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.
This report contains market size and forecasts of Copper Stranded Wire in global, including the following market information:
Global Copper Stranded Wire Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Copper Stranded Wire Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Copper Stranded Wire companies in 2021 (%)
The global Copper Stranded Wire market was valued at 231.5 million in 2021 and is projected to reach US$ 278.6 million by 2028, at a CAGR of 2.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Solid Copper Stranded Wire Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Copper Stranded Wire include Prysmian Group, Nexans, General Cable, SUMITOMO ELECTRIC, Southwire, SKB Group, FESE, Superior Essex and Poly Cab, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Copper Stranded Wire manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Copper Stranded Wire Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Copper Stranded Wire Market Segment Percentages, by Type, 2021 (%)
Solid Copper Stranded Wire
Soft Copper Stranded Wire
Global Copper Stranded Wire Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Copper Stranded Wire Market Segment Percentages, by Application, 2021 (%)
Energy
Telecommunication
Transportation
Others
Global Copper Stranded Wire Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Copper Stranded Wire Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Copper Stranded Wire revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Copper Stranded Wire revenues share in global market, 2021 (%)
Key companies Copper Stranded Wire sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Copper Stranded Wire sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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