Market Overview:
The global contact wires market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for high-speed trains and metros across the globe. Additionally, rising urbanization and population are also contributing factors to the growth of this market. The global contact wires market is segmented on the basis of type, application, and region. On the basis of type, it is divided into hard drawn copper contact wire (Cu), copper silver contact wire (Cu Ag), copper tin contact wire (Cu Sn), and other types.
Product Definition:
A contact wire is a metal conductor that makes electrical contact with another metal conductor, usually the rail of a railway.
Hard Drawn Copper Contact Wire (Cu):
Hard drawn copper contact wire (Cu) is a type of electrical cable that consists of an insulated inner core covered with solid copper wires. Cu wires are used in power transmission and distribution, telecommunication, and other applications where high-temperature insulation is required. The growth factor for this market will be driven by the growing demand for electricity across the globe due to population expansion along with rapid industrialization & urbanization which will result in increasing electricity consumption over the forecast period.
Copper Silver Contact Wire (Cu Ag):
Copper silver contact wire (CuAg) is a type of electrical conductive material made up of copper and silver. It has high thermal stability, flexibility, corrosion resistance and low cost as compared to other materials such as carbon steel or aluminum & gold combination which makes it suitable for manufacturing various types of electrical contacts used in consumer electronics products such as mobile phones, computers etc.
Application Insights:
The market is segmented by application into high speed rail, metro, streetcar and others. The other application segment includes aviation, marine applications such as offshore wind turbines and ships. High speed rail dominated the overall industry in terms of revenue share in 2017 owing to increasing railway construction activities across the globe. Contact wires for high-speed railways are required to handle extreme vibrations and stress caused by rapid deceleration and acceleration of trains resulting in increased usage of these products on account of superior performance exhibited thus far.
In addition, growing demand for HVAC systems along with rising consumer awareness regarding energy efficiency is expected to drive product demand over the forecast period. Furthermore, stringent government regulations pertaining to building materials coupled with an increase in residential construction activities are anticipated to further fuel market growth over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing demand for metro and light rail vehicles as well as streetcars. In addition, growing investments in high-speed rail are anticipated to drive the regional market further.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to rising infrastructure investment coupled with increasing passenger traffic on railways.
Growth Factors:
- Increasing demand for electric vehicles
- Rising demand from the construction sector
- Growing use of contact wires in renewable energy applications
- Proliferation of smart grids and smart cities projects
- Rising demand from the telecommunications sector
Scope Of The Report
Report Attributes
Report Details
Report Title
Contact Wires Market Research Report
By Type
Hard Drawn Copper Contact Wire (Cu), Copper Silver Contact Wire (Cu Ag), Copper Tin Contact Wire (Cu Sn), Other
By Application
High Speed Rail, Metro, Streetcar, Other
By Companies
Jiangyin Electrical Alloy, Lamifil, Eland Cables, Rhomberg Rail, Siemens Mobility, La Farga, Alstom, TE Connectivity, NKT Cables, Kummler+Matter, Liljedahl Bare, Sumitomo Electric Industries, Arthur Flury AG, Fujikura, Lannen, Galland, Gaon Cable, SANWA TEKKI, CRCEBG
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Contact Wires Market Report Segments:
The global Contact Wires market is segmented on the basis of:
Types
Hard Drawn Copper Contact Wire (Cu), Copper Silver Contact Wire (Cu Ag), Copper Tin Contact Wire (Cu Sn), Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
High Speed Rail, Metro, Streetcar, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Jiangyin Electrical Alloy
- Lamifil
- Eland Cables
- Rhomberg Rail
- Siemens Mobility
- La Farga
- Alstom
- TE Connectivity
- NKT Cables
- Kummler+Matter
- Liljedahl Bare
- Sumitomo Electric Industries
- Arthur Flury AG
- Fujikura
- Lannen
- Galland
- Gaon Cable
- SANWA TEKKI
- CRCEBG
Highlights of The Contact Wires Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hard Drawn Copper Contact Wire (Cu)
- Copper Silver Contact Wire (Cu Ag)
- Copper Tin Contact Wire (Cu Sn)
- Other
- By Application:
- High Speed Rail
- Metro
- Streetcar
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Contact Wires Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Contact wires are thin metal wires that are inserted into the body to help with nerve stimulation and electrical stimulation.
Some of the key players operating in the contact wires market are Jiangyin Electrical Alloy, Lamifil, Eland Cables, Rhomberg Rail, Siemens Mobility, La Farga, Alstom, TE Connectivity, NKT Cables, Kummler+Matter, Liljedahl Bare, Sumitomo Electric Industries, Arthur Flury AG, Fujikura, Lannen, Galland, Gaon Cable, SANWA TEKKI, CRCEBG.
The contact wires market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Contact Wires Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Contact Wires Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Contact Wires Market - Supply Chain
4.5. Global Contact Wires Market Forecast
4.5.1. Contact Wires Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Contact Wires Market Size (000 Units) and Y-o-Y Growth
4.5.3. Contact Wires Market Absolute $ Opportunity
5. Global Contact Wires Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Contact Wires Market Size and Volume Forecast by Type
5.3.1. Hard Drawn Copper Contact Wire (Cu)
5.3.2. Copper Silver Contact Wire (Cu Ag)
5.3.3. Copper Tin Contact Wire (Cu Sn)
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Contact Wires Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Contact Wires Market Size and Volume Forecast by Application
6.3.1. High Speed Rail
6.3.2. Metro
6.3.3. Streetcar
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Contact Wires Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Contact Wires Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Contact Wires Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Contact Wires Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Contact Wires Demand Share Forecast, 2019-2026
9. North America Contact Wires Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Contact Wires Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Contact Wires Market Size and Volume Forecast by Application
9.4.1. High Speed Rail
9.4.2. Metro
9.4.3. Streetcar
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Contact Wires Market Size and Volume Forecast by Type
9.7.1. Hard Drawn Copper Contact Wire (Cu)
9.7.2. Copper Silver Contact Wire (Cu Ag)
9.7.3. Copper Tin Contact Wire (Cu Sn)
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Contact Wires Demand Share Forecast, 2019-2026
10. Latin America Contact Wires Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Contact Wires Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Contact Wires Market Size and Volume Forecast by Application
10.4.1. High Speed Rail
10.4.2. Metro
10.4.3. Streetcar
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Contact Wires Market Size and Volume Forecast by Type
10.7.1. Hard Drawn Copper Contact Wire (Cu)
10.7.2. Copper Silver Contact Wire (Cu Ag)
10.7.3. Copper Tin Contact Wire (Cu Sn)
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Contact Wires Demand Share Forecast, 2019-2026
11. Europe Contact Wires Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Contact Wires Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Contact Wires Market Size and Volume Forecast by Application
11.4.1. High Speed Rail
11.4.2. Metro
11.4.3. Streetcar
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Contact Wires Market Size and Volume Forecast by Type
11.7.1. Hard Drawn Copper Contact Wire (Cu)
11.7.2. Copper Silver Contact Wire (Cu Ag)
11.7.3. Copper Tin Contact Wire (Cu Sn)
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Contact Wires Demand Share, 2019-2026
12. Asia Pacific Contact Wires Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Contact Wires Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Contact Wires Market Size and Volume Forecast by Application
12.4.1. High Speed Rail
12.4.2. Metro
12.4.3. Streetcar
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Contact Wires Market Size and Volume Forecast by Type
12.7.1. Hard Drawn Copper Contact Wire (Cu)
12.7.2. Copper Silver Contact Wire (Cu Ag)
12.7.3. Copper Tin Contact Wire (Cu Sn)
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Contact Wires Demand Share, 2019-2026
13. Middle East & Africa Contact Wires Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Contact Wires Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Contact Wires Market Size and Volume Forecast by Application
13.4.1. High Speed Rail
13.4.2. Metro
13.4.3. Streetcar
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Contact Wires Market Size and Volume Forecast by Type
13.7.1. Hard Drawn Copper Contact Wire (Cu)
13.7.2. Copper Silver Contact Wire (Cu Ag)
13.7.3. Copper Tin Contact Wire (Cu Sn)
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Contact Wires Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Contact Wires Market: Market Share Analysis
14.2. Contact Wires Distributors and Customers
14.3. Contact Wires Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Jiangyin Electrical Alloy
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lamifil
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Eland Cables
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Rhomberg Rail
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Siemens Mobility
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. La Farga
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Alstom
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. TE Connectivity
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. NKT Cables
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Kummler+Matter
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Liljedahl Bare
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sumitomo Electric Industries
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Arthur Flury AG
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Fujikura
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Lannen
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Galland
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Gaon Cable
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. SANWA TEKKI
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. CRCEBG
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
