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Aluminum Magnet Wire-Global Market Insights and Sales Trends 2024

Aluminum Magnet Wire-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1827715

No of Pages : 100

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Synopsis
Aluminum magnet wire, also known as aluminum winding wire or aluminum enamelled wire, refers to a type of wire used in electrical applications, particularly in the winding of motors, transformers, and coils. It is an alternative to traditional copper magnet wire due to its lighter weight and often lower cost.
The global Aluminum Magnet Wire market size is expected to reach US$ 3487.4 million by 2029, growing at a CAGR of 3.6% from 2023 to 2029. The market is mainly driven by the significant applications of Aluminum Magnet Wire in various end use industries. The expanding demands from the Motors, Transformers, Home Appliance and Reactor, are propelling Aluminum Magnet Wire market. Enameled wire, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Covering Wire segment is estimated at % CAGR for the next seven-year period.
Aluminum magnet wire, also known as aluminum winding wire or aluminum enamelled wire, refers to a type of wire used in electrical applications, particularly in the winding of motors, transformers, and coils. It is an alternative to traditional copper magnet wire due to its lighter weight and often lower cost. The growth of aluminum magnet wire has been influenced by various factors:

1. Cost Considerations:
Aluminum is generally more abundant and less expensive than copper, making aluminum magnet wire an attractive option for cost-conscious industries.

2. Lightweight Design:
Aluminum is significantly lighter than copper, which can be beneficial for applications where weight reduction is a priority, such as in aerospace or automotive industries.

3. Energy Efficiency:
The lower density of aluminum compared to copper allows for reduced weight in electrical devices, which can contribute to increased energy efficiency and reduced energy consumption.

4. Industry Demand:
As industries like automotive, renewable energy, and electronics continue to grow, the demand for efficient and cost-effective electrical components, including magnet wire, has also increased.

5. Regulatory Standards:
In some regions, regulations and standards promote energy efficiency and encourage the use of materials that reduce overall energy consumption. Aluminum magnet wire can help meet these standards.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Aluminum Magnet Wire, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Aluminum Magnet Wire market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Aluminum Magnet Wire market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Aluminum Magnet Wire sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Aluminum Magnet Wire covered in this report include Superior Essex, Rea, Sumitomo Electric, Liljedahl, Fujikura, Hitachi, IRCE, Magnekon and Condumex, etc.
The global Aluminum Magnet Wire market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Superior Essex
Rea
Sumitomo Electric
Liljedahl
Fujikura
Hitachi
IRCE
Magnekon
Condumex
Elektrisola
Von Roll
Alconex
Jingda
Global Aluminum Magnet Wire market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Aluminum Magnet Wire market, Segment by Type:
Enameled wire
Covering Wire
Others
Global Aluminum Magnet Wire market, by Application
Motors
Transformers
Home Appliance
Reactor
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Aluminum Magnet Wire manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Aluminum Magnet Wire in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Aluminum Magnet Wire Market Overview
1.1 Aluminum Magnet Wire Product Overview
1.2 Aluminum Magnet Wire Market Segment by Type
1.2.1 Enameled wire
1.2.2 Covering Wire
1.2.3 Others
1.3 Global Aluminum Magnet Wire Market Size by Type
1.3.1 Global Aluminum Magnet Wire Market Size Overview by Type (2018-2029)
1.3.2 Global Aluminum Magnet Wire Historic Market Size Review by Type (2018-2023)
1.3.3 Global Aluminum Magnet Wire Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Aluminum Magnet Wire Sales Breakdown by Type (2018-2023)
1.4.2 Europe Aluminum Magnet Wire Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Aluminum Magnet Wire Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Aluminum Magnet Wire Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Aluminum Magnet Wire Sales Breakdown by Type (2018-2023)
2 Global Aluminum Magnet Wire Market Competition by Company
2.1 Global Top Players by Aluminum Magnet Wire Sales (2018-2023)
2.2 Global Top Players by Aluminum Magnet Wire Revenue (2018-2023)
2.3 Global Top Players by Aluminum Magnet Wire Price (2018-2023)
2.4 Global Top Manufacturers Aluminum Magnet Wire Manufacturing Base Distribution, Sales Area, Product Type
2.5 Aluminum Magnet Wire Market Competitive Situation and Trends
2.5.1 Aluminum Magnet Wire Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Aluminum Magnet Wire Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Aluminum Magnet Wire as of 2022)
2.7 Date of Key Manufacturers Enter into Aluminum Magnet Wire Market
2.8 Key Manufacturers Aluminum Magnet Wire Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Aluminum Magnet Wire Status and Outlook by Region
3.1 Global Aluminum Magnet Wire Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Aluminum Magnet Wire Historic Market Size by Region
3.2.1 Global Aluminum Magnet Wire Sales in Volume by Region (2018-2023)
3.2.2 Global Aluminum Magnet Wire Sales in Value by Region (2018-2023)
3.2.3 Global Aluminum Magnet Wire Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Aluminum Magnet Wire Forecasted Market Size by Region
3.3.1 Global Aluminum Magnet Wire Sales in Volume by Region (2024-2029)
3.3.2 Global Aluminum Magnet Wire Sales in Value by Region (2024-2029)
3.3.3 Global Aluminum Magnet Wire Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Aluminum Magnet Wire by Application
4.1 Aluminum Magnet Wire Market Segment by Application
4.1.1 Motors
4.1.2 Transformers
4.1.3 Home Appliance
4.1.4 Reactor
4.1.5 Others
4.2 Global Aluminum Magnet Wire Market Size by Application
4.2.1 Global Aluminum Magnet Wire Market Size Overview by Application (2018-2029)
4.2.2 Global Aluminum Magnet Wire Historic Market Size Review by Application (2018-2023)
4.2.3 Global Aluminum Magnet Wire Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Aluminum Magnet Wire Sales Breakdown by Application (2018-2023)
4.3.2 Europe Aluminum Magnet Wire Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Aluminum Magnet Wire Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Aluminum Magnet Wire Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Aluminum Magnet Wire Sales Breakdown by Application (2018-2023)
5 North America Aluminum Magnet Wire by Country
5.1 North America Aluminum Magnet Wire Historic Market Size by Country
5.1.1 North America Aluminum Magnet Wire Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Aluminum Magnet Wire Sales in Volume by Country (2018-2023)
5.1.3 North America Aluminum Magnet Wire Sales in Value by Country (2018-2023)
5.2 North America Aluminum Magnet Wire Forecasted Market Size by Country
5.2.1 North America Aluminum Magnet Wire Sales in Volume by Country (2024-2029)
5.2.2 North America Aluminum Magnet Wire Sales in Value by Country (2024-2029)
6 Europe Aluminum Magnet Wire by Country
6.1 Europe Aluminum Magnet Wire Historic Market Size by Country
6.1.1 Europe Aluminum Magnet Wire Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Aluminum Magnet Wire Sales in Volume by Country (2018-2023)
6.1.3 Europe Aluminum Magnet Wire Sales in Value by Country (2018-2023)
6.2 Europe Aluminum Magnet Wire Forecasted Market Size by Country
6.2.1 Europe Aluminum Magnet Wire Sales in Volume by Country (2024-2029)
6.2.2 Europe Aluminum Magnet Wire Sales in Value by Country (2024-2029)
7 Asia-Pacific Aluminum Magnet Wire by Region
7.1 Asia-Pacific Aluminum Magnet Wire Historic Market Size by Region
7.1.1 Asia-Pacific Aluminum Magnet Wire Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Aluminum Magnet Wire Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Aluminum Magnet Wire Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Aluminum Magnet Wire Forecasted Market Size by Region
7.2.1 Asia-Pacific Aluminum Magnet Wire Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Aluminum Magnet Wire Sales in Value by Region (2024-2029)
8 Latin America Aluminum Magnet Wire by Country
8.1 Latin America Aluminum Magnet Wire Historic Market Size by Country
8.1.1 Latin America Aluminum Magnet Wire Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Aluminum Magnet Wire Sales in Volume by Country (2018-2023)
8.1.3 Latin America Aluminum Magnet Wire Sales in Value by Country (2018-2023)
8.2 Latin America Aluminum Magnet Wire Forecasted Market Size by Country
8.2.1 Latin America Aluminum Magnet Wire Sales in Volume by Country (2024-2029)
8.2.2 Latin America Aluminum Magnet Wire Sales in Value by Country (2024-2029)
9 Middle East and Africa Aluminum Magnet Wire by Country
9.1 Middle East and Africa Aluminum Magnet Wire Historic Market Size by Country
9.1.1 Middle East and Africa Aluminum Magnet Wire Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Aluminum Magnet Wire Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Aluminum Magnet Wire Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Aluminum Magnet Wire Forecasted Market Size by Country
9.2.1 Middle East and Africa Aluminum Magnet Wire Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Aluminum Magnet Wire Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Superior Essex
10.1.1 Superior Essex Company Information
10.1.2 Superior Essex Introduction and Business Overview
10.1.3 Superior Essex Aluminum Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Superior Essex Aluminum Magnet Wire Products Offered
10.1.5 Superior Essex Recent Development
10.2 Rea
10.2.1 Rea Company Information
10.2.2 Rea Introduction and Business Overview
10.2.3 Rea Aluminum Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Rea Aluminum Magnet Wire Products Offered
10.2.5 Rea Recent Development
10.3 Sumitomo Electric
10.3.1 Sumitomo Electric Company Information
10.3.2 Sumitomo Electric Introduction and Business Overview
10.3.3 Sumitomo Electric Aluminum Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Sumitomo Electric Aluminum Magnet Wire Products Offered
10.3.5 Sumitomo Electric Recent Development
10.4 Liljedahl
10.4.1 Liljedahl Company Information
10.4.2 Liljedahl Introduction and Business Overview
10.4.3 Liljedahl Aluminum Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Liljedahl Aluminum Magnet Wire Products Offered
10.4.5 Liljedahl Recent Development
10.5 Fujikura
10.5.1 Fujikura Company Information
10.5.2 Fujikura Introduction and Business Overview
10.5.3 Fujikura Aluminum Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Fujikura Aluminum Magnet Wire Products Offered
10.5.5 Fujikura Recent Development
10.6 Hitachi
10.6.1 Hitachi Company Information
10.6.2 Hitachi Introduction and Business Overview
10.6.3 Hitachi Aluminum Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Hitachi Aluminum Magnet Wire Products Offered
10.6.5 Hitachi Recent Development
10.7 IRCE
10.7.1 IRCE Company Information
10.7.2 IRCE Introduction and Business Overview
10.7.3 IRCE Aluminum Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.7.4 IRCE Aluminum Magnet Wire Products Offered
10.7.5 IRCE Recent Development
10.8 Magnekon
10.8.1 Magnekon Company Information
10.8.2 Magnekon Introduction and Business Overview
10.8.3 Magnekon Aluminum Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Magnekon Aluminum Magnet Wire Products Offered
10.8.5 Magnekon Recent Development
10.9 Condumex
10.9.1 Condumex Company Information
10.9.2 Condumex Introduction and Business Overview
10.9.3 Condumex Aluminum Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Condumex Aluminum Magnet Wire Products Offered
10.9.5 Condumex Recent Development
10.10 Elektrisola
10.10.1 Elektrisola Company Information
10.10.2 Elektrisola Introduction and Business Overview
10.10.3 Elektrisola Aluminum Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Elektrisola Aluminum Magnet Wire Products Offered
10.10.5 Elektrisola Recent Development
10.11 Von Roll
10.11.1 Von Roll Company Information
10.11.2 Von Roll Introduction and Business Overview
10.11.3 Von Roll Aluminum Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Von Roll Aluminum Magnet Wire Products Offered
10.11.5 Von Roll Recent Development
10.12 Alconex
10.12.1 Alconex Company Information
10.12.2 Alconex Introduction and Business Overview
10.12.3 Alconex Aluminum Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Alconex Aluminum Magnet Wire Products Offered
10.12.5 Alconex Recent Development
10.13 Jingda
10.13.1 Jingda Company Information
10.13.2 Jingda Introduction and Business Overview
10.13.3 Jingda Aluminum Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Jingda Aluminum Magnet Wire Products Offered
10.13.5 Jingda Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Aluminum Magnet Wire Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Aluminum Magnet Wire Industrial Chain Analysis
11.4 Aluminum Magnet Wire Market Dynamics
11.4.1 Aluminum Magnet Wire Industry Trends
11.4.2 Aluminum Magnet Wire Market Drivers
11.4.3 Aluminum Magnet Wire Market Challenges
11.4.4 Aluminum Magnet Wire Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Aluminum Magnet Wire Distributors
12.3 Aluminum Magnet Wire Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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