What is Copper Clad Wire?
Copper clad wires are known as cost effective cable use for signal transmission. They are made up of solid aluminium core covered with a copper skin. There are number of material used in copper clad wires such as steel, nickel, silver, PTFE and others. This materials are covered by copper body. They ae mainly used for high mechanical resistance with good electrical conductivity. Thus, it is used in number of industries. It can be used with several equipments and its applicability in defence, consumer electronics and telecommunication industry impacts on the demand in positive manner.
The market study is broken down by Type (Aluminium Copper Clad Wire, Steel Copper Clad Wire, Nickel Copper Clad Wire, Nickel-Iron Clad Copper Wire and Others), by Application (Industrial, Commercial and Residential) and major geographies with country level break-up.
The market of copper clad wire is expected to grow with rising demand from End Use industry. Telecommunications, defence industries demand for copper clad wire owing to its reliability and high signalling. The market is highly fragmented owing to presence of major players. This market players are gaining attention owing to raised demand. However, new entries are focusing on providing upgraded Cable versions to the market. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
McNaughton-McKay Electric Co. (United States), Sandvik AB (Sweden), Consolidated Electronic Wire & Cable (United States), F.W. Gartner Thermal Spraying Co. (United States), Infinite Electronics International, Inc. (United States), Interstate Wire Co., Inc. (United States), Shenzhen Lianxun Industries Co., LTD. (China), Danyang Litong Cable Technology Co.,Ltd (China), Brilltech Engineers Pvt. Ltd. (India), Orient Cables Private Limited (India), SCOT Innovation Wires & Cables Private Limited (India) and JMV LPS Limited (India) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Copper Clad Wire market by Type, Application and Region.
On the basis of geography, the market of Copper Clad Wire has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Connectors, the sub-segment i.e. Single Strand will boost the Copper Clad Wire market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Shape, the sub-segment i.e. Round will boost the Copper Clad Wire market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Copper Clad Wire market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Strength, the sub-segment i.e. High Strength will boost the Copper Clad Wire market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
NFPA 70- National Electrical Code (NEC)., This is a set of foundation for electric safety at commercial, residential and industrial places. It is applicable for all field wiring which are installed and terminated at work place., , NFPA 79- Electrical Standard for Industrial Machinery and A set of regulations which is need to be followed by Manufacture who supplies electrical and electronic equipment. The supple is applicable where wiring is wholly inside the equipment& operation is from a nominal voltage of 600 volts or less.
Market Trend
- Inclination towards Cost Effective & Reliable Without Interruptions Has Been Grown
Market Drivers
- Growing Expenditure of End Use Industries like Telecommunication, Aerospace, Defence & Electrical Appliances
- Increasing Demand owing to Less Expensive and Lightweight Wiring
- Higher Level of Secure Electric Supply Provided by Copper Clad Wire in Impacting On the Demand in Positive Manner
Opportunities
- Advancements in Technologies Such As Upgrading Structures, Automations Has Created Ample Opportunities
- High Frequency Signalling Conductivity in Low Price Tends Industrial Leaders, Commercial and Residential Which Is Known as Lucrative Growth Opportunity for Market
Restraints
- Limited Applicability for Several Devices May Restrain Its Demand
- Availability of Substitutes like Wireless Networks
Challenges
- Sudden Drop in Voltage owing to Oxidisation of Aluminium
Key Target Audience
Copper Clad Wire Manufacturers, Copper Clad Wire Suppliers/Distributor, Raw Material Suppliers, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.