Press release
Global Copper Magnet Wire Market Size Is Projected To Reach US$ 26970 Million By 2027, From US$ 23010 Million In 2020, At A CAGR Of 2.5% During 2021-2027
Copper magnet wire coated with a very thin insulating layer. It is used to construct transformers, inductors, motors, speakers, hard disk head actuators, electromagnets and other applications that require tight coil insulation. The wire itself is usually fully annealed electrolytically refined copper. China is the largest Copper Magnet Wire market with about 42% market share. Europe is follower, accounting for about 21% market share. The key players are Superior Essex, Jingda, Sumitomo Electric, Rea, Citychamp Dartong, Tongling Copper Crown Electrical, Liljedahl, Shanghai Yuke, IRCE, Shangfeng Industrial, Roshow Technology, Hitachi, SWCC, Elektrisola, HONGYUAN, Ronsen Super Micro-Wire, Magnekon, Condumex, GOLD CUP ELECTRIC, Shenmao Magnet Wire, Tianjin Jing Wei Electric Wire, Von Roll etc. Top 3 companies occupied about 16% market share. Market Analysis and Insights: Global Copper Magnet Wire Market The global Copper Magnet Wire market size is projected to reach US$ 26970 million by 2027, from US$ 23010 million in 2020, at a CAGR of 2.5% during 2021-2027.
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The Essential Content Covered in the Global Copper Magnet Wire Market Report :
* Top Key Company Profiles.
* Main Business and Rival Information
* SWOT Analysis and PESTEL Analysis
* Production, Sales, Revenue, Price and Gross Margin
* Market Share and Size
Top Players of Copper Magnet Wire Market are Studied: Superior Essex, Jingda, Sumitomo Electric, Rea, Citychamp Dartong, Tongling Copper Crown Electrical, Liljedahl, Shanghai Yuke, IRCE, Shangfeng Industrial, Roshow Technology, Hitachi, SWCC, Elektrisola, HONGYUAN, Ronsen Super Micro-Wire, Magnekon, Condumex, GOLD CUP ELECTRIC, Shenmao Magnet Wire, Tianjin Jing Wei Electric Wire, Von Roll
The report provides a 6-year forecast (2021-2027) assessed based on how the Copper Magnet Wire market is predicted to grow in major regions like USA, Europe, Japan, China, India, Southeast Asia, South America, South Africa, Others.
Segmentation by Type: Round Magnet Wire, Flat Magnet Wire, In 2018, Round Magnet Wire accounted for a major share of 67% in the global Copper Magnet Wire market. And this product segment is poised to reach 15901 M USD by 2025 from 2332 M USD in 2019.
Segmentation by Application: Motors, Transformers, Home Appliance, Reactor, Others
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Reasons to Buy this Report:
Industry Size & Forecast: Estimations on the global Copper Magnet Wire industry size on the basis of value and volume are provided in this part of the report
Study on Key Industry Trends: This section offers deep insights into the prevailing and upcoming Copper Magnet Wire trends
Segmental Analysis: Here, the report has examined the high-growth segments including product type, application, and end-users, taking into account their CAGR, share, and size
Future Prospects: Current Copper Magnet Wire developments and future opportunities estimated to emerge in the Copper Magnet Wire industry are looked into in this portion of the study
Geography-wise Analysis: The authors of the report have studied the regions having growth potential to help companies plan their future investments
Study on Competitive Landscape: The industry experts have offered thorough information about the strategic tactics adopted by the industry participants to consolidate their position. This assessment will help the players to strategize their activities in future.
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