The Global Bunched Wire Market was valued at USD 18.2 Billion in 2024 and is projected to reach USD 25.8 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period (2024–2030). This robust growth is primarily driven by accelerating investments in renewable energy infrastructure, rapid urbanization, and the expanding demand for high-performance electrical transmissions systems across automotive, construction, and industrial sectors.

As the world transitions toward smarter grids and electrified transportation, the foundational role of bunched wire becomes increasingly critical. These conductors, formed by twisting multiple thin wires together, offer superior flexibility, conductivity, and durability compared to solid conductors. In this blog, we profile the Top 10 Companies in the Bunched Wire Industry—a diverse mix of global metal specialists, cable giants, and innovative manufacturers shaping the future of electrical connectivity.

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🔟 1. Sandvik (Kanthal)

Headquarters: Sandviken, Sweden
Key Offering: High-Temperature Resistance Wires, Precision Bunched Strands

Sandvik, through its Kanthal division, is a world leader in advanced heating technology and resistance wire products. The company produces high-performance bunched wires engineered for extreme temperatures and demanding industrial applications, including furnaces, industrial heating elements, and aerospace systems.

Innovation Initiatives:

• Development of advanced alloys for enhanced thermal and electrical properties

• Focus on sustainability with recyclable and long-lasting material solutions

• Strong R&D investment in materials science for next-generation applications

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9️⃣ 2. Nexans S.A.

Headquarters: Paris, France
Key Offering: Power Cables, Bunched Conductors for Energy Transmission

Nexans is a global leader in the cable industry, providing a comprehensive portfolio of cabling solutions. The company is a major supplier of bunched wire for high-voltage power transmission, renewable energy projects (particularly offshore wind farms), and building infrastructure worldwide.

Innovation Initiatives:

• Pioneering subsea cable technology for interconnecting power grids

• Commitment to electrifying the future with low-carbon solutions

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8️⃣ 3. Sarkuysan

Headquarters: Istanbul, Turkey
Key Offering: Copper Bunched Wire, Tinned Copper Conductors

Sarkuysan is a prominent Turkish manufacturer specializing in copper-based products, including a wide range of bunched and stranded wires. The company serves various sectors, including automotive, telecommunications, and electrical appliances, with a focus on high-conductivity copper solutions.

Innovation Initiatives:

• Expansion of production capacity to meet growing European and Middle Eastern demand

• Investment in quality control systems ensuring consistent wire performance

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7️⃣ 4. KEI Industries Limited

Headquarters: New Delhi, India
Key Offering: Bunched Wires for Building Cables, Industrial Cables

KEI Industries is one of India’s leading cable and wire manufacturers, with a significant footprint in the bunched wire segment. The company caters to infrastructure development, power distribution, and industrial growth across India and export markets.

Innovation Initiatives:

• Focus on manufacturing wires compliant with stringent international standards (ISO, ASTM)

• Expansion into high-margin specialty cables for railways and renewable projects

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6️⃣ 5. Racer Wire Works

Headquarters: Maharashtra, India
Key Offering: Fine Wire Bunches, Custom Stranded Conductors

Racer Wire Works specializes in the production of fine and ultra-fine bunched wires for specialized applications in electronics, medical devices, and precision engineering. The company is known for its ability to produce complex strand configurations to exact customer specifications.

Innovation Initiatives:

• Expertise in micro-bunching technology for miniaturized electronic components

• Strong focus on the high-growth medical and automotive sensor markets

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5️⃣ 6. Er-Bakir

Headquarters: Istanbul, Turkey
Key Offering: Bare Copper Bunched Wire, Tinned Copper Wire

Er-Bakir is a key player in the Turkish and European markets for copper wire products. The company manufactures a broad spectrum of bunched wires used in power cables, automotive wiring harnesses, and magnet wires, leveraging Turkey’s strategic position between Europe and Asia.

Innovation Initiatives:

• Modernization of manufacturing facilities to improve efficiency and product quality

• Strategic export initiatives targeting emerging economies

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4️⃣ 7. Anglia Metal

Headquarters: Essex, United Kingdom
Key Offering: Specialist Alloy Wires, High-Flexibility Bunched Cables

Anglia Metal is a UK-based supplier and processor of non-ferrous metals, including a variety of bunched wire products. The company serves niche markets that require specialized alloys and high-flexibility conductors, particularly in the aerospace and defense sectors.

Innovation Initiatives:

• Provision of value-added services like cutting, spooling, and custom packaging

• Focus on sourcing and supplying corrosion-resistant and high-strength alloys

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3️⃣ 8. Scott Precision Wire

Headquarters: North Lanarkshire, Scotland, UK
Key Offering: Precision Engineered Copper Wire, Fine Bunched Strands

Scott Precision Wire is a specialist manufacturer of high-quality copper wire for the electronics, telecommunications, and automotive industries. The company’s expertise lies in producing fine-gauge bunched wires with precise tolerances for reliable performance in critical applications.

Innovation Initiatives:

• Investment in continuous casting technology for superior wire quality

• Development of wires for high-frequency data transmission

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2️⃣ 9. Taalay Metallics

Headquarters: Mumbai, India
Key Offering: Bunched Copper Wire, Aluminum Stranded Conductors

Taalay Metallics is an established manufacturer of non-ferrous metal products in India. The company produces bunched wires from both copper and aluminum, catering to the domestic construction, power, and automotive industries with cost-effective conductive solutions.

Innovation Initiatives:

• Adapting product portfolio to support India’s massive infrastructure push

• Emphasis on producing aluminum bunched wires as a cost-efficient alternative

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1️⃣ 10. Vatan Cable

Headquarters: Tehran, Iran
Key Offering: Power Cables, Bunched Wire for Domestic Markets

Vatan Cable is a significant regional player, manufacturing a wide array of cable and wire products, including bunched conductors, primarily for the Iranian and neighboring markets. The company supports regional energy and construction projects with locally produced wiring solutions.

Innovation Initiatives:

• Focus on import substitution and strengthening domestic manufacturing capabilities

• Expansion into higher voltage cable production for infrastructure upgrades

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🌍 Outlook: The Future of Bunched Wire Is Smarter and More Integrated

The bunched wire market is undergoing a significant transformation, propelled by the global energy transition and digitalization. While traditional applications in building wiring remain strong, the industry is rapidly evolving to meet the demands of electric vehicles (EVs), smart grids, and 5G infrastructure.

📈 Key Trends Shaping the Market:

• Rising demand for high-flexibility, lightweight wires in EV battery packs and charging systems

• Increased use of bunched wires in renewable energy systems, especially solar and wind farm inter-array cables

• Development of advanced coatings and insulations for enhanced durability and performance in harsh environments

• Strategic partnerships between wire manufacturers and automotive/energy companies to co-develop customized solutions

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Bunched Wire Market – View in Detailed Research Report

The companies listed above are not only supplying essential components for global electrification—they are actively innovating to build a more connected and sustainable future.