Copper Wire and Cable Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The copper wire and cable market was valued at US $ 156.11 billion in 2021 and is expected to reach US $ 267.17 billion in 2028, recording a CAGR of between 2022 and 2028. Copper wire and cable are made of copper, which is used for electricity. These wires come in a cylindrical shape and are commonly used in electronic and electrical applications. They consist of a single conductor for electrical signals, unlike copper cables, within which multiple copper wires are assembled into a common jacket. The most common feature of copper wires and cables is that with minimal resistance, the voltage drops and energy dissipation occurs in the form of heat. Copper wire offers more conductivity and requires less insulation and can be stretched more effectively than other metals, although residential, commercial and industrial applications require the installation of insulated copper wire.

 

Company Profile

• Aviva Metals (NBM Metals)
• Belden Inc.
• CommScope Holding Company Inc.
• Elcowire Group AB (Liljedahl Group AB)
• Hitachi Metals Ltd.
• Nexans S.A.
• Ningbo Jintian Copper (Group) CO. LTD.
• Schneider Electric SE
• Tatung Co. Ltd.
• Tongling Jingda Special Magnet Wire Co. Ltd.

 

Market Segmentation

By Type

• Wire
• Cable

By Application

• Building Wire
• Communication
• Power Distribution

 

Scope of the Report

The research study analyzes the Copper Wire and Cable Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

 

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

 

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

 

Key Questions Answered by Copper Wire and Cable Market Report

1. What was the Copper Wire and Cable Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Copper Wire and Cable Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Copper Wire and Cable Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.