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: ETC002690 | Publication Date: Dec 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Singapore Wires And Cables market currently, in 2023, has witnessed an HHI of 1996, Which has decreased slightly as compared to the HHI of 2974 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.
Topics Covered in Singapore Wires And Cables Market Report
Singapore Wires And Cables Market report thoroughly covers the market by voltage, installation, product, material, end-users, and regions including central, western, southern, and eastern regions. The Singapore wires and cables market outlook report provides an unbiased and detailed analysis of the ongoing Singapore 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.
Singapore Wires and Cables Market Synopsis
Singapore Wires and Cables Market is anticipated to grow on account of increasing urbanization and rapid growth in building infrastructure which would increase the power and energy demand in the country which would, in turn, drive the demand for wires and cables in the country. In addition, growing offshore wind farms, high voltage direct current links, and grid interconnections are projected to fuel the growth of the market. The market has seen a halt owing to the massive outbreak of COVID-19 which resulted in nationwide lockdowns to combat the spread of the virus and has led to a decline in the overall market growth.
According to 6Wresearch, Singapore Wires and Cables Market size is projected to register a CAGR of 5.4% during 2024-2030. Singapore's wires & cables market is projected to attain traction in the years ahead owing to an increase in the scope of acceptance in the telecommunications industry. Moreover, the rise in the corporate sector growth has led to requiring better internet speed to operate the system efficiently in the offices coupled with the increasing 5G penetration in the country is leading to strengthening the growth of the telecommunication industry and is leading to instigating the use of wires & cables and is expected to bolster the substantial growth of the Singapore wires & cables market in the upcoming six years. Despite the positive developments of the market, it is also confronting some gigantic challenges, like rising competition, price volatility of raw materials, and the threat of low-cost imports from China and other nations. Customers are becoming more aware of the environmental impact of cable production, expanding the need for sustainable manufacturing practices.
Key Players of the Market
Some of the well-known players running their businesses in this market are:
Singapore Wires and Cables Industry: Government Regulations
The government of Singapore has taken a number of initiatives in order to support the success of the wires and cables market in the nation. For instance, the Building and Construction Authority (BCA) has developed the Singapore Standard for Code of Practice for Electrical Installations, which purposes to ensure the efficient as well as safe installation of electrical systems. The Infocomm Media Development Authority (IMDA) has also launched many initiatives to support the adoption of 5G technology, including providing subsidies to key players that deploy 5G networks and inspiring collaborations among industry players.
Wires and Cables Market in Singapore: Latest News
The Singapore wires and cables industry has seen numerous recent developments that reflect transformations in the trends of the sector. For instance, there has been an expansion in demand for fiber optic cables owing to the increasing prevalence of data centers, cloud computing, and remote working. In the country, there has also been a rising emphasis on sustainability, with nations developing eco-friendly cables that are recyclable and made of non-toxic materials.
Market Segmentation by Installation
According to Saurav, Senior Research Analyst, 6Wresearch, the underground cables portray dominance in the Singapore wires and cables market in 2019, by installation segment as the adoption of smart grids fulfilling the rising need of grid interconnection, significantly resulting in rising investments in the new submarine and underground cables. Additionally, the cost benefits offered by underground cables in terms of maintenance further drive the aforementioned wires and cables segment in the market.
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
By Voltages
By Installation
By Products
By Materials
By End Users
By Regions
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of the Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Saudi Arabia Wires & Cables Market Overview |
3.1. Saudi Arabia Wires and Cables Market Revenues & Volumes, 2020-2030F |
3.2. Saudi Arabia Wires and Cables Market-Industry Life Cycle |
3.3. Saudi Arabia Wires and Cables Market-Porter’s Five Forces |
3.4. Saudi Arabia Wires and Cables Market Revenues & Volumes Share, By Voltage Types, 2020 & 2030F |
3.5. Saudi Arabia Wires and Cables Market Revenue Share, By Installation Types, 2020 & 2030F |
3.6. Saudi Arabia Wires and Cables Market Revenue Share, By Material Types, 2020 & 2030F |
