Brazil Wires And Cables Market Size & Outlook, 2023-2030

The wires and cables market in Brazil is expected to reach a projected revenue of US$ 14,069.0 million by 2030. A compound annual growth rate of 3.8% is expected of Brazil wires and cables market from 2024 to 2030.
Revenue, 2023 (US$M)
$10,826.8
Forecast, 2030 (US$M)
$14,069.0
CAGR, 2024 - 2030
3.8%
Report Coverage
Brazil

Brazil wires and cables market highlights

  • The Brazil wires and cables market generated a revenue of USD 10,826.8 million in 2023 and is expected to reach USD 14,069.0 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 3.8% from 2024 to 2030.
  • In terms of segment, low voltage was the largest revenue generating voltage in 2023.
  • Extra High Voltage is the most lucrative voltage segment registering the fastest growth during the forecast period.


Wires and cables market data book summary

Market revenue in 2023USD 10,826.8 million
Market revenue in 2030USD 14,069.0 million
Growth rate3.8% (CAGR from 2023 to 2030)
Largest segmentLow voltage
Fastest growing segmentExtra High Voltage
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLow Voltage, Medium Voltage, High Voltage, Extra High Voltage
Key market players worldwideBelden Inc, Fujikura Ltd, Furukawa Electric Co Ltd, Leoni AG ADR, Nexans, NKT A/S, Prysmian SpA, Sumitomo Corp


Other key industry trends

  • In terms of revenue, Brazil accounted for 5.1% of the global wires and cables market in 2023.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil wires and cables market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 14,069.0 million by 2030.

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Wires And Cables Market Companies

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Brazil wires and cables market outlook

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.

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  • Our clientele includes a mix of wires and cables market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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Brazil wires and cables market size, by voltage, 2017-2030 (US$M)

Brazil Wires And Cables Market Outlook Share, 2023 & 2030 (US$M)

Brazil wires and cables market size, by voltage, 2017-2030 (US$M)

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