According to a new report published by Reports Monitor titled, “Global Magnetic Wire, Growth Opportunities, Innovations and Forecast, 2018-2025,” the Magnetic Wire Market is growing rapidly 2018 to 2025.
Magnetic wire is an insulated electrical conductor primarily produced with copper or Aluminium that when wound into a coil generates useful electrical field. This field is utilized in energy transformation and also in wide range of applications and products such as computer, telephones, cell phones, video games and televisions. The major applications of magnetic wire are transformers, inductors, generators, hard drive head positioner and others.
Surging demand for transformers, generators and other electrical management infrastructure is majorly driving the growth of magnetic wire market. Increasing demand for reliable and safe energy coupled with rising industrialization and urbanization forms the major factor in propelling the market growth. However, price fluctuation in the raw material prices such as copper or aluminium is mainly restraining the growth of market.
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This report provides a detailed analysis of Magnetic Wire, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and porter’s analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources supported with either bottom up or top down approach.
Global magnetic wire market has been segmented majorly on the basis of shape, coatings, and materials. Based on shape, market is bifurcated into: flat and round wire, while on the basis of coatings used market is bifurcated into: tape coating, fiber glass, enamel and others. On the basis of materials, market is segmented into: copper, aluminium and others.
Geographically, global magnetic wire market is majorly analysed across: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). Increased adoption of magnetic wire in transformers and high tension motors coupled with immense investment in electricity infrastructure is the major factor influencing the growth of North America. Rapid urbanization in the economies such as China, India and others coupled with presence of major players in the magnetic wire market is mainly influencing the growth of Asia Pacific region.
The major key companies operating in the global magnetic wire market are: Fujikro, Superior Essex, Alconex, Sumitomo Electric, Roshow Technology, Citychamp, Rea Magnetic Wire Inc, Von Roll, Hitachi Metals Ltd, and Tianjin Jing Wei Electric Wire.
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Research Scope
The study for Global Magnetic Wire Market will provide market size, estimates and forecast based on the following years:
Historic data: 2015
Base Year Estimate: 2016
Forecast: 2017 to 2025
The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.
Our analyst implement several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.
The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.
1.Introduction
1.1 Market Definition
1.2. Market Scope
2.Research Methodology
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions
3. Market Overview
3.1. Research Report Segmentation & Scope
3.2. Magnetic Wire- Value Chain Analysis
3.3. Key Market Trend Analysis
3.3.1. Market Drivers
3.3.2. Market Restraint/Challenges
3.3.3. Market Opportunities
3.4. Porter’s Five Forces Analysis
3.5. Potential Venture Avenues
3.6. Market Share Analysis, 2016
3.7. Market Overview – Magnetic Wire, Product Landscape
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