Market Overview:
The global hook-up wire market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for hook-up wires in various applications, such as security, aerospace, military, automotive field and others. In terms of type, the global hook-up wire market is segmented into first grade waterproof, secondary waterproof and three grade waterproof segments. The three grade waterproof segment is expected to grow at a highest CAGR during the forecast period from 2018 to 2030. This can be attributed to its growing demand from various end-use industries across different regions.
Product Definition:
A hook-up wire is a type of electrical wiring used in low voltage circuits, typically those below 30 volts. It is a thin copper or aluminum wire with a PVC insulation coating. Hook-up wire is used for connecting electronic components in low voltage circuits, such as circuit boards, breadboards, and point-to-point wiring. The PVC insulation protects the wire from accidental contact with other metal objects and prevents short circuiting.
First Grade Waterproof:
First grade waterproofing is the initial coating of waterproofing membrane on a wire. It’s done to increase its resistance to water and other liquids. The product is applied by spraying or rolling it on the surface of the metal or plastic, where it will be used.
Secondary Waterproof:
Secondary waterproofing is done to the surface of the substrate that is in contact with the ground. It helps protect wood or other materials from moisture that seeps through the soil and into your house. This can be a huge problem during construction, as it causes rot if not properly sealed.
The water may get in through cracks in walls, floors, and ceilings; especially if they are old or have been previously occupied.
Application Insights:
The automotive field was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Automotive manufacturers are continuously looking for ways to improve their product offerings, which has led to an increase in demand for high-tech products such as electric wires and cables. These products help reduce maintenance costs, facilitate easy installation procedures, enhance aesthetic appeal of vehicles and offer better insulation properties that help reduce heat generation within vehicles.
The security application segment is also expected to witness significant growth over the forecast period owing to increasing government expenditure on anti-crime initiatives across various regions of the world including North America, Europe & Asia Pacific. Hook-up wires are widely used in security applications as they can be easily attached or detached from hooks at will without causing any damage or noticeable wear & tear on walls or ceilings surfaces (or other structures).
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of prominent manufacturers such as Johnson Controls, Emerson Electric Co., and Furukawa Electric Co. In addition, increasing demand for smart devices has led to an increase in their installation activities which is expected to drive the product demand over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising disposable income levels and growing population especially in developing countries such as India and China. Furthermore, government initiatives encouraging people from different walks of life including scientists, engineers are contributing towards higher education leading to increased need for hook-up wires across various applications thereby driving regional market growth over the forecast period.
Europe also held a considerable share owing its major production base located in Ural Mountains Russia coupled with high aerospace manufacturing activities across European countries particularly Germany France Italy.
Growth Factors:
- Increasing demand from the automotive and electrical industries
- Growing popularity of electric vehicles
- Rising demand for miniaturized and lightweight wiring harnesses in consumer electronics
- Proliferation of smart homes and connected devices
- Stringent government regulations for safety and energy efficiency
Scope Of The Report
Report Attributes
Report Details
Report Title
Hook-up Wire Market Research Report
By Type
First Grade Waterproof, Secondary Waterproof, Three Grade Waterproof
By Application
Security, Aerospace, Military, Automotive Field, Others
By Companies
Alpha Wire, Belden Wire & Cable, TE Connectivity, Apex Tool Group, Cal Test Electronics, JKL Components, Jonard Industries, Molex, Mueller Electric, Pomona
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Hook-up Wire Market Report Segments:
The global Hook-up Wire market is segmented on the basis of:
Types
First Grade Waterproof, Secondary Waterproof, Three Grade Waterproof
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
Security, Aerospace, Military, Automotive Field, 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:
- Alpha Wire
- Belden Wire & Cable
- TE Connectivity
- Apex Tool Group
- Cal Test Electronics
- JKL Components
- Jonard Industries
- Molex
- Mueller Electric
- Pomona
Highlights of The Hook-up 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:
- First Grade Waterproof
- Secondary Waterproof
- Three Grade Waterproof
- By Application:
- Security
- Aerospace
- Military
- Automotive Field
- 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 Hook-up 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?
Hook-up wire is a type of electrical wiring used to connect two or more pieces of electronic equipment. It is typically made from copper wires that are insulated with plastic or rubber.
Some of the major players in the hook-up wire market are Alpha Wire, Belden Wire & Cable, TE Connectivity, Apex Tool Group, Cal Test Electronics, JKL Components, Jonard Industries, Molex, Mueller Electric, Pomona.
The hook-up wire market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hook-up 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. Hook-up Wire Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hook-up Wire Market - Supply Chain
4.5. Global Hook-up Wire Market Forecast
4.5.1. Hook-up Wire Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hook-up Wire Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hook-up Wire Market Absolute $ Opportunity
5. Global Hook-up 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. Hook-up Wire Market Size and Volume Forecast by Type
5.3.1. First Grade Waterproof
5.3.2. Secondary Waterproof
5.3.3. Three Grade Waterproof
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hook-up 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. Hook-up Wire Market Size and Volume Forecast by Application
6.3.1. Security
6.3.2. Aerospace
6.3.3. Military
6.3.4. Automotive Field
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hook-up 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. Hook-up 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 Hook-up 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. Hook-up 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 Hook-up Wire Demand Share Forecast, 2019-2026
9. North America Hook-up 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 Hook-up 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 Hook-up Wire Market Size and Volume Forecast by Application
9.4.1. Security
9.4.2. Aerospace
9.4.3. Military
9.4.4. Automotive Field
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hook-up Wire Market Size and Volume Forecast by Type
9.7.1. First Grade Waterproof
9.7.2. Secondary Waterproof
9.7.3. Three Grade Waterproof
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 Hook-up Wire Demand Share Forecast, 2019-2026
10. Latin America Hook-up 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 Hook-up 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 Hook-up Wire Market Size and Volume Forecast by Application
10.4.1. Security
10.4.2. Aerospace
10.4.3. Military
10.4.4. Automotive Field
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hook-up Wire Market Size and Volume Forecast by Type
10.7.1. First Grade Waterproof
10.7.2. Secondary Waterproof
10.7.3. Three Grade Waterproof
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 Hook-up Wire Demand Share Forecast, 2019-2026
11. Europe Hook-up 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 Hook-up 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 Hook-up Wire Market Size and Volume Forecast by Application
11.4.1. Security
11.4.2. Aerospace
11.4.3. Military
11.4.4. Automotive Field
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hook-up Wire Market Size and Volume Forecast by Type
11.7.1. First Grade Waterproof
11.7.2. Secondary Waterproof
11.7.3. Three Grade Waterproof
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections b 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 Hook-up Wire Demand Share, 2019-2026
12. Asia Pacific Hook-up 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 Hook-up 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 Hook-up Wire Market Size and Volume Forecast by Application
12.4.1. Security
12.4.2. Aerospace
12.4.3. Military
12.4.4. Automotive Field
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hook-up Wire Market Size and Volume Forecast by Type
12.7.1. First Grade Waterproof
12.7.2. Secondary Waterproof
12.7.3. Three Grade Waterproof
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 Hook-up Wire Demand Share, 2019-2026
13. Middle East & Africa Hook-up 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 Hook-up 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 Hook-up Wire Market Size and Volume Forecast by Application
13.4.1. Security
13.4.2. Aerospace
13.4.3. Military
13.4.4. Automotive Field
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hook-up Wire Market Size and Volume Forecast by Type
13.7.1. First Grade Waterproof
13.7.2. Secondary Waterproof
13.7.3. Three Grade Waterproof
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 Hook-up Wire Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hook-up Wire Market: Market Share Analysis
14.2. Hook-up Wire Distributors and Customers
14.3. Hook-up Wire Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alpha Wire
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Belden Wire & Cable
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TE Connectivity
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Apex Tool Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Cal Test Electronics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. JKL Components
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Jonard Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Molex
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Mueller Electric
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Pomona
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
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
