South Africa Wires And Cables Market Size & Outlook

The wires and cables market in South Africa is expected to reach a projected revenue of US$ 6,240.8 million by 2030. A compound annual growth rate of 5.5% is expected of South Africa wires and cables market from 2024 to 2030.
Revenue, 2023 (US$M)
$4,286.4
Forecast, 2030 (US$M)
$6,240.8
CAGR, 2024 - 2030
5.5%
Report Coverage
South Africa

South Africa wires and cables market highlights

  • The South Africa wires and cables market generated a revenue of USD 4,286.4 million in 2023 and is expected to reach USD 6,240.8 million by 2030.
  • The South Africa market is expected to grow at a CAGR of 5.5% 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 4,286.4 million
Market revenue in 2030USD 6,240.8 million
Growth rate5.5% (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, South Africa accounted for 2.0% 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.

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Wires And Cables Market Companies

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South Africa 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 South Africa 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.


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

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

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

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

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