Market Overview:
The global copper alloy fine wire market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for copper alloy fine wires in various applications, such as the automobile industry, intelligent equipment industry, precision components and others. In terms of type, the beryllium copper wire segment is expected to hold a major share of the global copper alloy fine wire market during the forecast period. This can be attributed to its properties such as high strength-to-weight ratio and good electrical conductivity.
Product Definition:
A copper alloy is a metal made of two or more metals, where at least one of the metals is copper. The most common copper alloy by far is brass, which consists of copper and zinc. Copper alloys are used for a wide variety of purposes, including electrical wiring, coins, medals, jewelry and cookware.
Beryllium Copper Wire:
Beryllium copper wire is a special type of electrical conductor, which consists of 90% copper and 10% beryllium. It has the highest specific electric conductivity among all metals. Beryllium copper wire finds its application in high voltage switchgears, transmission lines and distribution boards as it possesses excellent mechanical strength, flexibility and ductility.
Bronze Wire:
Bronze wire and it’s usage in copper alloy fine wire market is expected to witness significant growth on account of increasing demand for electrical wires from the power sector. In addition, rising preference for low-cost electrical wires over silver based ones owing to fluctuating prices of metals is anticipated to propel the market growth over the forecast period.
Application Insights:
Automotive application segment accounted for a volume share of over 50% in 2017. Copper alloy fine wire is widely used in the automotive industry owing to its excellent mechanical, thermal and electrical properties. It is also used as an alternative to expensive materials such as gold and silver in various applications including wires, sheets, bars and rods. The rising importance of fuel economy along with environmental concerns has driven the need for lightweight materials that reduce vehicle weight without affecting driving performance or efficiency has resulted in increased copper alloy fine wire consumption in automotive applications globally.
The intelligent equipment industry includes devices like communication devices (phones), digital appliances (TVs & monitors), consumer electronics (stereos & hi-fi systems) and other niche markets like medical equipment where high precision requirements are required from components made using copper alloys fine wires. These products find their usage not only across electronic appliances but also across diverse end-use industries such as construction material, machinery component manufacturing etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Malaysia. These countries are experiencing strong economic growth owing to rapid industrialization and urbanization. Moreover, rising disposable income levels are encouraging people to opt for luxury vehicles such as electric cars or high-performance luxury cars with better safety features such as airbags and anti-lock braking systems (ABS). This trend is expected to have a positive impact on industry growth over the next eight years.
Europe accounted for a significant share of global copper alloys fine wire market in 2017 due to growing demand from major application industries across Germany, France Italy Russia Spain U.K., etc.). In addition it has been observed that European population prefers intelligent electrical appliances with low energy consumption rates along with advanced security systems installed within their homes which will further boost product demand in future years (208).
Growth Factors:
- Increasing demand from the electrical and electronics industry for copper alloy fine wire as a conductor of electricity.
- Growing demand for copper alloy fine wire in the automotive industry due to its superior properties such as strength, durability and heat resistance.
- Rising consumption of copper alloy fine wire in the construction sector for manufacturing wiring harnesses, cables and other electrical equipment.
- Rapid growth of the telecommunications sector which is driving demand for high-quality copper alloy fine wires used in making connectors, switches and other electronic components.
Scope Of The Report
Report Attributes
Report Details
Report Title
Copper Alloy Fine Wire Market Research Report
By Type
Beryllium Copper Wire, Bronze Wire, Others
By Application
Automobile Industry, Intelligent Equipment Industry, Precision Components, Others
By Companies
Materion, NGK, Isabellenhütte, Fisk Alloy, Aviva Metals, Little Falls Alloys, Scott Precision Wire, IWM International, Central Wire Industries, Luma Metall, Materion, Metals United Alloys & Fusion Products
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
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Copper Alloy Fine Wire Market Report Segments:
The global Copper Alloy Fine Wire market is segmented on the basis of:
Types
Beryllium Copper Wire, Bronze Wire, Others
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
Automobile Industry, Intelligent Equipment Industry, Precision Components, 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:
- Materion
- NGK
- Isabellenhütte
- Fisk Alloy
- Aviva Metals
- Little Falls Alloys
- Scott Precision Wire
- IWM International
- Central Wire Industries
- Luma Metall
- Materion
- Metals United Alloys & Fusion Products
Highlights of The Copper Alloy Fine 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:
- Beryllium Copper Wire
- Bronze Wire
- Others
- By Application:
- Automobile Industry
- Intelligent Equipment Industry
- Precision Components
- 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 Copper Alloy Fine 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
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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?
Copper alloy fine wire is a type of copper wire that has been treated to make it more flexible and less likely to break. It is often used in electrical applications, such as wiring in buildings or vehicles.
Some of the key players operating in the copper alloy fine wire market are Materion, NGK, Isabellenh¼tte, Fisk Alloy, Aviva Metals, Little Falls Alloys, Scott Precision Wire, IWM International, Central Wire Industries, Luma Metall, Materion, Metals United Alloys & Fusion Products.
The copper alloy fine wire 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 Copper Alloy Fine Wire 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 Copper Alloy Fine Wire Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Copper Alloy Fine Wire 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 Copper Alloy Fine Wire 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 Copper Alloy Fine Wire Market Size & Forecast, 2018-2028
4.5.1 Copper Alloy Fine Wire Market Size and Y-o-Y Growth
4.5.2 Copper Alloy Fine Wire Market Absolute $ Opportunity
Chapter 5 Global Copper Alloy Fine Wire 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 Copper Alloy Fine Wire Market Size Forecast by Type
5.2.1 Beryllium Copper Wire
5.2.2 Bronze Wire
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Copper Alloy Fine Wire 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 Copper Alloy Fine Wire Market Size Forecast by Applications
6.2.1 Automobile Industry
6.2.2 Intelligent Equipment Industry
6.2.3 Precision Components
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Copper Alloy Fine Wire 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 Copper Alloy Fine Wire 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 Copper Alloy Fine Wire Analysis and Forecast
9.1 Introduction
9.2 North America Copper Alloy Fine Wire 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 Copper Alloy Fine Wire Market Size Forecast by Type
9.6.1 Beryllium Copper Wire
9.6.2 Bronze Wire
9.6.3 Others
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 Copper Alloy Fine Wire Market Size Forecast by Applications
9.10.1 Automobile Industry
9.10.2 Intelligent Equipment Industry
9.10.3 Precision Components
9.10.4 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 Copper Alloy Fine Wire Analysis and Forecast
10.1 Introduction
10.2 Europe Copper Alloy Fine Wire 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 Copper Alloy Fine Wire Market Size Forecast by Type
10.6.1 Beryllium Copper Wire
10.6.2 Bronze Wire
10.6.3 Others
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 Copper Alloy Fine Wire Market Size Forecast by Applications
10.10.1 Automobile Industry
10.10.2 Intelligent Equipment Industry
10.10.3 Precision Components
10.10.4 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 Copper Alloy Fine Wire Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Copper Alloy Fine Wire 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 Copper Alloy Fine Wire Market Size Forecast by Type
11.6.1 Beryllium Copper Wire
11.6.2 Bronze Wire
11.6.3 Others
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 Copper Alloy Fine Wire Market Size Forecast by Applications
11.10.1 Automobile Industry
11.10.2 Intelligent Equipment Industry
11.10.3 Precision Components
11.10.4 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 Copper Alloy Fine Wire Analysis and Forecast
12.1 Introduction
12.2 Latin America Copper Alloy Fine Wire 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 Copper Alloy Fine Wire Market Size Forecast by Type
12.6.1 Beryllium Copper Wire
12.6.2 Bronze Wire
12.6.3 Others
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 Copper Alloy Fine Wire Market Size Forecast by Applications
12.10.1 Automobile Industry
12.10.2 Intelligent Equipment Industry
12.10.3 Precision Components
12.10.4 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) Copper Alloy Fine Wire Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Copper Alloy Fine Wire 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) Copper Alloy Fine Wire Market Size Forecast by Type
13.6.1 Beryllium Copper Wire
13.6.2 Bronze Wire
13.6.3 Others
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) Copper Alloy Fine Wire Market Size Forecast by Applications
13.10.1 Automobile Industry
13.10.2 Intelligent Equipment Industry
13.10.3 Precision Components
13.10.4 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 Copper Alloy Fine Wire Market: Competitive Dashboard
14.2 Global Copper Alloy Fine Wire Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Materion
14.3.2 NGK
14.3.3 Isabellenhütte
14.3.4 Fisk Alloy
14.3.5 Aviva Metals
14.3.6 Little Falls Alloys
14.3.7 Scott Precision Wire
14.3.8 IWM International
14.3.9 Central Wire Industries
14.3.10 Luma Metall
14.3.11 Materion
14.3.12 Metals United Alloys & Fusion Products
