Market Overview:
The global winding wire market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the winding wire market can be attributed to the increasing demand for copper and aluminum wires in various applications such as energy, construction, industrial, and communications. Asia Pacific is expected to be the fastest-growing region during the forecast period.
Product Definition:
A wire that is wound around a core to create an electromagnetic field. Winding wire is important for creating electromagnets and motors.
Copper:
Copper is a metal and has the ability to be easily bent, shaped, and wound. It also has high electrical & thermal conductivity which makes it very useful in the wire industry. The copper used in winding wire applications ranges from 0.8mm to 1.2mm thick depending on power requirements of the project as well as cost factor involved in procurement of materials for making windings (copper or aluminum).
Aluminum:
Aluminum is a metal and has the highest electrical resistance among all metals. It also has a high melting point, which makes it useful in various industries. The aluminum industry is growing at a steady pace owing to its increasing demand from the automotive industry and construction sector.
The aluminum content in winding wire market is used for manufacturing electric motors, transmission belts, hydraulic systems & pump components, aerospace parts & equipment including aircraft frames.
Application Insights:
The energy segment dominated the global winding wire market in 2017, accounting for over 40% of the overall revenue. The segment is expected to witness significant growth owing to increasing demand for electricity generation from renewable sources, such as solar and wind. Moreover, technological advancements in copper and aluminum types are expected to increase their application scope in future years.
Construction was the second largest application segment of global winding wires market and accounted for a share of around 19% by revenue in 2017. Increasing construction activities across various regions coupled with rising consumer disposable income levels has boosted product demand globally. Construction is one of the leading end-use industries globally which provides numerous opportunities for manufacturers based on construction materials (steel) or equipment (wind turbines).
Regional Analysis:
The wind energy market in the U.S. is expected to grow significantly over the forecast period, which is likely to drive demand for winding wire in North America. In addition, growing construction and industrial activities are anticipated to propel demand for winding wire over the next eight years.
Asia Pacific accounted for a volume share of 23% in 2017 owing to high product penetration by Chinese manufacturers such as Midea Group and Haier Group at home as well as across several emerging economies including India, Indonesia, Vietnam among others due to low labor costs coupled with government support aimed at promoting domestic manufacturing activities within respective countries has emerged favorably for industry participants operating within this region since past few years.
Europe was estimated at USD X billion in 2017.
Growth Factors:
- Increasing demand from the electrical and electronics industry for windings wire is expected to drive the market growth.
- Rising demand for miniaturization in electronic devices is also anticipated to fuel the market growth over the forecast period.
- Growing popularity of electric vehicles is another key factor that would propel the demand for windings wire in near future.
- Stringent government regulations pertaining to energy efficiency are likely to create new opportunities for Winding Wire market players in coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Winding Wire Market Research Report
By Type
Copper, Aluminum
By Application
Energy, Construction, Industrial, Communications
By Companies
Sumitomo Electric Industries, General Cable Technologies, Superior Essex, REA, SYNFLEX, FE Magnet Wire (M) Sdn Bhd, G.K. Winding Wires, Polycab, LWW Group, ELSEWEDY ELECTRIC, Vimlesh Industries
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Winding Wire Market Report Segments:
The global Winding Wire market is segmented on the basis of:
Types
Copper, Aluminum
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
Energy, Construction, Industrial, Communications
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:
- Sumitomo Electric Industries
- General Cable Technologies
- Superior Essex
- REA
- SYNFLEX
- FE Magnet Wire (M) Sdn Bhd
- G.K. Winding Wires
- Polycab
- LWW Group
- ELSEWEDY ELECTRIC
- Vimlesh Industries
Highlights of The Winding 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:
- Copper
- Aluminum
- By Application:
- Energy
- Construction
- Industrial
- Communications
- 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 Winding 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?
Winding wire is a type of wire used in electrical wiring. It is made up of a number of thin wires that are twisted together.
Some of the key players operating in the winding wire market are Sumitomo Electric Industries, General Cable Technologies, Superior Essex, REA, SYNFLEX, FE Magnet Wire (M) Sdn Bhd, G.K. Winding Wires, Polycab, LWW Group, ELSEWEDY ELECTRIC, Vimlesh Industries.
The winding wire market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Winding 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. Winding Wire Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Winding Wire Market - Supply Chain
4.5. Global Winding Wire Market Forecast
4.5.1. Winding Wire Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Winding Wire Market Size (000 Units) and Y-o-Y Growth
4.5.3. Winding Wire Market Absolute $ Opportunity
5. Global Winding 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. Winding Wire Market Size and Volume Forecast by Type
5.3.1. Copper
5.3.2. Aluminum
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Winding 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. Winding Wire Market Size and Volume Forecast by Application
6.3.1. Energy
6.3.2. Construction
6.3.3. Industrial
6.3.4. Communications
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Winding 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. Winding 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 Winding 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. Winding 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 Winding Wire Demand Share Forecast, 2019-2026
9. North America Winding 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 Winding 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 Winding Wire Market Size and Volume Forecast by Application
9.4.1. Energy
9.4.2. Construction
9.4.3. Industrial
9.4.4. Communications
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Winding Wire Market Size and Volume Forecast by Type
9.7.1. Copper
9.7.2. Aluminum
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 Winding Wire Demand Share Forecast, 2019-2026
10. Latin America Winding 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 Winding 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 Winding Wire Market Size and Volume Forecast by Application
10.4.1. Energy
10.4.2. Construction
10.4.3. Industrial
10.4.4. Communications
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Winding Wire Market Size and Volume Forecast by Type
10.7.1. Copper
10.7.2. Aluminum
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 Winding Wire Demand Share Forecast, 2019-2026
11. Europe Winding 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 Winding 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 Winding Wire Market Size and Volume Forecast by Application
11.4.1. Energy
11.4.2. Construction
11.4.3. Industrial
11.4.4. Communications
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Winding Wire Market Size and Volume Forecast by Type
11.7.1. Copper
11.7.2. Aluminum
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by 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 Winding Wire Demand Share, 2019-2026
12. Asia Pacific Winding 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 Winding 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 Winding Wire Market Size and Volume Forecast by Application
12.4.1. Energy
12.4.2. Construction
12.4.3. Industrial
12.4.4. Communications
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Winding Wire Market Size and Volume Forecast by Type
12.7.1. Copper
12.7.2. Aluminum
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 Winding Wire Demand Share, 2019-2026
13. Middle East & Africa Winding 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 Winding 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 Winding Wire Market Size and Volume Forecast by Application
13.4.1. Energy
13.4.2. Construction
13.4.3. Industrial
13.4.4. Communications
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Winding Wire Market Size and Volume Forecast by Type
13.7.1. Copper
13.7.2. Aluminum
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 Winding Wire Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Winding Wire Market: Market Share Analysis
14.2. Winding Wire Distributors and Customers
14.3. Winding Wire Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sumitomo Electric Industries
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. General Cable Technologies
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Superior Essex
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. REA
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SYNFLEX
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. FE Magnet Wire (M) Sdn Bhd
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. G.K. Winding Wires
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Polycab
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. LWW Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ELSEWEDY ELECTRIC
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Vimlesh Industries
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
