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Source:News / Time:2026-08-04
Global Building Wire Market: Sustainable Materials and High-Voltage Demand Driving Growth
The global building and construction cable market is being shaped by several key trends according to industry analysis and supplier reports :
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Source:News / Time:2026-08-04
Building and Construction Cable Standards Evolve: Safety Compliance Takes Center Stage
While the following standard change originates from the Chinese market, its underlying safety philosophy reflects a global trend: building cables are transitioning from simply "flame-retardant" to "life-safety" products.
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Source:News / Time:2026-08-04
Global Tunnel Construction Cables Market Projected to Reach $585 Million by 2032
According to a comprehensive market study by 360iResearch published in January 2026, the global Tunnel Construction Cables Market is projected to grow steadily from USD 402.90 million in 2025 to USD 585.25 million by 2032, at a CAGR of 5.47% .
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Source:News / Time:2026-08-04
LS Cable & System Selected for 1 GW Haesong Offshore Wind Submarine Cable Project
In May 2026, LS Cable & System and LS Marine Solution were selected as preferred bidders for the submarine cable supply and construction of the Haesong Offshore Wind Power Project in the waters off Sinan, Jeollanam-do, South Korea .
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Source:News / Time:2026-08-04
Taihan Cable Wins 330kV Turnkey Project for Australian AI Data Center
In July 2026, South Korea's second-largest cable company Taihan Cable & Solution secured a 45 billion won (approx. $30 million) turnkey contract from Transgrid, Australia's largest high-voltage transmission network operator, to supply a 330kV high-voltage AC cable system for an AI data center under construction in Australia .
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Source:News / Time:2026-08-04
Prysmian and Rio Tinto Partner on ELYSIS™ Zero-Carbon Aluminum Building Wire
In March 2026, global cable leader Prysmian announced a partnership with mining and aluminum giant Rio Tinto to jointly advance the production of building wire using ELYSIS™-produced aluminum
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Source:News / Time:2026-08-04
Mining Safety Regulations Drive Demand for Heavy-Duty Battery Cables
Regulatory developments in the mining sector are creating significant demand for specialized heavy-duty battery cables. In the U.S., the Mine Safety and Health Administration's (MSHA) final rule on "High-Voltage Continuous Mining Machines" has established requirements for trailing cables used in underground coal mines, effective in 2025.
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Source:News / Time:2026-08-04
EV High-Voltage Cable Market Poised for Rapid Growth, Projected to Exceed $20.5 Billion by 2032
According to Research and Markets' "Electric Vehicle High-Voltage Cable Market Global Forecast 2026-2032" report, this market segment is experiencing rapid growth:
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Source:News / Time:2026-08-04
LS Cable & System Wins Busduct Supply Contract for Hyundai Motor's Battery Campus
In July 2026, South Korean cable leader LS Cable & System was confirmed as the supplier of power infrastructure, including busduct distribution systems, for Hyundai Motor's Future Mobility Battery Anseong Campus (MAAC) currently under construction in Anseong, Gyeonggi Province.
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Source:News / Time:2026-08-04
Hengtong Wins Cable Contract for Stage 3 of Australia's Western Downs Battery Project
Hengtong Cable Australia confirmed in March 2026 that it has secured the cable supply contract for Stage 3 of the Western Downs Battery Energy Storage System (BESS) project in Queensland, Australia, continuing its deep involvement in the country's large-scale BESS development.
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