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Magnet Wire Market Professional Analysis Report 2019: Superior Essex, Rea, Sumitomo Electric and Other

 

Los Angeles, CA -- (SBWIRE) -- 02/14/2019 -- 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.

Asia-Pacific is the dominant consumption and export country of magnet wire, the sales of magnet wire is 2093 K Unit in 2016, according about 60% of the total amount. Asia-Pacific is also the biggest production country of magnet wire, with the large amount of production in China. Europe is the second largest sales area, with the market share of 16.26% in 2016. Even though a huge space for growth in the Asia-Pacific market exists, the quality and technology should further improve.

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Leading players in magnet wire industry are Superior Essex, Rea, Sumitomo Electric, Liljedahl and many Chinese manufactures. Superior Essex is the largest manufacturer, occupies about 10.92% revenue share of the market.
As large demand of high-end products at home and abroad, many companies began to enter the field of high-end. Currently, the Chinese magnet wire industry is not only begin to transit to high-end magnet wire products, while still extend in the resource-rich land and downstream industry chain.

The global Magnet Wire market is valued at 23700 million US$ in 2018 is expected to reach 27800 million US$ by the end of 2025, growing at a CAGR of 2.0% during 2019-2025.
This report focuses on Magnet Wire volume and value at global level, regional level and company level. From a global perspective, this report represents overall Magnet Wire market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

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Major Key Manufacturers of Magnet Wire Market 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

Magnet Wire market includes market size, segmentation data and geographical analysis of market growth trends, leading companies and microeconomic information.

Major Classification as follows:

Copper Magnet Wire, Aluminum Magnet Wire

Major Application as follows:

Motors, Transformers, Home Appliance, Reactor, Others

In terms of geography, this report is segmented into various regions, revenue (US$ Mn/Bn), sales (K Units), revenue share and growth rate of global Magnet Wire market for these geographies from 2019 to 2025 (Forecast period)

Regions Covered in the Global Magnet Wire Market:

North America (the United States, Canada and Mexico), South America (Brazil etc.), Europe (Germany, France, Russia UK, Italy, Turkey, etc.), Asia-Pacific (China, India, Malaysia, Japan, Philippines, Korea, Thailand, Vietnam, Indonesia, and Australia), The Middle East and Africa (GCC Countries and Egypt)
The report provides an in-depth analysis of the following –

Detailed Overview of Global Magnet Wire market helps deliver clients and businesses making strategies.
- It covers Magnet Wire industry outlines, upstream and downstream Magnet Wire market segments, cost analysis, and market utilizing power, market overview, product scope, product definition of Magnet Wire market driving forces.
- To provide detailed analysis, Market size and drivers from 2019 to 2025 including various segments and sub-segments of the Global Magnet Wire Market
- Analysis of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand
- The analysis of the competitive landscape of the global Magnet Wire market. It provides an overview of key players, together with information regarding key alliances, strategic initiatives, and financial analysis
- To provide Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders and Market Effect Factors Analysis of Magnet Wire market
- The Magnet Wire market report covers Volume, Revenue and Price Forecast 2019 to 2025

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Following are the years considered to forecast market size of the global Magnet Wire market:

Base Years- 2018
History year- 2014-2018
Projected Year- 2019-2025
In conclusion, the report makes some important proposals for a new project of Magnet Wire Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2018-2025 global Magnet Wire Market covering all important parameters.

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