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Magnet Wire-Global Market Insights and Sales Trends 2025

Magnet Wire-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1815664

No of Pages : 129

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Synopsis
Magnet wire or enameled wire is a copper or aluminium wire coated with a very thin layer of insulation. It is used in the construction of transformers, inductors, motors, speakers, hard disk head actuators, electromagnets, and other applications that require tight coils of insulated wire.
The global Magnet Wire market size is expected to reach US$ 29850 million by 2029, growing at a CAGR of 2.0% from 2023 to 2029. The market is mainly driven by the significant applications of Magnet Wire in various end use industries. The expanding demands from the Motors, Transformers, Home Appliance and Reactor, are propelling Magnet Wire market. Copper Magnet 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 Aluminum Magnet Wire segment is estimated at % CAGR for the next seven-year 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.
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 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 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 Magnet Wire market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, 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 Magnet Wire covered in this report include Superior Essex, Rea, Sumitomo Electric, Liljedahl, Fujikura, Hitachi, IRCE, Magnekon and Condumex, etc.
The global 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
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
Global 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 Magnet Wire market, Segment by Type:
Copper Magnet Wire
Aluminum Magnet Wire
Global 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 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 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 Magnet Wire Market Overview
1.1 Magnet Wire Product Overview
1.2 Magnet Wire Market Segment by Type
1.2.1 Copper Magnet Wire
1.2.2 Aluminum Magnet Wire
1.3 Global Magnet Wire Market Size by Type
1.3.1 Global Magnet Wire Market Size Overview by Type (2018-2029)
1.3.2 Global Magnet Wire Historic Market Size Review by Type (2018-2023)
1.3.3 Global Magnet Wire Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Magnet Wire Sales Breakdown by Type (2018-2023)
1.4.2 Europe Magnet Wire Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Magnet Wire Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Magnet Wire Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Magnet Wire Sales Breakdown by Type (2018-2023)
2 Global Magnet Wire Market Competition by Company
2.1 Global Top Players by Magnet Wire Sales (2018-2023)
2.2 Global Top Players by Magnet Wire Revenue (2018-2023)
2.3 Global Top Players by Magnet Wire Price (2018-2023)
2.4 Global Top Manufacturers Magnet Wire Manufacturing Base Distribution, Sales Area, Product Type
2.5 Magnet Wire Market Competitive Situation and Trends
2.5.1 Magnet Wire Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by 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 Magnet Wire as of 2022)
2.7 Date of Key Manufacturers Enter into Magnet Wire Market
2.8 Key Manufacturers Magnet Wire Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Magnet Wire Status and Outlook by Region
3.1 Global Magnet Wire Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Magnet Wire Historic Market Size by Region
3.2.1 Global Magnet Wire Sales in Volume by Region (2018-2023)
3.2.2 Global Magnet Wire Sales in Value by Region (2018-2023)
3.2.3 Global Magnet Wire Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Magnet Wire Forecasted Market Size by Region
3.3.1 Global Magnet Wire Sales in Volume by Region (2024-2029)
3.3.2 Global Magnet Wire Sales in Value by Region (2024-2029)
3.3.3 Global Magnet Wire Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Magnet Wire by Application
4.1 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 Magnet Wire Market Size by Application
4.2.1 Global Magnet Wire Market Size Overview by Application (2018-2029)
4.2.2 Global Magnet Wire Historic Market Size Review by Application (2018-2023)
4.2.3 Global Magnet Wire Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Magnet Wire Sales Breakdown by Application (2018-2023)
4.3.2 Europe Magnet Wire Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Magnet Wire Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Magnet Wire Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Magnet Wire Sales Breakdown by Application (2018-2023)
5 North America Magnet Wire by Country
5.1 North America Magnet Wire Historic Market Size by Country
5.1.1 North America Magnet Wire Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Magnet Wire Sales in Volume by Country (2018-2023)
5.1.3 North America Magnet Wire Sales in Value by Country (2018-2023)
5.2 North America Magnet Wire Forecasted Market Size by Country
5.2.1 North America Magnet Wire Sales in Volume by Country (2024-2029)
5.2.2 North America Magnet Wire Sales in Value by Country (2024-2029)
6 Europe Magnet Wire by Country
6.1 Europe Magnet Wire Historic Market Size by Country
6.1.1 Europe Magnet Wire Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Magnet Wire Sales in Volume by Country (2018-2023)
6.1.3 Europe Magnet Wire Sales in Value by Country (2018-2023)
6.2 Europe Magnet Wire Forecasted Market Size by Country
6.2.1 Europe Magnet Wire Sales in Volume by Country (2024-2029)
6.2.2 Europe Magnet Wire Sales in Value by Country (2024-2029)
7 Asia-Pacific Magnet Wire by Region
7.1 Asia-Pacific Magnet Wire Historic Market Size by Region
7.1.1 Asia-Pacific Magnet Wire Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Magnet Wire Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Magnet Wire Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Magnet Wire Forecasted Market Size by Region
7.2.1 Asia-Pacific Magnet Wire Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Magnet Wire Sales in Value by Region (2024-2029)
8 Latin America Magnet Wire by Country
8.1 Latin America Magnet Wire Historic Market Size by Country
