Insulated Wire Market Scope
Insulated wire is a copper wire covered with thin layer of insulation which prevent electrical leakage have common application in inductors, motors, transformers and electromagnet. Owing to increasing infrastructure, automobiles and telecommunication industry insulated wire market is expected to grow over forecast period.
According to AMA, the Global Insulated Wire market is expected to see growth rate of 7.4%
Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Insulated Wire market throughout the predicted period.
Polycab Wires Pvt. Ltd. (India), Havells India Ltd. (India), Finolex Cables Limited (India), ABL Electronics Supplies Inc. (United States), AFC Cable System, Inc. (United States), Bleden Inc. (United States), Amphenol Corp. (United States), Cerro Wire LLC (United States), Cable USA (United States), Nexans (France), Ari Industries (United States), California Insulated Wire & Cable. (United States), Dacon Systems, Inc. (United States) and Allied Wire & Cable, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are KEI Industries Ltd. (India), Southwire Company (United States) and MiCable Technologies (Canada).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Insulated Wire market by Type (Polyvinyl Chloride (PVC), Cross-linked Polyethylene (XLPE), High-Density Polyethylene (HDPE), High Molecular Weight Polyethylene (HMWPE) and Others), by Application (Building Wire, Power Wire, Electronic Wire, Telecommunications and Others) and Region with country level break-up.
On the basis of geography, the market of Insulated Wire has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
- Growing Investment in Fiber Optics System Technologies
- Growing Adoption of Environmental Friendly Insulation Material
Market Drivers
- Rising Construction and Telecommunication Infrastructure in Emerging Economies
- Growing Emphasis on Railway Electrification and Smart Cities in Key Countries
Opportunities
- Growing Need for Smart Electrification
- Increasing production of Automobiles
Key Target Audience
Insulated Wire OEMs, Insulated Wire Distributors, Insulated Wire Raw Material Providers, Insulated Wire Wholesalers/Retailers, Business Entities, Government Bodies, Business Research and consulting Firms and Others