Market Analysis and Insights: Global Piano Wire Market
Due to the COVID-19 pandemic, the global Piano Wire market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Stainless Steel accounting for % of the Piano Wire global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Springs segment is altered to an % CAGR throughout this forecast period.
China Piano Wire market size is valued at US$ million in 2021, while the US and Europe Piano Wire are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Piano Wire landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Piano Wire include Precision Brand Products, Mount Joy Wire, Howard Piano Industries, K&S Precision Metals, Wurtec, Optimum Spring, Gibbs Wire & Steel, Inc. and Mapes Wire, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
Global Piano Wire Scope and Segment
Piano Wire market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Piano Wire market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Stainless Steel
High-carbon Steel
Others
Segment by Application
Springs
Musical Instruments
Fishing Lures
Movie Industry
Others
By Company
Precision Brand Products
Mount Joy Wire
Howard Piano Industries
K&S Precision Metals
Wurtec
Optimum Spring
Gibbs Wire & Steel, Inc.
Mapes Wire
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E