According to market research report provider 360 Market Updates, experts expect 2017-2021, Europe, the Middle East and Africa (EMEA) copper enameled wire and bare wire market will be 5% compound annual growth rate.
The driving force of the market includes the growth of regional electricity and electrical equipment, the growing economy in Europe, the Middle East and Africa, and the electrical conductivity of copper.
Of course, the market is also facing many challenges, such as competition from alternative metals and materials, raw materials in the Middle East and the shortage of skilled workers, fluctuations in copper raw material prices.
2017 - 2021 The market trend will be the growing solar industry and the growing number of smart grid investments.
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