Global Aluminum Wire Market Size study & Forecast, by Type (Enameled Paper, Insulated, Fiber Glass Insulated, Nomex Insulated, Mica Insulated, Cotton Insulated) By Application Automobile, Circuit Breakers, Switches and Meters, Home Electrical Appliances,

Global Aluminum Wire Market Size study & Forecast, by Type (Enameled Paper, Insulated, Fiber Glass Insulated, Nomex Insulated, Mica Insulated, Cotton Insulated) By Application Automobile, Circuit Breakers, Switches and Meters, Home Electrical Appliances, Motors, Transformers) and Regional Analysis, 2022-2029

Global Aluminum Wire Market is valued at approximately USD 56.62 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 3.3 % over the forecast period 2022-2029. Aluminum Wire is a common material used in the construction of electrical wires. It is cheaper and lighter than copper wiring, almost half the price. The Aluminum Wire market is expanding because of factors such as rising demand for aluminum wires in automotive industries and increasing consumption of electricity.

According to the Statista, by 2030, some 570 pounds of aluminum are expected to be used per light vehicle in North America. The content of aluminum per vehicle in North America is anticipated to grow at a compound annual growth rate of around 3.5 percent between 1975 and 2030. Furthermore, the global automotive manufacturing market was worth about 2.86 trillion U.S. dollars in 2021. The market is projected to grow to some 2.95 trillion U.S. dollars in 2022. Another important component driving space is increasing consumption of electricity Iceland is by far the largest per capita consumer of electricity worldwide, averaging 52.98 megawatt-hours per person in 2021. In addition, China consumes by the most amount of electricity in the world, with more than 7.8 terawatt-hours consumed in 2021. The United States ranked as the second-leading electricity consumer, with nearly 4,000 terawatt hours followed by India with 1.4 terawatt hours in consumption. However, usage of copper as a substitute stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Aluminum Wire Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the space in terms of revenue, owing to the increase in construction spending and infrastructure development projects. According to Statista, the value of real estate investments in the Asia-Pacific region was estimated at approximately 140.5 billion U.S. dollars in 2021 a significant increase from 2020, when it amounted to 108 billion U.S. dollars. North America is expected to grow significantly during the forecast period, owing to factors such as Increasing demand for advanced home solutions and electrical fittings in the market space.

Major market player included in this report are:

General Cable Technologies Corporation
Southwire Company, LLC
Nexans S.A
REA Group Ltd
Sam Dong America
HongFan Holdings
Norsk Hydro ASA
Vedanta Resources Limited
Vimetco NV
LWW Group

Recent Developments in the Market:
 In January 2020, Southwire announced Closure of Hayesville Plant, and the manufacturing of the wire and cable products currently made in Hayesville would be moved to other Southwire plants in order to ensure the proper alignment for making the best use of facilities and best meet the needs of our customers.

 In Dec 2022, Hydro investing in the green transition and Norwegian aluminum plants. Hydro is investing in new technology to produce low-carbon aluminium and initiated projects worth NOK 3 billion at the Karmøy, Husnes, Høyanger, Årdal and Sunndal aluminium plants. This investment at plant will help Hydro take a leading role in climate efficient aluminium solutions through continued industrial development and initiatives driving the green transition.


Global Aluminium Wire Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Application, Type, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Enameled Paper Insulated
Fiber Glass Insulated
Nomex Insulated
Mica Insulated
Cotton Insulated


By Application:
Automobile
Circuit Breakers
Switches and Meters
Home Electrical Appliances
Motors
Transformers

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World


Companies Mentioned
General Cable Technologies Corporation
Southwire Company, LLC
Nexans S.A
REA Group Ltd
Sam Dong America
HongFan Holdings
Norsk Hydro ASA
Vedanta Resources Limited
Vimetco NV
LWW Group

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.


Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Aluminum Wire Market, by Region, 2019-2029 (USD Billion)
1.2.2. Aluminum Wire Market, by Type, 2019-2029 (USD Billion)
1.2.3. Aluminum Wire Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Aluminum Wire Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Aluminum Wire Market Dynamics
3.1. Aluminum Wire Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Rising demand for aluminium wires in automotive industries
3.1.1.2. Increasing consumption of electricity
3.1.2. Market Challenges
3.1.2.1. Copper can act as a substitute in place of Aluminium.
3.1.3. Market Opportunities
3.1.3.1. Increasing demand for advanced home solutions
Chapter 4. Global Aluminum Wire Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Aluminum Wire Market, by Type
6.1. Market Snapshot
6.2. Global Aluminum Wire Market by Type, Performance - Potential Analysis
6.3. Global Aluminum Wire Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Aluminum Wire Market, Sub Segment Analysis
6.4.1. Enameled Paper Insulated
6.4.2. Fiber Glass Insulated
6.4.3. Nomex Insulated
6.4.4. Mica Insulated
6.4.5. Cotton Insulated
Chapter 7. Global Aluminum Wire Market, by Application
7.1. Market Snapshot
7.2. Global Aluminum Wire Market by Application, Performance - Potential Analysis
7.3. Global Aluminum Wire Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Aluminum Wire Market, Sub Segment Analysis
7.4.1. Automobile
7.4.2. Circuit Breakers
7.4.3. Switches and Meters
7.4.4. Home Electrical Appliances
7.4.5. Motors
7.4.6. Transformers
Chapter 8. Global Aluminum Wire Market, Regional Analysis
8.1. Aluminum Wire Market, Regional Market Snapshot
8.2. North America Aluminum Wire Market
8.2.1. U.S. Aluminum Wire Market
8.2.1.1. Type breakdown estimates & forecasts, 2019-2029
8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
8.2.2. Canada Aluminum Wire Market
8.3. Europe Aluminum Wire Market Snapshot
8.3.1. U.K. Aluminum Wire Market
8.3.2. Germany Aluminum Wire Market
8.3.3. France Aluminum Wire Market
8.3.4. Spain Aluminum Wire Market
8.3.5. Italy Aluminum Wire Market
8.3.6. Rest of Europe Aluminum Wire Market
8.4. Asia-Pacific Aluminum Wire Market Snapshot
8.4.1. China Aluminum Wire Market
8.4.2. India Aluminum Wire Market
8.4.3. Japan Aluminum Wire Market
8.4.4. Australia Aluminum Wire Market
8.4.5. South Korea Aluminum Wire Market
8.4.6. Rest of Asia Pacific Aluminum Wire Market
8.5. Latin America Aluminum Wire Market Snapshot
8.5.1. Brazil Aluminum Wire Market
8.5.2. Mexico Aluminum Wire Market
8.6. Rest of The World Aluminum Wire Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. General Cable Technologies Corporation
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Southwire Company, LLC
9.2.3. Nexans S.A
9.2.4. REA Group Ltd
9.2.5. Sam Dong America
9.2.6. HongFan Holdings
9.2.7. Norsk Hydro ASA
9.2.8. Vedanta Resources Limited
9.2.9. Vimetco NV
9.2.10. LWW Group
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
List of Tables
TABLE 1. Global Aluminum Wire Market, report scope
TABLE 2. Global Aluminum Wire Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Aluminum Wire Market estimates & forecasts by Type 2019-2029 (USD Billion)
TABLE 4. Global Aluminum Wire Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 5. Global Aluminum Wire Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Aluminum Wire Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Aluminum Wire Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Aluminum Wire Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Aluminum Wire Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Aluminum Wire Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Aluminum Wire Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Aluminum Wire Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Aluminum Wire Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Aluminum Wire Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Aluminum Wire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Aluminum Wire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Aluminum Wire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Aluminum Wire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Aluminum Wire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Aluminum Wire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Aluminum Wire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Aluminum Wire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Aluminum Wire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Aluminum Wire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Aluminum Wire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Aluminum Wire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Aluminum Wire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Aluminum Wire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Aluminum Wire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Aluminum Wire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Aluminum Wire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Aluminum Wire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Aluminum Wire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Aluminum Wire Market
TABLE 70. List of primary sources, used in the study of global Aluminum Wire Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
FIGURE 1. Global Aluminum Wire Market, research methodology
FIGURE 2. Global Aluminum Wire Market, Market estimation techniques
FIGURE 3. Global Market size estimates & forecast methods
FIGURE 4. Global Aluminum Wire Market, key trends 2021
FIGURE 5. Global Aluminum Wire Market, growth prospects 2022-2029
FIGURE 6. Global Aluminum Wire Market, porters 5 force model
FIGURE 7. Global Aluminum Wire Market, pest analysis
FIGURE 8. Global Aluminum Wire Market, value chain analysis
FIGURE 9. Global Aluminum Wire Market by segment, 2019 & 2029 (USD Billion)
FIGURE 10. Global Aluminum Wire Market by segment, 2019 & 2029 (USD Billion)
FIGURE 11. Global Aluminum Wire Market by segment, 2019 & 2029 (USD Billion)
FIGURE 12. Global Aluminum Wire Market by segment, 2019 & 2029 (USD Billion)
FIGURE 13. Global Aluminum Wire Market by segment, 2019 & 2029 (USD Billion)
FIGURE 14. Global Aluminum Wire Market, regional snapshot 2019 & 2029
FIGURE 15. North America Aluminum Wire Market 2019 & 2029 (USD Billion)
FIGURE 16. Europe Aluminum Wire Market 2019 & 2029 (USD Billion)
FIGURE 17. Asia pacific Aluminum Wire Market 2019 & 2029 (USD Billion)
FIGURE 18. Latin America Aluminum Wire Market 2019 & 2029 (USD Billion)
FIGURE 19. Global Aluminum Wire Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

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