UAE Cables Market 2024-2030

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UAE CABLES MARKET

KEY FINDINGS

The UAE wires and cables market generated a revenue of USD 7,991.6 million in 2023 and is expected to reach USD 11,689.0 million by 2030.

The UAE market is expected to grow at a CAGR of 5.6% from 2024 to 2030.

One trend driving this surge is the increased funding into telecommunication infrastructure as UAE try to improve their connectivity and progress digitally.

Increased focus on sustainability has seen manufacturers develop eco-friendly cables as part of global initiatives towards a circular economy.

Another factor contributing to higher demands for specialized wiring solutions is the emergence of electric cars as well as renewable sources of energy.

Another factor : nations’ investments in smart networks which allow them more efficient use of energy resources among others.

Deployment of 5G networks has also accelerated the production of the cables market.

The cost of raw materials, such as copper and aluminum, can impact cable prices and profitability.

Continuous innovation is essential to stay competitive in the market, with companies focusing on developing advanced cable solutions.

UAE CABLES MARKET DYNAMICS

The UAE cable market is dynamic and is growing very fast on account of many factors, which, through rapid changes in the environment, are causing urbanization, industrialization, Sustainability and infrastructural development.

Urbanization: Rise in the number of cities and populations in UAE is resulting in demand for power, communication, and control cables.
Industrialization: The only requirement for a strong cable infrastructure in terms of power supply, automation, and data transmission is the expansion of manufacturing industries.
Infrastructure Development: Transportation, Telecommunications, and Renewable Energy are attracting demand for cables.
Sustainability: Increased focus on sustainability has seen manufacturers develop eco-friendly wires and cables as part of global initiatives towards a circular economy.

INTRODUCTION TO UAE CABLES MARKET

In 2021, the energy & power segment held the majority of market revenue share in the UAE wires and cables market and is expected to maintain its dominance during the forecast period as well on account of power transmission line expansion. Furthermore, the UAE Energy Strategy 2050 calls for increased power distribution efficiency through the installation of new power networks and the undergrounding of overhead electricity lines.

UAE CABLES MARKET TECHNOLOGY TRENDS

In the UAE Cables Market, several trends are

Increasing demand: Fiber optic cables are becoming increasingly popular due to their superior performance, bandwidth capacity, and long-distance transmission capabilities.
Smart cities: The development of smart cities in the UAE is driving the demand for high-speed broadband connectivity, which relies heavily on fiber optic infrastructure.
Data centers: The growing number of data centers in the UAE requires extensive fiber optic cabling to support data transmission and storage.

Renewable energy: The UAE’s focus on renewable energy projects, such as solar and wind farms, is driving the demand for power cables to connect these facilities to the grid.
Energy efficiency: The government’s emphasis on energy efficiency is leading to increased use of energy-efficient power cables that minimize energy loss during transmission.
Underground cabling: To improve aesthetics and reduce the risk of power outages, there is a trend towards undergrounding power cables in urban areas.

5G deployment: The rollout of 5G networks in the UAE is creating a demand for high-performance telecom cables that can support the increased data traffic and speed requirements of 5G technology.
IoT applications: The growing adoption of Internet of Things (IoT) devices and applications is driving the need for reliable and efficient telecom cables to connect these devices to the network.

Smart cables: Smart cables equipped with sensors and communication capabilities can monitor their performance, detect faults, and optimize energy consumption.
Wireless charging: The development of wireless charging technology is creating a demand for special cables that can support wireless power transmission.

NEW PRODUCT DEVELOPMENT IN UAE CABLES MARKET

Nuclear power cables are extremely demanding products within the electrical cabling industry, Dcab have a rich supply record to the Barakah nuclear power plant, which is the first nuclear power station in the Arabian Peninsula, the second in the Persian Gulf region and the first commercial nuclear power station in the Arab World, consisting of four APR-1400 nuclear reactors.
Another project of Ducab is the MBR solar park project, which it has supported during all its phases, and recently awarded the project to supply and install high-voltage cables for Phase 5 of the park.
Under DMB (Ducab Metals Business) which provides a wide range of products that include custom solutions for aluminum rods, wires, and bare overhead conductors, CONTIROD technology for high-quality ETP copper rods and wires, tailor-made flexible copper conductors for cables, earthing and end-connections, and bare as well as tin-coated copper wire for cables, wires, and can-making.

UAE CABLES MARKET SEGMENTATION

By Voltage

Low Voltage
Medium Voltage
High Voltage
Extra-High Voltage

By-Products

Multi-Conductor
Twisted Pair
Coaxial
Fibre Optics

By Installations

Overhead
Underground

By Materials

Copper
Aluminum
Glass

By Applications

Residential
Commercial
Industrial
Energy and Power
IT and Telecommunication
Others (Hospitality, Healthcare, Aerospace, etc.)

By Regions

Dubai
Abu Dhabi & AI Ain
Sharjah & Northern Emirates

UAE CABLES MARKET KEY PLAYERS

Dubai Cables: A leading manufacturer of cables and conductors in the UAE, offering a wide range of products for various applications.
National Cables Industry: A major player in the UAE cables market, specializing in power, control, and communication cables.
Power Plus Cables Co LLC: A manufacturer of cables and wires for various sectors, including construction, industrial, and telecom.
MESC-RAK: A joint venture between MENA Holding Company and RAK Investment Authority, focusing on manufacturing and distributing cables and wires.
Tekab Company Ltd: A UAE-based company producing a variety of cables for different applications.

THIS UAE CABLES MARKET REPORT WILL ANSWER THE FOLLOWING QUESTIONS

What is the current size and growth rate of the UAE Cables Market?
What are the major drivers and challenges influencing the market’s growth?
What are the key trends shaping the market, such as sustainability and technology?
What are the key environmental regulations and standards governing UAE Cables Market?
What are the emerging trends in usage of Cables that are impacting the market?
What are the latest technological advancements in Cables production?
How are the technological advancements impacting the market, in terms of cost, quality, and customization?
What are the environmental concerns associated with Cables, and how are manufacturers addressing these concerns?
What are the trends in the use for sustainability in Cables?
What are the key opportunities and challenges for the UAE Cables Market in the coming years?
How will the market evolve in response to changing usages, technological advancements, and regulatory developments?
What are the potential growth areas and emerging markets within the region?