GCC Wires and Cables Market to Near US$ 10 Billion by 2033 on Infrastructure and Energy Push

Market Forecast

According to Renub Research Project Report GCC wires and cables market is projected to grow from USD 5.36 billion in 2024 to USD 9.87 billion by 2033, recording a CAGR of 7.1% between 2025 and 2033. The expansion is closely tied to the region’s infrastructure boom, renewable energy transition, and rollout of next-generation digital networks.

From Saudi Arabia’s NEOM megacity to the UAE’s smart city projects and Qatar’s post-World Cup infrastructure drive, every landmark project depends on vast networks of high-performance wires and cables for power distribution, digital connectivity, and automation.

Market Overview

Wires and cables form the backbone of modern economies. In the GCC, their importance is magnified as the region builds skyscrapers, metro lines, airports, renewable power plants, and data centers at an unprecedented pace.

Wires (single conductor) and cables (multiple bundled conductors with insulation) are used in everything from residential power systems and HVAC installations to fiber optic telecom networks and high-voltage grid infrastructure.

In an economy increasingly defined by diversification and technology, cables are no longer just utilities—they are enablers of digitalization, clean energy, and smart infrastructure.

👉 Want to explore detailed market trends, segment insights, and forecasts? 🔗 Request Free Sample Report

Growth Drivers

1. Infrastructure and Construction Boom

Saudi Arabia’s Vision 2030 projects, UAE’s smart cities, and Qatar’s transport corridors demand large-scale cabling systems. Residential and commercial complexes, airports, stadiums, and industrial zones are key consumers of low- and medium-voltage cables.

For example, in January 2025, Abra announced over 50 active projects targeting completion by year-end, reflecting the rising need for fit-out and electrical infrastructure.

2. Renewable Energy and Grid Expansion

As GCC states shift toward solar and wind, demand for high-voltage and specialized solar-compatible cables is surging.

The UAE’s Mohammed bin Rashid Al Maktoum Solar Park and Saudi’s massive solar farms are key drivers.

Kuwait Oil Company and KBR’s 17 GW renewable and 25 GW green hydrogen masterplan (July 2024) underscores the need for robust cable infrastructure.

3. Digital Transformation and 5G Deployment

The GCC is a global leader in digital adoption, with heavy investments in fiber optic cables for data centers, cloud services, and smart cities.

Saudi Arabia aims to move from 31st to 5th in the UN e-government index by 2030.

Bahrain targets digitalizing 200 government services by 2026.

The UAE is pushing for 100% digitalization by 2025.

Fiber optics, signal control cables, and structured cabling are becoming as vital as power lines.

Challenges

Raw Material Volatility

Cables rely on copper, aluminum, and plastics, all subject to global price swings. Project budgets and deadlines in the GCC can be squeezed when material costs spike, undermining local manufacturers’ competitiveness against imports.

Regulatory Gaps

Standardization remains uneven. Varying national rules on voltage ratings, insulation, and fire resistance complicate cross-border trade. Compliance with international benchmarks for mega-projects often requires costly certification and testing.

Segment Insights

Cable Types: Power cables dominate demand for utilities and infrastructure; fiber optics are rising fastest due to 5G and cloud adoption.

Voltage: Low voltage cables lead in residential/commercial use; high and extra-high voltage cables are surging in renewable and grid expansion.

Installation: Underground cabling is expanding in dense urban areas like Dubai, Riyadh, and Doha, driven by safety, durability, and aesthetics.

End-Users: Building & construction leads, followed by oil & gas, power utilities, IT & telecom, and emerging demand from automotive EV infrastructure.

👉 For deeper analysis, detailed segment data, and company insights: 🔗 Request Customization Report

Country Spotlights

Saudi Arabia

The largest GCC market, powered by NEOM, the Red Sea Project, and Vision 2030’s renewable push.

Demand spans residential wiring to high-voltage transmission lines.

In May 2024, Salam and GCX launched the Saudi Transit Corridor, strengthening the Kingdom’s role in global fiber connectivity.

United Arab Emirates

A hub for innovation and smart urban projects, driving demand for fiber optics, high-performance power cables, and solar-compatible solutions.

In April 2025, Ducab Group unveiled the GCC’s first high-voltage fiber optic cable at the Middle East Energy trade fair, reinforcing its regional and EU expansion.

Qatar

Post-World Cup momentum continues with Lusail City, Hamad International Airport expansion, and green building codes boosting demand.

In January 2025, Ooredoo Group and Alcatel Submarine Networks announced the Fibre in Gulf (FIG) project, a 720 Tbps submarine cable connecting Qatar with other GCC states.

Oman, Kuwait, Bahrain

Smaller but dynamic markets.

Oman invests in digital government and smart utilities.

Kuwait pushes renewable energy and aims for 90% digitalization by 2027.

Bahrain targets cloud expansion and secure telecom infrastructure.

Key Companies

The competitive landscape includes both regional champions and global players.

Riyadh Cable, Jeddah Cable, Bahra Cable (Saudi Arabia)

Ducab Group, National Cable Industry, Power Plus Cables (UAE)

Oman Cables Industry (OCI) (Oman)

Doha Cables, QICC (Qatar)

These firms focus on capacity expansion, sustainability, and compliance with global standards to remain competitive.

Outlook to 2033

By 2033, the GCC wires and cables market will near USD 10 billion, powered by:

Mega-project investments in energy, transport, and digital infrastructure.

Full-scale integration of renewables into national grids.

5G, fiber optics, and IoT rollouts cementing the region as a digital leader.

Despite price volatility and regulatory hurdles, the GCC’s strategic commitment to Vision 2030, Net Zero ambitions, and smart cities ensures steady long-term demand.

In effect, cables will remain the unseen but critical arteries powering the Gulf’s economic transformation—from the solar farms of Dubai and NEOM’s futuristic landscapes to the high-speed digital corridors of Doha and Abu Dhabi.

Note: If you need details, data, or insights not covered in this report, we are glad to assist. Through our customization service, we will collect and deliver the information you require, tailored to your specific needs. Share your requirements with us, and we will update the report to align with your expectations.