0
2021
Copper Wire And Cable Market

Copper Wire and Cable Market

By Type (Wire and Cable), Voltage (Low, Medium, and High), and Application (Building Wire, Communication, Power Distribution, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030
Update Available On-Demand

Report Code: A12418
Pages: 269
Jul 2021 | 3655 Views
Author(s) : Shantanu Sachan , Vineet Kumar
Tables: 114
Charts: 74
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Copper Wire And Cable Market

Request Now !

Copper Wire and Cable Market Outlook – 2030 

The global copper wire and cable market was valued at $156.11 billion in 2020, and is projected to reach $267.17 billion by 2030, registering a CAGR of      from 2021 to 2030. Copper wire and cable are made from copper used in electrics. These wires come with a cylindrical shape and are commonly used in electronics and electrical applications. They consist of a single conductor for electrical signals, unlike a copper cable wherein multiple copper wires are assembled into a common jacket. 

COVID-19 scenario to impact application segment in the Building Wire Market negatively.

The most common function of copper wire and cable is the conduction of electricity with minimal resistance which causes voltage drops as well as energy dissipation in the form of heat. Copper wire offers more conductivity and it requires less insulation and can be stretched effectively than other metals, though residential, commercial and industrial applications require installation of insulated copper wire. 

Copper-Wire-&-Cable-Market-2021-2030

On the basis of voltage, the low voltage segment dominated the growth of the market in 2020. This is due to the upsurge in usage of low voltage cables in building wires, appliance wires, LAN cables, distribution networks, and others. However, high voltage segment is projected to witness highest growth rate during the forecast period. The wires and cables in this segment are used for transmission of electricity of more than 1,000 volts. Demand from power distribution, telecom, oil & gas, aerospace, and defense drives growth of this segment.

Copper Wire and Cable Market
By Type

Your browser does not support the canvas element.

Copper Wire segment will dominate the market throughout the forecast period

Get more information on this report : Request Sample Pages

Segment Overview

The copper wire and cable market is segmented on the basis of type, voltage, application, and region. On the basis of type, the market is bifurcated into wire and cable. By voltage, the market is classified into low, medium, and high. On the basis of application, the market is divided into building wire, communication, power distribution, and others.

Copper Wire and Cable Market
By Voltage

Your browser does not support the canvas element.

Low Voltage segment will generate the highest revenue during 2021 - 2030

Get more information on this report : Request Sample Pages

Region wise, the copper wire and cable market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific is expected to develop at the highest growth rate during the conjecture time frame. 

Copper Wire and Cable Market
By Application

Your browser does not support the canvas element.

Power Distribution segment will maintain the lead during 2021 - 2030

Get more information on this report : Request Sample Pages

Increase in industrialization and urbanization along with the surge in investments that are focused on infrastructure development across the developing countries in the Asia-Pacific mainly drives the growth of the market. The Asia-Pacific region is experiencing huge growth in demand for light, power, and communication, significantly boosting the growth of the market.

Copper Wire and Cable Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific region will dominate the market during 2021 - 2030

Get more information on this report : Request Sample Pages

Leading copper wire and cable market players such as Mitsubishi Materials Co., NBM Metals, Inc., Sandvik AB, and Elektrokoppar are focusing their investment on improving their portfolio by various strategies. For instance, in February 2020, Japan-based Mitsubishi Materials (MMC) acquired a 30% interest in Mantoverde copper mine and associated projects from Mantos Copper in Chile. Moreover, the companies aim for business expansion through mergers & acquisitions and partnerships to prevent the new entrants from capturing/entering the market.

Top Impacting Factors

Factors such as increased demand for electricity and robust investments in building construction mainly drives growth of the copper wire and cable market. In addition, the development of smart grids along with the upsurge in investments in smart upgrading of the power transmission and distribution systems boost the demand for copper wire and cable. However, volatility in the prices of raw materials are projected to hamper growth of the market. On the contrary, rapid urbanization along with the rise in investments across the industrial sector is anticipated to create lucrative growth opportunities for the market during the forecast period.

Competitive Analysis

Competitive analysis and profiles of the major copper wire and cable market players such as Aviva Metals (NBM Metals), Belden Inc., CommScope Holding Company Inc., Elcowire Group AB (Liljedahl Group AB), Hitachi Metals Ltd., Nexans S.A., Ningbo Jintian Copper (Group) CO. LTD., Schneider Electric SE, Tatung Co. Ltd., and Tongling Jingda Special Magnet Wire Co. Ltd. These key players have adopted various strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to increase their market penetration and strengthen their foothold in the industry.

COVID-19 Impact Analysis

Global Copper wire and cable industry has been significantly impacted by the covid-19 outbreak. The production facilities of the electrical, electronics and semiconductors have been halted, owing to the slowdown and unavailability of the workforce across the globe. COVID-19 outbreak has caused a significant and protracted drop in manufacturing utilization, and travel bans & facility closures kept workers out of their factories, which led to slowdown in the copper wire and cable market growth in 2020. 

The Asian and European countries under lockdowns have suffered major loss of business and revenue, due to the shutdown of manufacturing units in the region. The operations of the production and manufacturing industries have been heavily impacted by the outbreak of the COVID-19 disease; thereby, leading to slowdown in the growth of the copper wire and cable market in 2020.  

However, the negative impact of COVID-19 on the copper wire and cable market is expected to remain for a short period of time, and by early 2021 the market is anticipated to observe robust recovery rate along with the extensive demand for copper wire and cable products during post pandemic. This is due to rise in number of market players reassessing their strategies to stabilize their supply chain. 

Key Benefits For Stakeholders

  • This study comprises analytical depiction of the global copper wire and cable market size along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall copper wire and cable market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current copper wire and cable market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and the copper wire and cable market share of key vendors.
  • The report includes the market trends and the market share of key vendors.

Copper Wire and Cable Market Key Segments

By Type

  • Wire 
  • Cable

By Voltage

  • Low
  • Medium
  • High

By Application

  • Building Wire
  • Communication
  • Power Distribution
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China 
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East 
    • Africa

Key Market Players

  • Aviva Metals (NBM Metals)
  • Belden Inc.
  • CommScope Holding Company Inc.
  • Elcowire Group AB (Liljedahl Group AB)
  • Hitachi Metals Ltd.
  • Nexans S.A.
  • Ningbo Jintian Copper (Group) CO. LTD.
  • Schneider Electric SE 
  • Tatung Co. Ltd.
  • Tongling Jingda Special Magnet Wire Co. Ltd.
 

Loading Table Of Content...


 
 

According to the CXOs of leading companies, the copper wire and cable market is going through enormous transformation and growth. Factors such as increased demand for electricity and robust investments in building construction mainly drives the growth of the copper wire and cable market. 

In addition, the development of smart grids along with the upsurge in investments in smart upgrading of the power transmission and distribution systems boost the demand for copper wire and cable. On the contrary, rapid urbanization along with the rise in investments across industrial sector is anticipated to create lucrative growth opportunities for the market during the forecast period.

The global copper wire and cable market is anticipated to witness significant growth during the forecast period. Rise in demand for electricity and robust investments in building construction drive the growth of the copper wire and cable market. Moreover, the development of intelligent grids along with the increased investments in smart up-gradation of the power transmission and distribution systems boost the demand for copper wire and cable in the market. However, volatility in the prices of raw materials is projected to hamper the growth of the market.

The copper wire and cable market is competitive and comprises a number of regional and global vendors competing based on factors such as cost of hardware; reliability; efficiency; and cost of the product and support services. Vendors operating in the market are developing advanced copper wire and cable solutions to improve the marketing strategies of enterprises, owing to the competition. 

For instance, in September 2019, Spectra7 Microsystems Inc., a provider of high-performance analog semiconductor products for broadband connectivity markets and the Telecommunication Systems business unit of Leoni’s Wire and Cables Solution Division demonstrated new CRX Consortium Active Copper Cable technology at the China International Optoelectronic Expo (CIOE) 2019.

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
FREQUENTLY ASKED QUESTIONS?

A. The Copper Wire and Cable Market is estimated to grow at a CAGR of 6.0% from 2021 to 2030.

A. The Copper Wire and Cable Market is projected to reach $267.17 billion by 2030.

A. To get the latest version of sample report

A. Increased demand for electricity and robust investments in building construction etc. boost the Copper Wire and Cable market growth.

A. The key players profiled in the report include Aviva Metals (NBM Metals), Belden Inc., CommScope Holding Company Inc., and many more.

A. On the basis of top growing big corporations, we select top 10 players.

A. The Copper Wire and Cable Market is segmented on the basis of type, voltage, application, and region.

A. The key growth strategies of Copper Wire and Cable market players include product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations.

A. Low Voltage segment would grow at a highest CAGR of 7.1% during the forecast period.

A. Power Distribution segment will dominate the market by the end of 2030.

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS
 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

Download Free Sample

OR

Purchase Full Report of
Copper Wire And Cable Market

Start reading instantly.
This Report and over 18,752+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Jul 2022 - Jul 2023)
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Jul 2022 - Jul 2023)
  • Single User
  • $5,769
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Jul 2022 - Jul 2023)
  • Five Users
  • $6,450
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Jul 2022 - Jul 2023)
  • Enterprise
    License/PDF

  • $10,995
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Jul 2022 - Jul 2023)
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers