Solid Wires Market Share, Growth, Region Wise Analysis of Top Players, Application 2021


Posted September 15, 2017 by rajeshsinha9423

Global Solid Wires Market is segmented on the basis of product type, application, and region. Solid wires consist of a single strand of wire insulated with non-conductive material.

 
Global Solid Wires Market is segmented on the basis of product type, application, and region. Solid wires consist of a single strand of wire insulated with non-conductive material. Solid wires can be used to change the tracking on printed circuit assemblies. These wires are convenient for making temporary connections between circuitry modules and test equipment.

Solid wire is the wire of choice for outdoor or rugged-duty applications which may expose the wire to corrosive elements, adverse weather condition or frequent movement. One very common type of solid wire is known as wire wrap. Solid wire is used when little or no movement is needed, such as prototyping circuits on a breadboard. Using solid core wire makes it easy to push the wire into a breadboard. Solid wire is more resistant to weathering and atmospheric exposures due to its decreased surface area. Solid wire is more resistant to corrosion and other adverse weathering effects.

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Advantages in using a solid wire is cost, simplicity and durability. Since, it is merely a single, thick strand of wire, the wire is much resistant to damage and extremely simple to produce. However, applications that require a great deal of movement such as robotics or vehicular applications or will require the wire to be bent into complex shapes such as electronics and circuit boards, solid wire is undesirable because it lacks the strength and flexibility to endure reshaping and motion.

Solid wires are more compact for the same current capacity and are lower in cost are the factors that boosts the overall market growth. Whereas, they are available in small sizes and flexing or vibration will fatigue the wire and cause it to break are the factors that restrain market growth. The solid wires market is classified, by type into wire wrap and others. wire wrap is a method to construct electronic circuit boards. Electronic components installed on an insulating board are joined by lengths of insulated wire run between their terminals, with the connections made by wrapping several turns around a component lead or a socket pin.

The solid wires market is classified, by application into aerospace and defense, automotive and transportation, heavy machinery, building and construction, and marine industries. Solid wires are used in the automotive and transportation industry to manufacture critical components and subsystems. The building and construction application accounted for the market share of welding consumables market in Europe, Middle East and Africa (EMEA).

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The solid wires market is geographically segmented into North America, Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa. Europe, Middle East and Africa region accounted for most of the incomes in the global solid-wires market. This is mainly due to the increased adoption of high-performance alloys in solid wires in this region. Growth in the building and construction industry is expected to be the key driver of the solid wire market in the Middle East.

Asia Pacific region is expected to grow at fastest pace during the forecast period. This region is mainly driven by large-scale developmental activity in China and India. Moreover, government investments in energy and construction, coupled with private and foreign direct investments, will combine to drive demand for solid wires. Eastern Europe, Russia, the Middle East and Africa represent the other growth hotspots for solid wires from the region. The market will also benefit from significant demand from South America. The solid wires market key players are Air Liquide, ESAB, Hilarius Haarlem Holland, Hyundai Welding, Illinois Tool Works, Kiswel, Kobe Steel, The Lincoln Electric Company, The Linde Group, and Welding Alloys Group.

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Last Updated September 15, 2017