Market Overview:
The global wire crimping 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 automobiles and manufacturing products, and the rising adoption of wire crimping machines in other applications. Based on type, the global wire crimping machine market can be segmented into fully automatic wire crimping machines and semi-automatic wire crimping machines. The fully automatic segment is expected to account for a larger share of the market than the semi-automatic segment during the forecast period. This can be attributed to their high efficiency and accuracy in performing tasks as compared to semi-automatic machines. Based on application, the global wire crimping machine market can be divided into automotive, manufacturing, and other applications.
Product Definition:
Wire Crimping Machine is used to crimp the wire. It is a very important tool in wiring.
Fully Automatic Wire Crimping Machine:
Fully automatic wire crimping machine is used for making a large number of connections in power supply network. It makes use of two metal wires and produces an electrical connection with the help of pliers, which are then attached to the desired cable. Fully automatic wirecrimping machines can produce up to 1,000 connections per minute and have high repeatability owing to their ability to make identicalcrimps every time.
Semi-automatic Wire Crimping Machine:
A semi-automatic wire crimping machine is a device used for making connections in electric circuits. It is also known as automatic wire connector machine and it's used for making electrical contact with different types of wires. Semi-automatic wire crimping machines are widely used in the manufacturing sector, commercial sectors, residential sectors and other industrial sectors. They are available in different sizes and shapes to cater to varied applications depending on the area of installation, number of floors etc.
Application Insights:
Automotive application segment accounted for the largest share in 2017 and is projected to expand at a steady CAGR over the forecast period. Automobiles are manufactured with increasing automation, which requires wires of various sizes for different components. Fully automatic wire crimping machine is used tocrimp all types of wires including thick, thin, small-gauge and large-gauge. The use of fully automatic wire crimping machines results in high production cost as compared to semi-automatic or manual crimping machines; however, increasing demand for vehicles coupled with technological advancements is expected to drive the market growth over the coming years.
Manufacturing application segment was valued at USD 281.1 million in 2018 owing to rising demand from end users such as construction equipment manufacturers.
Regional Analysis:
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, according to a 2017 United Nations Conference on Trade and Development (UNCTAD) publication titled Trends in Foreign Direct Investment (FDI), Asia Pacific recorded the highest FDI inflows of USD X billion during 2016-2017 period. This high level of FDI injection is anticipated to create numerous opportunities for wire crimping machine manufacturers over the next eight years.
The market in Europe accounted for a significant share owing to presence of major automobile manufacturers such as Daimler AG; Mercedes Benz; BMW AG; Volkswagen Group; Fiat Chrysler Automobiles N.V.; Ferrari S.pA.; Alfa Romeo Sistemi Generali SpA; Aston Martin Lagonda Limited Edition Five Hundredths model year 2015); Volvo Car Corporation).
Growth Factors:
- Increasing demand for wire crimping machines from the automotive and electrical industries
- Growing popularity of automated wire crimping machines
- Rising demand for miniaturized and lightweight wire crimping machines
- Proliferation of wireless technologies and their increasing adoption in various applications
- Growing investments in research and development activities to develop new and innovative wire crimping machines
Scope Of The Report
Report Attributes
Report Details
Report Title
Wire Crimping Machine Market Research Report
By Type
Fully Automatic Wire Crimping Machine, Semi-automatic Wire Crimping Machine
By Application
Automobile, Manufacturing, Other
By Companies
Kingsing, Schleuniger, Komax Wire, TE Connectivity
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
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Wire Crimping Machine Market Report Segments:
The global Wire Crimping Machine market is segmented on the basis of:
Types
Fully Automatic Wire Crimping Machine, Semi-automatic Wire Crimping 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
Automobile, Manufacturing, 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:
- Kingsing
- Schleuniger
- Komax Wire
- TE Connectivity
Highlights of The Wire Crimping 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:
- Fully Automatic Wire Crimping Machine
- Semi-automatic Wire Crimping Machine
- By Application:
- Automobile
- Manufacturing
- 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 Wire Crimping 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?
Wire crimping machine is a specialised tool used to join wires together. It has a number of different jaws that grip the wire and squeeze it together, forming a secure connection.
Some of the major players in the wire crimping machine market are Kingsing, Schleuniger, Komax Wire, TE Connectivity.
The wire crimping 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 Wire Crimping 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 Wire Crimping Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wire Crimping 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 Wire Crimping 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 Wire Crimping Machine Market Size & Forecast, 2020-2028
4.5.1 Wire Crimping Machine Market Size and Y-o-Y Growth
4.5.2 Wire Crimping Machine 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 Fully Automatic Wire Crimping Machine
5.2.2 Semi-automatic Wire Crimping Machine
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 Automobile
6.2.2 Manufacturing
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wire Crimping 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 Wire Crimping 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 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 Fully Automatic Wire Crimping Machine
9.6.2 Semi-automatic Wire Crimping 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 Market Size Forecast by Applications
9.10.1 Automobile
9.10.2 Manufacturing
9.10.3 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 Fully Automatic Wire Crimping Machine
10.6.2 Semi-automatic Wire Crimping 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 Market Size Forecast by Applications
10.10.1 Automobile
10.10.2 Manufacturing
10.10.3 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 Fully Automatic Wire Crimping Machine
11.6.2 Semi-automatic Wire Crimping 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 Market Size Forecast by Applications
11.10.1 Automobile
11.10.2 Manufacturing
11.10.3 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 Fully Automatic Wire Crimping Machine
12.6.2 Semi-automatic Wire Crimping 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 Market Size Forecast by Applications
12.10.1 Automobile
12.10.2 Manufacturing
12.10.3 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 Fully Automatic Wire Crimping Machine
13.6.2 Semi-automatic Wire Crimping 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) Market Size Forecast by Applications
13.10.1 Automobile
13.10.2 Manufacturing
13.10.3 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 Wire Crimping Machine Market: Competitive Dashboard
14.2 Global Wire Crimping Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kingsing
14.3.2 Schleuniger
14.3.3 Komax Wire
14.3.4 TE Connectivity
