Qatar Wires and Cables Market Outlook (2022-2028) | Share, Growth, COVID-19 IMPACT, Revenue, Analysis, Companies, Value, Size, Industry, Trends & Forecast

Qatar Wires and Cables Market report thoroughly covers the market by voltage, by-products, installations, materials, and applications. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities, high growth areas, and market drivers which would help the stakeholders device and align their market strategies according to the current and future market dynamics.

Qatar Wires and Cables Market Synopsis

Qatar wires and cables market has registered high growth in 2021 on account of several government projects on the expansion of power plants. However, due to the outbreak of COVID-19 major construction projects came to a halt, which negatively impacted the demand for wires and cables in 2020. Although, as soon as the lockdown was lifted the market started recovering from the losses and the market is expected to grow in the coming years on account of the growing construction industry in Qatar.

According to 6Wresearch, Qatar Wires and Cables market size grew at a CAGR of 6.5% during 2022-2028. Qatar Electricity and Water Company (QEWC) plans to build new plants by 2027 with a production capacity of 2,600 MW of electricity that would be worth $3 billion. Additionally, Qatar plans to invest over USD 140 billion over the next five years in transport infrastructure to transform Qatar, which would act as a catalyst for the growing demand for wires and cables during the forecast period.

Market Analysis By Applications

In 2021, energy & power segment held the majority of market revenue share in the Qatar wires and cables market and is expected to maintain its dominance during the forecast period as well on account of government plans of ramping up renewable energy production to lower carbon emissions. Therefore, EPC tenders are floating for the development of renewable energy power plants. 

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 6 Years Market Numbers.
• Estimated Data Starting from 2018 to 2028F.
• Base Year: 2021
• Forecast Data until 2028F.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Qatar Wires and Cables Market Overview
• Qatar Wires and Cables Market Outlook
• Qatar Wires and Cables Market Forecast
• Historical Data and Forecast of Qatar Wires and Cables Market Revenues and Volume for the Period 2018-2028F
• Historical Data and Forecast of Qatar Wires and Cables Market Revenues, By Voltage for the Period 2018-2028F
• Historical Data and Forecast of Qatar Wires and Cables Market Revenues, By-Products for the Period 2018-2028F
• Historical Data and Forecast of Qatar Wires and Cables Market Revenues, By Installations for the Period 2018-2028F
• Historical Data and Forecast of Qatar Wires and Cables Market Revenues, By Materials for the Period 2018-2028F
• Historical Data and Forecast of Qatar Wires and Cables Market Revenues, By Applications for the Period 2018-2028F
• Market Drivers and Restraints
• Market Trends
• Industry Life Cycle
• Qatar Wires and Cables Market – Porter’s Five Forces
• Market Opportunity Assessment
• Company Revenue Ranking/Shares
• Market Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

 The report provides a detailed analysis of the following market segments:

By Voltage

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

By-Products

• Multi-Conductor
• Twisted Pair
• Coaxial
• Fibre Optics

By Installations

• Overhead
• Underground

By Materials

• Copper
• Aluminum
• Glass

By Applications

• Residential
• Commercial
• Industrial
• Energy and Power
• IT and Telecommunication
• Others (Hospitality, Healthcare, Aerospace, etc.)