Global Magnet Wire Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 to 2023

Global Magnet Wire Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 to 2023

Magnet wire or enameled wire is a copper or aluminium wire coated with a very thin layer of insulation. It is used in the construction of transformers, inductors, motors, speakers, hard disk head actuators, electromagnets, and other applications that require tight coils of insulated wire.

Asia-Pacific is the dominant consumption and export country of magnet wire, the sales of magnet wire is 2093 K Unit in 2016, according about 60% of the total amount. Asia-Pacific is also the biggest production country of magnet wire, with the large amount of production in China. Europe is the second largest sales area, with the market share of 16.26% in 2016. Even though a huge space for growth in the Asia-Pacific market exists, the quality and technology should further improve.

Leading players in magnet wire industry are Superior Essex, Rea, Sumitomo Electric, Liljedahl and many Chinese manufactures. Superior Essex is the largest manufacturer, occupies about 10.92% revenue share of the market.

As large demand of high-end products at home and abroad, many companies began to enter the field of high-end. Currently, the Chinese magnet wire industry is not only begin to transit to high-end magnet wire products, while still extend in the resource-rich land and downstream industry chain.

Over the next five years, it is projected that Magnet Wire will register a 2.3% CAGR in terms of revenue, reach US$ 27200 million by 2023, from US$ 23700 million in 2017.

 

This report presents a comprehensive overview, market shares, and growth opportunities of Magnet Wire market by product type, application, key manufacturers and key regions.
 

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:

Superior Essex

Rea

Sumitomo Electric

Liljedahl

Fujikura

Hitachi

IRCE

Magnekon

Condumex

Elektrisola

Von Roll

Alconex

Jingda

Citychamp Dartong

Shanghai Yuke

Roshow Technology

Shangfeng Industrial

Tongling Copper Crown Electrical

HONGYUAN

Ronsen Super Micro-Wire

Shenmao Magnet Wire

GOLD CUP ELECTRIC

Tianjin Jing Wei Electric Wire

 

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To calculate the market size, it is considered value and volume generated from the sales of the following segments:

 

Segmentation by product type:

Copper Magnet Wire

Aluminum Magnet Wire

 

Segmentation by application:

Motors

Transformers

Home Appliance

Reactor

Others

 

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Some Points From Table of Content:

1 Scope of the Report

2 Executive Summary

3 Global Magnet Wire by Players

4 Magnet Wire by Regions

5 Americas

6 APAC

7 Europe

8 Middle East & Africa

Continued…

 

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