Edison, NJ -- (SBWIRE) -- 07/26/2019 -- Advance Market Analytics recently introduced Global Magnet Wire Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2025. Magnet Wire Market explores effective study on varied sections of Industry like opportunities, size, growth, technology, demand and trend of high leading players. It also provides market key statistics on the status of manufacturers, a valuable source of guidance, direction for companies and individuals interested in the industry.
Magnet wire, which is also known as enameled wire is an aluminum or copper wire coated with a thin layer of insulation. Magnet Wire is used in the construction of motors, speakers, transformers, inductors, hard disk head actuators, electromagnets, and other applications which requires tight coils of the insulated wire. The wire itself is mostly electrolytically refined, fully annealed copper wire. Aluminum magnet wire is many times used for large transformers and motors. The insulation is basically made of tough polymer film materials rather than the enamel, as the name suggests. The market of magnet wire is growing due to the expanding demand for the home device, transformers, motors, and reactors across the Globe, while the factors like cracking and bulging of insulation are hampering the future market growth.
Major Key Players in This Report Include,
LS Cable & System (South Korea), Elektrisola (Germany), REA Magnet Wire (United States), Sumitomo Electric Industries, Ltd. (Japan), Samdong Co., Ltd. (South Korea), LWW Group (Sweden), IRCE S.p.A. (Italy), Tongling Jingda Special Magnet Wire Co., Ltd. (China), Furukawa Electric Co., Ltd. (Japan) and Fujikura Ltd. (Japan).
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Market Drivers
- Growing Market of Electric Vehicles
Market Trend
- Huge demand for insulated wire
Restraints
- Shift Towards Compact Motors
Opportunities
- Expanding Demand for Transformers, Motors, Home Device, and Reactors across the Globe
This research is categorized differently considering the various aspects of this market. It also evaluates the current situation and the future of the market by using the forecast horizon. The forecast is analyzed based on the volume and revenue of this market. The tools used for analyzing the Global Magnet Wire Market research report include SWOT analysis.
The titled segments and Market Data Break Down are illuminated below:
The Study Explore the Product Types of Magnet Wire Market: Copper Magnet Wire, Aluminum Magnet Wire
Key Applications/end-users of Global Magnet Wire Market: Motors for electrical equipment, Generators, Reactor, Other motors and electric equipment requiring, High efficiency and reliability
Temperature: 105 °C, 130 °C, 155 °C, 180 °C, 220 °C.
Shape: Round Magnet Wire, Rectangle Magnet Wire, Square Magnet Wire
End Use: Electrical & Electronics, Industrial, Transportation, Infrastructure
Top Players in the Market are: LS Cable & System (South Korea), Elektrisola (Germany), REA Magnet Wire (United States), Sumitomo Electric Industries, Ltd. (Japan), Samdong Co., Ltd. (South Korea), LWW Group (Sweden), IRCE S.p.A. (Italy), Tongling Jingda Special Magnet Wire Co., Ltd. (China), Furukawa Electric Co., Ltd. (Japan) and Fujikura Ltd. (Japan).
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The regional analysis of Global Magnet Wire Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2019-2025.
Strategic Points Covered in Table of Content of Global Magnet Wire Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Magnet Wire market
Chapter 2: Exclusive Summary – the basic information of the Magnet Wire Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Magnet Wire
Chapter 4: Presenting the Magnet Wire Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the Magnet Wire market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Magnet Wire Market is a valuable source of guidance for individuals and companies.
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