Overhead Wires And Cables Global Market Report 2026

Overhead wires and cables are electrical conductors installed above the ground on poles or towers to transmit and distribute electricity or communication signals over long distances. They are widely used in power transmission, telecommunications, railway electrification, and other infrastructure systems.

The main types of overhead wires and cables include power cables, hybrid cables, and communication cables. Power cables are durable electrical conductors designed for efficient transmission and distribution of electric power from generation plants to substations and end users. These cables are made from materials such as metals and polymers and are available in various voltage ranges, including low, medium, high, and extra-high voltage. Overhead wires and cables are utilized across several end-use industries, including aerospace and defense, construction, information technology (IT) and telecommunications, power transmission and distribution, oil and gas, consumer electronics, manufacturing, automotive, and others.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have impacted the overhead wires and cables market by increasing the cost of imported metals, polymers, and pre-fabricated cable systems, especially affecting Asia-Pacific regions such as China and India, which are major suppliers. Segments such as high-voltage cables and hybrid cables face the highest cost pressures due to reliance on imported raw materials. While tariffs have slowed project execution and increased operational costs, they have also encouraged local manufacturing, investment in alternative materials, and supply chain diversification, leading to enhanced domestic capabilities and innovation.

The overhead wires and cables market research report is one of a series of new reports from The Business Research Company that provides overhead wires and cables market statistics, including the overhead wires and cables industry global market size, regional shares, competitors with the overhead wires and cables market share, detailed overhead wires and cables market segments, market trends, and opportunities, and any further data you may need to thrive in the overhead wires and cables industry. This overhead wires and cables market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The overhead wires and cables market size has grown strongly in recent years. It will grow from $176.54 billion in 2025 to $189.45 billion in 2026 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to expansion of electricity transmission networks, growth in telecommunication infrastructure, increased industrialization, rise in urbanization and construction activities, technological advancement in cable materials.

The overhead wires and cables market size is expected to see strong growth in the next few years. It will grow to $248.58 billion in 2030 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to growth of renewable energy transmission, adoption of smart grid solutions, expansion of 5g and telecom networks, demand for high-capacity data transmission, emphasis on sustainable and low-loss cable technologies. Major trends in the forecast period include adoption of high-voltage transmission lines, integration of fiber optic communication in power grids, development of hybrid power and data cables, use of lightweight and corrosion-resistant materials, smart monitoring and fault detection for overhead cables.

The increasing investments in renewable energy infrastructure are expected to drive the growth of the overhead wires and cables market in the coming years. Renewable energy infrastructure involves the development of solar, wind, and other clean energy generation facilities, along with the transmission networks required to efficiently deliver this energy to end users. The rise in these investments is fueled by the global focus on carbon reduction and sustainable energy adoption, necessitating the expansion of transmission and distribution systems to accommodate growing renewable power capacities. Overhead wires and cables play a key role in supporting these initiatives by ensuring reliable and efficient electricity transmission from renewable generation sites to consumption centers, minimizing energy loss and maintaining grid stability. For instance, in February 2025, according to the World Resources Institute, a US-based nonprofit organization, the United States installed approximately 39.6 gigawatts (GW) of solar capacity in 2024, surpassing the previous record of 27.4 GW set in 2023. Therefore, the increasing investments in renewable energy infrastructure are fueling the growth of the overhead wires and cables market.

Major companies operating in the overhead wires and cables market are focusing on advancing innovative low-carbon solutions, such as low-carbon aluminum conductors, to promote efficient, sustainable, and high-capacity power transmission through the use of advanced materials and energy-efficient manufacturing processes. Low-carbon aluminum conductors are overhead wires and cables made using aluminum produced with hydropower energy and recycled steel, significantly reducing carbon dioxide emissions compared to conventional conductors while maintaining high conductivity, mechanical strength, and thermal performance. For instance, in February 2025, Prysmian Group, an Italy-based telecom and energy cable producer, launched Low-Carbon TransPowr Conductors to enhance sustainability and efficiency in overhead power transmission lines. These conductors are manufactured using low-carbon aluminum produced with hydropower energy and recycled steel, resulting in substantially lower CO2 emissions than traditional conductors. They deliver high conductivity and mechanical strength for optimal power transmission efficiency, with durability and reliability under extreme environmental conditions, supporting long-term performance and grid stability.

In July 2024, Prysmian S.p.A., an Italy-based cabling solutions provider, acquired Encore Wire Corporation for an undisclosed amount. Through this acquisition, Encore Wire gained access to Prysmian's extensive global presence, advanced technological capabilities, and strong customer network, enabling accelerated growth, improved product offerings, and expansion in the North American overhead wires and cables market. Encore Wire Corporation is a US-based manufacturer of copper and aluminum electrical wires and cables.

Major companies operating in the overhead wires and cables market are Prysmian Group, Nexans S.A., Southwire Company LLC, Sumitomo Electric Industries Ltd., Furukawa Electric Co. Ltd., LS Cable & System Ltd., NKT A/S, General Cable Corporation, Polycab India Ltd., KEI Industries Ltd., Havells India Ltd., Finolex Cables Ltd., Hellenic Cables S.A., Trefinasa, Far East Cable Co. Ltd., Zhengzhou Cable Co. Ltd., Jiangsu Zhongtian Technology (ZTT) Group, Hebei New Baofeng Wire & Cable Co. Ltd., Encore Wire Corporation, Riyadh Cables Group, Elsewedy Electric, Taihan Electric Wire Co. Ltd., Brugg Cables, Universal Cables Ltd., Rea Magnet Wire Company

Asia-Pacific was the largest region in the overhead wires and cables market in 2025. The regions covered in the overhead wires and cables market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the overhead wires and cables market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The overhead wires and cables market consists of sales of power transmission cables, insulated wires, and vibration dampers. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Overhead Wires And Cables Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses overhead wires and cables market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for overhead wires and cables ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The overhead wires and cables market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Product Type: Power Cables; Hybrid Cables; Communication Cables
• 2) By Material: Metal; Polymer
• 3) By Voltage: Low Voltage; High Voltage; Medium Voltage; Extra-High Voltage
• 4) By End-User: Aerospace And Defense; Construction; Information Technology (IT) And Telecommunication; Power Transmission and Distribution; Oil And Gas; Consumer Electronics; Manufacturing; Automotive; Other End-Users
• Subsegments:
• 1) By Power Cables: Low Voltage Cables; Medium Voltage Cables; High Voltage Cables; Extra-High Voltage Cables
• 2) By Hybrid Cables: Power And Data Transmission Cables; Fiber Optic Hybrid Cables; Copper-Fiber Hybrid Cables; Industrial Hybrid Cables
• 3) By Communication Cables: Fiber Optic Cables; Coaxial Cables; Twisted Pair Cables; Ethernet Cables
• Companies Mentioned: Prysmian Group; Nexans S.A.; Southwire Company LLC; Sumitomo Electric Industries Ltd.; Furukawa Electric Co. Ltd.; LS Cable & System Ltd.; NKT A/S; General Cable Corporation; Polycab India Ltd.; KEI Industries Ltd.; Havells India Ltd.; Finolex Cables Ltd.; Hellenic Cables S.A.; Trefinasa; Far East Cable Co. Ltd.; Zhengzhou Cable Co. Ltd.; Jiangsu Zhongtian Technology (ZTT) Group; Hebei New Baofeng Wire & Cable Co. Ltd.; Encore Wire Corporation; Riyadh Cables Group; Elsewedy Electric; Taihan Electric Wire Co. Ltd.; Brugg Cables; Universal Cables Ltd.; Rea Magnet Wire Company
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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