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Historical Year
Forecast Year
The Asia Pacific wires and cables market size reached approximately USD 157.2 billion in 2024. The market is projected to grow at a CAGR of 3.8% between 2025 and 2034, reaching a value of around USD 221.6 billion by 2034.
Reportedly, Asia is considered a top region for international traffic and is considered a key hub of Internet activity. The increasing interest in Internet and cloud-based services is encouraging global hyperscalers and wholesale network providers to invest in the region, further improving the bandwidth. Further, the Asia Pacific wires and cables market growth is supported by the significant growth of the construction sector. In 2022, public sector construction output increased by 14.3% to USD 17.3 billion in Singapore.
With the increasing importance of environmental protection and preference for sustainable products, flexible cables are gaining traction due to their excellent performance. Flexible wires offer increased service life and can complete between one and three million cycles.
The advent of Industry 4.0 in countries such as Malaysia is increasing the integration of wires and cables for automating smart factories. It also allows for data and power flow, which are important for the functioning of interconnected, intelligent industrial systems. India is a prominent country in the region witnessing rapid growth for wires and cables. The favourable government initiatives such as the Rs 12,195 crore PLI scheme for the telecom sector including localised production of core transmission equipment, routers and switches support the market expansion.
Asia Pacific wires and cables Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments
Market Breakup by Voltage
Market Breakup by Product
Market Breakup by Material
Market Breakup by End Use
Market Breakup by Region
The wires and cables sector is witnessing a strong emphasis from market players on integrating advanced technologies, to meet the changing demands of consumers.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Voltage |
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| Breakup by Product |
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| Breakup by Material |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of approximately USD 157.2 billion in 2024.
The market is estimated to grow at a CAGR of 3.8% between 2025 and 2034.
The market is estimated to witness a healthy growth during 2025-2034 to reach around USD 221.6 billion by 2034.
The wires and cables market in the Asia Pacific is driven by the expansion of the construction sector, rising technological advancements, the advent of Industry 4.0, the transition towards smart homes, and the growing automotive sector.
The key materials are copper, aluminium, and others.
The products include power cables, building wires, flexible wires and cables, EHV cables, control/instrumentation cables, and others.
The major countries are China, Japan, India, ASEAN, and Australia, among others.
The major players in the market are Hitachi, Ltd, Sumitomo Electric Industries, Ltd, Mitsuboshi Co., Ltd, ENEOS NUC Corporation, Furukawa Electric Co., Ltd, TATSUTA Electric Wire & Cable Co., Ltd, Tai Sin Electric Limited, Polycab India Ltd, Oki Electric Industry Co., Ltd. (Oki Electric Cable Co., Ltd.), and V Guard Industries Ltd, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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