- In June 2024, French subsea power cable manufacturer Nexans successfully completed the acquisition of La Triveneta Cavi S.p.A., an Italian company specializing in medium and low-voltage cables. This acquisition represents a significant step in Nexans’ strategic expansion to strengthen its position as a leading player in the electrification sector
- In April 2024, Finolex Cables launched a new range of eco-friendly wires under the FinoGreen brand, which is expected to contribute approximately 5% to the company’s wire business. The FinoGreen series features flame-retardant and halogen-free industrial cables, designed to enhance electrical safety and minimize fire hazards in industrial and residential installations
- In April 2024, Amphenol TPC, a leading manufacturer of high-performance cables, connectors, and assemblies for industrial applications, introduced ATPC Medium Voltage Cables. This new product line expands the company’s medium voltage cable portfolio, offering enhanced options for insulation, conductor, and jacket materials to meet the demands of harsh operating environments
- In September 2023, Southwire Company LLC announced the acquisition of Genesis Wire & Cable from Resideo Technologies, Inc. This acquisition strengthens Southwire’s foothold in the low-voltage wires and cables market, supporting its commitment to innovation and market expansion within the industry
- In April 2023, Nexans acquired Reka Cables, a Finnish company specializing in high, medium, and low-voltage cables used in building applications, power distribution networks, and onshore wind projects. This acquisition brings together the expertise of both companies, reinforcing innovation and sustainability while delivering reliable and energy-efficient cable solutions across the Nordic region
Frequently Asked Questions
Companies such as Fujikura Ltd. (Japan), Corning Incorporated (U.S.), HENGTONG GROUP CO., LTD. (China), STL Tech (India), FURUKAWA ELECTRIC CO., LTD. (Japan), and Prysmian Group (Italy) are the major companies in the wire and cable market.
In April 2024, Finolex Cables launched a new range of eco-friendly wires under the FinoGreen brand. In April 2024, Amphenol TPC, a leading manufacturer of high-performance cables, connectors, and assemblies for industrial applications, introduced ATPC Medium Voltage Cables.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
