The global Enameled Wire (Magnet Wire) market was valued at US$ 1291 million in 2022 and is projected to reach US$ 1553.5 million by 2029, at a CAGR of 2.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Enameled Wire coated with a very thin insulating layer. It is used to construct transformers, inductors, motors, speakers, hard disk head actuators, electromagnets and other applications that require tight coil insulation. The report focuses on generalized enameled wire with insulating films use polyvinyl formal, polyurethane, polyamide, polyester, polyester-polyimide, polyamide-polyimide (or amide-imide), and polyimide and also wire with polymer film insulation or paper cover.
Enameled Wire Market aims to provide a comprehensive presentation of the global market for Enameled Wire (Magnet Wire), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Enameled Wire (Magnet Wire). Enameled Wire Market contains market size and forecasts of Enameled Wire (Magnet Wire) in global, including the following market information:
- Global Enameled Wire (Magnet Wire) Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Enameled Wire (Magnet Wire) Market Sales, 2018-2023, 2024-2029, (Kiloton)
Global top five Enameled Wire (Magnet Wire) companies in 2022 (%)

The key players of Enameled Wire include Sumitomo Electric, Superior Essex, Elektrisola, etc. The top three players of Enameled Wire account for approximately 19% of the total market. Asia-Pacific is the largest market of Enameled Wire accounting for about 80%, followed by Europe and Americas. In terms of Type, Copper is the largest segment, with a share about 66%. And in terms of Application, the largest application is Motors and Generators, followed by Home Appliance.
We surveyed the Enameled Wire (Magnet Wire) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Enameled Wire (Magnet Wire) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)
Global Enameled Wire (Magnet Wire) Market Segment Percentages, by Type, 2022 (%)
- Copper Magnet Wire
- Aluminum Magnet Wire
Global Enameled Wire (Magnet Wire) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)
Global Enameled Wire (Magnet Wire) Market Segment Percentages, by Application, 2022 (%)
- Motors
- Generators
- Transformers
- Inductors
- Speakers
- Other Applications
Global Enameled Wire (Magnet Wire) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)
Global Enameled Wire (Magnet Wire) Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Enameled Wire (Magnet Wire) revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Enameled Wire (Magnet Wire) revenues share in global market, 2022 (%)
- Key companies Enameled Wire (Magnet Wire) sales in global market, 2018-2023 (Estimated), (Kiloton)
- Key companies Enameled Wire (Magnet Wire) sales share in global market, 2022 (%)
key players include:
- Superior Essex
- Tongling Jingda Special
- Rea Magnet Wire
- Sumitomo Electric
- Citychamp Dartong
- Elektrisola
- Fujikura
- Hitachi Metals
- Liljedahl Group
- LS Cable & System
- APWC
- IRCE
- TAI-I
- Jung Shing
- ZML Industries
- MWS Wire
- Shanghai Yuke
- SWCC
- Roshow Technology
- Magnekon
- Condumex
- Tongling Copper Crown Electrical
- Huayu Electromagnetism Line
- Jintian New Material
- Hongyuan Magnet Wire
- Ronsen Super Micro-Wire
- Shanghai Shenmao Magnet Wire
- Tianjin Jing Wei Electric Wire
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Enameled Wire (Magnet Wire), market overview.
- Chapter 2: Global Enameled Wire (Magnet Wire) market size in revenue and volume.
- Chapter 3: Detailed analysis of Enameled Wire (Magnet Wire) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Enameled Wire (Magnet Wire) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Enameled Wire (Magnet Wire) capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.