The Global Bunched Wire Market was valued at USD 25.8 Billion in 2024 and is projected to reach USD 36.2 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024–2030). This significant growth is primarily fueled by the global expansion of power generation and transmission infrastructure, rapid urbanization driving construction activities, and the accelerating demand for advanced electrical components in the automotive and consumer electronics sectors.

As industries worldwide prioritize infrastructure modernization and energy efficiency, the role of high-performance conductive materials becomes increasingly critical. Bunched wire, known for its superior flexibility and conductivity compared to solid-core wire, is at the heart of this transformation. In this blog, we profile the Top 10 Companies in the Bunched Wire Industry—a group of specialized manufacturers and global suppliers shaping the reliability and efficiency of electrical systems across countless applications.

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🔟 1. Nexans S.A.

Headquarters: Paris, France
Key Offering: Copper Bunched Wire, Aluminum Bunched Wire, High-Flexibility cables

Nexans is a global leader in the cable and wire industry, offering an extensive portfolio of bunched wire solutions for energy transmission, construction, and industrial applications. Their products are renowned for meeting stringent international standards for safety and performance.

Innovation and Sustainability Initiatives:

• Development of halogen-free and flame-retardant bunched wires
• Commitment to carbon neutrality across its operations by 2030
• Investment in recycling technologies for copper and aluminum

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9️⃣ 2. Sandvik AB (Kanthal)

Headquarters: Sandviken, Sweden
Key Offering: High-Temperature Resistance Wires, Kanthal® Super Bunched Wires

Sandvik, through its Kanthal division, is a premier manufacturer of advanced resistance heating alloys and bunched wires designed for extreme temperature environments, such as industrial furnaces and heating elements.

Innovation and Sustainability Initiatives:

• Focus on energy-efficient heating solutions
• R&D in materials that extend product lifespan and reduce energy consumption

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8️⃣ 3. Sarkuysan Elektrolitik Bakir Sanayii A.S.

Headquarters: Istanbul, Turkey
Key Offering: Electrolytic Copper Bunched Wire, Tinned Copper Wires

Sarkuysan is a leading Turkish producer of copper products, specializing in high-purity electrolytic copper bunched wires. The company serves a diverse range of sectors, including automotive, telecommunications, and electrical equipment manufacturing.

Innovation and Sustainability Initiatives:

• Advanced refining processes ensuring 99.99% copper purity
• Implementation of water recycling and waste reduction systems in production

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7️⃣ 4. KEI Industries Limited

Headquarters: New Delhi, India
Key Offering: Bunched Copper Conductors, LT Power Cables, House Wires

KEI Industries is one of India’s largest cable manufacturers, with a significant market share in bunched wire products used in power distribution, industrial wiring, and building infrastructure.

Innovation and Sustainability Initiatives:

• Expansion of manufacturing capacity to meet growing domestic and export demand
• Focus on producing fire-survival and solar cables for renewable energy applications

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6️⃣ 5. Racer Wire Works

Headquarters: Mumbai, India
Key Offering: Precision Bunched Wire for Automotive Harnesses, Magnet Wires

Racer Wire Works specializes in high-precision bunched wires, particularly for the automotive industry, where reliability and durability are paramount for wiring harnesses and electrical components.

Innovation and Sustainability Initiatives:

• Development of thinner, lighter wires for vehicle weight reduction
• Adherence to international automotive quality standards like IATF 16949

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5️⃣ 6. Scott Precision Wire Ltd.

Headquarters: West Midlands, United Kingdom
Key Offering: Fine Copper Bunched Wire, Litz Wire, Ultra-Fine Conductors

Scott Precision Wire is a UK-based specialist in fine and ultra-fine bunched conductors, including Litz wire, which is essential for high-frequency applications in electronics, aerospace, and medical devices to minimize energy loss.

Innovation and Sustainability Initiatives:

• Expertise in custom wire configurations for specialized applications
• Use of high-grade, recyclable materials

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4️⃣ 7. Anglia Metal International Ltd.

Headquarters: Essex, United Kingdom
Key Offering: Bare Copper Bunched Wire, Tinned Copper Wire, Flexible Strands

Anglia Metal is a major supplier of non-ferrous metal products, including a wide array of bunched copper wires known for their excellent conductivity and flexibility, catering to the electrical and construction industries.

Innovation and Sustainability Initiatives:

• Supply chain optimization for reduced environmental impact
• Provision of alloys tailored for specific conductivity and strength requirements

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3️⃣ 8. Vatan Cable

Headquarters: Istanbul, Turkey
Key Offering: Power Cables with Bunched Conductors, Building Wires

Vatan Cable is a significant player in the Middle East and European markets, manufacturing a comprehensive range of cables that utilize bunched wire conductors for enhanced performance and durability.

Innovation and Sustainability Initiatives:

• Production of environmentally friendly cables with low smoke zero halogen (LSZH) properties
• Certification to European (CE) and international (IEC) standards

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2️⃣ 9. Carlo Colombo S.p.A.

Headquarters: Lecco, Italy
Key Offering: Specialty Bunched Wires for Appliances, Magnet Wire

An Italian specialist, Carlo Colombo produces high-quality bunched and magnet wires primarily for the domestic appliance and industrial motor sectors, emphasizing precision and thermal stability.

Innovation and Sustainability Initiatives:

• Investment in automation for consistent product quality
• Development of wires that support energy-efficient motor designs

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1️⃣ 10. Er-Bakir Elektrik

Headquarters: Istanbul, Turkey
Key Offering: Copper Bunched Wire for Energy Cables, Overhead Lines

Er-Bakir is a key Turkish manufacturer focusing on copper products for the energy sector, supplying bunched wires that form the core of medium and high-voltage power cables for national grid projects.

Innovation and Sustainability Initiatives:

• Focus on products that enhance the efficiency of power transmission
• Commitment to sustainable mining and refining partnerships

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

The bunched wire market is evolving in response to global megatrends. As the world builds smarter cities, transitions to electric vehicles, and expands renewable energy capacity, the demand for advanced, reliable, and efficient conductive materials is set to surge.

📈 Key Trends Shaping the Market:

• Rising demand for high-flexibility wires in robotics and automation systems
• Increasing adoption of aluminum bunched wire as a cost-effective and lightweight alternative to copper
• Stringent international regulations pushing for higher safety standards (e.g., flame retardancy, low toxicity)
• Growth in renewable energy projects driving demand for specialized cables with bunched conductors

Get Full Report Here: Bunched Wire Market – View in Detailed Research Report

The companies profiled above are not just supplying a fundamental component—they are enabling the electrification and digitalization of the global economy, one strand at a time.