Global Automotive Wire and Cable Material Market Growth 2023-2029

Global Automotive Wire and Cable Material Market Growth 2023-2029

Automotive wires and cable conductive materials is available in two main materials: copper or Aluminium. Copper is more conductive, flexible, and less likely to corrode than Aluminium; however copper weighs more and is prone to price fluctuations. The insulated in a range of materials including PVC, Polyamide, Silicone Rubber, XLPE, EFTE (Ethylene Tetrafluoroethylene).

LPI (LP Information)' newest research report, the “Automotive Wire and Cable Material Industry Forecast” looks at past sales and reviews total world Automotive Wire and Cable Material sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Wire and Cable Material sales for 2023 through 2029. With Automotive Wire and Cable Material sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Wire and Cable Material industry.

This Insight Report provides a comprehensive analysis of the global Automotive Wire and Cable Material landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Wire and Cable Material portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Wire and Cable Material market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Wire and Cable Material and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Wire and Cable Material.

The global Automotive Wire and Cable Material market size is projected to grow from US$ 18470 million in 2022 to US$ 25770 million in 2029; it is expected to grow at a CAGR of 25770 from 2023 to 2029.

Global key players of automotive wire and cable material include Yazaki Corporation, Coficab, Sumitomo Electric, Leoni, Furukawa Electric, etc. The top five players hold a share over 60%. Asia-Pacific is the largest market, has a share about 60%, followed by Europe and North America, with share 20% and 10%, separately. In terms of product type, Copper Wire and Cables is the largest segment, occupied for a share of 85%, and in terms of application, Passenger Vehicles has a share about 76 percent.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Wire and Cable Material market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Copper Wire and Cables
Aluminium Wire and Cables
Others

Segmentation by application
Passenger Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Yazaki Corporation
Sumitomo Electric
Leoni
Coficab
Furukawa Electric
Force Group
Kromberg & Schubert
Dräxlmaier
Kyungshin
Fujikura
Yura Corporation
Motherson Group
Shuangfei Auto Electric Appliances

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Wire and Cable Material market?

What factors are driving Automotive Wire and Cable Material market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Wire and Cable Material market opportunities vary by end market size?

How does Automotive Wire and Cable Material break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.