France Wires And Cables Market Size & Outlook, 2023-2030
France wires and cables market, 2017-2030 (US$M)
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France wires and cables market highlights
- The France wires and cables market generated a revenue of USD 6,541.9 million in 2023 and is expected to reach USD 8,861.9 million by 2030.
- The France market is expected to grow at a CAGR of 4.4% 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 2023 | USD 6,541.9 million |
| Market revenue in 2030 | USD 8,861.9 million |
| Growth rate | 4.4% (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 |
Other key industry trends
- In terms of revenue, France accounted for 3.1% 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 Europe, Germany wires and cables market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 8,861.9 million by 2030.
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Wires And Cables Market Scope
Wires And Cables Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
France 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 44.35% in 2023. Horizon Databook has segmented the France 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.
The increasing population and improving standard of living in France are driving a surge in electricity demand, thereby propelling the wire and cable market in the country. France's commitment to reducing reliance on fossil fuels and increasing the use of renewable energy sources is further boosting the demand for wires and cables used in constructing solar and wind farms.
In addition, the adoption of smart grid technology in France, aimed at enhancing the efficiency and reliability of the electricity grid, is fueling the demand for wires and cables suitable for smart grid applications.
The increasing integration of smart devices, the Internet of Things (IoT), and automation across numerous industries has heightened the demand for cables capable of handling sophisticated data transmission, power distribution, and control systems. Collaborations between manufacturers, research institutes, and universities play a vital role in advancing the French wire and cable industry.
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Our clientele includes a mix of wires and cables market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the France wires and cables market , including forecasts for subscribers. This country databook contains high-level insights into France wires and cables market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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France wires and cables market size, by voltage, 2017-2030 (US$M)
France Wires And Cables Market Outlook Share, 2023 & 2030 (US$M)
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