According to a market report by Lucintel, the future of the global single core copper wire market looks promising with opportunities in the building and construction, telecommunication and power, transport, industrial equipment, and electronic markets. The global single core copper wire market is expected to reach an estimated $12 billion by 2030 with a CAGR of 4.1% from 2024 to 2030. The major drivers for this market are growing demand for electrical and electronics equipment in worldwide and rising investments in power grid upgradation and expansion projects.
A more than 150–page report is developed to understand Trends,
opportunity and forecast in single core copper wire market to 2030 by type
(solid type and stranded type), voltage (low, medium, and high), application
(building and construction, telecommunication and power, transport, industrial
equipment, electronics, and others), and region (North America, Europe, Asia
Pacific, and the Rest of the World).
In this market, solid and stranded are the major segments of single core
copper wire market by type. Lucintel forecasts that stranded is expected to
witness the highest growth over the forecast period.
Within this market, building and construction is expected to witness the
highest growth due to increased use of copper wires in smart home electronic
such as entertainment systems, lighting fixtures, HVAC systems, and other
systems.
Download sample by clicking on single
core copper wire market
APAC is expected to witness highest growth over the forecast period due
to presence of major manufacturing hub for various industries, such as
electronics, automotive, and home appliances in the region.
TOKEN, Gulf Cable and Electrical, Giza Power, Nexans, Ekta Udyog,
HANGZHOU ZION COMMUNICATION, Hangzhou Anxin Wire & Cable, Qinhuangdao
Qinniu Cable, Tianjin Jinshan Wire and Cable, and Hongxin Biotechnology are the
major suppliers in the single core copper wire market.
This unique research report will enable you to make confident business
decisions in this globally competitive marketplace. For a detailed table of
contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth
through game
changer ideas and robust market & unmet
needs analysis. We are based in Dallas, TX and have
been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in
several publications like the Wall Street Journal, ZACKS, and the Financial
Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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