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Monday, 11 February 2019

Solid Wires Market Size, Share and Gross Margin Analysis to 2025


February 12, 2019:  Global Solid Wires Market is segmented on the basis of product type, application, and region. Solid wires consist of a single strand of wire insulated with non-conductive material. Solid wires can be used to change the tracking on printed circuit assemblies. These wires are convenient for making temporary connections between circuitry modules and test equipment.

Solid wire is the wire of choice for outdoor or rugged-duty applications which may expose the wire to corrosive elements, adverse weather condition or frequent movement. One very common type of solid wire is known as wire wrap. Solid wire is used when little or no movement is needed, such as prototyping circuits on a breadboard. Using solid core wire makes it easy to push the wire into a breadboard. Solid wire is more resistant to weathering and atmospheric exposures due to its decreased surface area. Solid wire is more resistant to corrosion and other adverse weathering effects.


Advantages in using a solid wire is cost, simplicity and durability. Since, it is merely a single, thick strand of wire, the wire is much resistant to damage and extremely simple to produce. However, applications that require a great deal of movement such as robotics or vehicular applications or will require the wire to be bent into complex shapes such as electronics and circuit boards, solid wire is undesirable because it lacks the strength and flexibility to endure reshaping and motion.

Solid wires are more compact for the same current capacity and are lower in cost are the factors that boosts the overall market growth. Whereas, they are available in small sizes and flexing or vibration will fatigue the wire and cause it to break are the factors that restrain market growth. The solid wires market is classified, by type into wire wrap and others. wire wrap is a method to construct electronic circuit boards. Electronic components installed on an insulating board are joined by lengths of insulated wire run between their terminals, with the connections made by wrapping several turns around a component lead or a socket pin.

The solid wires market is geographically segmented into North America, Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa. Europe, Middle East and Africa region accounted for most of the incomes in the global solid-wires market. This is mainly due to the increased adoption of high-performance alloys in solid wires in this region. Growth in the building and construction industry is expected to be the key driver of the solid wire market in the Middle East.


Market Segment:

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Solid Wires in these regions, from 2013 to 2025 (forecast), covering
• North America
• Europe
• China
• Japan
• Southeast Asia
• India

Global Solid Wires market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Colfax (ESAB)
• Illinois Tool Works (ITW)
• Hyundai Welding
• The Lincoln Electric Company
• Ador Fontech Limited
• Harris Products Group
• Ceweld Nederland
• Ador Welding
• Daido Steel, Gedik Welding
• Haynes International
• Jiangsu ZhongJiang Welding Wire

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Carbon Steel Wire
• Stainless Steel Wire
• Non-ferrous Metal Wire
• Low Alloy Structural Steel Wire
• Alloy Structural Steel Wire

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
• Automotive
• Aerospace
• Construction
• Shipbuilding

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