United Kingdom (UK) Wire and Cable Market Research Report, 2028

The wire and cable market in the United Kingdom is a developing business, with growth attributable to rising electricity demand, expansion in the construction industry, and increased use of renewable energy sources. Furthermore, the growing use of fibre optic cables in numerous industries, such as data centres and healthcare, is pushing the wire and cable market in the United Kingdom. The growing demand for energy, as well as the necessity to modernise current infrastructure, is moving the market forward. The advancement of raw materials and technologies for wires and cables is propelling the industry forward. For example, the development of high-performance cables for use in the automotive and aerospace industries is fueling market growth. Furthermore, the market has been driven by an increased need for uninterrupted power supply, an increase in the number of electrification projects, rapid improvements in infrastructure and telecommunications, and a high frequency of repair and maintenance of existing equipment. Electric car demand in the United Kingdom is increasing, as is the need for charging infrastructure. This has increased the requirement for a reliable and consistent power supply, boosting demand for wire and cable. The color-coding of electrical wiring in the UK follows a specific standard, known as the "harmonized" wire colors. Live conductors are typically brown, neutral conductors are blue, and earth conductors are green and yellow. Advances in wire and cable technologies, such as improved insulation materials, higher conductor capacities, and increased data transmission capabilities, create opportunities for the market. Innovations that enhance efficiency, durability, and performance attract demand from various sectors. According to the research report "United Kingdom Wire and Cable Market Research Report, 2028," published by Actual Market Research, the United Kingdom wire and cable market was valued more than USD 2.8 Billion in 2022. The electrical system in the United Kingdom operates on a voltage of 230V with a frequency of 50 Hz. Wire and cable in the UK are designed to handle the specific voltage and frequency requirements of the local electrical system. The development of smart city projects in the United Kingdom is indeed propelling the wire and cable market in the country. The wire and cable market benefits from the demand for specialized cables that can handle the data transmission requirements, power distribution needs, and connectivity demands of smart city infrastructure. Fiber optic cables, for instance, are essential for high-speed data transmission, while power cables are needed for efficient energy distribution within smart grids. Additionally, communication cables and control cables are used for interconnecting various components of smart city systems. The Bristol Is Open project in Bristol, England, is a joint initiative between the University of Bristol and Bristol City Council. It aims to create an open and programmable city by deploying a city-wide network of sensors and data collection points. Wire and cable infrastructure are essential for connecting these sensors, transmitting data, and powering the devices within the smart city ecosystem. CityVerve is a smart city demonstrator project in Manchester, England, which aims to transform the city into a pioneering smart city hub. The project focuses on areas such as healthcare, transportation, energy, and environment. Wire and cable infrastructure play a vital role in connecting the various components and systems of the smart city, enabling data exchange and powering IoT devices.

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The market includes voltage type, low voltage, medium, voltage, High voltage and optical fiber cable. The optical fiber cable is expected to grow positively in the upcoming time frame. The ongoing digital transformation and the deployment of 5G networks require robust and high-capacity connectivity. Optical fiber cables are vital for supporting the backbone infrastructure needed for 5G networks, as they provide the required bandwidth and low latency for delivering high-speed and reliable communication services. The ever-increasing demand for data, driven by technologies like cloud computing, Internet of Things (IoT), and streaming services, requires a future-proof and scalable infrastructure. Optical fiber cables provide the necessary capacity to handle the growing data needs, ensuring that the infrastructure can support emerging technologies and applications in the long run. The demand for high-speed internet connectivity continues to rise in the United Kingdom. Optical fiber cables provide significantly higher bandwidth and faster data transmission compared to traditional copper cables. As a result, they are increasingly being deployed to meet the growing demand for high-speed broadband connections. Fiber optic cables have seen significant innovation, allowing for higher data transmission speeds and improved performance. Innovations include the development of bend-insensitive fibers, higher fiber counts per cable, and enhanced bandwidth capabilities. These advancements enable faster and more reliable communication in sectors such as telecommunications, data centers, and smart city infrastructure. Furthermore, as the demand for integrated solutions grows, hybrid cables that combine power and data transmission capabilities have emerged. These cables allow for the simultaneous transmission of power and communication signals, reducing the need for separate wiring systems and simplifying installations in applications such as intelligent buildings and automation systems. With the increasing adoption of electric vehicles, there have been innovations in cables specifically designed for EV charging infrastructure. These cables feature higher current-carrying capacities, durability, and safety features to support the efficient and reliable charging of electric vehicles. Considered in this report • Geography: United Kingdom • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028

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Kripa Shah

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Aspects covered in this report • United Kingdom Wire and Cable market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Voltage Type • Low Voltage • Medium Voltage • High Voltage • Optical Fiber Cable By End User • 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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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 report of companies, analysing the 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 conducted 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 group, 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 Wire and Cable industry, 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.