The global flat wire market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of the market can be attributed to the increasing demand for flat wire in various applications such as automotive, medical, and power industry. The automotive sector is expected to be one of the major end-users for flat wire in the coming years due to its increasing demand for electric vehicles and hybrid vehicles. In addition, with an increase in population and urbanization rates across developing countries such as India and China, there will be an increased need for healthcare facilities which will also drive up demand for flat wires in this sector.
The steel flat wire segment accounted for a share of over 50% of total revenue generated by this market during 2017-2021. This can be attributed to its wide range of applications across various industries such as automotive, medical, power industry etc, which are driving up demand globally. Furthermore, it has been observed that steel has been used more than copper or aluminum due to its high strength properties which make it suitable for use in heavy duty applications like construction machinery or automobiles where weight is not a concern but strength is required.
North America accounted for over 40% share of total revenue generated by this market during 2017-2021 owing mainly due to high adoption rates among end users such as automobile manufacturers and healthcare providers who are investing heavily on research & development activities related with these products thereby driving up their production levels thereby leading them towards higher consumption levels too.
Some Of The Growth Factors Of This Market:
- The growth in the Flat Wire market is driven by the increasing demand for flat wire in various industries such as automotive, construction, and electrical & electronics.
- Increasing demand for flat wire in various industries such as automotive, construction, and electrical & electronics are driving the growth of the market.
- Increasing use of flat wire in various applications such as power transmission and distribution cables are also driving the growth of this market.
- The increasing use of flat wire in various applications such as power transmission and distribution cables are also driving the growth of this market.
- Growing population coupled with rising disposable income will drive up demand for Flat Wire.
Industry Growth Insights published a new data on “Flat Wire Market”. The research report is titled “Flat Wire Market research by Types (Steel Flat Wire, Copper Flat Wire, Aluminum Flat Wire), By Applications (Automotive, Medical, Power Industry, Other), By Players/Companies Bruker-Spaleck, Anordica, CWI UKÂ , Ulbrich, Waelzholz, Accurate Wire, Gibbs, Novametal Group, Radcliff Wire, Loos & Co., Armoured Wire, Fangda Special Steel, Qingdao Special Steel”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Flat Wire Market Research Report
By Type
Steel Flat Wire, Copper Flat Wire, Aluminum Flat Wire
By Application
Automotive, Medical, Power Industry, Other
By Companies
Bruker-Spaleck, Anordica, CWI UKÂ , Ulbrich, Waelzholz, Accurate Wire, Gibbs, Novametal Group, Radcliff Wire, Loos & Co., Armoured Wire, Fangda Special Steel, Qingdao Special Steel
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Flat Wire Market Report Segments:
The global Flat Wire market is segmented on the basis of:
Types
Steel Flat Wire, Copper Flat Wire, Aluminum Flat Wire
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
Automotive, Medical, Power Industry, 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:
- Bruker-Spaleck
- Anordica
- CWI UKÂ
- Ulbrich
- Waelzholz
- Accurate Wire
- Gibbs
- Novametal Group
- Radcliff Wire
- Loos & Co.
- Armoured Wire
- Fangda Special Steel
- Qingdao Special Steel
Highlights of The Flat 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:
- Steel Flat Wire
- Copper Flat Wire
- Aluminum Flat Wire
- By Application:
- Automotive
- Medical
- Power Industry
- 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 Flat 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
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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?
Flat wire is a type of electrical wiring that has been flattened into a thin, round shape. Flat wire is often used in place of traditional round wire because it is easier to work with and can be more easily concealed.
Some of the key players operating in the flat wire market are Bruker-Spaleck, Anordica, CWI UK‚Â , Ulbrich, Waelzholz, Accurate Wire, Gibbs, Novametal Group, Radcliff Wire, Loos & Co., Armoured Wire, Fangda Special Steel, Qingdao Special Steel.
The flat wire market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Flat 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. Flat Wire Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Flat Wire Market - Supply Chain
4.5. Global Flat Wire Market Forecast
4.5.1. Flat Wire Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Flat Wire Market Size (000 Units) and Y-o-Y Growth
4.5.3. Flat Wire Market Absolute $ Opportunity
5. Global Flat 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. Flat Wire Market Size and Volume Forecast by Type
5.3.1. Steel Flat Wire
5.3.2. Copper Flat Wire
5.3.3. Aluminum Flat Wire
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Flat 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. Flat Wire Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Medical
6.3.3. Power Industry
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Flat 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. Flat 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 Flat 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. Flat 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 Flat Wire Demand Share Forecast, 2019-2029
9. North America Flat 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 Flat 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 Flat Wire Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Medical
9.4.3. Power Industry
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 Flat Wire Market Size and Volume Forecast by Type
9.7.1. Steel Flat Wire
9.7.2. Copper Flat Wire
9.7.3. Aluminum Flat Wire
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 Flat Wire Demand Share Forecast, 2019-2029
10. Latin America Flat 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 Flat 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 Flat Wire Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Medical
10.4.3. Power Industry
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 Flat Wire Market Size and Volume Forecast by Type
10.7.1. Steel Flat Wire
10.7.2. Copper Flat Wire
10.7.3. Aluminum Flat Wire
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 Flat Wire Demand Share Forecast, 2019-2029
11. Europe Flat 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 Flat 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 Flat Wire Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Medical
11.4.3. Power Industry
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 Flat Wire Market Size and Volume Forecast by Type
11.7.1. Steel Flat Wire
11.7.2. Copper Flat Wire
11.7.3. Aluminum Flat Wire
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Anlysis
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 Flat Wire Demand Share, 2019-2029
12. Asia Pacific Flat 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 Flat 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 Flat Wire Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Medical
12.4.3. Power Industry
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 Flat Wire Market Size and Volume Forecast by Type
12.7.1. Steel Flat Wire
12.7.2. Copper Flat Wire
12.7.3. Aluminum Flat Wire
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 Flat Wire Demand Share, 2019-2029
13. Middle East & Africa Flat 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 Flat 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 Flat Wire Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Medical
13.4.3. Power Industry
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 Flat Wire Market Size and Volume Forecast by Type
13.7.1. Steel Flat Wire
13.7.2. Copper Flat Wire
13.7.3. Aluminum Flat Wire
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 Flat Wire Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Flat Wire Market: Market Share Analysis
14.2. Flat Wire Distributors and Customers
14.3. Flat Wire Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bruker-Spaleck
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Anordica
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CWI UK
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ulbrich
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Waelzholz
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Accurate Wire
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Gibbs
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Novametal Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Radcliff Wire
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Loos & Co.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Armoured Wire
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Fangda Special Steel
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Qingdao Special Steel
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
