The global solid wires market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030 from USD 2.6 billion in 2018. The growth of the market can be attributed to the increasing demand for solid wires in various applications such as automotive, construction, aerospace and shipbuilding.
Copper solid wire segment is expected to dominate the global market during the forecast period due to its high demand in automotive and construction applications. Aluminum solid wire segment is expected to grow at a higher CAGR than other segments due to its high demand in aerospace and shipbuilding applications. Pb solid wire segment is projected to witness significant growth owing to its use as an alternative material for copper wire in automotive application owing to environmental regulations on copper usage for this application.
-The global Solid Wires market is expected to grow at a CAGR of 3.5% during the forecast period, 2018-2025.
-The growth of the Solid Wires market is driven by factors such as increasing demand for high voltage cables and increasing demand for low voltage cables.
Industry Growth Insights published a new data on “Solid Wires Market”. The research report is titled “Solid Wires Market research by Types (Copper Solid Wire, Aluminum Solid Wire, Pb Solid Wire, Alloy Solid Wire, Other), By Applications (Automotive, Construction, Aerospace, Shipbuilding, Other), By Players/Companies Colfax (ESAB), Illinois Tool Works (ITW), The Lincoln Electric Company, Hyundai Welding, Air Liquide, Sumitomo Electric Industries, Sandvik Materials, Harris Products Group, Ador Fontech Limited, Ador Welding, Berkenhoff GmbH, D&H Secheron, Daido Steel, Gedik Welding, Haynes International, IABCO, KEI Industries, Jiangsu ZhongJiang Welding Wire, Tianjin Bridge Welding Materials Group”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Solid Wires Market Research Report
By Type
Copper Solid Wire, Aluminum Solid Wire, Pb Solid Wire, Alloy Solid Wire, Other
By Application
Automotive, Construction, Aerospace, Shipbuilding, Other
By Companies
Colfax (ESAB), Illinois Tool Works (ITW), The Lincoln Electric Company, Hyundai Welding, Air Liquide, Sumitomo Electric Industries, Sandvik Materials, Harris Products Group, Ador Fontech Limited, Ador Welding, Berkenhoff GmbH, D&H Secheron, Daido Steel, Gedik Welding, Haynes International, IABCO, KEI Industries, Jiangsu ZhongJiang Welding Wire, Tianjin Bridge Welding Materials Group
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 Solid Wires Market Report Segments:
The global Solid Wires market is segmented on the basis of:
Types
Copper Solid Wire, Aluminum Solid Wire, Pb Solid Wire, Alloy Solid Wire, Other
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, Construction, Aerospace, Shipbuilding, 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:
- Colfax (ESAB)
- Illinois Tool Works (ITW)
- The Lincoln Electric Company
- Hyundai Welding
- Air Liquide
- Sumitomo Electric Industries
- Sandvik Materials
- Harris Products Group
- Ador Fontech Limited
- Ador Welding
- Berkenhoff GmbH
- D&H Secheron
- Daido Steel
- Gedik Welding
- Haynes International
- IABCO
- KEI Industries
- Jiangsu ZhongJiang Welding Wire
- Tianjin Bridge Welding Materials Group
Highlights of The Solid Wires 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:
- Copper Solid Wire
- Aluminum Solid Wire
- Pb Solid Wire
- Alloy Solid Wire
- Other
- By Application:
- Automotive
- Construction
- Aerospace
- Shipbuilding
- 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 Solid Wires 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.
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- Correctly Positioning New Products
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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?
Solid Wires is a new way to wire your home. It uses a patented technology that makes it easier and faster to install wiring in your home.
Some of the major players in the solid wires market are Colfax (ESAB), Illinois Tool Works (ITW), The Lincoln Electric Company, Hyundai Welding, Air Liquide, Sumitomo Electric Industries, Sandvik Materials, Harris Products Group, Ador Fontech Limited, Ador Welding, Berkenhoff GmbH, D&H Secheron, Daido Steel, Gedik Welding, Haynes International, IABCO, KEI Industries, Jiangsu ZhongJiang Welding Wire, Tianjin Bridge Welding Materials Group.
