Electrification

A Comprehensive Product Offering to Electrify the Industry

Our innovative cable solutions are designed to meet various application needs and capitalize on the opportunities presented by electrification. This forward-thinking approach distinguishes us in the market.

 

Our role in the transition to electrification is crucial in achieving global decarbonization goals. Over the next 30 years, the share of electricity in the energy mix is expected to double to 40%. This shift is driven by the movement away from fossil fuels toward renewable energy sources and the increasing use of electricity in applications like data centers. As the demand for electrical applications grows, there is a pressing need for specialized cable solutions, and we are at the forefront of addressing this need. 

With our new "Connect to Lead" business strategy, we are not only poised to seize the opportunities presented by this market-shaping megatrend, but are also committed to driving it forward. We will emerge as a leading global cable solutions provider, facilitating the energy transition and digital transformation.

Connect to Lead in Electrification

According to the new Connect to Lead business strategy, Prysmian aims to capitalize on the opportunities created by key structural megatrends shaping the cable industry and to establish itself as a global cable solution provider. In line with this mission, the Electrification business unit:

  • Offers a comprehensive range of cables to support the ongoing growth of electrical applications across all industry segments worldwide.
  • Provides cutting-edge technologies and future-proof sustainable solutions, instilling confidence and security in our stakeholders.
  • Continues to co-develop customized solutions tailored to the needs of our customers, highlighting the value we place on our stakeholders and their essential role in our operations.

Prysmian + Encore Wire: Powering New Energy Everywhere

The Prysmian and Encore Wire partnership continues to provide a wealth of opportunities for our employees, investors, and partners, enlarging our product portfolio and dramatically improving our service offerings to customers. Encore Wire is best in class in its competitive arena with expertise and focus on building wire and electrical distribution.