According to a recent study titled ‘UAE Wires and Cables Market Analysis, 2020’, available with Market Study Report, UAE wires and cables market is anticipated to showcase a healthy growth rate through 2025.
 

Inflowing investments by government for infrastructure development and several real estate projects, along with robust growth of telecom, power & renewable, and transportation sectors are fostering UAE wires and cables market growth. Further, increasing government initiatives for upgradation of electrical power grids are enhancing the industry outlook, cites the study.
 

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Apart from highlighting the key growth drivers and opportunities, the research report on UAE wires and cables market also hosts solutions for dealing with the existing and upcoming challenges in this business sphere. Moreover, the authors of the report have studied in the market in terms of revenue (in USD million) and units sold (in Tons) for calculating the overall market size with precision. Further, the research literature encompasses a vivid depiction of the industry segments, including type, installation, material, end users, and geographical bifurcation.
 

Based on type, UAE wires and cables industry is divided into fibre optic cables, coaxial cable/electronic wire, signal & control cable, telecom & data cables, low voltage energy, and power cable (>1kV, MV, HV, EHV). Considering installation, the industry is split is fragmented into underground and overhead. Moving on to material type, the industry is categorized into aluminum, copper, and glass. Speaking of the end user segmentation, telecom, residential, commercial, and industrial the key segments covered in the report.
 

Frame a geographical frame of reference, Dubai, Sharjah, Abu Dhabi & Al Ain, and Northern Emirates are the major contributors to UAE wires and cables market remuneration. Among these, Dubai acquired majority of the industry share in the recent past and is likely to showcase strong growth during the forecast period. Surging electricity consumption across residential and commercial settings, rapid expansion of tourism and transportation industries, and rising inclination towards renewable energy generation are the prime factors contributing to the industry growth in Dubai. Moreover, soaring investments in hospitality sector will expand the business horizon in the upcoming years.
 

Top contenders in UAE wires and cables market sphere are Elsewedy Electric L.L.C, Alfanar Group, Nexans Middle East, Prysmian Group, Brugg Cable Middle East DMCC, Tekab Company Ltd., Middle East Specialized Cables RAK, National Cables Industry, and Dubai Cable Company (Private) Ltd.