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Connecting the World: Materials, Technologies, and Global Markets

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“Wire and Cable: Materials, Technologies, and Global Markets” explores the different materials used to make wires and cables, such as copper, aluminum, and fiber optics. It also looks at the latest technologies that are improving their performance and efficiency. Finally, it covers how the global market for these products is growing, highlighting key regions and industries driving demand, like telecommunications, energy, and construction.”

BOSTON, Dec. 13, 2024 /PRNewswire/ — According to the latest study from BCC research, the demand for Wire and Cable: Materials, Technologies and Global Markets is estimated at $254.0 billion in 2024 and is projected to reach $387.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 8.8% during the forecast period of 2024 to 2029.

The report covers the different types of wires and cables based on voltage (low to extra-high), installation methods (overhead or underground), and materials used (insulation and conductor materials). It also looks at the various industries that use wires and cables, such as power transmission, telecommunications, infrastructure, transportation, electronics, and oil & gas. It breaks down the global market by region North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. Revenue estimates are based on manufacturers’ total sales, given in U.S. dollars without adjusting for inflation.

Interesting Facts about Wire and Cable: Materials, Technologies and Global Markets

Environmental Impact: Because making wire and cable uses so much energy and can harm the environment, manufacturers are focusing on recycling, sustainability, and eco-friendly production methods.Space Exploration: Wires and cables play a crucial role in space travel, transmitting data and power in extreme conditions.Global Connectivity: The underwater cables that connect countries to the internet must be able to withstand ocean pressure, corrosion and even bites from marine life.

Factors contributing to the market’s growth include:

Urbanization and infrastructure development.: As more people move to cities, there is an increasing need for new housing, roads, bridges, transportation, water supply, and energy systems. This infrastructure development helps improve living conditions, create jobs, and make cities more efficient and connected.Transition to electric vehicles (EVs).: EVs reduce pollution and the use of fossil fuels. This shift is driven by efforts to protect the environment, improve air quality, and lower transportation costs over time. It also includes building more charging stations and advancing battery technology to make EVs more convenient and efficient.Increased use of renewable energy.: More people and businesses are turning to energy sources that can be naturally replenished, like solar, wind, and hydropower, instead of relying on fossil fuels like coal and oil. This helps reduce pollution and protect the environment, as renewable energy is cleaner and will not run out. It’s an important key step in fighting climate change and creating a more sustainable future.Specialized Use of Wires and Cables: Many manufacturers of wires and cables focus on specialized uses for their products. For example, some manufacturers design wires and cables especially for military hardware, aircraft, charging systems, oilfield instruments, smoke extractor fans, drilling operations, pipeline monitoring, remote control systems, smoke alarms and emergencies, solar panel arrangements, railcars, trolleys, and crane cranes. In the healthcare sector, manufacturers are creating wires and cables for use in in vitro diagnostics, medical markers for X-rays, stents, electrosurgery and guide wires.

Request a Sample Copy of the Report Wire and Cable: Materials, Technologies and Global Markets

Report Synopsis

Report Metric

Details

Base year considered

2023

Forecast period considered

2024-2029

Base year market size

$234.1 billion

Market size forecast

$387.3 billion

Growth rate

CAGR of 8.8% for the forecast period of 2024-2029

Segments covered

Installation Type, Voltage Type, Material Type, End-Use, and Region

Regions covered

North America, Europe, Asia-Pacific, South America, Middle East and Africa

Countries covered

China, India, Japan, U.S., Canada, Mexico, Germany, France, U.K., Brazil, Argentina, Saudi Arabia, South Africa, and UAE

Market drivers

•         Urbanization and infrastructure development.

•         Transition to EVs.

•         Increased use of renewable energy.

This report addresses the following questions:

What is the projected market size?
The global wire and cable market was valued at $234.1 billion in 2023 and is projected to grow to $254.0 billion in 2024 and to $387.3 billion by the end of 2029 at a compound annual growth rate (CAGR) of 8.8% during the forecast period.

What are the factors driving the growth of the market?
– Transition of automobiles and transport towards EVs
– Renewable energy expansion
– Urbanization and infrastructure development

 What segments are covered in the report?
The wire and cable market is segmented by voltage type, installation type, material type and end use. The voltage types are low, medium-high, and extra-high. The installation types are overhead and underground. Material types include insulation material and conductor material, with insulation material subsegmented into PVC, XLPE, PE and others, and conductor material subsegmented into copper, aluminum and others. End-use industries include power transmission, infrastructure, telecommunications, transportation, consumer electronics and oil & gas.

