Market Share of Magnet Wire(1)

Now in the overall size of the global magnet wire industry, Asian market can account for 37%, the European market is nearly 30%, the Americas accounted for 24% of the market while other markets accounted for 9%. If we classify by the copper conductor production and the country, China, USA, Germany and South Korea occupy the world's top four position. And South Korea, and China are the Asian countries.

But China magnet wire production account for 30.5% of global share, and which the Chinese mainland account for 27.6%. At the same time, the annual growth rate of magnet wire in the countries and regions of the world ranks first.