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Magnet Wire Market- by Type (Copper, Aluminum), by Shape (Round, Square, Rectangle), by Application (Motor, Transformer, Home appliance), by End use (Electrical & Electronics, Infrastructure, Transport, Industrial sectors, Consumer goods, Industrial goods)- Global Industry Perspective Comprehensive Analysis and Forecast, 2020 - 2026

Published Date: 02-Oct-2020 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-4495 Status : Published

According to the report, global demand for Magnet Wire market was valued at approximately USD 29.2 billion in 2019, and is expected to generate revenue of around USD 38.2 billion by end of 2026, growing at a CAGR of around 3.9% % between 2020 and 2026.

Description

According to the report, global demand for Magnet Wire market was valued at approximately USD 29.2 billion in 2019, and is expected to generate revenue of around USD 38.2 billion by end of 2026, growing at a CAGR of around 3.9% % between 2020 and 2026.

Global Magnet Wire Market: Overview

Magnet wire is made up of either aluminum or copper with a thin insulation coating layer for producing electromagnetic fields when energized. The product is utilized for producing coils in myriad applications such as motors, transformers, electromagnets, inductors, hard disk head actuators, and speakers. The product is used for exchanging magnetic as well as electric energy and is available in rectangular, square, and round cross-section. The largest end-use segment of the magnet wire industry is electrical & electronics. These wires are used in different products in the electrical & electronics industry in the form of coils. For example, magnet wire is used as a coil in items such as fans, toys, trimmers, inverters, air conditioners, and other consumer electronics. In the electrical & electronics industry, the rising use of household appliances is responsible for the increased market size of magnet wire.

Global Magnet Wire Market: Growth Factors

The magnet wire market is likely to gain traction over the years to come, owing to escalating product demand in reactors, motors, home equipment, and transformers.  Apart from this, technological breakthroughs in the magnetic wire have helped in generating sounds in gadgets such as speakers, headphones, and sound bars. This will further magnify the growth of the market over the years ahead. Thriving electric & electronics sector will catalyze the growth rate of the magnet wire industry over the years to come. Nonetheless, oscillations witnessed in the raw material costs can retard the expansion of magnet wire industry. However, the rapidly evolving telecommunications sector will create new growth vistas for the magnet wire market over the years ahead. Magnet wire has also accrued massive demand across transport, automotive, infrastructure, and industrial sectors.

Global Magnet Wire Market: Segmentation

The magnet wire market can be sectored into type, shape, application, and end-use. Based on the type, the industry can be segregated into copper and aluminum. On the basis of shape, the magnet wire market is divided into round, square, and rectangle. Application wise, the magnet wire industry is classified into the motor, transformer, and home appliance. In terms of end-use, the market is divided into electrical & electronics, infrastructure, transport, and industrial sectors.

Global Magnet Wire Market: Regional Analysis

Region wise, the magnet wire market can be divided into five main regions: Europe, Latin America, North America, Asia Pacific, and the Middle East and Africa.  The Asia Pacific is projected to register lucrative growth over the coming years.  The growth of the regional market can be credited to thriving transport and electronics & electrical sectors.  Densely populated countries such as India and China are the major customers of the product in the region. The Asia Pacific is also the largest customer of magnet wires. Apart from this, magnet wire is used massively in the wind energy sector. All these aforementioned factors will contribute notably towards the regional market growth. Additionally, the presence of major product manufacturers like LS Cable & System, Samdong Company Limited, and Sumitomo Electric Industries Limited will propel the regional market growth.

North America, Europe, and Latin American markets have huge untapped growth potential and are likely to be the key business destinations for the manufacturers over the years to come.

Global Magnet Wire Market: Competitive Players

Few of the main participants in magnet wire market are IRCE S.p.A. (Italy), LS Cable & System (South Korea), Furukawa Electric Company Limited (Japan), Samdong Company Limited (South Korea), Sumitomo Electric Industries, Ltd. (Japan), LWW Group (Sweden), Elektrisola (Germany), REA Magnet Wire (U.S.), Tongling Jingda Special Magnet Wire Company Limited. (China), and Fujikura Limited (Japan).

