Market Forecast By Installation Type (Overhead, Underground, Submarine), By Voltage Type (High, Medium, Low), By End Use (Industrial, Aerospace and Defense, Oil and Gas, Energy & Power, IT & Telecommunication) And Competitive Landscape
Product Code: ETC431328 | Publication Date: Oct 2022 | Updated Date: May 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Egypt Cables Market |
Forecast period | 2025-2031 |
CAGR | 6.2% |
Growing Sector | Power Cables |
Egypt Cables Market report thoroughly covers the market by installation type, by voltage type, 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.
Egypt Cables Market has continued to witness significant growth in recent years, owing to the country's economic reforms and initiatives geared toward infrastructural development. The market encompasses a range of cables, including power cables, control cables, building wires, and fiber optic cables. With an increasing demand for power, automation, and connectivity, the cables market in Egypt is poised to grow further in the forthcoming years.
According to 6Wresearch, the Egypt Cables Market size is projected to grow at a CAGR of 6.4% during the forecast period of 2025-2031. The government of Egypt has prioritized infrastructural development as part of its economic reform agenda. The government's focus on building new cities, industrial zones, and transport infrastructure has led to an increase in the demand for cables. Additionally, Egypt is among the top countries in the region with high solar radiation and wind speeds. As a result, the government has set targets to generate half of the electricity from renewable energy sources. This has led to an increase in the demand for cables used in renewable energy projects.
Furthermore, fiber optic cables are witnessing an increasing demand in Egypt due to the growth in internet penetration and the need for high-speed connectivity. The government has also launched initiatives to improve internet access across the country. However, the Egypt cables industry faces competition from imported cables, particularly from China. Chinese cables are cheaper, and this has affected the market share of local cable manufacturers. The government has introduced measures to protect local manufacturers, including tariffs on imported cables and subsidies to local manufacturers. Nevertheless, the country is strategically located at the intersection of Africa, Asia, and Europe. This presents significant opportunities for local cable manufacturers to access the export market.
There are now cables on the market in Egypt that are better for the earth and work better. Low-smoke zero halogen (LSZH) lines are becoming more popular in business and industry because they are safer around fire. The market is also changing because more fibre optic lines are needed in data centres and for telecom equipment and as things become more digital.
Egypt is a good place to put your money into the wires market because its infrastructure is growing quickly and it wants to get energy from more than one source. As part of the government's Vision 2030 plan, methods for moving people and power will get a lot better. And so on, there will be a lot of need for power and control lines.
Going forward, the Egypt wires market is expected to keep growing thanks to modernising infrastructure, bringing electricity to rural areas, and more investments in ICT. There will likely be a lot more demand for smart cables that have monitoring and fault-finding tools built in. As Egypt moves closer to its clean energy goals, the number of renewable energy cables it needs will keep going up.
Increasing demand for infrastructure development, energy projects, and industrial growth has led to a lot of growth in Egypt's industrial wires market over the past few years. Power transmission, telecommunications, and construction are the main industries that drive the market. To keep up with growing demand, both local and foreign goods are brought in.Government policies and schemes introduced in the Egypt Cables Market
In the recent years, the government has made significant efforts to boost the Egypt Cables Market Growth by introducing policies and schemes that serve as a backbone for the growth of the sector. The government launched a program called the National Industrial Modernization Program (NIMP) in 2016, aimed at upgrading the country's industrial sector infrastructure. This program has helped in providing a useful platform for cables manufacturers to upgrade their existing facilities and infrastructure. Another scheme that the government has launched is the Citizen Investment Fund (CIF), that aims to boost the country's industrial and entrepreneurial capabilities. Cable One, a key player with a significant presence in the Egypt Cables Market, was able to fund a significant portion of its growth through this scheme. Moreover, the government has also made strides by collaborating with other countries to improve the quality of cables manufactured and traded in the country.
There are some key players driving the resurgence of the Egypt Cables Industry. One such player is El Sewedy Electric, which is the largest cable manufacturer in Africa and the Middle East. The company has a robust network of operations and is continually expanding its range of cable products. Other key players include Nexans, El Farid Group, and Elsewedy Cables.
According to Sachin Rai, Senior Research Analyst, 6Wresearch, the underground cable installation type is most preferred as it ensures safety and security. Also, this segment is expected to dominate the Egypt Cables Market Share over the forecast period, owing to the increasing need for safety initiatives and urbanization.
By Voltage Type, the high voltage cables segment held the largest market share, while the medium voltage cables segment is set to emerge as the fastest-growing segment in the coming years as it offers efficient transmission competences, making it ideal for industrial and commercial uses.
The report offers a comprehensive study of the subsequent market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Egypt Cables Market Overview |
3.1 Egypt Country Macro Economic Indicators |
3.2 Egypt Cables Market Revenues & Volume, 2021 & 2031F |
3.3 Egypt Cables Market - Industry Life Cycle |
3.4 Egypt Cables Market - Porter's Five Forces |
4 Egypt Cables Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Egypt Cables Market Trends |
6.1.3 Egypt Cables Market Revenues & Volume, By Installation Type, 2021 - 2031F |
6.1.4 Egypt Cables Market Revenues & Volume, By Overhead, 2021 - 2031F |
6.1.5 Egypt Cables Market Revenues & Volume, By Underground, 2021 - 2031F |
6.1.6 Egypt Cables Market Revenues & Volume, By Submarine, 2021 - 2031F |
6.2.2 Egypt Cables Market Revenues & Volume, By Voltage Type, 2021 - 2031F |
6.2.3 Egypt Cables Market Revenues & Volume, By High, 2021 - 2031F |
6.2.4 Egypt Cables Market Revenues & Volume, By Medium, 2021 - 2031F |
6.2.5 Egypt Cables Market Revenues & Volume, By Low, 2021 - 2031F |
6.3.2 Egypt Cables Market Revenues & Volume, By End Use, 2021 - 2031F |
6.3.3 Egypt Cables Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.4 Egypt Cables Market Revenues & Volume, By Aerospace and Defense, 2021 - 2031F |
6.3.5 Egypt Cables Market Revenues & Volume, By Oil and Gas, 2021 - 2031F |
6.3.6 Egypt Cables Market Revenues & Volume, By Energy and Power, 2021 - 2031F |
6.3.7 Egypt Cables Market Revenues & Volume, By IT and Telecommunication, 2021 - 2031F |
7 Egypt Cables Market Import-Export Trade Statistics |
7.1 Egypt Cables Market Export to Major Countries |
7.2 Egypt Cables Market Imports from Major Countries |
8 Egypt Cables Market Key Performance Indicators |
9 Egypt Cables Market - Opportunity Assessment |
10 Egypt Cables Market - Competitive Landscape |
10.1 Egypt Cables Market Revenue Share, By Companies, 2024 |
10.2 Egypt Cables Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |