Scope of the Study
Phosphor bronze wires are also known as tin bronze. It is a copper alloy which contains significant amount of phosphorus which provides durability, strength, fine grain and low coefficient fraction. In addition to this, it is resistant to corrosion and has high electrical conductivity. Thus, the phosphor bronze wires are used in music instruments as strings, bushes, woven products, nut bolts and others. Hence, these factors are contributing towards the growth of phosphor bronze wires market.
The market study is being classified by Type (CuSn5, CuSn6 and CuSn8), by Application (Power Transmission, Communication and Others) and major geographies with country level break-up.
AMETEK (United States), Ken-tron (United States), Chaplin Wire (United Kingdom), Little Falls Alloys (United States), Loos and Company (United States), Gibbs Wire (United States), California Fine Wire (United States), NBM Metals (United States), Daburn Electronics & Cable (United States) and Brim Electronics (United States) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Phosphor Bronze Wire market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Phosphor Bronze Wire market by Type, Application and Region.
On the basis of geography, the market of Phosphor Bronze 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Advantages of Phosphor Bronze Wire are fuelling the Market Growth
Restraints
- Fluctuating Prices of Raw Materials
Opportunities
- Technological Advancements in Communication
Challenges
- Stiff Competition among the Players
Market Leaders and their expansionary development strategies
In November 2018, Amtek has completed the acquisition of Telular Corporation which is a provider of communication solutions for logistics management and Forza Silicon Corporation.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
Customization in the Report Available:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase