The Global Multi-Core Wire and Cable Market was valued at USD 53.15 Billion in 2025 and is projected to reach USD 83.35 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 6.7% during the forecast period (2025–2034). This robust growth is driven by massive global investments in power infrastructure, the rapid expansion of industrial automation, and the accelerating development of smart cities and renewable energy projects.

As the world becomes increasingly electrified and connected, the demand for reliable and efficient electrical transmission systems is more critical than ever. Multi-core wires and cables, with their ability to consolidate multiple conductors into a single, space-saving unit, are at the heart of this transformation. In this blog, we profile the Top 10 Companies in the Multi-Core Wire and Cable Industry—a mix of global manufacturing giants, regional powerhouses, and technology innovators shaping the backbone of modern infrastructure.

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🔟 1. Prysmian Group

Headquarters: Milan, Italy
Key Offering: Power Cables, Telecom Cables, Special & Industrial Cables

Prysmian Group is the world’s largest cable manufacturer, holding a dominant position in the multi-core wire and cable market. The company serves a vast array of sectors, including energy, telecommunications, and construction, with a comprehensive portfolio designed for high performance and reliability. Their expertise in submarine cable systems for intercontinental power links and offshore wind farms places them at the forefront of the energy transition.

Innovation & Sustainability Initiatives:

• Pioneering developments in High-Voltage Direct Current (HVDC) and submarine cable technology

• Extensive R&D in eco-design cables and recyclable materials to reduce environmental impact

• Commitment to carbon neutrality across operations by 2035

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9️⃣ 2. Nexans S.A.

Headquarters: Paris, France
Key Offering: Building & Territory Cables, High Voltage & Projects, Telecom & Data Cables

Nexans is a global leader in the cable industry, known for its strong focus on electrification and technological innovation. The company plays a crucial role in upgrading aging grid infrastructure and deploying advanced solutions for the digital world. Its multi-core cables are essential components in everything from urban construction projects to major renewable energy installations.

Innovation & Sustainability Initiatives:

• Leading the shift to a smarter, more connected electrical grid with advanced grid solutions

• Significant investment in halogen-free, flame-retardant (LSZH) cable production for enhanced safety

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8️⃣ 3. LS Cable & System

Headquarters: Anyang, South Korea
Key Offering: Power Cables, Telecommunication Cables, Industrial System Cables

LS Cable & System is a major force in the Asian market and a key global supplier. The company is renowned for its technological prowess, particularly in ultra-high-voltage cables and advanced optical fiber products. Its multi-core solutions are critical for power transmission networks and the rapid rollout of 5G infrastructure across the region and beyond.

Innovation & Sustainability Initiatives:

• Development of eco-friendly cables with reduced carbon footprint

• Strategic focus on expanding its global market share in submarine and high-voltage cables

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7️⃣ 4. Sumitomo Electric Industries, Ltd.

Headquarters: Osaka, Japan
Key Offering: Energy Cables, Communication Cables, Automotive Cables

Sumitomo Electric is a diversified technology conglomerate with a formidable cable division. The company is a leader in both power transmission and optical communication cables, supplying products that meet the highest standards of quality and precision. Its multi-core cables are integral to Japan’s sophisticated infrastructure and are exported worldwide for critical applications.

Innovation & Sustainability Initiatives:

• Continuous innovation in fiber optic technology and high-efficiency power cables

• Active pursuit of sustainable manufacturing practices and circular economy principles

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6️⃣ 5. Furukawa Electric Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Power Cables, Telecom Cables (Optical Fiber), Metals & Functional Components

Furukawa Electric is another Japanese giant with a long history of innovation in the wire and cable sector. The company is a global leader in optical fiber cables, which are essential multi-core components for modern data networks. Its diverse product range also includes robust power cables for industrial and infrastructure use.

