Submit Press Release GroupWeb News Network Africa Alabama Alaska Arizona Arkansas Asia California China Colorada Connecticut Washington DC Delaware Florida France Georgia Germany Ghana Hawaii Idaho Illinois India Indiana Iowa Italy Japan Kansas Kentucky Korea Lousiana Main MaryLand Massachusetts Michigan Minnesota Mississippi Misouri Motana Nebraska Nevad New Hampshire New Jersey New Mexico New York Nigeria North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island Rhode Island Russia South Africa South Carolina South Dakota Spain Tennessee Texas UK Utah Vermont Virginia Washington Weather West Virginia Wisconsin

Home | Search Global IT News: IT News & Press Release Distribution: Magnet Wire Market worth $36.8 billion by 2024   (IT-NEWSWIRE.COM, January 12, 2022 ) The report "Magnet Wire Market by Type (Copper, Aluminum), Shape (Round, Rectangle, Square), Application (Motor, Home Appliance, Transformer), End-Use Industry (Electrical & Electronics, Industrial, Transportation, Infrastructure), Region - Global Forecast to 2024" The magnet wire market size is expected to grow from USD 30.1 billion in 2019 to USD 36.8 billion by 2024, at a CAGR of 4.1%. The magnet wire market is witnessing significant growth because of the growing demand from transportation, electrical & electronics, and industrial sectors. Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=61725229 The electrical & electronics end-use segment accounted for the largest share of the magnet wire market in 2019. Electrical & electronics industry is the largest consumer of magnet wire. Magnet wires are used in the form of coil in products, such as fans, trimmers, toys, inverters, air conditioners, and other consumer electronics in the electrical & electronics industry. The increasing usage of household appliances across various regions is augmenting the demand for magnet wire in the electrical & electronics industry. Motor is the biggest application of magnet wire. Motor is the biggest application of magnet wire. The demand for magnet wire in motor application is driven by the growing consumption in the transportation industry. The consumption of magnet wire in motor application is witnessing high growth in the automotive sector. Growing penetration of electric vehicles across the globe is the key driver for the growing consumption of magnet wire in the automotive industry. Don't miss out on business opportunities in Magnet Wire Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=61725229 Browse in-depth TOC on "Magnet Wire Market” 72 - Market Data Tables 46 - Figures 119 - Pages APAC is expected to be the largest market for magnet wire during the forecast period. APAC is the largest magnet wire market and is expected to remain the same during the forecast period. China, India, and Japan are the major economies that contribute to the growth of the market in the region. The growing transportation and electrical & electronics industries is bolstering the market for magnet wire in the region. The major players in the magnet wire market include LS Cable & System (South Korea), Elektrisola (Germany), REA Magnet Wire (US), Sumitomo Electric Industries, Ltd. (Japan), Samdong Co., Ltd. (South Korea), LWW Group (Sweden), IRCE S.p.A. (Italy), Tongling Jingda Special Magnet Wire Co., Ltd. (China), Furukawa Electric Co., Ltd. (Japan), and Fujikura Ltd. (Japan). Get Sample Pages of This Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=61725229 About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. MarketsandMarkets™ Mr. Aashish Mehra 1-888-600-6441 raviraj.tak@marketsandmarkets.com Source: EmailWire.Com Source: EmailWire.com

Information Technology Resources Application Software Bioinformatics Computers Computer Games Enterprise Software Graphics/Printing/CAD Hardware/Peripheral industrial Computers Information Internet Multimedia Networking Public Sector Robotics Semiconductor Software Telecommunications Webmaster Information Technology (IT) Advertisement Information Technology Sponsors Information Technology Publications We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Information Technology resource center today to browse our selection of 600+ complimentary Information Technology magazines, white papers, webinars, podcasts, and more. Get popular titles including: The Integration Journey—a Field Guide to Enterprise Integration for SOA Government Technology\'s Public CIO Protecting Content During Business Disruption: Are You Covered? No credit cards, coupons, or promo codes required. Try it today!