Automotive
Automotive Magnet Wire Market Size and Growth
The Automotive Magnet Wire market is experiencing significant growth, driven by increasing electric vehicle production and advancements in automotive technologies. The market size is projected to reach approximately $2.5 billion by 2025, reflecting a CAGR of around 6% as demand for efficient electrical components continues to rise in the automotive sector.
Companies Covered
(Covid 19 Impact Covered)
◍ Sumitomo Electric Industries
◍ Tongling Jingxun Special Enamelled Wire Co., Ltd
◍ Superior Essex
◍ Hitachi Metals, Ltd.
◍ LWW Group
◍ Fujikura Ltd.
◍ LS CABLE & SYSTEM LTD.
◍ Acebsa
◍ Cividale
◍ Craig Wire Products
◍ Device Technologies, Inc.
◍ Ederfil Becker
◍ Elektrisola Dr. Gerd Schildbach GmbH&Co.KG
◍ Infantron
◍ MWS Wire Industries
◍ Rea
◍ Sam Dong
The Automotive Magnet Wire Market is competitive, with key players like Sumitomo Electric, Superior Essex, and Hitachi Metals enhancing product innovation and supply chain efficiency. Companies leverage advanced materials and technologies, driving growth through strategic partnerships. Notable sales revenues include Superior Essex ($500M+) and Hitachi Metals ($2B+), supporting market expansion.
◍ SynFlex
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Market Segmentation
By Application
Passenger Car
Commercial Vehicle
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By Product
Enamelled Wire
Covered Conductor Wire
Market Growth
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$ X Billion USD
