Indonesia Wires & Cables Market (2020-2026) | Growth, Size, Companies, Trends, Value, Analysis, COVID-19 IMPACT, Forecast, Industry, Revenue, Share & Outlook

Indonesia Wires and Cables Market | Country-Wise Share and Competition Analysis

In the year 2021, China was the largest exporter in terms of value, followed by Singapore. It has registered a growth of 36.57% over the previous year. While Singapore registered a growth of 24.04% as compared to the previous year. In the year 2017, China was the largest exporter followed by Japan. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Indonesia has the Herfindahl index of 1996 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of  2844 which signifies a high concentration in the market.

Indonesia Wires and Cables Market - Export Market OpportunitiesThe latest development (2023) of the Indonesia Wires & Cables Market

Indonesia Wires & Cables Market growing at a rapid pace due to high investment in the infrastructure projects, automotive, and electronics sectors. Indonesia is becoming a major exporter of wires and cables, and this is also helping to drive the growth of the market. The future of the Indonesia wires & cables market looks bright and strong and the market is expected to continue to grow at a healthy pace in the years to come.  There are various companies present in the market that are investing heavily in the research and development arena to expand their production capacity in order to meet the growing demand for wires and cables in Indonesia.

Topics Covered in Indonesia Wires & Cables Market Report

Indonesia Wires & Cables Market report thoroughly covers the market by voltage, installation and end user. The outlook report provides an unbiased and detailed analysis of the ongoing 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.

Indonesia Wires & Cables Market is projected to grow over the coming year. Indonesia Wires & Cables Market report is a part of our periodical regional publication Asia Pacific Wires & Cables Market outlook report. 6W tracks the Wires & Cables market for over 60 countries with individual country-wise market opportunity assessments and publishes the report titled Global Wires & Cables Market Outlook report annually.

Indonesia Wires & Cables Market Synopsis

Indonesia Wires & Cables Market is expected to grow in the forecast period due to expanding population and increasing disposable income. The major reason for the growth is the focus of the Indonesian government on infrastructure development.

According to 6Wresearch, Indonesia Wires & Cables Market size is likely to register growth during 2020-2026.  The expansion of the manufacturing sector is one of the major drivers for the expansion of the market. The rising adoption of renewable energy sources in the country has driven the need for specialized and effective cables used in solar and wind power projects. The government of Indonesia's focus on developing and upgrading the country infrastructure plays a significant role in propelling the wires and cables market. The government investment in transportation, energy, and telecommunication projects has increased the demand for wires and cables, boosting market growth. There are some challenges present in the market.  The availability of Counterfeit products is a major concern, which affects the credibility of the market but also poses safety risks. Economic uncertainties and regulatory changes have hindered the growth trajectory of the market.

COVID-19 Impact on Indonesia Wires & Cables Market

The COVID-19 pandemic had a significant impact on the market. The wires and cables sector faced numerous challenges due to the pandemic-induced disruptions. The government of Indonesia implemented strict lockdown measures and travel restrictions to curb the spread of the virus, resulting in temporary shutdowns of businesses and construction projects in the country. These restrictions led to disruptions in the supply chain, labour shortages, and delays in project executions, which affected the overall demand and distribution of wires and cables. The decline in economic activities and consumer reluctance to spend during the pandemic also had an adverse impact on the market. 

Indonesia Wires & Cables Market: Key players

• PT Voksel Electric Tbk
• PT Supreme Cable Manufacturing & Commerce Tbk
• PT KMI Wire and Cable Tbk
• PT Jembo Cable Company Tbk
• PT Sumi Indo Kabel Tbk
• PT Tranka Kabel Indonesia
• PT Eterna Multi Kreasi
• PT Sinar Dunia Makmur Tbk

These are the major players in the market who have contributed significantly towards the growth and development of the market.

Market by Voltage

According to Dhaval, Research Head, 6Wresearch based on voltage, the market is segmented into Low Voltage, Medium Voltage, High Voltage and Extra-High Voltage. The low voltage segment is expected to dominate the market in the coming years on account of its major use in the commercial applications 

Market by Installation

Based on the installation, the overhead installation will witness growth in the forecast year due to its use in rural areas for the distribution of power and electricity.

Market by End-user

The building and construction segment will have a remarkable share in the market as this sector is a major consumer of wires and cables for electrical wiring and installations in residential and commercial domains.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2019.
• Base Year: 2019.
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Indonesia Wires & Cables Market Outlook
• Market Size of Indonesia Wires & Cables Market, 2019
• Forecast of Indonesia Wires & Cables Market, 2026
• Historical Data and Forecast of Indonesia Wires & Cables Revenues & Volume for the Period 2016 - 2026
• Indonesia Wires & Cables Market Trend Evolution
• Indonesia Wires & Cables Market Drivers and Challenges
• Indonesia Wires & Cables Price Trends
• Indonesia Wires & Cables Porter's Five Forces
• Indonesia Wires & Cables Industry Life Cycle
• Historical Data and Forecast of Indonesia Wires & Cables Market Revenues & Volume By Voltage for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Wires & Cables Market Revenues & Volume By Low Voltage for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Wires & Cables Market Revenues & Volume By Medium Voltage for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Wires & Cables Market Revenues & Volume By High Voltage for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Wires & Cables Market Revenues & Volume By Extra-High Voltage for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Wires & Cables Market Revenues & Volume By Installation for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Wires & Cables Market Revenues & Volume By Overhead for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Wires & Cables Market Revenues & Volume By Underground for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Wires & Cables Market Revenues & Volume By End-users for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Wires & Cables Market Revenues & Volume By Aerospace & Defense for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Wires & Cables Market Revenues & Volume By Building & Construction for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Wires & Cables Market Revenues & Volume By Oil & Gas for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Wires & Cables Market Revenues & Volume By Energy & Power for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Wires & Cables Market Revenues & Volume By IT & Telecommunication for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Wires & Cables Market Revenues & Volume By Others for the Period 2016 - 2026
• Indonesia Wires & Cables Import Export Trade Statistics
• Market Opportunity Assessment By Voltage
• Market Opportunity Assessment By Installation
• Market Opportunity Assessment By End-users
• Indonesia Wires & Cables Top Companies Market Share
• Indonesia Wires & Cables Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Wires & Cables Company Profiles
• Indonesia Wires & Cables Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Voltage

• Low Voltage
• Medium Voltage
• High Voltage
• Extra-High Voltage

By Installation

• Overhead
• Underground

By End-users

• Aerospace & Defence
• Building & Construction
• Oil & Gas
• Energy & Power
• IT & Telecommunication
• Others