Middle East Wire and Cable - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026 - 2031)

According to Mordor Intelligence, the Middle East wire and cable market size was valued at USD 4.67 billion in 2025 and estimated to grow from USD 4.81 billion in 2026 to reach USD 5.78 billion by 2031, at a CAGR of 3.74% during the forecast period (2026-2031).

This report is Segmented by Voltage (Low, Medium, and Extra- and High-Voltage), Cable Type (Power, Fiber-Optic, and More), Conductor (Copper, and More), Installation (Overhead, Underground, and Submarine), End-User (Construction - Residential, and More), Insulation (Insulated and Non-Insulated) and Geography (Saudi Arabia, Qatar, and More). The Market Forecasts are Provided in Terms of Value (USD).

Middle East Wire and Cable Market Trends and Insights

Expansion and Modernization of National Electricity Grids

National grid modernization remains the strongest demand driver for the Middle East wire and cable market. Saudi Electricity Company procurement supports the procurement of medium- and high-voltage systems for new load centers and residential expansion. Giga-project construction adds to the need for transmission connections and utility equipment. HVDC projects require associated feeder and substation cables in addition to their main transmission systems. This combination supports demand across more cable categories than a single procurement award may show. Suppliers with established testing credentials are well placed to respond to these requirements.

Utility-Scale Renewable Energy and Grid-Integration Projects

Renewable projects create demand for solar DC cables, collector cables, and long-distance transmission conductors. Saudi Arabia has a 58.7 GW renewable capacity target for 2030, which supports multi-year cable needs for new generation and grid connections. Remote solar and wind sites require insulation that can tolerate heat and ultraviolet exposure. These requirements make compliance with specifications important for suppliers serving premium utility projects. The Middle East wire and cable market also benefits when offshore energy systems connect to mainland grids. This work requires specialized marine cables, landfall equipment, and links to the wider grid.

Copper, Aluminum, and Polymer Price Volatility

Raw-material volatility is the most immediate margin risk for regional cable manufacturers. Copper prices near USD 13,500 per tonne in May 2026 raised costs for products that use copper intensively. Fixed-price infrastructure contracts expose suppliers when metal prices change after contract award. Producers are responding through metal-linked adjustment clauses and more frequent price resets. Higher copper costs can also encourage engineers to consider aluminum or composite conductors where technical rules allow. Larger suppliers may gain an advantage when they can secure upstream materials or absorb short-term cost movements.

Other drivers and restraints analyzed in the detailed report include:

1. Mega-Project, Transport Network, and Smart-City Construction
2. Data Center, 5G, FTTH, and Submarine Connectivity Expansion
3. Fragmented National Standards, Testing, and Certification Requirements

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Low-voltage cables accounted for 50.94% of revenue in 2025, making them the largest voltage category in the Middle East wire and cable market. Residential and commercial construction account for much of this demand. NEOM, Diriyah Gate, and ROSHN require large volumes of building wire through phased construction programs. Low-voltage products also support internal distribution within commercial sites and public buildings. Their demand depends on construction schedules, building approvals, and contractor purchasing cycles. Extra- and high-voltage cables are forecast to grow at a 3.85% CAGR through 2031. This reflects investment in HVDC and extra-high-voltage alternating-current corridors. These systems link new load centers with national grids and remote generation assets. Medium-voltage cables remain essential for urban distribution, metro extensions, substations, and industrial parks.

Riyadh Cables Group completed type testing for a TAQA 1X2500 mm2 400 kV EHV cable system in May 2026. The testing took place at the company's ISO 17025-accredited laboratory. The event indicates a domestic capability for a voltage class previously supplied mainly by foreign producers. Technical qualification can improve access to premium utility tenders. IEC 60840 and IEC 62067 are increasingly important in EHV procurement requirements. These standards raise the entry threshold for suppliers without documented testing credentials. Pre-approved suppliers can benefit from this restricted qualification base. New suppliers must invest in testing, design validation, and project references. The Middle East wire and cable market retains a broad need for all voltage classes because construction and grid programs advance together. This creates a balanced opportunity across building, distribution, and transmission applications.

Power cables commanded 61.86% of revenue in 2025 and remained the largest cable type. Energy infrastructure continues to receive a significant share of regional capital spending. Every new renewable project needs collection, distribution, and transmission systems. Saudi Arabia's renewable energy program supports sustained power cable procurement over the forecast period. Signal and control products serve instrumentation in plants, industrial facilities, and energy sites. Coaxial and data cables support monitoring and communications functions. These applications provide recurring demand for producers with varied product portfolios. Power cable demand also benefits from urban grid upgrades and new substations. The category remains central to the Middle East wire and cable market because electricity systems underpin most regional projects. Its scale reflects the continuing priority placed on reliable power infrastructure.

Fiber-optic cable is expected to grow at a 3.98% CAGR through 2031. Terrestrial FTTH networks, 5G backhaul, and submarine systems support that expansion. Submarine projects require land-based cables at landing stations and along routes to inland data centers. This creates demand beyond the marine cable section itself. Ooredoo's FIG project shows the scale of planned regional connectivity investment. Fiber products are also used in data-center interconnects and structured cabling. Hybrid cable designs can combine high-voltage transmission with optical sensing. Such products can help utilities monitor temperature and strain on a shared route. Digital infrastructure therefore broadens the cable type mix while power cable remains the dominant category. This supports a gradual shift toward higher-value specialty products.

Complete Report Scope:

• By Voltage
  • Extra- and High-Voltage (Greater Than 35 kV)
  • Medium-Voltage (1-35 kV)
  • Low-Voltage (Less Than 1 kV)
• By Cable Type
  • Power Cable
  • Fiber-Optic Cable
  • Signal and Control Cable
  • Coaxial and Data Cable
• By Conductor Material
  • Copper
  • Aluminum
  • Optical Glass/Polymer
• By Installation
  • Overhead
  • Underground
  • Submarine
• By End-User Vertical
  • Construction - Residential
  • Construction - Commercial
  • Power Infrastructure (Utilities and Renewables)
  • Telecommunications and Data Centers
  • Oil and Gas and Petrochemicals
  • Automotive and Mobility
  • Industrial Manufacturing
• By Insulation
  • Insulated
  • Non-Insulated
• By Country
  • Saudi Arabia
  • United Arab Emirates
  • Qatar
  • Israel
  • Turkey
  • Kuwait
  • Oman
  • Bahrain
  • Rest of Middle East

List of Companies Covered in this Report:

1. Riyadh Cables Group
2. Jeddah Cables Company
3. Ducab Group
4. Elsewedy Electric
5. Saudi Cable Company
6. Bahra Advanced Cable Manufacture Co.
7. Oman Cables Industry SAOG
8. National Cable Industry
9. Arabian Cables Company
10. Doha Cables
11. Qatar International Cables Company
12. Prysmian S.p.A.
13. Nexans S.A.
14. NKT A/S
15. LS Cable and System Ltd.
16. Sumitomo Electric Industries, Ltd.
17. Furukawa Electric Co., Ltd.
18. Fujikura Ltd.
19. ABB Ltd.
20. Hitachi Energy Ltd.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support