Revenue, 2022 (US$M)
$0.0
Forecast, 2030 (US$M)
$0.0
CAGR, 2023 - 2030
0%
Report Coverage
Worldwide

Global aluminum wire market highlights

  • The global aluminum wire market generated a revenue of USD 33,931.0 million in 2024 and is expected to reach USD 48,283.5 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 6.1% by 2030.
  • In terms of segment, electrical accounted for a revenue of USD 26,990.1 million in 2024.
  • Electrical is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2024.
  • Country-wise, UK is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 33,931.0 million
Market revenue in 2030USD 48,283.5 million
Growth rate6.1% (CAGR from 2024 to 2030)
Largest segmentElectrical
Fastest growing segmentElectrical
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationElectrical, Mechanical

Other key industry trends

  • In terms of revenue, the North America accounted for 6.8% of the global aluminum wire market in 2024.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, UK is the fastest growing regional market and is projected to reach USD 189.7 million by 2030.

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Aluminum Wire Market Scope

Aluminum Wire Market Companies

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Global aluminum wire market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aluminum wire market will help companies and investors design strategic landscapes.


Electrical was the largest segment with a revenue share of 79.54% in 2022. Horizon Databook has segmented the Global aluminum wire market based on electrical, mechanical covering the revenue growth of each sub-segment from to 2030.


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Target buyers of Global aluminum wire market databook

  • Our clientele includes a mix of aluminum wire market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global aluminum wire market , including forecasts for subscribers. This global databook contains high-level insights into Global aluminum wire market from to 2030, including revenue numbers, major trends, and company profiles.

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Global aluminum wire market

Global Aluminum Wire Market Outlook Share, 2022 & 2030 (US$M)

Global Aluminum Wire Market Outlook Share, 2022 & 2030 (US$M)

Aluminum wire market: Opportunity assessment by country

Global aluminum wire market, by region, 2022 (US$M)

Global aluminum wire market

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