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2025年全球电线电缆产业市场分析:全球电线电缆区域格局分化,未来新能源和新兴市场显著推动全球市场增长
Qian Zhan Wang·2025-04-29 07:20

Global Wire and Cable Market Overview - The global wire and cable market is experiencing steady growth, with a projected market size of $267.8 billion in 2024, reflecting an 11.4% year-on-year increase [2] - The wire and cable industry is a fundamental support for the normal operation of modern economies and is indicative of a country's manufacturing level [1] Regional Market Dynamics - The traditional manufacturing regions of wire and cable are primarily in Europe, North America, and Northeast Asia, but production is shifting towards Asia, particularly China, Vietnam, and the Philippines, due to rapid economic growth [4] - The Asia-Pacific region accounts for 45% of the global wire and cable market, driven by demand from China and India, while Europe holds a 25% share, and North America accounts for 20% [6] Competitive Landscape - Prysmian Group is identified as the leading company in the global wire and cable industry, with Chinese companies increasingly enhancing their competitive strength, holding three positions in the top ten global manufacturers as of 2023 [7][9] Growth Opportunities and Challenges - The wire and cable industry is poised for significant growth in the renewable energy sector, particularly with the demand for high-voltage submarine cables for offshore wind power, expected to reach $12 billion by 2030 [10][12] - Emerging markets in Southeast Asia and Africa present new growth opportunities as electricity access improves [12] - Key challenges include fluctuations in raw material prices, particularly copper and aluminum, and trade barriers, such as anti-dumping investigations in Europe against Chinese cables [10][12]