RoE Automotive Magnet Wire Market to 2032
Overview
The RoE Automotive Magnet Wire Market is expected to reach a 217.86 USD Billion by 2032 and is projected to grow at a CAGR of 4.89% from 2025 to 2032.
Revenue, 2024 (USD Billion)
161.37
Forecast, 2032 (USD Billion)
217.86
CAGR, 2024 - 2032
4.89%
Report Coverage
RoE
RoE Automotive Magnet Wire Market 2018-2032 USD Billion
RoE Automotive Magnet Wire Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 161.37 USD Billion
- Projected Market Size (2032): 217.86 USD Billion
- CAGR (2025-2032): 4.89%
Key Findings of RoE Automotive Magnet Wire Market
- The RoE Automotive Magnet Wire Market was valued at 161.37 USD Billion in 2024.
- The RoE Automotive Magnet Wire Market is likely to grow at a CAGR of 4.89% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Round Magnet Wire in Shape Segment accounted for the largest share of the market with a revenue of 137.74 USD Billion
- The fastest growing segment Enamelled Wire in Product Type Segment grew Fastest with a CAGR of 5.80% during the forecast period from 2024 to 2032.
RoE Automotive Magnet Wire Market Scope
RoE Automotive Magnet Wire Market Segmentation & Scope
Application
- Others
- Windows, Door Lock and Seating
- Stability Control
- Alternators
- Braking
- Starter Motor
- Motor
Distribution Channel
- Supermarkets/Hypermarkets
- E-Commerce
- Speciality Stores
- Others
- B2B
End User
- Electric Vehicle
- Heavy Commercial Vehicle
- Light Commercial Vehicle
- Passenger Car
Shape
- Square Magnet Wire
- Rectangle Magnet Wire
- Round Magnet Wire
Type
- Aluminium Wire
- Copper Wire
Product Type
- Covered Conductor Wire
- Enamelled Wire
Material
- Polyether Ether Ketone (PEEK)
- Polyetherimide (PEI)
- PolyimideS (PI)
- Others
- Polyamide-imide (PAI)
RoE Automotive Magnet Wire Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 161.37 USD Billion |
| Market Value in 2032 | 217.86 USD Billion |
| CAGR (2025-2032) | 4.89% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Distribution Channel,End User,Shape,Type,Product Type,Material |
Regional Insights:
-
Leading Market (2024-2032): RoE, leading in terms of revenue 161.37 USD Billion in 2024
- Key Country: RoE, leading in terms of revenue with value of 161.37 USD Billion in 2024.
Segments and Scope
-
RoE Automotive Magnet Wire Market to 2032, By Application
- Motor is the largest segment in RoE Automotive Magnet Wire Market to 2032 with a revenue of 57.53 USD Billion in the year 2024.
- Motor is the Fastest growing segment in RoE Automotive Magnet Wire Market to 2032 with a Growth rate of 5.77 % in forecast period 2025-2032.
-
RoE Automotive Magnet Wire Market to 2032, By Distribution Channel
- B2B is the largest segment in RoE Automotive Magnet Wire Market to 2032 with a revenue of 124.31 USD Billion in the year 2024.
- B2B is the Fastest growing segment in RoE Automotive Magnet Wire Market to 2032 with a Growth rate of 5.12 % in forecast period 2025-2032.
-
RoE Automotive Magnet Wire Market to 2032, By End User
- Passenger Car is the largest segment in RoE Automotive Magnet Wire Market to 2032 with a revenue of 113.58 USD Billion in the year 2024.
- Passenger Car is the Fastest growing segment in RoE Automotive Magnet Wire Market to 2032 with a Growth rate of 5.58 % in forecast period 2025-2032.
-
RoE Automotive Magnet Wire Market to 2032, By Shape
- Round Magnet Wire is the largest segment in RoE Automotive Magnet Wire Market to 2032 with a revenue of 137.74 USD Billion in the year 2024.
- Round Magnet Wire is the Fastest growing segment in RoE Automotive Magnet Wire Market to 2032 with a Growth rate of 5.25 % in forecast period 2025-2032.