Which end-use segment will dominate the market by the end of 2029?
The power transmission segment will be the dominant segment at that time.

Which region has the largest market share?
Asia-Pacific holds the largest share of the market, due to its growing demand for electricity and the rise in investment in infrastructure. The growing government focus on renewable energy resources and EVs further drive the Asia-Pacific market.

Leading companies include:

AMPHENOL CORP.BELDEN INC.BRITISH CABLES CO.FUJIKURA LTD.FURUKAWA ELECTRIC CO. LTD.KEI INDUSTRIES LTD.LS CABLE & SYSTEM LTD.NEXANSNKT A/SPRYSMIANSHENGHUA CABLESOUTHWIRE CO. LLC.SUMITOMO ELECTRIC INDUSTRIES LTD.TFKABLEWASKONIG+WALTER KABEL-WERK GMBH U. CO. KG

Related report:

Global Electric Vehicle Insulation Market: These insulation materials help protect EV components, such as batteries and motors, from heat, cold, and electrical interference. As more people buy EVs worldwide, the need for better insulation increases to improve vehicle safety, efficiency, and performance. This market includes various types of insulation products.

Purchase a copy of the report directly from BCC Research.

For further information or to purchase a report, please contact info@bccresearch.com.

About BCC Research
BCC Research reports provide objective, unbiased measurement and assessment of market opportunities. Our experienced industry analysts’ goal is to help readers make informed business decisions, free of noise and hype.

Contact Us
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Boston, MA 02109
U.S.A.
Email: info@bccresearch.com
Phone: +1 781-489-7301

For media inquiries, email press@bccresearch.com or visit our media page for access to our market research library.

Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher.

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CasinoPartiesLLC.com Expands Premier Casino Party Rentals in Manhattan, NY — Authentic Tables, Professional Dealers, Custom Packages for Corporate & Private Events

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Top-rated Manhattan casino party rental company offers fully staffed blackjack, roulette and craps experiences to elevate corporate events, weddings and private parties across New York City

MANHATTAN, N.Y., May 2, 2026 /PRNewswire-PRWeb/ — CasinoPartiesLLC.com, a leading provider of casino party rentals in Manhattan, NY, today announced expanded availability and new customizable event packages for corporate events, private parties, fundraisers and weddings throughout New York City. With authentic casino tables, professional and entertaining dealers, premium play-money chips and signage, CasinoPartiesLLC.com delivers a turnkey casino entertainment experience that brings the excitement of Las Vegas to Manhattan venues.

“CasinoPartiesLLC.com delivers authentic casino table rentals and professional dealers throughout Manhattan, NY — offering turnkey, customizable packages that transform corporate events, weddings and fundraisers into high‑energy, engaging experiences across Midtown, Chelsea and the Upper East Side.”

Focused on delivering safe, legal and memorable experiences, CasinoPartiesLLC.com offers:

Casino table rentals: blackjack, roulette, craps, poker tables sized for intimate and large gatheringsProfessional dealers and croupiers trained in guest interaction and game managementFully customizable packages: themed décor, tournament-style play, prize support, and multi-table setupsPortable, all-inclusive service: setup, teardown, on-site management, and event coordinationService across Manhattan neighborhoods and greater NYC, including Midtown, Upper East Side, Chelsea, and downtown venues

“Our Manhattan clients want authentic casino entertainment without the hassle of sourcing equipment or personnel,” said Ismael Qureshi, CEO of CasinoPartiesLLC.com. “We specialize in seamless casino party rentals in Manhattan, NY, providing professional dealers and tailored packages that fit corporate budgets and private event needs while complying with local regulations.”

Benefits for Manhattan event planners and hosts:

Boost guest engagement with interactive casino entertainmentEasy logistics with single-vendor solutions for gaming, staffing and prize handlingScalable options for small private parties to large corporate galasProven experience executing events in Manhattan hotels, event spaces and private residences

Booking and availability:

CasinoPartiesLLC.com is currently accepting bookings for summer and fall events across Manhattan and greater New York City. Early reservations are recommended to secure preferred dates, table counts and themed packages.

About CasinoPartiesLLC.com:

CasinoPartiesLLC.com is a premier provider of casino party rentals in Manhattan, NY and the New York City area. Specializing in staffed casino tables, custom event packages and professional service, CasinoPartiesLLC.com helps event planners and hosts create high-energy, memorable experiences for corporate functions, weddings, fundraisers and private celebrations. For more information or to request a quote, visit https://www.CasinoPartiesLLC.com.

Media contact:

Ismael Qureshi

President

CasinoPartiesLLC.com

Phone: (917) 829-8481

Email: Sales@casinopartiesLLC.com

Website: https://www.CasinoPartiesLLC.com

Media Contact

Ismael Qureshi, ISH Events LLC, 1 (917) 829-8481, Ismael@CasinoPartiesLLC.com, CasinoPartiesLLC.com

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PS Hogan highlights investments from Spring Economic Update 2026: Canada Strong for All to support Canada’s sport system

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CALGARY, AB, May 2, 2026 /CNW/ – In Budget 2025, we outlined our plan to build Canada Strong. Since then, we have moved fast to build the major infrastructure, homes and industries that grow Canada’s economy and create lasting prosperity; empower Canadians with better careers and a more affordable life; and protect our communities, our borders and our way of life.

We delivered concrete savings for Canadians while supporting key national priorities and keeping investments focused on results. We are maintaining a strong fiscal position, with the Spring Economic Update 2026 showing that projected deficits are lower over the fiscal horizon and that we are on track to meet our fiscal anchors.

The Spring Economic Update 2026 is the next step in our plan to build Canada Strong for All. It provides a clear update on the strength of Canada’s economy, giving Canadians confidence in our plan. It delivers targeted relief to make life more affordable, support workers and accelerate the construction of homes and major infrastructure. It also strengthens Canada’s competitiveness and economic growth while investing in strong, safe communities across the country.

Today, Corey Hogan, Parliamentary Secretary to the Minister of Energy and Natural Resources and Member of Parliament for Calgary Confederation, met with athletes at Foothills Athletic Park to highlight key investments in sport from the Spring Economic Update to build stronger and safer communities.

The Government of Canada is investing $755 million to support and expand Canada’s sport system, which will help athletes safely train and perform at the highest levels. This will increase sport participation across the country by strengthening national sport organizations, infrastructure and local sport communities.

Canada’s new government is transforming our economy from reliance to resilience. The Spring Economic Update 2026 ensures all Canadians can participate in building Canada strong and share in its success. Other key measures include:

The Canada Strong Fund — Canada’s first national sovereign wealth fund. This will invest in key, strategic Canadian projects and companies. While Canadians will benefit from these nation building projects through jobs, economic growth and greater security, the government is determined to ensure that Canadians also have a stake in the projects themselves. That’s why a unique and important feature of the Canada Strong Fund will be its new retail investment product. This allows Canadians to receive financial returns as we build Canada strong together.Team Canada Strong — a new nationwide effort to recruit, train and hire 80,000 to 100,000 new skilled trade workers by 2030–31. This initiative creates new opportunities for Canadians and attracts the workers needed to build more homes and major projects at speed and at scale.Building Stronger Communities — by making communities safer, more connected and more resilient. We are building more homes, getting tougher on crime and fraud and funding essential infrastructure, including small craft harbours that sustain coastal communities and local jobs. We are also investing to build healthier, safer and stronger Indigenous communities.

Our new government is building a Canada that is not just strong, but good; not just prosperous, but fair. A Canada that is not just for some, most of the time, but for all, at all times. We’re building Canada strong, for all.

Quote

“The Spring Economic Update 2026 builds on the momentum of our budget, combining strategic investments with sustained fiscal discipline to keep building Canada Strong for All — delivering prosperity today and strengthening our economy for tomorrow. At this pivotal moment in Canada’s history, we’re charting a course through the fog of uncertainty and global headwinds with strength, determination and ambition — and building one strong Canadian economy, by Canadians, for Canadians.”
— The Honourable François-Philippe Champagne, Minister of Finance and National Revenue 

“The Government of Canada is building Canada Strong by investing in what brings us together — our people, our communities and our athletes. By strengthening the foundation of Calgary and  Canada’s sport system, we are building a resilient economy and strong communities for all.”
— Corey Hogan, Parliamentary Secretary to the Minister of Energy and Natural Resources and Member of Parliament for Calgary Confederation

Quick Facts

The Spring Economic Update 2026 proposes to provide $755 million over five years, starting in 2026–27, and $118 million ongoing to Canadian Heritage to support Canada’s sport system to: Host and compete with the best: $50 million over five years to bring more world-class sporting events to Canada. Funding will be tied to legacy-building projects that deliver lasting benefits well beyond the events themselves. Facilities built or upgraded for major events will continue to serve communities, support grassroots participation and strengthen local sport systems for years to come. Support our athletes in performing at the highest levels: $45 million over five years and $8 million ongoing to help our athletes train, compete and perform, including support for better mental health and funding that will be linked to robust safe sport measures and frameworks. These actions will strengthen the sport system and respond to some of the findings of the Final Report of the Future of Sport in Canada Commission while the government continues to consider all of its Calls to Action. Get more Canadians involved in sport: $660 million over five years and $110 million ongoing for National Sport Organisations, increasing funding that has remained largely unchanged since 2005, so that they can invest in a strong and safe sport system and grow participation among children and youth nationwide.

