Market Overview:
The global wire cutter market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for wire cutters in electrical, communications, construction, and other applications. Additionally, the growing demand for miniaturized and lightweight wire cutters is also contributing to the growth of this market. Based on type, the global wire cutter market can be segmented into lineman's wire cutters, locking wire cutters, needle nose wire cutter, diagonal cutting Wire Cutters round nose Wire Cutters . Locking Wire Cutters are expected to witness highest growth during the forecast period owing to their ability to provide a strong grip on wires and cables. Based on application ,the globalwire cuttermarket can be segmented into electrical wiring & installation,,communications,,construction,,and others including defense & aerospace,.
Product Definition:
A wire cutter is a tool used to cut wires. It is often used by electricians, mechanics, and other professionals who work with wires.
Lineman's Wire Cutters:
A lineman's wire cutters is a tool that consists of an insulated handle and two blades connected by a flexible cable. The device is used to cut the insulation from telephone wires. It also has applications in electrical power transmission lines, electric utility poles, telegraph and telecommunication lines as well as some other high tension cables.
Locking Wire Cutters:
Locking wire cutters are designed to cut wires that are either in tension or already been released from a source. Locking wirecutters comprise of two blades, one of which is fixed and the other can be moved up and down to engage the cutting mechanism. The movement of the second blade is controlled by a trigger mechanism, which when activated causes it to spring into action and cuts the desired wires.
Application Insights:
The construction application segment led the global wire cutter market in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to an increase in demand for steel and concrete across various regions, including Asia Pacific and Middle East & Africa. Moreover, growth of the construction industry on account of increasing residential & commercial constructions is expected to drive product demand over the coming years.
The electrical application segment accounted for more than 20% share of total revenue in 2017 due to high usage rate electricians during installations or repairs works related to power lines or cables across various regions including North America and Europe.
Regional Analysis:
Asia Pacific dominated the global wire cutter market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for electrical and communication equipment, especially in China, India, South Korea, Taiwan among other countries. Moreover, rising construction activities coupled with growing infrastructure spending by various governments across Asia Pacific are likely to drive product demand over the next eight years.
The Europe market was valued at USD X million in 2017 owing to high demand from several industries including manufacturing/automotive/ aerospace & defense (MAD), construction & architecture along with others such as medical & healthcare industry that use wires extensively for their operations and maintenance procedures which will drive product adoption over the forecast period.
Growth Factors:
- Increasing demand for wire cutters in the automotive and aerospace industries due to the growing popularity of electric vehicles and aircrafts.
- Rising demand for wire cutters from construction and manufacturing companies due to the increasing infrastructure development activities across the globe.
- Growing use of wire cutters in electrical and electronics applications owing to their high precision and accuracy levels.
- Increasing adoption of wire cutters in medical applications for performing delicate surgeries owing to their precise cutting capabilities.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wire Cutter Market Research Report
By Type
Lineman's Wire Cutters, Locking Wire Cutters, Needle Nose Wire Cutter, Diagonal Cutting Wire Cutters, Round Nose Wire Cutters
By Application
Electrical, Communications, Construction, Others
By Companies
Rothenberger, Akar Tools, Snap-On Incorporated, Stanley Black and Decker, Techtronic Industries, Wera Tools, Apex Tool Group, Klein Tools, Channellock, JCBL, Emerson Electric, Wire Belt Company of America
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
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Wire Cutter Market Report Segments:
The global Wire Cutter market is segmented on the basis of:
Types
Lineman's Wire Cutters, Locking Wire Cutters, Needle Nose Wire Cutter, Diagonal Cutting Wire Cutters, Round Nose Wire Cutters
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
Electrical, Communications, Construction, 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:
- Rothenberger
- Akar Tools
- Snap-On Incorporated
- Stanley Black and Decker
- Techtronic Industries
- Wera Tools
- Apex Tool Group
- Klein Tools
- Channellock
- JCBL
- Emerson Electric
- Wire Belt Company of America
Highlights of The Wire Cutter 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:
- Lineman's Wire Cutters
- Locking Wire Cutters
- Needle Nose Wire Cutter
- Diagonal Cutting Wire Cutters
- Round Nose Wire Cutters
- By Application:
- Electrical
- Communications
- Construction
- 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 Wire Cutter 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
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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 Cutter is a tool that is used to cut wire.
