The Europe Copper Magnetic Wire Market would witness market growth of 4.9% CAGR during the forecast period (2022-2028).
Magnetic wires are produced in various forms, including square, rectangle, and round. The magnetic wires' exact shape also determines the coil's tightness. Due to its characteristics of less space consumption and greater mechanical strength as compared to other shapes, round copper magnetic wires are utilized the most. These wires offer excellent flexibility, abrasion resistance, and strong mechanical strength. Copper magnetic wire is made of high-temperature enameled electrolytic tough pitch-grade copper, which makes up 99.97% of the material.
The coverings or enamels are selected based on the use and temperature requirements for the copper magnetic wires. In comparison to copper wires, the rate of accidents of their alternative counterparts is significantly higher. Specific qualities offered by the enamels include solderability, temperature resistance, and abrasion resistance, among others. Some manufacturers claim that the copper magnetic wires have two to three years of life and can withstand temperatures of up to 200oC. The copper magnetic wires have a size range of 0.02 to 3.00 mm.
The strong demand for semiconductor technologies has caused the electronics sector in the Europe region to grow steadily. Also, the installed renewable capacity in the region is regularly growing. Therefore, the demand for copper magnetic wire is anticipated to increase significantly over the next several years due to the expansion of the European markets for electronic devices and power production. According to the European Environment Agency, wind energy is expected to be crucial in helping Europe meet its goals for renewable energy. In addition, rising electric vehicle manufacturing is anticipated to fuel product demand in the upcoming years.
The Germany market dominated the Europe Copper Magnetic Wire Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,850.2 Million by 2028. The UK market is anticipated to grow at a CAGR of 4% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 5.6% during (2022 - 2028).
Based on Industry, the market is segmented into Machinery, Automotive, Construction, Aerospace and Others. Based on Type, the market is segmented into Enameled and Covered. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Copper Magnetic Wire Market is Projected to reach USD 31.6 Billion by 2028, at a CAGR of 5.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sumitomo Electric Industries, Ltd., LS Cable & System Ltd., Schwering & Hass Elektrodraht GmbH (SYNFLeX Elektro GmbH), Proterial, Ltd (Hitachi, Ltd), SAM Dong Co., Ltd, Elektrisola Dr. Gerd Schildbach GmbH & Co. KG, Rea Magnet Wire Company Inc., IRCE S.p.A., Dahrén Group (Liljedahl Group AB) and Hpw Metallwerk GmbH.
Scope of the Study
Market Segments Covered in the Report:
By Industry
- Machinery
- Automotive
- Construction
- Aerospace
- Others
By Type
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Sumitomo Electric Industries, Ltd.
- LS Cable & System Ltd.
- Schwering & Hass Elektrodraht GmbH (SYNFLeX Elektro GmbH)
- Proterial, Ltd (Hitachi, Ltd)
- SAM Dong Co., Ltd
- Elektrisola Dr. Gerd Schildbach GmbH & Co. KG
- Rea Magnet Wire Company Inc.
- IRCE S.p.A.
