Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
UAE Copper Rod and Busbar Market Size
The UAE copper rod and busbar market reached around USD 831.26 million in 2023. The market is further estimated to grow at a CAGR of 7.3% during 2024-2032 to reach a value of USD 1,556.18 million by 2032.
Key Takeaways
- The UAE has a robust construction sector that is launching residential and commercial projects worth billions of dollars. In 2022, Dubai recorded real estate transactions of worth USD 143.8 billion, a rise of 73% from 2021.
- The presence of key automotive manufacturers in the UAE, such as BMW, and W Motors aids copper rod demand for automotive electrical systems.
- The Dubai Electricity and Water Authority (DEWA) plans on increasing Dubai's EV Green Charging Stations from 370 in 2023 to around 1,000 by 2025.
Refining copper into copper rods has strengthened the UAE's position, globally. UAE-based companies such as Ducab and UCR have annual copper rod production capacities of around 180,000 tons and 220,000 metric tons respectively. These companies supply copper rods both domestically as well as internationally.
Copper products are widely used in the country in various markets, including construction and transportation, which contributes to the UAE copper rod and busbar market growth. In 2023, Dubai completed the construction of 3,520 buildings compared to 1,941 buildings in 2022.
The UAE's air transport market, which uses copper rods and other products for manufacturing aerospace components, is expected to expand by 170% by 2037. This would translate into 101 million more passenger trips and increased demand for aircraft.
The UAE supports the renewable energy sector through intensive research and development and governmental support. Solar power is now available in the country at around 1.35 cents per kilowatt hour. According to the International Renewable Energy Agency (IRENA), the country is expected to install over 18 GW of solar energy by 2030.
UAE Copper Rod and Busbar Market Report Snapshots
UAE Copper Rod and Busbar Market Size
UAE Copper Rod and Busbar Market Trends
UAE Copper Rod and Busbar Manufacturers
UAE Copper Rod and Busbar Market Regional Analysis
*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.*
Looking for specific insights?
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
Key Questions Answered in the Report
The market reached a value of USD 831.26 million in 2023.
The market is further estimated to grow at a CAGR of 7.3% during 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 1,556.18 million.
The factors driving the market include the increasing adoption of EVs, growing inclination towards renewable energy, and the establishment of UAE as a hub for for aerospace manufacturing and MRO.
The major end uses include construction, industrial equipment, transport, and non-industrial.
Direct and distributors are the two major sales channels in the market.
The key regional markets for copper rod and busbar are Abu Dhabi, Dubai, and Sharjah.
The key players in the market include Dubai Cable Company (Private) Limited, Aeris Stream Copper Manufacturing LLC, Emirates National Copper Factory LLC, Union Copper Rod LLC, Fujairah Gold FZC, and Bahra Advanced Cable Manufacture Co. Ltd., among others.
Purchase Full Report
Datasheet
- Selected Sections, One User
- Printing Not Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Single User License
One User
- All Sections, One User
- One Print Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
Five Users
- All Sections, Five Users
- Five Prints Allowed
- Email Delivery in PDF
- Free Limited Customisation
- Post Sales Analyst Support
50% Discount on Next Update
Corporate License
Unlimited Users
- All Sections, Unlimited Users
- Unlimited Prints Allowed
- Email Delivery in PDF + Excel
- Free Limited Customisation
- Post Sales Analyst Support
- 50% Discount on Next Update
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Subscribe to our Newsletter
By subscribing you agree to with our privacy policy and provide
consent to
receive
updates
from our company.
Our Offices
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
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 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124