Innovation & Sustainability Initiatives:

• World-leading expertise in optical fiber and cable technology

• Development of advanced, durable cable designs for harsh environments

Download FREE Sample Report:
Multi-Core Wire and Cable Market – View in Detailed Research Report

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5️⃣ 6. NKT A/S

Headquarters: Copenhagen, Denmark
Key Offering: High-Voltage Cables, Power Transmission Solutions, Accessories

NKT is a leading European supplier of high-voltage power cables and solutions, specializing in connecting renewable energy sources to the grid. The company’s expertise is critical for the development of offshore wind farms and transnational power interconnectors, sectors that heavily rely on sophisticated multi-core cable systems.

Innovation & Sustainability Initiatives:

• Focus on high-value solutions for the renewable energy transition

• Production of low-loss, high-capacity cables to improve grid efficiency

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4️⃣ 7. KEI Industries Limited

Headquarters: New Delhi, India
Key Offering: Power Cables, Control & Instrumentation Cables, House Wires

KEI Industries is one of India’s largest cable manufacturers and a key player in the price-sensitive South Asian market. The company has a strong presence in the industrial and infrastructure sectors, supplying a wide range of multi-core cables for power distribution, control systems, and building wiring.

Innovation & Sustainability Initiatives:

• Significant investment in expanding manufacturing capacity to meet domestic and export demand

• Focus on producing reliable, cost-effective cable solutions for emerging markets

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3️⃣ 8. Hengtong Group

Headquarters: Suzhou, China
Key Offering: Optical Communication Cables, Power Transmission Cables, Marine Cables

Hengtong Group is a Chinese powerhouse and a major global supplier of optical fiber and power cables. The company benefits from vast domestic infrastructure projects and has a growing international footprint. Its comprehensive multi-core cable offerings are essential for China’s digitalization and energy infrastructure expansion.

Innovation & Sustainability Initiatives:

• Large-scale production capabilities for both fiber optic and power cables

• Active participation in global submarine cable projects and smart grid development

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2️⃣ 9. Fujikura Ltd.

Headquarters: Tokyo, Japan
Key Offering: Optical Fiber Cables, Electronic Wires, Automotive Components

Fujikura is a global specialist in advanced technology products, with a highly respected cable division. The company is renowned for its innovation in optical fiber technology and precision cables used in telecommunications, electronics, and automotive applications. Its multi-core fiber optic cables are critical for high-speed data centers and communication networks.

Innovation & Sustainability Initiatives:

• Leadership in fiber optic fusion splicers and advanced cable technology

• Commitment to developing smaller, lighter, and higher-performance cables

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1️⃣ 10. Far East Smarter Energy Co., Ltd.

Headquarters: Yixing, China
Key Offering: Smart Grid Cables, New Energy Cables, Electrical Equipment

Far East Smarter Energy is a leading cable manufacturer in China, focusing on products for smart grids, new energy, and intelligent transportation. The company is strategically positioned to capitalize on China’s massive investments in ultra-high-voltage power transmission and renewable energy integration, driving demand for its specialized multi-core cable solutions.

Innovation & Sustainability Initiatives:

• Strong focus on R&D for smart grid and new energy cable applications

• Expansion of production lines for high-margin, technologically advanced cables

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Multi-Core Wire and Cable Market – View in Detailed Research Report

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🌍 Outlook: The Future of Multi-Core Wire and Cable is Smarter and More Sustainable

The multi-core wire and cable market is undergoing a significant evolution. While traditional applications in construction and power distribution continue to drive volume, the industry is increasingly focused on smart technologies, sustainability, and specialized performance to meet the demands of a decarbonizing and digitalizing world.

📈 Key Trends Shaping the Market:

• Accelerated deployment of smart grid technologies requiring advanced monitoring and control cables

• Rising demand for fire-safe Low-Smoke Zero-Halogen (LSZH) cables in public infrastructure and data centers

• Growth in subsea and high-voltage cables for interconnecting renewable energy projects

• Increased adoption of automation and Industry 4.0, fueling demand for robust industrial multi-core cables

Read Full Report:
Multi-Core Wire and Cable Market – View in Detailed Research Report

The companies listed above are not only connecting the world—they are building the nervous system for the next generation of global infrastructure.