The potential growth difference for the winding wire market between 2021 and 2026 is USD 12.08 billion. This report extensively covers winding wire market segmentation by product (copper and aluminum) and geography (APAC, Europe, North America, South America, and the Middle East and Africa). To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics:
- Market Driver
- Market Challenges
The expansion of power generating, and T&D networks is one of the major factors influencing the growth of the worldwide winding wire sector. In nations like China and India, the production of power is rising quickly. Large quantities of winding wires are needed for the electric generators found in hydroelectric, thermal, and wind power plants.
By 2026, it is anticipated that the US and Germany would have invested about USD 135 billion in the creation of the smart grid. These elements will fuel market expansion throughout the upcoming years. However, factors such as high fragmentation of the market limit consistent increases in asp and will challenge market growth. Read Sample Report right now!
APAC will be the leading region with 78% of the market's growth during the forecast period. The copper segment's winding wire market share will expand significantly. Since copper has significantly better mechanical and electrical qualities than aluminum, it is widely utilized to make winding wire. Additionally, the copper winding is more resistant to corrosion than aluminum winding and requires less frequent inspection and upkeep. The segment growth will be fueled by the high current carrying capability of copper wires of a particular diameter compared to similar aluminum wires. Download Sample Report.
Some Companies Mentioned with their Offerings
The report analyzes the winding wire market's competitive landscape and offers information on several market vendors, including:
- Bharat Insulation Co. Pvt. Ltd.
- EL Sewedy Electric Co.
- Elcowire Group AB
- Fujikura Co. Ltd.
- Furukawa Electric Co. Ltd.
- G. K. Winding Wires Ltd.
- Hitachi Ltd.
- International Wire
- KEI Industries Ltd.
- Khaitan Winding Wire Pvt. Ltd.
- LS Cable and System Ltd.
- Prysmian Spa
- REA MAGNET WIRE Co.
- Sam Dong America
- Shanghai Metal Corp.
- Sumitomo Electric Industries Ltd.
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Winding Wire Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.04% |
Market growth 2022-2026 |
$ 12.08 billion |
Market structure |
Fragmented |
YoY growth (%) |
4.79 |
Regional analysis |
APAC, Europe, North America, South America, Middle East, and Africa |
Performing market contribution |
APAC at 78% |
Key consumer countries |
US, China, Japan, Germany, and France |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Bharat Insulation Co. Pvt. Ltd., EL Sewedy Electric Co., Elcowire Group AB, Fujikura Co. Ltd., Furukawa Electric Co. Ltd., G. K. Winding Wires Ltd., Hitachi Ltd., International Wire, KEI Industries Ltd., Khaitan Winding Wire Pvt. Ltd., LS Cable and System Ltd., Prysmian Spa, REA MAGNET WIRE Co., Sam Dong America, Shanghai Metal Corp., Sumitomo Electric Industries Ltd., SUZHOU WUJIANG XINYU ELECTRICAL MATERIAL Co. Ltd., Synflex Elektro GmbH, Vimlesh Industries Pvt. Ltd., and Zhengzhou LP Industrial Co. Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
- 1.1 Market Overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart of Global Market Characteristics
- Exhibit 04: Executive Summary – Chart of Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market Definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on the Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart of Market condition - Five forces 2021 and 2026
5 Market Segmentation by Product
- 5.1 Market segments
- Exhibit 24: Chart on Product - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
- 5.2 Comparison by Product
- Exhibit 26: Chart on Comparison by Product
- Exhibit 27: Data Table on Comparison by Product
- 5.3 Copper - Market size and forecast 2021-2026
- Exhibit 28: Chart on Copper - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Copper - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Copper - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Copper - Year-over-year growth 2021-2026 (%)
- 5.4 Aluminium - Market size and forecast 2021-2026
- Exhibit 32: Chart on Aluminium - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Aluminium - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Aluminium - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Aluminium - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Product
- Exhibit 36: Market opportunity by Product ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart of Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 North America - Market size and forecast 2021-2026
- Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 the Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 58: Chart of Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on the Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on the Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on the Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 China - Market size and forecast 2021-2026
- Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.9 Japan - Market size and forecast 2021-2026
- Exhibit 66: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.10 US - Market size and forecast 2021-2026
- Exhibit 70: Chart on the US - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on the US - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on the US - Year-over-year growth 2021-2026 (%)
- 7.11 Germany - Market size and forecast 2021-2026
- Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.12 France - Market size and forecast 2021-2026
- Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 84: Overview of Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview of factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 EL Sewedy Electric Co.
- Exhibit 89: EL Sewedy Electric Co. - Overview
- Exhibit 90: EL Sewedy Electric Co. - Product / Service
- Exhibit 91: EL Sewedy Electric Co. - Key offerings
- 10.4 Elcowire Group AB
- Exhibit 92: Elcowire Group AB - Overview
- Exhibit 93: Elcowire Group AB - Product / Service
- Exhibit 94: Elcowire Group AB - Key offerings
- 10.5 Fujikura Co. Ltd.
- Exhibit 95: Fujikura Co. Ltd. - Overview
- Exhibit 96: Fujikura Co. Ltd. - Business segments
- Exhibit 97: Fujikura Co. Ltd. - Key news
- Exhibit 98: Fujikura Co. Ltd. - Key offerings
- Exhibit 99: Fujikura Co. Ltd. - Segment focus
- 10.6 Furukawa Electric Co. Ltd.
- Exhibit 100: Furukawa Electric Co. Ltd. - Overview
- Exhibit 101: Furukawa Electric Co. Ltd. - Business segments
- Exhibit 102: Furukawa Electric Co. Ltd. - Key offerings
- Exhibit 103: Furukawa Electric Co. Ltd. - Segment focus
- 10.7 Hitachi Ltd.
- Exhibit 104: Hitachi Ltd. - Overview
- Exhibit 105: Hitachi Ltd. - Business segments
- Exhibit 106: Hitachi Ltd. - Key news
- Exhibit 107: Hitachi Ltd. - Key offerings
- Exhibit 108: Hitachi Ltd. - Segment focus
- 10.8 LS Cable and System Ltd.
- Exhibit 109: LS Cable and System Ltd. - Overview
- Exhibit 110: LS Cable and System Ltd. - Product / Service
- Exhibit 111: LS Cable and System Ltd. - Key offerings
- 10.9 Prysmian Spa
- Exhibit 112: Prysmian Spa - Overview
- Exhibit 113: Prysmian Spa - Business segments
- Exhibit 114: Prysmian Spa - Key offerings
- Exhibit 115: Prysmian Spa - Segment focus
- 10.10 REA MAGNET WIRE Co.
- Exhibit 116: REA MAGNET WIRE Co. - Overview
- Exhibit 117: REA MAGNET WIRE Co. - Product / Service
- Exhibit 118: REA MAGNET WIRE Co. - Key offerings
- 10.11 Sam Dong America
- Exhibit 119: Sam Dong America - Overview
- Exhibit 120: Sam Dong America - Product / Service
- Exhibit 121: Sam Dong America - Key offerings
- 10.12 Sumitomo Electric Industries Ltd.
- Exhibit 122: Sumitomo Electric Industries Ltd. - Overview
- Exhibit 123: Sumitomo Electric Industries Ltd. - Business segments
- Exhibit 124: Sumitomo Electric Industries Ltd. - Key news
- Exhibit 125: Sumitomo Electric Industries Ltd. - Key offerings
- Exhibit 126: Sumitomo Electric Industries Ltd. - Segment focus
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 127: Inclusions checklist
- Exhibit 128: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 129: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 130: Research methodology
- Exhibit 131: Validation techniques employed for market sizing
- Exhibit 132: Information sources
- 11.5 List of abbreviations
- Exhibit 133: List of abbreviations
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