Global Communication and Energy Wire and Cable Manufacturing Market Insights, Size, and Forecast By End Use Industry (Telecom Industry, Energy Sector, Construction, Transportation), By Application (Telecommunication, Power Distribution, Data Transmission, Cable Television), By Material Type (Copper, Aluminum, Fiber Optic, Plastic, Rubber), By Product Type (Wires, Cables, Conductors), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), Key Companies, Competitive Analysis, Trends, and Projections for 2026-2035
Key Market Insights
Global Communication and Energy Wire and Cable Manufacturing Market is projected to grow from USD 245.8 Billion in 2025 to USD 410.2 Billion by 2035, reflecting a compound annual growth rate of 6.2% from 2026 through 2035. This market encompasses the design, manufacturing, and distribution of a wide array of wire and cable products essential for transmitting electrical power and communication signals across various applications. Products range from high-voltage power cables and fiber optic communication cables to specialized industrial and automotive wiring. The market is propelled by several key drivers, including the rapid global expansion of renewable energy projects, particularly wind and solar, which necessitates extensive cabling infrastructure for power evacuation and grid integration. Additionally, the ongoing rollout of 5G networks and subsequent generations of communication technologies worldwide fuels demand for advanced fiber optic and high-bandwidth copper cables. Urbanization and industrialization in developing economies further contribute, requiring significant investments in power distribution and telecommunication networks.
Global Communication and Energy Wire and Cable Manufacturing Market Value (USD Billion) Analysis, 2025-2035
2025 - 2035
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Despite robust growth, the market faces certain restraints. Volatility in raw material prices, particularly for copper, aluminum, and polymers, can impact manufacturing costs and profit margins. Geopolitical tensions and trade protectionism can disrupt supply chains and increase import tariffs, affecting market accessibility and competitiveness. Furthermore, the capital-intensive nature of cable manufacturing and the stringent regulatory requirements for product safety and environmental compliance can pose barriers to entry for new players. However, significant opportunities exist within the market. The increasing adoption of smart grid technologies demands sophisticated and resilient cabling solutions, offering a niche for specialized products. The burgeoning electric vehicle (EV) market and associated charging infrastructure create a new and rapidly expanding segment for specialized automotive wiring and charging cables. Moreover, the growing demand for data centers and cloud computing services necessitates advanced cabling solutions for high-speed data transmission and reliable power supply within these facilities.
The Asia Pacific region holds a dominant position in the global market, driven by its massive infrastructure development projects, rapid industrialization, and a large consumer base embracing digital technologies. The region's sustained economic growth and government initiatives to expand renewable energy capacity and digital connectivity are key contributors. Furthermore, Asia Pacific is projected to be the fastest-growing region, fueled by continued investments in smart cities, high-speed rail networks, and the relentless expansion of its telecommunications infrastructure. The Power Distribution segment stands as the leading application area, underscoring the fundamental need for reliable electricity supply across residential, commercial, and industrial sectors globally. Key players such as TE Connectivity, belden, Amphenol, Prysmian Group, Sumitomo Electric Industries, Cablevision, LS Cable & System, Southwire, Hengtong Group, and Kabel BW are strategically focusing on research and development to introduce innovative products with enhanced efficiency and durability. Their strategies often involve expanding manufacturing capacities, forming strategic partnerships, and acquiring smaller specialized companies to broaden their product portfolios and geographical reach, particularly in high-growth emerging markets.
Quick Stats
Market Size (2025):
USD 245.8 BillionProjected Market Size (2035):
USD 410.2 BillionLeading Segment:
Power Distribution (42.5% Share)Dominant Region (2025):
Asia Pacific (45.2% Share)CAGR (2026-2035):
6.2%
Global Communication and Energy Wire and Cable Manufacturing Market Emerging Trends and Insights
The Rise of Smart Grid Cabling for Renewable Integration
The increasing adoption of renewable energy sources such as solar and wind power necessitates robust and intelligent grid infrastructure. This trend is driving significant growth in smart grid cabling solutions. Traditional grid cabling lacks the advanced capabilities required for integrating intermittent renewable generation effectively. Smart grid cables, however, feature embedded sensors and communication capabilities that enable real time monitoring, fault detection, and optimized power flow management. This allows for more efficient distribution of renewable energy, reduces transmission losses, and enhances grid stability and reliability. The imperative to modernize existing grids and build new, resilient energy systems directly fuels the demand for these sophisticated cabling solutions, making them critical for successful renewable integration worldwide.
