City of Industry, CA -- (SBWIRE) -- 07/03/2018 -- This report studies the global Magnet Wire industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.

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.

In consumption market, China is also the largest regional market for magnet wire, with revenue exceeding 13788 Million USD in 2015. Europe is the second-largest market with 10.85% of global consumption share while USA is about 9.49%.

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In application, magnet wire downstream is wide and recently magnet wire has acquired increasing significance in various fields of motors, transformers, home appliance and reactor. Globally, the magnet wire market is mainly driven by growing demand for motors and transformers which accounts for nearly 52.38% of total downstream consumption of magnet wire in global.

In last few years, the price of magnet wire was decreased year by year. The price of magnet wire will decrease from 12739 USD/MT in 2011 to 10123 USD/MT in 2016, owing to the raw material prices.

The global Magnet Wire market is valued at 23700 million USD in 2017 and is expected to reach 28400 million USD by the end of 2025, growing at a CAGR of 2.3% between 2018 and 2025.

This research report categorizes the China and global Magnet Wire market by type, end-use industry, and region.

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International Manufacturers Covered

Superior Essex

Rea

Sumitomo Electric

Liljedahl

Fujikura

Hitachi

IRCE

Magnekon

Condumex

Elektrisola

Von Roll

Alconex

Acebsa

ZML

Schwering & Hasse

Ederfil

China Local Manufacturers Covered

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

By Type

Copper Magnet Wire

Aluminum Magnet Wire

By Application

Motors

Transformers

Home Appliance

Reactor

Others

By Region

United States

Europe

Japan

Korea

Taiwan

About QY Research
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.