Germany Aluminum Wire Market Size & Outlook, 2022-2030
Germany aluminum wire market, -2030 (US$M)
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Germany aluminum wire market highlights
- The Germany aluminum wire market generated a revenue of USD 977.0 million in 2024 and is expected to reach USD 1,325.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 5.2% from 2025 to 2030.
- In terms of segment, electrical was the largest revenue generating product in 2024.
- Electrical is the most lucrative product segment registering the fastest growth during the forecast period.
Aluminum wire market data book summary
| Market revenue in 2024 | USD 977.0 million |
| Market revenue in 2030 | USD 1,325.7 million |
| Growth rate | 5.2% (CAGR from 2024 to 2030) |
| Largest segment | Electrical |
| Fastest growing segment | Electrical |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Electrical, Mechanical |
| Key market players worldwide | Kaiser Aluminum Corp, Prysmian SpA, Southwire Company, Cerro Wire, Nexans, Sumitomo Electric Industries Ltd ADR, Southern Cable Group, Ducab, Norsk Hydro ASA |
Other key industry trends
- In terms of revenue, Germany accounted for 2.9% of the global aluminum wire market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany aluminum wire market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 1,325.7 million by 2030.
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Aluminum Wire Market Scope
Aluminum Wire Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 80.01% in 2022. Horizon Databook has segmented the Germany aluminum wire market based on electrical, mechanical covering the revenue growth of each sub-segment from to 2030.
In 2020, Germany dominated the Europe aluminum wire market with a volume share of 26.2%. Increasing production of renewable energy is one of the key factors driving the market outlook for aluminum wires in Germany.
As per the IEA, wind, solar PV, and hydro are the prominent renewable energy resources in Germany, which are estimated to reach a combined capacity of 134 GW in 2021.
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Our clientele includes a mix of aluminum wire market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany aluminum wire market , including forecasts for subscribers. This country databook contains high-level insights into Germany aluminum wire market from to 2030, including revenue numbers, major trends, and company profiles.
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Germany aluminum wire market
Germany Aluminum Wire Market Outlook Share, 2022 & 2030 (US$M)
Germany aluminum wire market
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