The Japan wires and cables market size reached USD 17.10 Billion in 2024. The market is projected to grow at a CAGR of 3.30% between 2025 and 2034, reaching a value of around USD 23.66 Billion by 2034.
Wires and cables are widely adopted in automobiles in wiring harness assemblies for all passenger performance and race cars, light, medium, heavy, and industrial trucks, among others. The automotive sector of Japan is rapidly growing with 1,381,558 vehicles registered in Q1 2023, an increase of 15% from the previous quarter. The expansion of the automotive sector in Japan is expected to further contribute to the growth of the wires and cables market. Furthermore, Japan is witnessing a growing inclination towards eco-wires and eco-cables that are developed with environmentally friendly materials with a smaller impact on the environment.
Additionally, with the expansion of the automobile sector, flexible cables are increasing in demand as they are designed to handle the stress during their assembly process and also the vibrations of moving vehicles. The trend towards downsizing, weight reduction, and space-saving in various types of equipment is leading to the increased adoption of flexible wires and cables.
In June 2021, the United States and Japan collaborated for the development of 5G base stations and undersea cables with several countries, including countries in the Indo-Pacific region, Europe, and South America. Such developments in the telecommunications sector are increasing the demand for wires and cables, further supporting the Japan wires and cables market growth.
Wires and cables are widely adopted in automobiles in wiring harness assemblies for all passenger performance and race cars, light, medium, heavy, and industrial trucks, among others. The automotive sector of Japan is rapidly growing with 1,381,558 vehicles registered in Q1 2023, an increase of 15% from the previous quarter. The expansion of the automotive sector in Japan is expected to further contribute to the growth of the wires and cables market. Furthermore, Japan is witnessing a growing inclination towards eco-wires and eco-cables that are developed with environmentally friendly materials with a smaller impact on the environment.
Additionally, with the expansion of the automobile sector, flexible cables are increasing in demand as they are designed to handle the stress during their assembly process and also the vibrations of moving vehicles. The trend towards downsizing, weight reduction, and space-saving in various types of equipment is leading to the increased adoption of flexible wires and cables.
In June 2021, the United States and Japan collaborated for the development of 5G base stations and undersea cables with several countries, including countries in the Indo-Pacific region, Europe, and South America. Such developments in the telecommunications sector are increasing the demand for wires and cables, further supporting the Japan wires and cables market growth.
Market Segmentation
Japan Wires and Cables Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:Market Breakup by Voltage
- Low Voltage
- Medium Voltage
- High Voltage
Market Breakup by Product
- Power Cables
- Building Wires
- Flexible Wires and Cables
- EHV Cables
- Control/Instrumentation Cables
- Others
Market Breakup by Material
- Copper
- Aluminium
- Others
Market Breakup by End Use
- Construction _x000D_ _x000D_ Residential _x000D_ Commercial _x000D_ _x000D_
- Construction _x000D_ _x000D_ Residential _x000D_ Commercial _x000D_ _x000D_
- Telecommunications
- Energy and Power
- Automotive
- Aerospace and Defence
- Others
- Telecommunications
- Energy and Power
- Automotive
- Aerospace and Defence
- Others
Competitive Landscape
There is a growing trend of eco-wires and cables, resulted by increasing concerns regarding environment safety and sustainability.- Sumitomo Electric Industries, Ltd.
- Mitsuboshi Co., Ltd
- ENEOS NUC Corporation
- Furukawa Electric Co., Ltd
- TATSUTA Electric Wire & Cable Co., Ltd
- Hokko Corporation K.K
- Daiichi Denzai Co., Ltd
- Oki Electric Industry Co., Ltd. (Oki Electric Cable Co., Ltd.)
- HI-LEX Corporation
- J-witex Corporation
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Asia Pacific Wires and Cables Market Overview
6 Japan Wires and Cables Market Overview
7 Japan Wires and Cables Market by Voltage
8 Japan Wires and Cables Market by Product
9 Japan Wires and Cables Market by Material
10 Japan Wires and Cables Market by End Use
11 Market Dynamics
13 Trade Data Analysis (HS Code - 854411, 854419, 85442)
15 Competitive Landscape
Companies Mentioned
- Sumitomo Electric Industries, Ltd.
- Mitsuboshi Co., Ltd.
- ENEOS NUC Corporation
- Furukawa Electric Co., Ltd.
- TATSUTA Electric Wire & Cable Co., Ltd.
- Hokko Corporation K.K.
- Daiichi Denzai Co., Ltd.
- Oki Electric Industry Co., Ltd. (Oki Electric Cable Co., Ltd.)
- HI-LEX Corporation
- J-witex Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 130 |
Published | May 2025 |
Forecast Period | 2025 - 2034 |
Estimated Market Value ( USD | $ 17.1 Billion |
Forecasted Market Value ( USD | $ 23.66 Billion |
Compound Annual Growth Rate | 3.3% |
Regions Covered | Japan |
No. of Companies Mentioned | 10 |