Market Overview:
The global wire rope swagers 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 wire rope swagers in various applications, such as mining, power & energy, oil & gas flange, civil infrastructure and others. Additionally, the growing demand for wire rope swagers from emerging economies is also contributing to the growth of this market.
Product Definition:
Wire rope swagers are tools that are used to crimp the ends of wire ropes together. This helps to keep the ropes together and makes them stronger.
Small Swagers:
Small swagers are used in wire rope swager to provide leverage to the operator. It is a mechanical advantage device that increases the force that can be applied by muscles of an individual. Small swagers are also known as weight lifting gloves, Olympic gloves or small handgrip tools. They have a wide application in construction, mining and manufacturing industries for handling heavy materials and equipment respectively with ease and efficiency.
Medium Swagers:
Medium swagers are used in wire rope swagers for handling heavy loads. They have a larger grip and leverage than small swagers, which enables them to exert more force with fewer movements. This results in increased efficiency while performing the task at hand, thereby enhancing productivity.
Application Insights:
The global wire rope swagers market is segmented on the basis of application into mining, power & energy, oil & gas flange, civil infrastructure and others. The mining application segment accounted for a major share in 2017 owing to the increasing demand for coal and other metals across various regions including Asia Pacific. Moreover, growth in the manufacturing sector of China and India as well as that of other emerging economies is expected to boost product demand over the forecast period.
The power & energy application segment is anticipated to witness significant growth over the forecast period due to rising investments by governments worldwide in developing renewable sources such as wind energy along with fossil fuels such as coal and petroleum products like natural gas.
Regional Analysis:
Asia Pacific dominated the global wire rope swagers market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of construction and mining companies, which have resulted in high demand for wire rope swagers. China, India, Japan, South Korea are some of the prominent markets that can be attributed to regional growth.
The Asia Pacific is also home to several emerging economies such as Indonesia and Malaysia that are witnessing strong economic growth due to increasing foreign investments coupled with rising industrial activities across various sectors including manufacturing, oil & gas sector among others. These factors are anticipated to drive product demand over the forecast period.
Growth Factors:
- Increasing demand for wire rope swagers from the construction and manufacturing industries as a result of the growth in these sectors.
- The increasing use of wire rope swagers in cable assemblies and other end-use applications owing to their superior performance characteristics over traditional fastening methods.
- Growing popularity of wire rope swagers among DIY enthusiasts and hobbyists for various rigging, lifting, and anchoring applications.
- Technological advancements that have led to the development of more efficient and user-friendly wire rope swagers, thereby widening their adoption across different industries.
- Rising awareness about the benefits of using wire rope swagers over traditional fastening methods, which is likely to boost demand for these devices in the coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Wire Rope Swagers Market Research Report
By Type
Small Swagers, Medium Swagers, Large Swagers
By Application
Mining, Power & Energy, Oil & Gas Flange, Civil Infrastructure, Others
By Companies
Talurit, SAHM SPLICE GmbH, PROMEC, ARM SANGYO, Loos&Co, Specialized Force, Assembly Specialty Products, Taizhou Taicheng Hydraulic Machinery, Taizhou Dingli Machanics Tools, HeBei Chenli Rigging Manufacturing, zhongjie Hydraulic Machinery, Soly, Qitong Rigging Equipment, Feiyao
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
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Wire Rope Swagers Market Report Segments:
The global Wire Rope Swagers market is segmented on the basis of:
Types
Small Swagers, Medium Swagers, Large Swagers
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
Mining, Power & Energy, Oil & Gas Flange, Civil Infrastructure, 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:
- Talurit
- SAHM SPLICE GmbH
- PROMEC
- ARM SANGYO
- Loos&Co
- Specialized Force
- Assembly Specialty Products
- Taizhou Taicheng Hydraulic Machinery
- Taizhou Dingli Machanics Tools
- HeBei Chenli Rigging Manufacturing
- zhongjie Hydraulic Machinery
- Soly
- Qitong Rigging Equipment
- Feiyao
Highlights of The Wire Rope Swagers 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:
- Small Swagers
- Medium Swagers
- Large Swagers
- By Application:
- Mining
- Power & Energy
- Oil & Gas Flange
- Civil Infrastructure
- 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 Rope Swagers 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.
