Turkey’s Wire and Cable Market Outlook Report
10,019€
- TRY: 365,000 ₺
In terms of applications, wires and cables can be categorized as electrical, telecom, and winding wire. Electrical wires and cables include all electrical conductors in the power industry (both HV and LV), automotive, construction, equipment and machinery, or in other words, all industrial applications. Telecom wires and cables include twisted pairs, high-frequency cables, coaxial cables, optical fiber, and a combination of copper and optical fiber. Winding wire has a thin coating and is mostly used in coil windings.
Product Description
With a GDP of $761 billion in 2019, Turkey was the second largest economy in the region that year, behind Saudi Arabia. The country joined the Economic Cooperation Organization in 1961 and also became a member of G20 in 1991. However, Turkey is still a developing country, according to the UN in 2019. Large parts of the country are located on the West Asia copper belt. The country has the second largest copper reserves in the Middle East, behind Iran, but it is not ranked highly on a global scale. As a result, the country’s copper industry is mostly focused on downstream sectors; developments in the downstream sectors down to wires and cables have turned the country into one of the largest exporters of copper products in the region.
Market drivers of Turkey’s wires and cables
The increasing urbanization and the growing population will drive demand for power wires and cables as well as winding wire as power demand increases. Turbines and generators, some major consumers of winding wire, are key determiners of winding wire demand. Moreover, it goes without saying that transmission, distribution, and subtransmission networks are major consumers of power wires and cables.
The country’s plans for increasing the share of renewables in the supply of energy can double the growth rate of demand for power wires and cables as well as winding wire. This is because renewable power plants generally use smaller generators compared to fossil fuels, creating stronger demand for winding wire.
Wireless technologies have rapidly grown around the world; they have also had a good penetration rate in Turkey. Public telephones have mostly been replaced by wireless telecom equipment such as mobile phones. Internet networks have also expanded considerably and part of the country’s internet infrastructure relies on wireless technologies. As the costs related to building and setting up wireless technologies have decreased, the growth potential for these technologies in telecom systems and networks is expected to be strong. However, there are restrictions, such as the lower speed of wireless networks relative to traditional wired ones as well as the sanctions.
The growing urban population and the increasing demand for housing in Turkey will translate into developments in the construction sector, boosting demand for power and telecom wires and cables. It should be noted that construction is one of the major consumers of both power and telecom wires and cables.
Turkey is the fifth largest consumer of electricity in Europe. Given the growth potential for industrial activities in the country, demand for electricity is expected to grow over the coming years; this can drive developments in power generation capacities, boosting demand for power wires and cables.
Overview of Turkey’s wire and cable market
Turkey is a developing country with considerable growth rates over the past two decades; this is expected to continue over the coming years, albeit more slowly. Wires and cables are one of the requirements of economic growth and industrial development. On this account, the country has created significant capacities to meet domestic demand for wires and cables. As a result, the production of wires and cables (including power, telecom, and winding wire) has increased. Due to the wide applications of LV wires and cables, producers are more focused on this type. Regarding telecom wires and cables, the increasing consumption of optical fiber cables has fueled a faster growth for these cables relative to other types. Moreover, the production of winding wire has increased by 30% over the past decade. The country has been a net exporter over the past years, and that is not expected to change in the future. However, net exports of power wires and cables will grow more slowly, while telecom wires and cables will have a faster growth rate in net exports. However, net exports of winding wire are expected to decline. But since producers of power wires and cables hold the largest share of Turkey’s wire and cable market, the supply surplus of wires and cables is expected to increase, pushing net exports higher.
Breakdown of Turkey’s wire and cable market
Turkey’s wire and cable market is broken down using three factors. In the first breakdown, wires and cables are analyzed in terms of product type: electrical wires and cables, telecom wires and cables, and winding wire. Wires and cables are also categorized based on composition and material type, including copper, aluminum, and optical fiber; telecom wires and cables are the only applications of optical fiber wires and cables. Finally, a distinction is made based on end users, including construction, infrastructure, transportation, and durable goods.
Key players in Turkey’s wire and cable market
- Atom Kablo Sanayi ve Ticaret A.Ş.
- Kablotel Sanayi ve Ticaret Ltd. Şti.
- Çağatay Kablo
- Hasçelik Kablo
- Demes Kablo
- ETK Kablo
- LAPP KABLO
- TEMKA KABLO LTD. STI.
- Hastel Kablo San ve Tic Ltd Şti
- EMEK Kablo
- Riselink Communication Cable Co Ltd
- BEMKA Emaye Bobin Teli ve Kablo Sanayii A.S.
- SunkaElectric
Additional Information
Industry | Wire and cable |
---|---|
Region | Turkey |
Report Type | Industry Report |
Specifications
Report Attribute | Details |
The base year for estimation | 2019 |
Historical data | 2009-2018 |
Forecast period | 2020-2025 |
Quantitative units | Value in USD and Volume in Tonne |
Report coverage | Market Overview, Dynamics, Market Outlook, Risks to Forecast, Consumer Market, Industry Overview, Market Landscape, Competitive Landscape, Market Attractiveness, External Macro Environment Analysis |
Segments covered | Composition, Type, Application |
Pricing and purchase options | Please explore our purchase options to meet your exact research needs. |
Reasons to Buy
- Recognize the geographical distribution of import demand
- Identify the current and future key players of the trading market
- Achieve a better insight on potential target markets
- Understand the behavior of major suppliers/customers either globally or regionally
- Identify competitors as a feed for market analysis
Table of Content
- Executive summary
- Introduction
- Objective
- Market under study
- Product
- Product specifications
- Consumption structure
- Applications
- Physical properties
- Subjects discussed
- Geographical scope under study
- Study timeframe
- Study currency
- Potential audience
- Market dynamics
- Market drivers
- Restraints
- Opportunities
- Challenges
- Market overview
- Market size
- Industry capacities
- Existing capacities
- Capacity distribution
- Geographical distribution of capacities
- Future capacities
- Existing capacities
- Output
- Output trends
- Operating rates
- Consumption
- Consumption trend
- Consumption Share of domestic product
- Trade
- Exports
- Imports
- Trade balance
- Market balance
- Market breakdown by product type
- Market breakdown by product type
- Market breakdown by application
- Inventory
- Producers inventory
- Consumers inventory
- Traders inventory
- Market outlook
- Market factors
- Raw materials
- Costs and prices
- Competition
- The government
- Other factors
- Future scenarios
- Risks to forecast
- Market factors
- Consumer markets
- End-user markets
- Building construction
- Infrastructure construction
- Transportation manufacturing
- Industrial equipment manufacturing
- Durable goods manufacturing
- Consumable goods manufacturing
- Direct consumer markets
- Major Direct consumers
- Existing capacities
- Drivers
- Major Direct consumers
- End-user markets
- Export potentials
- Destinations
- Trade and insurance costs
- Import market suppliers
- Producers potential share
- Destinations
- Industry overview
- Raw materials
- The supply volume of raw materials
- Supply channels of raw materials
- Raw materials procurement costs
- Cost structure of producers
- Production cost curve
- Industry value added
- Generated new scrap
- Technology
- Raw materials
- Market landscape
- Domestic sales markets
- Pricing in the domestic market
- Potential domestic demand
- Trade agreements for imports
- Foreign suppliers
- Foreign sales market
- Prices
- Potential markets overview
- Trade agreements for exports
- Foreign customers
- Domestic sales markets
- Competitive landscape
- Producers
- Company profile
- Revenue structure
- Gross profit margins
- Capacity, output and sales
- Consumers
- Company profile
- Revenue structure
- Gross profit margins
- Capacity, output and sales
- Producers
- Market attractiveness
- Industry rivalry
- Threat of new entrants
- Threat of substitutes
- Bargaining power of buyers
- Bargaining power of suppliers
- Conclusion of Porter analysis
- PESTEL analysis
- Political factors
- Economic factors
- Social factors
- Technology factors
- Environmental factors
- Legal factors
- SWOT analysis
- Large-scale companies with favorable conditions
- Short-term strategies
- Long-term strategies
- Large-scale companies with unfavorable conditions
- Short-term strategies
- Long-term strategies
- Small enterprises with favorable conditions
- Short-term strategies
- Long-term strategies
- Small enterprises with unfavorable conditions
- Short-term strategies
- Long-term strategies
- Large-scale companies with favorable conditions
List of Figures
- Output and consumption; 2010-2019
- Market share of product applications; 2019
- Market surplus; 2019-2025
- Production process flowchart
- Market size; 2010-2025
- Existing capacity; 2010-2019
- Capacity distribution; 2019
- Geographic distribution of capacities; 2019
- Development of future capacity; 2010-2025
- Amount of output; 2010-2025
- Operating rates of production plants; 2010-2025
- Amount of consumption; 2010-2025
- Consumption share of domestic product; 2010-2025
- Exports of product; 2010-2019
- Imports of product; 2010-2019
- Historical trade balance; 2010-2019
- Future Market balance; 2021-2025
- Market output breakdown by alloy type; 2010-2025
- Market consumption breakdown by alloy type; 2010-2025
- Market balance breakdown by alloy type; 2010-2025
- Market output breakdown by product type; 2010-2025
- Market consumption breakdown by product type; 2010-2025
- Market balance breakdown by product type; 2010-2025
- Market consumption breakdown by application; 2010-2025
- Inventories of raw materials and products at producers factories; 2010-2019
- Consumers’ inventory of product; 2010-2019
- Traders’ inventory; 2010-2019
- Production forecast, according to raw materials and sales analysis; 2019-2025
- Market surplus; 2019-2025
- The share of end-user industries in the consumption; 2010 and 2019
- Changes in the end-consumption of extrusion products; 2019 vs 2025
- Applications in building construction industry; 2019
- Applications in infrastructure construction industry; 2019
- Applications in transportation manufacturing industry; 2019
- Applications in industrial equipment manufacturing industry; 2019
- Applications in durable goods manufacturing industry; 2019
- Applications in consumable goods manufacturing industry; 2019
- Capacity distribution structure of direct consumers; 2019
- Existing capacities of direct consumers in each province; 2019
- Suppliers of the export potential destination; 2019
- Historical exports to the export potential destination and future potential; 2016-2025
- Up-stream domestic supply; 2010-2019
- Raw materials domestic supply; 2010-2019
- Supply channels of producer plants
- Spot price of raw material in the market; 2010-2025
- Cash cost structure for production the product; 2019
- Production cost curve of the plants; 2019
- Gross value added of the industry; 2010-2019
- Generated new scrap; 2010-2019
- Sales channels
- Realized price of the product in the market; 2010-2025
- Potential demand of each province; 2019
- The main foreign suppliers to the market; 2010-2019
- FOB price vs domestic market; 2010-2025
- Map of global major importers > 20,000t; 2019
- Major foreign customers; 2010-2019
- Revenue structure of the producers; FY2019
- Sales income and gross profit margin of the producers; FY2010-2019
- Output and sales of the producers; FY2010-2019
- Revenue structure of the consumers; FY2019
- Sales income and gross profit margin of the consumers; FY2010-2019
- Output and sales of the consumers; FY2010-2019
- SWOT matrix for large-scale companies with favorable conditions
- Strategies positioning for large-scale companies with favorable conditions
- SWOT matrix for large-scale companies with unfavorable conditions
- Strategies positioning for large-scale companies with unfavorable conditions
- SWOT matrix for small enterprises with favorable conditions
- Strategies positioning for small enterprises with favorable conditions
- SWOT matrix for small enterprises with unfavorable conditions
- Strategies positioning for small enterprises with unfavorable conditions