According to Cognitive Market Research, the Global Bonding Wire Market size was USD 13954.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 3.30% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 5581.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.5% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 4186.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 3209.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.3% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 697.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 279.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.0% from 2024 to 2031.
Thermosonic Bonding is the fastest growing segment of the Global Bonding Wire Market.
