Magnet Wire Market By Material Type (Copper, Aluminum), Application (Transformers, Motors, Home Appliance, Reactor, Other), Industry Trends, Estimation & Forecast, 2017 - 2025

July 2018

 Pages: 185

 ERC 5195


Magnet wire market is expected to grow with a CAGR of xx% during the forecast period of 2018 to 2025.

Magnet wire is an aluminum or copper wire insulated by coating with a thin layer of insulation. Magnet wire when wrapped into a coil while being connected to a power supply produces electromagnetic field, which increases its efficiency in various electronic applications. Magnet wires are required especially in transformers along with potentiometers, motors, and any other system that involves an electromagnet, which is a key application area fueling the growth of global magnet wire market. According to Electrical India, in 2015, there were more than 300 transformer companies active in India. Fulfilling the need of these companies requires magnet wire in large quantity, which in turn increases the demand for magnet wire and propel the growth of magnet wire market. In addition, magnet wire is required in wide application areas including electronic industry for creating sound in gadgets such as headphones and speakers which is also driving the growth of the market. However, both copper and aluminum have some disadvantages, for instance, copper is costly and aluminum being cheaper than copper has high resistance to electricity which causes overheating problems and thus is hampering the growth of magnet wire market across the globe. Highly flexible and efficient square or rectangular shaped cross sections, which do not produce significant skin effect are expected to provide ample growth opportunities to market players of the global magnet wire.

The report provides detailed qualitative and quantitative analysis of the magnet wire market. Market size and forecast in terms of value and volume has been provided for the period - (2017 – 2025) for the segments namely material type, and application in each of the major regions.

Magnet Wire Market Player Analysis

The report presents detailed analysis of major players operating in magnet wire market. Few of them include Superior Essex, Sumitomo Electric, Liljedahl, Rea, Fujikura, IRCE, Magnekon, Hitachi, Condumex, Von Roll, Alconex, Elektrisola, Jingda, Shanghai Yuke, CitychampDartong. Detailed coverage on these market players with information on their revenue from magnet wire business, market share, gross margin and their growth strategies have been provided in the report.

Magnet Wire Market Segmentation

Magnet wire market is segmented on the basis of material type, application, and geography. On the basis of material type, the magnet wire market is segmented into copper and aluminum. Based on application, the market is bifurcated into transformers, motors, home appliance, reactor, and other. Geographical coverage has been provided for each of the major regions including North America, Europe, Asia-Pacific, South America and Rest of the World.

Magnet Wire Market Segmentation

By material type
By application
•Home Appliance
By geography
•North America
oRest of Europe
oRest of APAC
•South America
oRest of South America
•Rest of the World
oMiddle East

Magnet Wire Market Key Players

•Superior Essex
•Sumitomo Electric
•Von Roll
•Shanghai Yuke

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    What Information does this report contain?

    • What was the market size of the Magnet wire market in 2017 and the expected market size by 2025, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2017 - 2025)?
    • Which are the leading companies in the Magnet wire market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?

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