Market Report By Voltages (Low Voltage, Medium Voltage, High Voltage, Extra High Voltage), By Installation (Overhead, Underground), By Products (Fiber Optic Cable, Co-axial Cable And Other Cables), By Material (Copper, Aluminium, Glass), By End Users (Aerospace & Defense, Building & Construction, Oil & Gas, Energy & Power, IT & Telecommunication And Others) And Competitive Landscape
Product Code: ETC002687 | Publication Date: Dec 2023 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Australia Wires And Cables market currently, in 2023, has witnessed an HHI of 2466, Which has decreased slightly as compared to the HHI of 2598 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Australia Wires And Cables Market report thoroughly covers the market by voltage, installation, product, material, and end-users. The Australia wires and cables market outlook report provides an unbiased and detailed analysis of the ongoing Australia wires and cables market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Australia Wires and Cables Market is anticipated to grow during the forecast period due to the rising construction sector, which would increase the demand for wires and cables in the country. The wires and cables market of Australia has been facing high import penetration and fluctuating demand from downstream markets over the past five years.
According to 6Wresearch, Australia Wires and Cables Market size is estimated to register a CAGR of 4.5% during 2025-2031. The rise in population, coupled with the faster demand for electricity, is the central driving force behind the growth of Australia's wires and cables market. In addition, the government's positive outlook on renewable energy has inspired investments in renewable energy projects, which is leading to a rise in demand for wires and cable products, like solar panels and wind turbines. The upsurge of smart grids and smart cities also takes the industry forward, with more advanced as well as sophisticated infrastructures requiring complex wiring and cabling solutions.
Despite its lucrative market, the wires and cables market in Australia faces a number of challenges. One of the main challenges is the volatility of raw material prices. Copper prices, for example, have a significant impact on the industry, making it susceptible to price fluctuations. Furthermore, the evolving technologies for renewable energy projects require the industry players to stay at the cutting edge of advanced technology, which poses a challenge for smaller businesses that can't keep up with the costs of research and development.
Some of the most successful companies running their business and helping this market effectively to move forward are:
The Australian government has been concentrating on developing clean energy sources and improving the country's sustainable infrastructure, introducing a number of opportunities for the wires and cables market. For example, the government of Australia launched the Clean Energy Future initiative in 2012, which aims to reduce greenhouse gas emissions, encourage clean energy, and support the growth of energy-efficient industries like the wires and cables industry. In addition, the government also supports the industry by implementing policies that promote research and development and encourage the adoption of new technologies.
On the basis of products, the fibre optic segment portrays domination in the wires and cables market and would continue to dominate the market during the forecast period due to their high-quality signal transfer due to low interference along with high transmission speed which makes it much better than the substitute products.
On the basis of installation, the underground wires and cables account for the majority of share in the Australian wires and cables market revenues due to the increasing demand for power in urban areas and industries along with the cost-effectiveness of underground wires and cables. The growth in wires and cables for the IT and telecommunication sector would face a decline due to strong growth in the Wireless Telecommunications Carriers industry.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights |
2.2. Market Scope & Segmentation |
2.3. Research Methodology |
2.4. Assumptions |
3. Australia Wires and Cables Market Overview |
3.1. Australia Wires and Cables Market Revenues |
3.2. Australia Wires and Cables Market - Industry Life Cycle |
3.3. Australia Wires and Cables Market - Porterโs Five Forces |
3.4. Australia Wires and Cables Market Revenue Share, By Voltage |
3.5. Australia Wires and Cables Market Revenue Share, By Installation |
3.6. Australia Wires and Cables Market Revenue Share, By Products |
3.7. Australia Wires and Cables Market Revenue Share, By Materials |
3.8. Australia Wires and Cables Market Revenue Share, By End Users |
4. Australia Wires and Cables Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Australia Wires and Cables Market Trend |
6. Australia Wires and Cables Market Overview, By Voltages |
6.1. Australia Wires and Cables Market Revenues, By Voltages |
6.1.1. Australia Low Voltage Wires and Cables Market Revenues, 2021 - 2031F |
6.1.2. Australia Medium Voltage Wires and Cables Market Revenues, 2021 - 2031F |
6.1.3. Australia High Voltage Wires and Cables Market Revenues, 2021 - 2031F |
6.1.4. Australia Extra High Voltage Wires and Cables Market Revenues, 2021 - 2031F |
7. Australia Wires and Cables Market Overview, By Installation |
7.1. Australia Wires and Cables Market Revenues, By Installation |
7.1.1. Australia Over Head Wires and Cables Market Revenues, 2021 - 2031F |
7.1.2. Australia Underground Wires and Cables Market Revenues, 2021 - 2031F |
8. Australia Wires and Cables Market Overview, By Products |
8.1. Australia Wires and Cables Market Revenues, By Products |
8.1.1. Australia Fiber Optic Wires and Cables Market Revenues, 2021 - 2031F |
8.1.2. Australia Co-Axial Wires and Cables Market Revenues, 2021 - 2031F |
8.1.3. Australia Other Wires and Cables Market Revenues, 2021 - 2031F |
9. Australia Wires and Cables Market Overview, By Material |
9.1. Australia Wires and Cables Market Revenues, By Material |
9.1.1. Australia Copper Wires and Cables Market Revenues, 2021 - 2031F |
9.1.2. Australia Aluminum Wires and Cables Market Revenues, 2021 - 2031F |
9.1.3. Australia Glass Wires and Cables Market Revenues, 2021 - 2031F |
10. Australia Wires and Cables Market Overview, By End Users |
10.1. Australia Wires and Cables Market Revenues, By End Users |
10.1.1. Australia Aerospace & Defense Wires and Cables Market Revenues, 2021 - 2031F |
10.1.2. Australia Building & Construction Wires and Cables Market Revenues, 2021 - 2031F |
10.1.3. Australia Oil & Gas Wires and Cables Market Revenues, 2021 - 2031F |
10.1.4. Australia Energy & Power Wires and Cables Market Revenues, 2021 - 2031F |
10.1.5. Australia IT & Telecommunication Wires and Cables Market Revenues, 2021 - 2031F |
10.1.6. Australia Other Wires and Cables Market Revenues, 2021 - 2031F |
11. Australia Wires and Cables Key Performance Indicators |
12. Australia Electrical Equipment and Components Market Opportunity Assessment |
12.1. Australia Wires and Cables Market Opportunity Assessment, By Voltages, 2031F |
12.2. Australia Wires and Cables Market Opportunity Assessment, By Installation, 2031F |
12.3. Australia Wires and Cables Market Opportunity Assessment, By Products, 2031F |
12.4. Australia Wires and Cables Market Opportunity Assessment, By Materials, 2031F |
12.5. Australia Wires and Cables Market Opportunity Assessment, By End Users, 2031F |
13. Competitive Landscape |
13.1. Australia Wires and Cables Market Revenue Share Ranking, By Company, 2024 |
14. Company Profiles |
15. Key Strategic Recommendations |
16. Disclaimer |