Turkey Wire and Cable Market Size & Share Analysis - Growth Trends and Forecast (2026 - 2031)

Turkey Wire and Cable Market Trends and Insights

Renewable Energy Grid Expansion and Transmission Modernization

Turkey's renewable energy plans are increasing the need for new substations, transmission lines, and underground cable corridors. The World Bank approved USD 748 million in August 2025 for the Transforming Power Transmission System Project, which supports the integration of 1.7 GW of renewable energy.^{[1]World Bank, “World Bank and Clean Technology Fund Support Türkiye's Renewable Energy Goals With Power Transmission Project,” World Bank, worldbank.org} The electricity distribution sector planned TRY 777 billion (USD 19 billion) of network renewal investment for the 2026-2030 tariff period. These projects require cables that meet higher voltage, insulation, and testing requirements than standard building wiring. The resulting procurement favors suppliers that can provide XLPE-insulated products, documented compliance, and installation support. This requirement is strengthening the premium end of the Turkey wire and cable market as grid work proceeds. It also makes proven factory testing, conductor quality, and delivery records more important during supplier selection, because a failure in a transmission corridor can delay a much larger grid program.

Post-Earthquake Urban Transformation and Building Rewiring

Reconstruction in the earthquake-affected provinces is supporting demand for low-voltage building wiring and medium-voltage distribution equipment. The Islamic Development Bank and Turkey signed a EUR 200 million (USD 235 million) financing package in July 2025 for sustainable municipal infrastructure.^{[2]Islamic Development Bank, “Islamic Development Bank and Türkiye Sign EUR 200 Million Financing Agreements to Strengthen Sustainable Municipal Infrastructure,” Islamic Development Bank, isdb.org} The package allocated EUR 150 million (USD 176.3 million) to water, wastewater, and stormwater reconstruction and EUR 50 million (USD 58.75 million) to urban transport improvements. Rebuilt homes need wiring that meets current TS EN requirements, while reconstructed districts require feeders, transformers, and municipal connections. This work continues after the initial structural phase because network renewal and final building fit-out follow different schedules. Municipal systems, neighborhood feeders, and completed homes do not require the same cable mix, thereby spreading purchasing across several construction stages. It provides a multi-year source of demand for the Turkey wire and cable market in southeastern provinces.

Fiber Backhaul, Data Center, and 5G Infrastructure Investment

The national 5G rollout is increasing the need for fiber backhaul, power distribution, and structured cabling. Turkey's 5G spectrum auction in October 2025 raised USD 2.95 billion, exceeding the USD 2.125 billion government floor. The rollout that began on April 1, 2026, drove TRY 263 billion (USD 5.6 billion) of telecom infrastructure investment in the first quarter of 2026. Turkey's fiber-optic cable length increased from 618,000 km to 697,000 km during the year. Turkcell and Google Cloud committed USD 3 billion to a hyperscale regional data center in Ankara, with construction expected to start in 2026. These facilities need fiber links as well as LSZH copper power cables, which broadens the opportunity for suppliers serving the Turkey wire and cable market. Their concentration in large urban technology corridors also gives cable producers identifiable locations for sales and technical support.

Export-Led Production and Nearshoring Demand From Europe and Adjacent Markets

Export demand is helping cable producers balance domestic working-capital pressure. Türk Prysmian Kablo reported that sector exports grew 16% in 2025 to USD 3.9 billion. Turkey's electrical and electronics sector recorded USD 9.1 billion of exports in the first half of 2026. Manufacturers in Cerkezkoy, Mudanya, Denizli, and Corlu already serve international customers through IEC and EN certification. Producers that sustain export volumes while building recognized brands can partly offset cost pressure in domestic contracts. Turkey's location and customs union links make shorter supply chains attractive to European buyers. This supports manufacturing investment ahead of some domestic demand categories in the Turkish wire and cable market. Export capability also rewards producers who maintain consistent documentation, quality controls, and lead times for customers in several jurisdictions.

Copper, Aluminum, and Polymer Cost Volatility

Copper remained the primary conductor in 58.22% of Turkey's cable output in 2025, leaving producers highly exposed to fluctuations in material prices. LME 3-month copper prices ranged from USD 8,105 to USD 12,960 per metric ton in 2025 and increased 42.30% over the year. Mine disruptions and strategic stockpiling contributed to this volatility. Firms without wire-rod integration or USD-denominated export revenue face more immediate margin pressure when input costs rise. HFFR and XLPE compound costs also rose as petrochemical feedstocks followed oil-price movements. Framework contracts increasingly include material-cost escalation clauses, shifting part of the risk from manufacturers to project owners.

High Inflation, Currency Depreciation, and Working-Capital Pressure

High financing costs continue to constrain producers that must fund copper and polymer inventories before receiving payment. Turkey's annual consumer price inflation declined from 75.45% in May 2024 to 30.9% in December 2025. The policy rate stood at 37% in mid-2026 after a 100-basis-point cut, keeping borrowing expensive for capital-intensive plants. Turkey's manufacturing capacity utilization averaged 74.5% in 2025, indicating that installed capacity was not fully utilized despite project activity. Manufacturers with imported copper exposure faced higher local-currency input costs following a 11.35% depreciation of the U.S. dollar in 2025. Firms with export revenue received a partial offset, while easing credit conditions later in 2026 could support residential and commercial demand.

*Our forecasts treat driver/restraint impacts as directional, not additive. The impact forecasts reflect baseline growth, mix effects, and variable interactions.

Segment Analysis

By Voltage: High-Voltage Projects Support Premium Demand

Low-voltage cables below 1 kV held 47.36% of the wire and cable segment share in 2025. Residential wiring, commercial construction, industrial installations, and general electrical work supported this broad base of demand. The segment remains the largest by volume and active project count. Many smaller domestic suppliers compete on price in this part of the Turkey wire and cable market. Medium-voltage cables from 1 to 35 kV serve industrial facilities, distribution substations, and interconnections for renewable power plants. Solar and wind project commissioning, together with rewiring in southeastern provinces, supports this category.

Extra- and high-voltage cable above 35 kV is projected to grow at a 5.58% CAGR from 2026 to 2031. Turkey plans 15,000 km of HVDC lines with a combined capacity of 40 GW, linking renewable generation areas with demand centers. These projects need long-run underground cables with XLPE insulation and high performance at 154 kV and above. The USD 748 million World Bank project supports substations and underground transmission corridors. Turk Prysmian's Mudanya facility is among the local sites capable of meeting IEC 60840 requirements. Suppliers able to deliver EPC work at this tier have a clearer position than firms concentrated in price-led low-voltage supply.

By Cable Type: Fiber-Optic Demand Rises With Digital Infrastructure

Power cable accounted for 69.32% of the wire and cable segment value in 2025. Grid expansion, distribution renewal, and post-earthquake utilities reconstruction underpin this lead. Signal and control cable is used in process automation, rail signaling, and EV charging monitoring. Coaxial and data cables continue to serve broadband and CCTV applications. Manufacturers have aligned many power-cable portfolios with the EU Construction Products Regulation and IEC 60332 fire-performance standards. This approach supports export access and strengthens eligibility for public tenders that specify fire-reaction classes.

Fiber-optic cable is expected to expand at a 5.94% CAGR from 2026 to 2031, the highest rate among cable types. Fiber length rose from 618,000 km to 697,000 km in 1 year as 5G infrastructure expanded. The Ankara hyperscale data center will add demand for fiber interconnects and supporting power systems. Fiber routes also require power and LSZH copper cables for active equipment. This connection means that digital investment can support multiple cable categories simultaneously. It gives the Turkish wire and cable market a demand source beyond conventional power construction. Cable suppliers, therefore, need product ranges that connect digital infrastructure requirements with power reliability, fire safety, and installation needs within dense equipment rooms.

By Conductor Material: Optical Glass and Polymer Advance With Fiber Networks

Copper held 58.22% of the wire and cable segment share in 2025. Its conductivity keeps it central to power and control cable applications across voltage levels. Aluminum ranked second and is favored for overhead transmission and low-voltage aerial bundled cable in rural distribution. Larger aluminum cross-sections can reduce the effect of lower conductivity where weight and cost allow. Öznur Cable targets 70,000 metric tons of annual copper wire-rod output from its integrated Çerkezköy complex. This local capacity supports the supply chain behind copper's continued role.

Optical glass/polymer is projected to grow at a 6.08% CAGR from 2026 to 2031. Expansion of fiber networks and data centers directly supports this material category. Copper's 42.30% price increase in 2025 is also encouraging the evaluation of aluminum substitution in selected low-voltage power cables. In residential work, larger aluminum conductors can compensate for lower conductivity in suitable applications. Cost discipline in mass-housing contracts is bringing this option into procurement discussions. Copper will remain important, but material choice is becoming more sensitive to project economics. Integrated producers have greater flexibility when customers request alternatives, whereas firms that buy material externally must manage price changes and specification limits simultaneously.

By Installation: Underground Cable Holds Both Scale and Growth

Underground cable accounted for 50.76% of the wire and cable segment value in 2025. It is also expected to grow at a 5.12% CAGR from 2026 to 2031. Urban infrastructure renewal and renewable-grid development explain this combination of scale and growth. Underground routes are important in dense areas and in high-voltage transmission projects. In January 2026, Türk Prysmian Kablo secured a TRY 934.3 million (USD 26.7 million) contract for the HKABY.16 İzmir project.^{[3]Türk Prysmian Kablo, “TRY 934 Million Energy Infrastructure Project From Türk Prysmian Kablo,” Türk Prysmian Kablo, tr.prysmian.com} The project covers 31,500 m of 154 kV XLPE-insulated underground cable.

Overhead cable remains a cost-effective option for rural distribution and inter-substation connections in less dense eastern regions. Submarine cable is a smaller but strategically important category. The Bosphorus, the Dardanelles, and planned offshore wind projects in the Sea of Marmara create project-specific demand. These projects often require specialized imports or partnerships with global submarine cable suppliers. The Asian Infrastructure Investment Bank committed up to USD 1.5 billion for the Istanbul North Rail Crossing project. The electrified crossing can support demand for underground and marine-type cable systems. Each installation method serves a different physical setting, so suppliers must match cable design, jointing capabilities, and field support to the conditions of each project.

By End-User Vertical: Power Infrastructure Leads Demand

Power infrastructure, including utilities and renewables, accounted for 24.68% of the wire and cable segment's value in 2025. It is projected to grow at a 5.76% CAGR from 2026 to 2031. Grid upgrades, renewable connections, and distribution investment create this dual lead. The distribution sector planned to allocate TRY 777 billion (USD 19 billion) for network renewal over 2026-2030. Telecommunications and data centers are the second-fastest-growing vertical. Turkcell's data center operations had reached EUR 585 million (USD 655 million) in cumulative investment by the end of 2025. 

Residential construction remains an important buyer because reconstruction and urban transformation require full rewiring to current TS EN standards. Commercial buildings, including offices, hotels, retail sites, and data center campuses, also need power and data cabling. Turkey recorded 240,000 EV sales in 2025, boosting demand for traction cables, charging cables, and high-temperature wire harnesses. Hyundai Motor Turkey is investing EUR 715 million (USD 801 million) in an IONIQ 3 EV facility and battery assembly plant in İzmit. Oil and gas, petrochemicals, and industrial manufacturing continue to see steady demand driven by maintenance and process-plant work. These end users broaden the Turkey wire and cable market beyond public infrastructure contracts. Their requirements vary by operating environment, which supports the demand for specialized cable designs rather than a single standard product across all customer groups.

By Insulation: Fire-Rated Materials Gain Importance

Insulated cable held 89.14% of the wire and cable segment share in 2025. It is expected to expand at a 4.43% CAGR from 2026 to 2031. Insulated products are used across nearly all end-use applications, which explains their dominant position. Non-insulated conductors primarily include bare ACSR and AAAC products for overhead transmission and rural distribution. The broader shift toward underground installation constrains their role. The category remains important for selected grid and rural projects.

Within insulated cables, PVC is being replaced by XLPE at medium and high voltages. XLPE offers stronger thermal performance, lower dielectric losses, and compatibility with larger conductor cross-sections. HFFR cables are gaining use in commercial buildings, hospitals, hotels, and data centers because they produce less smoke and fewer toxic combustion products. Nexans Türkiye adopted CPR Cca-class cable as its portfolio baseline in February 2026, replacing the earlier Eca class. The change was developed through the company's Denizli and Tuzla research and development centers. It reflects a higher fire-safety specification threshold in the Turkey wire and cable market. Suppliers that can document compliant materials and fire performance should be better prepared for applications where safety requirements are a decisive purchasing condition.

Geography Analysis

Western Turkey, centered on the Marmara region, represents the largest concentration of cable production and demand in the Turkish wire and cable market. The region includes facilities operated by Türk Prysmian in Mudanya, Nexans Türkiye in Tuzla, Öznur Cable in Çerkezköy, Vatan Cable in Çorlu, and ETK Kablo in Sancaktepe. Proximity to Istanbul ports, copper inputs, and technical skills support efficient supply chains. Its demand includes residential wiring, industrial and commercial cable, and metropolitan transmission work. Türk Prysmian's January 2026 İzmir contract covered 31,500 m of 154 kV XLPE-insulated underground cable and reflected demand from the Aegean industrial zones. 

Ankara and Central Anatolia are becoming important demand areas for telecommunications and data center cables. The USD 3 billion Turkcell and Google Cloud project in Ankara is expected to purchase LSZH power cable, structured fiber, and signal cable. Eastern Turkey is an energy-generation area where planned HVDC corridors will connect renewable resources to western demand centers. Turkey's National Energy Plan targets 510 TWh of electricity consumption and 189.7 GW of installed capacity by 2035. Transmission procurement along this route is expected to sustain demand for extra- and high-voltage cable through the forecast period.

Southeastern Turkey is a separate demand area because post-earthquake reconstruction requires residential rewiring, utility restoration, municipal network cable, and electrified transport connections. External financing for recovery across 11 provinces reached USD 8.7 billion by 2026. The Black Sea coast is gaining in importance as a supply hub through Borsan Cable's USD 180 million integrated facility in Samsun. The facility is expected to increase the region's production capacity by 150%. Its location supports domestic Black Sea projects and routes toward Central Asia. The European Union, the Middle East, and Central Asia remain important export destinations for Turkey-based producers.