Copper wire is extensively used for electrical wiring in homes, commercial areas, buildings, and industries. Stranded copper wire, used extensively in the electrical applications is composed of numerous small wires bundled together to form a larger conductor. Stranded wire is composed of a number of small wires bundled or wrapped together to form a larger conductor. Stranded wire is more flexible than solid wire of the same total cross-sectional area. Stranded wire tends to be a better conductor than solid wire because the individual wires collectively comprise a greater surface area. Stranded wire is used when higher resistance to metal fatigue is required.
Copper stranded wire seals mainly focus on China and Southeast Asia, China copper stranded wire take about 41.03% market share of global copper stranded wire products seals in 2015, the followed is Southeast Asia, take about 16.56% .
Global demand for copper stranded wire is steady. The application for Energy and Telecommunication slowly lose their market share, in that, the growth rate of global market will slow down markedly. The uses of copper reflect its variety of material properties: because of its excellent electrical and thermal conductivity, it is ideally suited for use in electrical engineering, electronics and telecommunications. Its electrical conductivity is 1.5 times as high as that of aluminum, which makes copper the preferred input material for electrical mains. Despite its very good formability, copper is extremely strong with high corrosion resistance. The increasing interconnectedness in our offices and households, growing demands on information and communication technology, a sustainable and environmentally sound energy supply and high safety and comfort standard. Modern life wouldn’t be possible without copper.
Despite the presence of competition problems, the global recovery trend is clear, copper stranded wire retains its advantage in many application field, investors are still optimistic about this area; the future will still have more new investment enter the field.
According to this study, over the next five years the Copper Stranded Wire market will register a 0.4% CAGR in terms of revenue, the global market size will reach US$ 230 million by 2024, from US$ 220 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Copper Stranded Wire business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Copper Stranded Wire market by product type, application, key manufacturers and key regions and countries.
This study considers the Copper Stranded Wire value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Solid Copper Stranded Wire
Soft Copper Stranded Wire
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Energy
Telecommunication
Transportation
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Prysmian Group
Nexans
General Cable
SUMITOMO ELECTRIC
Southwire
SKB Group
FESE
Superior Essex
Poly Cab
Alfanar
Service Wire
Owl Wire & Cable
Pewc
Sarkuysan
ADC
Alan Wire
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Copper Stranded Wire consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Copper Stranded Wire market by identifying its various subsegments.
Focuses on the key global Copper Stranded Wire manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Copper Stranded Wire with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Copper Stranded Wire submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Copper Stranded Wire . Industry analysis & Market Report on Copper Stranded Wire is a syndicated market report, published as Global Copper Stranded Wire Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Copper Stranded Wire market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.