Japan Aluminum Wire Market Size & Outlook, 2022-2030
Japan aluminum wire market, -2030 (US$M)
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Japan aluminum wire market highlights
- The Japan aluminum wire market generated a revenue of USD 325.9 million in 2024 and is expected to reach USD 422.8 million by 2030.
- The Japan market is expected to grow at a CAGR of 4.4% 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 325.9 million |
| Market revenue in 2030 | USD 422.8 million |
| Growth rate | 4.4% (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, Japan accounted for 1.0% 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 Asia Pacific, China aluminum wire market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,649.5 million by 2030.
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Aluminum Wire Market Scope
Aluminum Wire Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 77.54% in 2022. Horizon Databook has segmented the Japan aluminum wire market based on electrical, mechanical covering the revenue growth of each sub-segment from to 2030.
Japan is known for the technological advancements it has made over the years. It is one of the most developed countries in the world. The automotive sector in the country is the most prominent across the world owing to the presence of several global market players including Mazda, Honda, Suzuki, Toyota, and Mitsubishi.
For instance, Nissan Motors, a multinational automobile manufacturer along with Envision AESC announced to build a USD 460 million worth car-battery plant in the country to support EV production. Aluminum wires are utilized in battery cables.
and thus, increasing production of batteries in the country is expected to benefit the consumption of aluminum wires in the coming years.
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Target buyers of Japan aluminum wire market databook
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Our clientele includes a mix of aluminum wire market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 country-level data and insights on the Japan aluminum wire market , including forecasts for subscribers. This country databook contains high-level insights into Japan aluminum wire market from to 2030, including revenue numbers, major trends, and company profiles.
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Japan aluminum wire market
Japan Aluminum Wire Market Outlook Share, 2022 & 2030 (US$M)
Japan aluminum wire market
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