Sustainable Wires and Cables Market Trend, Development & Future Prospects to 2030

According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on Sustainable Wires and Cables Market - Industry Trends and Forecast to 2030 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.

Global Sustainable Wires and Cables Market Analysis and Size

The Global Sustainable Wires and Cables Market is estimated to grow at a CAGR of around 16.5% during the forecast period, i.e., 2024-30.

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Some of the major players operating in the Sustainable Wires and Cables Market are Nexans, Belden Inc., Prysmian Group, TE Connectivity, Southwire Company, LLC., Furukawa Electric Co., Ltd., Hitachi, Encore Wire Corporation, Fujikura Ltd., Polycab India Pvt. Ltd., Europacable, Borealis AG, and others.

Sustainable Wires and Cables Market Growth Driver:

Increasing Construction of Data Centers Aligned with Sustainable Initiatives – The increasing need to manage & back up huge amounts of data & information of small, medium, and large businesses across the globe is mounting the adoption of cloud-based technologies, thereby augmenting the demand for data centers. In alignment with this demand and the expanding commitment to green initiatives aimed at reducing carbon footprints, data center providers such as Amazon, Google, etc. are increasingly focusing on the construction of sustainable data centers. For instance,

In 2023, Singtel, a Singaporean telecommunications conglomerate, launched the construction of the country’s highest power density, a hyper-connected green data center.

This transformation in data centers is widely supporting the market size of sustainable wires and cables, as they contribute to minimal energy loss and align effectively with the energy efficiency goals of economies globally. Furthermore, sustainable data centers prioritize energy-efficient designs, leading to reduced operational costs over time. As a result, businesses are recognizing the financial benefits of reduced energy consumption and operational expenditures, thus making sustainable data centers an economically sound choice.

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Market Segment and Geographical Analysis

By Type

Data Cable- Market Size & Forecast 2019-2030, USD Million
Coaxial Cable- Market Size & Forecast 2019-2030, USD Million
Signal Cable- Market Size & Forecast 2019-2030, USD Million
Power Cable- Market Size & Forecast 2019-2030, USD Million
Low Voltage Energy Cable- Market Size & Forecast 2019-2030, USD Million
Fire Resistant Cable- Market Size & Forecast 2019-2030, USD Million
Fiber-optic Cable- Market Size & Forecast 2019-2030, USD Million
Others (Ethernet Cables, Metallic Sheathed Cables, etc.)- Market Size & Forecast 2019-2030, USD Million

By Voltage

Low Voltage- Market Size & Forecast 2019-2030, USD Million
Medium Voltage- Market Size & Forecast 2019-2030, USD Million
High Voltage- Market Size & Forecast 2019-2030, USD Million
Extra High Voltage- Market Size & Forecast 2019-2030, USD Million

By Installation

Overhead- Market Size & Forecast 2019-2030, USD Million
Underground- Market Size & Forecast 2019-2030, USD Million

By Raw Material

Metallic- Market Size & Forecast 2019-2030, USD Million

Copper
Aluminum
Glass

Non-Metallic- Market Size & Forecast 2019-2030, USD Million

Bio-Based Polymers

Polyethylene
Polypropylene
Polyamide
Others

Recycled Polymers and Plastics

Thermoplastics Elastomer
Thermoplastic Polyurethane
Polyethylene
Polyvinyl Chloride (PVC)
Others

By End User

Building & Construction- Market Size & Forecast 2019-2030, USD Million
Industrial & Manufacturing- Market Size & Forecast 2019-2030, USD Million
IT & Telecommunication-Market Size & Forecast 2019-2030, USD Million
Power Generation & Distribution- Market Size & Forecast 2019-2030, USD Million
Aerospace & Defense- Market Size & Forecast 2019-2030, USD Million
Automotive- Market Size & Forecast 2019-2030, USD Million
Others (Healthcare, Oil & Gas and Mining)-Market Size & Forecast 2019-2030, USD Million

By Region

North America
South America
Europe
The Middle East and Africa
Asia-Pacific

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