Market Forecast By Types (4-Pin Molex, 20-Pin ATX, 26-Pin MDR, 26-Pin SDR), By Applications (PC, Laptop, Super Computer, Others) And Competitive Landscape
Product Code: ETC032465 | Publication Date: Jun 2023 | Updated Date: Oct 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Iraq Computer Power Cable Assemblies Market |
Forecast Period | 2024-2030 |
Market Size | USD 170 Million โย USD 392 Million |
CAGR | 10.2% |
Growing Sector | Electronics |
The Iraq Computer Power Cable Assemblies market report thoroughly covers the market by type and by application. The report provides an unbiased and detailed analysis of the on-going 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.
In 2024, the Iraq computer power cable assemblies market is valued at approximately $170 million, with a projected compound annual growth rate (CAGR) of 10.2% over the next five years. Additionally, by 2030, the market is expected to reach around $392 million. The laptop application holds the highest market share in the overall market.
The Iraq computer power cable assemblies market is witnessing gradual growth, driven by the increasing digitalization and expansion of the IT infrastructure across the country. As Iraq rebuilds its economy and modernizes its technological landscape, there is a rising demand for computers, data centers, and associated equipment, all of which require reliable power cable assemblies. The market is influenced by the growth in industries such as telecommunications, government, education, and business services, which are investing in IT hardware.
Additionally, the country's push toward improving internet connectivity and expanding its digital footprint further fuels the demand for computer power cable assemblies. However, challenges such as inconsistent power supply and the lack of robust local manufacturing capabilities may hinder the market's full potential. Despite these challenges, the market is expected to expand, supported by ongoing infrastructure development and foreign investments in Iraq's technology sector.
According to 6Wresearch, Iraq Computer Power Cable Assemblies market size is projected to grow at a CAGR of 10.2% during 2024-2030. The growth of the Iraq computer power cable assemblies market is driven by several factors, including the rapid digitalization across industries, increased investments in IT infrastructure, and the government's push toward modernizing telecommunications and data center capabilities. The rising demand for computers, servers, and related hardware in sectors like education, business, and government services is also a key driver.
Furthermore, efforts to expand internet connectivity and improve power infrastructure across the country are bolstering market growth. However, the Iraq Computer Power Cable Assemblies industry such as an unreliable power supply, which affects the consistent use of technology, and a lack of local manufacturing facilities, leading to reliance on imports. Political instability and fluctuating economic conditions can also create uncertainties for businesses operating in the market, posing additional hurdles to sustained growth. Despite these challenges, the increasing foreign investments and rebuilding efforts present substantial growth opportunities.
Key companies in the Iraq Computer Power Cable Assemblies Market include global players such as TE Connectivity, Amphenol Corporation, and Molex, which are prominent for their extensive range of high-quality connectors and cable solutions. Local distributors and regional suppliers also play a critical role in catering to the demand for power cable assemblies in Iraq's growing IT infrastructure and data center sector. Additionally, some of these players hold majority of the Iraq Computer Power Cable Assemblies market share.ย Additionally, companies like L-com and Belden are known for providing specialized assemblies and cables, meeting the specific requirements of sectors such as telecommunications and industrial applications in the region.
Government regulations in Iraq's Computer Power Cable Assemblies Market are influenced by broader national policies related to telecommunications, IT infrastructure, and import regulations. The Iraqi government, through its Ministry of Communications and the Iraq National Investment Commission, has implemented policies that encourage the modernization of IT infrastructure, which indirectly affects the demand for quality cable assemblies. Import regulations and standards are applied to ensure that all electrical and computer hardware, including power cables, comply with international safety and performance standards, such as CE and ISO certifications. Further, these initiatives have further boosted the Iraq Computer Power Cable Assemblies market revenues. Additionally, initiatives aimed at enhancing digital transformation and increasing foreign investments in Iraq's ICT sector are driving adherence to regulatory compliance and fostering market growth.
The future of Iraq's Computer Power Cable Assemblies Market looks promising, driven by ongoing digital transformation efforts and increased investments in the country's IT infrastructure. As Iraq continues to modernize its telecommunications and computing systems, there will be a growing demand for high-quality power cable assemblies to support both enterprise and consumer needs. The market is expected to benefit from government initiatives aimed at enhancing connectivity and IT services, as well as the increased penetration of digital devices such as laptops, desktops, and servers. Furthermore, as Iraq's economy stabilizes and foreign investments in its technology sector rise, the market for computer power cable assemblies is projected to experience steady growth in the coming years.
According to Ravi Bhandari, Research Head, 6Wresearch, the growth of laptop applications in Iraq's Computer Power Cable Assemblies Market is largely driven by the increasing adoption of laptops for both personal and professional use. As remote work, online education, and digital services gain traction, laptops have become essential tools, leading to a rising demand for compatible power cable assemblies. Moreover, the expansion of Iraq's IT infrastructure and improved internet connectivity are facilitating greater laptop penetration across urban and rural areas. This growth is further supported by a shift toward energy-efficient and durable power solutions, which enhances the market's potential for laptop-specific power cable assemblies in the near future.
The growth of 20-Pin ATX power cable assemblies in Iraq is primarily driven by the increasing adoption of desktop computers, servers, and custom-built systems, particularly in sectors like gaming, education, and business. As Iraq's IT and data center infrastructure expands, the demand for reliable power supply components grows, with the 20-Pin ATX type playing a crucial role in powering motherboards and ensuring system stability. Additionally, the rise in small and medium-sized enterprises (SMEs) adopting desktop-based setups further boosts demand for this component. However, challenges such as economic instability and fluctuating supply chains may impact consistent growth in this segment.
The Iraq Computer Power Cable Assemblies market 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 Iraq Computer Power Cable Assemblies Market Overview |
3.1 Iraq Country Macro Economic Indicators |
3.2 Iraq Computer Power Cable Assemblies Market Revenues & Volume, 2020 & 2030F |
3.3 Iraq Computer Power Cable Assemblies Market - Industry Life Cycle |
3.4 Iraq Computer Power Cable Assemblies Market - Porter's Five Forces |
3.5 Iraq Computer Power Cable Assemblies Market Revenues & Volume Share, By Types, 2020 & 2030F |
3.6 Iraq Computer Power Cable Assemblies Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 Iraq Computer Power Cable Assemblies Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Iraq Computer Power Cable Assemblies Market Trends |
6 Iraq Computer Power Cable Assemblies Market, By Types |
6.1 Iraq Computer Power Cable Assemblies Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Iraq Computer Power Cable Assemblies Market Revenues & Volume, By Types, 2020 - 2030F |
6.1.3 Iraq Computer Power Cable Assemblies Market Revenues & Volume, By 4-Pin Molex, 2020 - 2030F |
6.1.4 Iraq Computer Power Cable Assemblies Market Revenues & Volume, By 20-Pin ATX, 2020 - 2030F |
6.1.5 Iraq Computer Power Cable Assemblies Market Revenues & Volume, By 26-Pin MDR, 2020 - 2030F |
6.1.6 Iraq Computer Power Cable Assemblies Market Revenues & Volume, By 26-Pin SDR, 2020 - 2030F |
6.2 Iraq Computer Power Cable Assemblies Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Iraq Computer Power Cable Assemblies Market Revenues & Volume, By PC, 2020 - 2030F |
6.2.3 Iraq Computer Power Cable Assemblies Market Revenues & Volume, By Laptop, 2020 - 2030F |
6.2.4 Iraq Computer Power Cable Assemblies Market Revenues & Volume, By Super Computer, 2020 - 2030F |
6.2.5 Iraq Computer Power Cable Assemblies Market Revenues & Volume, By Others, 2020 - 2030F |
7 Iraq Computer Power Cable Assemblies Market Import-Export Trade Statistics |
7.1 Iraq Computer Power Cable Assemblies Market Export to Major Countries |
7.2 Iraq Computer Power Cable Assemblies Market Imports from Major Countries |
8 Iraq Computer Power Cable Assemblies Market Key Performance Indicators |
9 Iraq Computer Power Cable Assemblies Market - Opportunity Assessment |
9.1 Iraq Computer Power Cable Assemblies Market Opportunity Assessment, By Types, 2020 & 2030F |
9.2 Iraq Computer Power Cable Assemblies Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 Iraq Computer Power Cable Assemblies Market - Competitive Landscape |
10.1 Iraq Computer Power Cable Assemblies Market Revenue Share, By Companies, 2023 |
10.2 Iraq Computer Power Cable Assemblies Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |