Global Magnet Wires Market Size, Competition and Demand Analysis Report #Insights

Magnet wire, also known as winding wire, is an insulated wire used for making electromagnetic coils in electrical equipment, including motors, transformers, generators, and solenoids. The insulation on the wire is typically a thin layer of enamel or a polymer film, which allows the wire to be tightly wound without shorting out.

Copper magnet wire is typically used in applications that require high electrical conductivity, such as motors and transformers in industrial equipment. Examples of copper magnet wire product brands include Essex, Elektrisola, and Superior Essex.听

Aluminum magnet wire is typically used in applications where weight is a consideration, such as in the automotive and aerospace industries.听

The main difference between copper magnet wire and aluminum magnet wire is their material composition. Copper magnet wire is made from copper, which has higher electrical conductivity and is more resistant to corrosion than aluminum. Aluminum magnet wire is made from aluminum, which is lighter and less expensive than copper but has lower electrical conductivity.

Market Analysis and Insights: Global Magnet Wire Market

Due to the COVID-19 pandemic, the global Magnet Wire market size is estimated to be worth US$ 25940 million in 2022 and is forecast to a readjusted size of US$ 29850 million by 2029 with a CAGR of 2.0% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Copper Magnet Wire accounting for % of the Magnet Wire global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Motors segment is altered to an % CAGR throughout this forecast period.
Asia-Pacific is the largest market with about 53% revenue market share. North America and Europe are follower, accounting for about 35% revenue market share.
The main manufacturers are Superior Essex, Rea, Sumitomo Electric, Liljedahl, Fujikura, Hitachi, IRCE, Magnekon, Condumex, Elektrisola, Von Roll, Alconex, Jingda, Citychamp Dartong, Shanghai Yuke, Roshow Technology, Shangfeng Industrial, Tongling Copper Crown Electrical, HONGYUAN, Ronsen Super Micro-Wire, Shenmao Magnet Wire, GOLD CUP ELECTRIC, Tianjin Jing Wei Electric Wire etc. The top 5 companies account for about 29% of revenue market share.

Global Magnet Wire Scope and Market Size

The global Magnet Wire market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Magnet Wire market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.

Segment by Type

听听 Copper Magnet Wire
听听 Aluminum Magnet Wire

Segment by Application

听听 Motors
听听 Transformers
听听 Home Appliance
听听 Reactor
听听 Others

By Region
听听 United States
听听 Europe
听听 China
听听 Japan
听听 Southeast Asia
听听 India
听听 Other Regions

By Company

听听 Superior Essex
听听 Rea
听听 Sumitomo Electric
听听 Liljedahl
听听 Fujikura
听听 Hitachi
听听 IRCE
听听 Magnekon
听听 Condumex
听听 Elektrisola
听听 Von Roll
听听 Alconex
听听 Jingda
听听 Citychamp Dartong
听听 Shanghai Yuke
听听 Roshow Technology
听听 Shangfeng Industrial
听听 Tongling Copper Crown Electrical
听听 HONGYUAN
听听 Ronsen Super Micro-Wire
听听 Shenmao Magnet Wire
听听 GOLD CUP ELECTRIC
听听 Tianjin Jing Wei Electric Wire

Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Magnet Wire Market Overview
1.1 Magnet Wire Product Scope
1.2 Magnet Wire Segment by Type
1.2.1 Global Magnet Wire Sales by Type (2018 & 2022 & 2029)
1.2.2 Copper Magnet Wire
1.2.3 Aluminum Magnet Wire
1.3 Magnet Wire Segment by Application
1.3.1 Global Magnet Wire Sales Comparison by Application (2018 & 2022 & 2029)
1.3.2 Motors
1.3.3 Transformers
1.3.4 Home Appliance
1.3.5 Reactor
1.3.6 Others
1.4 Magnet Wire Market Estimates and Forecasts (2018-2029)
1.4.1 Global Magnet Wire Market Size in Value Growth Rate (2018-2029)
1.4.2 Global Magnet Wire Market Size in Volume Growth Rate (2018-2029)
1.4.3 Global Magnet Wire Price Trends (2018-2029)
2 Magnet Wire Estimates and Forecasts by Region
2.1 Global Magnet Wire Market Size by Region: 2018 VS 2022 VS 2029
2.2 Global Magnet Wire Retrospective Market Scenario by Region (2018-2023)
2.2.1 Global Magnet Wire Sales Market Share by Region (2018-2023)
2.2.2 Global Magnet Wire Revenue Market Share by Region (2018-2023)
2.3 Global Magnet Wire Market Estimates and Forecasts by Region (2024-2029)
2.3.1 Global Magnet Wire Sales Estimates and Forecasts by Region (2024-2029)
2.3.2 Global Magnet Wire Revenue Forecast by Region (2024-2029)
2.4 Geographic Market Analysis: Market Facts & Figures
2.4.1 United States Magnet Wire Estimates and Projections (2018-2029)
2.4.2 Europe Magnet Wire Estimates and Projections (2018-2029)
2.4.3 China Magnet Wire Estimates and Projections (2018-2029)
2.4.4 Japan Magnet Wire Estimates and Projections (2018-2029)
2.4.5 Southeast Asia Magnet Wire Estimates and Projections (2018-2029)
2.4.6 India Magnet Wire Estimates and Projections (2018-2029)
3 Global Magnet Wire Competition Landscape by Players
3.1 Global Top Magnet Wire Players by Sales (2018-2023)
3.2 Global Top Magnet Wire Players by Revenue (2018-2023)
3.3 Global Magnet Wire Market Share by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Magnet Wire as of 2022)
3.4 Global Magnet Wire Average Price by Company (2018-2023)
3.5 Manufacturers Magnet Wire Manufacturing Sites, Area Served, Product Type
3.6 Manufacturers Mergers & Acquisitions, Expansion Plans
4 Global Magnet Wire Market Size by Type
4.1 Global Magnet Wire Historic Market Review by Type (2018-2023)
4.1.1 Global Magnet Wire Sales by Type (2018-2023)
4.1.2 Global Magnet Wire Revenue by Type (2018-2023)
4.1.3 Global Magnet Wire Price by Type (2018-2023)
4.2 Global Magnet Wire Market Estimates and Forecasts by Type (2024-2029)
4.2.1 Global Magnet Wire Sales Forecast by Type (2024-2029)
4.2.2 Global Magnet Wire Revenue Forecast by Type (2024-2029)
4.2.3 Global Magnet Wire Price Forecast by Type (2024-2029)
5 Global Magnet Wire Market Size by Application
5.1 Global Magnet Wire Historic Market Review by Application (2018-2023)
5.1.1 Global Magnet Wire Sales by Application (2018-2023)
5.1.2 Global Magnet Wire Revenue by Application (2018-2023)
5.1.3 Global Magnet Wire Price by Application (2018-2023)
5.2 Global Magnet Wire Market Estimates and Forecasts by Application (2024-2029)
5.2.1 Global Magnet Wire Sales Forecast by Application (2024-2029)
5.2.2 Global Magnet Wire Revenue Forecast by Application (2024-2029)
5.2.3 Global Magnet Wire Price Forecast by Application (2024-2029)
6 United States Magnet Wire Market Facts & Figures
6.1 United States Magnet Wire Sales by Company
6.1.1 United States Magnet Wire Sales by Company (2018-2023)
6.1.2 United States Magnet Wire Revenue by Company (2018-2023)
6.2 United States Magnet Wire Sales Breakdown by Type
6.2.1 United States Magnet Wire Sales Breakdown by Type (2018-2023)
6.2.2 United States Magnet Wire Sales Breakdown by Type (2024-2029)
6.3 United States Magnet Wire Sales Breakdown by Application
6.3.1 United States Magnet Wire Sales Breakdown by Application (2018-2023)
6.3.2 United States Magnet Wire Sales Breakdown by Application (2024-2029)
7 Europe Magnet Wire Market Facts & Figures
7.1 Europe Magnet Wire Sales by Company
7.1.1 Europe Magnet Wire Sales by Company (2018-2023)
7.1.2 Europe Magnet Wire Revenue by Company (2018-2023)
7.2 Europe Magnet Wire Sales Breakdown by Type
7.2.1 Europe Magnet Wire Sales Breakdown by Type (2018-2023)
7.2.2 Europe Magnet Wire Sales Breakdown by Type (2024-2029)
7.3 Europe Magnet Wire Sales Breakdown by Application
7.3.1 Europe Magnet Wire Sales Breakdown by Application (2018-2023)
7.3.2 Europe Magnet Wire Sales Breakdown by Application (2024-2029)
8 China Magnet Wire Market Facts & Figures
8.1 China Magnet Wire Sales by Company
8.1.1 China Magnet Wire Sales by Company (2018-2023)
8.1.2 China Magnet Wire Revenue by Company (2018-2023)
8.2 China Magnet Wire Sales Breakdown by Type
8.2.1 China Magnet Wire Sales Breakdown by Type (2018-2023)
8.2.2 China Magnet Wire Sales Breakdown by Type (2024-2029)
8.3 China Magnet Wire Sales Breakdown by Application
8.3.1 China Magnet Wire Sales Breakdown by Application (2018-2023)
8.3.2 China Magnet Wire Sales Breakdown by Application (2024-2029)
9 Japan Magnet Wire Market Facts & Figures
9.1 Japan Magnet Wire Sales by Company
9.1.1 Japan Magnet Wire Sales by Company (2018-2023)
9.1.2 Japan Magnet Wire Revenue by Company (2018-2023)
9.2 Japan Magnet Wire Sales Breakdown by Type
9.2.1 Japan Magnet Wire Sales Breakdown by Type (2018-2023)
9.2.2 Japan Magnet Wire Sales Breakdown by Type (2024-2029)
9.3 Japan Magnet Wire Sales Breakdown by Application
9.3.1 Japan Magnet Wire Sales Breakdown by Application (2018-2023)
9.3.2 Japan Magnet Wire Sales Breakdown by Application (2024-2029)
10 Southeast Asia Magnet Wire Market Facts & Figures
10.1 Southeast Asia Magnet Wire Sales by Company
10.1.1 Southeast Asia Magnet Wire Sales by Company (2018-2023)
10.1.2 Southeast Asia Magnet Wire Revenue by Company (2018-2023)
10.2 Southeast Asia Magnet Wire Sales Breakdown by Type
10.2.1 Southeast Asia Magnet Wire Sales Breakdown by Type (2018-2023)
10.2.2 Southeast Asia Magnet Wire Sales Breakdown by Type (2024-2029)
10.3 Southeast Asia Magnet Wire Sales Breakdown by Application
10.3.1 Southeast Asia Magnet Wire Sales Breakdown by Application (2018-2023)
10.3.2 Southeast Asia Magnet Wire Sales Breakdown by Application (2024-2029)
11 India Magnet Wire Market Facts & Figures
11.1 India Magnet Wire Sales by Company
11.1.1 India Magnet Wire Sales by Company (2018-2023)
11.1.2 India Magnet Wire Revenue by Company (2018-2023)
11.2 India Magnet Wire Sales Breakdown by Type
11.2.1 India Magnet Wire Sales Breakdown by Type (2018-2023)
11.2.2 India Magnet Wire Sales Breakdown by Type (2024-2029)
11.3 India Magnet Wire Sales Breakdown by Application
11.3.1 India Magnet Wire Sales Breakdown by Application (2018-2023)
11.3.2 India Magnet Wire Sales Breakdown by Application (2024-2029)
12 Company Profiles and Key Figures in Magnet Wire Business
12.1 Superior Essex
12.1.1 Superior Essex Corporation Information
12.1.2 Superior Essex Business Overview
12.1.3 Superior Essex Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
12.1.4 Superior Essex Magnet Wire Products Offered
12.1.5 Superior Essex Recent Development
12.2 Rea
12.2.1 Rea Corporation Information
12.2.2 Rea Business Overview
12.2.3 Rea Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
12.2.4 Rea Magnet Wire Products Offered
12.2.5 Rea Recent Development
12.3 Sumitomo Electric
12.3.1 Sumitomo Electric Corporation Information
12.3.2 Sumitomo Electric Business Overview
12.3.3 Sumitomo Electric Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
12.3.4 Sumitomo Electric Magnet Wire Products Offered
12.3.5 Sumitomo Electric Recent Development
12.4 Liljedahl
12.4.1 Liljedahl Corporation Information
12.4.2 Liljedahl Business Overview
12.4.3 Liljedahl Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
12.4.4 Liljedahl Magnet Wire Products Offered
12.4.5 Liljedahl Recent Development
12.5 Fujikura
12.5.1 Fujikura Corporation Information
12.5.2 Fujikura Business Overview
12.5.3 Fujikura Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
12.5.4 Fujikura Magnet Wire Products Offered
12.5.5 Fujikura Recent Development
12.6 Hitachi
12.6.1 Hitachi Corporation Information
12.6.2 Hitachi Business Overview
12.6.3 Hitachi Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
12.6.4 Hitachi Magnet Wire Products Offered
12.6.5 Hitachi Recent Development
12.7 IRCE
12.7.1 IRCE Corporation Information
12.7.2 IRCE Business Overview
12.7.3 IRCE Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
12.7.4 IRCE Magnet Wire Products Offered
12.7.5 IRCE Recent Development
12.8 Magnekon
12.8.1 Magnekon Corporation Information
12.8.2 Magnekon Business Overview
12.8.3 Magnekon Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
12.8.4 Magnekon Magnet Wire Products Offered
12.8.5 Magnekon Recent Development
12.9 Condumex
12.9.1 Condumex Corporation Information
12.9.2 Condumex Business Overview
12.9.3 Condumex Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
12.9.4 Condumex Magnet Wire Products Offered
12.9.5 Condumex Recent Development
12.10 Elektrisola
12.10.1 Elektrisola Corporation Information
12.10.2 Elektrisola Business Overview
12.10.3 Elektrisola Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
12.10.4 Elektrisola Magnet Wire Products Offered
12.10.5 Elektrisola Recent Development
12.11 Von Roll
12.11.1 Von Roll Corporation Information
12.11.2 Von Roll Business Overview
12.11.3 Von Roll Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
12.11.4 Von Roll Magnet Wire Products Offered
12.11.5 Von Roll Recent Development
12.12 Alconex
12.12.1 Alconex Corporation Information
12.12.2 Alconex Business Overview
12.12.3 Alconex Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
12.12.4 Alconex Magnet Wire Products Offered
12.12.5 Alconex Recent Development
12.13 Jingda
12.13.1 Jingda Corporation Information
12.13.2 Jingda Business Overview
12.13.3 Jingda Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
12.13.4 Jingda Magnet Wire Products Offered
12.13.5 Jingda Recent Development
12.14 Citychamp Dartong
12.14.1 Citychamp Dartong Corporation Information
12.14.2 Citychamp Dartong Business Overview
12.14.3 Citychamp Dartong Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
12.14.4 Citychamp Dartong Magnet Wire Products Offered
12.14.5 Citychamp Dartong Recent Development
12.15 Shanghai Yuke
12.15.1 Shanghai Yuke Corporation Information
12.15.2 Shanghai Yuke Business Overview
12.15.3 Shanghai Yuke Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
12.15.4 Shanghai Yuke Magnet Wire Products Offered
12.15.5 Shanghai Yuke Recent Development
12.16 Roshow Technology
12.16.1 Roshow Technology Corporation Information
12.16.2 Roshow Technology Business Overview
12.16.3 Roshow Technology Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
12.16.4 Roshow Technology Magnet Wire Products Offered
12.16.5 Roshow Technology Recent Development
12.17 Shangfeng Industrial
12.17.1 Shangfeng Industrial Corporation Information
12.17.2 Shangfeng Industrial Business Overview
12.17.3 Shangfeng Industrial Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
12.17.4 Shangfeng Industrial Magnet Wire Products Offered
12.17.5 Shangfeng Industrial Recent Development
12.18 Tongling Copper Crown Electrical
12.18.1 Tongling Copper Crown Electrical Corporation Information
12.18.2 Tongling Copper Crown Electrical Business Overview
12.18.3 Tongling Copper Crown Electrical Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
12.18.4 Tongling Copper Crown Electrical Magnet Wire Products Offered
12.18.5 Tongling Copper Crown Electrical Recent Development
12.19 HONGYUAN
12.19.1 HONGYUAN Corporation Information
12.19.2 HONGYUAN Business Overview
12.19.3 HONGYUAN Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
12.19.4 HONGYUAN Magnet Wire Products Offered
12.19.5 HONGYUAN Recent Development
12.20 Ronsen Super Micro-Wire
12.20.1 Ronsen Super Micro-Wire Corporation Information
12.20.2 Ronsen Super Micro-Wire Business Overview
12.20.3 Ronsen Super Micro-Wire Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
12.20.4 Ronsen Super Micro-Wire Magnet Wire Products Offered
12.20.5 Ronsen Super Micro-Wire Recent Development
12.21 Shenmao Magnet Wire
12.21.1 Shenmao Magnet Wire Corporation Information
12.21.2 Shenmao Magnet Wire Business Overview
12.21.3 Shenmao Magnet Wire Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
12.21.4 Shenmao Magnet Wire Magnet Wire Products Offered
12.21.5 Shenmao Magnet Wire Recent Development
12.22 GOLD CUP ELECTRIC
12.22.1 GOLD CUP ELECTRIC Corporation Information
12.22.2 GOLD CUP ELECTRIC Business Overview
12.22.3 GOLD CUP ELECTRIC Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
12.22.4 GOLD CUP ELECTRIC Magnet Wire Products Offered
12.22.5 GOLD CUP ELECTRIC Recent Development
12.23 Tianjin Jing Wei Electric Wire
12.23.1 Tianjin Jing Wei Electric Wire Corporation Information
12.23.2 Tianjin Jing Wei Electric Wire Business Overview
12.23.3 Tianjin Jing Wei Electric Wire Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
12.23.4 Tianjin Jing Wei Electric Wire Magnet Wire Products Offered
12.23.5 Tianjin Jing Wei Electric Wire Recent Development
13 Magnet Wire Manufacturing Cost Analysis
13.1 Magnet Wire Key Raw Materials Analysis
13.1.1 Key Raw Materials
13.1.2 Key Raw Materials Price Trend
13.1.3 Key Suppliers of Raw Materials
13.2 Proportion of Manufacturing Cost Structure
13.3 Manufacturing Process Analysis of Magnet Wire
13.4 Magnet Wire Industrial Chain Analysis
14 Marketing Channel, Distributors and Customers
14.1 Marketing Channel
14.2 Magnet Wire Distributors List
14.3 Magnet Wire Customers
15 Market Dynamics
15.1 Magnet Wire Industry Trends
15.2 Magnet Wire Market Drivers
15.3 Magnet Wire Market Challenges
15.4 Magnet Wire Market Restraints
16 Research Findings and Conclusion
17 Appendix
17.1 Research Methodology
17.1.1 Methodology/Research Approach
17.1.2 Data Source
17.2 Author List
17.3 Disclaimer

Companies Mentioned:

Superior Essex
Rea
Sumitomo Electric
Liljedahl
Fujikura
Hitachi
IRCE
Magnekon
Condumex
Elektrisola
Von Roll
Alconex
Jingda
Citychamp Dartong
Shanghai Yuke
Roshow Technology
Shangfeng Industrial
Tongling Copper Crown Electrical
HONGYUAN
Ronsen Super Micro-Wire
Shenmao Magnet Wire
GOLD CUP ELECTRIC
Tianjin Jing Wei Electric Wire

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