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

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

In the year 2021, Oman was the largest exporter in terms of value, followed by China. It has registered a growth of 42.31% over the previous year. While China registered a growth of 51.43% as compared to the previous year. In the year 2017, Oman was the largest exporter followed by Italy. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Qatar has a Herfindahl index of 1107 in 2017 which signifies high competitiveness also in 2021 it registered a Herfindahl index of  1500 which signifies moderately concentrated in the market.

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

Qatar Wires & Cables Market is expected to grow in the forthcoming years on account of increasing demands for electricity, the adoption of the smart grid technology and the major development of the infrastructure. The government of Qatar is promoting the adoption of smart grid technology. Smart grid technology uses advanced sensors and communication systems to monitor and control the flow of electricity. This technology is helping to improve the efficiency of the power grid and reduce losses. Qatar is investing hugely over the next five years in transport infrastructure to transform Qatar. This will require the construction of new roads, bridges, and tunnels, which will create a demand for wires and cables. The key players are investing heavily in the research and development domain to stay competitive in the market.

Topics Covered in Qatar Wires & Cables Market Report

Qatar 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.

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

Qatar Wires & Cables Market Synopsis

Qatar Wires & Cables Market is likely to grow in the forecast year.  The country's energy projects include exploration, production, and refining cables for safe and effective operations. The Urbanization and Smart Cities initiatives by the government have fuelled the growth of the market.

According to 6Wresearch, Qatar Wires & Cables Market size is projected to register growth during 2020-2026. The key reason for the development of the market is advancement in the technology. There is production of new and improved wires and cables in the country which are reliable and effective. The oil and gas sector is a significant driver of the economy of Qatar. Exploration, extraction, and refining activities in this industry require various types of wires and cables. The growth in the population and urbanization have also propelled the growth of the market as there is an expansion of the urban areas. The development in the infrastructure has also contributed to the growth of the market as there is a remarkable rise in the projects of transportation and construction. The growth of the market is due to the success of the Middle East Wires & Cables Market. There are certain challenges prevalent in the market. The regional political tension in the country is the major challenge for the market and the geopolitics tension has affected the trade and supply chains in the country. There is heavy competition from the imports and the local manufacturers are facing major challenges to sustain in the competitive market.

COVID-19 Impact on Qatar Wires & Cables Market

Qatar Wires & Cables Market Industry was heavily impacted by the outbreak of COVID-19. There was a fluctuation in the demand due to economic uncertainty and consumers were reluctant in investing during the lockdowns. The supply chain disruptions led to delays in production and delivery of the finished products. Many construction projects in Qatar were delayed due to the pandemic and this impacted the demand for wires and cables, as these materials are vital products in construction and infrastructure projects. The businesses adapted to remote work arrangements, and this factor increased the demand for data cables and networking infrastructure to support remote communication and online services during the midst of the global health crisis. These factors have led to a decrease in Qatar Wires & Cable Market Share.

Qatar Wires & Cables Market: Key players

Qatar International Cables Company

• Qatar Cable Company
• DUCAB Qatar
• Nexans Qatar WLL
• Qatar Steel Company (Qatar Steel)
• Gulf Cable & Electrical Industries Company
• Al Misnad Trading W.L.L.
• Doha Cables
• KEI Industries Limited
• LS Cable & System Qatar WLL

These are the significant players in the Wires & Cables Market in Qatar who are contributing towards the development of the market by fulfilling the various needs of the consumers.

Market by Voltage

Based on voltage, low-voltage Wires & Cables will dominate the market due to their use in distribution of the power and lighting.

Market by Installation

Based on the installation, the overhead installation will grow in the forthcoming year due to its major use in rural areas.

Market by End-user

According to Dhaval, Research Head, 6Wresearch, based on End users, the building and commercial segment will have a major share of the market due to its use in construction projects.

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:

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