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

The latest development (2023) of the Egypt Wires & Cables Market

Egypt Wires & Cables Market is witnessing steady growth and there are various developments taking place in the market. The market of the country is competitive and various key players in the market are competing in the market based on product quality, price, and after-sales service. Various factors are driving the market. The government of Egypt has announced to invest in the wires and cables market in the country and it is expected to open new opportunities for the local players. There is an expansion of the telecommunications sector in the country and it is anticipated that it will boost the demand for wires & cables in the country. The future of the Egypt wires and cables market looks bright and competitive.

Egypt Wires & Cables Market is projected to grow over the coming year. Egypt Wires & Cables Market report is a part of our periodical regional publication Africa 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.

Egypt Wires & Cables Market Synopsis

Egypt Wires & Cables Market is estimated to grow in the forecast year.  The rising need for the transmission of electricity and communication signals across various verticals is propelling the growth of the market. Growing demand from data centers and the telecom industry is driving the market development.

According to 6Wresearch, Egypt Wires & Cables Market size is projected to register growth during 2020-2026. Rapid urbanization and the construction of residential and commercial buildings have driven the demand for electrical cables and wiring systems in the country. The key reason for the growth of the market is the focus of the government on the development of the infrastructure. The increased investment has propelled the growth of the market. The development of telecommunications networks, increased internet penetration in the region, and growing demand for data centers has driven the need for high-quality communication cables. The government of Egypt is emphasizing renewable energy projects, such as solar and wind power plants. These projects require extensive wiring and cabling solutions to support power generation and distribution. There are certain challenges present in the market. Economic Instability in Nigeria and volatility of Raw Material prices have extensively affected the growth prospects of the market. The stiff Competition from Imports has impacted the share of domestic manufacturers.

COVID-19 Impact on Egypt Wires & Cables Market

The Wires & Cables Market in Egypt was severely impacted by the sudden outbreak of the pandemic. The economic activities slowed down and businesses operated at limited capacities and this led to a decrease in demand for wires and cables used in various sectors like construction, industrial, and commercial applications. The pandemic restricted movement and trade and this affected the supply chain for raw materials, components, and finished products. This led to delays in the production and delivery of wires and cables in the entire country. The pandemic also brought import and export challenges. The International trade disruptions and travel restrictions affected the import and export of wires and cables, raw materials, and finished products in the country and these factors led to a decline in the Egypt Wires & Cables Market Share.

Egypt Wires & Cables Market: Key players

• Elsewedy Electric Company
• El Sewedy Cables LLC
• Arab Cables Company
• Kavir Electrical Cable Company
• National Cables Industry (NCI)
• El-Marakby Steel Company
• Egytech Cables
• Egyptian British Company (EBCO)
• United Industries Company (UIC)

These are the significant players in the Egypt Wires & Cables Industry who are involved in the distribution and production of wires & cables in Nigeria.

Market by Voltage

Based on voltage, low-voltage Wires & Cables are expected to have a high share of the market due to their use in residential and commercial applications.

Market by Installation

Based on the installation, the overhead installation will grow in the coming years due to its use in the transmission of power over long distances and this major factor will contribute to the increase of Egypt Wires & Cables Market Growth.

Market by End-user

According to Dhaval, Research Head, 6Wresearch, based on End users, the building and commercial segment will dominate the market due to its use in various residential, commercial, and infrastructure 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:

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

• Overhead
• Underground

By End-users

• Aerospace & Defence
• Building & Construction
• Oil & Gas
• Energy & Power
• IT & Telecommunication
• Others