Market Overview:
The global strip winding machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for strip winding machines from various end-use industries, such as industrial, aircraft, automotive and others. Additionally, the increasing adoption of fully-automatic type strip winding machines is also contributing to the growth of this market. However, factors such as high installation and maintenance costs may restrain the growth of this market during the forecast period.
Product Definition:
A strip winding machine is a machine used to wind thin strips of metal, plastic, paper or other materials into coils. The importance of a strip winding machine is that it can produce precise coils with consistent size and shape. This is important for many industrial applications where consistency is key.
Semi-automatic Type:
Semi-automatic type is a mechanical device used to wind strip material onto a form. It is different from automatic type as it requires manual operation during the winding process.
The semi-automatic type segment has witnessed significant growth in recent years owing to its increasing demand in emerging economies of Asia Pacific and Latin America, where labor costs are low and manufacturing cost also remains low due to less machinery cost involved.
Fully-automatic Type:
Fully-automatic type is used in the market for strip winding machine. It's a fully automatic device which can produce high volume of wound up spool and it requires minimum manual labor to run this equipment. Fully-automatic machines are also known as line wrapping machines, they wrap a long length of wire around a cylinder or log form many times faster than an average person can do it by hand.
Application Insights:
The industrial segment dominated the global strip winding machine market in terms of revenue in 2017. The application of these machines is increasing owing to their ability to handle large volume with high efficiency. Moreover, they are used for wrapping and packaging various products such as electrical equipment, consumer goods, medical devices and other mechanical components.
Automotive was the fastest growing segment over the forecast period owing to increase in production levels globally coupled with rising demand for vehicles including sports cars, luxury cars and commercial vehicles among others. Increasing use of electric motors has resulted in increased demand for windings on a spooling machine across several industries such as automotive and electronics which is expected to drive growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing industrialization and rising foreign investments in countries such as China, India, Japan, and South Korea. Moreover, growing automotive production in these regions will drive demand for automatic winding machines over the next eight years.
The fully-automatic type of machine has gained significant popularity across several end-use industries due to its high efficiency and accuracy while performing multiple operations simultaneously.
North America held a substantial share of global market revenue owing to early adoption of strip winding machines by manufacturers operating within this region coupled with their widespread usage across various applications including aerospace & defense industry for producing aircraft parts along with other components such as spoilers, flaps etc.; motor vehicle interior decoration using seat covers; medical equipment & devices; consumer goods packaging among others).
Growth Factors:
- Increasing demand from the automotive and electrical industries for high-quality strip winding machines
- Growing popularity of automated machines that can reduce labor costs and improve efficiency
- Advances in technology that allow for more customization and precision in strip winding
- Rising demand from developing countries as their economies grow and industrialize
- Growing awareness of the benefits of using strip winding machines over traditional methods
Scope Of The Report
Report Attributes
Report Details
Report Title
Strip Winding Machine Market Research Report
By Type
Semi-automatic Type, Fully-automatic Type
By Application
Industrial, Aircraft, Automotive, Others
By Companies
Lapp GmbH, Acme Mechatronics Inc., KONŠTRUKTA-TireTech, Nantong ACE Welding Co.,Ltd., VMI Group, Plastsea, KraussMaffei, Paramount Conductors Ltd, WYKO, Habicht & Heuser GmbH & Co. KG
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
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Strip Winding Machine Market Report Segments:
The global Strip Winding Machine market is segmented on the basis of:
Types
Semi-automatic Type, Fully-automatic 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
Industrial, Aircraft, Automotive, 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:
- Lapp GmbH
- Acme Mechatronics Inc.
- KONŠTRUKTA-TireTech
- Nantong ACE Welding Co.,Ltd.
- VMI Group
- Plastsea
- KraussMaffei
- Paramount Conductors Ltd
- WYKO
- Habicht & Heuser GmbH & Co. KG
Highlights of The Strip Winding 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:
- Semi-automatic Type
- Fully-automatic Type
- By Application:
- Industrial
- Aircraft
- Automotive
- 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 Strip Winding 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 strip winding machine is a type of industrial machinery used to wind strips of metal or plastic into coils.
Some of the major players in the strip winding machine market are Lapp GmbH, Acme Mechatronics Inc., KONÅ TRUKTA-TireTech, Nantong ACE Welding Co.,Ltd., VMI Group, Plastsea, KraussMaffei, Paramount Conductors Ltd, WYKO, Habicht & Heuser GmbH & Co. KG.
The strip winding machine market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Strip Winding 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 Strip Winding Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Strip Winding 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 Strip Winding 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 Strip Winding Machine Market Size & Forecast, 2018-2028
4.5.1 Strip Winding Machine Market Size and Y-o-Y Growth
4.5.2 Strip Winding Machine Market Absolute $ Opportunity
Chapter 5 Global Strip Winding 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 Strip Winding Machine Market Size Forecast by Type
5.2.1 Semi-automatic Type
5.2.2 Fully-automatic Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Strip Winding 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 Strip Winding Machine Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Aircraft
6.2.3 Automotive
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Strip Winding 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 Strip Winding 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 Strip Winding Machine Analysis and Forecast
9.1 Introduction
9.2 North America Strip Winding 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 Strip Winding Machine Market Size Forecast by Type
9.6.1 Semi-automatic Type
9.6.2 Fully-automatic 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 Strip Winding Machine Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Aircraft
9.10.3 Automotive
9.10.4 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 Strip Winding Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Strip Winding 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 Strip Winding Machine Market Size Forecast by Type
10.6.1 Semi-automatic Type
10.6.2 Fully-automatic 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 Strip Winding Machine Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Aircraft
10.10.3 Automotive
10.10.4 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 Strip Winding Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Strip Winding 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 Strip Winding Machine Market Size Forecast by Type
11.6.1 Semi-automatic Type
11.6.2 Fully-automatic 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 Strip Winding Machine Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Aircraft
11.10.3 Automotive
11.10.4 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 Strip Winding Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Strip Winding 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 Strip Winding Machine Market Size Forecast by Type
12.6.1 Semi-automatic Type
12.6.2 Fully-automatic 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 Strip Winding Machine Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Aircraft
12.10.3 Automotive
12.10.4 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) Strip Winding Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Strip Winding 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) Strip Winding Machine Market Size Forecast by Type
13.6.1 Semi-automatic Type
13.6.2 Fully-automatic 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) Strip Winding Machine Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Aircraft
13.10.3 Automotive
13.10.4 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 Strip Winding Machine Market: Competitive Dashboard
14.2 Global Strip Winding Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lapp GmbH
14.3.2 Acme Mechatronics Inc.
14.3.3 KONŠTRUKTA-TireTech
14.3.4 Nantong ACE Welding Co.,Ltd.
14.3.5 VMI Group
14.3.6 Plastsea
14.3.7 KraussMaffei
14.3.8 Paramount Conductors Ltd
14.3.9 WYKO
14.3.10 Habicht & Heuser GmbH & Co. KG