The solid wires 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. Solid Wires 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. Solid Wires Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solid Wires Market - Supply Chain
4.5. Global Solid Wires Market Forecast
4.5.1. Solid Wires Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solid Wires Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solid Wires Market Absolute $ Opportunity
5. Global Solid Wires 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. Solid Wires Market Size and Volume Forecast by Type
5.3.1. Copper Solid Wire
5.3.2. Aluminum Solid Wire
5.3.3. Pb Solid Wire
5.3.4. Alloy Solid Wire
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solid Wires 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. Solid Wires Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Construction
6.3.3. Aerospace
6.3.4. Shipbuilding
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solid Wires 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. Solid Wires 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 Solid Wires 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. Solid Wires 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 Solid Wires Demand Share Forecast, 2019-2029
9. North America Solid Wires 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 Solid Wires 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 Solid Wires Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Construction
9.4.3. Aerospace
9.4.4. Shipbuilding
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solid Wires Market Size and Volume Forecast by Type
9.7.1. Copper Solid Wire
9.7.2. Aluminum Solid Wire
9.7.3. Pb Solid Wire
9.7.4. Alloy Solid Wire
9.7.5. Other
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 Solid Wires Demand Share Forecast, 2019-2029
10. Latin America Solid Wires 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 Solid Wires 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 Solid Wires Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Construction
10.4.3. Aerospace
10.4.4. Shipbuilding
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solid Wires Market Size and Volume Forecast by Type
10.7.1. Copper Solid Wire
10.7.2. Aluminum Solid Wire
10.7.3. Pb Solid Wire
10.7.4. Alloy Solid Wire
10.7.5. Other
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 Solid Wires Demand Share Forecast, 2019-2029
11. Europe Solid Wires 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 Solid Wires 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 Solid Wires Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Construction
11.4.3. Aerospace
11.4.4. Shipbuilding
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solid Wires Market Size and Volume Forecast by Type
11.7.1. Copper Solid Wire
11.7.2. Aluminum Solid Wire
11.7.3. Pb Solid Wire
11.7.4. Alloy Solid Wire
11.7.5. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveess/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 Solid Wires Demand Share, 2019-2029
12. Asia Pacific Solid Wires 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 Solid Wires 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 Solid Wires Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Construction
12.4.3. Aerospace
12.4.4. Shipbuilding
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solid Wires Market Size and Volume Forecast by Type
12.7.1. Copper Solid Wire
12.7.2. Aluminum Solid Wire
12.7.3. Pb Solid Wire
12.7.4. Alloy Solid Wire
12.7.5. Other
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 Solid Wires Demand Share, 2019-2029
13. Middle East & Africa Solid Wires 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 Solid Wires 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 Solid Wires Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Construction
13.4.3. Aerospace
13.4.4. Shipbuilding
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Solid Wires Market Size and Volume Forecast by Type
13.7.1. Copper Solid Wire
13.7.2. Aluminum Solid Wire
13.7.3. Pb Solid Wire
13.7.4. Alloy Solid Wire
13.7.5. Other
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 Solid Wires Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Solid Wires Market: Market Share Analysis
14.2. Solid Wires Distributors and Customers
14.3. Solid Wires Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Colfax (ESAB)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Illinois Tool Works (ITW)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. The Lincoln Electric Company
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hyundai Welding
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Air Liquide
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sumitomo Electric Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sandvik Materials
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Harris Products 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. Ador Fontech Limited
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ador Welding
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Berkenhoff GmbH
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. D&H Secheron
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Daido 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. Gedik Welding
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Haynes International
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. IABCO
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. KEI Industries
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Jiangsu ZhongJiang Welding Wire
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Tianjin Bridge Welding Materials Group
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