5G and IoT Driving Next Generation Fiber Optic Demand
The widespread adoption of 5G technology and the exponential growth of Internet of Things IoT devices are fundamentally transforming fiber optic demand. 5G networks, requiring massive backhaul capacity and low latency, necessitate dense deployments of optical fiber to connect small cells, data centers, and core network infrastructure. Similarly, the proliferation of IoT sensors, smart city infrastructure, and connected devices generates vast amounts of data that must be transmitted and processed rapidly. This data explosion and the increasing reliance on real time communication are driving the expansion of fiber to the home, fiber to the business, and fiber to the antenna deployments. The inherent speed, bandwidth, and reliability of fiber optics make it the only viable medium for supporting the demanding requirements of future 5G and IoT ecosystems, ensuring sustained high growth in fiber optic cable manufacturing.
Sustainable Cable Solutions Reshaping Manufacturing Practices
Sustainable cable solutions are fundamentally transforming manufacturing within the global communication and energy wire and cable sector. This trend emphasizes the development and adoption of environmentally conscious materials and production processes. Manufacturers are increasingly utilizing recycled plastics, bio based polymers, and halogen free compounds to reduce environmental impact. Energy efficient manufacturing techniques, minimized waste generation, and extended product lifespans are also key considerations. The shift reflects growing consumer demand for greener products and stricter regulatory frameworks promoting sustainability. This focus on eco friendly design and production is not only reducing carbon footprints but also driving innovation in material science and operational efficiency across the industry.
What are the Key Drivers Shaping the Global Communication and Energy Wire and Cable Manufacturing Market
Expansion of Digital Infrastructure & 5G Rollout
The global communication and energy wire and cable manufacturing market is significantly propelled by the expansion of digital infrastructure and the ongoing 5G rollout. This driver represents a massive need for advanced cabling solutions to support new network architectures. Building out 5G networks necessitates vast quantities of fiber optic cables for backhaul and fronthaul connections, along with specialized power cables to energize numerous small cells and base stations. Furthermore, the broader digital infrastructure expansion, encompassing data centers, cloud computing facilities, and internet of things deployments, demands a continuous supply of high performance copper and fiber cables for reliable data transmission and power distribution. This fundamental transformation in connectivity directly fuels demand across the entire wire and cable manufacturing spectrum.
Growth in Renewable Energy and Smart Grid Investments
The escalating global focus on climate change mitigation is fueling substantial investments in renewable energy sources like solar and wind power. This expansion necessitates vast networks of specialized communication and energy wires and cables for power generation, transmission, and distribution. Simultaneously, the modernization of electricity grids into smart grids, incorporating digital communication and advanced sensors, further amplifies demand. These intelligent grids require robust cabling infrastructure to manage intermittent renewable energy flows, enhance grid reliability, and enable two way communication between utilities and consumers. This dual growth in renewables and smart grid deployment is a fundamental driver for the communication and energy wire and cable manufacturing market.
Increasing Demand from Data Centers and IoT Devices
The proliferation of data centers and the rapid expansion of IoT devices are significant forces propelling the global communication and energy wire and cable manufacturing market. Data centers, as the backbone of the digital economy, require vast quantities of high bandwidth communication cables for interconnectivity and robust energy cables to power their immense infrastructure. This demand is further amplified by the continuous growth of cloud computing, artificial intelligence, and big data analytics, all relying heavily on data centers. Simultaneously, the explosion of IoT devices, from smart homes to industrial sensors, necessitates extensive cabling for both power delivery and data transmission, connecting these devices to networks and ultimately to data centers. This dual surge in demand creates a substantial and sustained need for advanced wire and cable solutions.
Global Communication and Energy Wire and Cable Manufacturing Market Restraints
Geopolitical Tensions and Supply Chain Disruptions
Geopolitical tensions significantly disrupt the global communication and energy wire and cable manufacturing market. Trade disputes, sanctions, and political instability in key manufacturing or resource rich regions create volatile conditions for material sourcing. Manufacturers face challenges in acquiring essential raw materials like copper, aluminum, and various polymers due to export restrictions or supply chain disruptions caused by geopolitical events. This leads to increased material costs and extended lead times. Furthermore, the instability impacts logistics and transportation routes, making it difficult and expensive to move finished goods and raw materials across borders. These disruptions elevate production costs, reduce profit margins, and impede the timely delivery of critical infrastructure projects, ultimately stifling market growth and investment.
Intense Competition and Price Erosion
The global communication and energy wire and cable manufacturing market faces significant challenges from intense competition and price erosion. Numerous manufacturers vie for market share, leading to a crowded landscape where companies constantly battle to secure contracts. This fierce rivalry often compels companies to lower their prices to remain competitive or win new business, even if it impacts their profit margins. New entrants and existing players, including those from low cost regions, further intensify this pressure. Customers benefit from these aggressive pricing strategies but manufacturers experience squeezed profits and reduced investment capacity for research and development. This environment discourages innovation and sustainable growth, creating a cycle of downward price pressure that restrains overall market profitability and long term viability for many participants.
Global Communication and Energy Wire and Cable Manufacturing Market Opportunities
Capitalizing on the Global 5G and Data Center Infrastructure Build-Out for Communication Cable Manufacturers
Communication cable manufacturers have a prime opportunity to capitalize on the worldwide expansion of 5G networks and data center infrastructure. The insatiable demand for faster connectivity, driven by emerging technologies and increasing data consumption, fuels an unprecedented need for high-performance communication cables across the globe. As countries, particularly in rapid growth regions like Asia Pacific, invest heavily in next-generation digital infrastructure, manufacturers supplying fiber optic and specialized copper cables are poised for significant growth.
The rollout of 5G requires extensive fiber optic cabling for backhaul and fronthaul, connecting base stations to the core network efficiently. Simultaneously, the proliferation of cloud services, artificial intelligence, and big data necessitates a massive build-out of new data centers. These facilities demand vast quantities of high-density, low-latency fiber and power cables for internal connectivity and external network links. Manufacturers must focus on innovating cable designs to meet stringent performance requirements, including higher bandwidth, greater reliability, and enhanced durability for diverse deployment environments. This global infrastructure wave presents a sustained demand cycle, enabling manufacturers to expand market share and drive revenue by becoming essential suppliers to this digital revolution.
Unlocking Growth in Renewable Energy Integration and Smart Grid Modernization Cable Solutions
The global embrace of renewable energy sources and the imperative to modernize existing power grids create a profound opportunity for cable manufacturers. Integrating vast amounts of intermittent green energy, like solar and wind power, into national grids necessitates a new generation of sophisticated cable solutions. This includes high voltage direct current HVDC cables for efficient long distance transmission, specialized medium voltage cables for solar and wind farms, and robust undersea cables for offshore installations.
Concurrently, transforming traditional grids into smart grids demands advanced communication and power cables. Fiber optic cables are crucial for real time data exchange, enabling intelligent monitoring, automation, and distributed energy resource management. This dual transformation, particularly vibrant in rapidly industrializing regions, fuels an escalating demand for high performance, durable, and technologically advanced cabling infrastructure. Manufacturers providing tailored, reliable, and innovative energy and communication cable systems are perfectly poised to capture substantial market expansion by empowering the clean energy transition and grid evolution.
Global Communication and Energy Wire and Cable Manufacturing Market Segmentation Analysis
Key Market Segments
By Application
- •Telecommunication
- •Power Distribution
- •Data Transmission
- •Cable Television
By Material Type
- •Copper
- •Aluminum
- •Fiber Optic
- •Plastic
- •Rubber
By Product Type
- •Wires
- •Cables
- •Conductors
By End Use Industry
- •Telecom Industry
- •Energy Sector
- •Construction
- •Transportation
Segment Share By Application
Share, By Application, 2025 (%)
- Telecommunication
- Power Distribution
- Data Transmission
- Cable Television
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Why is Power Distribution the dominant application segment in the Global Communication and Energy Wire and Cable Manufacturing Market?
The significant share of Power Distribution, accounting for 42.5% of the market, stems from the universal and ever growing demand for electricity. Infrastructure development, urbanization, and industrialization globally necessitate extensive networks of robust wires and cables for efficient power transmission and distribution. This segment includes high voltage transmission lines and low voltage distribution cables essential for powering homes, businesses, and industries, ensuring a constant and reliable energy supply worldwide.
What material and product types are pivotal in supporting the broad needs of the communication and energy sectors?
Copper and aluminum remain fundamental material types, with copper prized for its high conductivity in both energy and data transmission, and aluminum favored for its lighter weight and cost effectiveness in long distance power lines. Fiber optic cables are increasingly crucial for high speed Data Transmission and Telecommunication applications. Product types primarily consist of Wires and Cables, with cables encompassing multiple insulated conductors within a sheath, vital for diverse applications from simple electrical connections to complex network infrastructures.
How do diverse end use industries drive demand and shape the segmentation of the wire and cable market?
The Telecom Industry is a major consumer, driving demand for high performance cables for Data Transmission and Telecommunication, including fiber optics and copper solutions for broadband networks. The Energy Sector, closely tied to Power Distribution, relies on durable wires and cables for generation, transmission, and distribution. Construction and Transportation industries also represent significant end users, requiring various electrical wires and control cables for buildings, infrastructure projects, and vehicle systems, reflecting the pervasive need for connectivity and power across all economic sectors.
Global Communication and Energy Wire and Cable Manufacturing Market Regulatory and Policy Environment Analysis
The global communication and energy wire and cable market navigates a complex regulatory landscape. International Electrotechnical Commission IEC and International Organization for Standardization ISO norms dictate critical safety, performance, and interoperability standards crucial for market entry and product acceptance worldwide. Environmental regulations are increasingly stringent, particularly European Union directives like RoHS and REACH, which restrict hazardous substances in materials and manufacturing processes, driving sustainable innovation.
Trade policies, tariffs, and anti dumping measures significantly impact supply chain dynamics and competitive strategies across various regions. National and regional certification bodies ensure product quality and adherence to local electrical codes. For communication cables, data security and network resilience standards are emerging as vital considerations, given the criticality of digital infrastructure. Energy efficiency mandates promote advanced cable designs and material science improvements. Cybersecurity regulations are also influencing communication cable specifications to protect critical data flows. This intricate web of global and local rules necessitates continuous adaptation, robust compliance programs, and proactive engagement from manufacturers to ensure market access and foster innovation.
Which Emerging Technologies Are Driving New Trends in the Market?
The global wire and cable manufacturing market is undergoing significant transformation driven by breakthrough innovations. In communication, advanced fiber optic cables are pushing bandwidth limits, supporting hyperscale data centers and the demands of 5G and future networks with increased efficiency and reduced latency. Emerging technologies like hollow core fiber promise even faster data transmission.
For energy, smart grid integration is paramount. Cables are incorporating sensors for real time monitoring, enhancing grid resilience and enabling predictive maintenance. High voltage direct current HVDC cables are critical for long distance renewable energy transmission, including offshore wind farms, minimizing power loss. Electric vehicle infrastructure demands specialized, high power charging cables that are durable and efficient. Material science advancements are yielding lighter, stronger, and more sustainable insulation and conductor materials, alongside fire resistant and eco friendly options. These innovations collectively drive market expansion by addressing critical infrastructure needs for a connected and electrified world.
Global Communication and Energy Wire and Cable Manufacturing Market Regional Analysis
Global Communication and Energy Wire and Cable Manufacturing Market
Trends, by Region
Asia-Pacific Market
Revenue Share, 2025
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Dominant Region
Asia Pacific · 45.2% share
Asia Pacific unequivocally dominates the global communication and energy wire and cable manufacturing market. The region commands an impressive 45.2% market share, solidifying its position as the primary manufacturing hub and consumer base. This supremacy is fueled by rapid urbanization, extensive infrastructure development projects, and burgeoning demand for reliable communication networks and power grids across countries like China, India, and Southeast Asian nations. Significant investments in renewable energy and smart city initiatives further propel this regional leadership. Localized production capabilities combined with a vast consumer market create an unparalleled competitive advantage for Asia Pacific in this vital industry.
Fastest Growing Region
Asia Pacific · 7.9% CAGR
The Asia Pacific region stands out as the fastest growing in the global Communication and Energy Wire and Cable Manufacturing Market with an impressive Compound Annual Growth Rate of 7.9 percent from 2026 to 2035. This robust expansion is fueled by unprecedented infrastructure development across emerging economies like India and Southeast Asian nations. Extensive government initiatives to enhance digital connectivity and reliable power grids are key drivers. The widespread adoption of 5G technology demands significant investment in fiber optic cables while rapid urbanization increases the need for energy transmission cables. Furthermore the burgeoning renewable energy sector especially solar and wind power projects contributes substantially to the region's high demand for specialized wiring solutions. Technological advancements and increasing manufacturing capabilities within the region further solidify its market leadership.
Impact of Geopolitical and Macroeconomic Factors
Geopolitical shifts, particularly escalating US China tech rivalries and their impact on supply chains, significantly influence the communication wire and cable market. National security concerns drive reshoring initiatives and diversification away from single source reliance, increasing production costs for manufacturers. Furthermore, geopolitical instability in critical resource rich regions like Africa can disrupt raw material supplies, particularly copper and optical fiber preforms, impacting prices and lead times across the board. Government led infrastructure initiatives, driven by strategic competition in areas like 5G and submarine cable networks, present substantial demand drivers.
