Market Forecast By Voltage (Low Voltage, Medium Voltage, High Voltage, and Extra High Voltage), By Products (Multi-Conductor, Twisted Pair, Coaxial and Fibre Optics), By Installations (Overhead and Underground), By Materials (Copper, Aluminum, and Glass), By Applications (Residential, Commercial, Industrial, Energy and Power, IT and Telecommunication and Others ((Hospitality, Healthcare, Aerospace, etc.)) And Competitive Landscape
Product Code: ETC072095 | Publication Date: Apr 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 80 | No. of Figures: 12 | No. of Tables: 8 |
Report Name | Oman Wires and Cables Market |
Forecast Period | 2025-2031 |
Market Size | USD billion by 2031 |
CAGR | 8% |
Growing Sector | Energy and Power Generation Sector |
Oman Wires and Cables Market report thoroughly covers the market By Voltage, By Products, By Installations, By Materials, By Applications. The market 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.
Oman Wires and Cables Market is additionally influenced by crucial government projects and investments in multiple sectors as well as by other variables. To satisfy the various needs in various industries, the best companies are employing novel technologies while offering creative products. The Oman wires and cables market is expected to grow slowly in the years coming considering strong demand and in progress investments. The Oman wires and cables market is growing rapidly, moved by the country's ongoing infrastructure development, industrial expansion, and increasing demand for authority. Urbanization has increased the need for wire solutions in establishing, energy, and telecommunications as well. The need for sophisticated cables and wiring systems is also being motivated by the move toward smarter power grids and renewable energy sources.
According to 6Wresearch, the Oman Wires and Cables Market Size is expected to reach a significant CAGR of 8% during the forecast period 2025-2031. Oman Wires and Cables Market mainly driven by the country's creating infrastructure—especially in construction, telecommunications, and energy sectors. Building urbanization and industrialization in Oman as well as rising demand for power improve an increased requirement for high-quality wires and cables. Smart grid growth and a shift toward renewable energy sources also provide new possibilities for innovative cable solutions. Projects and funding from the government wanted to enhance the energy and infrastructure systems of the whole country are additionally helping this industry to grow. Demand is still rising, hence businesses have concentrated on technological and creative advancements to meet the evolving needs of many sectors in the Oman.
The wires and cables market in Oman remains renowned trends driven by technological advancements and rising demand in various sectors. Growth in the market is also being fueled by the rising number of electric cars and related charging infrastructure. Especially in the renewable energy and smart grid projects, one essential trend is the boosting shift toward high-performance, energy-efficient cables. Safety concerns in construction and infrastructure also improve demand for underground and fire-resistant wires as well. There is also a greater focus on sustainable materials and eco-friendly production strategies. Rapid urbanization and large-scale infrastructure projects are pushing the market towards higher requirements for both low and medium-voltage cables. The future development of the Oman industry is an increasing number of vehicles and the enlargement of related charging infrastructure.
The Oman Wires and Cables Industry is a lively and increasing sector fueled by the country's constant industrial and growth in infrastructure. The Oman consumes much on areas including developing, energy, and telecommunications, thus the demand for high-quality wires and cables keeps to rise. Opportunities for investment in this industry are particularly powerful in the production of specific cables for power transmission, renewable energy projects, and smart city developments. knowing the Oman's position of importance as the corporate center in the Middle East, it offers a compelling setting for investors sure to gain from increasing demand for innovators establishing solutions in various industries. Furthermore, technological advancements in high-performance materials and smart grid systems are shaping the industry’s future.
Leading companies in the Oman wires and cables market offer high-quality, creative goods that meet creating requirements in significant industries, hence operating the development of this industry. An important local organization, it Oman Cables Industry (OCI) is widely recognized for its in line electrical cable and wiring solutions. International businesses like General Cable and Nexans also contribute significantly through providing a range of industrial and interaction cables. Another significant participant is Saudi Cable Company, that offers particular cables for the energy and information technology domains. These companies keep pushing the market forward by highlighting give cable technology, smart grid solutions, and the use for environmentally friendly energy. Oman market is characterized by its going on infrastructure investment and commitment to offering products of outstanding quality.
The government encourages local businesses via incentives even as it encourages the development of smart utility systems and green technologies. In addition to safeguarding consumers, these regulations additionally support innovation and long-term expansion of the industry. The Oman government severely impacts the wires and cables firm by means of multiple regulations referred to to guarantee sustainability, quality, and safety. This is a necessary element of sticking to environmental, energy efficiency, and fire safety regulations. The establishment of specific cable rules for the use in solar and wind power initiatives is an outcome of Oman sharing it for renewable energy.
Oman Wires and Cables Market Growth will be due to increasing demands for cables across numerous industries, including transportation, telecommunications, construction, and renewable energy sources. Oman is enhancing its electrical power system, seeking sustainable energy solutions, and starting smart city tasks, which is raising the demand for high-performance, environmentally friendly cables. Oman Cables and Wires Industries. The growing number of electric vehicles and renewable energy efforts will create gaps for specialized cables. Government recognition that new concepts and regulations would help the Oman Wires and Cables. The nation's ongoing technological advances and infrastructure advancements are going to assist Oman Wires and Cables continue to grow.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
The low voltage cables displayed to dominate, the Oman wires and cables market is set for known growth. Increased demand across multiple industries—including construction, infrastructure, and renewable energy—drives this development. Offering efficiency, safety, and cost-effectiveness, low voltage cables are vital for employees requiring energy distribution inside residential, commercial, and industrial settings. The main drivers of the demand for low voltage solutions consist of Oman's ambitious infrastructure projects and a focus on smart city development. Furthermore, the growing popularity of solar power along with other renewable energy sources, which require low voltage systems, helps to promote the growth of the industry. Low voltage cables are thus anticipated to lead the market in both value and volume.
According to Ravi Bhandari, Research Head, 6Wresearch, underground installations are anticipated to prevail in the Oman wires and cables market owing to their increasing demand in urban development and infrastructure initiatives. As Oman modernizes its urban areas and enhances its infrastructure, subterranean cables are seen as more dependable and visually appealing than aerial alternatives. These systems provide enhanced protection against meteorological conditions, natural calamities, and maintenance challenges, rendering them suitable for metropolitan environments and essential infrastructure. The demand for subterranean cables is being further propelled by the advancement of smart cities and the necessity for enhanced energy distribution systems. This development corresponds with international inclinations towards safer, more sustainable energy solutions, establishing underground installations as a pivotal growth sector in Oman’s wires and cables market.
In the Oman copper is expected to be the dominating material in the wires and cables market due to its widespread application in electrical and telecommunications applications, as well as its superior conductivity and reliability. Copper cables are crucial for the efficient distribution and transmission of power, leaving them ideal for the residential, commercial, and industrial sectors. The Oman's demand for copper-based cables is further supported by its growing infrastructure, urbanization, and emphasis on renewable energy initiatives. The appealing properties of copper in challenging environments is further enhanced by its long-term durability and resistance to corrosion. The material of choice for high-performance cables, especially in critical systems, remains copper, despite the emergence of alternatives such as aluminum. Hence, it is projected that copper will keep on to hold a significant share of the market in the UAE's conducting materials and cables sector.
Demand for power generation, transmission, and distribution lines is also increasing as a result of Oman's ambitious energy objectives, which include the establishment of sustainable communities and the implementation of green technology. The energy and power sector is anticipated to achieve market dominance in terms of both volume and price. As a result of the country's ongoing infrastructure development and dedication to renewable energy initiatives, it is expected that the energy and electricity industry will dominate the Oman wires and cables market in terms of application. Oman's substantial investment in the development of smart infrastructure, renewable energy sources (such as solar power), and electrical networks is instrumental in satisfying the ongoing demand for efficient power transmission and distribution systems.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of the Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Oman Wires & Cables Market Overview |
3.1. Oman Wires and Cables Market Revenues & Volumes, 2021-2031F |
3.2. Oman Wires and Cables Market-Industry Life Cycle |
3.3. Oman Wires and Cables Market-Porter’s Five Forces |
3.4. Oman Wires and Cables Market Revenues & Volumes Share, By Voltage Types, 2021 & 2031F |
3.5. Oman Wires and Cables Market Revenue Share, By Installation Types, 2021 & 2031F |
3.6. Oman Wires and Cables Market Revenue Share, By Material Types, 2021 & 2031F |
3.7 Oman Wires and Cables Market Revenue Share, By Applications, 2021 & 2031F |
3.8 Oman Wires and Cables Market Revenue Share, By Regions, 2021 & 2031F |
4. Oman Wires & Cables Market COVID-19 Impact Analysis |
5. Oman Wires & Cables Market Dynamics |
5.1. Impact Analysis |
5.2. Market Drivers |
5.3. Market Restraints |
6. Oman Wires & Cables Market Trends |
7. Oman Wires & Cables Market Overview, By Voltage |
7.1. Oman Wires & Cables Market Revenues and Volumes, By Low Voltage, 2021 & 2031F |
7.2 Oman Wires & Cables Market Revenues and Volumes, By Medium Voltage, 2021 & 2031F |
7.3 Oman Wires & Cables Market Revenues and Volumes, By High Voltage, 2021 & 2031F |
7.4 Oman Wires & Cables Market Revenues and Volumes, By Extra High Voltage, 2021 & 2031F |
8. Oman Wires & Cables Market Overview, By Installation Type |
8.1 Oman Wires & Cables Market Revenues, By Overhead, 2021-2031F |
8.2 Oman Wires & Cables Market Revenues, By Underground, 2021-2031F |
9. Oman Wires & Cables Market Overview, By Material Type |
9.1 Oman Wires & Cables Market Revenues, By Copper, 2021-2031F |
9.2 Oman Wires & Cables Market Revenues, By Aluminium, 2021-2031F |
9.3 Oman Wires & Cables Market Revenues, By Glass, 2021-2031F |
10. Oman Wires & Cables Market Overview, By Applications |
10.1 Oman Wires & Cables Market Revenues, By Residential, 2021-2031F |
10.2 Oman Wires & Cables Market Revenues, By Buildings and Commercial, 2021-2031F |
10.3 Oman Wires & Cables Market Revenues, By Industrial, 2021-2031F |
10.4 Oman Wires & Cables Market Revenues, By Power and Energy, 2021-2031F |
10.5 Oman Wires & Cables Market Revenues, By IT & Telecommunications, 2021-2031F |
10.6 Oman Wires & Cables Market Revenues, By Healthcare, 2021-2031F |
10.7 Oman Wires & Cables Market Revenues, By Gaming & Amusements, 2021-2031F |
10.8 Oman Wires & Cables Market Revenues, By Automotive, 2021-2031F |
10.8.1. Oman Wires & Cables Market Revenues, By Light Automotive Vehicles, 2021-2031F |
10.8.2. Oman Wires & Cables Market Revenues, By Heavy Automotive Vehicles, 2021-2031F |
10.8.3. Oman Wire & Cables Market Revenues, By Electronic Automotive Vehicles, 2021-2031F |
10.8.4. Oman Wires & Cables Market Revenues, By Motorbikes Automotive Vehicles, 2021-2031F |
10.8.5 Oman Wires & Cables Market Revenues, By Others Automotive Vehicles, 2021-2031F |
10.9 Oman Wires & Cables Market Revenues, By Others, 2021-2031F |
11. Oman Wires & Cables Market Overview, By Regions |
11.1 Oman Wires & Cables Market Revenues, By Northern, 2021 & 2031F |
11.2 Oman Wires & Cables Market Revenues, By Central, 2021 & 2031F |
11.3 Oman Wires & Cables Market Revenues, By Southern, 2021 & 2031F |
12. Oman Wires & Cables Market- Key Performance Indicators |
13. Oman Wires & Cables Market Opportunity Assessment |
13.1. Oman Wires & Cables Market Opportunity Assessment, By Voltage, 2031F |
13.2. Oman Wires & Cables Market Opportunity Assessment, By Installation, 2031F |
13.3. Oman Wires & Cables Market Opportunity Assessment, By Applications, 2031F |
13.4 Oman Wires & Cables Market Opportunity Assessment, By Regions, 2031F |
14. Oman Wires & Cables Market Competitive Landscape |
14.1. Oman Wires & Cables Market Revenue Share, By Companies (2021) |
14.2. Oman Wires & Cables Market Competitive Benchmarking, By Technical Parameters |
14.3. Oman Wires & Cables Market Competitive Benchmarking, By Operating Parameters |
15. Oman Wires & Cables Market Key Clients Identification |
16. Company Profiles |
16.1. Belden Inc. |
16.2. Fujikura Ltd. |
16.3. Furukawa Electric Co. Ltd. |
16.4. Leoni AG |
16.5. Leviton Manufacturing Co. |
16.6 LS Cables & System Ltd |
16.7 Molex Inc. |
16.8 Nexans |
16.9 Prysmian SpA |
16.10 Sumitomo Corporation |
16.11 Viakable S.A. de C.V |
17. Key Strategic Recommendations |
18. Disclaimer |
List of Figures |
1. Oman Wires and Cables Market Revenues & Volumes, 2021-2031F ($ Billion, Million Tons) |
2. Industry Life Cycle of Oman Wire and Cable Market |
3. Oman Wires and Cables Market Revenue Share, By Voltage Types, 2021 & 2031F |
4. Oman Wires and Cables Market Volume Share, By Voltage Types, 2021 & 2031F |
5. Oman Wires and Cables Market Revenue Share, By Installation Types, 2021 & 2031F |
6. Oman Wire and Cables Market Revenue Share, By Material Types, 2021 & 2031F |
7. Oman Wire and Cables Market Revenue Share, By Applications, 2021 & 2031F |
8. Oman Wire and Cables Market Revenue Share, By Regions, 2021 & 2031F |
9. COMEX Copper Prices, October 2021-March 2021 (U.S. Dollars per Pounds) |
10. Oman Estimated Investment in Electric Sector 2021-2031 ($ Billion) |
11. Oman Clean Energy Generation Goals, 2021-28 |
12. Oman Expected Renewable Power Generation Capacity, 2010-2030 |
13. Oman Clean Energy Investment, 2016-2030 |
14. Oman Wires & Cables Market Opportunity Assessment, By Voltage Types, 2031F |
15. Oman Wires & Cables Market Opportunity Assessment, By Installation Types, 2031F |
16. Oman Wires & Cables Market Opportunity Assessment, By Applications, 2031F |
17. Oman Wires & Cables Market Opportunity Assessment, By Regions, 2031F |
18. Oman Wires & Cables Market Revenue Share, By Companies, 2021 |
List of Tables |
1. Oman Ongoing Transmission Projects, 2021-2025 |
2. Oman Wire and Cables Market Revenues, By Voltage, 2021-2031F ($ Million) |
3. Oman Wire and Cables Market Volumes, By Voltage, 2021-2031F (Thousand Tons) |
4. Oman Wire and Cables Market Revenues, By Installation, 2021-2031F ($ Million) |
5. Oman Wire and Cables Market Revenues, By Materials, 2021-2031F ($ Million) |
6. Oman Wire and Cables Market Revenues, By Applications, 2021-2031F ($ Million) |
7. Oman Wire and Cables Market Revenues, By Building & Commercial Application, 2021-2031F ($ Million) |
8. Oman Wire and Cables Market Revenues, By Power & Energy Application, 2021-2031F ($ Million) |
9. Oman Wire and Cables Market Revenues, By Industrial Application, 2021-2031F ($ Million) |
10. Oman Wire and Cables Market Revenues, By IT & Telecommunication Application, 2021-2031F ($ Million) |
11. Oman Wire and Cables Market Revenues, By Healthcare Application, 2021-2031F ($ Million) |
12. Oman Wire and Cables Market Revenues, By Gaming & Amusements Application, 2021-2031F ($ Million) |
13. Oman Wire and Cables Market Revenues, By Automotive Application, 2021-2031F ($ Million) |
14. Oman Wire and Cables Market Revenues, By Regions, 2021-2031F ($ Million) |
15. Oman Physical Goals of Transmission Works by Voltage level, 2021-27 (Km-C) |
16. Oman Under Construction Projects, 2021-2025 |