Research Reports
Automotive Wires Market Worth US$ 9.8 Bn by 2021
Automotive Wires Market Worth US$ 9.8 Bn by 2021
Published by Uma Rajagopal
Posted on January 20, 2022
Global Banking and Finance Review
Company
Published by Uma Rajagopal
Posted on January 20, 2022
the global automotive wires market is estimated to total US$ 9.8 Bn in 2021. Surging demand for automotive wire for chassis and safety applications is augmenting the growth in the market. In response to this, the market is predicted to expand at a CAGR of 5.9% during the forecast period between 2021 and 2031 in comparison to the 0.2% CAGR registered in the past half-decade.
Based on material type, the copper segment is projected to account for the dominant share in the market. Factors driving the growth in the segment are high conductivity, reliability, ductility, and small-bundle sizing capabilities of copper compared to other material types.
Request a report sample to gain comprehensive insights at
https://www.futuremarketinsights.com/reports/sample/rep-gb-5334
Competitive Landscape
As per FMI, the top 5 players in the global automotive wire are Yazaki Corporation, Sumitomo Electric, Aptiv plc, Leoni, and Lear Corp. These companies are estimated to account for 75% of the total sales in 2021.
Key manufacturers are focusing on entering into partnerships, mergers, acquisitions, and collaborations to expand their production facilities to gain a competitive edge in the market. Besides this, some of the players are investing in research and development to enhance their product portfolio. For instance,
Some of the key players operating in the market profiled by FMI are:
We Offer tailor-made Solutions to fit Your Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-5334
More Valuable Insights on Automotive Wires Market
The latest report by FMI provides a detailed analysis of the global automotive wires market, providing exclusive insights into key factor driving the market between 2021 and 2031. The study also discloses sales projections on in automotive wires market with detailed segmentation:
By Material Type:
By Vehicle Type:
By Application:
By Region:
Buy this Report@ https://www.futuremarketinsights.com/checkout/5334
Key Questions Covered in the Report
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
the global automotive wires market is estimated to total US$ 9.8 Bn in 2021. Surging demand for automotive wire for chassis and safety applications is augmenting the growth in the market. In response to this, the market is predicted to expand at a CAGR of 5.9% during the forecast period between 2021 and 2031 in comparison to the 0.2% CAGR registered in the past half-decade.
Based on material type, the copper segment is projected to account for the dominant share in the market. Factors driving the growth in the segment are high conductivity, reliability, ductility, and small-bundle sizing capabilities of copper compared to other material types.
Request a report sample to gain comprehensive insights at
https://www.futuremarketinsights.com/reports/sample/rep-gb-5334
Competitive Landscape
As per FMI, the top 5 players in the global automotive wire are Yazaki Corporation, Sumitomo Electric, Aptiv plc, Leoni, and Lear Corp. These companies are estimated to account for 75% of the total sales in 2021.
Key manufacturers are focusing on entering into partnerships, mergers, acquisitions, and collaborations to expand their production facilities to gain a competitive edge in the market. Besides this, some of the players are investing in research and development to enhance their product portfolio. For instance,
Some of the key players operating in the market profiled by FMI are:
We Offer tailor-made Solutions to fit Your Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-5334
More Valuable Insights on Automotive Wires Market
The latest report by FMI provides a detailed analysis of the global automotive wires market, providing exclusive insights into key factor driving the market between 2021 and 2031. The study also discloses sales projections on in automotive wires market with detailed segmentation:
By Material Type:
By Vehicle Type:
By Application:
By Region:
Buy this Report@ https://www.futuremarketinsights.com/checkout/5334
Key Questions Covered in the Report
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
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