Market Overview:
The global automatic cable tying systems market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for automated cable tying systems in various industries such as energy, chemical, transportation, food processing, telecommunication and aerospace & defence. Additionally, the growing demand for electrical & electronics products is also fuelling the growth of the global automatic cable tying systems market.
Product Definition:
An Automatic Cable Tying Systems is a device that automatically ties cable together with a knot, eliminating the need for manual tying. This system is important because it speeds up the process of tying cables together, which can be difficult and time-consuming.
Handheld Type:
Handheld type is a device used to secure and hold the ends of flexible cables in place until the cable is fully wound. It's major application areas include commercial buildings, residential buildings, industrial plants and other infrastructure facilities. The global market for handheld type devices was valued at USD 1.5 billion in 2015 and is expected to grow at a CAGR of XX% from 2016 to 2024.
Fixed Type:
The fixed type is a device that has a handle or an anchor point at one end and a loop of wire or cable at the other. The fixed type devices are used in automatic cable tying systems for binding cables, wires, and ropes to prevent them from falling. These devices are available in different forms such as loops, handles, pulleys etc., which help in providing flexibility to the system.
Application Insights:
The energy application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for automatic cable tying systems from various end-use industries including oil & gas, power generation, petrochemicals, and mining among others.
The chemical industry is also anticipated to witness significant growth owing to rising demand for chemicals across the globe especially from emerging economies such as China and India. Furthermore, rapid industrialization coupled with increasing population has resulted in an increased need for chemicals which further drives demand globally resulting in higher sales of automatic cable ties system globally which will boost industry growth over the forecast period significantly.
Regional Analysis:
The Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing foreign investments in countries such as China, India, and Japan. For instance, in 2016, China witnessed USD X billion of Foreign Direct Investment (FDI). Similarly, India received USD X billion of FDI during the same year. Such investments are anticipated to create opportunities for automatic cable tying systems manufacturers over the next eight years.
North America was estimated as being the second-largest market for automatic cable tying systems in 2016 owing to presence of a large number of end users such as oil & gas and power generation industries that require continuous maintenance and repair works on a regular basis.
Growth Factors:
- Increasing demand for automatic cable tying systems from the automotive industry as they help in improving the assembly process and reducing the chances of human error.
- Growing demand for automatic cable tying systems from the construction industry as they help in speeding up the construction process and reducing wastage of materials.
- Increasing use of automatic cable tying systems in electrical wiring applications due to their ability to provide a secure and reliable connection between cables.
- Rising popularity of automated manufacturing processes that require use of automatic cable tying systems for efficient functioning.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automatic Cable Tying Systems Market Research Report
By Type
Handheld Type, Fixed Type
By Application
Energy, Chemical, Transportation, Food Processing, Telecommunication, Aerospace & Defence, Electrical & Electronics, Others
By Companies
Aituo Automation, Aptiv (HellermannTyton), Bontley, Fhope, Kingsing, Murrplastik Systems, Panduit, Partex, Swift Automation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Automatic Cable Tying Systems Market Report Segments:
The global Automatic Cable Tying Systems market is segmented on the basis of:
Types
Handheld Type, Fixed Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Energy, Chemical, Transportation, Food Processing, Telecommunication, Aerospace & Defence, Electrical & Electronics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Aituo Automation
- Aptiv (HellermannTyton)
- Bontley
- Fhope
- Kingsing
- Murrplastik Systems
- Panduit
- Partex
- Swift Automation
Highlights of The Automatic Cable Tying Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Handheld Type
- Fixed Type
- By Application:
- Energy
- Chemical
- Transportation
- Food Processing
- Telecommunication
- Aerospace & Defence
- Electrical & Electronics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automatic Cable Tying Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automatic cable tying systems are a type of safety device that is used to secure cables. They work by automatically tying the ends of the cables together using a knot. This prevents them from becoming loose and potentially causing damage or injury.
Some of the major players in the automatic cable tying systems market are Aituo Automation, Aptiv (HellermannTyton), Bontley, Fhope, Kingsing, Murrplastik Systems, Panduit, Partex, Swift Automation.
The automatic cable tying systems market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automatic Cable Tying Systems Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Automatic Cable Tying Systems Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automatic Cable Tying Systems Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Automatic Cable Tying Systems Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Automatic Cable Tying Systems Market Size & Forecast, 2020-2028 4.5.1 Automatic Cable Tying Systems Market Size and Y-o-Y Growth 4.5.2 Automatic Cable Tying Systems Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Handheld Type
5.2.2 Fixed Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Energy
6.2.2 Chemical
6.2.3 Transportation
6.2.4 Food Processing
6.2.5 Telecommunication
6.2.6 Aerospace & Defence
6.2.7 Electrical & Electronics
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automatic Cable Tying Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automatic Cable Tying Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Handheld Type
9.6.2 Fixed Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Energy
9.10.2 Chemical
9.10.3 Transportation
9.10.4 Food Processing
9.10.5 Telecommunication
9.10.6 Aerospace & Defence
9.10.7 Electrical & Electronics
9.10.8 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Handheld Type
10.6.2 Fixed Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Energy
10.10.2 Chemical
10.10.3 Transportation
10.10.4 Food Processing
10.10.5 Telecommunication
10.10.6 Aerospace & Defence
10.10.7 Electrical & Electronics
10.10.8 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Handheld Type
11.6.2 Fixed Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Energy
11.10.2 Chemical
11.10.3 Transportation
11.10.4 Food Processing
11.10.5 Telecommunication
11.10.6 Aerospace & Defence
11.10.7 Electrical & Electronics
11.10.8 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Handheld Type
12.6.2 Fixed Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Energy
12.10.2 Chemical
12.10.3 Transportation
12.10.4 Food Processing
12.10.5 Telecommunication
12.10.6 Aerospace & Defence
12.10.7 Electrical & Electronics
12.10.8 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Handheld Type
13.6.2 Fixed Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Energy
13.10.2 Chemical
13.10.3 Transportation
13.10.4 Food Processing
13.10.5 Telecommunication
13.10.6 Aerospace & Defence
13.10.7 Electrical & Electronics
13.10.8 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automatic Cable Tying Systems Market: Competitive Dashboard
14.2 Global Automatic Cable Tying Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aituo Automation
14.3.2 Aptiv (HellermannTyton)
14.3.3 Bontley
14.3.4 Fhope
14.3.5 Kingsing
14.3.6 Murrplastik Systems
14.3.7 Panduit
14.3.8 Partex
14.3.9 Swift Automation