다이아몬드 와이어 시장 예측(-2030년) : 제품, 유형, 형태, 용도, 최종사용자 및 지역별 세계 분석

According to Stratistics MRC, the Global Diamond Wire Market is accounted for $1.21 billion in 2023 and is expected to reach $2.69 billion by 2030 growing at a CAGR of 12.12% during the forecast period. Diamond beads, grains or other microscopic particles are bonded to a solid core wire to form a diamond wire. Depending on their many applications, these diamond beads or grains come in a variety of sizes and shapes, including cylinder and conical beads. For various hard-material cutting tasks, such as slicing, bricking, cropping, squaring, and cutting, a diamond wire is employed as an abrasive cutting tool. In the stone and marble sector, diamond wires are used for cutting, heavy building, and the demolition of piers, towers, and bridges. In electronics applications, diamond wires are also employed in cropping, lapping, and grinding operations. Diamond wire as a cutting tool provides better cutting effectiveness, greater reliability, and less waste.

Market Dynamics:

Driver:

Construction and infrastructure development

The construction industry is a significant driver for the diamond wire market. Diamond wire saws are extensively used in construction projects for cutting and shaping various materials like concrete, reinforced concrete, natural stones, and even metals. The increasing demand for infrastructure development, including roads, bridges, tunnels, and buildings, fuels the need for efficient cutting tools like diamond wire, which will boost market expansion throughout the forecast period.

Restraint:

Technical expertise and training

Effective and efficient use of diamond wire technology requires specialized knowledge and training. Operating diamond wire saws and ensuring optimal cutting performance requires skilled operators who are trained in the proper techniques and safety protocols. The need for technical expertise and training can pose a challenge for companies looking to adopt diamond wire cutting methods, particularly in industries where such expertise may be limited or costly to acquire.

Opportunity:

Focus on sustainable and environmentally friendly solutions

The increasing focus on sustainability and environmental consciousness across industries creates an opportunity for the diamond wire market. Diamond wire cutting is generally considered a more environmentally friendly alternative compared to conventional cutting methods. Promoting the eco-friendly aspects of diamond wire technology and developing sustainable practices can attract environmentally conscious customers and align with emerging regulatory requirements.

Threat:

Volatility in raw material prices

Diamonds are a critical component of diamond wire, and fluctuations in diamond prices can directly impact the cost of production. If the prices of diamonds increase significantly, it can lead to higher manufacturing costs for diamond wire. This can potentially squeeze profit margins for manufacturers and suppliers, making their products less competitive in the market. Additionally, Volatility in raw material prices can make it challenging for diamond wire manufacturers to forecast and plan their pricing strategies effectively. If there is a sudden increase in diamond prices, manufacturers may struggle to pass on the higher costs to their customers due to market competitiveness. This can result in reduced profitability for manufacturers and suppliers, affecting their financial stability and growth prospects.

COVID-19 Impact:

The COVID-19 epidemic has had a significant negative influence on the world market for diamond wire. As a result, the production rate of diamond wire would be further hindered by a lack of raw material supply, which is anticipated to have a negative effect on market growth over the forecast period. The global diamond wire market is projected to see a brief decline due to the halting of ongoing activities in industrial and commercial processes. Additionally, there is a significant reduction in activity in the construction sector as a result of a labor shortage and a shortage of raw materials, which will restrain the expansion of the global market.

The solar photovoltaic segment is expected to be the largest during the forecast period:

The solar photovoltaic segment is one of the fastest growing in the world over the forecast period. The increasing awareness to find green source of energy and high cost of traditional energy sources is making solar energy as one of the most popular sources of renewable energy. This factor is propelling the photovoltaic industry and it is expected to consequently stimulate the diamond wire market. The mono and polycrystalline silicon used in solar cells are very hard and expensive, which makes the cutting and machining of silicon wafers very time consuming and costly. Diamond wire reduces the time consumed in cutting by up to 50% and less time means greater mass production and lower costs. Due to this, the demand of diamond wire is expected to rise, which would propel its market.

The diamond cutting segment is expected to have the highest CAGR during the forecast period:

Diamond cutting involves the precision shaping and faceting of diamonds to enhance their brilliance, clarity, and overall appearance. This process is typically carried out by highly skilled artisans using specialized diamond cutting tools, including diamond-impregnated saw blades, laser cutting machines, and diamond wire saws. Diamond cutting techniques vary based on the desired shape and design of the diamond, and they require expertise in order to maximize the value and beauty of the gemstone. Within the diamond wire market, diamond cutting refers to the use of diamond wire technology for cutting various materials. While diamond cutting primarily focuses on shaping and enhancing diamonds as gemstones, the diamond wire market encompasses a broader range of applications, which is propelling segment growth in the market.

