Argentina Wire and Cable Market Research Report, 2028

Argentina's energy environment includes wire use as a fundamental component. The efficient and reliable distribution of power across diverse sectors is made possible in large part by the nation's wire and cable industry. Wire is the lifeblood that drives Argentina's dynamic economy, powering everything from household construction to commercial and industrial infrastructure. The digital transformation and the need for seamless connectivity are driving the demand for low-voltage wire and cable that can support high-speed data transmission, IoT (Internet of Things) devices, and telecommunications networks. This trend is particularly relevant in urban areas and commercial buildings. Furthermore, smart home technology is gaining popularity in Argentina, leading to an increased demand for low-voltage wire and cable that supports connectivity and automation. Homeowners are looking for wiring solutions that enable the integration of smart devices, lighting control systems, security systems, and other home automation features. Energy efficiency is also becoming a significant focus in Argentina, driven by the need to reduce energy consumption and mitigate environmental impacts. Low-voltage wire and cable with enhanced energy efficiency properties are in demand, helping to optimise electricity usage and minimise energy waste. According to the research report "Argentina Wire and Cable Market Research Report, 2028," published by Actual Market Research, the Argentina Wire and Cable Market is expected to grow at a CAGR of above 6.68% from 2023 to 2028. Quality is an important factor in the perception of wire and cable in Argentina. Consumers value cables that are manufactured using high-quality materials and adhere to recognised industry standards. They seek durable and long-lasting products that can withstand the demands of different applications. Argentina's government has laws governing wire and cable. The regulatory organisation in charge of policing the telecommunications industry, including wire and cable infrastructure, is the National Communications Authority (ENACOM). To guarantee the security, effectiveness, and calibre of wire and cable installations, ENACOM adopts rules and specifications. Additionally, there are regulations related to electrical safety and quality standards for wire and cable products. These regulations aim to ensure that the wire and cable used in electrical installations comply with specific technical requirements, such as insulation properties, fire resistance, voltage ratings, and environmental considerations. The Argentine Electrotechnical Association (AEA) is a prominent organisation that establishes standards and guidelines for electrical installations, including those related to wire and cable. Compliance with AEA standards is often required in electrical projects and is overseen by regulatory authorities and inspection agencies. Argentine Association of Wire and Cable Manufacturers (CADIEEL, Cámara Argentina de Industrias Electrónicas, Electromecánicas y Luminotécnicas) CADIEEL represents the interests of wire and cable manufacturers in Argentina and promotes the development of the industry. By being a member of CADIEEL, wire and cable manufacturers in Argentina can stay updated with the latest industry developments, have access to industry-related events, participate in discussions and initiatives, and benefit from collective representation and support. Argentina offers a variety of voltage ratings for wire and cables to support various electrical systems and uses. Optical fibre, medium, high, and low voltage wire and cable are available in Argentina's wire and cable market. In Argentina, the most commonly used voltage for wire and cables is the low voltage (LV) category, which typically includes voltage ratings up to 1,000 volts. This is because LV systems are widely used in residential, commercial, and industrial applications for general electrical wiring, power distribution, and lighting. LV cables are versatile and suitable for a wide range of electrical installations, making them the primary choice for most applications in Argentina. It's important to note that Argentina also has significant infrastructure for medium-voltage (MV) and high-voltage (HV) power transmission and distribution. MV cables, with voltage ratings ranging from 1,000 volts to 35,000 volts, are utilised for powering industrial facilities, utility networks, and infrastructure projects. HV cables, which handle voltage ratings exceeding 35,000 volts, are primarily employed for long-distance power transmission and high-power applications. There are a number of well-known companies in Argentina that produce and supply wire and cable goods. Prysmian Group, Nexans, Cimet, Cables Camesa, and Tenaris are some of the prominent brands in the wire and cable market in Argentina. The expansion of the energy sector, including renewable energy projects and the modernization of power transmission and distribution systems, creates opportunities for the wire and cable market. These projects require the installation of high-quality cables for efficient and reliable energy transmission. The growth of industries such as manufacturing, automotive, telecommunications, and electronics increases the demand for wire and cable products. Industrial facilities require cables for power supply, machinery connectivity, control systems, and data transmission. Economic downturns and fluctuations can impact construction activities and industrial investments, affecting the demand for wire and cable products. Economic instability can lead to a decline in the industry's growth. The presence of imported wire and cable products, which may be cheaper or more readily available, can pose challenges to domestic manufacturers. Import competition can lead to market saturation and price pressure. Fluctuations in the prices of raw materials such as copper and aluminium, which are essential for wire and cable production, can affect manufacturing costs and profitability. Volatile raw material prices can impact the industry's growth and profitability. Considered in this report: • Geography: Argentina • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028

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Aspects covered in this report: • Argentina wire and Cable with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Installation Type: • Overhead • Underground • Submarine By End Users: • Power Infrastructure (Energy, Power Transmission, and Distribution) • IT & Telecommunication • Building & Construction (Commercial and Residential) • Aerospace & Defence • Consumer Electronics • Automotive (Passenger, Commercial, and Utility Vehicles) • Others (Oil & Gas Industry, Industrial Machinery and Manufacturing, Medical Equipment, Logistics, etc.)

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Kripa Shah

Senior Analyst

The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analysing government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age groups, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Medium Voltage Cable market, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry

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