Some of the key players operating in the wire cutter market are Rothenberger, Akar Tools, Snap-On Incorporated, Stanley Black and Decker, Techtronic Industries, Wera Tools, Apex Tool Group, Klein Tools, Channellock, JCBL, Emerson Electric, Wire Belt Company of America.
The wire cutter 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 Cutter 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 Cutter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wire Cutter 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 Cutter 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 Cutter Market Size & Forecast, 2018-2028
4.5.1 Wire Cutter Market Size and Y-o-Y Growth
4.5.2 Wire Cutter Market Absolute $ Opportunity
Chapter 5 Global Wire Cutter 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 Wire Cutter Market Size Forecast by Type
5.2.1 Lineman's Wire Cutters
5.2.2 Locking Wire Cutters
5.2.3 Needle Nose Wire Cutter
5.2.4 Diagonal Cutting Wire Cutters
5.2.5 Round Nose Wire Cutters
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wire Cutter 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 Wire Cutter Market Size Forecast by Applications
6.2.1 Electrical
6.2.2 Communications
6.2.3 Construction
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wire Cutter 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 Cutter 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 Wire Cutter Analysis and Forecast
9.1 Introduction
9.2 North America Wire Cutter 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 Wire Cutter Market Size Forecast by Type
9.6.1 Lineman's Wire Cutters
9.6.2 Locking Wire Cutters
9.6.3 Needle Nose Wire Cutter
9.6.4 Diagonal Cutting Wire Cutters
9.6.5 Round Nose Wire Cutters
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 Wire Cutter Market Size Forecast by Applications
9.10.1 Electrical
9.10.2 Communications
9.10.3 Construction
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 Wire Cutter Analysis and Forecast
10.1 Introduction
10.2 Europe Wire Cutter 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 Wire Cutter Market Size Forecast by Type
10.6.1 Lineman's Wire Cutters
10.6.2 Locking Wire Cutters
10.6.3 Needle Nose Wire Cutter
10.6.4 Diagonal Cutting Wire Cutters
10.6.5 Round Nose Wire Cutters
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 Wire Cutter Market Size Forecast by Applications
10.10.1 Electrical
10.10.2 Communications
10.10.3 Construction
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 Wire Cutter Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wire Cutter 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 Wire Cutter Market Size Forecast by Type
11.6.1 Lineman's Wire Cutters
11.6.2 Locking Wire Cutters
11.6.3 Needle Nose Wire Cutter
11.6.4 Diagonal Cutting Wire Cutters
11.6.5 Round Nose Wire Cutters
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 Wire Cutter Market Size Forecast by Applications
11.10.1 Electrical
11.10.2 Communications
11.10.3 Construction
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 Wire Cutter Analysis and Forecast
12.1 Introduction
12.2 Latin America Wire Cutter 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 Wire Cutter Market Size Forecast by Type
12.6.1 Lineman's Wire Cutters
12.6.2 Locking Wire Cutters
12.6.3 Needle Nose Wire Cutter
12.6.4 Diagonal Cutting Wire Cutters
12.6.5 Round Nose Wire Cutters
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 Wire Cutter Market Size Forecast by Applications
12.10.1 Electrical
12.10.2 Communications
12.10.3 Construction
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) Wire Cutter Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wire Cutter 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) Wire Cutter Market Size Forecast by Type
13.6.1 Lineman's Wire Cutters
13.6.2 Locking Wire Cutters
13.6.3 Needle Nose Wire Cutter
13.6.4 Diagonal Cutting Wire Cutters
13.6.5 Round Nose Wire Cutters
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) Wire Cutter Market Size Forecast by Applications
13.10.1 Electrical
13.10.2 Communications
13.10.3 Construction
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 Wire Cutter Market: Competitive Dashboard
14.2 Global Wire Cutter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Rothenberger
14.3.2 Akar Tools
14.3.3 Snap-On Incorporated
14.3.4 Stanley Black and Decker
14.3.5 Techtronic Industries
14.3.6 Wera Tools
14.3.7 Apex Tool Group
14.3.8 Klein Tools
14.3.9 Channellock
14.3.10 JCBL
14.3.11 Emerson Electric
14.3.12 Wire Belt Company of America