Region with largest share:

North America holds a significant share of the global Diamond Wire market size in this region during the forecast period. The construction sector plays a vital role in the demand for diamond wire in North America. Diamond wire saws are extensively used for cutting and shaping materials like concrete, reinforced concrete, and natural stones in construction projects. Additionally, ongoing infrastructure development projects in North America, such as road construction, bridge building, and tunnelling, contribute to the demand for diamond wire. These projects require precise and efficient cutting of various materials, which diamond wire provides.

Region with highest CAGR:

During the forecast period, Asia Pacific is expected to grow at the highest CAGR in this region over the forecast period. In countries like China, India, and Japan, owing to increasing applications in solar photovoltaic, semiconductor, construction, and optical, the demand for diamond wire has been increasing in the region. Additionally, the demand of diamond wire is increasing as diamond wire has made hard optical materials such as sapphire and quartz more accessible and affordable. Owing to diamond wire effective cutting, expensive sapphire ingots are being able to cut with minimum kerfs loss, which maximizes yield and less waste material is generated.

Key players in the market:

Some of the key players in Diamond Wire Market include Asahi Diamond Industrial Co., Ltd., CO.FI.PLAST SRL, Dellas S.p.A., Diamond Pauber, Diamond WireTec GmbH&Co.KG, HellermannTyton, Iljin Diamond CO., LTD., Legrand, Logomatic GmbH, Metron, Meyer Burger Technology AG, Nanjing Sanchao, Noritake CO.,LTD, Panduit, Pulitor, Schiender Electric and Solga Diamant

Key Developments:

• In February 2021, HellermannTyton launched a new range of halogen-free wiring ducts, which are designed to reduce the risk of toxic gas emissions in the event of a fire

• In November 2020, Legrand announced the acquisition of Universal Electric Corporation, a manufacturer of flexible electrical power distribution systems. This acquisition expanded Legrand's product portfolio in the wiring duct market

• In May 2020, Panduit announced the launch of its new HD Flex 2.0 wiring duct, which is designed to provide greater flexibility and easier installation for high-density wiring applications

• In January 2019, Schneider Electric announced the acquisition of ASCO Power Technologies, a leading provider of power management solutions for critical applications. This acquisition strengthened Schneider Electric's position in the wiring duct market

Products Covered:

• Electroplated Diamond Wire
• Resin Bond diamond Wire
• Sintered Diamond Wire
• Vacuum Brazing
• Other Products

Types Covered:

• Natural
• Synthetic

Shapes Covered:

• Cylindrical
• Bi-Conical
• Conical

Applications Covered:

• Diamond Cutting
• Sapphire Cutting
• Silicon Cutting
• Concrete Cutting
• Quartz Cutting
• Metal Cutting
• Other Applications

End Users Covered:

• Solar Photovoltaic
• Semiconductor
• Optical
• Building & Construction
• Stone and Marble
• Industrial
• Commercial
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026 and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Diamond Wire Market, By Product

• 5.1 Introduction
• 5.2 Electroplated Diamond Wire
• 5.3 Resin Bond diamond Wire
• 5.4 Sintered Diamond Wire
• 5.5 Vacuum Brazing
• 5.6 Other Products

6 Global Diamond Wire Market, By Type

• 6.1 Introduction
• 6.2 Natural
• 6.3 Synthetic

7 Global Diamond Wire Market, By Shapes

• 7.1 Introduction
• 7.2 Cylindrical
• 7.3 Bi-Conical
• 7.4 Conical

8 Global Diamond Wire Market, By Application

• 8.1 Introduction
• 8.2 Diamond Cutting
• 8.3 Sapphire Cutting
• 8.4 Silicon Cutting
• 8.5 Concrete Cutting
• 8.6 Quartz Cutting
• 8.7 Metal Cutting
• 8.8 Other Applications

9 Global Diamond Wire Market, By End User

• 9.1 Introduction
• 9.2 Solar Photovoltaic
• 9.3 Semiconductor
• 9.4 Optical
• 9.5 Building & Construction
• 9.6 Stone and Marble
• 9.7 Industrial
• 9.8 Commercial
• 9.9 Other End Users

10 Global Diamond Wire Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 Asahi Diamond Industrial Co., Ltd.
• 12.2 CO.FI.PLAST SRL
• 12.3 Dellas S.p.A.
• 12.4 Diamond Pauber
• 12.5 Diamond WireTec GmbH&Co.KG
• 12.6 HellermannTyton
• 12.7 Iljin Diamond CO., LTD.
• 12.8 Legrand
• 12.9 Logomatic GmbH
• 12.10 Metron
• 12.11 Meyer Burger Technology AG
• 12.12 Nanjing Sanchao
• 12.13 Noritake CO.,LTD
• 12.14 Panduit
• 12.15 Pulitor
• 12.16 Schiender Electric
• 12.17 Solga Diamant