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Home>Global Winding Wire Market 2017-2021: Growth in Use of Alternative Energy Sources - Research and Markets

Global Winding Wire Market 2017-2021: Growth in Use of Alternative Energy Sources - Research and Markets

Global Winding Wire Market 2017-2021: Growth in Use of Alternative Energy Sources - Research and Markets

10/05/2017

Global Winding Wire Market 2017-2021: Growth in Use of Alternative Energy Sources - Research and Markets

The "Global Winding Wire Market 2017-2021" report has been added to Research and Markets' offering.

The global winding wire market is forecast to grow at a CAGR of 4.12% during the period 2017-2021.

The report, Global Winding Wire Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of theKey vendors operating in this market.

The latest trend gaining momentum in the market is the rise in smart grid infrastructure. The economy, health and safety, and national security of any nation depend on the reliable delivery of electricity. The electricity grid is not just about power generation and transmission. It also includes an ecosystem of service providers, manufacturers, asset owners, and government officials at the local, state, and federal levels working together to run a reliable electrical grid. The development of smart grids across the globe is leading to the adoption of new metering technologies, better power protection measures, and use of efficient appliances.

According to the report, one of the major drivers for this market is the growth in use of alternative energy sources. Growing environmental awareness is leading to the increase in investments in renewables. In 2015, despite the fluctuating exchange rates and fall in oil and gas prices, these investments witnessed growth. According to the Eurostat the production from renewables in the EU in 2015 was around 205 million toe (tonnes of oil equivalent), which was over 26% of the region's total primary energy production.

Key vendors

  • Elsewedy Electric
  • General Cable Technologies
  • Sumitomo Electric Industries
  • Superior Essex

Key Topics Covered:

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