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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 rope swagers are a type of hand tool used to cut wire rope. They have a pair of sharp blades that rotate around a central shaft. The blades cut the wire rope, and the handle allows you to control how deep the cuts go.
Some of the key players operating in the wire rope swagers market are Talurit, SAHM SPLICE GmbH, PROMEC, ARM SANGYO, Loos&Co, Specialized Force, Assembly Specialty Products, Taizhou Taicheng Hydraulic Machinery, Taizhou Dingli Machanics Tools, HeBei Chenli Rigging Manufacturing, zhongjie Hydraulic Machinery, Soly, Qitong Rigging Equipment, Feiyao.
The wire rope swagers 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 Rope Swagers 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 Rope Swagers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Wire Rope Swagers 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 Rope Swagers 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 Rope Swagers Market Size & Forecast, 2018-2028 4.5.1 Wire Rope Swagers Market Size and Y-o-Y Growth 4.5.2 Wire Rope Swagers Market Absolute $ Opportunity
Chapter 5 Global Wire Rope Swagers 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 Rope Swagers Market Size Forecast by Type
5.2.1 Small Swagers
5.2.2 Medium Swagers
5.2.3 Large Swagers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wire Rope Swagers 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 Rope Swagers Market Size Forecast by Applications
6.2.1 Mining
6.2.2 Power & Energy
6.2.3 Oil & Gas Flange
6.2.4 Civil Infrastructure
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wire Rope Swagers 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 Rope Swagers 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 Rope Swagers Analysis and Forecast
9.1 Introduction
9.2 North America Wire Rope Swagers 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 Rope Swagers Market Size Forecast by Type
9.6.1 Small Swagers
9.6.2 Medium Swagers
9.6.3 Large Swagers
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 Rope Swagers Market Size Forecast by Applications
9.10.1 Mining
9.10.2 Power & Energy
9.10.3 Oil & Gas Flange
9.10.4 Civil Infrastructure
9.10.5 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 Rope Swagers Analysis and Forecast
10.1 Introduction
10.2 Europe Wire Rope Swagers 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 Rope Swagers Market Size Forecast by Type
10.6.1 Small Swagers
10.6.2 Medium Swagers
10.6.3 Large Swagers
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 Rope Swagers Market Size Forecast by Applications
10.10.1 Mining
10.10.2 Power & Energy
10.10.3 Oil & Gas Flange
10.10.4 Civil Infrastructure
10.10.5 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 Rope Swagers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wire Rope Swagers 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 Rope Swagers Market Size Forecast by Type
11.6.1 Small Swagers
11.6.2 Medium Swagers
11.6.3 Large Swagers
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 Rope Swagers Market Size Forecast by Applications
11.10.1 Mining
11.10.2 Power & Energy
11.10.3 Oil & Gas Flange
11.10.4 Civil Infrastructure
11.10.5 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 Rope Swagers Analysis and Forecast
12.1 Introduction
12.2 Latin America Wire Rope Swagers 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 Rope Swagers Market Size Forecast by Type
12.6.1 Small Swagers
12.6.2 Medium Swagers
12.6.3 Large Swagers
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 Rope Swagers Market Size Forecast by Applications
12.10.1 Mining
12.10.2 Power & Energy
12.10.3 Oil & Gas Flange
12.10.4 Civil Infrastructure
12.10.5 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 Rope Swagers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wire Rope Swagers 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 Rope Swagers Market Size Forecast by Type
13.6.1 Small Swagers
13.6.2 Medium Swagers
13.6.3 Large Swagers
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 Rope Swagers Market Size Forecast by Applications
13.10.1 Mining
13.10.2 Power & Energy
13.10.3 Oil & Gas Flange
13.10.4 Civil Infrastructure
13.10.5 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 Rope Swagers Market: Competitive Dashboard
14.2 Global Wire Rope Swagers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Talurit
14.3.2 SAHM SPLICE GmbH
14.3.3 PROMEC
14.3.4 ARM SANGYO
14.3.5 Loos&Co
14.3.6 Specialized Force
14.3.7 Assembly Specialty Products
14.3.8 Taizhou Taicheng Hydraulic Machinery
14.3.9 Taizhou Dingli Machanics Tools
14.3.10 HeBei Chenli Rigging Manufacturing
14.3.11 zhongjie Hydraulic Machinery
14.3.12 Soly
14.3.13 Qitong Rigging Equipment
14.3.14 Feiyao