Triple insulated wire is electrical wire formed with 3 insulation layers verified as insulation material in safety standards around the circumference of the conductor. These wires are used in power transformers and realize miniaturization and cost reductions as no insulation tape or barrier tape is required between the primary and secondary windings of the transformers.
Market Analysis and Insights: Global Triple Insulated Wire Market
Due to the COVID-19 pandemic, the global Triple Insulated Wire market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Standard Type accounting for % of the Triple Insulated Wire global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Building Construction segment is altered to an % CAGR throughout this forecast period.
China Triple Insulated Wire market size is valued at US$ million in 2021, while the US and Europe Triple Insulated Wire are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Triple Insulated Wire landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Triple Insulated Wire include Furukawa Electric, TOTOKU ELECTRIC, RR Shramik, Henan Signi Aluminium, Prysmian, Nexans, General Cable and ITACA S.p.A., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Triple Insulated Wire capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Triple Insulated Wire by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Triple Insulated Wire Scope and Segment
Triple Insulated Wire market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Triple Insulated Wire market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Standard Type
Self Bonding Type
Segment by Application
Building Construction
Railway Facilities
Others
By Company
Furukawa Electric
TOTOKU ELECTRIC
RR Shramik
Henan Signi Aluminium
Prysmian
Nexans
General Cable
ITACA S.p.A.
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E