A pure player in electrification
Our strategy: from a generalist cable manufacturer to pure electrification player
In a rapidly changing world that is increasingly dependent on connectivity, Nexans is well positioned to act on the megatrends which will have an impact on our activities and our customers by 2030.
Electrical energy to be produced by 2030 (Source: Roland Berger)
Renewable electricity capacity by 2030 (Source: Roland Berger)
People by 2050 (Source: Roland Berger)
Inhabitants to have access to electricity by 2030 (Source: Roland Berger)
The electrification market represents 65% of the world cable market and is expected to grow by +4.3% per annum over the next 10 years driven by key growth trends: changing of lifestyles and growing energy consumption, demand for sustainable energies, grid modernization and protection. The world is becoming more electric and carbon neutral. Likewise, our scope of customer needs are changing from cables to systems and interconnected solutions.
Convinced that remaining a generalist will be more a weakness than a strength, Nexans intends to become a pure electrification player.
Simplify to Amplify
The Group is simplifying its business model by moving from 8 macro sectors, representing 34 subsectors, to 4 sectors, representing 12 subsectors. Nexans will become a unique fully integrated player covering the entire electrification value chain: from the very start of production of energy, to transmission and distribution of energy, all the way to usage of energy.
Our purpose: “Electrify the future”
Nexans positions all its operations across the electrification value chain, from Generation and Transmission to Distribution and Usages.
- Generation and Transmission: the Group enhances its positioning in the Offshore Windfarms and Interconnection markets notably through additional 200 million euros investments, while maintaining a value proposition based on three pillars: i) Risk & project portfolio management, ii) Asset management, and iii) Cutting-edge technology.
- In Distribution, Nexans reinforces its turnkey solutions combining cables and accessories with installation, architecture design, smart systems and asset management.
- In Usages, the Group focuses its offer on end-user electrical safety, support to client competitiveness through seamless supply chain for easy to handle and install products, and smart products integrated in a digital ecosystem.
Our conviction: economic performance can no longer be dissociated from environmental performance, human well-being and engagement.
Nexans links people, ideas and the future by connecting society to industry to materials, and we do so with integrity through our E3 sustainability commitments.
Nexans has developped E3, a performance model that is as powerful as it is unique. Every quarter, all around the world, even the smallest of our units will need to find the right performance balance between the three key dimensions of Economy, Environment and Engagement.
Learn more about this:
Select your country to find our products and solutions