3.7 Saudi Arabia Wires and Cables Market Revenue Share, By Applications, 2020 & 2030F |
3.8 Saudi Arabia Wires and Cables Market Revenue Share, By Regions, 2020 & 2030F |
4. Saudi Arabia Wires & Cables Market COVID-19 Impact Analysis |
5. Saudi Arabia Wires & Cables Market Dynamics |
5.1. Impact Analysis |
5.2. Market Drivers |
5.3. Market Restraints |
6. Saudi Arabia Wires & Cables Market Trends |
7. Saudi Arabia Wires & Cables Market Overview, By Voltage |
7.1. Saudi Arabia Wires & Cables Market Revenues and Volumes, By Low Voltage, 2020 & 2030F |
7.2 Saudi Arabia Wires & Cables Market Revenues and Volumes, By Medium Voltage, 2020 & 2030F |
7.3 Saudi Arabia Wires & Cables Market Revenues and Volumes, By High Voltage, 2020 & 2030F |
7.4 Saudi Arabia Wires & Cables Market Revenues and Volumes, By Extra High Voltage, 2020 & 2030F |
8. Saudi Arabia Wires & Cables Market Overview, By Installation Type |
8.1 Saudi Arabia Wires & Cables Market Revenues, By Overhead, 2020-2030F |
8.2 Saudi Arabia Wires & Cables Market Revenues, By Underground, 2020-2030F |
9. Saudi Arabia Wires & Cables Market Overview, By Material Type |
9.1 Saudi Arabia Wires & Cables Market Revenues, By Copper, 2020-2030F |
9.2 Saudi Arabia Wires & Cables Market Revenues, By Aluminium, 2020-2030F |
9.3 Saudi Arabia Wires & Cables Market Revenues, By Glass, 2020-2030F |
10. Saudi Arabia Wires & Cables Market Overview, By Applications |
10.1 Saudi Arabia Wires & Cables Market Revenues, By Residential, 2020-2030F |
10.2 Saudi Arabia Wires & Cables Market Revenues, By Buildings and Commercial, 2020-2030F |
10.3 Saudi Arabia Wires & Cables Market Revenues, By Industrial, 2020-2030F |
10.4 Saudi Arabia Wires & Cables Market Revenues, By Power and Energy, 2020-2030F |
10.5 Saudi Arabia Wires & Cables Market Revenues, By IT & Telecommunications, 2020-2030F |
10.6 Saudi Arabia Wires & Cables Market Revenues, By Healthcare, 2020-2030F |
10.7 Saudi Arabia Wires & Cables Market Revenues, By Gaming & Amusements, 2020-2030F |
10.8 Saudi Arabia Wires & Cables Market Revenues, By Automotive, 2020-2030F |
10.8.1. Saudi Arabia Wires & Cables Market Revenues, By Light Automotive Vehicles, 2020-2030F |
10.8.2. Saudi Arabia Wires & Cables Market Revenues, By Heavy Automotive Vehicles, 2020-2030F |
10.8.3. Saudi Arabia Wire & Cables Market Revenues, By Electronic Automotive Vehicles, 2020-2030F |
10.8.4. Saudi Arabia Wires & Cables Market Revenues, By Motorbikes Automotive Vehicles, 2020-2030F |
10.8.5 Saudi Arabia Wires & Cables Market Revenues, By Others Automotive Vehicles, 2020-2030F |
10.9 Saudi Arabia Wires & Cables Market Revenues, By Others, 2020-2030F |
11. Saudi Arabia Wires & Cables Market Overview, By Regions |
11.1 Saudi Arabia Wires & Cables Market Revenues, By Northern, 2020 & 2030F |
11.2 Saudi Arabia Wires & Cables Market Revenues, By Central, 2020 & 2030F |
11.3 Saudi Arabia Wires & Cables Market Revenues, By Southern, 2020 & 2030F |
12. Saudi Arabia Wires & Cables Market- Key Performance Indicators |
13. Saudi Arabia Wires & Cables Market Opportunity Assessment |
13.1. Saudi Arabia Wires & Cables Market Opportunity Assessment, By Voltage, 2030F |
13.2. Saudi Arabia Wires & Cables Market Opportunity Assessment, By Installation, 2030F |
13.3. Saudi Arabia Wires & Cables Market Opportunity Assessment, By Applications, 2030F |
13.4 Saudi Arabia Wires & Cables Market Opportunity Assessment, By Regions, 2030F |
14. Saudi Arabia Wires & Cables Market Competitive Landscape |
14.1. Saudi Arabia Wires & Cables Market Revenue Share, By Companies (2022) |
14.2. Saudi Arabia Wires & Cables Market Competitive Benchmarking, By Technical Parameters |
14.3. Saudi Arabia Wires & Cables Market Competitive Benchmarking, By Operating Parameters |
15. Saudi Arabia Wires & Cables Market Key Clients Identification |
16. Company Profiles |
16.1. Belden Inc. |
16.2. Fujikura Ltd. |
16.3. Furukawa Electric Co. Ltd. |
16.4. Leoni AG |
16.5. Leviton Manufacturing Co. |
16.6 LS Cables & System Ltd |
16.7 Molex Inc. |
16.8 Nexans |
16.9 Prysmian SpA |
16.10 Sumitomo Corporation |
16.11 Viakable S.A. de C.V |
17. Key Strategic Recommendations |
18. Disclaimer |
List of Figures |
1. Saudi Arabia Wires and Cables Market Revenues & Volumes, 2020-2030F ($ Billion, Million Tons) |
2. Industry Life Cycle of Saudi Arabia Wire and Cable Market |
3. Saudi Arabia Wires and Cables Market Revenue Share, By Voltage Types, 2020 & 2030F |
4. Saudi Arabia Wires and Cables Market Volume Share, By Voltage Types, 2020 & 2030F |
5. Saudi Arabia Wires and Cables Market Revenue Share, By Installation Types, 2020 & 2030F |
6. Saudi Arabia Wire and Cables Market Revenue Share, By Material Types, 2020 & 2030F |
7. Saudi Arabia Wire and Cables Market Revenue Share, By Applications, 2020 & 2030F |
8. Saudi Arabia Wire and Cables Market Revenue Share, By Regions, 2020 & 2030F |
9. COMEX Copper Prices, October 2020-March 2021 (U.S. Dollars per Pounds) |
10. Saudi Arabia Estimated Investment in Electric Sector 2021-2031 ($ Billion) |
11. Saudi Arabia Clean Energy Generation Goals, 2018-28 |
