The global wires and cables market size reached US$ 214.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 366.7 Billion by 2032, exhibiting a growth rate (CAGR) of 6.13% during 2024-2032. The factors driving the global wires and cables market growth include the vast expansion of renewable energy globally, which requires the use of vast quantities of cabling for solar panels and wind turbines.
