Aluminium Wires & Cables Trends in Passenger Car Production

As of 2023, over 60% of all new passenger cars are made with aluminium to improve fuel efficiency, reduce emissions, and enhance safety. This trend is expected to grow, with the aluminium content in vehicles projected to reach 250 kg per vehicle by 2030. This increase is closely linked to the automotive industry's rising demand, particularly in passenger car production.?

A report published by AL Circle on “ALuminium Wires & Cables - Insights & Forecast to 2030” focuses on the role of aluminium wire rods in producing the essential wires and cables for modern vehicle electrical systems.

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Aluminium's impact on lightweight passenger car electrical systems

Reducing weight in hybrid and electric vehicles is vital for boosting fuel efficiency and extending battery life. Surprisingly, up to 30 kilograms of cabling is found in these vehicles, with much of this weight stemming from insulation rather than the conducting material.?

The insulation often outweighs the wire, even in the thin wires used for electronic signals and minor functions. Lightening the electrical systems and the vehicle's body structure presents a significant opportunity to enhance performance and efficiency.

According to AL Circle, Swedish automotive manufacturer Scania has successfully reduced the weight of its copper cables by an average of 3.96 kg through shorter main harnesses and redesigned interfaces. Scania is now exploring aluminium cables, which could offer further weight reduction, improved fuel efficiency, and lower emissions, particularly in buses where the benefits of lighter cables are even more pronounced.

Technological advancements and future outlook

The future of aluminium wires and cables in passenger car production is promising, with projections indicating significant growth. The aluminium wire market is expected to grow at a compound annual growth rate (CAGR) of 5.5% from 2021 to 2026.?

Moreover, as the electric vehicle (EV) market expands, the demand for lightweight materials like aluminium is set to rise sharply. It is estimated that by 2030, the use of aluminium in EVs could increase by 60%, driven by the need for lighter vehicles to enhance battery efficiency and overall performance.

The "Aluminium Wires & Cables - Insights & Forecast to 2030" report by AL Circle highlights the growing importance of aluminium in the automotive industry. It provides insights into Passenger Car Production from 2019 to 2023, detailing the number of passenger cars produced across various continents, with specific data on China and India.

To wrap up?

The future of aluminium wires and cables in passenger car production looks highly promising, with projections indicating substantial growth. As the electric vehicle (EV) market advances, the demand for lightweight materials like aluminium is expected to surge. Different aluminium alloy series such as 3003, 5052 and 316 are used for the production depending upon the requirements.

Understanding these trends can help you forecast the growing role of aluminium in automotive innovation and make informed decisions about investments in this sector. Buy the report to stay ahead of the curve and leverage these insights for strategic planning.

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