Top 10 Companies in the Copper Stranded Wire Industry (2024): Key Players Driving Electrical Infrastructure Development

In Business Insights
September 16, 2025

The Global Copper Stranded Wire Market was valued at USD 231.5 Million in 2022 and is projected to reach USD 278.6 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 2.7% during the forecast period (2023-2029). This steady expansion is fueled by rapid urbanization, renewable energy expansion, and increasing investments in power transmission infrastructure worldwide.

Copper stranded wire remains the backbone of electrical systems due to its superior conductivity and mechanical flexibility compared to solid conductors. In this comprehensive analysis, we examine the Top 10 Companies in the Copper Stranded Wire Industry – global manufacturers and innovators shaping electrical connectivity across multiple sectors.


🔟 1. Prysmian Group

Headquarters: Milan, Italy
Key Offering: Energy Cables with Stranded Copper Conductors

As the world’s largest cable manufacturer, Prysmian Group dominates the copper stranded wire sector with a comprehensive portfolio spanning energy transmission, industrial applications, and telecommunications. The company operates 112 production facilities across 50 countries.

Strategic Advantages:

  • Pioneer in high-voltage underground and submarine cable systems
  • Advanced conductive materials research and development
  • Market leader in renewable energy interconnection solutions

Download FREE Sample Report: Copper Stranded Wire Market – View in Detailed Research Report


9️⃣ 2. Nexans

Headquarters: Paris, France
Key Offering: Specialized Copper Stranded Conductors

Nexans operates a vertically integrated manufacturing model, producing copper rods through finished cable products. Their stranded wire solutions serve demanding applications in energy infrastructure, building construction, and industrial automation.

Technology Focus:

  • High-performance conductive alloys for extreme environments
  • Customized stranding configurations for niche applications
  • Eco-design principles in product development

8️⃣ 3. General Cable (Prysmian Subsidiary)

Headquarters: Highland Heights, Kentucky, USA
Key Offering: Building Wire and Industrial Cable Solutions

Now operating as part of Prysmian Group, General Cable maintains strong market positions in North American construction and utility markets with its copper stranded wire products meeting rigorous North American safety standards.

Market Strengths:

  • Extensive distributor network across North America
  • Compliant with NEC, UL, and CSA standards
  • Strong presence in oil/gas and mining cable segments

7️⃣ 4. Sumitomo Electric Industries

Headquarters: Osaka, Japan
Key Offering: Ultra-Fine Stranded Conductors

Sumitomo Electric stands apart in precision copper wire technology, supplying ultra-fine stranded conductors for automotive harnesses, electronics, and specialized industrial applications requiring maximum flexibility.

Technical Capabilities:

  • World-class conductor drawing and stranding technology
  • Pioneer in high-frequency signal transmission wires
  • Advanced plating and coating solutions

Download FREE Sample Report: Copper Stranded Wire Market – View in Detailed Research Report


6️⃣ 5. Southwire Company

Headquarters: Carrollton, Georgia, USA
Key Offering: Residential and Commercial Building Wire

As North America’s largest wire producer, Southwire manufactures copper stranded wire products for construction, industrial, and utility applications with a strong focus on sustainable production practices.

Sustainability Leadership:

  • Copper recycling initiatives
  • Energy-efficient manufacturing processes
  • LEED-compliant wiring solutions

5️⃣ 6. LS Cable & System

Headquarters: Anyang, South Korea
Key Offering: Power and Communication Cables

This Korean conglomerate produces premium copper stranded conductors for energy transmission, automobile wiring, and telecommunications infrastructure across Asian markets.

Manufacturing Expertise:

  • Advanced stranding and insulation technologies
  • Specialized cables for nuclear power applications
  • Growing EV charging infrastructure solutions

4️⃣ 7. Furukawa Electric

Headquarters: Tokyo, Japan
Key Offering: Specialty Copper Wire Products

Furukawa Electric combines materials science expertise with precision manufacturing to produce high-performance stranded copper conductors for electronics, automotive, and industrial applications.

Innovation Focus:

  • Nanotechnology-enhanced conductors
  • High-durability wire for robotics
  • Energy-efficient production methods

3️⃣ 8. Polycab India

Headquarters: Mumbai, India
Key Offering: Building Wires & Flexible Cables

Polycab leads India’s fast-growing copper wire market, supplying stranded conductors for residential, commercial, and industrial applications as the country modernizes its electrical infrastructure.

Market Position:

  • India’s largest wires and cables manufacturer
  • 26 manufacturing facilities nationwide
  • Strong rural electrification program participation

2️⃣ 9. Elsewedy Electric

Headquarters: Cairo, Egypt
Key Offering: Power Transmission Solutions

This Egyptian multinational supplies copper stranded wire products across Africa and the Middle East, supporting regional infrastructure development and renewable energy projects.

Regional Advantages:

  • Market leader in MENA region
  • Custom solutions for harsh climates
  • Strategic solar power project involvement

1️⃣ 10. Sarkuysan

Headquarters: Gebze, Turkey
Key Offering: Copper Wire and Rod

Turkey’s premier copper producer, Sarkuysan, manufactures high-quality stranded conductors for European and global markets with a focus on energy efficiency and advanced alloy formulations.

Production Capabilities:

  • Vertically integrated copper processing
  • High-purity oxygen-free copper products
  • Custom alloy development

Get Full Report Here: Copper Stranded Wire Market – View in Detailed Research Report


🔌 Market Outlook: Copper Stranded Wire Industry Trends

The global copper stranded wire market continues evolving to meet the demands of modern electrical systems, with key developments focused on sustainability and performance enhancement.

📈 Key Growth Drivers:

  • Global renewable energy capacity additions exceeding 300 GW annually
  • 5G network expansion driving high-frequency wire demand
  • Automotive electrification requiring advanced conductors
  • Smart grid modernization initiatives worldwide

Get Full Report Here: Copper Stranded Wire Market – View in Detailed Research Report

The profiled companies represent the vanguard of conductive solutions development, continuously innovating to meet the complex demands of 21st century electrical infrastructure while addressing environmental responsibilities.