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Middle East Cables Market Share

Report ID: GMI450
Published Date: Jun 2024
Report Format: PDF

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Middle East Cables Market Share

Companies like Saudi Cables Company, Riyadh Cables, and Bahra Electric hold significant revenue share in the Middle East cables industry due to their comprehensive product portfolios, strong regional presence, and extensive experience. They benefit from advanced manufacturing facilities and technological capabilities, ensuring high-quality and reliable products. Their strategic involvement in major infrastructure projects, supported by government initiatives like Saudi Vision 2030, positions them as preferred suppliers.

Middle East Cables Market Companies

Bahra Electric
Belden
Dubai Cables Company
Elsewedy Electric
Fahad Cables
HELLUKABEL
Nexans
Prysmian Group
Riyadh Cables
Saudi Cables Company
Sumitomo Electric

Authors: Ankit Gupta, Riya Gupta

Frequently Asked Questions (FAQ) :

The market size of Middle East cables was recorded USD 10.9 billion in 2023 and will exhibit 5% CAGR from 2024 to 2032, attributed to rapid infrastructure development and increasing investments in renewable energy projects.

Middle East cables market from the commercial segment will register 4% CAGR through 2032, due to extensive infrastructure projects and expansion in hospitality, healthcare, and educational sectors.

Saudi Arabia cables industry size will reach USD 6 billion by 2032, fueled by the country's substantial investments in infrastructure and construction projects as well as focus on diversifying its economy and renewable energy installations.

Major firms operating in the Middle East cables market are Bahra Electric, Belden, Dubai Cables Company, Fahad Cables, HELLUKABEL, Nexans, Prysmian Group, Riyadh Cables, Saudi Cables Company, and Sumitomo Electric, among others.