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: ETC431306 | Publication Date: Oct 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam Cables Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 11.62% in 2025, the market peaks at 13.55% in 2028, and settles at 12.46% by 2029.
By 2027, the Cables market in Vietnam is anticipated to reach a growth rate of 13.42%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The Vietnam Cables market is a critical component of the country`s expanding infrastructure and technological advancements. The demand for cables in telecommunications, power transmission, and construction projects drives market growth. Technological innovations, such as fiber optics and high-performance materials, contribute to the market`s evolution. Market players collaborate with industries to provide tailored solutions, emphasizing efficiency and sustainability. Regulatory standards and certifications play a crucial role in establishing the credibility of cable products in the Vietnam market.
The Vietnam Cables market is driven by the expanding telecommunications and electrical infrastructure projects in the country. The rising demand for high-speed internet, coupled with the growth of the manufacturing sector, has led to a surge in the requirement for reliable and efficient cable systems. Additionally, the push towards renewable energy sources has stimulated the demand for specialized cables, positioning the market for sustained growth.
The Vietnam Cables market encounters challenges related to technological obsolescence, quality control, and market saturation. Rapid technological advancements in telecommunications and power transmission require constant updates in cable technology, posing challenges for manufacturers to stay relevant. Ensuring the quality and reliability of cables is paramount, especially in critical applications like infrastructure and industrial settings. Market saturation and intense competition necessitate strategic differentiation and innovation to capture and retain market share. Navigating these challenges is imperative for the sustained success of the Vietnam Cables market.
The Vietnam cables market underwent significant changes during the COVID-19 pandemic. The increased reliance on digital connectivity and remote working drove demand for high-quality cables. However, disruptions in the supply chain, particularly for imported raw materials, impacted production schedules and led to shortages in certain cable categories. The construction and infrastructure sectors, major consumers of cables, faced delays, affecting the overall market. The industry responded by diversifying supply sources, implementing digital solutions, and adapting to evolving customer needs in the post-pandemic landscape.
The Vietnam Cables market features key players such as Cadivi Company, Hanoi Cables & Telecommunication Material JSC, and DAPHACO. These companies are instrumental in the production and supply of a wide range of cables, supporting the infrastructure development and connectivity needs in the country.
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 Vietnam Cables Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Cables Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Cables Market - Industry Life Cycle |
3.4 Vietnam Cables Market - Porter's Five Forces |
4 Vietnam Cables Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and industrialization in Vietnam leading to higher demand for cables in construction and infrastructure projects. |
4.2.2 Growing investments in renewable energy projects driving the need for cables for transmission and distribution. |
4.2.3 Favorable government initiatives and policies supporting the development of the electrical infrastructure sector. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the overall cost of cable production. |
4.3.2 Intense competition among cable manufacturers leading to pricing pressures. |
4.3.3 Regulatory challenges and compliance requirements affecting market entry and operations. |
5 Vietnam Cables Market Trends |
6.1.3 Vietnam Cables Market Revenues & Volume, By Installation Type, 2021-2031F |
6.1.4 Vietnam Cables Market Revenues & Volume, By Overhead, 2021-2031F |
6.1.5 Vietnam Cables Market Revenues & Volume, By Underground, 2021-2031F |
6.1.6 Vietnam Cables Market Revenues & Volume, By Submarine, 2021-2031F |
6.2.2 Vietnam Cables Market Revenues & Volume, By Voltage Type, 2021-2031F |
6.2.3 Vietnam Cables Market Revenues & Volume, By High, 2021-2031F |
6.2.4 Vietnam Cables Market Revenues & Volume, By Medium, 2021-2031F |
6.2.5 Vietnam Cables Market Revenues & Volume, By Low, 2021-2031F |
6.3.2 Vietnam Cables Market Revenues & Volume, By End Use, 2021-2031F |
6.3.3 Vietnam Cables Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.4 Vietnam Cables Market Revenues & Volume, By Aerospace and Defense, 2021-2031F |
6.3.5 Vietnam Cables Market Revenues & Volume, By Oil and Gas, 2021-2031F |
6.3.6 Vietnam Cables Market Revenues & Volume, By Energy and Power, 2021-2031F |
6.3.7 Vietnam Cables Market Revenues & Volume, By IT and Telecommunication, 2021-2031F |
7 Vietnam Cables Market Import-Export Trade Statistics |
7.1 Vietnam Cables Market Export to Major Countries |
7.2 Vietnam Cables Market Imports from Major Countries |
8 Vietnam Cables Market Key Performance Indicators |
8.1 Average cable length installed per project. |
8.2 Percentage of renewable energy projects using locally produced cables. |
8.3 Investment in research and development for innovative cable technologies. |
9 Vietnam Cables Market - Opportunity Assessment |
10 Vietnam Cables Market - Competitive Landscape |
10.1 Vietnam Cables Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Cables Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |