United Arab Emirates (UAE) Power Cable Market (2023-2029) | Size, Industry, Outlook, Share, Growth, Revenue, Forecast, Analysis, Trends, Value, Segmentation & COVID-19 IMPACT

UAE Power Cable Market | Country-Wise Share and Competition Analysis

In the year 2021, Saudi Arabia  was the largest exporter in terms of value, followed by China. It has registered a decline of -28.81% over the previous year. While China registered a growth of 18.5% as compare to the previous year. In the year 2017 Saudi Arabia was the largest exporter followed by China. In term of Herfindahl Index, which measures the competitiveness of countries exporting, UAE has the Herfindahl index of 4869 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of  5928 which signifies high concentration in the market.

UAE Power Cable Market - Export Market Opportunities

Topics Covered in the United Arab Emirates (UAE) Power Cable Market

United Arab Emirates (UAE) Power Cable Market report thoroughly covers the market by installation type, by voltage, and by end use. The market 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.

United Arab Emirates (UAE) Power Cable Market Synopsis

United Arab Emirates (UAE) Power Cable Market is playing a key role in the country's infrastructure development projects owing to its rapidly expanding economy and its growing need for electricity. Also, the various types of cables including low voltage, medium voltage, and high voltage are being used to meet the rising demands. Additionally, the government's focus on diversifying energy sources and promoting renewable energy initiatives has spiked investment in power generation projects, leading to a higher demand for power cables. Moreover, rapid urbanization and construction activities have further contributed to the demand for efficient transmission and distribution systems across residential, commercial, and industrial sectors.

According to 6Wresearch, the United Arab Emirates (UAE) Power Cable Market is anticipated to grow steadily during the forecast period 2023-2029. One of the primary drivers of the UAE power cable market which is also an integral part of Middle East Power Cable Market is the surging demand for electricity in various sectors such as construction, infrastructure development, and industrial activities. The rapid urbanization and population growth in the country have led to a surge in energy consumption, thereby propelling the demand for power cables in UAE. Moreover, with the government's focus on renewable energy sources and sustainable development initiatives, there is an increased emphasis on investing in transmission and distribution infrastructure. Additionally, technological advancements have played a crucial role in shaping the market landscape. The introduction of innovative materials and manufacturing techniques has resulted in more efficient and durable power cables with enhanced conductivity. However, price volatility of raw materials like copper or aluminum directly impacts production costs of power cables.

The impact of COVID-19 on the United Arab Emirates (UAE) Power Cable Market

The COVID-19 pandemic has had a significant impact on the United Arab Emirates (UAE) power cable market size owing to the lockdowns, travel restrictions, and economic uncertainties. The market has been affected due to supply chain disruptions as government has implemented lockdown to curb the virus spread, leading to delayed shipments and limited availability of raw materials. This has resulted in longer lead times and increased costs for manufacturers. With construction projects being put on hold due to restrictions on movement and labor shortages, there has been a decrease in demand for power cables in certain sectors such as infrastructure development.

Leading players in the United Arab Emirates (UAE) Power Cable Market

The United Arab Emirates (UAE) Power Cable Industry is a highly competitive and dynamic industry, with several key players dominating the market share. These companies play a crucial role in meeting the growing demand for power cables in the UAE. Some of the prominent players in this market includes;

• Prysmian Group
• Nexans
• Emirates Electrical Engineering LLC (EEE)
• Ducab.

Future of the United Arab Emirates (UAE) Power Cable Market

The future of the United Arab Emirates (UAE) Power Cable Market looks promising, with several factors contributing to its growth potential. The key factors driving the United Arab Emirates (UAE) Power Cable Market Growth include the surging demand for electricity in various sectors such as construction, infrastructure development, and renewable energy projects. Additionally, the government's focus on renewable energy is expected to drive further investment in transmission infrastructure. Furthermore, advancements in technology are projected to play a crucial role in shaping the future of the power cable market.

Market Analysis by Installation Type

According to Ravi Bhandari, Research Head, 6Wresearch, the UAE power cable market is anticipated to experience significant growth in the underground and submarine installation segments due to urbanization and renewable energy projects. 

Key Attractiveness of the Report

• COVID-19 Influence on the Market Dynamics.
• 10 Years of Market Data.
• Historical Numbers from 2019 to 2022.
• Base Year: 2022
• Market Forecast Data Until 2029
• Key Performance Indicators Influencing the Market.
• Key Developments and Projects.

Key Highlights of the Report

• United Arab Emirates (UAE) Power Cable Market Outlook
• Market Size of United Arab Emirates (UAE) Power Cable Market, 2022
• Forecast of United Arab Emirates (UAE) Power Cable Market, 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Power Cable Revenues & Volume for the Period 2019 - 2029
• United Arab Emirates (UAE) Power Cable Market Trend Evolution
• United Arab Emirates (UAE) Power Cable Market Drivers and Challenges
• United Arab Emirates (UAE) Power Cable Price Trends
• United Arab Emirates (UAE) Power Cable Porter's Five Forces
• United Arab Emirates (UAE) Power Cable Industry Life Cycle
• Historical Data and Forecast of United Arab Emirates (UAE) Power Cable Market Revenues & Volume By Installation Type for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Power Cable Market Revenues & Volume By Overhead for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Power Cable Market Revenues & Volume By Underground for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Power Cable Market Revenues & Volume By Submarine for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Power Cable Market Revenues & Volume By Voltage for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Power Cable Market Revenues & Volume By Low for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Power Cable Market Revenues & Volume By Medium for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Power Cable Market Revenues & Volume By High for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Power Cable Market Revenues & Volume By End Use for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Power Cable Market Revenues & Volume By Residential for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Power Cable Market Revenues & Volume By Commercial for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Power Cable Market Revenues & Volume By Industrial for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Power Cable Market Revenues & Volume By Utilities for the Period 2019 - 2029
• United Arab Emirates (UAE) Power Cable Import Export Trade Statistics
• Market Opportunity Assessment By Installation Type
• Market Opportunity Assessment By Voltage
• Market Opportunity Assessment By End Use
• United Arab Emirates (UAE) Power Cable Top Companies Market Share
• United Arab Emirates (UAE) Power Cable Competitive Benchmarking By Technical and Operational Parameters
• United Arab Emirates (UAE) Power Cable Company Profiles
• United Arab Emirates (UAE) Power Cable Key Strategic Recommendations

Markets Covered

The report delivers a widespread study of the subsequent market segments:

By Installation Type

• Overhead
• Underground
• Submarine

By Voltage

• Low
• Medium
• High

By End Use

• Residential
• Commercial
• Industrial
• Utilities

United Arab Emirates (UAE) Power Cable Market: FAQs