companies and governments are investing in expanding fiber-to-the-home (FTTH)
networks, data centers, and submarine cable systems to meet the growing digital
needs of both individuals and enterprises. Middle Eastern countries like the UAE,
Saudi Arabia, and Qatar are among the global leaders in 5G adoption. The UAE
and Saudi Arabia rank in the top 10 globally for 5G download speeds, fueling
massive demand for fiber optic and high-frequency coaxial cables.
The deployment of 5G networks is another significant
factor. These networks require dense infrastructure with more base stations and
small cell deployments, each of which requires precise cabling solutions to
ensure efficient power and data transmission. Moreover, advancements in cloud
computing, IoT (Internet of Things), and smart city technologies demand robust
and reliable cabling systems.
With ambitious digital agendas in countries like Qatar
and the UAE, the expansion of telecom infrastructure is accelerating. From
underground cable networks to aerial and in-building installations, the wires
and cables market is directly benefiting from these advancements in the
telecommunications landscape.
Industrialization and Manufacturing Growth
Another major driver of the wires and cables market in
the Middle East is the region’s push towards industrialization and local
manufacturing. As oil-rich economies seek to diversify and reduce reliance on
hydrocarbons, they are investing in establishing strong manufacturing sectors,
particularly in petrochemicals, automotive, food processing, and electronics.
These industrial facilities require an extensive range
of wires and cables for powering machinery, process control systems,
communication lines, and safety systems. High-performance cables are needed in
harsh environments such as factories, refineries, and offshore platforms, where
exposure to heat, chemicals, and mechanical stress is common. As part of long-term economic
diversification, GCC countries are collectively investing over USD1 trillion in
industrial and manufacturing sectors by 2035 (Gulf Industrial
Development Reports).
Government initiatives like Saudi Arabia’s Vision 2030
and the UAE’s Operation 300bn aim to create self-sufficient industrial bases
and attract global manufacturers. As new industrial zones and special economic
areas are developed, there is a corresponding demand for cabling infrastructure
to support electrical distribution, automation, and digital connectivity. Furthermore,
as factories become more automated and connected through Industry 4.0
technologies, they require specialized data and power cables to integrate
robotics, sensors, and control systems. The resulting need for reliable,
high-capacity, and durable cables across a growing manufacturing base
underscores industrialization as a key long-term driver for the wires and
cables market in the Middle East.
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Key Market Challenges
Fluctuating Raw Material Prices
One of the most pressing
challenges facing the Middle East wires and cables market is the volatility in
raw material prices. The production of wires and cables heavily depends on key
raw materials like copper, aluminum, and various polymers used for insulation
and sheathing. These materials are traded on global commodity markets, making
their prices highly sensitive to international demand and supply dynamics,
geopolitical tensions, and economic conditions.
Copper, for instance, is a
vital conductor in electrical cables. Any fluctuation in its global price
directly impacts manufacturing costs. Similarly, aluminum and plastic compounds
used for insulation and jacketing are subject to market shifts driven by factors
such as oil prices, mining output, and transportation costs. Manufacturers in
the Middle East, many of whom rely on imported raw materials, are especially
vulnerable to such unpredictability.
This price instability makes
it difficult for companies to plan long-term projects or offer fixed-price
contracts, particularly in large infrastructure developments where budgets are
tightly managed. It also affects profit margins and can result in project
delays if suppliers are unable to secure materials at a sustainable cost.
To cope, manufacturers often
need to pass on cost increases to customers, potentially reducing
competitiveness. Alternatively, they may attempt to absorb some of the
increases, which can hurt financial stability. While some large players hedge
against commodity price risks, smaller manufacturers often lack the resources
to do so, leaving them exposed. Moreover, the pressure to maintain quality
while managing costs can lead to compromises in material selection, impacting
the durability and safety of the end product. In a region with extreme
environmental conditions such as intense heat, sand, and humidity, using
substandard materials to cut costs can result in premature cable failure,
safety hazards, and higher maintenance expenses.
Overall, raw material price
volatility is a persistent challenge that affects the entire value chain—from
production and pricing to quality assurance and long-term growth in the Middle
East wires and cables market.
Complex Regulatory and Standardization Landscape
The Middle East wires and
cables market also faces significant challenges related to regulatory
complexities and inconsistent standards across the region. Each country has its
own regulatory authority, certification bodies, and technical requirements for
electrical products, which often vary considerably from one nation to another.
For example, while the Gulf
Cooperation Council (GCC) has made efforts toward harmonizing technical
standards, there are still notable differences in the implementation and
enforcement of electrical safety codes and quality regulations. Saudi Arabia
might require certification from SASO (Saudi Standards, Metrology and Quality
Organization), while the UAE mandates compliance with ESMA (Emirates Authority
for Standardization and Metrology). These differing requirements can complicate
regional trade and increase compliance costs for manufacturers.