Related products

Spring Economic Update 2026: Canada Strong for AllSpring Economic Update 2026: Key MeasuresSpring Economic Update 2026: Address by the Minister of Finance and National Revenue  

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SOURCE Natural Resources Canada

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POVADDO AND PROLEGIS ANNOUNCE STRATEGIC PARTNERSHIP TO EXPAND ACCESS TO PUBLIC POLICY PROFESSIONALS FOR OPINION RESEARCH

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Partnership connects policy professionals using Prolegis’ modernized Congressional platform with Povaddo’s exclusive paid research panel, combining forces to serve the policymaking community

ST. LOUIS and WASHINGTON, May 2, 2026 /PRNewswire/ — Povaddo, a leading provider of public opinion and policy elite research, has announced a strategic partnership with Prolegis, a nonpartisan technology platform serving thousands of policy professionals in Congress and the advocacy community. The partnership will expand the reach of the Povaddo Panel—an exclusive network of nearly 5,000 public policy professionals worldwide—while providing Prolegis users new opportunities to contribute their expertise to policy research.

Prolegis provides nonpartisan technology solutions designed to modernize Congress. Built specifically for the policymaking community, the platform serves as a natural intersection where policy professionals and issue advocacy campaigns meet, making it an ideal environment for connecting researchers with the experts shaping public policy.

Beginning this month, users of the Prolegis platform will be invited to join the Povaddo Panel and become eligible to participate in research studies tailored specifically for public policy professionals.

“There is no shortage of so-called ‘expert network’ firms, but Povaddo is setting the standard when it comes to building the most rigorous and credible network of public policy professionals in the U.S. and beyond,” said William Stewart, President of Povaddo. “What makes Prolegis the right partner is the quality and relevance of their community—these are precisely the professionals our clients most want to hear from. Prolegis users are actively engaged in policy work daily, making them ideal participants for our research studies. This partnership will meaningfully accelerate our efforts.”

“Prolegis exists to serve the policy community with tools that make their work more effective,” said Jim Gianiny, CEO of Prolegis. “Partnering with Povaddo allows our users to contribute their expertise in a new way and take part in rigorous research that helps organizations better understand the policy landscape. It’s a natural extension of what our platform already does: connecting policy professionals with the resources and opportunities that matter to their work.”

Launched in 2018, the Povaddo Panel was built to meet growing demand for research insights from individuals who shape, influence, and analyze public policy as part of their daily work. Over the past eight years, the panel has grown to nearly 5,000 public policy professionals worldwide, including over 2,000 in the United States. Many panelists are former elected officials, including former Members of Congress.

This partnership is part of a broader period of momentum for Povaddo. The company recently announced it is launching a quarterly omnibus survey among public policy professionals in the United States and Europe.

“Companies and other organizations that want to understand what public policy professionals think—whether about their brand or an issue they are facing—now have a new way of doing that. Our new omnibus survey among public policy professionals fills an important need in the research services marketplace,” said Brooke Hayes, Executive Vice President of Povaddo, who oversees the Povaddo Panel and the firm’s new omnibus research service among public policy professionals.

Additionally, Povaddo recently released select findings from its survey of public policy professionals in the U.S. and Europe regarding their attitudes towards AI. In an era when political consensus is elusive, this study finds widespread agreement within policy communities on both sides of the Atlantic that government regulation of AI should be increased.

About Povaddo: Povaddo specializes in public opinion and policy elite research. Founded in 2009, Povaddo is recognized as a trusted advisor to top-tier organizations seeking to navigate complex issues management, strategic communications, corporate reputation, and business transformation challenges. Most of the firm’s clients sit within external affairs, corporate affairs, public affairs, government affairs, regulatory affairs, scientific affairs, corporate communications, business planning and strategy. For more information, please visit www.povaddo.com.

About Prolegis: Prolegis provides nonpartisan technology solutions designed to modernize Congress. Built specifically for the policymaking community, Prolegis delivers innovative solutions, efficient tools, and engaging content, all on one easy-to-use platform. The platform serves Congressional staff, think tank scholars, and public affairs professionals, creating a unique intersection where policy expertise and advocacy meet. For more information, please visit www.prolegis.com.

Media Inquiries: William Stewart, +1 (855) 768-2336, stewart@povaddo.com

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SOURCE POVADDO LLC

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