The global electrical resistance wire market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 2.2 billion by 2030. The growth of this market can be attributed to the increasing demand for heating elements and resistors in various industries such as automotive, aerospace, and electronics. The demand for heat sealing packaging machines is also expected to increase due to the growing food industry in developing countries such as China and India.
The global electrical resistance wire market is segmented on the basis of type into round type and flat type; on the basis of application into heating elements, resistors, and heat sealing packaging machines; and on the basis of region into North America, Latin America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA).
Some Of The Growth Factors Of This Market:
- Increasing demand for electric vehicles and increasing use of electrical resistance wire in various industries are also some other factors that are driving this market's growth over the forecast period (2017-2025).
- Increasing use of electrical resistance wire in various industries such as automotive, construction, and others is also one of the major drivers for this market's growth over the forecast period (2017-2025) 5) Increasing demand for electric vehicles and increasing use of electrical resistance wire in various industries are also some other factors that are driving this market's growth over the forecast period (2017-2025).
Industry Growth Insights published a new data on “Electrical Resistance Wire Market”. The research report is titled “Electrical Resistance Wire Market research by Types (Round Type, Flat Type), By Applications (Heating Elements, Resistors, Heat Sealing Packaging Machines, Others), By Players/Companies Alloy Wire International, Kanthal, Knight Precision Wire, MWS Wire, TEMCo, TOKYO WIRE WORKS, LTD., Pelican Wire, Tech Spring Manufacturing Corp., HYNDMAN, Totoku Electric Co., Ltd., Argus Heating”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrical Resistance Wire Market Research Report
By Type
Round Type, Flat Type
By Application
Heating Elements, Resistors, Heat Sealing Packaging Machines, Others
By Companies
Alloy Wire International, Kanthal, Knight Precision Wire, MWS Wire, TEMCo, TOKYO WIRE WORKS, LTD., Pelican Wire, Tech Spring Manufacturing Corp., HYNDMAN, Totoku Electric Co., Ltd., Argus Heating
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Electrical Resistance Wire Market Report Segments:
The global Electrical Resistance Wire market is segmented on the basis of:
Types
Round Type, Flat Type
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
Heating Elements, Resistors, Heat Sealing Packaging Machines, Others
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:
- Alloy Wire International
- Kanthal
- Knight Precision Wire
- MWS Wire
- TEMCo
- TOKYO WIRE WORKS, LTD.
- Pelican Wire
- Tech Spring Manufacturing Corp.
- HYNDMAN
- Totoku Electric Co., Ltd.
- Argus Heating
Highlights of The Electrical Resistance Wire 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:
- Round Type
- Flat Type
- By Application:
- Heating Elements
- Resistors
- Heat Sealing Packaging Machines
- Others
- 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 Electrical Resistance Wire 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Electrical resistance wire is a type of wire that has a low electrical resistance. This makes it an ideal material for use in electrical circuits, as it allows currents to flow more easily through the wire.
Some of the major companies in the electrical resistance wire market are Alloy Wire International, Kanthal, Knight Precision Wire, MWS Wire, TEMCo, TOKYO WIRE WORKS, LTD., Pelican Wire, Tech Spring Manufacturing Corp., HYNDMAN, Totoku Electric Co., Ltd., Argus Heating.
The electrical resistance wire market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electrical Resistance Wire 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. Electrical Resistance Wire Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electrical Resistance Wire Market - Supply Chain
4.5. Global Electrical Resistance Wire Market Forecast
4.5.1. Electrical Resistance Wire Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electrical Resistance Wire Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electrical Resistance Wire Market Absolute $ Opportunity
5. Global Electrical Resistance Wire 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. Electrical Resistance Wire Market Size and Volume Forecast by Type
5.3.1. Round Type
5.3.2. Flat Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electrical Resistance Wire 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. Electrical Resistance Wire Market Size and Volume Forecast by Application
6.3.1. Heating Elements
6.3.2. Resistors
6.3.3. Heat Sealing Packaging Machines
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electrical Resistance Wire 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. Electrical Resistance Wire 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 Electrical Resistance Wire 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. Electrical Resistance Wire 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 Electrical Resistance Wire Demand Share Forecast, 2019-2026
9. North America Electrical Resistance Wire 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 Electrical Resistance Wire 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 Electrical Resistance Wire Market Size and Volume Forecast by Application
9.4.1. Heating Elements
9.4.2. Resistors
9.4.3. Heat Sealing Packaging Machines
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electrical Resistance Wire Market Size and Volume Forecast by Type
9.7.1. Round Type
9.7.2. Flat Type
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 Electrical Resistance Wire Demand Share Forecast, 2019-2026
10. Latin America Electrical Resistance Wire 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 Electrical Resistance Wire 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 Electrical Resistance Wire Market Size and Volume Forecast by Application
10.4.1. Heating Elements
10.4.2. Resistors
10.4.3. Heat Sealing Packaging Machines
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electrical Resistance Wire Market Size and Volume Forecast by Type
10.7.1. Round Type
10.7.2. Flat Type
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 Electrical Resistance Wire Demand Share Forecast, 2019-2026
11. Europe Electrical Resistance Wire 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 Electrical Resistance Wire 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 Electrical Resistance Wire Market Size and Volume Forecast by Application
11.4.1. Heating Elements
11.4.2. Resistors
11.4.3. Heat Sealing Packaging Machines
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electrical Resistance Wire Market Size and Volume Forecast by Type
11.7.1. Round Type
11.7.2. Flat Type
11.8. Basis Point Share (BPS) Analysis by ype
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 Electrical Resistance Wire Demand Share, 2019-2026
12. Asia Pacific Electrical Resistance Wire 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 Electrical Resistance Wire 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 Electrical Resistance Wire Market Size and Volume Forecast by Application
12.4.1. Heating Elements
12.4.2. Resistors
12.4.3. Heat Sealing Packaging Machines
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electrical Resistance Wire Market Size and Volume Forecast by Type
12.7.1. Round Type
12.7.2. Flat Type
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 Electrical Resistance Wire Demand Share, 2019-2026
13. Middle East & Africa Electrical Resistance Wire 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 Electrical Resistance Wire 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 Electrical Resistance Wire Market Size and Volume Forecast by Application
13.4.1. Heating Elements
13.4.2. Resistors
13.4.3. Heat Sealing Packaging Machines
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electrical Resistance Wire Market Size and Volume Forecast by Type
13.7.1. Round Type
13.7.2. Flat Type
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 Electrical Resistance Wire Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electrical Resistance Wire Market: Market Share Analysis
14.2. Electrical Resistance Wire Distributors and Customers
14.3. Electrical Resistance Wire Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alloy Wire International
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kanthal
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Knight Precision Wire
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. MWS Wire
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. TEMCo
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. TOKYO WIRE WORKS, LTD.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Pelican Wire
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tech Spring Manufacturing Corp.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. HYNDMAN
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Totoku Electric Co., Ltd.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Argus Heating
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
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
