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Electrical Wires-Global Market Insights and Sales Trends 2025
Synopsis
Wires are able to carry electrical energy，which are divided into bare wire, magnet wire and insulated wire. Bare wires have no insulating layers, including copper, aluminum flat wires, aerial strands, and various sections (such as profile lines, bus bars, copper bars, aluminum bars, etc.). It is mainly used for outdoor overhead and indoor busbars and switch boxes. Electromagnetic wire is an insulated wire that generates a magnetic field after being energized or induces a current in a magnetic field. It is mainly used for motor and transformer windings and other related electromagnetic equipment. The conductor is mainly a copper wire, and should have a thin insulating layer and good electrical and mechanical properties, as well as heat, moisture, solvent resistance and other properties. Different insulation materials can be used to obtain different characteristics.
The global Electrical Wires market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Electrical Wires in various end use industries. The expanding demands from the Power Transmission, Telecom and Building Wiring,, are propelling Electrical Wires market. Wires, 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 House Wire segment is estimated at % CAGR for the next seven-year period.
First of all, the increasing demand for power, light and communication has kept demand high for wire and cable. Second, building wires will remain the biggest market and will followed by fiber optic wire and power. Talking about the power sector, copper holds high significance in terms of usage and consumption in this sector. The world average per capita copper consumption is around 2.7 kg. Electrical sector is the largest user of copper in India. Since copper and its alloy components play a vital role in electricity generation, distribution and utilisation, 12-15% per annum demand growth in this sector is possible, if good quality is assured. In the following year，Asia Pacific market is expected to grow through the forecast period.
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 Electrical Wires, 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 Electrical Wires 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 Electrical Wires market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electrical Wires 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 Electrical Wires covered in this report include Leoni, Judd Wire, Sumitomo Electric Industries, Furukawa Electric industries, General Cable Corporation, Belden, Cords Cable Industries Limited, Finolex Cables and Torrent Cables, etc.
The global Electrical Wires market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Leoni
Judd Wire
Sumitomo Electric Industries
Furukawa Electric industries
General Cable Corporation
Belden
Cords Cable Industries Limited
Finolex Cables
Torrent Cables
Enfield Cables
Hitachi Cable
Marlin Wire
Global Electrical Wires 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 Electrical Wires market, Segment by Type:
Wires
House Wire
Electronic Wire
Global Electrical Wires market, by Application
Power Transmission
Telecom
Building Wiring
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 Electrical Wires manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electrical Wires 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.
Wires are able to carry electrical energy，which are divided into bare wire, magnet wire and insulated wire. Bare wires have no insulating layers, including copper, aluminum flat wires, aerial strands, and various sections (such as profile lines, bus bars, copper bars, aluminum bars, etc.). It is mainly used for outdoor overhead and indoor busbars and switch boxes. Electromagnetic wire is an insulated wire that generates a magnetic field after being energized or induces a current in a magnetic field. It is mainly used for motor and transformer windings and other related electromagnetic equipment. The conductor is mainly a copper wire, and should have a thin insulating layer and good electrical and mechanical properties, as well as heat, moisture, solvent resistance and other properties. Different insulation materials can be used to obtain different characteristics.
The global Electrical Wires market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Electrical Wires in various end use industries. The expanding demands from the Power Transmission, Telecom and Building Wiring,, are propelling Electrical Wires market. Wires, 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 House Wire segment is estimated at % CAGR for the next seven-year period.
First of all, the increasing demand for power, light and communication has kept demand high for wire and cable. Second, building wires will remain the biggest market and will followed by fiber optic wire and power. Talking about the power sector, copper holds high significance in terms of usage and consumption in this sector. The world average per capita copper consumption is around 2.7 kg. Electrical sector is the largest user of copper in India. Since copper and its alloy components play a vital role in electricity generation, distribution and utilisation, 12-15% per annum demand growth in this sector is possible, if good quality is assured. In the following year，Asia Pacific market is expected to grow through the forecast period.
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 Electrical Wires, 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 Electrical Wires 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 Electrical Wires market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electrical Wires 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 Electrical Wires covered in this report include Leoni, Judd Wire, Sumitomo Electric Industries, Furukawa Electric industries, General Cable Corporation, Belden, Cords Cable Industries Limited, Finolex Cables and Torrent Cables, etc.
The global Electrical Wires market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Leoni
Judd Wire
Sumitomo Electric Industries
Furukawa Electric industries
General Cable Corporation
Belden
Cords Cable Industries Limited
Finolex Cables
Torrent Cables
Enfield Cables
Hitachi Cable
Marlin Wire
Global Electrical Wires 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 Electrical Wires market, Segment by Type:
Wires
House Wire
Electronic Wire
Global Electrical Wires market, by Application
Power Transmission
Telecom
Building Wiring
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 Electrical Wires manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electrical Wires 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.
Index1 Electrical Wires Market Overview
1.1 Electrical Wires Product Overview
1.2 Electrical Wires Market Segment by Type
1.2.1 Wires
1.2.2 House Wire
1.2.3 Electronic Wire
1.3 Global Electrical Wires Market Size by Type
1.3.1 Global Electrical Wires Market Size Overview by Type (2018-2029)
1.3.2 Global Electrical Wires Historic Market Size Review by Type (2018-2023)
1.3.3 Global Electrical Wires Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Electrical Wires Sales Breakdown by Type (2018-2023)
1.4.2 Europe Electrical Wires Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Electrical Wires Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Electrical Wires Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Electrical Wires Sales Breakdown by Type (2018-2023)
2 Global Electrical Wires Market Competition by Company
2.1 Global Top Players by Electrical Wires Sales (2018-2023)
2.2 Global Top Players by Electrical Wires Revenue (2018-2023)
2.3 Global Top Players by Electrical Wires Price (2018-2023)
2.4 Global Top Manufacturers Electrical Wires Manufacturing Base Distribution, Sales Area, Product Type
2.5 Electrical Wires Market Competitive Situation and Trends
2.5.1 Electrical Wires Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Electrical Wires 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 Electrical Wires as of 2022)
2.7 Date of Key Manufacturers Enter into Electrical Wires Market
2.8 Key Manufacturers Electrical Wires Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Electrical Wires Status and Outlook by Region
3.1 Global Electrical Wires Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Electrical Wires Historic Market Size by Region
3.2.1 Global Electrical Wires Sales in Volume by Region (2018-2023)
3.2.2 Global Electrical Wires Sales in Value by Region (2018-2023)
3.2.3 Global Electrical Wires Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Electrical Wires Forecasted Market Size by Region
3.3.1 Global Electrical Wires Sales in Volume by Region (2024-2029)
3.3.2 Global Electrical Wires Sales in Value by Region (2024-2029)
3.3.3 Global Electrical Wires Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Electrical Wires by Application
4.1 Electrical Wires Market Segment by Application
4.1.1 Power Transmission
4.1.2 Telecom
4.1.3 Building Wiring
4.2 Global Electrical Wires Market Size by Application
4.2.1 Global Electrical Wires Market Size Overview by Application (2018-2029)
4.2.2 Global Electrical Wires Historic Market Size Review by Application (2018-2023)
4.2.3 Global Electrical Wires Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Electrical Wires Sales Breakdown by Application (2018-2023)
4.3.2 Europe Electrical Wires Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Electrical Wires Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Electrical Wires Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Electrical Wires Sales Breakdown by Application (2018-2023)
5 North America Electrical Wires by Country
5.1 North America Electrical Wires Historic Market Size by Country
5.1.1 North America Electrical Wires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Electrical Wires Sales in Volume by Country (2018-2023)
5.1.3 North America Electrical Wires Sales in Value by Country (2018-2023)
5.2 North America Electrical Wires Forecasted Market Size by Country
5.2.1 North America Electrical Wires Sales in Volume by Country (2024-2029)
5.2.2 North America Electrical Wires Sales in Value by Country (2024-2029)
6 Europe Electrical Wires by Country
6.1 Europe Electrical Wires Historic Market Size by Country
6.1.1 Europe Electrical Wires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Electrical Wires Sales in Volume by Country (2018-2023)
6.1.3 Europe Electrical Wires Sales in Value by Country (2018-2023)
6.2 Europe Electrical Wires Forecasted Market Size by Country
6.2.1 Europe Electrical Wires Sales in Volume by Country (2024-2029)
6.2.2 Europe Electrical Wires Sales in Value by Country (2024-2029)
7 Asia-Pacific Electrical Wires by Region
7.1 Asia-Pacific Electrical Wires Historic Market Size by Region
7.1.1 Asia-Pacific Electrical Wires Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Electrical Wires Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Electrical Wires Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Electrical Wires Forecasted Market Size by Region
7.2.1 Asia-Pacific Electrical Wires Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Electrical Wires Sales in Value by Region (2024-2029)
8 Latin America Electrical Wires by Country
8.1 Latin America Electrical Wires Historic Market Size by Country
8.1.1 Latin America Electrical Wires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Electrical Wires Sales in Volume by Country (2018-2023)
8.1.3 Latin America Electrical Wires Sales in Value by Country (2018-2023)
8.2 Latin America Electrical Wires Forecasted Market Size by Country
8.2.1 Latin America Electrical Wires Sales in Volume by Country (2024-2029)
