Saudi Arabia Wires And Cables Market Size & Outlook

The wires and cables market in Saudi Arabia is expected to reach a projected revenue of US$ 12,946.8 million by 2030. A compound annual growth rate of 4.7% is expected of Saudi Arabia wires and cables market from 2024 to 2030.
Revenue, 2023 (US$M)
$9,390.1
Forecast, 2030 (US$M)
$12,946.8
CAGR, 2024 - 2030
4.7%
Report Coverage
Saudi Arabia

Saudi Arabia wires and cables market highlights

  • The Saudi Arabia wires and cables market generated a revenue of USD 9,390.1 million in 2023 and is expected to reach USD 12,946.8 million by 2030.
  • The Saudi Arabia market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
  • In terms of segment, medium 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 9,390.1 million
Market revenue in 2030USD 12,946.8 million
Growth rate4.7% (CAGR from 2023 to 2030)
Largest segmentMedium 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, Saudi Arabia accounted for 4.4% 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 Middle East & Africa, Saudi Arabia wires and cables market is projected to lead the regional market in terms of revenue in 2030.
  • UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 11,689.0 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Wires And Cables Market Scope

Wires and cables market segmentation & scope
Low Voltage
Medium Voltage
High Voltage
Extra High Voltage
Overhead
Underground
Aerospace and Defense
Building & Construction
Oil and Gas
Energy and Power
IT & Telecommunication
Others

Wires And Cables Market Companies

Name Profile # Employees HQ Website

Saudi Arabia 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.


Medium voltage was the largest segment with a revenue share of 42.33% in 2023. Horizon Databook has segmented the Saudi Arabia 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.


Reasons to subscribe to Saudi Arabia wires and cables market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Saudi Arabia wires and cables market databook

  • 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.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia wires and cables market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia wires and cables market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

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

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

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

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more