Japan Wires and Cables Market Report and Forecast 2025-2034

Japan Wires and Cables Market Outlook

The Japan wires and cables market size reached USD 17.1 billion in 2024. The market is projected to grow at a CAGR of 3.3% between 2025 and 2034, reaching a value of around USD 23.0 billion by 2034.

Key Takeaways

• In 2021, Japan produced about 1.52 million metric tons of refined copper, a key raw material for wires and cables.

• Japan is considered a hub for data flow between the US and Asia, stating a significant use of wires and cables for data transmission.

• More than 20 submarine cables connect directly to Japan, majorly, trunks, between the country and the US or other Asian countries, reinstating Japan’s presence as a data-transit hub.

Wires and cables are widely adopted in automobiles in wiring harness assemblies for all passenger performance and race cars, light, medium, heavy, and industrial trucks, among others. The automotive sector of Japan is rapidly growing with 1,381,558 vehicles registered in Q1 2023, an increase of 15% from the previous quarter. The expansion of the automotive sector in Japan is expected to further contribute to the growth of the wires and cables market. Furthermore, Japan is witnessing a growing inclination towards eco-wires and eco-cables that are developed with environmentally friendly materials with a smaller impact on the environment.

Additionally, with the expansion of the automobile sector, flexible cables are increasing in demand as they are designed to handle the stress during their assembly process and also the vibrations of moving vehicles.  The trend towards downsizing, weight reduction, and space-saving in various types of equipment is leading to the increased adoption of flexible wires and cables.

In June 2021, the United States and Japan collaborated for the development of 5G base stations and undersea cables with several countries, including countries in the Indo-Pacific region, Europe, and South America. Such developments in the telecommunications sector are increasing the demand for wires and cables, further supporting the Japan wires and cables market growth.

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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

Japan 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

Competitive Landscape

There is a growing trend of eco-wires and cables, resulted by increasing concerns regarding environment safety and sustainability.

• Sumitomo Electric Industries, Ltd.

• Mitsuboshi Co., Ltd

• ENEOS NUC Corporation

• Furukawa Electric Co., Ltd

• TATSUTA Electric Wire & Cable Co., Ltd

• Hokko Corporation K.K

• Daiichi Denzai Co., Ltd

• Oki Electric Industry Co., Ltd. (Oki Electric Cable Co., Ltd.)

• HI-LEX Corporation

• J-witex Corporation

• Others

Key Highlights of the Report