Market Forecast By Installation Type (Overhead, Underground, Submarine), By Voltage (Low, Medium, High), By End Use (Residential, Commercial, Industrial, Utilities) And Competitive Landscape
Product Code: ETC239388 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
According to 6Wresearch, the South Africa Power Cable Market size is expected to growth at a significant CAGR of 8% during the forecast period 2025-2031.
Report Name | South Africa Power Cable Market |
Forecast Period | 2025-2031 |
CAGR | 8% |
Growing Sector | Utilities |
South Africa Power Cable Market report thoroughly covers the market by installation type, voltage, and end-use. 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.
South Africa Power Cable Market is projected to rise significantly in the future owing to rising industrialization, urbanization, and infrastructure development, as well as the requirement for a reliable electricity supply. The market has been gaining continuous growth in the country.
This sector in South Africa is one of the vital sectors as the market is well-established. The market is experiencing steady growth and is driven by many factors which are industrialization, urbanization, infrastructure development, and the requirement for reliable electricity supply. The size of this market is influenced by both domestic demands as well as exports to neighbouring nations.
There is a high demand for power cables in the country and this demand will rise more over time. The level of competition is high in the market as numerous domestic and international companies operate in it. The Power cable Market in South Africa is regulated by standards and specifications set by South African Bureau of Standards (SABS) and these standards make sure about the safety, performance, and quality of power cables in the nation. The government of the country has been supporting the market growth significantly since this market is one of the most essential markets of the country. The competition is rising in the market and it will rise more in the near future.
There are challenges in the power cable sector in South Africa that affect market growth and development. One great challenge is the rising and falling costs of the raw materials needed to manufacture cables, like copper and aluminium. These price fluctuations, of course, increase production costs, thus putting pressure on the final price for the user.
Another challenge attributable to ageing infrastructure in certain areas is the difficulty in integrating new power cables into old systems. Frequent power cuts and load shedding in some regions destabilise the demand in the country; they lead to disruptions in project timelines. The market has additional challenges that include government legislation and compliance protocols that make it difficult for manufacturers and suppliers to deal in the products.
Finally, the presence of counterfeit cables on the market jeopardises the safety and reliability of power systems and tarnishes the reputations of legitimate manufacturers.
There are various investment opportunities in the South African power cable sector due to the energy transition and infrastructural developments in South Africa. The country is increasingly committing itself to renewable energy generation capacity, requiring sustainable cables that will connect various energy projects to the national grid. Besides, investments will be in rural electrification, enabling the development of cables that are strong and durable enough to survive entirely different conditions in various places.
The government has put measures and incentives to cut down import reliance in materials and create jobs. There are more exciting innovative cable technologies, such as high-temperature superconducting cables and environmentally sustainable materials, which are offering potential possibilities for differentiation and innovation.
Some of the most prominent players helping in the progression of the market are:
These players have the most essential role to play in the South Africa Power Cable Market Growth since they have been planning and implementing strategies that help them to stand different from other competitors that exist in the market.
South Africa's policies and initiatives thus influence a lot of the power cable market. The government, in its direct intervention, is thus stimulating the demand for power cable solutions by focusing on infrastructure development and access to energy. An example of such a program is the Integrated Resource Plan (IRP), which focuses on enhancing renewable energy sources and creates a need for high-performance cables connecting solar farms, wind projects, and any other green energy project with the national power grid. Therefore, the market benefits from further policies on rural electrification, as the implementation requires massive networks of high-quality power cables. Additionally, government incentives for local manufacturing and technology adoption provide a window of innovation and investment in the industry.
The market has become one of the country's most important, as it has been helping to maintain the economy. Many significant factors fuel the growth of this market in South Africa, and one of the most prominent factors is the rise of construction activities in the country. Urbanisation also fuels the growth of this market significantly. The country's government has the most crucial role to play in the future growth of this market. Key players also positively affect the market growth since they bring quality into the business operation of their consumers. The future of this industry looks bright.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Dhaval, Research Manager, 6Wresearch, overhead cables dominate the market due to being cost effective, and are used in transmitting energy in faraway rural areas.
