BRICS Cable Market Size and Forecast by Cable Type, Conductor Material, Insulation Type, Voltage Range, Installation, and Application: 2019-2033

BRICS Cable Market Outlook

Cabling for Emerging Industrial and Smart Energy Hubs

The BRICS cable market is witnessing a transformative shift as Brazil, Russia, India, China, and South Africa prioritize industrial automation, grid modernization, and smart infrastructure underpinned by reliable and intelligent cable ecosystems. The surge in demand for data center cabling, fiber-based connectivity for industrial IoT (IIoT), and the deployment of ESG-compliant power cables across high-growth economies is reshaping the market landscape. According to DataCube Research, the BRICS cable market is expected to reach USD 74.6 billion by 2033, registering a CAGR of 6.5% during the forecast period.

The growth trajectory is supported by a range of ongoing initiatives including the expansion of industrial corridors in India, decarbonization of the power sector in China, renewable integration in Brazil, port electrification in South Africa, and subsea connectivity enhancement in Russia. These market forces have collectively boosted demand for long-life, flame-retardant, and data-optimized cable variants.

Policy-Driven Acceleration Amidst Infrastructure-Heavy Growth

Governments across BRICS are pushing hard on infrastructure upgrades, smart energy policy adoption, and local value addition in cable manufacturing. In India, the Production Linked Incentive (PLI) scheme for telecom and solar components indirectly uplifts local fiber optic and energy cable demand. Similarly, China's "New Infrastructure" plan emphasizes nationwide deployment of smart grids and industrial automation networks, both of which are cable-intensive segments. In Brazil, government-supported offshore wind tenders are anticipated to drive growth in corrosion-resistant power and submarine cables.

Despite geopolitical uncertainties and inflationary pressures, BRICS nations are emphasizing self-reliance and regional manufacturing. The focus on ESG compliance and digital sovereignty is also pushing OEMs to deploy biodegradable cable jackets, RoHS-compliant materials, and low-carbon packaging solutions.

Key Growth Drivers and Restraints in the BRICS Cable Market

Sustained Investment in Energy-Efficient Cable Deployment: Across BRICS, large-scale smart grid and renewable deployment programs are creating demand for highly durable, energy-efficient cables that minimize T&D losses. China's UHV transmission network expansion alone accounts for a significant share of fiber-wrapped conductor cable demand.

Offshore and Industrial Cable Surge: In Russia and Brazil, new offshore oil & gas blocks and port electrification projects are pushing demand for instrumentation cables, armored power cables, and advanced signal cables capable of withstanding saline, high-pressure conditions. Additionally, India and South Africa are seeing a wave of industrial parks deploying multi-layered control cables and sensor-integrated power cables to support IIoT-based automation.

Hindrances from Legacy Infrastructure and Input Costs: One major bottleneck is the reliance on aging copper-based cable infrastructure in parts of India, Brazil, and South Africa. The upgrade costs are high and frequently delayed due to funding gaps and project execution issues. Additionally, fluctuating prices of aluminum and copper continue to affect profit margins and production cycles across BRICS cable producers.

Emerging Trends and Strategic Cable Market Opportunities

PON and Telecom Infrastructure Expansion: Passive Optical Network (PON) investments are gaining traction across BRICS, driven by broadband inclusion and 5G rollout plans. This trend is generating substantial fiber optic cable demand, especially in semi-urban and industrial zones.

Biodegradable and ESG-Certified Cables: Brazil and South Africa are seeing a shift toward biodegradable cable materials to comply with national ESG mandates. Market players are investing in halogen-free flame-retardant cable products to cater to growing green building and solar cabling demand.

Gigafactory-Grade Cabling and Oceanographic Applications: With new battery gigafactories emerging in India and China, the need for ultra-low voltage, thermally shielded cables is on the rise. Likewise, subsea R&D institutions in Russia and South Africa are driving demand for specialized cables used in remote-operated vehicles (ROVs), subsea observatories, and marine data relays.

Regulatory Influence and Regional Cable Certification Push

BRICS countries are strengthening compliance frameworks to align cable safety, fire performance, and energy loss standards with international benchmarks. The Indian Bureau of Standards (BIS), Brazil’s ABNT, and Russia’s GOST are actively revising cable certification standards for use in renewable and industrial environments. The focus is on enhancing certification turnaround time, aligning with digital twin modeling standards, and harmonizing fire safety grading.

South Africa has implemented mandatory labeling for low-smoke, halogen-free cables in critical urban infrastructure, while China’s MIIT continues to push RoHS updates for industrial cables. These evolving mandates are streamlining quality and interoperability across the BRICS cable ecosystem.

Macroeconomic and Infrastructure Indicators Reshaping Market Performance

Safety-Conscious Construction and Cable Quality Expectations: Driven by urban fire outbreaks and legacy failures, cities in Brazil and India are mandating high-grade cabling for vertical housing, metro rails, and tunnels. This shift toward safety-first engineering is increasing demand for LSZH (low smoke zero halogen) and flame-retardant cables.

Construction Spending Index as a Demand Multiplier: According to the IMF and OECD, construction and infrastructure investment in BRICS is forecast to rise steadily through 2033. This capital injection boosts upstream demand for control cables, coaxial cables in smart surveillance, and fiber optic cables in urban digital infrastructure.

Competitive Landscape: Localization, IIoT Integration and Smart Cable Expansion

Prominent players such as Polycab, KEI Industries, Prysmian, Nexans, ZTT, and LS Cable & System are investing in regional production hubs to capture market share in high-growth zones.

One of the most notable developments is the integration of IIoT modules in smart cable systems. In 2024, China and India began commercial deployments of sensor-enabled data and power cables in industrial parks to monitor heat dissipation, voltage fluctuations, and cable fatigue in real-time. This is creating a new segment of data-powered, self-diagnostic cabling systems.

Another competitive edge lies in localized innovation. Russian cable firms are collaborating with Arctic shipping authorities to develop ice-resistant armored cables for port electrification. In contrast, Brazilian OEMs are piloting solar-integrated cabling kits with native insulation technologies for distributed generation setups.

Building Resilient Cable Networks for Future-Ready Infrastructure Across BRICS

As BRICS economies expand their digital and energy infrastructure ambitions, the cable market is emerging as a strategic enabler of connectivity, reliability, and sustainability. The convergence of ESG priorities, IIoT-led automation, and customized industrial applications will continue to shape competitive dynamics and innovation trajectories.

From submarine data cables between Africa and Asia to flame-resistant wiring for gigafactories and smart housing, BRICS cable manufacturers are entering a phase of aggressive scaling and specialization. Stakeholders must align their portfolios with evolving certification standards, energy transition goals, and smart-city architecture to remain resilient.

BRICS Cable Market Segmentation

BRICS Cable Market Country Coverage