Italy Aluminum Wire Market Size & Outlook, 2022-2030
Italy aluminum wire market, -2030 (US$M)
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Italy aluminum wire market highlights
- The Italy aluminum wire market generated a revenue of USD 237.0 million in 2024 and is expected to reach USD 295.5 million by 2030.
- The Italy market is expected to grow at a CAGR of 3.7% from 2025 to 2030.
- In terms of segment, electrical was the largest revenue generating product in 2024.
- Mechanical 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 237.0 million |
| Market revenue in 2030 | USD 295.5 million |
| Growth rate | 3.7% (CAGR from 2024 to 2030) |
| Largest segment | Electrical |
| Fastest growing segment | Mechanical |
| 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, Italy accounted for 0.7% 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 |
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Italy 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 80.68% in 2022. Horizon Databook has segmented the Italy aluminum wire market based on electrical, mechanical covering the revenue growth of each sub-segment from to 2030.
In 2020, Italy accounted for a share of 5.8% of the European aluminum wire market. Increasing investments for the economic recovery and energy transition are anticipated to augment the need for new infrastructure and thus, propel the demand for aluminum wires in the country over the forecast period.
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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 Italy aluminum wire market , including forecasts for subscribers. This country databook contains high-level insights into Italy aluminum wire market from to 2030, including revenue numbers, major trends, and company profiles.
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Italy aluminum wire market
Italy Aluminum Wire Market Outlook Share, 2022 & 2030 (US$M)
Italy aluminum wire market
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