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

UAE 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.

UAE Wires and Cables Market Synopsis

UAE wires and cables market has registered significant growth in 2021 on account of several government initiatives such as in Expo 2021, UAE government was awarded about 47 construction contracts with a total value of US$ 3 billion. However, due to the outbreak of COVID-19 major construction projects came to a halt as the country is highly reliable on the migrant labors, which negatively impacted the demand for wires and cables in 2020. Although, as soon as the government eased the lockdown regulations 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 UAE.

According to 6Wresearch, UAE Wires and Cable market size grew at a CAGR of 6.8% during 2022-2028. The country’s “Operation 300 billion”, would focus on promoting and developing the industrial sector by 2031, boding well with the growing demand for wires and cables during the forecast period.

Market Analysis By Applications

In 2021, the energy & power segment held the majority of market revenue share in the UAE wires and cables market and is expected to maintain its dominance during the forecast period as well on account of power transmission line expansion. Furthermore, the UAE Energy Strategy 2050 calls for increased power distribution efficiency through the installation of new power networks and the undergrounding of overhead electricity lines.

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

• UAE Wires and Cables Market Overview
• UAE Wires and Cables Market Outlook
• UAE Wires and Cables Market Forecast
• Historical Data and Forecast of UAE Wires and Cables Market Revenues and Volume for the Period 2018-2028F
• Historical Data and Forecast of UAE Wires and Cables Market Revenues, By Voltage for the Period 2018-2028F
• Historical Data and Forecast of UAE Wires and Cables Market Revenues, By-Products for the Period 2018-2028F
• Historical Data and Forecast of UAE Wires and Cables Market Revenues, By Installations for the Period 2018-2028F
• Historical Data and Forecast of UAE Wires and Cables Market Revenues, By Materials for the Period 2018-2028F
• Historical Data and Forecast of UAE Wires and Cables Market Revenues, By Applications for the Period 2018-2028F
• Market Drivers and Restraints
• Market Trends
• Industry Life Cycle
• UAE 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.)