Magnet Wire Market by Type (Copper, Aluminum), Shape (Round, Rectangle, Square), Application (Motor, Home Appliance, Transformer), End-Use Industry ( Electrical& Electronics, Industrial, Transportation, Infrastructure), Region - Global Forecast to 2026
The magnet wire market size is projected to grow from USD 32.7 billion in 2021 to USD 41.8 billion by 2026, growing at a CAGR of 5.0% from 2021 - 2026. The magnet wire market is growing due to the rise in the demand from wind electrical & electronics, industrial, infrastructure, and transportation industries. Growing tax incentives along with government stimulus packages are fuelling the growth of magnet wire market across the world.
However, owing to COVID-19, the sales of various industries has declined, resulting in reduced demand for magnet wires in 2020.
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Impact of COVID-19 on global magnet wire market
COVID-19 has negatively affected the demand for magnet wires across the globe due to decrease in demand from various end-use industries. Transportation being one of the major consumer of magnet wires has witnessed the adverse and immediate consequences of the pandemic. The electric & electronics sector has faced the consequences due to the lockdown across international and domestic borders. This has impacted badly on the demand of magnet wires.
Global Magnet Wire Market Dynamics:
Drivers: Growth of electric vehicles market fueling the demand for magnet wires
Electric Vehicles (EV) are contributing to a safer, cleaner, and more energy-efficient environment. The demand for hybrid and electric vehicles is growing and is expected to see high growth in the coming years. This growth in demand is mainly due to increased affordability, technology improvements, and the need for more electric chargers. The increased demand for electric vehicles is augmenting the demand for magnet wires. All types of electric vehicles require a considerable amount of magnet wire. These wires are used in busbars, electric motors, charging infrastructure, and various other applications. As per a study conducted by Copper Development Association Inc., a pure electric vehicle can consume more than a mile of copper wiring in its stator windings. Hence, the increasing production of electric and hybrid vehicles is ultimately driving the demand for magnet wires.
Restraints: Shift towards compact motors
Increase in demand for high efficiency and high-performance motors and coils with space efficiency replacing bigger-sized equipment has a negative impact on the usage of aluminum magnet wires, as they occupy more space over copper magnet wires. The requirement of such motors arouses from the demand for reducing the energy and space consumption and growing application industries such as transportation, electrical, and electronics. This increasing demand for compact-sized applications is decreasing the usage of magnet wires in these applications.
Opportunities: Growth of infrastructure, transportation, and power sectors in APAC region
Due to the growth of end-use industries, the demand for magnet wire is increasing in Asia Pacific. The end-use industries of magnet wires, such as transportation, infrastructure, and power sector, are growing at a high pace in the region and are expected to play a major role in driving the demand for magnet wires in the coming years. In countries such as China, Japan, and India, the automotive and electrical & electronics sectors are driving the magnet wire market with major proportion of share and this trend is expected to continue in the future.
The policies and regulations that are put forth by the Government of India, aiming to improve the manufacturing sector of the country are expected to leave a positive impact over the magnet wire market, indirectly providing opportunities to the market players to cater to the industry demands, by improving the growth of transportation, electrical, and electronics industries.
Challenges: Cracking and bulging of insulation
The magnet wires used for winding purposes are made in a very thin strand in order to wind a greater number of winds in the armatures of motors and generators. This subjects the magnet wires to undergo huge tensional and thermal stress, affecting their physical properties in those sections. This causes the magnet wires to crack their insulations. Sometimes this also happens due to poor quality of resin used for varnishing the wires. The insulations may wear off from the wire strand and bulge due to improper application usage. This results in damage of magnet wires, impacting their performance and years of expected service due to short circuiting of wires inside motors and damaging the equipment. This can be prevented by manufacturing high quality magnet wires with wide operating thermal range.
In terms of volume, electrical & electronics industry has the largest market share in the global magnet wire market.
Electrical & electronics is the major consumers of magnet wires across the globe. Growing population in urban areas around the globe, upgradations in technology, and increasing buying power of the population fuelling the consumption by the electrical & electronics segment. The increasing consumption of several home appliance products in the region is driving the demand for magnet wires.
Copper type magnet wire is the major segment of the magnet wire market in terms of value and volume.
Magnet wires are mainly produced using copper and aluminum. They find their usage in various end-use industries, such as electrical & electronics, industrial, and transportation. Copper magnet wire provides better conductivity with less space consumption in comparison with aluminum magnet wire and, hence, is preferred in applications that have space constraints.
Round shape is the largest segment of magnet wires in terms of value and volume.
Magnet wires are manufactured in different shapes such as round, rectangle, and square. The tightness in the coil is determined by the very same shape as the magnet wires. Round magnet wires, with their properties of lesser space consumption and higher mechanical strength compared with other shapes, account for a major market share. These wires provides high mechanical strength along with superior flexibility and abrasion resistance.
Motor application accounted for the largest share in terms of value and volume
Magnet wires are used for a wide range of applications, such as electrical motors, home appliances, transformers, and generators, as winding coils in order to use the magnetic field to use or generate electricity based on applications. Motor is the biggest application of magnet wires in the overall magnet wire market. Motors find their use in various end-use industries, such as transportation, industrial, and energy. The automotive industry is the major consumer of magnet wires in motors.
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APAC held the largest market share in the magnet wire market in 2020.
APAC is the largest consumers of magnet wires. Development in industrial, transportation, energy, and infrastructure segments in these countries is expected to drive the magnet wire consumption in this market. Another reason behind this increase in growth is the availability of low labor costs. Asia Pacific has many major players in the market such as Hitachi Metals Ltd. (Japan), Sumitomo Electric Industries Ltd. (Japan), Furukawa Electric Co., Ltd. (Japan), Fujikura Ltd. (Japan), Samdong Co., Ltd. (South Korea), LS Cable & System Ltd. (South Korea), Tongling Jingda Special Magnet Wire Co., Ltd. (China), and Ningbo Jintian Copper (Group) Co., Ltd. (Japan), manufacturing and supplying magnet wires in Asia Pacific as well as globally.
Key Magnet Wire Market Players
The key players in the global magnet wire market LS Cable & System Ltd. (South Korea), Tongling Jingda Special Magnet Wire Co., Ltd. (China), Sumitomo Electric CO., Ltd. (Japan), Hitachi Metals Ltd. (Japan), and Samdong Co., Ltd. (South Korea), FURUKAWA Electric Co. Ltd. (Japan), IRCE S.p.A (Italy), Fujikura Ltd. (Japan), Von Roll Holding AG (Switzerland), and LWW group (Sweden) are among others. These companies are involved in adopting various inorganic and organic strategies to increase their foothold in the magnet wire industry. The study includes an in-depth competitive analysis of these companies in the magnet wire market, with their company profiles, recent developments, and key market strategies.
Scope of the Magnet Wire Market Report
|
Report Metric |
Details |
| Years considered for the study | 2017–2026 |
| Base year | 2020 |
| Forecast period | 2021–2026 |
| Units considered | Value (USD Million), Volume (Kiloton) |
| Segments | Type, Shape, Application, End-use Industry and Region |
| Regions | Europe, North America, APAC, MEA, and Latin America |
| Companies | LS Cable & System Ltd. (South Korea), Tongling Jingda Special Magnet Wire Co., Ltd. (China), Sumitomo Electric CO., Ltd. (Japan), Hitachi Metals Ltd. (Japan), Samdong Co., Ltd. (South Korea), FURUKAWA Electric Co. Ltd. (Japan), IRCE S.p.A (Italy), Fujikura Ltd. (Japan), Von Roll Holding AG (Switzerland), and LWW group (Sweden) |
This research report categorizes the magnet wire market based on type, shape, application, end-use industry, and region.
By Type:
- Copper magnet wire
- Aluminum magnet wire
By Shape:
- Round
- Rectangle
- Square
By Application:
- Motor
- Home Appliance
- Transformer
- Others
By End-use Industries:
- Electrical & Electronics
- Industrial
- Transportation
- Infrastructure
- Others
By region:
- North America
- Europe
- APAC
- MEA
- Latin America
Recent Developments
- In October 2021, Von Roll Holding AG received IATF certification for its resins manufacturing plant in the Italian production site at Trofarello.
- In March 2021, FURUKAWA Electric Co. Ltd. initiated mass production of heat dissipation/cooling products at Furukawa Electric Thermal Management Solutions & Products, Laguna, Philippines.
- In September 2020, LS Cable & System officially commercialized the next-generation carbon fiber-based electrical harnesses. These harnesses are considered to be stronger than steel and can yield more flexibility. They provide lightweight solutions for the end-use industry as it reduces 10-20% weight of the entire cable system, compared to the conventional cable system. This electrical harness can be used in applications in electric vehicles, energy, and transportation sectors.
- In March 2020, LS Cable & System, in association with KEPCO, successfully tested the polypropylene insulating material. This material can be recycled and also emits less greenhouse gases. Based on the test results, the company is focusing on commercializing the product. It is the second company to commercially manufacture polypropylene-based insulated cables and wires. The product also offers high functional efficiency along with less greenhouse gas generation compared to its older counterpart, XLPE which has been in the market since the 1960s.
Frequently Asked Questions (FAQ):
What are the factors influencing the growth of the magnet wire market?
The growing emerging applications of magnet wires in various end-use industries.
Which is the fastest-growing country-level market for magnet wire?
China is the fastest-growing magnet wire market due to high demand.
What are the factors contributing to the final price of magnet wire?
Raw material plays a vital role in the costs. The cost of these materials contributes largely to the final pricing of magnet.
What are the challenges in the magnet wire market?
Cracking and bulging of insulation is the major challenge in the magnet wire market.
Which type of magnet wire holds the largest market share?
Copper type magnet wires hold the largest share due high efficiency, and excellent properties.
How is the magnet wire market aligned?
The market is growing at a significant pace. It is a potential market and many manufacturers are planning business strategies to expand their business.
Who are the major manufacturers?
LS Cable & System Ltd. (South Korea), Tongling Jingda Special Magnet Wire Co., Ltd. (China), Sumitomo Electric CO., Ltd. (Japan), Hitachi Metals Ltd. (Japan), and Samdong Co., Ltd. (South Korea).
What are the shapes for magnet wires?
Round, rectangle, and square are the major shapes available for magnet wires.
What are the major applications for magnet wires?
The major applications for magnet wires are motor, home appliance, and transformer.
What is the biggest restraint in the magnet wire market?
Volatility in the prices of raw materials. .
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 38)
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 INCLUSIONS & EXCLUSIONS
1.4 MARKET SCOPE
FIGURE 1 MAGNET WIRE MARKET SEGMENTATION
1.4.1 REGIONS COVERED
1.4.2 YEARS CONSIDERED
1.5 CURRENCY
1.6 UNIT CONSIDERED
1.7 LIMITATIONS
1.8 STAKEHOLDERS
1.9 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 42)
2.1 RESEARCH DATA
FIGURE 2 MAGNET WIRE MARKET: RESEARCH DESIGN
2.2 BASE NUMBER CALCULATION
2.2.1 APPROACH 1: SUPPLY-SIDE ANALYSIS
2.2.2 APPROACH 2: DEMAND-SIDE APPROACH
2.3 FORECAST NUMBER CALCULATION
2.3.1 SUPPLY-SIDE
2.3.2 DEMAND-SIDE
2.4 RESEARCH DATA
2.4.1 SECONDARY DATA
2.4.2 PRIMARY DATA
2.4.2.1 Primary interviews–top magnet wire manufacturers
2.4.2.2 Breakdown of primary interviews
2.4.2.3 Key industry insights
2.5 MARKET SIZE ESTIMATION
2.5.1 BOTTOM-UP APPROACH
FIGURE 3 MAGNET WIRE MARKET: BOTTOM-UP APPROACH
2.5.2 TOP-DOWN APPROACH
FIGURE 4 MARKET: TOP-DOWN APPROACH
2.6 DATA TRIANGULATION
FIGURE 5 MARKET: DATA TRIANGULATION
2.7 FACTOR ANALYSIS
2.8 ASSUMPTIONS
2.9 LIMITATIONS & RISKS
3 EXECUTIVE SUMMARY (Page No. - 51)
FIGURE 6 COPPER MAGNET WIRE DOMINATED MAGNET WIRE MARKET
FIGURE 7 ROUND MAGNET WIRE ACCOUNTED FOR MAXIMUM SHARE IN OVERALL MAGNET WIRE MARKET
FIGURE 8 MOTOR APPLICATION ACCOUNTED FOR LARGEST SHARE OF MARKET IN 2020
FIGURE 9 ELECTRONICS TO BE LEADING END-USE INDUSTRY OF MAGNET WIRE
FIGURE 10 ASIA PACIFIC LED MARKET IN 2020
4 PREMIUM INSIGHTS (Page No. - 55)
4.1 ATTRACTIVE OPPORTUNITIES IN THE MAGNET WIRE MARKET
FIGURE 11 SIGNIFICANT GROWTH EXPECTED IN GLOBAL MARKET BETWEEN 2021 AND 2026
4.2 MAGNET WIRE MARKET, BY END-USE INDUSTRY AND REGION, 2020
FIGURE 12 ELECTRICAL & ELECTRONICS WAS LARGEST END-USE INDUSTRY, AND ASIA PACIFIC WAS LARGEST REGION IN 2020
4.3 MARKET, BY TYPE, 2020
FIGURE 13 COPPER MAGNET WIRE DOMINATED OVERALL MAGNET WIRE MARKET IN 2020
4.4 MARKET, BY SHAPE, 2020
FIGURE 14 ROUND MAGNET WIRE HELD LARGEST SHARE IN MARKET IN 2020
4.5 MAGNET WIRE MARKET, BY APPLICATION, 2020
FIGURE 15 MOTOR APPLICATION DOMINATED OVERALL MAGNET WIRE MARKET
4.6 MARKET GROWTH: KEY COUNTRIES
FIGURE 16 CHINA TO REGISTER HIGHEST CAGR IN MARKET, (2021–2026 )
5 MARKET OVERVIEW (Page No. - 59)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN MAGNET WIRE MARKET
5.2.1 DRIVERS
5.2.1.1 Growth of electric vehicles market fueling demand for magnet wires
5.2.1.2 Increasing demand from energy sector
5.2.1.3 Advancements in electronics applications
5.2.1.4 Government stimulus packages to boost manufacturing sector
5.2.2 RESTRAINTS
5.2.2.1 Shift towards compact motors
5.2.2.2 Fluctuating cost of raw materials
TABLE 1 GLOBAL AVERAGE COPPER PRICE IN LAST 5 YEARS
5.2.2.3 Lower demand, low-capacity utilization, and liquidity crunch due to COVID-19
5.2.3 OPPORTUNITIES
5.2.3.1 Growth of infrastructure, transportation, and power sectors in Asia Pacific region
5.2.4 CHALLENGES
5.2.4.1 Cracking and bulging of insulation
5.2.4.2 Uniformity of coating on various shaped magnet wires
5.2.4.3 Bottlenecks in supply chain due to COVID-19
5.3 INDUSTRY TRENDS
5.3.1 PORTER’S FIVE FORCES ANALYSIS
FIGURE 18 MAGNET WIRE MARKET: PORTER’S FIVE FORCES ANALYSIS
5.3.2 THREAT OF NEW ENTRANTS
5.3.3 THREAT OF SUBSTITUTES
5.3.4 BARGAINING POWER OF SUPPLIERS
5.3.5 BARGAINING POWER OF BUYERS
5.3.6 INTENSITY OF COMPETITIVE RIVALRY
TABLE 2 MAGNET WIRE MARKET: PORTER'S FIVE FORCES ANALYSIS
5.4 ECOSYSTEM: MARKET
5.5 VALUE CHAIN ANALYSIS
FIGURE 19 MAGNET WIRE MARKET: VALUE CHAIN ANALYSIS
5.5.1 RAW MATERIALS
5.5.2 MANUFACTURERS
5.6 SUPPLY CHAIN ANALYSIS
5.7 IMPACT OF COVID-19
5.7.1 IMPACT OF COVID-19 ON AUTOMOTIVE AND TRANSPORTATION INDUSTRIES
5.7.2 IMPACT OF COVID-19 ON POWER GENERATION AND TRANSMISSION INDUSTRIES
5.7.3 OPPORTUNITIES
5.8 MAGNET WIRE MARKET: OPTIMISTIC, PESSIMISTIC, AND REALISTIC SCENARIOS
TABLE 3 MARKET: CAGR (BY VALUE) IN OPTIMISTIC, PESSIMISTIC, AND REALISTIC SCENARIOS
5.8.1 OPTIMISTIC SCENARIO
5.8.2 PESSIMISTIC SCENARIO
5.8.3 REALISTIC SCENARIO
5.9 PRICING ANALYSIS
5.10 AVERAGE SELLING PRICE
TABLE 4 MAGNET WIRE AVERAGE SELLING PRICE, BY REGION
5.11 KEY MARKETS FOR IMPORT/EXPORT
5.11.1 JAPAN
5.11.2 CHINA
5.11.3 SOUTH KOREA
5.11.4 GERMANY
5.11.5 US
5.11.6 INDIA
5.12 PATENT ANALYSIS
5.12.1 INTRODUCTION
5.12.2 METHODOLOGY
5.12.3 DOCUMENT TYPE
TABLE 5 MAGNET WIRE MARKET: GLOBAL PATENTS
FIGURE 20 GLOBAL PATENT ANALYSIS, BY DOCUMENT TYPE
FIGURE 21 GLOBAL PATENT PUBLICATION TREND ANALYSIS: LAST 10 YEARS
5.12.4 INSIGHTS
5.12.5 LEGAL STATUS OF PATENTS
FIGURE 22 MARKET: LEGAL STATUS OF PATENTS
5.12.6 JURISDICTION ANALYSIS
FIGURE 23 GLOBAL JURISDICTION ANALYSIS
5.12.7 TOP APPLICANTS’ ANALYSIS
FIGURE 24 BAKER HUGHES INC. HAS HIGHEST NUMBER OF PATENTS
TABLE 6 LIST OF PATENTS, BY BAKER HUGHES INCORPORATED
TABLE 7 LIST OF PATENTS, BY HONEYWELL INT INC.
TABLE 8 LIST OF PATENTS BY BLACK & DECKER INC.
TABLE 9 LIST OF PATENTS BY ESSEX GROUP
TABLE 10 TOP 10 PATENT OWNERS (US) IN LAST 10 YEARS
5.13 CASE STUDY ANALYSIS
5.14 TARIFF AND REGULATIONS
TABLE 11 CURRENT CODES FOR MAGNET WIRES
5.15 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS
6 MAGNET WIRE MARKET, BY TYPE (Page No. - 81)
6.1 INTRODUCTION
FIGURE 25 COPPER MAGNET WIRE DOMINATED GLOBAL MAGNET WIRE MARKET
TABLE 12 MAGNET WIRE MARKET SIZE, BY TYPE, 2017–2020 (KILOTON)
TABLE 13 MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 14 MAGNET WIRE MARKET SIZE, BY TYPE, 2021–2026 (KILOTON)
TABLE 15 MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
6.2 COPPER
6.2.1 DOMINATION OF COPPER IN MAGNET WIRE MARKET
6.2.2 COPPER MAGNET WIRES, BY REGION
TABLE 16 COPPER MAGNET WIRE MARKET SIZE BY REGION, 2017–2020 (KILOTON)
TABLE 17 COPPER MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
TABLE 18 COPPER MAGNET WIRE MARKET SIZE, BY REGION, 2021–2026 (KILOTON)
TABLE 19 COPPER MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
6.3 ALUMINUM
6.3.1 INCREASING DEMAND FOR ALUMINUM MAGNET WIRES
6.3.2 ALUMINUM MAGNET WIRES, BY REGION
TABLE 20 ALUMINUM MAGNET WIRE MARKET SIZE, BY REGION, 2017–2020 (KILOTON)
TABLE 21 ALUMINUM MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
TABLE 22 ALUMINUM MARKET SIZE, BY REGION, 2021–2026 (KILOTON)
TABLE 23 ALUMINUM MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
7 MAGNET WIRE MARKET, BY SHAPE (Page No. - 88)
7.1 INTRODUCTION
FIGURE 26 ROUND MAGNET WIRE DOMINATED GLOBAL MAGNET WIRE MARKET
TABLE 24 MAGNET WIRE MARKET SIZE, BY SHAPE, 2017–2020 (KILOTON)
TABLE 25 MARKET SIZE, BY SHAPE, 2017–2020 (USD MILLION)
TABLE 26 MARKET SIZE, BY SHAPE, 2021–2026 (KILOTON)
TABLE 27 MARKET SIZE, BY SHAPE, 2021–2026 (USD MILLION)
7.2 ROUND MAGNET WIRE
7.2.1 ROUND MAGNET WIRE IS MOST WIDELY USED MAGNET WIRE
FIGURE 27 ASIA PACIFIC TO DOMINATE ROUND MAGNET WIRE MARKET
7.2.2 ROUND MAGNET WIRE MARKET, BY REGION
TABLE 28 ROUND MARKET SIZE, BY REGION, 2017–2020 (KILOTON)
TABLE 29 ROUND MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
TABLE 30 ROUND MARKET SIZE, BY REGION, 2021–2026 (KILOTON)
TABLE 31 ROUND MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
7.3 RECTANGLE MAGNET WIRE
7.3.1 INCREASING APPLICATIONS OF RECTANGULAR MAGNET WIRES IN TRANSFORMERS
FIGURE 28 ASIA PACIFIC DOMINATED THE RECTANGLE MAGNET WIRE MARKET
7.3.2 RECTANGLE MAGNET WIRE MARKET, BY REGION
TABLE 32 RECTANGULAR MAGNET WIRE MARKET SIZE, BY REGION, 2017–2020 (KILOTON)
TABLE 33 RECTANGLE MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
TABLE 34 RECTANGLE MARKET SIZE, BY REGION, 2021–2026 (KILOTON)
TABLE 35 RECTANGLE MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
7.4 SQUARE MAGNET WIRE
7.4.1 DEMAND FOR COMPACT COILS TO DRIVE GROWTH OF SQUARE MAGNET WIRE
FIGURE 29 ASIA PACIFIC IS LARGEST CONSUMER OF SQUARE MAGNET WIRE
7.4.2 SQUARE MAGNET WIRE MARKET, BY REGION
TABLE 36 SQUARE MARKET SIZE, BY REGION, 2017–2020 (KILOTON)
TABLE 37 SQUARE MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
TABLE 38 SQUARE MARKET SIZE, BY REGION, 2021–2026 (KILOTON)
TABLE 39 SQUARE MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
8 MAGNET WIRE MARKET, BY APPLICATION (Page No. - 97)
8.1 INTRODUCTION
FIGURE 30 MOTOR TO BE LEADING APPLICATION OF MAGNET WIRE DURING FORECAST PERIOD
TABLE 40 MAGNET WIRE MARKET SIZE, BY APPLICATION, 2017–2020 (KILOTON)
TABLE 41 MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 42 MARKET SIZE, BY APPLICATION, 2021–2026 (KILOTON)
TABLE 43 MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
8.2 MOTOR
8.2.1 ADVANCEMENTS IN AUTOMOTIVE INDUSTRY DRIVING THE DEMAND FOR MAGNET WIRES IN MOTOR APPLICATION
FIGURE 31 ASIA PACIFIC TO BE LARGEST MARKET FOR MAGNET WIRE IN MOTOR APPLICATION
8.2.2 MAGNET WIRE MARKET IN MOTOR, BY REGION
TABLE 44 MARKET SIZE IN MOTOR, BY REGION, 2017–2020 (KILOTON)
TABLE 45 MARKET SIZE IN MOTOR, BY REGION, 2017–2020 (USD MILLION)
TABLE 46 MARKET SIZE IN MOTOR, BY REGION, 2021–2026 (KILOTON)
TABLE 47 MARKET SIZE IN MOTOR, BY REGION, 2021–2026 (USD MILLION)
8.3 HOME APPLIANCE
8.3.1 GROWTH IN LIVING STANDARDS IS DRIVING MAGNET WIRE MARKET IN HOME APPLIANCES
FIGURE 32 ASIA PACIFIC TO DOMINATE MARKET IN HOME APPLIANCE APPLICATION
8.3.2 MAGNET WIRE MARKET IN HOME APPLIANCE, BY REGION
TABLE 48 MARKET SIZE IN HOME APPLIANCE, BY REGION, 2017–2020 (KILOTON)
TABLE 49 MARKET SIZE IN HOME APPLIANCE, BY REGION, 2017–2020 (USD MILLION)
TABLE 50 MARKET SIZE IN HOME APPLIANCE, BY REGION, 2021–2026 (KILOTON)
TABLE 51 MARKET SIZE IN HOME APPLIANCE, BY REGION, 2021–2026 (USD MILLION)
8.4 TRANSFORMER
8.4.1 ADVANCEMENTS IN POWER SECTOR IS DRIVING MAGNET WIRE MARKET IN TRANSFORMER APPLICATION
FIGURE 33 ASIA PACIFIC TO BE LARGEST CONSUMER OF MAGNET WIRES IN TRANSFORMER APPLICATION
8.4.2 MAGNET WIRE MARKET IN TRANSFORMER, BY REGION
TABLE 52 MARKET SIZE IN TRANSFORMER, BY REGION, 2017–2020 (KILOTON)
TABLE 53 MARKET SIZE IN TRANSFORMER, BY REGION, 2017–2020 (USD MILLION)
TABLE 54 MARKET SIZE IN TRANSFORMER, BY REGION, 2021–2026 (KILOTON)
TABLE 55 MARKET SIZE IN TRANSFORMER, BY REGION, 2021–2026 (USD MILLION)
8.5 OTHERS
FIGURE 34 ASIA PACIFIC TO BE LARGEST CONSUMER OF MAGNET WIRES IN OTHER APPLICATIONS
8.5.1 MAGNET WIRE MARKET IN OTHER APPLICATIONS, BY REGION
TABLE 56 ]MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2017–2020 (KILOTON)
TABLE 57 MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2017–2020 (USD MILLION)
TABLE 58 MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2021–2026 (KILOTON)
TABLE 59 MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2021–2026 (USD MILLION)
9 MAGNET WIRE MARKET, BY END-USE INDUSTRY (Page No. - 108)
9.1 INTRODUCTION
FIGURE 35 ELECTRONICS INDUSTRY TO DOMINATE MAGNET WIRE MARKET DURING FORECAST PERIOD
TABLE 60 MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
TABLE 61 MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 62 MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTON)
TABLE 63 MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
9.2 ELECTRICAL & ELECTRONICS
9.2.1 ELECTRICAL & ELECTRONICS IS MAJOR END-USE INDUSTRY OF MAGNET WIRES
FIGURE 36 ASIA PACIFIC IS BIGGEST MARKET FOR MAGNET WIRE IN ELECTRICAL & ELECTRONICS INDUSTRY
9.2.2 MAGNET WIRE MARKET IN ELECTRICAL & ELECTRONICS, BY REGION
TABLE 64 MARKET SIZE IN ELECTRICAL & ELECTRONICS, BY REGION, 2017–2020 (KILOTON)
TABLE 65 MARKET SIZE IN ELECTRICAL & ELECTRONICS, BY REGION, 2017–2020 (USD MILLION)
TABLE 66 MARKET SIZE IN ELECTRICAL & ELECTRONICS, BY REGION, 2021–2026 (KILOTON)
TABLE 67 MARKET SIZE IN ELECTRICAL & ELECTRONICS INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.3 INDUSTRIAL
9.3.1 INCREASING DEMAND FROM TRANSFORMERS WILL DRIVE MARKET IN INDUSTRIAL SECTOR
9.3.2 MAGNET WIRE MARKET IN INDUSTRIAL SEGMENT, BY REGION
TABLE 68 MARKET SIZE IN INDUSTRIAL, BY REGION, 2017–2020 (KILOTON)
TABLE 69 MARKET SIZE IN INDUSTRIAL, BY REGION, 2017–2020 (USD MILLION)
TABLE 70 MARKET SIZE IN INDUSTRIAL, BY REGION, 2021–2026 (KILOTON)
TABLE 71 MARKET SIZE IN INDUSTRIAL, BY REGION, 2021–2026 (USD MILLION)
9.4 TRANSPORTATION
9.4.1 GROWING DEMAND FOR ELECTRIC VEHICLES IS DRIVING CONSUMPTION OF MAGNET WIRES
9.4.2 MAGNET WIRE MARKET IN TRANSPORTATION, BY REGION
TABLE 72 MARKET SIZE IN TRANSPORTATION, BY REGION, 2017–2020 (KILOTON)
TABLE 73 MARKET SIZE IN TRANSPORTATION, BY REGION, 2017–2020 (USD MILLION)
TABLE 74 MARKET SIZE IN TRANSPORTATION, BY REGION, 2021–2026 (KILOTON)
TABLE 75 MARKET SIZE IN TRANSPORTATION, BY REGION, 2021–2026 (USD MILLION)
9.5 INFRASTRUCTURE
9.5.1 ASIA PACIFIC IS BIGGEST CONSUMER OF MAGNET WIRES IN INFRASTRUCTURE INDUSTRY
9.5.2 MAGNET WIRE MARKET IN INFRASTRUCTURE, BY REGION
TABLE 76 MARKET SIZE IN INFRASTRUCTURE, BY REGION, 2017–2020 (KILOTON)
TABLE 77 MARKET SIZE IN INFRASTRUCTURE, BY REGION, 2017–2020 (USD MILLION)
TABLE 78 MARKET SIZE IN INFRASTRUCTURE, BY REGION, 2021–2026 (KILOTON)
TABLE 79 MARKET SIZE IN INFRASTRUCTURE, BY REGION, 2021–2026 (USD MILLION)
9.6 OTHERS
9.6.1 MAGNET WIRE MARKET IN OTHER INDUSTRIES, BY REGION
TABLE 80 MARKET SIZE IN OTHER INDUSTRIES, BY REGION, 2017–2020 (KILOTON)
TABLE 81 MARKET SIZE IN OTHER INDUSTRIES, BY REGION, 2017–2020 (USD MILLION)
TABLE 82 MARKET SIZE IN OTHER INDUSTRIES, BY REGION, 2021–2026 (KILOTON)
TABLE 83 MARKET SIZE IN OTHER INDUSTRIES, BY REGION, 2021–2026 (USD MILLION)
10 MAGNET WIRE MARKET, BY REGION (Page No. - 120)
10.1 INTRODUCTION
FIGURE 37 CHINA TO BE FASTEST-GROWING MAGNET WIRE MARKET DURING FORECAST PERIOD
TABLE 84 MARKET SIZE, BY REGION, 2017–2020 (KILOTON)
TABLE 85 MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
TABLE 86 MARKET SIZE, BY REGION, 2021–2026 (KILOTON)
TABLE 87 MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
10.2 NORTH AMERICA
FIGURE 38 NORTH AMERICA: MAGNET WIRE MARKET SNAPSHOT
10.2.1 NORTH AMERICA: MARKET, BY TYPE
TABLE 88 NORTH AMERICA: MARKET SIZE, BY MATERIAL TYPE, 2017–2020 (KILOTON)
TABLE 89 NORTH AMERICA: MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 90 NORTH AMERICA: MARKET SIZE, BY TYPE, 2021–2026 (KILOTON)
TABLE 91 NORTH AMERICA: MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
10.2.2 NORTH AMERICA: MARKET, BY SHAPE
TABLE 92 NORTH AMERICA: MARKET SIZE, BY SHAPE, 2017–2020 (KILOTON)
TABLE 93 NORTH AMERICA: MARKET SIZE, BY SHAPE, 2017–2020 (USD MILLION)
TABLE 94 NORTH AMERICA: MARKET SIZE, BY SHAPE, 2021–2026 (KILOTON)
TABLE 95 NORTH AMERICA: MARKET SIZE, BY SHAPE, 2021–2026 (USD MILLION)
10.2.3 NORTH AMERICA: MARKET, BY APPLICATION
TABLE 96 NORTH AMERICA: MARKET SIZE, BY APPLICATION, 2017–2020 (KILOTON)
TABLE 97 NORTH AMERICA: MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 98 NORTH AMERICA: MARKET SIZE, BY APPLICATION, 2021–2026 (KILOTON)
TABLE 99 NORTH AMERICA: MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
10.2.4 NORTH AMERICA: MARKET, BY END-USE INDUSTRY
TABLE 100 NORTH AMERICA: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
TABLE 101 NORTH AMERICA: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 102 NORTH AMERICA: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTON)
TABLE 103 NORTH AMERICA: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
10.2.5 NORTH AMERICA: MARKET, BY COUNTRY
TABLE 104 NORTH AMERICA: MAGNET WIRE MARKET SIZE, BY COUNTRY, 2017–2020 (KILOTON)
TABLE 105 NORTH AMERICA: MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 106 NORTH AMERICA: MARKET SIZE, BY COUNTRY, 2021–2026 (KILOTON)
TABLE 107 NORTH AMERICA: MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
10.2.5.1 US
10.2.5.1.1 High demand from motor application is driving market
TABLE 108 US: MAGNET WIRE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
TABLE 109 US: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 110 US: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTON)
TABLE 111 US: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
10.2.5.2 Canada
10.2.5.2.1 Electrical & electronics industry is boosting demand in Canada
TABLE 112 CANADA: MAGNET WIRE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
TABLE 113 CANADA: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 114 CANADA: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTON)
TABLE 115 CANADA: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
10.3 EUROPE
FIGURE 39 EUROPE: MAGNET WIRE MARKET SNAPSHOT
10.3.1 EUROPE: MAGNET WIRE MARKET, BY TYPE
TABLE 116 EUROPE: MARKET SIZE, BY TYPE, 2017–2020 (KILOTON)
TABLE 117 EUROPE: MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 118 EUROPE: MARKET SIZE, BY TYPE, 2021–2026 (KILOTON)
TABLE 119 EUROPE: MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
10.3.2 EUROPE: MAGNET WIRE MARKET, BY SHAPE
TABLE 120 EUROPE: MARKET SIZE, BY SHAPE, 2017–2020 (KILOTON)
TABLE 121 EUROPE: MARKET SIZE, BY SHAPE, 2017–2020 (USD MILLION)
TABLE 122 EUROPE: MARKET SIZE, BY SHAPE, 2021–2026 (KILOTON)
TABLE 123 EUROPE: MARKET SIZE, BY SHAPE, 2021–2026 (USD MILLION)
10.3.3 EUROPE: MAGNET WIRE MARKET, BY APPLICATION
TABLE 124 EUROPE: MARKET SIZE, BY APPLICATION, 2017–2020 (KILOTON)
TABLE 125 EUROPE: MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 126 EUROPE: MARKET SIZE, BY APPLICATION, 2021–2026 (KILOTON)
TABLE 127 EUROPE: MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
10.3.4 EUROPE: MAGNET WIRE MARKET, BY END-USE INDUSTRY
TABLE 128 EUROPE: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
TABLE 129 EUROPE: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 130 EUROPE: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTON)
TABLE 131 EUROPE: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
10.3.5 EUROPE: MAGNET WIRE MARKET, BY COUNTRY
TABLE 132 EUROPE: MARKET SIZE, BY COUNTRY, 2017–2020 (KILOTON)
TABLE 133 EUROPE: MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 134 EUROPE: MARKET SIZE, BY COUNTRY, 2021–2026 (KILOTON)
TABLE 135 EUROPE: MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
10.3.5.1 Germany
10.3.5.1.1 Germany is leading consumer of magnet wires in Europe
TABLE 136 GERMANY: MAGNET WIRE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
TABLE 137 GERMANY: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 138 GERMANY: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTON)
TABLE 139 GERMANY: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
10.3.5.2 France
10.3.5.2.1 Transportation industry is driving market
TABLE 140 FRANCE: MAGNET WIRE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
TABLE 141 FRANCE: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 142 FRANCE: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTON)
TABLE 143 FRANCE: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
10.3.5.3 UK
10.3.5.3.1 Growing demand for magnet wire from electric vehicles
TABLE 144 UK: MAGNET WIRE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
TABLE 145 UK: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 146 UK: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTON)
TABLE 147 UK: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
10.3.5.4 Italy
10.3.5.4.1 Transportation is major end-use industry of magnet wire
TABLE 148 ITALY: MAGNET WIRE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
TABLE 149 ITALY: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 150 ITALY: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTON)
TABLE 151 ITALY: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
10.3.5.5 Rest of Europe
TABLE 152 REST OF EUROPE: MAGNET WIRE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
TABLE 153 REST OF EUROPE: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 154 REST OF EUROPE: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTON)
TABLE 155 REST OF EUROPE: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
10.4 ASIA PACIFIC
FIGURE 40 ASIA PACIFIC: MAGNET WIRE MARKET SNAPSHOT
10.4.1 ASIA PACIFIC: MAGNET WIRE MARKET, BY TYPE
TABLE 156 ASIA PACIFIC: MARKET SIZE, BY TYPE, 2017–2020 (KILOTON)
TABLE 157 ASIA PACIFIC: MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 158 ASIA PACIFIC: MARKET SIZE, BY TYPE, 2021–2026 (KILOTON)
TABLE 159 ASIA PACIFIC: MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
10.4.2 ASIA PACIFIC: MAGNET WIRE MARKET, BY SHAPE
TABLE 160 ASIA PACIFIC: MARKET SIZE, BY SHAPE, 2017–2020 (KILOTON)
TABLE 161 ASIA PACIFIC: MARKET SIZE, BY SHAPE, 2017–2020 (USD MILLION)
TABLE 162 ASIA PACIFIC: MARKET SIZE, BY SHAPE, 2021–2026 (KILOTON)
TABLE 163 ASIA PACIFIC: MARKET SIZE, BY SHAPE, 2021–2026 (USD MILLION)
10.4.3 ASIA PACIFIC: MAGNET WIRE MARKET, BY APPLICATION
TABLE 164 ASIA PACIFIC: MARKET SIZE, BY APPLICATION, 2017–2020 (KILOTON)
TABLE 165 ASIA PACIFIC: MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 166 ASIA PACIFIC: MARKET SIZE, BY APPLICATION, 2021–2026 (KILOTON)
TABLE 167 ASIA PACIFIC: MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
10.4.4 ASIA PACIFIC: MAGNET WIRE MARKET, BY END-USE INDUSTRY
TABLE 168 ASIA PACIFIC: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
TABLE 169 ASIA PACIFIC: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 170 ASIA PACIFIC: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTON)
TABLE 171 ASIA PACIFIC: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
10.4.5 ASIA PACIFIC: MAGNET WIRE MARKET, BY COUNTRY
TABLE 172 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2017–2020 (KILOTON)
TABLE 173 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 174 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2021–2026 (KILOTON)
TABLE 175 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
10.4.5.1 China
10.4.5.1.1 China is largest consumer of magnet wires
TABLE 176 CHINA: MAGNET WIRE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
TABLE 177 CHINA: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 178 CHINA: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTON)
TABLE 179 CHINA: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
10.4.5.2 Japan
10.4.5.2.1 Presence of major magnet wire manufacturers contributes to market growth
TABLE 180 JAPAN: MAGNET WIRE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
TABLE 181 JAPAN: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 182 JAPAN: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTON)
TABLE 183 JAPAN: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
10.4.5.3 South Korea
10.4.5.3.1 Consumption of magnet wire in electrical & electronics industry is increasing
TABLE 184 SOUTH KOREA: MAGNET WIRE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
TABLE 185 SOUTH KOREA: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 186 SOUTH KOREA: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTON)
TABLE 187 SOUTH KOREA: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
10.4.5.4 India
10.4.5.4.1 Demand for copper magnet wire is growing from industrial and transportation industries
TABLE 188 INDIA: MAGNET WIRE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
TABLE 189 INDIA: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 190 INDIA: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTON)
TABLE 191 INDIA: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
10.4.5.5 Rest of Asia Pacific
TABLE 192 REST OF ASIA PACIFIC: MAGNET WIRE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
TABLE 193 REST OF ASIA PACIFIC: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 194 REST OF ASIA PACIFIC: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTON)
TABLE 195 REST OF ASIA PACIFIC: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
10.5 LATIN AMERICA
10.5.1 LATIN AMERICA: MAGNET WIRE MARKET, BY MATERIAL TYPE
TABLE 196 LATIN AMERICA: MARKET SIZE, BY TYPE, 2017–2020 (KILOTON)
TABLE 197 LATIN AMERICA: MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 198 LATIN AMERICA: MARKET SIZE, BY TYPE, 2021–2026 (KILOTON)
TABLE 199 LATIN AMERICA: MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
10.5.2 LATIN AMERICA: MAGNET WIRE MARKET, BY SHAPE
TABLE 200 LATIN AMERICA: MARKET SIZE, BY SHAPE, 2017–2020 (KILOTON)
TABLE 201 LATIN AMERICA: MARKET SIZE, BY SHAPE, 2017–2020 (USD MILLION)
TABLE 202 LATIN AMERICA: MARKET SIZE, BY SHAPE, 2021–2026 (KILOTON)
TABLE 203 LATIN AMERICA: MARKET SIZE, BY SHAPE, 2021–2026 (USD MILLION)
10.5.3 LATIN AMERICA: MAGNET WIRE MARKET, BY APPLICATION
TABLE 204 LATIN AMERICA: MARKET SIZE, BY APPLICATION, 2017–2020 (KILOTON)
TABLE 205 LATIN AMERICA: MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 206 LATIN AMERICA: MARKET SIZE, BY APPLICATION, 2021–2026 (KILOTON)
TABLE 207 LATIN AMERICA: MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
10.5.4 LATIN AMERICA: MAGNET WIRE MARKET, BY END-USE INDUSTRY
TABLE 208 LATIN AMERICA: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
TABLE 209 LATIN AMERICA: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 210 LATIN AMERICA: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTON)
TABLE 211 LATIN AMERICA: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
10.5.5 LATIN AMERICA: MAGNET WIRE MARKET, BY COUNTRY
TABLE 212 LATIN AMERICA: MARKET SIZE, BY COUNTRY, 2017–2020 (KILOTON)
TABLE 213 LATIN AMERICA: MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 214 LATIN AMERICA: MARKET SIZE, BY COUNTRY, 2021–2026 (KILOTON)
TABLE 215 LATIN AMERICA: MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
10.5.5.1 Mexico
10.5.5.1.1 Mexico is largest market in Latin America
TABLE 216 MEXICO: MAGNET WIRE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
TABLE 217 MEXICO: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 218 MEXICO: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTON)
TABLE 219 MEXICO: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
10.5.5.2 Brazil
10.5.5.2.1 Growing consumption from transportation industry is driving demand for magnet wire
TABLE 220 BRAZIL: MAGNET WIRE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
TABLE 221 BRAZIL: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 222 BRAZIL: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTON)
TABLE 223 BRAZIL: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
10.5.5.3 Argentina
10.5.5.3.1 High demand for magnet wires witnessed from electrical & electronics industry
TABLE 224 ARGENTINA: MAGNET WIRE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
TABLE 225 ARGENTINA: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 226 ARGENTINA: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTON)
TABLE 227 ARGENTINA: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
10.5.5.4 Rest of Latin America
TABLE 228 REST OF LATIN AMERICA: MAGNET WIRE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
TABLE 229 REST OF LATIN AMERICA: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 230 REST OF LATIN AMERICA: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTON)
TABLE 231 REST OF LATIN AMERICA: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
10.6 MIDDLE EAST AND AFRICA
10.6.1 MIDDLE EAST AND AFRICA: MAGNET WIRE MARKET, BY TYPE
TABLE 232 MIDDLE EAST AND AFRICA: MARKET SIZE, BY MATERIAL TYPE, 2017–2020 (KILOTON)
TABLE 233 MIDDLE EAST AND AFRICA: MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 234 MIDDLE EAST AND AFRICA: MARKET SIZE, BY TYPE, 2021–2026 (KILOTON)
TABLE 235 MIDDLE EAST AND AFRICA: MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
10.6.2 MIDDLE EAST AND AFRICA: MAGNET WIRE MARKET, BY SHAPE
TABLE 236 MIDDLE EAST AND AFRICA: MARKET SIZE, BY SHAPE, 2017–2020 (KILOTON)
TABLE 237 MIDDLE EAST AND AFRICA: MARKET SIZE, BY SHAPE, 2017–2020 (USD MILLION)
TABLE 238 MIDDLE EAST AND AFRICA: MARKET SIZE, BY SHAPE, 2021–2026 (KILOTON)
TABLE 239 MIDDLE EAST AND AFRICA: MARKET SIZE, BY SHAPE, 2021–2026 (USD MILLION)
10.6.3 MIDDLE EAST AND AFRICA: MAGNET WIRE MARKET, BY APPLICATION
TABLE 240 MIDDLE EAST AND AFRICA: MARKET SIZE, BY APPLICATION, 2017–2020 (KILOTON)
TABLE 241 MIDDLE EAST AND AFRICA: MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 242 MIDDLE EAST AND AFRICA: MARKET SIZE, BY APPLICATION, 2021–2026 (KILOTON)
TABLE 243 MIDDLE EAST AND AFRICA: MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
10.6.4 MIDDLE EAST AND AFRICA: MAGNET WIRE MARKET, BY END-USE INDUSTRY
TABLE 244 MIDDLE EAST AND AFRICA: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
TABLE 245 MIDDLE EAST AND AFRICA: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 246 MIDDLE EAST AND AFRICA: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTON)
TABLE 247 MIDDLE EAST AND AFRICA: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
10.6.5 MIDDLE EAST AND AFRICA: MAGNET WIRE MARKET, BY COUNTRY
TABLE 248 MIDDLE EAST AND AFRICA: MARKET SIZE, BY COUNTRY, 2017–2020 (KILOTON)
TABLE 249 MIDDLE EAST AND AFRICA: MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 250 MIDDLE EAST AND AFRICA: MARKET SIZE, BY COUNTRY, 2021–2026 (KILOTON)
TABLE 251 MIDDLE EAST AND AFRICA: MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
10.6.5.1 Saudi Arabia
10.6.5.1.1 Saudi Arabia is largest magnet wire market
TABLE 252 SAUDI ARABIA: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
TABLE 253 SAUDI ARABIA: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 254 SAUDI ARABIA: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTON)
TABLE 255 SAUDI ARABIA: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
10.6.5.2 UAE
10.6.5.2.1 Increasing demand from industrial application to drive market
TABLE 256 UAE: MAGNET WIRE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
TABLE 257 UAE: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 258 UAE: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTON)
TABLE 259 UAE: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
10.6.5.3 Rest of Middle East and Africa
TABLE 260 REST OF MIDDLE EAST AND AFRICA: MAGNET WIRE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)
TABLE 261 REST OF MIDDLE EAST AND AFRICA: MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 262 REST OF MIDDLE EAST AND AFRICA: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (KILOTON)
TABLE 263 REST OF MIDDLE EAST AND AFRICA: MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
11 COMPETITIVE LANDSCAPE (Page No. - 188)
11.1 INTRODUCTION
11.2 MARKET SHARE ANALYSIS
FIGURE 41 SHARE OF TOP COMPANIES IN MAGNET WIRE MARKET
TABLE 264 MAGNET WIRE MARKET: DEGREE OF COMPETITION
11.3 MARKET RANKING
FIGURE 42 RANKING OF TOP FIVE PLAYERS IN MAGNET WIRE MARKET
11.4 REVENUE ANALYSIS OF TOP MARKET PLAYERS
11.5 COMPANY EVALUATION MATRIX
TABLE 265 COMPANY PRODUCT FOOTPRINT
TABLE 266 COMPANY END-USE INDUSTRY FOOTPRINT
TABLE 267 COMPANY REGION FOOTPRINT
11.6 COMPETITIVE BENCHMARKING
TABLE 268 MAGNET WIRE MARKET: DETAILED LIST OF KEY START-UPS/SMES
TABLE 269 MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
11.7 COMPANY EVALUATION QUADRANT
11.7.1 STAR
11.7.2 PERVASIVE
11.7.3 PARTICIPANTS
11.7.4 EMERGING LEADERS
FIGURE 43 MAGNET WIRE MARKET (GLOBAL): COMPETITIVE LEADERSHIP MAPPING, 2020
11.7.5 STRENGTH OF PRODUCT PORTFOLIO
FIGURE 44 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN MAGNET WIRE MARKET
11.7.6 BUSINESS STRATEGY EXCELLENCE
FIGURE 45 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN MARKET
11.8 SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION MATRIX
11.9 START-UP/SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION MATRIX
11.9.1 PROGRESSIVE COMPANIES
11.9.2 RESPONSIVE COMPANIES
11.9.3 DYNAMIC COMPANIES
11.9.4 STARTING BLOCKS
FIGURE 46 MAGNET WIRE MARKET: SMALL AND MEDIUM-SIZED ENTERPRISES MAPPING, 2020
11.1 MARKET EVALUATION FRAMEWORK
TABLE 270 MARKET: DEALS, 2016–2021
TABLE 271 MARKET: OTHERS, 2016–2021
TABLE 272 MARKET: NEW PRODUCT DEVELOPMENT, 2016–2021
12 COMPANY PROFILES (Page No. - 201)
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1 KEY COMPANIES
12.1.1 LS CABLE & SYSTEM LTD.
TABLE 273 LS CABLE & SYSTEM LTD.: COMPANY OVERVIEW
FIGURE 47 LS CABLE & SYSTEM LTD.: COMPANY SNAPSHOT
12.1.2 FURUKAWA ELECTRIC CO. LTD.
TABLE 274 FURUKAWA ELECTRIC CO. LTD.: COMPANY OVERVIEW
FIGURE 48 FURUKAWA ELECTRIC CO. LTD.: COMPANY SNAPSHOT
12.1.3 IRCE S.P.A
TABLE 275 IRCE S.P.A: COMPANY OVERVIEW
FIGURE 49 IRCE S.P.A: COMPANY SNAPSHOT
12.1.4 SUMITOMO ELECTRIC INDUSTRIES LTD.
TABLE 276 SUMITOMO ELECTRIC INDUSTRIES LTD.: COMPANY OVERVIEW
FIGURE 50 SUMITOMO ELECTRIC INDUSTRIES LTD.: COMPANY SNAPSHOT
12.1.5 FUJIKURA LTD.
TABLE 277 FUJIKURA LTD.: COMPANY OVERVIEW
FIGURE 51 FUJIKURA LTD.: COMPANY SNAPSHOT
12.1.6 HITACHI METALS LTD.
TABLE 278 HITACHI METALS LTD.: COMPANY OVERVIEW
FIGURE 52 HITACHI METALS LTD.: COMPANY SNAPSHOT
12.1.7 VON ROLL HOLDING AG
TABLE 279 VON RON HOLDING AG.: COMPANY OVERVIEW
FIGURE 53 VON ROLL HOLDING AG.: COMPANY SNAPSHOT
12.1.8 SAMDONG CO., LTD.
TABLE 280 SAMDONG CO., LTD.: COMPANY OVERVIEW
FIGURE 54 SAMDONG CO. LTD.: COMPANY SNAPSHOT
12.1.9 TONGLING JINGDA SPECIAL MAGNET WIRE CO., LTD.
TABLE 281 TONGLING JINGDA SPECIAL MAGNET WIRES CO., LTD.: COMPANY OVERVIEW
12.1.10 LWW GROUP
TABLE 282 LWW GROUP: COMPANY OVERVIEW
FIGURE 55 LWW GROUP: COMPANY SNAPSHOT
12.1.11 REA MAGNET WIRE COMPANY INC.
TABLE 283 REA MAGNET WIRE COMPANY INC.: COMPANY OVERVIEW
12.1.12 ELEKTRISOLA
TABLE 284 ELEKTRISOLA: COMPANY OVERVIEW
12.1.13 PRECISION WIRES INDIA LIMITED
TABLE 285 PRECISION WIRES INDIA LIMITED: COMPANY OVERVIEW
FIGURE 56 PRECISION WIRES INDIA LIMITED: COMPANY SNAPSHOT
12.1.14 NINGBO JINTIAN COPPER (GROUP) CO. LTD.
TABLE 286 NINGBO JINTIAN COPPER (GROUP) CO. LTD.: COMPANY OVERVIEW
12.1.15 CONDUMEX INC.
TABLE 287 CONDUMEX INC.: COMPANY OVERVIEW
12.2 OTHER KEY PLAYERS
12.2.1 MAGNEKON
12.2.2 ROSHOW TECHNOLOGY CO., LTD.
12.2.3 EDERFIL BECKER
12.2.4 SCHWERING & HASSE ELEKTRODRAHT GMBH
12.2.5 AISLANTES CONDUCTORES ESMALTADOS Y BARNICES S.A.
12.2.6 ZML INDUSTRIES S.P.A
12.2.7 STABLE MAGNET WIRE COMPANY
12.2.8 S & W WIRE COMPANY
12.2.9 ZHENGZHOU LP CO., LTD.
12.2.10 CALIFORNIA FINE WIRE CO.
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13 APPENDIX (Page No. - 242)
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
13.3 AVAILABLE CUSTOMIZATIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
The study involved two major activities in estimating the current size of the magnet wire market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the total market size. After that, market breakdown and data triangulation procedures were used to determine the extent of market segments and sub-segments.
Secondary Research
In the secondary research process, various secondary sources such as Hoovers, Bloomberg BusinessWeek, and Factiva were referred to, to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard & silver standard websites, regulatory bodies, trade directories, and databases.
Primary Research
The magnet wire market comprises several stakeholders, such as raw material suppliers, processors, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of this market is characterized by the development of mainly the electrical & electronics, industrial, transportation, and infrastructure end-use industries. Advancements in technology and diverse applications in various end-use industries describe the supply side. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.
Following is the breakdown of primary respondents:
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the total magnet wire market. These methods were also used extensively to determine the size of various sub-segments in the market. The research methodology used to estimate the market size included the following:
- The key players in the industry and markets were identified through extensive secondary research.
- The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall magnet wire market size using the market size estimation processes as explained above, the market was split into several segments and sub-segments. To complete the whole market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides, mainly from the electrical & electronics, industrial, transportation, and infrastructure end-use industries.
Report Objectives
- To define, describe, and forecast the size of the magnet wire market, in terms of value and volume
- To provide detailed information about the key factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
- To analyze and forecast the market based on type, shape, application, and end-use industry
- To analyze and project the market based on five regions, namely, Europe, North America, Asia Pacific (APAC), the Middle East & Africa (MEA), and Latin America
- To strategically analyze the micromarkets concerning individual growth trends, prospects, and their contribution to the overall market
- To analyze the opportunities in the market for stakeholders and provide a competitive landscape for market leaders
- To strategically profile the key players and comprehensively analyze their market shares and core competencies
Available Customizations
MarketsandMarkets offers customizations according to the specific needs of the companies with the given market data.
The following customization options are available for the report:
Product Analysis
- Product matrix, which gives a detailed comparison of the product portfolio of each company
Regional Analysis
- Further breakdown of Rest of APAC magnet wire market
- Further breakdown of Rest of Europe magnet wire market
- Further breakdown of Rest of NA magnet wire market
- Further breakdown of Rest of MEA magnet wire market
- Further breakdown of Rest of Latin American magnet wire market
Company Information
- Detailed analysis and profiling of additional market players (up to 10)
Growth opportunities and latent adjacency in Magnet Wire Market