12. Saudi Arabia Expected Renewable Power Generation Capacity, 2010-2030 |
13. Saudi Arabia Clean Energy Investment, 2016-2030 |
14. Saudi Arabia Wires & Cables Market Opportunity Assessment, By Voltage Types, 2030F |
15. Saudi Arabia Wires & Cables Market Opportunity Assessment, By Installation Types, 2030F |
16. Saudi Arabia Wires & Cables Market Opportunity Assessment, By Applications, 2030F |
17. Saudi Arabia Wires & Cables Market Opportunity Assessment, By Regions, 2030F |
18. Saudi Arabia Wires & Cables Market Revenue Share, By Companies, 2020 |
List of Tables |
1. Saudi Arabia Ongoing Transmission Projects, 2021-2025 |
2. Saudi Arabia Wire and Cables Market Revenues, By Voltage, 2020-2030F ($ Million) |
3. Saudi Arabia Wire and Cables Market Volumes, By Voltage, 2020-2030F (Thousand Tons) |
4. Saudi Arabia Wire and Cables Market Revenues, By Installation, 2020-2030F ($ Million) |
5. Saudi Arabia Wire and Cables Market Revenues, By Materials, 2020-2030F ($ Million) |
6. Saudi Arabia Wire and Cables Market Revenues, By Applications, 2020-2030F ($ Million) |
7. Saudi Arabia Wire and Cables Market Revenues, By Building & Commercial Application, 2020-2030F ($ Million) |
8. Saudi Arabia Wire and Cables Market Revenues, By Power & Energy Application, 2020-2030F ($ Million) |
9. Saudi Arabia Wire and Cables Market Revenues, By Industrial Application, 2020-2030F ($ Million) |
10. Saudi Arabia Wire and Cables Market Revenues, By IT & Telecommunication Application, 2020-2030F ($ Million) |
11. Saudi Arabia Wire and Cables Market Revenues, By Healthcare Application, 2020-2030F ($ Million) |
12. Saudi Arabia Wire and Cables Market Revenues, By Gaming & Amusements Application, 2020-2030F ($ Million) |
13. Saudi Arabia Wire and Cables Market Revenues, By Automotive Application, 2020-2030F ($ Million) |
14. Saudi Arabia Wire and Cables Market Revenues, By Regions, 2020-2030F ($ Million) |
15. Saudi Arabia Physical Goals of Transmission Works by Voltage level, 2021-27 (Km-C) |
16. Saudi Arabia Under Construction Projects, 2021-2025 |
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: ETC002690 | Publication Date: May 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Singapore Wires And Cables Market report thoroughly covers the market by voltage, installation, product, material, end-users, and regions including central, western, southern, and eastern regions. The Singapore wires and cables market outlook report provides an unbiased and detailed analysis of the ongoing Singapore 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.
Singapore Wires and Cables Market Synopsis
Singapore Wires and Cables Market is anticipated to grow on account of increasing urbanization and rapid growth in building infrastructure which would be increasing the power and energy demand in the country which would, in turn, drive the demand for wires and cables in the country. In addition, growing offshore wind farms, high voltage direct current links, and grid interconnections are projected to fuel the growth of the market. The market has seen a halt owing to the massive outbreak of COVID-19 which resulted in nationwide lockdowns to combat the spread of the virus and has led to a decline in the overall market growth.
According to 6Wresearch, Singapore Wires and Cables Market size is projected to grow at CAGR of 6.1% during 2020-2026. The country would see a sharp slowdown in 2020, the economy of the country contracted by 2.2% in the first quarter due to the COVID-19 outbreak. The wider forecast range is to account for heightened uncertainties in the global economy, given the unprecedented nature of the COVID-19 outbreak, including the public health measures taken in many countries to contain the outbreak. The slowing economic development of the market would hamper the demand for the wires and cables in the market due to the lockdown conditions.
Market Analysis by Installation
On the basis of installation, the underground cables portray dominance in the Singapore wires and cables market in 2019, by installation segment as the adoption of smart grids fulfilling the rising need of grid interconnection, significantly resulting in rising investments in the new submarine and underground cables. Additionally, the cost benefits offered by underground cables in terms of maintenance further drives the aforementioned wires and cables segment in the market.
Singapore wires & cables market is projected to gain traction in the years ahead owing to an increase in the scope of acceptance in the telecommunications industry. Moreover, the rise in the corporate sector growth has led to requiring better internet speed to operate the system efficiently in the offices coupled with the increasing 5G penetration in the country is leading to strengthening the growth of the telecommunication industry and is leading to instigate the use of wires & cables and is expected to bolster the substantial growth of the Singapore wires & cables market in the upcoming six years.
Key Attractiveness of the Report
Key Highlights of the Report
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
Other Key Reports Available: