PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1901477
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1901477
Metal-clad Cable market size was valued at US$ 8,789.98 Million in 2024, expanding at a CAGR of 4.9% from 2025 to 2032.
Metal-clad cables are commonly referred to as MC cables and are an extensive type of electrical power and control cable consisting of one to multiple insulated conductors surrounded by a continuous flexible metal sheath, most often aluminum or steel. The metal shield covering the cable provides an excellent durable support as well as an electrical grounding and carrying out the damage of the outer layer of the cable without affecting the inner conductor which is why the cable is applied in harsh conditions. It is also a common practice to use the power of MC cables in an extensive manner throughout all electrical and lighting installations among the very best areas of safety, fire resistance, and durability under the conditions of the commercial, industrial, and residential markets where these cables are mainly used. Metallic types of bonded cables in safety and performance have a significant advantage over the non-metallic types since they resist impacts, moisture, and EMI thus installing the cables even in 'mute' exposed location besides in concealed spaces, and hazardous or high-traffic areas becomes possible while still complying with stringent electrical safety codes and building regulations.
Metal-clad Cable Market- Market Dynamics
Rising Power & Energy Sector Investments
The metal-clad cable market is significantly influenced by the power and energy sector investments which are on the rise and constituted the major part of the market growth. Expansion and upgrading of the energy infrastructure need safe, durable, and high-performance cabling solutions. The utilities are investing heavily in the generation of electricity from both conventional sources and renewables such as wind and solar, which along with the planes for the upgrading of the transmission and distribution network, greatly increase the use of metal-clad cables. The energy sector prefers these cables because their metal sheath gives them a combination of mechanical protection, grounding and climatic condition resistance that are normally found around in power plants, substations and utility corridors. Government-initiated grid modernization, electrification of areas, and smart grid technology integration are also factors that support the use of metal cables; hence, the utilities will ensure that their equipment will have a long life, be safe for operation and meet up with strict electrical standards.
According to IEA, global energy investments are set to reach a record $3.3 trillion in 2025, with clean energy attracting twice the capital of fossil fuels.
By Application
The power generation and distribution segment is expected to growing substantially over the projected period. The reason for this is that the expansion and modernization of electrical infrastructure require strong, safe and reliable cables. Therefore, the heavy investments made by utilities and governments in new power plant construction, upgrading of old grids, and renewable energy sources integration have significantly raised the need for the installation of metal-clad cables in substations, transmission lines, and distribution networks. The primary reason for the high demand is the exceptional mechanical protection, fire-resistance and grounding capabilities of metal-clad cables in adverse environments. In fact, the increased usage in electrical power systems is a direct contributor to increasing market revenue, allowing for the overall growth of the metal-clad cable industry, as it not only increases its share of the power cables market but also captures a significant part of the spending in the wider area.
By Installation
The outdoor installations segment is expected to growing substantially over the projected period. The main reason for this is that these cables are highly favored where durability and reliability are of utmost importance, especially in exposed and external ElectriCal applications. The impenetrable metal-clad cables with their strong metallic armor offer protection against all types of environmental stressors including moisture, UV light, mechanical impact, and temperature changes, hence they are mainly used in outdoor power distribution networks, utility grids, renewable energy sites and even infrastructure projects. This ability to withstand outdoor use has resulted in greater demand in the development of urban infrastructure, transportation, and utility projects, which in turn has had a positive impact on the sales and market revenue overall as the developers and utilities are investing more in cabling solutions that are not only safe but also meet the high-performance requirements.
Metal-clad Cable Market- Geographical Insights
The Metal-clad Cable market in the Asia-Pacific region has reported rapid revenue growth, respectively, to the industrialization pace, infrastructure investment scale, and new energy projects in the utilities sector. Leading countries are China, India, Japan, South Korea, and Southeast Asia, which are building and electrifying massively, where the demand for robust electrical systems is heightened by the use of metal-clad cables for power distribution and even to critical applications where safety is concerned. Furthermore, the region's effort to improve the generation and transmission of power, including renewable energy and smart grid upgrades, is raising the demand for metal-clad solutions that are both durable and able to meet the rigorous safety standards. The presence of heavy industry, rapid urban development, and the commercialization of transportation, manufacturing, and other services are among the factors that are driving the market up in Asia-Pacific and giving it the projected growth that is above-average compared to other regions.
Metal-clad Cable Market- Country Insights
In the Asia Pacific, China leads the industry growth. The demand for robust cable systems in commercial, residential and industrial construction is the main factor behind the growth. The emergence of high-performance cabling solutions suitable for harsh operating environments is another factor that, together with the nationwide investments, will keep on influencing the growth of the industry. Metal-clad cables will increasingly be preferred as developers and utilities upgrade electrical installations to meet more stringent safety regulations and enhance the reliability of the systems, thus becoming an important source of revenue for the cable market in the region.
For instance, according to the International Energy Agency, between 2019 and 2024, China will account for 40% of global renewable capacity expansion.
The metal-clad (MC) cable sector is characterized by moderate concentration with the dominance of a few big players, vertically integrated cable manufacturers, and a long tail of regional/specialized producers. The major global firms, which are often mentioned in various market reports, are Prysmian Group, Nexans, Sumitomo/Furukawa (Japanese firms), Southwire, Belden/General Cable (which is now part of Prysmian in many markets), and some other large wire-and-cable manufacturers; all these companies have extensive product lines, large manufacturing sites, and close ties with projects/utilities.
In August 2025, Midal Cables, a leading producer of copper and aluminium wire and insulated conductors, has recently introduced its line of MiRecAL-a range of aluminium wire rod recycled products which is in accordance with the Kingdom of Bahrain's aim to be net zero by 2060. The company's adoption of this method showcases the persistence of sustainability as a priority in the industry. The MiRecAL series is composed of two recycled grades with the incorporation of 15% and 30% recycled aluminium respectively. It is estimated that these products will result in a maximum reduction of 29% of greenhouse gas emissions when compared to the non-substituted aluminium rod manufacturing, thus being a part of the low carbon economy efforts.
In August 2025, NORMA Group has introduced a new corrosion-resistant stainless steel quad cable cleat designed to meet the specific requirements of large-scale electrical installations, such as data centers. The cable cleat is engineered to secure up to four cables simultaneously, offering superior mechanical stability, enhanced protection, and efficient space utilization in high-demand environments.