Navigating this fragmented
regulatory environment can be especially challenging for small and medium-sized
enterprises (SMEs) that may not have dedicated legal or technical teams to
handle certifications and testing. Each new market they enter often demands a
separate set of approvals, product testing, and documentation. This increases
the time and cost required to bring products to market and can discourage
cross-border expansion within the region. Furthermore, frequent updates to
regulatory frameworks—driven by evolving safety norms, environmental concerns,
and energy efficiency mandates—require manufacturers to constantly adapt their
designs, materials, and production processes. Staying compliant becomes a
continuous process that demands investment in R&D, training, and quality
control systems.
Lack of standardization also
affects project efficiency. When developers source cables from different
suppliers across borders, compatibility and consistency become issues. This can
result in installation delays, additional quality inspections, or even rework
if products fail to meet local specifications. Additionally, in some countries,
the enforcement of standards is not uniform, leading to the proliferation of
low-cost, substandard cables in the market. These products may not meet safety
or performance requirements, posing risks of electrical fires, equipment
damage, and system failures. This not only undermines consumer confidence but
also creates unfair competition for companies investing in high-quality,
certified products.
To overcome this challenge,
greater regional cooperation and a unified certification framework would be
beneficial. Until then, navigating the complex and fragmented regulatory
landscape remains a significant hurdle for the sustainable growth of the wires
and cables market in the Middle East.
Key Market Trends
Rising Demand for Fire-Resistant and Low-Smoke Cables
A growing trend in the Middle East wires and cables
market is the increasing preference for fire-resistant and low-smoke, zero
halogen (LSZH) cables. As urbanization accelerates and the number of high-rise
buildings, airports, hospitals, and commercial complexes increases, safety
regulations have become more stringent, especially regarding fire prevention
and control.
Fire-resistant cables are designed to maintain circuit
integrity during a fire, ensuring that critical systems like emergency
lighting, alarms, and communication lines continue to operate. Meanwhile, LSZH
cables emit minimal smoke and no toxic halogen gases when exposed to high
temperatures, reducing the risk of suffocation or toxic exposure during a fire.
Governments and developers across the Gulf region are
emphasizing compliance with international safety standards such as IEC 60331
and IEC 60754. In response, cable manufacturers are innovating with new
materials and construction methods that enhance thermal stability, flame
retardance, and smoke suppression.
This trend is particularly evident in countries like
the UAE and Saudi Arabia, where mega projects such as smart cities and advanced
transportation hubs demand top-tier fire safety in every component, including
cabling systems. Additionally, insurance requirements and updated building
codes are pushing developers to adopt higher-specification cables.
As awareness of fire safety grows, the demand for
these specialized cables is expected to expand further—not only in premium
construction projects but also in retrofitting older infrastructure to meet
current standards. This makes fire-resistant and LSZH cables a vital and
growing segment of the regional market.
Growing Shift Toward Renewable Energy Integration
As Middle Eastern countries accelerate the shift
toward renewable energy, the wires and cables market is adapting to meet the
specific demands of solar, wind, and hybrid power systems. National visions
like Saudi Arabia’s Vision 2030 and the UAE’s Energy Strategy 2050 are driving
large-scale investments in clean energy infrastructure.
Renewable energy projects require specialized cabling
that can withstand extreme weather, high UV exposure, fluctuating temperatures,
and corrosive environments. For example, solar PV systems rely heavily on solar
cables that are highly resistant to heat and mechanical wear. Similarly, wind
turbines use high-flex, durable cables for power transmission and control
inside moving parts.
The rapid expansion of solar farms, wind parks, and
energy storage systems has resulted in strong demand for both low- and
medium-voltage cables tailored for renewable installations. Additionally,
transmission infrastructure connecting these projects to national grids also
requires high-capacity, high-performance cables.
Another factor driving this trend is the rise of
hybrid energy systems, where renewable sources are integrated with conventional
grids. These systems require advanced cable management for seamless operation,
safety, and efficiency.
Manufacturers are responding by investing in R&D
and expanding their portfolios to include environmentally sustainable and
high-durability cables. This renewable-driven trend is expected to play a
central role in shaping the market for years to come, aligning with both
environmental goals and energy diversification strategies.
Segmental Insights
Voltage Insights
The Low held the largest market share in 2024. Low voltage cables dominate the Middle East wires and
cables market due to their extensive use across a wide range of applications,
particularly in residential, commercial, and light industrial sectors. As the
region undergoes rapid urbanization and population growth, there is a
significant demand for housing, commercial spaces, shopping centers,
educational institutions, and healthcare facilities. All these developments
rely heavily on low voltage wiring for internal power distribution, lighting
systems, appliances, and security installations.
Government-led infrastructure initiatives, such as
Saudi Arabia’s Vision 2030 and the UAE’s smart city projects, are further
accelerating the need for low voltage cabling. These projects involve the
construction of smart buildings, integrated transport systems, and digital
services that depend on low voltage networks for efficient operation.
Additionally, the increasing integration of low-voltage systems for automation,
data communication, and energy-efficient solutions like LED lighting continues
to drive market demand. Moreover, low voltage cables are typically easier and
more cost-effective to install, maintain, and replace compared to higher
voltage alternatives. This makes them the preferred choice for contractors and
developers working on large-scale urban developments. Their versatility and
adaptability across various applications also contribute to their widespread
adoption.
The rise of digital infrastructure, including data
centers, smart metering, and surveillance systems, has further fueled the need
for low voltage power and communication cables. Even in the renewable energy
sector, low voltage cables are used for internal wiring within solar
installations and control systems.
Installation Insights
The Underground held the largest market share
in 2024. Underground cabling dominates the
Middle East wires and cables market due to a combination of environmental,
safety, aesthetic, and infrastructure planning factors unique to the region.
One of the primary drivers is the harsh climate. The
Middle East experiences extreme heat, frequent sandstorms, and high levels of
UV radiation. Overhead cables are more vulnerable to weather-related damage and
degradation, leading to higher maintenance costs and service disruptions. In
contrast, underground cables are better protected against environmental stress,
ensuring longer life spans and greater system reliability.
Urban planning and aesthetics also play a crucial
role. Many cities in the region, such as Dubai, Doha, and Riyadh, are rapidly
modernizing with an emphasis on clean, futuristic urban landscapes. To maintain
visual appeal and avoid cluttered skylines, governments and developers
increasingly prefer underground cabling systems for both residential and
commercial areas.
Safety considerations are another important factor.
Underground cables reduce the risk of accidents caused by fallen power lines
during storms or construction work. They also lower the chances of electrical
fires, making them a safer option in densely populated or high-traffic zones. Furthermore,
the shift towards smart cities and advanced infrastructure—such as smart grids,
metro systems, and high-speed rail—requires secure, space-efficient, and
interference-free cabling. Underground systems are ideal for supporting the
complex networks of power and data required in such environments.
Government regulations and long-term planning
strategies across the region increasingly mandate the use of underground
cabling in new infrastructure projects. Although installation costs are higher
compared to overhead systems, the benefits in terms of durability, safety, and
reduced long-term maintenance justify the investment.
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Country Insights
Largest Country
Saudi Arabia held the largest market
share in 2024. Saudi Arabia holds a dominant position in the Middle East wires and
cables market due to its expansive infrastructure development, large-scale
energy projects, and strong industrial base. As the largest economy in the
region, Saudi Arabia is undergoing rapid transformation under Vision 2030,
which aims to diversify the economy beyond oil and invest heavily in sectors
such as construction, renewable energy, transportation, and manufacturing.
These initiatives are driving significant demand for a wide range of cabling
solutions.
One of the key factors contributing to Saudi Arabia’s
market leadership is the scale of its infrastructure projects.
Mega-developments such as NEOM, the Red Sea Project, and Qiddiya require
extensive power and data networks, relying on both low and high voltage cables
for reliable operation. The government’s investment in smart cities and digital
transformation further boosts the demand for advanced cable technologies,
including fiber optics and fire-resistant cables.
In the energy sector, Saudi Arabia is investing in
both traditional power generation and renewable energy, such as the massive
Sakaka solar project and planned wind farms. These projects require specialized
cables capable of withstanding harsh environmental conditions, such as high
temperatures and desert climates. Additionally, Saudi Arabia's robust
industrial sector, including oil and gas, petrochemicals, and manufacturing,
demands high-performance control, instrumentation, and power cables. The
country’s localization drive—encouraging domestic production and reducing
import dependency—also supports the growth of local cable manufacturing, making
supply chains more efficient and cost-effective.
With strong government backing, consistent
infrastructure spending, and a focus on quality and safety standards, Saudi
Arabia continues to lead the region in cable demand and market potential. This
makes it a strategic hub for both local and international manufacturers
targeting the Middle East wires and cables industry.
Emerging Country
Qatar is emerging as a key player in the Middle East
wires and cables market due to its strategic infrastructure development, rapid
urban expansion, and ongoing investments in energy and technology sectors. The
country’s National Vision 2030 serves as a blueprint for economic
diversification and sustainable growth, placing strong emphasis on
infrastructure modernization, industrialization, and technological advancement.