8.1.1 Latin America Magnet Wire Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Magnet Wire Sales in Volume by Country (2018-2023)
8.1.3 Latin America Magnet Wire Sales in Value by Country (2018-2023)
8.2 Latin America Magnet Wire Forecasted Market Size by Country
8.2.1 Latin America Magnet Wire Sales in Volume by Country (2024-2029)
8.2.2 Latin America Magnet Wire Sales in Value by Country (2024-2029)
9 Middle East and Africa Magnet Wire by Country
9.1 Middle East and Africa Magnet Wire Historic Market Size by Country
9.1.1 Middle East and Africa Magnet Wire Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Magnet Wire Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Magnet Wire Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Magnet Wire Forecasted Market Size by Country
9.2.1 Middle East and Africa Magnet Wire Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa 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 Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Superior Essex 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 Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Rea 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 Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Sumitomo Electric 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 Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Liljedahl 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 Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Fujikura 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 Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Hitachi 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 Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.7.4 IRCE 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 Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Magnekon 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 Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Condumex 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 Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Elektrisola 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 Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Von Roll 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 Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Alconex 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 Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Jingda Magnet Wire Products Offered
10.13.5 Jingda Recent Development
10.14 Citychamp Dartong
10.14.1 Citychamp Dartong Company Information
10.14.2 Citychamp Dartong Introduction and Business Overview
10.14.3 Citychamp Dartong Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Citychamp Dartong Magnet Wire Products Offered
10.14.5 Citychamp Dartong Recent Development
10.15 Shanghai Yuke
10.15.1 Shanghai Yuke Company Information
10.15.2 Shanghai Yuke Introduction and Business Overview
10.15.3 Shanghai Yuke Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Shanghai Yuke Magnet Wire Products Offered
10.15.5 Shanghai Yuke Recent Development
10.16 Roshow Technology
10.16.1 Roshow Technology Company Information
10.16.2 Roshow Technology Introduction and Business Overview
10.16.3 Roshow Technology Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Roshow Technology Magnet Wire Products Offered
10.16.5 Roshow Technology Recent Development
10.17 Shangfeng Industrial
10.17.1 Shangfeng Industrial Company Information
10.17.2 Shangfeng Industrial Introduction and Business Overview
10.17.3 Shangfeng Industrial Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Shangfeng Industrial Magnet Wire Products Offered
10.17.5 Shangfeng Industrial Recent Development
10.18 Tongling Copper Crown Electrical
10.18.1 Tongling Copper Crown Electrical Company Information
10.18.2 Tongling Copper Crown Electrical Introduction and Business Overview
10.18.3 Tongling Copper Crown Electrical Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Tongling Copper Crown Electrical Magnet Wire Products Offered
10.18.5 Tongling Copper Crown Electrical Recent Development
10.19 HONGYUAN
10.19.1 HONGYUAN Company Information
10.19.2 HONGYUAN Introduction and Business Overview
10.19.3 HONGYUAN Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.19.4 HONGYUAN Magnet Wire Products Offered
10.19.5 HONGYUAN Recent Development
10.20 Ronsen Super Micro-Wire
10.20.1 Ronsen Super Micro-Wire Company Information
10.20.2 Ronsen Super Micro-Wire Introduction and Business Overview
10.20.3 Ronsen Super Micro-Wire Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Ronsen Super Micro-Wire Magnet Wire Products Offered
10.20.5 Ronsen Super Micro-Wire Recent Development
10.21 Shenmao Magnet Wire
10.21.1 Shenmao Magnet Wire Company Information
10.21.2 Shenmao Magnet Wire Introduction and Business Overview
10.21.3 Shenmao Magnet Wire Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.21.4 Shenmao Magnet Wire Magnet Wire Products Offered
10.21.5 Shenmao Magnet Wire Recent Development
10.22 GOLD CUP ELECTRIC
10.22.1 GOLD CUP ELECTRIC Company Information
10.22.2 GOLD CUP ELECTRIC Introduction and Business Overview
10.22.3 GOLD CUP ELECTRIC Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.22.4 GOLD CUP ELECTRIC Magnet Wire Products Offered
10.22.5 GOLD CUP ELECTRIC Recent Development
10.23 Tianjin Jing Wei Electric Wire
10.23.1 Tianjin Jing Wei Electric Wire Company Information
10.23.2 Tianjin Jing Wei Electric Wire Introduction and Business Overview
10.23.3 Tianjin Jing Wei Electric Wire Magnet Wire Sales, Revenue and Gross Margin (2018-2023)
10.23.4 Tianjin Jing Wei Electric Wire Magnet Wire Products Offered
10.23.5 Tianjin Jing Wei Electric Wire Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 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 Magnet Wire Industrial Chain Analysis
11.4 Magnet Wire Market Dynamics
11.4.1 Magnet Wire Industry Trends
11.4.2 Magnet Wire Market Drivers
11.4.3 Magnet Wire Market Challenges
11.4.4 Magnet Wire Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Magnet Wire Distributors
12.3 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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