- Dahrén Group (Liljedahl Group AB)
- Hpw Metallwerk GmbH
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Copper Magnetic Wire Market, by Industry
1.4.2 Europe Copper Magnetic Wire Market, by Type
1.4.3 Europe Copper Magnetic Wire Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Copper Magnetic Wire Market by Industry
3.1 Europe Machinery Market by Country
3.2 Europe Automotive Market by Country
3.3 Europe Construction Market by Country
3.4 Europe Aerospace Market by Country
3.5 Europe Others Market by Country
Chapter 4. Europe Copper Magnetic Wire Market by Type
4.1 Europe Enameled Market by Country
4.2 Europe Covered Market by Country
Chapter 5. Europe Copper Magnetic Wire Market by Country
5.1 Germany Copper Magnetic Wire Market
5.1.1 Germany Copper Magnetic Wire Market by Industry
5.1.2 Germany Copper Magnetic Wire Market by Type
5.2 UK Copper Magnetic Wire Market
5.2.1 UK Copper Magnetic Wire Market by Industry
5.2.2 UK Copper Magnetic Wire Market by Type
5.3 France Copper Magnetic Wire Market
5.3.1 France Copper Magnetic Wire Market by Industry
5.3.2 France Copper Magnetic Wire Market by Type
5.4 Russia Copper Magnetic Wire Market
5.4.1 Russia Copper Magnetic Wire Market by Industry
5.4.2 Russia Copper Magnetic Wire Market by Type
5.5 Spain Copper Magnetic Wire Market
5.5.1 Spain Copper Magnetic Wire Market by Industry
5.5.2 Spain Copper Magnetic Wire Market by Type
5.6 Italy Copper Magnetic Wire Market
5.6.1 Italy Copper Magnetic Wire Market by Industry
5.6.2 Italy Copper Magnetic Wire Market by Type
5.7 Rest of Europe Copper Magnetic Wire Market
5.7.1 Rest of Europe Copper Magnetic Wire Market by Industry
5.7.2 Rest of Europe Copper Magnetic Wire Market by Type
Chapter 6. Company Profiles
6.1 Sumitomo Electric Industries, Ltd.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Regional & Segmental Analysis
6.1.4 Research & Development Expenses
6.1.5 Recent strategies and developments:
6.1.5.1 Partnerships, Collaborations, and Agreements:
6.2 LS Cable & System Ltd.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Recent strategies and developments:
6.2.3.1 Partnerships, Collaborations, and Agreements:
6.2.3.2 Geographical Expansions:
6.3 Schwering & Hass Elektrodraht GmbH (SYNFLeX Elektro GmbH)
6.3.1 Company Overview
6.4 Proterial, Ltd (Hitachi, Ltd)
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research & Development Expenses
6.5 SAM Dong Co., Ltd
6.5.1 Company Overview
6.6 Elektrisola Dr. Gerd Schildbach GmbH & Co. KG
6.6.1 Company Overview
6.7 Rea Magnet Wire Company Inc.
6.7.1 Company Overview
6.8 IRCE S.p.A.
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Regional Analysis
6.9 Dahrén Group (Liljedahl Group AB)
6.9.1 Company Overview
6.9.2 Financial Analysis
6.10. Hpw Metallwerk GmbH
6.10.1 Company Overview
TABLE 1 Europe Copper Magnetic Wire Market, 2018 - 2021, USD Million
TABLE 2 Europe Copper Magnetic Wire Market, 2022 - 2028, USD Million
TABLE 3 Europe Copper Magnetic Wire Market by Industry, 2018 - 2021, USD Million
TABLE 4 Europe Copper Magnetic Wire Market by Industry, 2022 - 2028, USD Million
TABLE 5 Europe Machinery Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Machinery Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Automotive Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Automotive Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Construction Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Construction Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Aerospace Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Aerospace Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Copper Magnetic Wire Market by Type, 2018 - 2021, USD Million
TABLE 16 Europe Copper Magnetic Wire Market by Type, 2022 - 2028, USD Million
TABLE 17 Europe Enameled Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Enameled Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Covered Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Covered Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Copper Magnetic Wire Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Copper Magnetic Wire Market by Country, 2022 - 2028, USD Million
