Thailand Magnet Wire Market to 2032
Overview
The Thailand Magnet Wire Market is expected to reach a 1,286.33 USD Billion by 2032 and is projected to grow at a CAGR of 11.01% from 2025 to 2032.
Revenue, 2024 (USD Billion)
737.88
Forecast, 2032 (USD Billion)
1,286.33
CAGR, 2024 - 2032
11.01%
Report Coverage
Thailand
Thailand Magnet Wire Market 2018-2032 USD Billion
Thailand Magnet Wire Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 737.88 USD Billion
- Projected Market Size (2032): 1,286.33 USD Billion
- CAGR (2025-2032): 11.01%
Key Findings of Thailand Magnet Wire Market
- The Thailand Magnet Wire Market was valued at 737.88 USD Billion in 2024.
- The Thailand Magnet Wire Market is likely to grow at a CAGR of 11.01% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Enamelled Wire in Product Type Segment accounted for the largest share of the market with a revenue of 577.26 USD Billion
- The fastest growing segment Electrical and Electronics in End-User Segment grew Fastest with a CAGR of 12.65% during the forecast period from 2024 to 2032.
Thailand Magnet Wire Market Scope
Thailand Magnet Wire Market Segmentation & Scope
End-User
- Others
- Residential
- Infrastructure
- Energy
- Industrial
- Transportation & Automotive
- Electrical and Electronics
Application
- Others
- Home Appliance
- Transformer
- Motor
Distribution Channel
- Others
- E-Commerce
- Supermarks/Hypermarkets
- Specialty Stores
- B2b/Third Party Distributors
Type
- Others
- Aluminium Wire
- Copper Wire
Product Type
- Covered Conductor Wire
- Enamelled Wire
Material
- Others
- Polyamide-Imide (PAI)
- Polyimides (PI)
- Polyetherimide (PEI)
- Polyether Ether Ketone (PEEK)
Shape
- Square Magnet Wire
- Round Bondable Magnet Wire
- Rectangle Magnet Wire
- Round Magnet Wire
Thailand Magnet Wire Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 737.88 USD Billion |
| Market Value in 2032 | 1,286.33 USD Billion |
| CAGR (2025-2032) | 11.01% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End-User,Application,Distribution Channel,Type,Product Type,Material,Shape |
Regional Insights:
-
Leading Market (2024-2032): Thailand, leading in terms of revenue 737.88 USD Billion in 2024
- Key Country: Thailand, leading in terms of revenue with value of 737.88 USD Billion in 2024.
Segments and Scope
-
Thailand Magnet Wire Market to 2032, By End-User
- Electrical and Electronics is the largest segment in Thailand Magnet Wire Market to 2032 with a revenue of 255.72 USD Billion in the year 2024.
- Electrical and Electronics is the Fastest growing segment in Thailand Magnet Wire Market to 2032 with a Growth rate of 12.65 % in forecast period 2025-2032.
-
Thailand Magnet Wire Market to 2032, By Application
- Motor is the largest segment in Thailand Magnet Wire Market to 2032 with a revenue of 372.26 USD Billion in the year 2024.
- Motor is the Fastest growing segment in Thailand Magnet Wire Market to 2032 with a Growth rate of 11.53 % in forecast period 2025-2032.
-
Thailand Magnet Wire Market to 2032, By Distribution Channel
- B2b/Third Party Distributors is the largest segment in Thailand Magnet Wire Market to 2032 with a revenue of 395.21 USD Billion in the year 2024.
- B2b/Third Party Distributors is the Fastest growing segment in Thailand Magnet Wire Market to 2032 with a Growth rate of 11.79 % in forecast period 2025-2032.
-
Thailand Magnet Wire Market to 2032, By Type
- Copper Wire is the largest segment in Thailand Magnet Wire Market to 2032 with a revenue of 464.88 USD Billion in the year 2024.
- Copper Wire is the Fastest growing segment in Thailand Magnet Wire Market to 2032 with a Growth rate of 11.28 % in forecast period 2025-2032.
-
Thailand Magnet Wire Market to 2032, By Product Type
- Enamelled Wire is the largest segment in Thailand Magnet Wire Market to 2032 with a revenue of 577.26 USD Billion in the year 2024.
- Enamelled Wire is the Fastest growing segment in Thailand Magnet Wire Market to 2032 with a Growth rate of 11.21 % in forecast period 2025-2032.
-
Thailand Magnet Wire Market to 2032, By Material
- Polyether Ether Ketone (PEEK) is the largest segment in Thailand Magnet Wire Market to 2032 with a revenue of 279.08 USD Billion in the year 2024.
- Polyether Ether Ketone (PEEK) is the Fastest growing segment in Thailand Magnet Wire Market to 2032 with a Growth rate of 12.05 % in forecast period 2025-2032.
-
Thailand Magnet Wire Market to 2032, By Shape
- Round Magnet Wire is the largest segment in Thailand Magnet Wire Market to 2032 with a revenue of 289.78 USD Billion in the year 2024.
- Round Magnet Wire is the Fastest growing segment in Thailand Magnet Wire Market to 2032 with a Growth rate of 11.92 % in forecast period 2025-2032.
Thailand Magnet Wire Market Company Share Analysis
| Company Name |
|
||
| LS CABLE & SYSTEM LTD. | |||
| REA | |||
| Furukawa Minda Electric Pvt. Ltd. | |||
| ELEKTRISOLA | |||
| Sumitomo Electric Industries, Ltd. | |||
Thailand Magnet Wire Market Geographical Sales Distribution, 2018-2032 USD Billion
Thailand Magnet Wire Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Thailand Magnet Wire Market is segmented based on Segmentation End-User,Application,Distribution Channel,Type,Product Type,Material,Shape.
Thailand Magnet Wire Market was valued at USD 737.88(Revenue in USD Billion) in 2020.
Thailand Magnet Wire Market is projected to grow at a CAGR of 11.01% during the forecast period of 2024 to 2032.
The Enamelled Wire segment is expected to dominate the Thailand Magnet Wire Market, holding a largest market share of 577.26 USD Billion in 2024
Thailand Magnet Wire Market Scope
Thailand Magnet Wire Market Segmentation & Scope
End-User
- Others
- Residential
- Infrastructure
- Energy
- Industrial
- Transportation & Automotive
- Electrical and Electronics
Application
- Others
- Home Appliance
- Transformer
- Motor
Distribution Channel
- Others
- E-Commerce
- Supermarks/Hypermarkets
- Specialty Stores
- B2b/Third Party Distributors
Type
- Others
- Aluminium Wire
- Copper Wire
Product Type
- Covered Conductor Wire
- Enamelled Wire
Material
- Others
- Polyamide-Imide (PAI)
- Polyimides (PI)
- Polyetherimide (PEI)
- Polyether Ether Ketone (PEEK)
Shape
- Square Magnet Wire
- Round Bondable Magnet Wire
- Rectangle Magnet Wire
- Round Magnet Wire
Frequently Asked Questions
The Thailand Magnet Wire Market is segmented based on Segmentation End-User,Application,Distribution Channel,Type,Product Type,Material,Shape.
Thailand Magnet Wire Market was valued at USD 737.88(Revenue in USD Billion) in 2020.
Thailand Magnet Wire Market is projected to grow at a CAGR of 11.01% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Magnet Wire Market for final year is USD 1,286.33 (USD Billion).
Thailand Magnet Wire Market Company Profiling
Frequently Asked Questions
The Thailand Magnet Wire Market is segmented based on Segmentation End-User,Application,Distribution Channel,Type,Product Type,Material,Shape.
Thailand Magnet Wire Market was valued at USD 737.88(Revenue in USD Billion) in 2020.
Thailand Magnet Wire Market is projected to grow at a CAGR of 11.01% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Magnet Wire Market for final year is USD 1,286.33 (USD Billion).
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