Market revenue in 2024 | USD 584.9 million |
Market revenue in 2030 | USD 758.0 million |
Growth rate | 4.4% (CAGR from 2024 to 2030) |
Largest segment | Electrical |
Fastest growing segment | Electrical |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Electrical, Mechanical |
Key market players worldwide | Kaiser Aluminum Corp, Prysmian SpA, Southwire Company, Cerro Wire, Nexans, Sumitomo Electric Industries Ltd ADR, Southern Cable Group, Ducab, Norsk Hydro ASA |
Key Regions: U.S. , UK , Japan , Brazil , Gulf Cooperation Council
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aluminum wire market will help companies and investors design strategic landscapes.
Electrical was the largest segment with a revenue share of 83.36% in 2022. Horizon Databook has segmented the Middle East & Africa aluminum wire market based on electrical, mechanical covering the revenue growth of each sub-segment from to 2030.
The Middle East & Africa accounted for 2.5% share of the global aluminum wire market in 2020. The region holds a strong position in the oil & gas production industry owing to its substantial petroleum and natural gas reserves. The revenue generated from oil & gas industry fosters the infrastructural development of oil & gas facilities.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa aluminum wire market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa aluminum wire market from to 2030, including revenue numbers, major trends, and company profiles.
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