TABLE 23 Germany Copper Magnetic Wire Market, 2018 - 2021, USD Million
TABLE 24 Germany Copper Magnetic Wire Market, 2022 - 2028, USD Million
TABLE 25 Germany Copper Magnetic Wire Market by Industry, 2018 - 2021, USD Million
TABLE 26 Germany Copper Magnetic Wire Market by Industry, 2022 - 2028, USD Million
TABLE 27 Germany Copper Magnetic Wire Market by Type, 2018 - 2021, USD Million
TABLE 28 Germany Copper Magnetic Wire Market by Type, 2022 - 2028, USD Million
TABLE 29 UK Copper Magnetic Wire Market, 2018 - 2021, USD Million
TABLE 30 UK Copper Magnetic Wire Market, 2022 - 2028, USD Million
TABLE 31 UK Copper Magnetic Wire Market by Industry, 2018 - 2021, USD Million
TABLE 32 UK Copper Magnetic Wire Market by Industry, 2022 - 2028, USD Million
TABLE 33 UK Copper Magnetic Wire Market by Type, 2018 - 2021, USD Million
TABLE 34 UK Copper Magnetic Wire Market by Type, 2022 - 2028, USD Million
TABLE 35 France Copper Magnetic Wire Market, 2018 - 2021, USD Million
TABLE 36 France Copper Magnetic Wire Market, 2022 - 2028, USD Million
TABLE 37 France Copper Magnetic Wire Market by Industry, 2018 - 2021, USD Million
TABLE 38 France Copper Magnetic Wire Market by Industry, 2022 - 2028, USD Million
TABLE 39 France Copper Magnetic Wire Market by Type, 2018 - 2021, USD Million
TABLE 40 France Copper Magnetic Wire Market by Type, 2022 - 2028, USD Million
TABLE 41 Russia Copper Magnetic Wire Market, 2018 - 2021, USD Million
TABLE 42 Russia Copper Magnetic Wire Market, 2022 - 2028, USD Million
TABLE 43 Russia Copper Magnetic Wire Market by Industry, 2018 - 2021, USD Million
TABLE 44 Russia Copper Magnetic Wire Market by Industry, 2022 - 2028, USD Million
TABLE 45 Russia Copper Magnetic Wire Market by Type, 2018 - 2021, USD Million
TABLE 46 Russia Copper Magnetic Wire Market by Type, 2022 - 2028, USD Million
TABLE 47 Spain Copper Magnetic Wire Market, 2018 - 2021, USD Million
TABLE 48 Spain Copper Magnetic Wire Market, 2022 - 2028, USD Million
TABLE 49 Spain Copper Magnetic Wire Market by Industry, 2018 - 2021, USD Million
TABLE 50 Spain Copper Magnetic Wire Market by Industry, 2022 - 2028, USD Million
TABLE 51 Spain Copper Magnetic Wire Market by Type, 2018 - 2021, USD Million
TABLE 52 Spain Copper Magnetic Wire Market by Type, 2022 - 2028, USD Million
TABLE 53 Italy Copper Magnetic Wire Market, 2018 - 2021, USD Million
TABLE 54 Italy Copper Magnetic Wire Market, 2022 - 2028, USD Million
TABLE 55 Italy Copper Magnetic Wire Market by Industry, 2018 - 2021, USD Million
TABLE 56 Italy Copper Magnetic Wire Market by Industry, 2022 - 2028, USD Million
TABLE 57 Italy Copper Magnetic Wire Market by Type, 2018 - 2021, USD Million
TABLE 58 Italy Copper Magnetic Wire Market by Type, 2022 - 2028, USD Million
TABLE 59 Rest of Europe Copper Magnetic Wire Market, 2018 - 2021, USD Million
TABLE 60 Rest of Europe Copper Magnetic Wire Market, 2022 - 2028, USD Million
TABLE 61 Rest of Europe Copper Magnetic Wire Market by Industry, 2018 - 2021, USD Million
TABLE 62 Rest of Europe Copper Magnetic Wire Market by Industry, 2022 - 2028, USD Million
TABLE 63 Rest of Europe Copper Magnetic Wire Market by Type, 2018 - 2021, USD Million
TABLE 64 Rest of Europe Copper Magnetic Wire Market by Type, 2022 - 2028, USD Million
TABLE 65 Key information – Sumitomo Electric Industries, Ltd.
TABLE 66 Key Information – LS Cable & System Ltd.
TABLE 67 Key Information – Schwering & Hasse Elektrodraht GmbH
TABLE 68 Key Information – Proterial, Ltd
TABLE 69 Key Information – SAM Dong Co., Ltd
TABLE 70 Key Information – Elektrisola Dr. Gerd Schildbach GmbH & Co. KG
TABLE 71 Key Information – Rea Magnet Wire Company Inc.
TABLE 72 Key Information – IRCE S.p.A
TABLE 73 Key Information – Dahren group
TABLE 74 Key Information – HPW Metallwerk GmbH
List of Figures
FIG 1 Methodology for the research