Market Forecast by Countries (United States (US), Canada, Rest of North America), By Voltage (Low Voltage, Medium Voltage, High Voltage, Extra-High Voltage), By Installation (Overhead, Underground), By End-users (Aerospace & Defense, Building & Construction, Oil & Gas, Energy & Power, IT & Telecommunication, Others) And Competitive Landscape
Product Code: ETC13130394 | Publication Date: Apr 2025 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 150 | No. of Figures: 55 | No. of Tables: 32 | |
According to 6Wresearch internal database and industry insights, the North America Wires & Cables Market was valued at USD 34.6 billion in 2024 and is estimated to reach USD 47.2 billion by 2031, representing a compound annual growth rate (CAGR) of 4.6% during the forecast period (2025-2031).
Report Name | North America Wires & Cables Market |
Forecast Period | 2025-2031 |
CAGR | 4.6% |
Market Size | USD 47.2 billion by 2031 |
Growing Sector | Power Infrastructure and Telecommunications |
The North America Wires & Cables Market report comprehensively covers the market by Countries, Voltage, Installation and End-users. It provides an unbiased and detailed analysis of prevailing market trends, growth prospects, and key drivers to help stakeholders align their strategies with the evolving demand for wires and cables across power, construction, telecommunications, and industrial sectors.
The North America Wires & Cables Industry is witnessing consistent growth driven by rising electricity demand, rapid digitalization, and large-scale infrastructure modernization projects. Increasing integration of renewable sources, electric vehicle usage, and the expansion of smart grids are contributing to the overall growth in demand of higher-performance cabling products. The trend toward the investment in data centres, broadband expansion, and 5G rollout is creating big growth potential in the telecom cable industry. The US has near hegemonic position in the region because of massive urban infrastructure, huge utility investments and the entrance of major global manufacturers whereas Canada is gradually catching up on investments in renewable energy and sustainable grid formation.
The North America Wires & Cables Market is projected to grow at a steady CAGR of 4.6% during the forecast period 2025-2031. Rising demand from power generation, transmission, and distribution networks, coupled with the expansion of data centres, telecommunications, and industrial automation, are the primary factors driving the North America Wires & Cables Market Growth. The growing adoption of renewable energy, electric vehicles, and smart grid infrastructure is further accelerating the demand for advanced and efficient wire and cable solutions across the region.
Despite these opportunities, the market faces challenges such as fluctuating raw material prices, the prevalence of counterfeit and substandard products, and high competition among domestic and international manufacturers. This is impeded by supply chain shocks and rising rates of demand to embrace sustainable manufacturing. Addressing these issues will be key to the establishment of a new resilient and innovative wires and cables industry in North America and development of a sustainable environment to grow on long-term with the high-performance and technologic advanced range of products.
The North America Wires & Cables Market is witnessing key trends such as rising demand for high-performance cables driven by renewable energy integration, electric vehicle adoption, and rapid expansion of smart grid projects. The increase in digitization and the rising number of data centres are some of the driving factors behind the demand of fibre optic and communication cables in ensuring they achieve reliable connectivity across industries. Another major trend is sustainability as manufacturing processes, especially insulation, are becoming more environment-friendly and recyclable, with eco-friendly production being a key aspect of sustainability going forward.
The North America Wires and Cables Market presents significant opportunities to invest in renewable energy infrastructure, modernization of the smart grid and next-generation communication networks. The increase in the number of electric vehicles and the growth of the EV charging network create promising areas of development. Strategic investments in sustainable manufacturing, advanced material technologies, and high-voltage and fibre optic cable innovations will drive long-term expansion, further boosting overall North America Wires & Cables Market Revenue.
The North America Wires & Cables Market is driven by leading global manufacturers and regional suppliers catering to power, construction, automotive, and communication sectors. Some of the key market players are Prysmian Group, Nexans, Southwire Company, General Cable, and Belden Inc., which are well established in terms of technology, presence and market partnerships. Also, high-tech companies are increasing operations with new products in fibre optics, renewable energy cables and ecoins, adding more competition in the region.
Government regulations play a vital role in shaping the North America Wires & Cables Market, particularly in areas of safety standards, energy efficiency, and environmental compliance. Tight requirements on fire performance, recyclable insulation and avoidance of hazardous substances affect the way they manufacture. Cable policies that incentivize renewable energy, the uptake of EVs, and smart grid initiatives are further stoking the investment in high-performance, sustainable cables, and trade regulations and quality certifications are also having a bearing on imports and exports throughout the region.
The future of the North America Wires & Cables Market looks promising with growing investments in renewable energy, electric vehicles, and next-generation communication networks. A strong growth in fibre optic cables will be triggered by the growing data centres and 5G implementation. The focus on sustainability will also play a significant role as mediums learn to implement recyclable resources, production processes with low energy consumption, as well as the idea of a circular economy. A combination of smart grid technologies, next-generation EV charging infrastructure, and novel high-voltage solutions will strengthen North America as the place to find wire and cable solutions.
The report offers a comprehensive study of the following market segments and their leading categories:
According to Sachin, Senior Research Analyst at 6Wresearch, the United States is expected to dominate the North America Wires & Cables Market. Its leadership is driven by large-scale renewable energy projects, grid modernization programs, and significant investments in electric vehicle charging infrastructure.
Within the voltage segment, the Low Voltage category holds the North America Wires & Cables Market Share. Their extensive use in residential and commercial construction, coupled with rising demand for consumer electronics and building electrification, supports their dominance.
Based on installation type, the Overhead segment is forecasted to dominate the market. Its cost-effectiveness and widespread application in power transmission and distribution networks drive its strong position, though underground cabling is growing due to urbanization and smart city projects.
The Energy & Power segment is expected to lead the market among end-users. Continuous demand for electricity, grid expansion, and renewable energy integration fuel its growth, while the IT & Telecommunication sector is rapidly emerging due to surging 5G deployments and data centre expansion.
The market report thoroughly covers the following segments:
North America Wires & Cables Market |
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 North America Wires & Cables Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Wires & Cables Market Revenues & Volume, 2021 & 2031F |
3.3 North America Wires & Cables Market - Industry Life Cycle |
3.4 North America Wires & Cables Market - Porter's Five Forces |
3.5 North America Wires & Cables Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Wires & Cables Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.7 North America Wires & Cables Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.8 North America Wires & Cables Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 North America Wires & Cables Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Wires & Cables Market Trends |
6 North America Wires & Cables Market, 2021 - 2031 |
6.1 North America Wires & Cables Market, Revenues & Volume, By Voltage, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 North America Wires & Cables Market, Revenues & Volume, By Low Voltage, 2021 - 2031 |
6.1.3 North America Wires & Cables Market, Revenues & Volume, By Medium Voltage, 2021 - 2031 |
6.1.4 North America Wires & Cables Market, Revenues & Volume, By High Voltage, 2021 - 2031 |
6.1.5 North America Wires & Cables Market, Revenues & Volume, By Extra-High Voltage, 2021 - 2031 |
6.2 North America Wires & Cables Market, Revenues & Volume, By Installation, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 North America Wires & Cables Market, Revenues & Volume, By Overhead, 2021 - 2031 |
6.2.3 North America Wires & Cables Market, Revenues & Volume, By Underground, 2021 - 2031 |
6.3 North America Wires & Cables Market, Revenues & Volume, By End-users, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 North America Wires & Cables Market, Revenues & Volume, By Aerospace & Defense, 2021 - 2031 |
6.3.3 North America Wires & Cables Market, Revenues & Volume, By Building & Construction, 2021 - 2031 |
6.3.4 North America Wires & Cables Market, Revenues & Volume, By Oil & Gas, 2021 - 2031 |
6.3.5 North America Wires & Cables Market, Revenues & Volume, By Energy & Power, 2021 - 2031 |
6.3.6 North America Wires & Cables Market, Revenues & Volume, By IT & Telecommunication, 2021 - 2031 |
6.3.7 North America Wires & Cables Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Wires & Cables Market, By Countries, 2021 - 2031 |
7.1 Overview & Analysis |
7.2 North America Wires & Cables Market, Revenues & Volume, By Voltage, 2021 - 2031 |
7.2.1 United States (US) Wires & Cables Market, Revenues & Volume, By Voltage, 2021 - 2031 |
7.2.2 Canada Wires & Cables Market, Revenues & Volume, By Voltage, 2021 - 2031 |
7.2.3 Rest of North America Wires & Cables Market, Revenues & Volume, By Voltage, 2021 - 2031 |
7.3 North America Wires & Cables Market Revenues & Volume Share, By Installation, 2021 & 2031F |
7.3.1 United States (US) Wires & Cables Market, Revenues & Volume, By Installation, 2021 - 2031 |
7.3.2 Canada Wires & Cables Market, Revenues & Volume, By Installation, 2021 - 2031 |
7.3.3 Rest of North America Wires & Cables Market, Revenues & Volume, By Installation, 2021 - 2031 |
7.4 North America Wires & Cables Market, Revenues & Volume, By End-users, 2021 - 2031 |
7.4.1 United States (US) Wires & Cables Market, Revenues & Volume, By End-users, 2021 - 2031 |
7.4.2 Canada Wires & Cables Market, Revenues & Volume, By End-users, 2021 - 2031 |
7.4.3 Rest of North America Wires & Cables Market, Revenues & Volume, By End-users, 2021 - 2031 |
8 North America Wires & Cables Market Key Performance Indicators |
9 North America Wires & Cables Market - Export/Import By Countries Assessment |
10 North America Wires & Cables Market - Opportunity Assessment |
10.1 North America Wires & Cables Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Wires & Cables Market Opportunity Assessment, By Voltage, 2021 & 2031F |
10.3 North America Wires & Cables Market Opportunity Assessment, By Installation, 2021 & 2031F |
10.4 North America Wires & Cables Market Opportunity Assessment, By End-users, 2021 & 2031F |
11 North America Wires & Cables Market - Competitive Landscape |
11.1 North America Wires & Cables Market Revenue Share, By Companies, 2024 |
11.2 North America Wires & Cables Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Top 10 Company Profiles |
13 Recommendations |
14 Disclaimer |