With an increased focus on infrastructural development in South Africa, the demand for high-voltage power cables is significantly higher than for other voltage types. Additionally, industries that require substantial power usage tend to favour high-voltage power cables.
Among these, the utilities sector predominates in the market, propelled by the substantial demand for power transmission and distribution infrastructure. Utilities depend significantly on overhead and underground cables to guarantee a stable and reliable electricity supply across extensive networks.
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 South Africa Power Cable Market Overview |
3.1 South Africa Power Cable Market Revenues & Volume, 2021 - 2031F |
3.2 South Africa Power Cable Market - Industry Life Cycle |
3.3 South Africa Power Cable Market - Porter's Five Forces |
3.4 South Africa Power Cable Market Revenues & Volume Share, By Installation Type, 2021 & 2031F |
3.5 South Africa Power Cable Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.6 South Africa Power Cable Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 South Africa Power Cable Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and industrialization in South Africa leading to higher demand for power cables. |
4.2.2 Government initiatives to improve electricity access and infrastructure in the country. |
4.2.3 Growing investments in renewable energy projects driving the demand for power cables. |
4.2.4 Technological advancements in power cable manufacturing leading to more efficient and reliable products. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the cost of production. |
4.3.2 Competition from alternative energy sources such as solar and wind power. |
4.3.3 Regulatory challenges and compliance requirements affecting the market. |
4.3.4 Economic instability and currency fluctuations impacting investments in infrastructure projects. |
5 South Africa Power Cable Market Trends |
6 South Africa Power Cable Market Segmentation |
6.1 South Africa Power Cable Market, By Installation Type |
6.1.1 Overview and Analysis |
6.1.2 South Africa Power Cable Market Revenues & Volume, By Installation Type, 2021 - 2031F |
6.1.3 South Africa Power Cable Market Revenues & Volume, By Overhead, 2021 - 2031F |
6.1.4 South Africa Power Cable Market Revenues & Volume, By Underground, 2021 - 2031F |
6.1.5 South Africa Power Cable Market Revenues & Volume, By Submarine, 2021 - 2031F |
6.2 South Africa Power Cable Market, By Voltage |
6.2.1 Overview and Analysis |
6.2.2 South Africa Power Cable Market Revenues & Volume, By Low, 2021 - 2031F |
6.2.3 South Africa Power Cable Market Revenues & Volume, By Medium, 2021 - 2031F |
6.2.4 South Africa Power Cable Market Revenues & Volume, By High, 2021 - 2031F |
6.3 South Africa Power Cable Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 South Africa Power Cable Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 South Africa Power Cable Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.4 South Africa Power Cable Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.5 South Africa Power Cable Market Revenues & Volume, By Utilities, 2021 - 2031F |
7 South Africa Power Cable Market Import-Export Trade Statistics |
7.1 South Africa Power Cable Market Export to Major Countries |
7.2 South Africa Power Cable Market Imports from Major Countries |
8 South Africa Power Cable Market Key Performance Indicators |
8.1 Average selling price of power cables in South Africa. |
8.2 Percentage of electricity generated from renewable sources in the country. |
8.3 Number of new infrastructure projects announced in the power sector. |
8.4 Innovation rate in power cable technology. |
8.5 Energy consumption patterns in key industries. |
9 South Africa Power Cable Market - Opportunity Assessment |
9.1 South Africa Power Cable Market Opportunity Assessment, By Installation Type, 2021 & 2031F |
9.2 South Africa Power Cable Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.3 South Africa Power Cable Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 South Africa Power Cable Market - Competitive Landscape |
10.1 South Africa Power Cable Market Revenue Share, By Companies, 2024 |
10.2 South Africa Power Cable Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |