Global Magnet Wire Market, By Product Type (Copper Magnet Wire and Aluminum Magnet Wire), By Application (Motors, Transformers, Home Appliance, Reactor, and Others) Global Magnet Wire Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2019-2025

Global Magnet Wire Market: Overview

Global Magnet Wire market is estimated to reach $39.4 Billion by 2025; growing at a CAGR of 5.3% till 2025.

Magnet wire/winding wire is an insulated copper or aluminum electrical conductor used in motors, transformers and other electromagnetic equipment. 90 percent of all electrical energy requires modification using magnet. From high-voltage transformers to cellphones, magnet wire is used everywhere. When wound into a coil and energized, magnet wire creates an electromagnetic field.

Global Magnet Wire Market: Growth Factors

Surging demand from electric vehicles and huge adoption owing to rising demand for motors, transformers, and reactors among others are key driving factors of the market. However, consumers inclination towards compact motors and fluctuating cost of raw material such as copper and aluminum might hamper the market growth. Further, growing telecommunication industry and robust demand form the Asia-Pacific region would provide lucrative opportunities for the market in coming years.

Global Magnet Wire Market: Segmentation

The global magnet wire market is mainly classified based on product type and application. Based on product type, the market is further segmented into copper magnet wire and aluminum magnet wire. By application, the market is divided into motors, transformers, home appliance, reactor, and others.

Global Magnet Wire Market: Regional Analysis

Based on geography, the global Magnet Wire market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

Global Magnet Wire Market: Competitive Players

Key players operating in the market include Alconex, Citychamp Dartong, Condumex, Elektrisola, Fujikura, Hitachi, IRCE, Jingda, Liljedahl, Magnekon, Rea, Shanghai Yuke, Sumitomo Electric, Superior Essex, and Von Roll among others.

Magnet Wire Market Key Segments:

By Product Type

• Copper Magnet Wire
• Aluminum Magnet Wire

By Application

• Motors
• Transformers
• Home Appliance
• Reactor
• Others

By Geography

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • U.K
  • Germany
  • France
  • Italy
  • Rest of Europe
• Asia Pacific
  • India
  • China
  • Japan
  • South Korea
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • GCC Countries
  • Egypt
  • South Africa
  • Rest of Middle East & Africa

Table of Content

1. Market Introduction
1.1. Executive Summary
1.2. Market Definition
1.3. Market Scope

2. Research Methodology
2.1. Primary Research
2.2. Research Methodology
2.3. Assumptions & Exclusions
2.4. Secondary data sources

3. Magnet Wire Market Overview
3.1. Report Segmentation & Scope
3.2. Key Market Trend
3.3. Drivers
3.3.1. Surging demand from electric vehicles
3.3.2. Huge adoption owing to rising demand for motors, transformers, and reactors among others
3.4. Restraints
3.4.1. Consumers inclination towards compact motors
3.4.2. The fluctuating cost of raw material such as copper and aluminum
3.5. Opportunities
3.5.1. Growing telecommunication industry
3.5.2. Robust demand form the Asia-Pacific region
3.6. Porter’s Five Forces Analysis
3.6.1. Porter’s Five Forces Analysis
3.7. Market Share Analysis

4. Product Type Overview
4.1. Introduction
4.1.1. Market Size & Forecast
4.2. Copper Magnet Wire
4.2.1. Market Size & Forecast
4.3. Aluminum Magnet Wire
4.3.1. Market Size & Forecast

5. Application Overview
5.1. Introduction
5.1.1. Market Size & Forecast
5.2. Motors
5.2.1. Market Size & Forecast
5.3. Transformers
5.3.1. Market Size & Forecast
5.4. Home Appliance
5.4.1. Market Size & Forecast
5.5. Reactor
5.5.1. Market Size & Forecast
5.6. Others
5.6.1. Market Size & Forecast

6. Magnet Wire Market Regional Overview
6.1. Introduction
6.1.1. Market Size & Forecast
6.2. North America Magnet Wire Market
6.2.1. North America Market Size & Forecast, By Country
6.2.2. North America Market Size & Forecast, By Product Type
6.2.3. North America Market Size & Forecast, By Application
6.2.4. The U.S.
6.2.4.1. Market Size and Forecast
6.2.5. Canada
6.2.5.1. Market Size and Forecast
6.2.6. Mexico
6.2.6.1. Market Size and Forecast
6.3. Europe Magnet Wire Market
6.3.1. Europe Market Size & Forecast, By Country
6.3.2. Europe Market Size & Forecast, By Product Type
6.3.3. Europe Market Size & Forecast, By Application
6.3.4. Germany
6.3.4.1. Market Size and Forecast
6.3.5. France
6.3.5.1. Market Size and Forecast
6.3.6. UK
6.3.6.1. Market Size and Forecast
6.3.7. Italy
6.3.7.1. Market Size and Forecast
6.3.8. Spain
6.3.8.1. Market Size and Forecast
6.3.9. Rest of Europe
6.3.9.1. Market Size and Forecast
6.4. Asia-Pacific Magnet Wire Market
6.4.1. Asia-Pacific Market Size & Forecast, By Country
6.4.2. Asia-Pacific Market Size & Forecast, By Product Type
6.4.3. Asia-Pacific Market Size & Forecast, By Application
6.4.4. Japan
6.4.4.1. Market Size and Forecast
6.4.5. China
6.4.5.1. Market Size and Forecast
6.4.6. Australia
6.4.6.1. Market Size and Forecast
6.4.7. India
6.4.7.1. Market Size and Forecast
6.4.8. South Korea
6.4.8.1. Market Size and Forecast
6.4.9. Rest of Asia-Pacific
6.4.9.1. Market Size and Forecast
6.5. South America Magnet Wire Market
6.5.1. South America Market Size & Forecast, By Country
6.5.2. South America Market Size & Forecast, By Product Type
6.5.3. South America Market Size & Forecast, By Application
6.5.4. Brazil
6.5.4.1. Market Size and Forecast
6.5.5. Argentina
6.5.5.1. Market Size and Forecast
6.5.6. Rest of South America
6.5.6.1. Market Size and Forecast
6.6. Middle East & Africa Magnet Wire Market
6.6.1. Middle East & Africa Market Size & Forecast, By Country
6.6.2. Middle East & Africa Market Size & Forecast, By Product Type
6.6.3. Middle East & Africa Market Size & Forecast, By Application
6.6.4. GCC Countries
6.6.4.1. Market Size and Forecast
6.6.5. Egypt
6.6.5.1. Market Size and Forecast
6.6.6. South Africa
6.6.6.1. Market Size and Forecast
6.6.7. Rest of Middle East & Africa
6.6.7.1. Market Size and Forecast

7. Company Profile
7.1. Alconex
7.1.1. Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.1.2. Alconex Product Category, Application, and Specification
7.1.3. Alconex Financial Performance (2016-2018)
7.1.4. Main Business/Business Overview
7.2. Citychamp Dartong
7.3. Condumex
7.4. Elektrisola
7.5. Fujikura
7.6. Hitachi
7.7. IRCE
7.8. Jingda
7.9. Liljedahl
7.10. Magnekon
7.11. Rea
7.12. Shanghai Yuke
7.13. Sumitomo Electric
7.14. Superior Essex
7.15. Von Roll

Key Market Players

• Alconex
• Citychamp Dartong
• Condumex
• Elektrisola
• Fujikura
• Hitachi
• IRCE
• Jingda
• Liljedahl
• Magnekon
• Rea
• Shanghai Yuke
• Sumitomo Electric
• Superior Essex
• Von Roll