Market Overview:
The global stripping pliers 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 electrician services, motor repair, and instrument repair. Additionally, the growing demand for multi-function wire strippers is also contributing to the growth of this market. North America dominates the global stripping pliers market and is expected to continue its dominance during the forecast period.
Product Definition:
Stripping pliers are pliers that are specifically designed to strip the insulation from electrical wires. They have a built-in wire stripper that allows you to easily remove the insulation from the wire.
Adjustable End Wire Strippers:
The adjustable end wire strippers are used to cut the insulation of electric wires and cables. It is a mechanical device that has two arms, one fixed and other movable. The movable arm has various cutting blades attached to it which can be adjusted according to the size of the wire or cable. The mechanism works on an electromagnetic principle, where as soon as the power supply is applied; it cuts off both ends of a wire or cable making two clean cuts at once.
Automatic Wire Strippers:
Automatic wire strippers are used to cut the insulation from an electric wire. It is a device that uses a spring loaded mechanism to strip the insulation from an electrical cord or cable. The stripping process is done by making several cuts in the desired length of the cable and then pressing a button which launches one of many springs into action, cutting through all but about 1/4 inch of insulation until it reaches metal.
Application Insights:
The electrician application segment accounted for the largest share in 2015 and is expected to continue its dominance over the forecast period. Electricians are responsible for installing, maintaining, and repairing electrical systems in residential as well as commercial buildings. The rising need to upgrade or repair existing infrastructure has led to an increase in demand across the globe. This trend is expected to continue over the forecast period, thereby driving product demand from electrician applications alone.
In addition, strippers are used by motor repair shops on a regular basis owing to their ability of handling multiple types of wires with ease including solid core (SC), multi-core (MC) & heavy duty insulated cables (CD), thin wire & flexible cables (TC). These devices also have adjustable jaws that fit different size wires which makes them ideal for use on various vehicles such as cars, trucks etc., making it easy for technicians perform routine maintenance operations quickly and efficiently without having customers hold onto any parts during repairs.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to increasing demand for electrician tools and motor repair equipment. Asia Pacific is anticipated to be the fastest-growing regional market from 2018 to 2030 due to rapid industrialization and rising infrastructure activities in developing economies including China, India, Japan, South Korea & Taiwan. Moreover, growing awareness regarding safety during electrical work is projected favorably impact regional growth over the coming years. Stripping pliers are used for cutting wires of various types such as solid core wire (AC), multi-strand cable (power line), single strand cable (communication line) etc.
The European market also accounted for a significant share of revenue in 2017 owing with high demand from countries like Germany and U.K.
Growth Factors:
- Stripping Pliers market is driven by the increasing demand from the construction and automotive industries.
- The rising demand for electric vehicles is also expected to drive the growth of Stripping Pliers market in the near future.
- The growing popularity of DIY projects is also anticipated to boost the demand for Stripping Pliers in the coming years.
- The increasing use of advanced technologies in electrical and automotive applications is projected to fuel the growth of Stripping Pliers market in next few years.
- Growing awareness about safety measures while working with electrical wiring is likely to propelthe growth of global stripping plier market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Stripping Pliers Market Research Report
By Type
Adjustable End Wire Strippers, Automatic Wire Strippers, Multi-function Wire Strippers, Others
By Application
Electrician, Motor Repair, Instrument Repair, Other
By Companies
BOSI TOOLS, OPT, JETECH TOOL, GEM YEAR, EKF, BRITX, SATA, STANLEY, Keiba, BOSI TOOLS
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
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Stripping Pliers Market Report Segments:
The global Stripping Pliers market is segmented on the basis of:
Types
Adjustable End Wire Strippers, Automatic Wire Strippers, Multi-function Wire Strippers, Others
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
Electrician, Motor Repair, Instrument Repair, Other
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:
- BOSI TOOLS
- OPT
- JETECH TOOL
- GEM YEAR
- EKF
- BRITX
- SATA
- STANLEY
- Keiba
- BOSI TOOLS
Highlights of The Stripping Pliers 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:
- Adjustable End Wire Strippers
- Automatic Wire Strippers
- Multi-function Wire Strippers
- Others
- By Application:
- Electrician
- Motor Repair
- Instrument Repair
- Other
- 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 Stripping Pliers 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?
Stripping pliers are a type of tool used to remove material, such as wire or plastic, from objects. They typically have two curved jaws that fit around the object and are squeezed together to pull it away.
Some of the major companies in the stripping pliers market are BOSI TOOLS, OPT, JETECH TOOL, GEM YEAR, EKF, BRITX, SATA, STANLEY, Keiba, BOSI TOOLS.
The stripping pliers 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 Stripping Pliers 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 Stripping Pliers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Stripping Pliers 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 Stripping Pliers 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 Stripping Pliers Market Size & Forecast, 2020-2028
4.5.1 Stripping Pliers Market Size and Y-o-Y Growth
4.5.2 Stripping Pliers 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 Adjustable End Wire Strippers
5.2.2 Automatic Wire Strippers
5.2.3 Multi-function Wire Strippers
5.2.4 Others
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 Electrician
6.2.2 Motor Repair
6.2.3 Instrument Repair
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stripping Pliers 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 Stripping Pliers 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 Adjustable End Wire Strippers
9.6.2 Automatic Wire Strippers
9.6.3 Multi-function Wire Strippers
9.6.4 Others
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 Electrician
9.10.2 Motor Repair
9.10.3 Instrument Repair
9.10.4 Other
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 Adjustable End Wire Strippers
10.6.2 Automatic Wire Strippers
10.6.3 Multi-function Wire Strippers
10.6.4 Others
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 Electrician
10.10.2 Motor Repair
10.10.3 Instrument Repair
10.10.4 Other
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 Adjustable End Wire Strippers
11.6.2 Automatic Wire Strippers
11.6.3 Multi-function Wire Strippers
11.6.4 Others
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 Electrician
11.10.2 Motor Repair
11.10.3 Instrument Repair
11.10.4 Other
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 Adjustable End Wire Strippers
12.6.2 Automatic Wire Strippers
12.6.3 Multi-function Wire Strippers
12.6.4 Others
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 Electrician
12.10.2 Motor Repair
12.10.3 Instrument Repair
12.10.4 Other
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 Adjustable End Wire Strippers
13.6.2 Automatic Wire Strippers
13.6.3 Multi-function Wire Strippers
13.6.4 Others
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 Electrician
13.10.2 Motor Repair
13.10.3 Instrument Repair
13.10.4 Other
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 Stripping Pliers Market: Competitive Dashboard
14.2 Global Stripping Pliers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BOSI TOOLS
14.3.2 OPT
14.3.3 JETECH TOOL
14.3.4 GEM YEAR
14.3.5 EKF
14.3.6 BRITX
14.3.7 SATA
14.3.8 STANLEY
14.3.9 Keiba
14.3.10 BOSI TOOLS
