Middle East Wires & Cables Market is Expected to Register a 6.89% CAGR Through 2030
Growing Infrastructure Development and Expansion of the
Power & Energy Sector are likely to propel the market during the forecast
period.
According to
TechSci Research report, “Middle East Wires & Cables Market – By Country,
Competition, Forecast and Opportunities, 2020-2030F”, Middle East Wires & Cables Market was valued at
USD 22.11 Billion in 2024 and is expected to reach USD 33.27 Billion by 2030
with a CAGR of 6.89% during the forecast period.
One
of the most influential drivers of the Middle East wires and cables market is
the rapid pace of infrastructure development across the region. Countries like
the United Arab Emirates, Saudi Arabia, Qatar, and Oman are heavily investing
in large-scale construction and urbanization projects. These range from smart
cities like NEOM in Saudi Arabia to world-class transportation networks,
commercial complexes, and housing developments.
As
these projects grow in number and scale, the demand for high-quality electrical
wiring and cabling solutions increases proportionately. Electrical wiring is a
fundamental requirement for lighting, HVAC systems, communication lines,
security systems, and power distribution across all infrastructure segments.
High-rise buildings, airports, railways, and highways all require an extensive
range of cables, including power cables, data cables, and fiber optic systems.
Moreover, governments in the region are actively pushing for modernization and
diversification of their economies beyond oil, further fueling construction in
sectors like tourism, logistics, healthcare, and education. For example, the
UAE’s Vision 2030 and Saudi Arabia’s National Transformation Program are
leading to the construction of tech-driven cities and energy-efficient
buildings—each requiring advanced cabling infrastructure. This
continuous expansion of infrastructure ensures a consistent and growing demand
for wires and cables, making it a core driver of the market in the Middle East.
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Based
on end-user, The construction sector dominated the Middle East wires and cables
market due to the region’s aggressive investment in infrastructure, real
estate, and urban development. Governments across the Gulf Cooperation Council
(GCC) are actively pursuing ambitious national transformation plans—such as
Saudi Vision 2030, the UAE’s National Agenda, and Qatar National Vision
2030—which prioritize the creation of modern, diversified economies less
reliant on oil revenues. These initiatives have led to a surge in construction
activity, including smart cities, high-rise buildings, transportation networks,
commercial hubs, and industrial zones.
Wires
and cables are fundamental components in every stage of construction, from
temporary power during site development to permanent electrical systems for
lighting, HVAC, elevators, fire alarms, communication systems, and security
infrastructure. The increasing demand for safe, efficient, and high-performance
cabling solutions in residential and commercial projects drives the dominance
of this segment. Moreover, the focus on sustainability and digital
transformation in new developments is accelerating the adoption of advanced
cabling technologies, such as low-smoke zero halogen (LSZH) and fire-resistant
cables, especially in public spaces and high-density buildings. The integration
of smart technologies also increases the need for structured cabling systems
that support automation, data transmission, and energy management.
Massive
regional projects like NEOM in Saudi Arabia, Expo City Dubai, and Lusail City
in Qatar are examples of how large-scale construction continues to be a key
engine for growth in the wires and cables market. As these projects demand
diverse and large-scale electrical infrastructure, the construction sector is
expected to maintain its leading position in the foreseeable future.
Based
on Country, The United Arab Emirates (UAE) is the fastest-growing country in
the Middle East wires and cables market, driven by a combination of strategic
infrastructure development, economic diversification, and a forward-thinking
approach to technology and sustainability. One of the primary growth catalysts
is the country’s aggressive investment in mega projects, including smart cities
like Dubai South and Masdar City, world-class transportation networks,
commercial hubs, and luxury residential developments. Each of these projects
requires extensive electrical infrastructure, increasing demand for a wide
range of wires and cables.
Another
key factor is the UAE’s leadership in renewable energy adoption. The country
has set ambitious clean energy targets through initiatives such as the UAE
Energy Strategy 2050, which aims to generate 50% of its power from clean
sources. Major projects like the Mohammed bin Rashid Al Maktoum Solar Park and
the Barakah Nuclear Energy Plant have significantly contributed to the need for
specialized, high-performance cables suited for solar, wind, and nuclear
environments. Moreover, the UAE’s role as a regional trade and logistics hub
facilitates easy import and export of raw materials and finished products,
supporting a robust supply chain for the cables industry. Government policies
promoting local manufacturing, innovation, and foreign direct investment also
create an enabling environment for rapid market expansion.
Additionally,
the digital transformation underway in sectors like telecommunications, real
estate, and transportation fuels demand for fiber optic and data transmission
cables. With early adoption of technologies like 5G and smart grid systems, the
UAE is at the forefront of implementing advanced cabling solutions.
Major companies
operating in the Middle East Wires & Cables Market are:
- Saudi Cable
Company
- Elsewedy
Electric
- General Cable
- Ducab
- Fujikura Ltd.
- Cables &
Accessories
- National Cables
Industry
- Alfanar
- Arabian Cables
Company
- Oman Cables
Industry
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“The Middle East wires and cables market
presents significant growth opportunities driven by rapid urbanization,
infrastructure development, and energy diversification initiatives. With major
investments in smart cities, renewable energy projects, and industrial
expansion, demand for high-performance and specialized cabling solutions is
rising. Government-led economic diversification programs, such as Saudi Vision
2030 and the UAE’s Energy Strategy 2050, further accelerate infrastructure and
utility upgrades. Additionally, increasing emphasis on fire safety standards
and digital connectivity creates avenues for advanced cable technologies. These
dynamics collectively position the region as a promising market for both local
manufacturers and international suppliers seeking long-term growth.”
said Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.
“Middle East Wires &
Cables Market, By Voltage (Low, Medium, High,
Extra-High), By Installation (Overhead, Underground), By End-User (Aerospace
& Defense, Construction, IT & Telecommunication, Oil & Gas,
Consumer Electronics, Manufacturing, Automotive, Others), By Type (Upstream, Downstream),
By Country, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth
potential of Middle East Wires & Cables Market and provides statistics
& information on Market size, structure and future Market growth. The
report intends to provide cutting-edge Market intelligence and help decision-makers
make sound investment decisions., The report also identifies and analyzes the
emerging trends along with essential drivers, challenges, and opportunities in the
Middle East Wires & Cables Market.
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