The Global Copper Core XLPE Insulated Cable Market was valued at US$ 12,170 Million in 2025 and is projected to reach US$ 19,350 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 6.9% during the forecast period (2025–2034). This robust growth is driven by intensifying global demand for reliable power transmission, expanding renewable energy projects, and large-scale grid modernization initiatives in both developed and developing economies.

As the world accelerates its transition to electrification and sustainable energy, the critical infrastructure supporting this shift relies on high-performance cabling. Copper Core XLPE Insulated Cables are at the forefront, prized for their superior conductivity, high thermal resistance, and durability. In this blog, we profile the Top 10 Companies in the Copper Core XLPE Insulated Cable Industry—global manufacturing leaders and innovative specialists shaping the future of power distribution worldwide.

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🔟 1. Prysmian Group

Headquarters: Milan, Italy
Key Offering: High & Extra High Voltage XLPE Cables, Submarine Cables, Fire-Resistant Cables

Prysmian Group is the world’s largest cable manufacturer, commanding a formidable presence in the energy and telecom sectors. The company offers an extensive portfolio of copper core XLPE cables designed for power transmission and distribution networks, including innovative solutions for offshore wind farms and subsea interconnections.

Innovation & Project Focus:

• Pioneering HVDC and HVAC submarine cable systems for global interconnectors

• Investment in sustainable cable materials and circular economy practices

• Leading supplier for major grid upgrade projects across Europe, North America, and Asia-Pacific

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9️⃣ 2. Nexans

Headquarters: Paris, France
Key Offering: XLPE Land Cables, Submarine Cables, Building Cables

Nexans is a global leader in the cable industry, with a strong focus on electrification. The company provides a comprehensive range of copper core XLPE insulated cables that are essential for urban infrastructure, industrial applications, and renewable energy integration.

Innovation & Project Focus:

• Development of eco-design cables with lower environmental impact

• Strategic focus on grid modernization and the electrification of transportation

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8️⃣ 3. Sumitomo Electric Industries, Ltd.

Headquarters: Osaka, Japan
Key Offering: Power Cables, Super-Tension XLPE Cables, Optical Fiber Composite Cables

Sumitomo Electric is a diversified technology giant with a powerful cables and energy segment. The company is renowned for its high-quality, ultra-reliable XLPE cables that serve utility grids, industrial complexes, and public infrastructure projects throughout Asia and globally.

Innovation & Project Focus:

• Advanced R&D in superconducting cables and high-efficiency power transmission

• Strong presence in the high-growth Southeast Asian power sector

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Copper Core XLPE Insulated Cable Market – View in Detailed Research Report

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7️⃣ 4. Riyadh Cables Group

Headquarters: Riyadh, Saudi Arabia
Key Offering: LV, MV, and HV XLPE Cables, Overhead Conductors

Riyadh Cables Group is a leading manufacturer in the Middle East and North Africa (MENA) region, supplying a vast array of copper and aluminum cables. The company plays a pivotal role in powering the Gulf region’s ambitious infrastructure and giga-projects.

Innovation & Project Focus:

• Key supplier for Saudi Arabia’s Vision 2030 projects and urban development

• Expanding export footprint across Africa and Asia

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6️⃣ 5. LS Cable & System

Headquarters: Anyang, South Korea
Key Offering: Underground Transmission Cables, Submarine Cables, Superconducting Cables

LS Cable & System is a major global player, particularly strong in the Asian market. The company specializes in advanced cable solutions, including high-voltage copper core XLPE cables that are critical for stable and efficient power grids.

Innovation & Project Focus:

• Leading provider of cables for offshore wind projects in South Korea and Taiwan

• Continuous investment in R&D for next-generation grid technologies

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5️⃣ 6. Southwire Company, LLC

Headquarters: Carrollton, Georgia, USA
Key Offering: Building Wire, Utility Distribution Cables, Portable Cord

Southwire is one of North America’s leading wire and cable producers. The company manufactures a broad spectrum of copper core XLPE cables for construction, industrial, and utility applications, emphasizing product quality and sustainability.

Innovation & Project Focus:

• Commitment to sustainable manufacturing and recycled content in cables

• Major supplier for U.S. grid resilience and renewable energy interconnection projects

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4️⃣ 7. Furukawa Electric Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Power Cables, Photovoltaic Cables, Communication Cables

Furukawa Electric is a respected Japanese multinational with a long history of innovation in cable technology. The company’s copper core XLPE products are known for their exceptional performance in demanding environments.

Innovation & Project Focus:

• Expertise in cables for geothermal and solar power generation

• Development of flame-retardant and low-smoke, zero-halogen (LSZH) cables for enhanced safety

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Copper Core XLPE Insulated Cable Market – View in Detailed Research Report

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3️⃣ 8. Alfanar Group

Headquarters: Riyadh, Saudi Arabia
Key Offering: LV/MV/HV Cables, Overhead Lines, Prefabricated Substations

Alfanar is a diversified conglomerate and a significant force in the Middle Eastern electrical manufacturing landscape. Its cable division produces robust copper core XLPE cables that meet the stringent requirements of utility and industrial clients.

Innovation & Project Focus:

• Vertical integration from manufacturing to EPC services for power projects

• Strategic expansion into renewable energy project development

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2️⃣ 9. Sinostar Cable Co., Ltd.

Headquarters: Hebei, China
Key Offering: Power Cables, Control Cables, Bare Conductors

Sinostar Cable is a major Chinese manufacturer with a growing international footprint. The company supplies a wide range of copper core XLPE insulated cables that are competitively priced and well-suited for infrastructure development across emerging markets.

Innovation & Project Focus:

• Focus on cost-effective solutions for large-scale power distribution projects

• Expanding production capacity to meet rising domestic and international demand

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1️⃣ 10. Shenghua Cable Group

Headquarters: Qingdao, China
Key Offering: XLPE Insulated Power Cables, Wires, and Special Cables

Shenghua Cable Group is a prominent Chinese cable maker with substantial production capabilities. The company specializes in power cables and has established itself as a reliable supplier for a variety of applications, from urban grid construction to industrial power supply.

Innovation & Project Focus:

• Investment in automated production lines for enhanced quality and efficiency

• Strategic focus on product certification and compliance with international standards

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Copper Core XLPE Insulated Cable Market – View in Detailed Research Report

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🔌 Outlook: The Future of Copper Core XLPE Cables Is Smarter and More Sustainable

The copper core XLPE insulated cable market is experiencing a fundamental transformation. While traditional grid applications continue to drive volume, the industry is rapidly adapting to the needs of a digitalized, decentralized, and decarbonized energy landscape.

📈 Key Trends Shaping the Market:

• Accelerated deployment of renewable energy sources requiring robust interconnection cables

• Government-led grid modernization and resilience programs in response to climate change

• Growing adoption of smart grid technologies and underground cabling in urban areas

• Increasing demand for fire-safe and environmentally friendly cable materials

Get Full Report Here:
Copper Core XLPE Insulated Cable Market – View in Detailed Research Report

The companies listed above are not only powering global development—they are enabling the critical infrastructure transition towards a more electrified and sustainable future.