Market Overview:
The global bare copper conductor 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 bare copper conductors from the automotive, aerospace, energy sectors, and chemicals industries. Additionally, the growing demand for electronics and electrical equipment is also contributing to the growth of this market. Asia Pacific is expected to be the fastest-growing region during the forecast period.
Product Definition:
A bare copper conductor is a metal wire or cable that consists of an uninsulated copper conductor. This type of conductor is used in a variety of applications, including electrical wiring, power transmission and electronics. Bare copper conductors are also commonly used as the primary component in coaxial cables.
Soft Drawn:
Soft drawn copper conductor (SDC) is a low-cost and widely used material in the industry. It has several advantages over solid or semi-solid materials such as flexibility, easy fabrication, and superior electrical performance. SDCs are made from copper wire that has been extruded into thin wires of uniform diameter.
Medium Hard Drawn:
Medium hard drawn copper conductor (MHC) is a type of copper conductor which has lower electrical resistivity than standard heavy hard drawn copper conductor (HHD). The main difference between the two types of conductors is that MHC have higher cross-sectional area and lower average grain size. As a result, they can carry current at higher temperatures than HHD.
The global bare copperConductor market was valued at USD 2,37 billion in 2016.
Application Insights:
The automotive segment accounted for a revenue share of more than 40% in 2017. The use of copper conductors in the automotive industry is gaining traction owing to its superior electrical properties such as flexibility, durability and low cost. Moreover, increasing demand for electric vehicles is expected to propel the growth over the forecast period.
Aerospace application was estimated to be one of the fastest growing segments with a CAGR exceeding 7% from 2018 to 2030 on account of rising demand for aircraft due to rapid urbanization and population growth coupled with an increase in per capita income levels across countries such as India and China. Copper offers high strength at a reasonable weight which makes it suitable for aerospace applications including wires, cables, stringers & trays etc.
Copper offers excellent thermal & electrical conductivity which makes it suitable across multiple sectors including energy where it finds extensive usage namely power generation plants along with transmission & distribution lines among others.
Regional Analysis:
Asia Pacific dominated the global bare copper conductor market in 2016 and is expected to continue its dominance over the forecast period. The region’s growth can be attributed to increasing industrialization, especially in China and India. In addition, rising investments in infrastructure development are projected to fuel demand for Bare Copper Conductor (BCC) across Asia Pacific over the forecast period.
The U.S., as well as other countries of North America such as Canada and Mexico, are major consumers of BCC owing to their high electrical & electronics industry growth rate coupled with an increase in manufacturing facilities set up by various multinational companies including Boeing Co.; General Electric; Honeywell International Inc.; Lockheed Martin Corporation; United Technologies; Emerson Electric Co.; Caterpillar Inc.; Kistler Instrumente AG & Co.
Growth Factors:
- Increasing demand from the electrical and electronics industry for bare copper conductor as a result of the growth in these industries.
- Rising demand for renewable energy sources, such as solar and wind power, which require bare copper conductors for wiring and other applications.
- Growing infrastructure development in emerging markets, such as China and India, which is resulting in increased demand for bare copper conductor products.
- Increasing use of bare copper conductors in automobiles due to their lighter weight compared to other types of metal conductors used in vehicles today.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bare Copper Conductor Market Research Report
By Type
Soft Drawn, Medium Hard Drawn, Hard Drawn
By Application
Automotive, Aerospace, Energy Sectors, Chemicals, Electronics, Others
By Companies
Vimlesh Industries, Republic Wire, Eastern Copper, IWG Copper, Ganpati Wires, Perfect Wire Industries, Chandra Group, Slimlites Electricals Pvt. Ltd, Eland Cables, Jalan Wires, Vimlesh Industries, MWS Wire, A.G. Conductors, American Bare Conductor, Custom Cable Corp, Alan Wire Company
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Bare Copper Conductor Market Report Segments:
The global Bare Copper Conductor market is segmented on the basis of:
Types
Soft Drawn, Medium Hard Drawn, Hard Drawn
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, Aerospace, Energy Sectors, Chemicals, Electronics, 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:
- Vimlesh Industries
- Republic Wire
- Eastern Copper
- IWG Copper
- Ganpati Wires
- Perfect Wire Industries
- Chandra Group
- Slimlites Electricals Pvt. Ltd
- Eland Cables
- Jalan Wires
- Vimlesh Industries
- MWS Wire
- A.G. Conductors
- American Bare Conductor
- Custom Cable Corp
- Alan Wire Company
Highlights of The Bare Copper Conductor 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:
- Soft Drawn
- Medium Hard Drawn
- Hard Drawn
- By Application:
- Automotive
- Aerospace
- Energy Sectors
- Chemicals
- Electronics
- 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 Bare Copper Conductor 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
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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?
Bare copper conductor is a type of wire used in electrical wiring. It has no insulation, so it is susceptible to corrosion and can be dangerous if touched.
Some of the key players operating in the bare copper conductor market are Vimlesh Industries, Republic Wire, Eastern Copper, IWG Copper, Ganpati Wires, Perfect Wire Industries, Chandra Group, Slimlites Electricals Pvt. Ltd, Eland Cables, Jalan Wires, Vimlesh Industries, MWS Wire, A.G. Conductors, American Bare Conductor, Custom Cable Corp, Alan Wire Company.
The bare copper conductor market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bare Copper Conductor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bare Copper Conductor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bare Copper Conductor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bare Copper Conductor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bare Copper Conductor Market Size & Forecast, 2018-2028
4.5.1 Bare Copper Conductor Market Size and Y-o-Y Growth
4.5.2 Bare Copper Conductor Market Absolute $ Opportunity
Chapter 5 Global Bare Copper Conductor Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bare Copper Conductor Market Size Forecast by Type
5.2.1 Soft Drawn
5.2.2 Medium Hard Drawn
5.2.3 Hard Drawn
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bare Copper Conductor Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bare Copper Conductor Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Aerospace
6.2.3 Energy Sectors
6.2.4 Chemicals
6.2.5 Electronics
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bare Copper Conductor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bare Copper Conductor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bare Copper Conductor Analysis and Forecast
9.1 Introduction
9.2 North America Bare Copper Conductor Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bare Copper Conductor Market Size Forecast by Type
9.6.1 Soft Drawn
9.6.2 Medium Hard Drawn
9.6.3 Hard Drawn
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bare Copper Conductor Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Aerospace
9.10.3 Energy Sectors
9.10.4 Chemicals
9.10.5 Electronics
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bare Copper Conductor Analysis and Forecast
10.1 Introduction
10.2 Europe Bare Copper Conductor Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bare Copper Conductor Market Size Forecast by Type
10.6.1 Soft Drawn
10.6.2 Medium Hard Drawn
10.6.3 Hard Drawn
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bare Copper Conductor Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Aerospace
10.10.3 Energy Sectors
10.10.4 Chemicals
10.10.5 Electronics
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bare Copper Conductor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bare Copper Conductor Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bare Copper Conductor Market Size Forecast by Type
11.6.1 Soft Drawn
11.6.2 Medium Hard Drawn
11.6.3 Hard Drawn
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bare Copper Conductor Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Aerospace
11.10.3 Energy Sectors
11.10.4 Chemicals
11.10.5 Electronics
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bare Copper Conductor Analysis and Forecast
12.1 Introduction
12.2 Latin America Bare Copper Conductor Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bare Copper Conductor Market Size Forecast by Type
12.6.1 Soft Drawn
12.6.2 Medium Hard Drawn
12.6.3 Hard Drawn
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bare Copper Conductor Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Aerospace
12.10.3 Energy Sectors
12.10.4 Chemicals
12.10.5 Electronics
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bare Copper Conductor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bare Copper Conductor Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bare Copper Conductor Market Size Forecast by Type
13.6.1 Soft Drawn
13.6.2 Medium Hard Drawn
13.6.3 Hard Drawn
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bare Copper Conductor Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Aerospace
13.10.3 Energy Sectors
13.10.4 Chemicals
13.10.5 Electronics
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bare Copper Conductor Market: Competitive Dashboard
14.2 Global Bare Copper Conductor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Vimlesh Industries
14.3.2 Republic Wire
14.3.3 Eastern Copper
14.3.4 IWG Copper
14.3.5 Ganpati Wires
14.3.6 Perfect Wire Industries
14.3.7 Chandra Group
14.3.8 Slimlites Electricals Pvt. Ltd
14.3.9 Eland Cables
14.3.10 Jalan Wires
14.3.11 Vimlesh Industries
14.3.12 MWS Wire
14.3.13 A.G. Conductors
14.3.14 American Bare Conductor
14.3.15 Custom Cable Corp
14.3.16 Alan Wire Company
