Market Overview:
The global laser wire stripping machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for laser wire stripping machines from the electronics, medical, and automotive industries. Laser wire stripping machines are used for precision removal of insulation from wires and cables without damaging the conductor. They offer several advantages over traditional methods such as manual stripping or using blades or knives, which include high accuracy, speed, and efficiency. The CO2 laser stripper segment is expected to hold a major share of the global laser wire stripping machine market during the forecast period owing to its high efficiency and accuracy compared with other types of lasers available in the market.
Product Definition:
The laser wire stripping machine is a special equipment used to strip the insulation of the copper wire. It uses the principle of laser irradiation to quickly and accurately remove the insulation of the copper wire. The importance of Laser Wire Stripping Machine is that it can not only save time and labor, but also avoid damage to the copper core.
CO2 Laser Stripping Machine:
CO2 laser stripping machine is a high-powered CO2 laser used for removing the outer coating of wires and cables. It operates on the principle of optical absorption where light energy is transferred to the wire or cable through its metal surface, heating it up to a temperature of 2,000°C (3,600 °F). The heat causes oxidation which removes the outermost layer of coating.
YAG Laser Stripping Machine:
The YAG laser stripping machine is used for removing the paint from steel wires and cables. It uses ultra-high speed and temperature to liquefy the paint so that it can be easily removed. The laser beam used in this process has a wavelength of 10-6 meters which is highly absorbed by the chromophore present in the molecules of organic substances like oil, grease, & paints but not affect metals.
Application Insights:
The electronics 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 electronic devices across the globe. Laser wire stripping machines are widely used in electronic manufacturing plants as they help manufacturers produce high-quality products on time with reduced costs and increased efficiency.
Medical equipment is another major application segment that is expected to witness significant growth during the forecast period owing to rising investments by governments in healthcare infrastructure development along with technological advancements that improve treatment outcomes at lower costs. Companies such as Siemens Healthineers offer fully automated solutions for surgical equipment automation, which will drive demand further over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing foreign investments in the manufacturing sector. The region has witnessed significant growth in construction, automotive, electronics and medical industries over the past few years which will drive demand for laser wire stripper machines over the forecast period.
The Middle East & Africa is also anticipated to witness significant growth due to rising demand for electronic products such as cellphones and laptops along with medical equipment such as MRI scanners which uses enormous amount of laser wires per production run. In addition, growing oil & gas industry in this region will further boost product demand on account of huge requirement for drilling wells across various projects including offshore platforms, pipelines etc., thereby driving regional market growth over the forecast period.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Rising demand from the automotive industry
- Growing popularity of laser wire stripping machines among small and medium-sized enterprises (SMEs)
- Technological advancements in laser wire stripping machines
- Rising awareness about the benefits of using laser wire stripping machines
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Wire Stripping Machine Market Research Report
By Type
CO2 Laser Stripping Machine, YAG Laser Stripping Machine
By Application
Electronics, Medical, Automotive
By Companies
Spectrum Technologies, Schleuniger, Laser Wire Solutions, Metzner, Artos Engineering, Ideal Industries, Amada Miyachi, Wuhan Lingyun, Wuhan Chutian, Tianhong Laser, Spectrum Technologies, GBOS LASER, Dongguan Kaitai, Suzhou Shutian, Shenzhen Delphi
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Laser Wire Stripping Machine Market Report Segments:
The global Laser Wire Stripping Machine market is segmented on the basis of:
Types
CO2 Laser Stripping Machine, YAG Laser Stripping Machine
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
Electronics, Medical, Automotive
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:
- Spectrum Technologies
- Schleuniger
- Laser Wire Solutions
- Metzner
- Artos Engineering
- Ideal Industries
- Amada Miyachi
- Wuhan Lingyun
- Wuhan Chutian
- Tianhong Laser
- Spectrum Technologies
- GBOS LASER
- Dongguan Kaitai
- Suzhou Shutian
- Shenzhen Delphi
Highlights of The Laser Wire Stripping Machine 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:
- CO2 Laser Stripping Machine
- YAG Laser Stripping Machine
- By Application:
- Electronics
- Medical
- Automotive
- 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 Laser Wire Stripping Machine 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?
A laser wire stripping machine is a specialized piece of equipment used to strip the insulation from electrical cables. The machine uses a powerful beam of light to cut through the insulation, leaving the bare metal wires exposed.
Some of the major companies in the laser wire stripping machine market are Spectrum Technologies, Schleuniger, Laser Wire Solutions, Metzner, Artos Engineering, Ideal Industries, Amada Miyachi, Wuhan Lingyun, Wuhan Chutian, Tianhong Laser, Spectrum Technologies, GBOS LASER, Dongguan Kaitai, Suzhou Shutian, Shenzhen Delphi.
The laser wire stripping machine 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 Laser Wire Stripping Machine 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 Laser Wire Stripping Machine Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Laser Wire Stripping Machine 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 Laser Wire Stripping Machine 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 Laser Wire Stripping Machine Market Size & Forecast, 2018-2028 4.5.1 Laser Wire Stripping Machine Market Size and Y-o-Y Growth 4.5.2 Laser Wire Stripping Machine Market Absolute $ Opportunity
Chapter 5 Global Laser Wire Stripping Machine 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 Laser Wire Stripping Machine Market Size Forecast by Type
5.2.1 CO2 Laser Stripping Machine
5.2.2 YAG Laser Stripping Machine
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Laser Wire Stripping Machine 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 Laser Wire Stripping Machine Market Size Forecast by Applications
6.2.1 Electronics
6.2.2 Medical
6.2.3 Automotive
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laser Wire Stripping Machine 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 Laser Wire Stripping Machine 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 Laser Wire Stripping Machine Analysis and Forecast
9.1 Introduction
9.2 North America Laser Wire Stripping Machine 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 Laser Wire Stripping Machine Market Size Forecast by Type
9.6.1 CO2 Laser Stripping Machine
9.6.2 YAG Laser Stripping Machine
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 Laser Wire Stripping Machine Market Size Forecast by Applications
9.10.1 Electronics
9.10.2 Medical
9.10.3 Automotive
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 Laser Wire Stripping Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Laser Wire Stripping Machine 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 Laser Wire Stripping Machine Market Size Forecast by Type
10.6.1 CO2 Laser Stripping Machine
10.6.2 YAG Laser Stripping Machine
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 Laser Wire Stripping Machine Market Size Forecast by Applications
10.10.1 Electronics
10.10.2 Medical
10.10.3 Automotive
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 Laser Wire Stripping Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Laser Wire Stripping Machine 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 Laser Wire Stripping Machine Market Size Forecast by Type
11.6.1 CO2 Laser Stripping Machine
11.6.2 YAG Laser Stripping Machine
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 Laser Wire Stripping Machine Market Size Forecast by Applications
11.10.1 Electronics
11.10.2 Medical
11.10.3 Automotive
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 Laser Wire Stripping Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Laser Wire Stripping Machine 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 Laser Wire Stripping Machine Market Size Forecast by Type
12.6.1 CO2 Laser Stripping Machine
12.6.2 YAG Laser Stripping Machine
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 Laser Wire Stripping Machine Market Size Forecast by Applications
12.10.1 Electronics
12.10.2 Medical
12.10.3 Automotive
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) Laser Wire Stripping Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Laser Wire Stripping Machine 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) Laser Wire Stripping Machine Market Size Forecast by Type
13.6.1 CO2 Laser Stripping Machine
13.6.2 YAG Laser Stripping Machine
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) Laser Wire Stripping Machine Market Size Forecast by Applications
13.10.1 Electronics
13.10.2 Medical
13.10.3 Automotive
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 Laser Wire Stripping Machine Market: Competitive Dashboard
14.2 Global Laser Wire Stripping Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Spectrum Technologies
14.3.2 Schleuniger
14.3.3 Laser Wire Solutions
14.3.4 Metzner
14.3.5 Artos Engineering
14.3.6 Ideal Industries
14.3.7 Amada Miyachi
14.3.8 Wuhan Lingyun
14.3.9 Wuhan Chutian
14.3.10 Tianhong Laser
14.3.11 Spectrum Technologies
14.3.12 GBOS LASER
14.3.13 Dongguan Kaitai
14.3.14 Suzhou Shutian
14.3.15 Shenzhen Delphi