The world winding wire market is estimated to be worth US$7.3 billion in 2002 and is forecast to grow to US$7.7 billion in 2006. Demand for winding wire is driven by demand for motors and transformers. The market has been growing fastest in Asia, averaging 3% per annum and is estimated to be larger than the European and North American markets combined. The leading importers are Mexico, Germany, the United Kingdom, and China, whilst the USA, Japan and Taiwan are the major exporters. The winding (magnet) wire report reviews and evaluates the industry in over 190 countries from 1999, with forecasts forward to 2006.
Winding wire (magnet wire) as defined in this report includes all winding wire, of copper or not, and whether lacquered or enamelled, or not.
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