Enjoy complimentary customisation on priority with our Enterprise License!
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.
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 -
Other prominent vendors in the market include Elektrosan Elektro Bakır A.Ş., Ducab, Jeddah Cables, and Metal Gems.
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.
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
Technavio also offers customization on reports based on specific client requirement.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by Product
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
PART 16: Explore Technavio
Tags: enamelled copper wire, bare copper wire, coatings, safety gear, chemicals and materials market size, metals and minerals market growth,
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.