Market Overview:
The global wire processing system 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 processing systems from the automotive and communication sectors. Additionally, the growing demand for these systems in emerging economies is also contributing to the growth of this market. However, fluctuations in raw material prices may hamper the growth of this market during the forecast period.
Product Definition:
Wire processing system is a machine that processes wire. It can be used to cut wire, bend wire, and crimp wire. The importance of a wire processing system is that it allows you to quickly and easily create custom wires for your project.
Wire Cutting Machine:
Wire cutting machine is used in the manufacturing industries for removing wires from raw materials or other processed products. It is also known as snipping machine, wire shears, or wire cutters. The product has applications in several end-use industries such as construction, automotive & transportation and electrical & electronics among others.
The global market for wire cutting machines was valued at USD 1.6 billion in 2016.
Wire Stripping Machine:
Wire stripping machine is used to remove the insulation from the wires. It is a mechanical device that strips away the insulation from various types of electrical wires, including aluminum, copper & steel. The stripping process involves cutting off or grinding down the excess wire and leaving only a small amount of metal showing at each end.
Application Insights:
Automotive application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The rising demand for automotive wires and cables from various end-use industries including electrical, electronics, medical equipment, etc., is expected to drive the industry growth over the coming years.
Wire processing systems are used in several applications such as automotive (wires & cables), consumer goods (electronics), energy & power transmission (power lines & cables) among others.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing demand for wire processing machines from various end-use industries in countries such as China, India, Japan and South Korea. Rapid industrialization coupled with government initiatives aimed at promoting manufacturing activities in these economies is anticipated to drive regional market growth.
The Asia Pacific was followed by Europe which accounted for a revenue share of more than 20% in 2017 owing to high demand from several major automotive manufacturers located across Germany, France and Italy among other Eastern and Central European countries that have adopted the Euro currency since January 1st 2015. North America also had a significant share of global revenue due to high consumption levels from U.S.
Growth Factors:
- Increasing demand for wire processing systems from the automotive and aerospace industries
- Rising demand for high-speed wire processing systems
- Growing popularity of automated wire processing systems
- Proliferation of microelectronics and nanotechnology industries
- Increasing investments in research and development activities
Scope Of The Report
Report Attributes
Report Details
Report Title
Wire Processing System Market Research Report
By Type
Wire Cutting Machine, Wire Stripping Machine, Wire Crimping Machine
By Application
Automotive, Communication sector, Others
By Companies
Schleuniger Group, Rittal GmbH?Co. KG, MarVac Assemblies, ARTOS, ShinMaywa Industries, THB, TE Connectivity, Daumak
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Wire Processing System Market Report Segments:
The global Wire Processing System market is segmented on the basis of:
Types
Wire Cutting Machine, Wire Stripping Machine, 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
Automotive, Communication sector, 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:
- Schleuniger Group
- Rittal GmbH?Co. KG
- MarVac Assemblies
- ARTOS
- ShinMaywa Industries
- THB
- TE Connectivity
- Daumak
Highlights of The Wire Processing System 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:
- Wire Cutting Machine
- Wire Stripping Machine
- Wire Crimping Machine
- By Application:
- Automotive
- Communication sector
- 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 Processing System 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 processing system is a type of industrial control system that uses electric wires to transmit information.
Some of the major players in the wire processing system market are Schleuniger Group, Rittal GmbH?Co. KG, MarVac Assemblies, ARTOS, ShinMaywa Industries, THB, TE Connectivity, Daumak.
The wire processing system market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wire Processing System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Wire Processing System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wire Processing System Market - Supply Chain
4.5. Global Wire Processing System Market Forecast
4.5.1. Wire Processing System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wire Processing System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wire Processing System Market Absolute $ Opportunity
5. Global Wire Processing System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Wire Processing System Market Size and Volume Forecast by Type
5.3.1. Wire Cutting Machine
5.3.2. Wire Stripping Machine
5.3.3. Wire Crimping Machine
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wire Processing System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Wire Processing System Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Communication sector
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wire Processing System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Wire Processing System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Wire Processing System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Wire Processing System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Wire Processing System Demand Share Forecast, 2019-2029
9. North America Wire Processing System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Wire Processing System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Wire Processing System Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Communication sector
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wire Processing System Market Size and Volume Forecast by Type
9.7.1. Wire Cutting Machine
9.7.2. Wire Stripping Machine
9.7.3. Wire Crimping Machine
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Wire Processing System Demand Share Forecast, 2019-2029
10. Latin America Wire Processing System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Wire Processing System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Wire Processing System Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Communication sector
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wire Processing System Market Size and Volume Forecast by Type
10.7.1. Wire Cutting Machine
10.7.2. Wire Stripping Machine
10.7.3. Wire Crimping Machine
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Wire Processing System Demand Share Forecast, 2019-2029
11. Europe Wire Processing System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Wire Processing System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Wire Processing System Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Communication sector
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wire Processing System Market Size and Volume Forecast by Type
11.7.1. Wire Cutting Machine
11.7.2. Wire Stripping Machine
11.7.3. Wire Crimping Machine
11.8. Basis Point Share (BPS) Anaysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Wire Processing System Demand Share, 2019-2029
12. Asia Pacific Wire Processing System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Wire Processing System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Wire Processing System Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Communication sector
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wire Processing System Market Size and Volume Forecast by Type
12.7.1. Wire Cutting Machine
12.7.2. Wire Stripping Machine
12.7.3. Wire Crimping Machine
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Wire Processing System Demand Share, 2019-2029
13. Middle East & Africa Wire Processing System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Wire Processing System Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Wire Processing System Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Communication sector
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wire Processing System Market Size and Volume Forecast by Type
13.7.1. Wire Cutting Machine
13.7.2. Wire Stripping Machine
13.7.3. Wire Crimping Machine
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Wire Processing System Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Wire Processing System Market: Market Share Analysis
14.2. Wire Processing System Distributors and Customers
14.3. Wire Processing System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Schleuniger Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Rittal GmbH?Co. KG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. MarVac Assemblies
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ARTOS
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ShinMaywa Industries
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. THB
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. TE Connectivity
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Daumak
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook