Global Copper Stranded Wire Market Growth 2023-2029

Global Copper Stranded Wire Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Copper Stranded Wire Industry Forecast” looks at past sales and reviews total world Copper Stranded Wire sales in 2022, providing a comprehensive analysis by region and market sector of projected Copper Stranded Wire sales for 2023 through 2029. With Copper Stranded Wire sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Copper Stranded Wire industry.
This Insight Report provides a comprehensive analysis of the global Copper Stranded Wire 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 Copper Stranded Wire portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Copper Stranded Wire market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Copper Stranded Wire 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 Copper Stranded Wire.
The global Copper Stranded Wire market size is projected to grow from US$ 220.1 million in 2022 to US$ 269 million in 2029; it is expected to grow at a CAGR of 269 from 2023 to 2029.
The major players in global Copper Stranded Wire market include Prysmian Group, Nexans, General Cable, etc. The top 3 players occupy about 8% shares of the global market. China and North America are main markets, they occupy about 45% of the global market. Solid Copper Stranded Wire is the main type, with a share about 55%. Energy is the main application, which holds a share about 40%.
This report presents a comprehensive overview, market shares, and growth opportunities of Copper Stranded Wire market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Solid Copper Stranded Wire
Soft Copper Stranded Wire
Segmentation by application
Energy
Telecommunication
Transportation
Others
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.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Copper Stranded Wire market?
What factors are driving Copper Stranded Wire market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Copper Stranded Wire market opportunities vary by end market size?
How does Copper Stranded Wire 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.