The Global Underground Feeder Cable Market was valued at USD 12.8 Billion in 2024 and is projected to reach USD 18.2 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.9% during the forecast period (2024–2030). This robust growth trajectory is fueled by increasing investments in grid modernization, the global push for renewable energy integration, and the rising demand for reliable underground power infrastructure in urban and sensitive environmental areas.
As nations worldwide prioritize resilient energy networks and aesthetic urban landscapes, the demand for high-performance underground feeder cables is surging. These critical components form the backbone of subterranean power distribution, ensuring uninterrupted electricity supply. In this blog, we profile the Top 10 Companies in the Underground Feeder Cable Industry—a group of established manufacturers and innovators driving the transition from overhead to underground power systems.
🔟 1. Southwire Company, LLC
Headquarters: Carrollton, Georgia, USA
Key Offering: UF-B, USE-2, XHHW-2 Underground Cables
Southwire is a North American leader in wire and cable manufacturing, with a comprehensive portfolio of underground feeder cables designed for residential, commercial, and utility applications. Their products are known for durability, compliance with stringent standards, and innovation in materials science.
Innovation and Sustainability Initiatives:
- Development of lead-free and reduced-smoke zero-halogen (LSZH) cable formulations
- Investment in recycling programs for copper and aluminum
- Commitment to sustainable manufacturing practices and renewable energy usage in operations
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9️⃣ 2. Prysmian Group
Headquarters: Milan, Italy
Key Offering: MV/LV Underground Cables, HV/EHV Submarine & Land Cables
Prysmian Group is a global giant in the energy and telecom cable industry, supplying advanced underground cable systems for power transmission and distribution networks worldwide. Their expertise spans from low-voltage residential cables to extra-high-voltage projects connecting grids across continents.
Innovation and Sustainability Initiatives:
- Pioneering HVDC (High-Voltage Direct Current) cable technology for long-distance underground transmission
- Focus on circular economy principles with eco-design cables
- Active in major global grid interconnection projects
8️⃣ 3. Nexans S.A.
Headquarters: Paris, France
Key Offering: Alfallex® Underground Cables, SCADA-Integrated Grid Solutions
Nexans is a key player in the advanced cable solutions market, providing a wide range of underground cables for infrastructure, construction, and industrial applications. The company is heavily involved in upgrading aging grid infrastructure with smart, durable underground systems.
Innovation and Sustainability Initiatives:
- Development of fire-resistant and environmentally friendly cable compounds
- Electrification initiatives supporting the transition to renewable energy sources
- Commitment to carbon neutrality across its value chain
7️⃣ 4. General Cable Technologies (part of Prysmian)
Headquarters: Highland Heights, Kentucky, USA
Key Offering: Carol Brand UF Cables, Portable Cord & Building Wire
Now integrated into Prysmian Group, General Cable’s legacy brands like Carol continue to be prominent in the North American market for underground feeder and branch circuit cables. Their products are widely used in residential and light commercial construction.
Innovation and Sustainability Initiatives:
- Continuation of product lines with a focus on NEC and UL standards compliance
- Integration into Prysmian’s global sustainability framework
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Underground Feeder Cable Market – View in Detailed Research Report
6️⃣ 5. LS Cable & System
Headquarters: Anyang, South Korea
Key Offering: Superconducting Cables, HV Underground Cables, Optical Ground Wire (OPGW)
LS Cable & System is a leading South Korean cable manufacturer with a strong global presence, particularly in the high-voltage and extra-high-voltage underground cable segment. The company is at the forefront of developing superconducting cable technology for ultra-efficient power transmission.
Innovation and Sustainability Initiatives:
- Significant R&D investment in next-generation superconducting and eco-friendly cables
- Expansion of production capacity to meet global demand for grid infrastructure
- Focus on reducing carbon footprint in manufacturing processes
5️⃣ 6. Sumitomo Electric Industries, Ltd.
Headquarters: Osaka, Japan
Key Offering: VVF Cables, XLPE Insulated Power Cables, High-Temperature Superconducting Cables
Sumitomo Electric is a diversified technology company with a formidable wire and cable division. It is renowned for its high-quality underground power cables, which are essential for Japan’s densely populated urban centers and stringent seismic safety standards.
Innovation and Sustainability Initiatives:
- Leadership in developing cables for harsh environments and disaster resilience
- Advancements in materials technology for longer cable lifespan and higher efficiency
- Commitment to achieving carbon neutrality by 2050
4️⃣ 7. NKT A/S
Headquarters: Copenhagen, Denmark
Key Offering: HVAC & HVDC Power Cables, Cable Accessories, Service Solutions
NKT is a leading European supplier of high-voltage power cables and accessories, specializing in solutions that connect renewable energy sources like offshore wind farms to the mainland grid via underground and subsea routes.
Innovation and Sustainability Initiatives:
- Expertise in low-loss, high-capacity HVDC cable systems for renewable energy integration
- Use of eco-efficient designs with a focus on full lifecycle assessment
- Target of becoming a climate-neutral company
3️⃣ 8. Encore Wire Corporation
Headquarters: McKinney, Texas, USA
Key Offering: UF-B, THHN/THWN-2, Building Wire Products
Encore Wire is a major US manufacturer of copper and aluminum electrical building wires, including a significant range of underground feeder cables. The company operates a highly integrated, single-site manufacturing facility that ensures quality control and efficiency.
Innovation and Sustainability Initiatives:
- Continuous modernization of manufacturing processes for efficiency and waste reduction
- Strong focus on the residential and commercial construction markets in North America
2️⃣ 9. Furukawa Electric Co., Ltd.
Headquarters: Tokyo, Japan
Key Offering: Power Cables, Superconducting Wires, Optical Fibers
Furukawa Electric is a Japanese multinational with a long history in cable technology. The company produces a wide array of underground power cables, contributing to the reliability of Japan’s and the world’s electrical infrastructure.
Innovation and Sustainability Initiatives:
- Development of innovative cooling technologies for high-capacity underground cables
- R&D in advanced materials to enhance cable performance and durability
- Initiatives aligned with the UN Sustainable Development Goals (SDGs)
1️⃣ 10. Leoni AG
Headquarters: Nuremberg, Germany
Key Offering: Wiring Systems, Fiber Optics, Specialty Cables
Leoni is a global provider of cables and cable systems, serving various industries, including infrastructure and energy. While known for automotive wiring, its infrastructure division supplies specialized cables for energy distribution and industrial applications.
Innovation and Sustainability Initiatives:
- Focus on developing sustainable cable solutions with recyclable materials
- Implementation of energy-efficient production technologies
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Underground Feeder Cable Market – View in Detailed Research Report
🌍 Outlook: The Future of Underground Feeder Cables Is Smarter and More Resilient
The underground feeder cable market is undergoing a significant transformation. Driven by the need for climate-resilient infrastructure and the integration of decentralized renewable energy, the industry is focusing on smarter, more efficient, and durable cable technologies.
📈 Key Trends Shaping the Market:
- Accelerated deployment of underground cables in urban areas for aesthetic and safety reasons
- Increasing investments in grid modernization and hardening against extreme weather events
- Growing demand for high-voltage direct current (HVDC) cables for long-distance renewable energy transmission
- Development of “smart cables” with integrated fiber optics for real-time monitoring and diagnostics
Get Full Report Here:
Underground Feeder Cable Market – View in Detailed Research Report
The companies listed above are not only supplying critical infrastructure components—they are enabling the modernization and decarbonization of the world’s power grids.
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