Macroeconomically, global inflation and rising interest rates push up operational and capital expenditure for manufacturers, potentially squeezing profit margins. Commodity price volatility, especially for copper, aluminum, and plastics, directly affects input costs. Energy transition initiatives and green infrastructure development create robust demand for specialized energy cables, while the global push for digitalization and data center expansion fuels growth in fiber optic and high speed data cables. Currency fluctuations further complicate international trade and profitability for companies with global manufacturing footprints.
Recent Developments
- March 2025
Prysmian Group announced a strategic partnership with a leading offshore wind developer to supply high-voltage submarine cables for a massive new offshore wind farm project in the North Sea. This multi-year agreement significantly expands Prysmian's renewable energy infrastructure portfolio and reinforces its position in the rapidly growing offshore wind sector.
- June 2024
TE Connectivity launched a new series of fiber optic cable assemblies designed for high-density data centers and 5G backhaul applications. These innovative cables offer enhanced bend performance and reduced diameter, optimizing space and improving airflow in congested network environments.
- September 2025
Sumitomo Electric Industries acquired a minority stake in a specialized manufacturer of high-temperature superconducting (HTS) cables. This strategic investment aims to accelerate the development and commercialization of next-generation power transmission solutions, offering higher efficiency and reduced environmental impact for grid modernization.
- November 2024
Belden entered into a collaborative research initiative with a prominent university to explore advanced materials for enhanced shielding and durability in industrial Ethernet cables. This partnership seeks to develop more robust and reliable connectivity solutions for demanding industrial automation and IoT applications.
Key Players Analysis
TE Connectivity, Belden, and Amphenol are global leaders in communication wire and cable, leveraging advanced materials and high-speed data technologies. Prysmian Group and Sumitomo Electric Industries dominate energy wire and cable, focusing on smart grid solutions and submarine cables. LS Cable & System, Southwire, and Hengtong Group are key regional players expanding globally, driven by infrastructure development and renewable energy projects. Kabel BW and Cablevision are primarily regional communication service providers, not manufacturers.
List of Key Companies:
- TE Connectivity
- belden
- Amphenol
- Prysmian Group
- Sumitomo Electric Industries
- Cablevision
- LS Cable & System
- Southwire
- Hengtong Group
- Kabel BW
- Furukawa Electric
- Nehring Electrical Works
- Nexans
- AFL Global
- General Cable
Report Scope and Segmentation
| Report Component | Description |
|---|---|
| Market Size (2025) | USD 245.8 Billion |
| Forecast Value (2035) | USD 410.2 Billion |
| CAGR (2026-2035) | 6.2% |
| Base Year | 2025 |
| Historical Period | 2020-2025 |
| Forecast Period | 2026-2035 |
| Segments Covered |
|
| Regional Analysis |
|
Table of Contents:
List of Figures
List of Tables
Table 1: Global Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 2: Global Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by Material Type, 2020-2035
Table 3: Global Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by Product Type, 2020-2035
Table 4: Global Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by End Use Industry, 2020-2035
Table 5: Global Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by Region, 2020-2035
Table 6: North America Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 7: North America Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by Material Type, 2020-2035
Table 8: North America Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by Product Type, 2020-2035
Table 9: North America Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by End Use Industry, 2020-2035
Table 10: North America Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by Country, 2020-2035
Table 11: Europe Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 12: Europe Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by Material Type, 2020-2035
Table 13: Europe Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by Product Type, 2020-2035
Table 14: Europe Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by End Use Industry, 2020-2035
Table 15: Europe Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035
Table 16: Asia Pacific Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 17: Asia Pacific Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by Material Type, 2020-2035
Table 18: Asia Pacific Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by Product Type, 2020-2035
Table 19: Asia Pacific Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by End Use Industry, 2020-2035
Table 20: Asia Pacific Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035
Table 21: Latin America Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 22: Latin America Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by Material Type, 2020-2035
Table 23: Latin America Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by Product Type, 2020-2035
Table 24: Latin America Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by End Use Industry, 2020-2035
Table 25: Latin America Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035
Table 26: Middle East & Africa Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 27: Middle East & Africa Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by Material Type, 2020-2035
Table 28: Middle East & Africa Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by Product Type, 2020-2035
Table 29: Middle East & Africa Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by End Use Industry, 2020-2035
Table 30: Middle East & Africa Communication and Energy Wire and Cable Manufacturing Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035