8.2.2 Latin America Electrical Wires Sales in Value by Country (2024-2029)
9 Middle East and Africa Electrical Wires by Country
9.1 Middle East and Africa Electrical Wires Historic Market Size by Country
9.1.1 Middle East and Africa Electrical Wires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Electrical Wires Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Electrical Wires Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Electrical Wires Forecasted Market Size by Country
9.2.1 Middle East and Africa Electrical Wires Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Electrical Wires Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Leoni
10.1.1 Leoni Company Information
10.1.2 Leoni Introduction and Business Overview
10.1.3 Leoni Electrical Wires Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Leoni Electrical Wires Products Offered
10.1.5 Leoni Recent Development
10.2 Judd Wire
10.2.1 Judd Wire Company Information
10.2.2 Judd Wire Introduction and Business Overview
10.2.3 Judd Wire Electrical Wires Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Judd Wire Electrical Wires Products Offered
10.2.5 Judd Wire Recent Development
10.3 Sumitomo Electric Industries
10.3.1 Sumitomo Electric Industries Company Information
10.3.2 Sumitomo Electric Industries Introduction and Business Overview
10.3.3 Sumitomo Electric Industries Electrical Wires Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Sumitomo Electric Industries Electrical Wires Products Offered
10.3.5 Sumitomo Electric Industries Recent Development
10.4 Furukawa Electric industries
10.4.1 Furukawa Electric industries Company Information
10.4.2 Furukawa Electric industries Introduction and Business Overview
10.4.3 Furukawa Electric industries Electrical Wires Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Furukawa Electric industries Electrical Wires Products Offered
10.4.5 Furukawa Electric industries Recent Development
10.5 General Cable Corporation
10.5.1 General Cable Corporation Company Information
10.5.2 General Cable Corporation Introduction and Business Overview
10.5.3 General Cable Corporation Electrical Wires Sales, Revenue and Gross Margin (2018-2023)
10.5.4 General Cable Corporation Electrical Wires Products Offered
10.5.5 General Cable Corporation Recent Development
10.6 Belden
10.6.1 Belden Company Information
10.6.2 Belden Introduction and Business Overview
10.6.3 Belden Electrical Wires Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Belden Electrical Wires Products Offered
10.6.5 Belden Recent Development
10.7 Cords Cable Industries Limited
10.7.1 Cords Cable Industries Limited Company Information
10.7.2 Cords Cable Industries Limited Introduction and Business Overview
10.7.3 Cords Cable Industries Limited Electrical Wires Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Cords Cable Industries Limited Electrical Wires Products Offered
10.7.5 Cords Cable Industries Limited Recent Development
10.8 Finolex Cables
10.8.1 Finolex Cables Company Information
10.8.2 Finolex Cables Introduction and Business Overview
10.8.3 Finolex Cables Electrical Wires Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Finolex Cables Electrical Wires Products Offered
10.8.5 Finolex Cables Recent Development
10.9 Torrent Cables
10.9.1 Torrent Cables Company Information
10.9.2 Torrent Cables Introduction and Business Overview
10.9.3 Torrent Cables Electrical Wires Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Torrent Cables Electrical Wires Products Offered
10.9.5 Torrent Cables Recent Development
10.10 Enfield Cables
10.10.1 Enfield Cables Company Information
10.10.2 Enfield Cables Introduction and Business Overview
10.10.3 Enfield Cables Electrical Wires Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Enfield Cables Electrical Wires Products Offered
10.10.5 Enfield Cables Recent Development
10.11 Hitachi Cable
10.11.1 Hitachi Cable Company Information
10.11.2 Hitachi Cable Introduction and Business Overview
10.11.3 Hitachi Cable Electrical Wires Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Hitachi Cable Electrical Wires Products Offered
10.11.5 Hitachi Cable Recent Development
10.12 Marlin Wire
10.12.1 Marlin Wire Company Information
10.12.2 Marlin Wire Introduction and Business Overview
10.12.3 Marlin Wire Electrical Wires Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Marlin Wire Electrical Wires Products Offered
10.12.5 Marlin Wire Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Electrical Wires 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 Electrical Wires Industrial Chain Analysis
11.4 Electrical Wires Market Dynamics
11.4.1 Electrical Wires Industry Trends
11.4.2 Electrical Wires Market Drivers
11.4.3 Electrical Wires Market Challenges
11.4.4 Electrical Wires Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Electrical Wires Distributors
12.3 Electrical Wires 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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