1. Home
  2. > ICT
  3. > Telecom
  4. > Internet Services
  5. > Broadband Market Trends
Europe Wire and Cable Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type and End Use Industry

Europe Wire and Cable Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type and End Use Industry

  • October 2022
  • 103 pages
  • ID: 6362057
  • Format: PDF
  • The Insight Partners


Table of Contents

Search Inside

The wire and cable market in Europe is expected to grow from US$ 44,708.40 million in 2022 to US$ 60,588.61 million by 2028. It is estimated to grow at a CAGR of 5.2% from 2022 to 2028.

Increasing Use of Electric Vehicles

Electric vehicles are now a crucial component of the automotive sector and offer a solution to improve energy efficiency and reduce emissions of pollutants and other greenhouse gases.The primary growth factors are rising environmental concerns and beneficial government measures.

According to the International Energy Agency reports, consumers spent US$ 120 billion on electric car purchases in 2020, registering an increase of 50% from 2019.This represents an increase in sales of 41% and a rise in average pricing of 6%.

A few wire and cable manufacturers are investing considerably in boosting their manufacturing capacity to keep up with the rising demand brought on by the increasing use of EVs.For instance, LS Cable and System reported in September 2020 that it has begun producing aluminum wires in large quantities for EVs.

The company provides aluminum wires to major automakers, including Hyundai and Kia Motors. Thus, the increasing use of electric vehicles is driving the market for wire and cable.

Market Overview

Wire and cables market players in Europe are offering products that are designed to cater to the growing demands of the markets including energy and infrastructure, industrial and network components, oil and gas, among others.Companies are devoted to making the cabling systems and connectivity products that includes optical fiber, optical cables, connectivity components and accessories, OPGW (Optical Ground Wire) and copper cables.

Technological advancements are enabling the market players to cater to a wide spectrum of customer applications, with ease of use and optimal fiber management.There is a growing demand for Submarine Power cables in Europe owing to the political assistance in the renewable energy sources and the government incentives available for the sector.

There is a rising demand for high performance wire and cable solutions, especially the Offshore Wind and Interconnections segments.The demand is further being encouraged by the continuing reduction in electricity generation costs and government plans to promote the green economy and energy transition.

Industrial cables are witnessing a high growth in regions such as Germany and the UK. Technological advancements have led to increased demands for fibre optic cable in the Telecom industry. The market for wire and cables is further augmented by Digital Agenda for Europe 2025.

Europe Wire and Cable Market Revenue and Forecast to 2028 (US$ Million)

Europe Wire and Cable Market Segmentation

The Europe wire and cable market is segmented into type, end use industry, and country.Based on type, the market is segmented into cable, wire, and push-pull controls.

The wire segment registered the largest market share in 2022.

Based on end use industry, the Europe wire and cable market is segmented into aircraft, transportation, medical, marine, and construction. The transportation segment registered the largest market share in 2022.

Based on country, the market is segmented into Germany, France, Italy, UK, Russia, and Rest of Europe. US dominated the market share in 2022.

ASK Automotive Pvt. Ltd., Bergen Cable Technology, Cablecraft, Carl Stahl Sava Industries, and Top Cable are the leading companies operating in the wire and cable market in the region.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers


Reportlinker.com © Copyright 2023. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on