NEW YORK, March 29, 2023 /PRNewswire/ -- The copper alloy wire market is poised to grow by USD 18.16 billion from 2021 to 2026, progressing at a CAGR of 3.21% during the forecast period, according to Technavio. The copper alloy wire market is segmented by application (electrical and electronics, construction, automotive, and others) and geography (APAC, Europe, North America, South America, and the Middle East and Africa). The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alloy Wire International, Aviva Metals Inc., Chaplin Bros Birmingham Ltd., CK SAN ETSU Co. Ltd., Deutsche Nickel GmbH, Diehl Stiftung and Co.KG, Furukawa Electric Co. Ltd., International Bron Metal SA, Jelliff, JLC Electromet Pvt. Ltd., Kamman Group, Knight Group, Little Falls Alloys, Metals United Alloys And Fusion Products Ltd., Mitsubishi Materials Corp., RCI Industries and Technologies Ltd., Saru Precision Wires Pvt. Ltd., Ulbrich Stainless Steels and Special Metals Inc., Wieland Werke AG, and YAMAKIN Co. Ltd. are some of the major market participants. The report offers an up-to-date analysis, and to know the exact growth variance and the Y-O-Y growth rate, Request a sample report.
Growing communication and electrical and electronics industries have been instrumental in driving the growth of the market. However, increasing impurities in the global copper concentrate supply might hamper the market growth. Copper alloy wires are extensively used in communication and electrical and electronics industries, especially in domestic subscriber lines, local area networks, mobile phones, transformers, connectors, and other major as well as minor electronic gadgets. They are used in manufacturing circuits in microprocessors, owing to their heat-sink properties and high efficiency. Because of their high electrical conductivity, they are widely used to manufacture power cables for medium- and low-voltage applications. The global electrical and electronics industry is growing rapidly. Hence, with the growth of the communication and electrical, and electronics industries, the demand for copper alloy wires will increase significantly during the forecast period.
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Copper Alloy Wire Market 2022-2026: Segmentation
The market share growth in the electrical and electronics segment will be significant for the market growth during the forecast period. The electrical and electronics segment is estimated to be the largest segment of the global market during the forecast period. Copper alloy wires are widely used in electrical and electronic applications, due to their specific properties such as thermal and electrical conductivity, ductility, abrasion resistance, high mechanical strength, and biofouling resistance.
Geographic Analysis
APAC is estimated to account for 61% of the global market growth during the forecast period. China and Japan are the key markets for copper alloy wire in the region. Market growth in this region is estimated to be faster than the growth of the market in other regions. The rapid industrialization and the growth of the regional electrical and electronics industry will facilitate market growth in APAC over the forecast period.
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Copper Alloy Wire Market 2022-2026: Key Highlights
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist copper alloy wire market growth during the next five years
- Estimation of the copper alloy wire market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the copper alloy wire market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of copper alloy wire market vendors
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Copper Alloy Wire Market Scope |
|
Report Coverage |
Details |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.21% |
Market growth 2022-2026 |
USD 18.16 billion |
Market structure |
Fragmented |
YoY growth 2021-2022 (%) |
3.04 |
Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
Performing market contribution |
APAC at 61% |
Key countries |
US, China, Japan, Germany, and France |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Alloy Wire International, Aviva Metals Inc., Chaplin Bros Birmingham Ltd., CK SAN ETSU Co. Ltd., Deutsche Nickel GmbH, Diehl Stiftung and Co.KG, Furukawa Electric Co. Ltd., International Bron Metal SA, Jelliff, JLC Electromet Pvt. Ltd., Kamman Group, Knight Group, Little Falls Alloys, Metals United Alloys And Fusion Products Ltd., Mitsubishi Materials Corp., RCI Industries and Technologies Ltd., Saru Precision Wires Pvt. Ltd., Ulbrich Stainless Steels and Special Metals Inc., Wieland Werke AG, and YAMAKIN Co. Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Table Of Contents :
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Application
- 5.1 Market segments
- Exhibit 24: Chart on Application - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
- 5.2 Comparison by Application
- Exhibit 26: Chart on Comparison by Application
- Exhibit 27: Data Table on Comparison by Application
- 5.3 Electrical and electronics - Market size and forecast 2021-2026
- Exhibit 28: Chart on Electrical and electronics - Market size and forecast 2021-2026 ($ billion)
- Exhibit 29: Data Table on Electrical and electronics - Market size and forecast 2021-2026 ($ billion)
- Exhibit 30: Chart on Electrical and electronics - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Electrical and electronics - Year-over-year growth 2021-2026 (%)
- 5.4 Construction - Market size and forecast 2021-2026
- Exhibit 32: Chart on Construction - Market size and forecast 2021-2026 ($ billion)
- Exhibit 33: Data Table on Construction - Market size and forecast 2021-2026 ($ billion)
- Exhibit 34: Chart on Construction - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Construction - Year-over-year growth 2021-2026 (%)
- 5.5 Automotive - Market size and forecast 2021-2026
- Exhibit 36: Chart on Automotive - Market size and forecast 2021-2026 ($ billion)
- Exhibit 37: Data Table on Automotive - Market size and forecast 2021-2026 ($ billion)
- Exhibit 38: Chart on Automotive - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Automotive - Year-over-year growth 2021-2026 (%)
- 5.6 Others - Market size and forecast 2021-2026
- Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ billion)
- Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ billion)
- Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)
- 5.7 Market opportunity by Application
- Exhibit 44: Market opportunity by Application ($ billion)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 46: Chart on Market share by geography 2021-2026 (%)
- Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 48: Chart on Geographic comparison
- Exhibit 49: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
- Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
- Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 North America - Market size and forecast 2021-2026
- Exhibit 58: Chart on North America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 59: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 60: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
- Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
- Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 China - Market size and forecast 2021-2026
- Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ billion)
- Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ billion)
- Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.9 Japan - Market size and forecast 2021-2026
- Exhibit 74: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
- Exhibit 75: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
- Exhibit 76: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.10 US - Market size and forecast 2021-2026
- Exhibit 78: Chart on US - Market size and forecast 2021-2026 ($ billion)
- Exhibit 79: Data Table on US - Market size and forecast 2021-2026 ($ billion)
- Exhibit 80: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.11 Germany - Market size and forecast 2021-2026
- Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
- Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
- Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.12 France - Market size and forecast 2021-2026
- Exhibit 86: Chart on France - Market size and forecast 2021-2026 ($ billion)
- Exhibit 87: Data Table on France - Market size and forecast 2021-2026 ($ billion)
- Exhibit 88: Chart on France - Year-over-year growth 2021-2026 (%)
- Exhibit 89: Data Table on France - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 90: Market opportunity by geography ($ billion)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 91: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 93: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 94: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 95: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 96: Matrix on vendor position and classification
- 10.3 Alloy Wire International
- Exhibit 97: Alloy Wire International - Overview
- Exhibit 98: Alloy Wire International - Product / Service
- Exhibit 99: Alloy Wire International - Key offerings
- 10.4 Aviva Metals Inc.
- Exhibit 100: Aviva Metals Inc. - Overview
- Exhibit 101: Aviva Metals Inc. - Product / Service
- Exhibit 102: Aviva Metals Inc. - Key offerings
- 10.5 CK SAN ETSU Co. Ltd.
- Exhibit 103: CK SAN ETSU Co. Ltd. - Overview
- Exhibit 104: CK SAN ETSU Co. Ltd. - Product / Service
- Exhibit 105: CK SAN ETSU Co. Ltd. - Key offerings
- 10.6 Deutsche Nickel GmbH
- Exhibit 106: Deutsche Nickel GmbH - Overview
- Exhibit 107: Deutsche Nickel GmbH - Product / Service
- Exhibit 108: Deutsche Nickel GmbH - Key offerings
- 10.7 Diehl Stiftung and Co.KG
- Exhibit 109: Diehl Stiftung and Co.KG - Overview
- Exhibit 110: Diehl Stiftung and Co.KG - Business segments
- Exhibit 111: Diehl Stiftung and Co.KG - Key offerings
- Exhibit 112: Diehl Stiftung and Co.KG - Segment focus
- 10.8 Furukawa Electric Co. Ltd.
- Exhibit 113: Furukawa Electric Co. Ltd. - Overview
- Exhibit 114: Furukawa Electric Co. Ltd. - Business segments
- Exhibit 115: Furukawa Electric Co. Ltd. - Key offerings
- Exhibit 116: Furukawa Electric Co. Ltd. - Segment focus
- 10.9 RCI Industries and Technologies Ltd.
- Exhibit 117: RCI Industries and Technologies Ltd. - Overview
- Exhibit 118: RCI Industries and Technologies Ltd. - Product / Service
- Exhibit 119: RCI Industries and Technologies Ltd. - Key offerings
- 10.10 Ulbrich Stainless Steels and Special Metals Inc.
- Exhibit 120: Ulbrich Stainless Steels and Special Metals Inc. - Overview
- Exhibit 121: Ulbrich Stainless Steels and Special Metals Inc. - Product / Service
- Exhibit 122: Ulbrich Stainless Steels and Special Metals Inc. - Key offerings
- 10.11 Wieland Werke AG
- Exhibit 123: Wieland Werke AG - Overview
- Exhibit 124: Wieland Werke AG - Product / Service
- Exhibit 125: Wieland Werke AG - Key offerings
- 10.12 YAMAKIN Co. Ltd.
- Exhibit 126: YAMAKIN Co. Ltd. - Overview
- Exhibit 127: YAMAKIN Co. Ltd. - Product / Service
- Exhibit 128: YAMAKIN Co. Ltd. - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 129: Inclusions checklist
- Exhibit 130: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 131: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 132: Research methodology
- Exhibit 133: Validation techniques employed for market sizing
- Exhibit 134: Information sources
- 11.5 List of abbreviations
- Exhibit 135: List of abbreviations
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