Market revenue in 2023 | USD 10,826.8 million |
Market revenue in 2030 | USD 14,069.0 million |
Growth rate | 3.8% (CAGR from 2023 to 2030) |
Largest segment | Low voltage |
Fastest growing segment | Extra High Voltage |
Historical data | 2017 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Low Voltage, Medium Voltage, High Voltage, Extra High Voltage |
Key market players worldwide | Belden Inc, Fujikura Ltd, Furukawa Electric Co Ltd, Leoni AG ADR, Nexans, NKT A/S, Prysmian SpA, Sumitomo Corp |
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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 wires and cables market will help companies and investors design strategic landscapes.
Low voltage was the largest segment with a revenue share of 38.62% in 2023. Horizon Databook has segmented the Brazil wires and cables market based on low voltage, medium voltage, high voltage, extra high voltage covering the revenue growth of each sub-segment from 2017 to 2030.
Brazil, as the largest country in South America both in terms of land area and population, commands a prominent position in the wire and cable market. The sheer size of its population and extensive urban and industrial development activities establishes Brazil as a significant driver of demand for wire and cable products within the region.
With a diverse industrial base including sectors such as energy, automotive, oil and gas, mining, and manufacturing, Brazil exhibits a robust demand for wire and cable products crucial for communication networks, power transmission, machinery, and equipment.
Substantial investments in infrastructure development further solidify the country's dominant position in the wire and cable market. Brazil's commitment to enhancing transportation networks, energy systems, telecommunications, and urban development projects generates considerable demand for wire and cable products.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil wires and cables market , including forecasts for subscribers. This country databook contains high-level insights into Brazil wires and cables market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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