The report segments the Global Magnet Wire market as follows:

Global Magnet Wire Market: Type Segment Analysis

  • Copper
  • Aluminum

Global Magnet Wire Market: Shape Segment Analysis

  • Round
  • Square
  • Rectangle

Global Magnet Wire Market: Application Segment Analysis

  • Motor
  • Transformer
  • Home appliance

Global Magnet Wire Market: End Use Segment Analysis

  • Electrical & Electronics
  • Infrastructure
  • Transport
  • Industrial sectors

Global Magnet Wire Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Magnet Wire Market, 2016 - 2026, (USD Billion)
    • 2.2. Magnet Wire Market: Snapshot
  • Chapter 3. Global Magnet Wire Market – Industry Analysis
    • 3.1. Magnet Wire Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Growing Market of Electric Vehicles
      • 3.2.2. High Demand from the Power Sector
    • 3.3. Restraints
      • 3.3.1. Shift Towards Compact Motors
    • 3.4. Opportunity
      • 3.4.1. Growing Demand from the APAC Region
    • 3.5. Porter’s Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis by Type segment
      • 3.6.2. Market attractiveness analysis by Shape segment
      • 3.6.3. Market attractiveness analysis by Application segment
      • 3.6.4. Market attractiveness analysis by End use segment
      • 3.6.5. Market attractiveness analysis by regional segment
  • Chapter 4. Global Magnet Wire Market - Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Magnet Wire market: company market share analysis, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Shape launches
      • 4.2.3. Agreements, partnerships, cullaborations and joint ventures
      • 4.2.4. Research and development and regional expansion
  • Chapter 5. Global Magnet Wire Market – Type Segment Analysis
    • 5.1. Global Magnet Wire market overview: by Type
      • 5.1.1. Global Magnet Wire market revenue share, by Type, 2019 and 2026
    • 5.2. Copper
      • 5.2.1. Global Magnet Wire market by Copper, 2016-2026 (USD Billion)
    • 5.3. Aluminum
      • 5.3.1. Global Magnet Wire market by Aluminum, 2016-2026 (USD Billion)
  • Chapter 6. Global Magnet Wire Market – Shape Segment Analysis
    • 6.1. Global Magnet Wire market overview: by Shape
      • 6.1.1. Global Magnet Wire market revenue share, by Shape, 2019 and 2026
    • 6.2. Round
      • 6.2.1. Global Magnet Wire market by Round, 2016-2026 (USD Billion)
    • 6.3. Square
      • 6.3.1. Global Magnet Wire market by Square, 2016-2026 (USD Billion)
    • 6.4. Rectangle
      • 6.4.1. Global Magnet Wire market by Rectangle, 2016-2026 (USD Billion)
  • Chapter 7. Global Magnet Wire Market – Application Segment Analysis
    • 7.1. Global Magnet Wire market overview: by Application
      • 7.1.1. Global Magnet Wire market revenue share, by Application, 2019 and 2026
    • 7.2. Motor
      • 7.2.1. Global Magnet Wire market by Motor, 2016-2026 (USD Billion)
    • 7.3. Transformer
      • 7.3.1. Global Magnet Wire market by Transformer, 2016-2026 (USD Billion)
    • 7.4. Home appliance
      • 7.4.1. Global Magnet Wire market by Home appliance, 2016-2026 (USD Billion)
  • Chapter 8. Global Magnet Wire Market – End use Segment Analysis
    • 8.1. Global Magnet Wire market overview: by End use
