Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Voltage (Low Voltage, Medium Voltage, High Voltage, Extra-High Voltage), By Installation (Overhead, Underground), By End-users (Aerospace & Defense, Building & Construction, Oil & Gas, Energy & Power, IT & Telecommunication, Others) And Competitive Landscape
Product Code: ETC055971 | Publication Date: Feb 2021 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Africa Wires & Cables Market |
Forecast Period | 2025-2031 |
Market Size | USD 2.3 billion by 2031 |
CAGR | 7.9% |
Growing Sector | Infrastructure, Energy |
The Africa Wires & Cables Market report thoroughly covers the market by countries, voltage levels, installation types, and end-users. The report provides an unbiased and detailed analysis of ongoing market trends, high-growth areas, and market drivers, enabling stakeholders to align their strategies with the current and future dynamics of the market.
Africa Wires & Cables Market size was valued at approximately USD 1.4 billion in 2025 and is projected to reach USD 2.3 billion by 2031, growing at a CAGR of 7.9% over the forecast period. This growth is attributed to rapid infrastructure development, urbanization, and rising energy demand across the region. Investments in renewable energy and advancements in telecommunication networks further fuel market expansion.
The Africa Wires & Cables Market has witnessed substantial growth, driven by the region's escalating energy and infrastructure demands. This market plays a pivotal role in supporting economic development by catering to sectors like construction, energy, and telecommunications. Favorable government policies and international investments are accelerating the adoption of advanced cable technologies. Key trends include a shift towards sustainable energy solutions and the deployment of high-voltage and fiber-optic cables to enhance connectivity. These factors collectively position the Africa Wires & Cables Market as a critical component of the continentโs development strategy.
According to 6Wresearch the Africa Wires & Cables Market size is expected to grow at a significant CAGR of 7.9% during the forecast period 2025-2031. The market is primarily driven by Africa's growing infrastructure and energy sectors. Expanding urbanization and industrialization have increased the demand for reliable power transmission and distribution systems. Government initiatives promoting electrification and renewable energy projects, such as solar and wind farms, are significant contributors. Additionally, the rising adoption of smart grid technologies and advancements in telecommunication networks necessitate high-quality wires and cables. The construction of modern residential and commercial spaces further fuels the demand, making infrastructure and energy key growth drivers for the Africa Wires & Cables Market.
The Africa Wires & Cables Market faces several challenges, including the high cost of raw materials such as copper and aluminum, which can impact production costs. Limited access to advanced manufacturing facilities in some regions hinders local production and increases dependence on imports. Regulatory inconsistencies across countries create challenges in standardizing quality and ensuring seamless trade. Moreover, inadequate infrastructure for transportation and logistics can delay project implementation. These factors collectively pose obstacles to the sustained growth of the market.
The Africa Wires & Cables Market is witnessing significant trends, such as the growing adoption of underground cables to improve safety and reduce transmission losses. Another key trend is the integration of smart cable systems equipped with sensors to monitor performance and identify faults in real-time. The renewable energy sector is also influencing the market, with an increased demand for specialized cables designed for solar and wind power applications. Additionally, advancements in fiber-optic technology are transforming telecommunication networks, enabling faster and more reliable connectivity across the continent.
The market offers robust investment opportunities, particularly in renewable energy projects and smart infrastructure development. Expansion of the telecommunication sector presents prospects for investments in fiber-optic cable production. The push for urbanization and smart cities creates demand for high-quality cables used in advanced infrastructure. Furthermore, opportunities exist in localizing cable manufacturing to reduce import dependency and enhance cost-effectiveness. Companies that focus on innovative and sustainable cable solutions are well-positioned to capitalize on these growth opportunities.
Prominent players in the market include Nexans, Prysmian Group, Southwire Company, and African Cables. These companies lead the market through their extensive product portfolios and investments in research and development to introduce innovative and efficient cable solutions. Their focus on sustainability and strategic partnerships has strengthened their position in the competitive landscape.
Government initiatives across Africa are playing a pivotal role in shaping the wires and cables market. Policies promoting electrification, such as South Africaโs Integrated Resource Plan (IRP) and Nigeriaโs Power Sector Recovery Plan, are driving investments in power transmission and distribution networks. Standards set by regulatory bodies ensure quality compliance, fostering market credibility. Additionally, initiatives aimed at developing renewable energy sources align with the continentโs commitment to sustainable development, further supporting the market.
