Magnet Wire Market Segmentation:
The global magnetic wire market has been segmented on the basis of type, form, application, end-use industry, and region.
By type, the global magnetic wire market has been categorized into copper and aluminum. The copper segment was the leading type segment in 2018 owing to its excellent conductivity and breakdown potential than most other materials. In addition, it also offers superior resistance to heat, shock, moisture, and chemicals, and have lesser cross-section area as compared to aluminum.
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Based on form, the global magnetic wire market has been divided into round magnet wires, rectangular magnet wires, square magnet wire, and round bondable magnet wire. Round magnetic wires are used in a wide range of applications such as transformers, motors, and engines. Significant growth of the industrial sector in the emerging economies and rising need for energy efficiency is expected to favor the growth of the segment in the coming years.
By application, the global magnetic wire market has been classified into transformers, motors, inductors, generators, and others. The motors segment held the largest share of the application segment in 2018 and is projected to exhibit significant growth during the forecast period. This is mainly attributed to the increasing use of magnetic wire-based electric motors in the automobiles. High performance coupled with a less carbon footprint are the key benefits offered by the product in the automobiles.
Based on end-use industry, the global magnet wire market has been segmented into electrical & electronics, medical, aerospace, automotive, telecommunication, and others. The electronics & electrical industry accounted for the largest share of the market in 2018 owing to the widespread use of magnetic wires in various electronic appliances and equipment.
Competitive Analysis:
LS Cable & System Ltd (South Korea), MWS Wire Industries (US), Elektrisola (Germany), REA Magnet Wire (US), Irce SPA (Italy), Samdong Co., Ltd (South Korea), Hitachi Metals, Ltd (Japan), Tongling Jingda Special Magnet Wire Co Ltd (China), Sumitomo Electric Industries Ltd (Japan), FurUKawa Electric Co Ltd (Japan), G. K. Winding Wires Limited (India), LWW Group (Sweden), Condumex Inc (US), and Fujikura Ltd (Japan) are some of the key players in the global magnetic wire market.
Regional Analysis:
Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa are the five key regions studied for the global magnetic wire market. Asia-Pacific accounted for the largest market share of the global magnetic wire market in 2018. China is one of the major consumers of magnetic wire on account of the presence of extensive electronics manufacturing ecosystem in the country. In addition, the automotive sector in the region is witnessing significant growth which is driving demand for the product in the regional market.
TABLE OF CONTENTS:
1 Executive Summary
2 Market Introduction
2.1 Market Definition
2.2 Scope Of The Study
2.3 Assumptions & Limitations
2.4 Market Structure
2.5 Key Takeaways
3 Market Insights
4 Research Methodology
4.1 Research Process
4.2 Primary Research
4.3 Secondary Research
4.4 Market Size Estimation
4.5 Forecast Model
5 Market Dynamics
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Challenges
5.6 Trends
6 Market Factor Analysis
6.1 Supply Chain Analysis
6.1.1 Raw Material Suppliers
6.1.2 Manufacturers/Producers
6.1.3 Distributors/Retailers/Wholesalers/E-Commerce Merchants
6.1.4 End-Use Industries
6.2 Porter’s Five Forces Analysis
6.2.1 Threat Of New Entrants
6.2.2 Bargaining Power Of Buyers
6.2.3 Bargaining Power Of Suppliers
6.2.4 Threat Of Substitutes
6.2.5 Intensity Of Competitive Rivalry
6.3 Pricing Analysis
LIST OF TABLES:
Table 1 Global Magnet Wire Market, By Region, 2017–2024
Table 2 North America: Magnet Wire Market, By Country, 2017–2024
Table 3 Europe: Magnet Wire Market, By Country, 2017–2024
Table 4 Asia-Pacific: Magnet Wire Market, By Country, 2017–2024
Table 5 Middle East & Africa: Magnet Wire Market, By Country, 2017–2024
Table 5 Latin America: Magnet Wire Market, By Country, 2017–2024
Table 6 Global Magnet Wire Type Market, By Region, 2017–2024
Table 7 North America: Magnet Wire Type Market, By Country, 2017–2024
Table 8 Europe: Magnet Wire Type Market, By Country, 2017–2024
Table 10 Asia-Pacific: Magnet Wire Type Market, By Country, 2017–2024
Table 11 Middle East & Africa: Magnet Wire Type Market, By Country, 2017–2024
Table 12 Latin America: Magnet Wire Type Market, By Country, 2017–2024
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LIST OF FIGURES:
FIGURE 1 Global Magnet Wire Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Magnet Wire Market
FIGURE 4 Supply Chain Of Magnet Wire Market
FIGURE 5 Share Of Magnet Wire Market, By Country, 2018 (%)
FIGURE 5 Global Magnet Wire Market, 2017–2024
FIGURE 6 Sub-Segments Of Type
FIGURE 8 Global Magnet Wire Market Size, By Type, 2018 (%)
FIGURE 10 Share Of Magnet Wire Market, By Type, 2017–2024
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