According to our (Global Info Research) latest study, the global Round Enamelled Wires market size was valued at US$ 2276 million in 2024 and is forecast to a readjusted size of USD 3552 million by 2031 with a CAGR of 6.6% during review period.
Sometimes referred to as winding wire or magnet wire, enameled round wire is copper or aluminum wire with a thin layer of insulation coating, wound into a coil. Magnet wire is a principle component in transformers, inductors, electric motors, and other electrical devices.
Round enamelled wires are widely used in the electrical and electronics sectors for various applications such as transformers, motors, generators, coils, inductors, solenoids, and electrical windings. These wires provide electrical insulation and efficient conductivity, making them crucial components in electrical systems. The global Round enamelled wires market in terms of revenue was estimated to be worth $2084.3 million in 2023 and is poised to reach $2438.3 million by 2029, growing at a CAGR of 6.8% from 2023 to 2029.
This report is a detailed and comprehensive analysis for global Round Enamelled Wires market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Round Enamelled Wires market size and forecasts, in consumption value ($ Million), sales quantity (K M), and average selling prices (US$/M), 2020-2031
Global Round Enamelled Wires market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K M), and average selling prices (US$/M), 2020-2031
Global Round Enamelled Wires market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K M), and average selling prices (US$/M), 2020-2031
Global Round Enamelled Wires market shares of main players, shipments in revenue ($ Million), sales quantity (K M), and ASP (US$/M), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Round Enamelled Wires
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Round Enamelled Wires market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Liljedahl Group, Hi-Wire (Superior Essex), Essex Furukawa, Precision Wires India Limited (PWIL), Sam Dong, RR Shramik, Slimlites Electricals (SEPL), SynFlex Group, Sumitomo Electric, Ederfil Becker (Mondragon Corporation), etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Round Enamelled Wires market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Copper Wires
Aluminum Wires
Market segment by Application
Motors
Transformers
Home Appliance
Reactor
Others
Major players covered
Liljedahl Group
Hi-Wire (Superior Essex)
Essex Furukawa
Precision Wires India Limited (PWIL)
Sam Dong
RR Shramik
Slimlites Electricals (SEPL)
SynFlex Group
Sumitomo Electric
Ederfil Becker (Mondragon Corporation)
Cablel Hellenic Cables Group
Madhav Copper
Cablel Wires
Khaitan Winding Wire (KWW)
Polywin Industries
Erikoglu Emaye
Elsewedy Electric
Giza Cable Industries
Shri Ked Insulations Pvt Ltd (SKIPL)
Shilpi Cable Technologies
Zhejiang Hongbo Technology
Tongling Jingda Special Magnet Wire
Ningbo Jintian Copper
Grandwall
DARTONG ADVANCED MATERIALS
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Round Enamelled Wires product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Round Enamelled Wires, with price, sales quantity, revenue, and global market share of Round Enamelled Wires from 2020 to 2025.
Chapter 3, the Round Enamelled Wires competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Round Enamelled Wires breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Round Enamelled Wires market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Round Enamelled Wires.
Chapter 14 and 15, to describe Round Enamelled Wires sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Round Enamelled Wires. Industry analysis & Market Report on Round Enamelled Wires is a syndicated market report, published as Global Round Enamelled Wires Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Round Enamelled Wires market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.