Saudi Arabia Wire and Cable - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026-2031)

The saudi arabia wire and cable market size was valued at USD 1.98 billion in 2025 and is estimated to grow from USD 2.07 billion in 2026 to reach USD 2.53 billion by 2031, at a CAGR of 4.10% during the forecast period (2026-2031). This report is Segmented by Voltage (Extra- and High-Voltage (Greater Than 35 KV), and More), Cable Type (Power Cable, and More), Conductor Material (Copper, Aluminum, and More), Installation (Overhead, Underground, and Submarine), End-User Vertical (Residential Construction, and More), and Insulation (Insulated, and Non-Insulated). The Market Forecasts are Provided in Terms of Value (USD).

Saudi Arabia Wire and Cable Market Trends and Insights

Vision 2030 Giga-Projects and Urban Infrastructure Build-Out

The execution phase of Saudi Arabia’s giga-project portfolio is a major near-term driver of demand for the Saudi Arabia wire and cable market. Contract awards increased as project activity moved from planning into construction and material deployment. Residential, hospitality, commercial, cultural, and public infrastructure projects require large volumes of low-voltage building wire and distribution cables. Utility infrastructure that connects these developments to the national grid also requires medium-voltage, high-voltage, and extra-high-voltage systems. The concentration of projects in Riyadh, Jeddah, and the northwestern coast supports demand across urban, coastal, and remote installation environments. Project owners can require specifications that vary by site and operating conditions, making qualification more difficult for smaller suppliers and favoring manufacturers that can meet specialized technical and delivery requirements.

Grid Modernization and Transmission Network Expansion

Saudi Energy’s transmission network reached 104,634 circular km in 2025, up 5% from the prior year, while its fiber-optic network reached 104,417 km, up 9%. The parallel expansion of power and communications networks reflects the use of fiber along transmission corridors for smart-grid operations. Saudi Energy added 55 transmission substations during 2025 and invested SAR 88.2 billion (USD 23.5 billion) in grid expansion, battery storage, and smart-grid upgrades. The Saudi Arabia wire and cable market benefits when substations, transmission corridors, and system upgrades require connections across several voltage levels. The planned expansion of the transmission system to 160,000 km by 2030 points to sustained demand for medium-voltage and high-voltage cable systems. Urban grid upgrades also support underground routes where visual, safety, and land-use requirements limit overhead infrastructure, increasing the importance of approved systems that meet utility standards.

Copper, Aluminum and Polymer Price Volatility

Raw materials, including copper, aluminum, and polymer compounds, accounted for 70% to 85% of cable production costs. This makes changes in commodity prices important to manufacturers, contractors, and project owners. Copper reached an intraday high of USD 14,527.50 per tonne in January 2026, placing pressure on cable manufacturers and project contractors. LSEG projected refined copper production growth of 2.2% for 2026, below its earlier 2.8% projection. The Saudi Arabia wire and cable market may face longer procurement cycles when contractors operate under fixed-price agreements, while aluminum market disruptions can erode the cost advantage that supports substitution in lower-voltage applications. These pressures can erode margins, delay material purchases, and complicate procurement timing.

Other drivers and restraints analyzed in the detailed report include:

• Renewable Energy and Storage Interconnection
• 5G, Fiber Broadband and Data Center Expansion
• Qualification and Approval Lead Times for High-Specification Cables

Segment Analysis

Low-voltage cables held 45.72% of the Saudi Arabia wire and cable market share in 2025. Residential construction, commercial fit-outs, and industrial distribution circuits create high-volume demand for building wire and flexible harnesses. Housing programs, including ROSHN developments, continue to support this broad demand base. Contractors use these products across internal building networks, service connections, and local distribution systems. Medium-voltage cables are projected to expand at a 5.99% CAGR from 2026 to 2031 as project utility networks require higher-capacity interconnection.

Renewable facilities, industrial parks, and giga-project utility systems support the need for medium-voltage products. High-voltage and extra-high-voltage cables remain central to transmission expansion and renewable integration. Saudi Energy had 24 substations and 4,327 km of transmission lines under construction to connect 34.4 GW of renewable capacity by 2027. Cross-linked polyethylene, or XLPE, insulation is required for underground applications under Saudi Energy’s distribution materials specification 11-SDMS-01. The Saudi Arabia wire and cable market, therefore, retains a large low-voltage base while higher-voltage applications gain importance.

Power cables accounted for 68.14% of the Saudi Arabia wire and cable market size in 2025. Electricity delivery infrastructure remains the largest source of demand due to grid projects, independent power connections, and utility requirements for giga-projects. Transmission, distribution, and project utility systems use power cables at several voltage levels. This base is supported by continued utility investment and construction activity across the Kingdom. Fiber-optic cables are projected to expand at a 5.74% CAGR from 2026 to 2031 as fiber-to-the-home, 5G backhaul, and data-center connections expand.

stc Group’s SilkLink initiative involved a USD 800 million contract signed in February 2026 for 4,500 km of terrestrial fiber across Syria. The project showed the regional importance of diversified long-haul fiber routes and alternative connectivity paths. Within Saudi Arabia, this planning can increase demand for terrestrial backhaul and associated optical infrastructure. Signal and control cables remain relevant for oil and gas automation and industrial manufacturing, while coaxial and data cables continue to support broadcast and legacy telecommunications uses. Bahra Electric signed an agreement with Prysmian in 2025 to manufacture optical ground wire, or OPGW, at its Saudi facility, expanding domestic capability in a specialized fiber-related product category.

Complete Report Scope:

• By Voltage
  • Extra- and High-Voltage (Greater Than 35 kV)
  • Medium-Voltage (1-35 kV)
  • Low-Voltage (Less Than 1 kV)
• By Cable Type
  • Power Cable
  • Fiber-Optic Cable
  • Signal and Control Cable
  • Coaxial and Data Cable
• By Conductor Material
  • Copper
  • Aluminum
  • Optical Glass/Polymer
• By Installation
  • Overhead
  • Underground
  • Submarine
• By End-User Vertical
  • Residential Construction
  • Commercial Construction
  • Power Infrastructure (Utilities and Renewables)
  • Telecommunications and Data Centers
  • Oil and Gas and Petrochemicals
  • Automotive and Mobility
  • Industrial Manufacturing
• By Insulation
  • Insulated
  • Non-Insulated

List of Companies Covered in this Report:

• Riyadh Cables Group Company
• Saudi Cable Company
• Bahra Electric (Bahra Advanced Cable Manufacture Company Ltd.)
• Jeddah Cables Company
• Middle East Specialized Cables Company (MESC)
• Alfanar Electrical Systems Company
• Elsewedy Electric Saudi Co. Ltd.
• Energya Cables Saudi Arabia
• National Cables Industry (NCI)
• Oman Cables Industry SAOG
• Corning Incorporated
• Dubai Cable Company Pvt. Ltd.
• Nexans S.A.
• Prysmian S.p.A
• NKT A/S
• LS Cable & System Ltd.
• Furukawa Electric Co., Ltd.
• Sumitomo Electric Industries, Ltd.
• Masarat United Cables Company
• Belden Inc.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support