Copper Enameled and Bare Wire Market in EMEA 2017-2021

Overview of the copper enameled and bare wire market in EMEA

The copper enameled and bare wire market in EMEA is anticipated to grow at a steady rate and will post a CAGR of more than 5% during the forecast period. The growing power and electrical equipment sector will drive the growth prospects for the copper enameled and bare wire market in EMEA until the end of 2021. Enameled and bare copper wire are used in the electrical and power equipment sector to connect the generator to step-up transformers and the transformers to motors. One of the major factors responsible for the market’s growth is the increasing demand for transformers and motors due to the rising number of substations.

The increasing adoption of energy-efficient motors will drive the growth prospects for the copper enameled and bare wire market in EMEA in the forthcoming years. Some of the major factors responsible for the growing of adoption energy-efficient motors is the stringent electricity consumption standards and the increasing price of electricity products.

Competitive landscape and key vendors

The copper enameled and bare wire market in EMEA is highly competitive and fragmented due to the presence of a large number of vendors across the globe. Also, these players have a vast geographical presence with large production facilities located worldwide.

Key vendors in this market are -

• Aurubis
• BEMKA
• HALCOR
• MKM Mansfelder Kupfer und Messing
• Wieland-Werke

Other prominent vendors in the market include Elektrosan Elektro Bakır A.Ş., Ducab, Jeddah Cables, and Metal Gems.

Segmentation by product and analysis of the copper enameled and bare wire market in EMEA

• Bare copper wire
• Enamelled copper wire

The enameled copper wire segment accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. Some of the major factors responsible for the growing demand for these wires is its excellent properties such as high resistance to processing and winding or pull-in techniques.

Growth drivers, challenges, and upcoming trends: Increasing investment in smart grid network

One of the major factors responsible for the growing number of investments in smart grid infrastructure is its ability to ensure smooth and proper T&D of electricity by upgrading and controlling operational processes over a network.

This report considers a number of some factors contributing to the adoption, limitations, and opportunities of the copper enameled and bare wire market in EMEA. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the copper enameled and bare wire market in EMEA?
• What are the key market trends impacting the growth of the copper enameled and bare wire market in EMEA?
• What are the challenges to market growth?
• Who are the key vendors in the copper enameled and bare wire market in EMEA?
• What are the market opportunities and threats faced by the vendors in the copper enameled and bare wire market in EMEA?
• What are the trending factors influencing the market shares of EMEA?
• What are the key outcomes of the five forces analysis of the copper enameled and bare wire market in EMEA?

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