These goals directly fuel demand for a wide range of cables, from low voltage
to high-performance fiber optic systems.
One of the most significant drivers is Qatar’s
commitment to large-scale infrastructure projects, including the expansion of
transportation networks, smart cities like Lusail, and upgrades to utilities
and telecommunications. As these projects progress, the need for reliable and
advanced cabling solutions increases, supporting everything from power
distribution and lighting to data transmission and control systems. Moreover,
Qatar’s growing focus on renewable energy and energy efficiency is stimulating
demand for specialized cables used in solar installations, smart grids, and
energy storage systems. The country is also strengthening its position in the
oil and gas industry through upstream and downstream investments, which require
highly durable and safe cable systems for harsh environments.
Qatar is developing its industrial base and
encouraging local manufacturing, which reduces reliance on imports and fosters
innovation in cable technologies. Government support for local industries,
combined with strong regulatory standards for safety and quality, enhances
market stability and investor confidence.
Qatar's strategic geographic location and hosting of
global events, such as the FIFA World Cup 2022, have also accelerated
infrastructure timelines, setting the stage for long-term economic momentum.
These combined factors position Qatar as a rising hub for wires and cables in
the region, offering ample opportunities for manufacturers, suppliers, and
technology providers aiming to tap into a dynamic and fast-evolving market.
Recent Developments
- On 25th March 2025, Adani has
entered the cables and wires industry through a new joint venture, marking its
expansion into the electrical segment. The move has triggered a sharp reaction
in the market, causing notable declines in the stock prices of key industry
players like Polycab and R R Kabel. This strategic entry positions Adani as a
potential disruptor in the sector, intensifying competition and raising
investor concerns about market share dynamics and pricing pressures among
existing cable and wire manufacturers.
- On 2nd April 2025, Pasternack has
announced the launch of its new line of fiber optic cable assemblies, expanding
its portfolio of high-performance connectivity solutions. Designed to support
demanding data transmission applications, these assemblies offer enhanced
durability, precision, and signal integrity. The new products cater to
industries such as telecommunications, data centers, and aerospace, where
reliable and high-speed communication is critical. With this launch, Pasternack
reinforces its commitment to delivering advanced, ready-to-ship solutions for
evolving fiber optic and networking needs.
- In August 2024, the industry is
abuzz as V-Marc unveils its revolutionary wire and cable technology, promising
to set new benchmarks in performance, safety, and efficiency. This cutting-edge
innovation is designed to meet the evolving needs of modern infrastructure,
energy, and industrial applications. With enhanced conductivity, heat
resistance, and durability, the new technology is expected to significantly
impact the market. V-Marc’s bold move reinforces its position as a
forward-thinking player, drawing attention from stakeholders across the
electrical and power distribution sectors.
Key Market Players
- Saudi Cable Company
- Elsewedy Electric
- General Cable
- Ducab
- Fujikura Ltd.
- Cables & Accessories
- National Cables Industry
- Alfanar
- Arabian Cables Company
- Oman Cables Industry
|
By Voltage
|
By Installation
|
By End-User
|
By Type
|
By Country
|
|
|
|
- Aerospace &
Defense
- Construction
- IT &
Telecommunication
- Oil & Gas
- Consumer Electronics
- Manufacturing
- Automotive
- Others
|
|
- Saudi Arabia
- UAE
- Qatar
- Bahrain
- Kuwait
- Oman
- Israel
- Rest of Middle East
|
Report Scope:
In this report, the Middle East Wires
& Cables Market has been
segmented into the following categories, in addition to the industry trends
which have also been detailed below:
- Middle
East Wires
& Cables Market, By Voltage:
o Low
o Medium
o High
o Extra-High
- Middle
East Wires
& Cables Market, By Installation:
o Overhead
o Underground
- Middle
East Wires & Cables Market, By End-User:
o Aerospace & Defense
o Construction
o IT & Telecommunication
o Oil & Gas
o Consumer Electronics
o Manufacturing
o Automotive
o Others
- Middle
East Wires & Cables Market, By Type:
o Upstream
o Downstream
- Middle
East Wires & Cables Market, By Country:
o Saudi Arabia
o UAE
o Qatar
o Bahrain
o Kuwait
o Oman
o Israel
o Rest of Middle East
Competitive Landscape
Company Profiles: Detailed analysis of the major companies
present in the Middle East Wires & Cables Market.
Available Customizations:
Middle East Wires & Cables Market report
with the given market data, TechSci Research offers customizations according
to a company's specific needs. The following customization options are
available for the report:
Company Information
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profiling of additional market players (up to five).
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