      • 8.1.1. Global Magnet Wire market revenue share, by End use, 2019 and 2026
    • 8.2. Electrical & Electronics
      • 8.2.1. Global Magnet Wire market by Electrical & Electronics, 2016-2026 (USD Billion)
    • 8.3. Infrastructure
      • 8.3.1. Global Magnet Wire market by Infrastructure, 2016-2026 (USD Billion)
    • 8.4. Transport
      • 8.4.1. Global Magnet Wire market by Transport, 2016-2026 (USD Billion)
    • 8.5. Industrial sectors
      • 8.5.1. Global Magnet Wire market by Industrial sectors, 2016-2026 (USD Billion)
  • Chapter 9. Global Magnet Wire Market - Regional Analysis
    • 9.1. Global Magnet Wire market overview: by region
      • 9.1.1. Global Magnet Wire market revenue share, by region, 2019 and 2026
    • 9.2. North America
      • 9.2.1. North America Magnet Wire market, by country, 2016-2026 (USD Billion)
      • 9.2.2. North America Magnet Wire market revenue, by Type, 2016-2026 (USD Billion)
      • 9.2.3. North America Magnet Wire market revenue, by Shape, 2016-2026 (USD Billion)
      • 9.2.4. North America Magnet Wire market revenue, by Application, 2016-2026 (USD Billion)
      • 9.2.5. North America Magnet Wire market revenue, by End use, 2016-2026 (USD Billion)
      • 9.2.6. The U.S.
        • 9.2.6.1. The U.S. Magnet Wire market revenue, by Type, 2016-2026 (USD Billion)
        • 9.2.6.2. The U.S. Magnet Wire market revenue, by Shape, 2016-2026 (USD Billion)
        • 9.2.6.3. The U.S. Magnet Wire market revenue, by Application, 2016-2026 (USD Billion)
        • 9.2.6.4. The U.S. Magnet Wire market revenue, by End use, 2016-2026 (USD Billion)
      • 9.2.7. Rest of North America
        • 9.2.7.1. Rest of North America Magnet Wire market revenue, by Type, 2016-2026 (USD Billion)
        • 9.2.7.2. Rest of North America Magnet Wire market revenue, by Shape, 2016-2026 (USD Billion)
        • 9.2.7.3. Rest of North America Magnet Wire market revenue, by Application, 2016-2026 (USD Billion)
        • 9.2.7.4. Rest of North America Magnet Wire market revenue, by End use, 2016-2026 (USD Billion)
    • 9.3. Europe
      • 9.3.1. Europe Magnet Wire market, by country, 2016-2026 (USD Billion)
      • 9.3.2. Europe Magnet Wire market revenue, by Type, 2016-2026 (USD Billion)
      • 9.3.3. Europe Magnet Wire market revenue, by Shape, 2016-2026 (USD Billion)
      • 9.3.4. Europe Magnet Wire market revenue, by Application, 2016-2026 (USD Billion)
      • 9.3.5. Europe Magnet Wire market revenue, by End use, 2016-2026 (USD Billion)
      • 9.3.6. U.K.
        • 9.3.6.1. U.K. Magnet Wire market revenue, by Type, 2016-2026 (USD Billion)
        • 9.3.6.2. U.K. Magnet Wire market revenue, by Shape, 2016-2026 (USD Billion)
        • 9.3.6.3. U.K. Magnet Wire market revenue, by Application, 2016-2026 (USD Billion)
        • 9.3.6.4. U.K. Magnet Wire market revenue, by End use, 2016-2026 (USD Billion)
      • 9.3.7. France
        • 9.3.7.1. France Magnet Wire market revenue, by Type, 2016-2026 (USD Billion)
        • 9.3.7.2. France Magnet Wire market revenue, by Shape, 2016-2026 (USD Billion)
        • 9.3.7.3. France Magnet Wire market revenue, by Application, 2016-2026 (USD Billion)
        • 9.3.7.4. France Magnet Wire market revenue, by End use, 2016-2026 (USD Billion)
      • 9.3.8. Germany
        • 9.3.8.1. Germany Magnet Wire market revenue, by Type, 2016-2026 (USD Billion)
        • 9.3.8.2. Germany Magnet Wire market revenue, by Shape, 2016-2026 (USD Billion)
        • 9.3.8.3. Germany Magnet Wire market revenue, by Application, 2016-2026 (USD Billion)
        • 9.3.8.4. Germany Magnet Wire market revenue, by End use, 2016-2026 (USD Billion)
      • 9.3.9. Rest of Europe
        • 9.3.9.1. Rest of Europe Magnet Wire market revenue, by Type, 2016-2026 (USD Billion)
        • 9.3.9.2. Rest of Europe Magnet Wire market revenue, by Shape, 2016-2026 (USD Billion)
        • 9.3.9.3. Rest of Europe Magnet Wire market revenue, by Application, 2016-2026 (USD Billion)
        • 9.3.9.4. Rest of Europe Magnet Wire market revenue, by End use, 2016-2026 (USD Billion)
    • 9.4. Asia Pacific
      • 9.4.1. Asia Pacific Magnet Wire market, by country, 2016-2026 (USD Billion)
      • 9.4.2. Asia Pacific Magnet Wire market revenue, by Type, 2016-2026 (USD Billion)
      • 9.4.3. Asia Pacific Magnet Wire market revenue, by Shape, 2016-2026 (USD Billion)
      • 9.4.4. Asia Pacific Magnet Wire market revenue, by Application, 2016-2026 (USD Billion)
      • 9.4.5. Asia Pacific Magnet Wire market revenue, by End use, 2016-2026 (USD Billion)
      • 9.4.6. China
        • 9.4.6.1. China Magnet Wire market revenue, by Type, 2016-2026 (USD Billion)
        • 9.4.6.2. China Magnet Wire market revenue, by Shape, 2016-2026 (USD Billion)
        • 9.4.6.3. China Magnet Wire market revenue, by Application, 2016-2026 (USD Billion)
        • 9.4.6.4. China Magnet Wire market revenue, by End use, 2016-2026 (USD Billion)
      • 9.4.7. Japan
        • 9.4.7.1. Japan Magnet Wire market revenue, by Type, 2016-2026 (USD Billion)
        • 9.4.7.2. Japan Magnet Wire market revenue, by Shape, 2016-2026 (USD Billion)
        • 9.4.7.3. Japan Magnet Wire market revenue, by Application, 2016-2026 (USD Billion)
        • 9.4.7.4. Japan Magnet Wire market revenue, by End use, 2016-2026 (USD Billion)
      • 9.4.8. India
        • 9.4.8.1. India Magnet Wire market revenue, by Type, 2016-2026 (USD Billion)
        • 9.4.8.2. India Magnet Wire market revenue, by Shape, 2016-2026 (USD Billion)
        • 9.4.8.3. India Magnet Wire market revenue, by Application, 2016-2026 (USD Billion)
        • 9.4.8.4. India Magnet Wire market revenue, by End use, 2016-2026 (USD Billion)
      • 9.4.9. Rest of Asia Pacific
        • 9.4.9.1. Rest of Asia Pacific Magnet Wire market revenue, by Type, 2016-2026 (USD Billion)
        • 9.4.9.2. Rest of Asia Pacific Magnet Wire market revenue, by Shape, 2016-2026 (USD Billion)
        • 9.4.9.3. Rest of Asia Pacific Magnet Wire market revenue, by Application, 2016-2026 (USD Billion)
        • 9.4.9.4. Rest of Asia Pacific Magnet Wire market revenue, by End use, 2016-2026 (USD Billion)
    • 9.5. Latin America
      • 9.5.1. Latin America Magnet Wire market, by country, 2016-2026 (USD Billion)
      • 9.5.2. Latin America Magnet Wire market revenue, by Type, 2016-2026 (USD Billion)
      • 9.5.3. Latin America Magnet Wire market revenue, by Shape, 2016-2026 (USD Billion)
      • 9.5.4. Latin America Magnet Wire market revenue, by Application, 2016-2026 (USD Billion)
      • 9.5.5. Latin America Magnet Wire market revenue, by End use, 2016-2026 (USD Billion)
      • 9.5.6. Brazil
        • 9.5.6.1. Brazil Magnet Wire market revenue, by Type, 2016-2026 (USD Billion)
        • 9.5.6.2. Brazil Magnet Wire market revenue, by Shape, 2016-2026 (USD Billion)
        • 9.5.6.3. Brazil Magnet Wire market revenue, by Application, 2016-2026 (USD Billion)
        • 9.5.6.4. Brazil Magnet Wire market revenue, by End use, 2016-2026 (USD Billion)
      • 9.5.7. Rest of Latin America
        • 9.5.7.1. Rest of Latin America Magnet Wire market revenue, by Type, 2016-2026 (USD Billion)
        • 9.5.7.2. Rest of Latin America Magnet Wire market revenue, by Shape, 2016-2026 (USD Billion)
        • 9.5.7.3. Rest of Latin America Magnet Wire market revenue, by Application, 2016-2026 (USD Billion)
        • 9.5.7.4. Rest of Latin America Magnet Wire market revenue, by End use, 2016-2026 (USD Billion)
    • 9.6. Middle East & Africa
      • 9.6.1. Middle East & Africa Magnet Wire market, 2016-2026 (USD Billion)
      • 9.6.2. Middle East & Africa Magnet Wire market revenue, by Type, 2016-2026 (USD Billion)
      • 9.6.3. Middle East & Africa Magnet Wire market revenue, by Shape, 2016-2026 (USD Billion)
      • 9.6.4. Middle East & Africa Magnet Wire market revenue, by Application, 2016-2026 (USD Billion)
      • 9.6.5. Middle East & Africa Magnet Wire market revenue, by End use, 2016-2026 (USD Billion)
  • Chapter 10. Company Profiles
    • 10.1. IRCE S.p.A..
      • 10.1.1. Overview
      • 10.1.2. Financials
      • 10.1.3. Shape Portfolio
      • 10.1.4. Business Strategy
      • 10.1.5. Recent Developments
    • 10.2. LS Cable & System
      • 10.2.1. Overview
      • 10.2.2. Financials
      • 10.2.3. Shape Portfolio
      • 10.2.4. Business Strategy
      • 10.2.5. Recent Developments
    • 10.3. Furukawa Electric Company Limited
      • 10.3.1. Overview
      • 10.3.2. Financials
      • 10.3.3. Shape Portfolio
      • 10.3.4. Business Strategy
      • 10.3.5. Recent Developments
    • 10.4. Samdong Company Limited.
      • 10.4.1. Overview
      • 10.4.2. Financials
      • 10.4.3. Shape Portfolio
      • 10.4.4. Business Strategy
      • 10.4.5. Recent Developments
    • 10.5. Sumitomo Electric Industries, Ltd
      • 10.5.1. Overview
      • 10.5.2. Financials
      • 10.5.3. Shape Portfolio
      • 10.5.4. Business Strategy
      • 10.5.5. Recent Developments
    • 10.6. LWW Group
      • 10.6.1. Overview
      • 10.6.2. Financials
      • 10.6.3. Shape Portfolio
      • 10.6.4. Business Strategy
      • 10.6.5. Recent Developments
    • 10.7. Elektrisula
      • 10.7.1. Overview
      • 10.7.2. Financials
      • 10.7.3. Shape Portfolio
      • 10.7.4. Business Strategy
      • 10.7.5. Recent Developments
    • 10.8. REA Magnet Wire
      • 10.8.1. Overview
      • 10.8.2. Financials
      • 10.8.3. Shape Portfolio
      • 10.8.4. Business Strategy
      • 10.8.5. Recent Developments
    • 10.9. Tongling Jingda Special Magnet Wire Company Limited
      • 10.9.1. Overview
      • 10.9.2. Financials
      • 10.9.3. Shape Portfolio
      • 10.9.4. Business Strategy
      • 10.9.5. Recent Developments

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