Canada Wires and Cables Market Report and Forecast 2025-2034

Canada Wires and Cables Market Outlook

The Canada wires and cables market size reached about USD 4.3 billion in 2024. The market is projected to grow at a CAGR of 5.0% between 2025 and 2034, reaching a value of approximately USD 6.8 billion by 2034.

Key Takeaways

• Canada has the presence of five copper refineries, which are located in Newfoundland and Labrador, Quebec, Ontario and Alberta.

• In 2022, Canada exported copper and copper-based products with a total value of CAD 9.4 billion.

• The market benefits from the increasing engineering construction projects for public infrastructure.

The Canadian cable manufacturing sector ranks 82nd on a global scale and has the presence of 157 businesses operating.  Some of the major sectors where wires and cables are used in Canada are construction projects, engineering industries, industrial power plant industries, factories, and residential projects. The construction sector contributes significantly to the country’s economy and is witnessing growth resulted by increasing investments. For instance, the Governments of Canada and Alberta have allocated more than CAD 52.7 million for the completion of infrastructure projects through the Investing in Canada Infrastructure Program.  The expansion of the construction sector is increasing the use of wires and cables for electricity transmissions, further supporting the Canada wires and cables market growth.

In 2022, the mines in Canada produced 510,782 tonnes of copper in concentrate, with more than 50% from British Columbia. The transition towards green energy in Canada is significantly increasing the demand for copper, as it is widely used in electricity networks and clean energy technologies, such as electric vehicles. In 2022, Canada's total copper and copper-based products domestic exports were recorded at CAD 9.4 billion.

British Columbia has Canada’s largest copper mine, Highland Valley, near Logan Lake. In 2022, the mine produced 119,000 tonnes of copper.  Furthermore, the increasing construction activities in provinces such as British Columbia are contributing to the growth of the Canada wires and cables market. Currently, British Columbia has CAD 160 billion construction projects underway, registering an increase of CAD 3 billion since Fall 2023, and also a 5-year trend growth of 39%.

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Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Market Segmentation

Canada 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

• Low Voltage

• Medium Voltage

• High Voltage

Market Breakup by Product

• Power Cables

• Building Wires

• Flexible Wires and Cables

• EHV Cables

• Control/Instrumentation Cables

• Others

Market Breakup by Material

• Copper

• Aluminium

• Others

Market Breakup by End Use

• Construction
  • Residential
  • Commercial

• Telecommunications

• Energy and Power

• Automotive

• Aerospace and Defence

• Others

Market Breakup by Region

• British Columbia

• Alberta

• The Prairies

• Central Canada

• Atlantic Canada

Competitive Landscape

Market players are increasingly providing wires and cables that perform reliably in harsh conditions and under extreme temperatures, and that can be engineered and installed to meet the customer requirements.

• Southwire Company, LLC

• 3M Co.

• Eaton Corp. Plc

• Deca Cables Inc.

• Belden Inc.

• Nexans S.A.

• Electro Cables Inc.

• HELUKABEL Canada, Inc.

• Northern Cables Inc.

• Others

Key Highlights of the Report