-
RoE Automotive Magnet Wire Market to 2032, By Type
- Copper Wire is the largest segment in RoE Automotive Magnet Wire Market to 2032 with a revenue of 130.53 USD Billion in the year 2024.
- Copper Wire is the Fastest growing segment in RoE Automotive Magnet Wire Market to 2032 with a Growth rate of 5.37 % in forecast period 2025-2032.
-
RoE Automotive Magnet Wire Market to 2032, By Product Type
- Enamelled Wire is the largest segment in RoE Automotive Magnet Wire Market to 2032 with a revenue of 108.75 USD Billion in the year 2024.
- Enamelled Wire is the Fastest growing segment in RoE Automotive Magnet Wire Market to 2032 with a Growth rate of 5.80 % in forecast period 2025-2032.
-
RoE Automotive Magnet Wire Market to 2032, By Material
- Polyamide-imide (PAI) is the largest segment in RoE Automotive Magnet Wire Market to 2032 with a revenue of 75.06 USD Billion in the year 2024.
- Polyamide-imide (PAI) is the Fastest growing segment in RoE Automotive Magnet Wire Market to 2032 with a Growth rate of 5.53 % in forecast period 2025-2032.
RoE Automotive Magnet Wire Market Company Share Analysis
| Company Name |
|
||
| LS Cable & System Ltd. | |||
| Superior Essex Inc. | |||
| Sumitomo Electric Industries, Ltd. | |||
| Fujikura Ltd. | |||
| TONGLING JINGDA SPECIAL ELECTROMAGNETIC WIRE CO., LTD. | |||
RoE Automotive Magnet Wire Market Geographical Sales Distribution, 2018-2032 USD Billion
RoE Automotive Magnet Wire Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The RoE Automotive Magnet Wire Market is segmented based on Segmentation Application,Distribution Channel,End User,Shape,Type,Product Type,Material.
RoE Automotive Magnet Wire Market was valued at USD 161.37(Revenue in USD Billion) in 2022.
RoE Automotive Magnet Wire Market is projected to grow at a CAGR of 4.89% during the forecast period of 2024 to 2032.
The Round Magnet Wire segment is expected to dominate the RoE Automotive Magnet Wire Market, holding a largest market share of 137.74 USD Billion in 2024
RoE Automotive Magnet Wire Market Scope
RoE Automotive Magnet Wire Market Segmentation & Scope
Application
- Others
- Windows, Door Lock and Seating
- Stability Control
- Alternators
- Braking
- Starter Motor
- Motor
Distribution Channel
- Supermarkets/Hypermarkets
- E-Commerce
- Speciality Stores
- Others
- B2B
End User
- Electric Vehicle
- Heavy Commercial Vehicle
- Light Commercial Vehicle
- Passenger Car
Shape
- Square Magnet Wire
- Rectangle Magnet Wire
- Round Magnet Wire
Type
- Aluminium Wire
- Copper Wire
Product Type
- Covered Conductor Wire
- Enamelled Wire
Material
- Polyether Ether Ketone (PEEK)
- Polyetherimide (PEI)
- PolyimideS (PI)
- Others
- Polyamide-imide (PAI)
Frequently Asked Questions
The RoE Automotive Magnet Wire Market is segmented based on Segmentation Application,Distribution Channel,End User,Shape,Type,Product Type,Material.
RoE Automotive Magnet Wire Market was valued at USD 161.37(Revenue in USD Billion) in 2022.
RoE Automotive Magnet Wire Market is projected to grow at a CAGR of 4.89% during the forecast period of 2024 to 2032.
The estimated market value of the RoE Automotive Magnet Wire Market for final year is USD 217.86 (USD Billion).
RoE Automotive Magnet Wire Market Company Profiling
Frequently Asked Questions
The RoE Automotive Magnet Wire Market is segmented based on Segmentation Application,Distribution Channel,End User,Shape,Type,Product Type,Material.
RoE Automotive Magnet Wire Market was valued at USD 161.37(Revenue in USD Billion) in 2022.
RoE Automotive Magnet Wire Market is projected to grow at a CAGR of 4.89% during the forecast period of 2024 to 2032.
The estimated market value of the RoE Automotive Magnet Wire Market for final year is USD 217.86 (USD Billion).
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