The Africa Wires & Cables industry is anticipated to experience robust growth driven by advancements in infrastructure and energy sectors. Increasing investments in renewable energy and smart grid technologies will continue to propel the demand for high-quality cables. Companies focusing on innovative cable designs and efficient manufacturing processes will gain a competitive edge. As urbanization and electrification efforts intensify, the market is likely to expand, with a strong emphasis on sustainability and technological integration.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ashutosh, Senior Research Analyst, 6Wresearch, Nigeria is anticipated to be the fastest-growing segment in the Africa Wires & Cables Market. This growth is propelled by rapid urbanization and infrastructure development. Projected to reach USD 500 million by 2025, Nigeria's market expansion is largely influenced by government initiatives in improving power distribution and connectivity.
Low voltage cables are emerging as the fastest-growing segment in the market, driven by increasing demand in residential and commercial applications. By 2025, this segment is forecasted to attain a market size of USD 200 million, as the need for sustainable and energy-efficient electrical networks continues to rise.
The underground cable installation segment is the fastest-growing within this market, appealing to urban areas prioritizing aesthetics and reliability. With an estimated market size of USD 150 million by 2025, its growth is fueled by investments in reducing power outages and enhancing cable durability.
Energy & Power is the most rapidly expanding segment, driven by the continent's focus on expanding electrification and modernizing energy infrastructure. By 2025, this end-user segment is expected to capture a market size of USD 300 million, propelled by initiatives to improve energy access and integrate renewable energy sources.
The report provides a detailed analysis of the following market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Africa Wires & Cables Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Wires & Cables Market Revenues & Volume, 2021 & 2031F |
3.3 Africa Wires & Cables Market - Industry Life Cycle |
3.4 Africa Wires & Cables Market - Porter's Five Forces |
3.5 Africa Wires & Cables Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Africa Wires & Cables Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.7 Africa Wires & Cables Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.8 Africa Wires & Cables Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Africa Wires & Cables Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Wires & Cables Market Trends |
6 Africa Wires & Cables Market, 2021-2031F |
6.1 Africa Wires & Cables Market, Revenues & Volume, By Voltage, 2021-2031F |
6.2 Africa Wires & Cables Market, Revenues & Volume, By Installation, 2021-2031F |
6.3 Africa Wires & Cables Market, Revenues & Volume, By End-users, 2021-2031F |
7 South Africa Wires & Cables Market, 2021-2031F |
7.1 South Africa Wires & Cables Market, Revenues & Volume, By Voltage, 2021-2031F |
7.2 South Africa Wires & Cables Market, Revenues & Volume, By Installation, 2021-2031F |
7.3 South Africa Wires & Cables Market, Revenues & Volume, By End-users, 2021-2031F |
8 Nigeria Wires & Cables Market, 2021-2031F |
8.1 Nigeria Wires & Cables Market, Revenues & Volume, By Voltage, 2021-2031F |
8.2 Nigeria Wires & Cables Market, Revenues & Volume, By Installation, 2021-2031F |
8.3 Nigeria Wires & Cables Market, Revenues & Volume, By End-users, 2021-2031F |
9 Kenya Wires & Cables Market, 2021-2031F |
9.1 Kenya Wires & Cables Market, Revenues & Volume, By Voltage, 2021-2031F |
9.2 Kenya Wires & Cables Market, Revenues & Volume, By Installation, 2021-2031F |
9.3 Kenya Wires & Cables Market, Revenues & Volume, By End-users, 2021-2031F |
10 Rest of Africa Wires & Cables Market, 2021-2031F |
10.1 Rest of Africa Wires & Cables Market, Revenues & Volume, By Voltage, 2021-2031F |
10.2 Rest of Africa Wires & Cables Market, Revenues & Volume, By Installation, 2021-2031F |
10.3 Rest of Africa Wires & Cables Market, Revenues & Volume, By End-users, 2021-2031F |
11 Africa Wires & Cables Market Key Performance Indicators |
12 Africa Wires & Cables Market - Opportunity Assessment |
12.1 Africa Wires & Cables Market Opportunity Assessment, By Countries, 2021 & 2031F |
12.2 Africa Wires & Cables Market Opportunity Assessment, By Voltage, 2021 & 2031F |
12.3 Africa Wires & Cables Market Opportunity Assessment, By Installation, 2021 & 2031F |
12.4 Africa Wires & Cables Market Opportunity Assessment, By End-users, 2021 & 2031F |
13 Africa Wires & Cables Market - Competitive Landscape |
13.1 Africa Wires & Cables Market Revenue Share, By Companies, 2024 |
13.2 Africa Wires & Cables Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |