Market Overview:
The global wire strippers 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 wire strippers from various applications, such as personal dedicated, factory, and others. Additionally, the increasing demand for automatic and multi-function wire strippers is also contributing to the growth of this market. Based on type, the global wire strippers market can be segmented into adjustable end wire strippers, automatic wire strippers, multi-function Wire StripperS., and others. The adjustable endwire stripers segment is expected to hold a major share of this market duringthe forecast period owingto its high flexibilityand easeof use.
Product Definition:
Wire strippers are tools used to strip the insulation from electrical wires. This is often done when installing or repairing electrical wiring. Wire strippers come in a variety of shapes and sizes, but all perform the same basic function.
Adjustable End Wire Strippers:
The adjustable end wire strippers are used to cut the wires of telecommunication products such as communication cables, network cable, and others. It is a manually operated device that consists of an arm and a lever which can be adjusted to different angles. The arm has two blades attached to it which have different cutting edges that meet at the center when the lever is in its neutral position.
Automatic Wire Strippers:
Automatic wire strippers are used to remove insulation from wires and it is a part of electrical equipment. It makes use of an abrasive material, typically consisting of tungsten or steel wool, which automatically removes the insulation from the wire while being fed into it. The device consists of two metal arms, one for receiving the insulated end of the wire and other for providing an uninsulated end.
Application Insights:
The global wire strippers market is segmented on the basis of application into personal dedicated, factory and others. Personal dedicated application held the largest share in 2017 owing to increasing demand for smartphones, laptops and other electronic gadgets across the globe. The rising number of end-users requiring high-speed internet connectivity at home or office coupled with rapid industrialization & urbanization has led to a significant increase in demand for these devices worldwide.
The factory segment is expected to witness lucrative growth over the forecast period due to an increase in manufacturing activities globally especially from Asia Pacific region where most of electronic products are manufactured these days including mobile phones, computers.
Regional Analysis:
Asia Pacific wire strippers market is anticipated to grow at the highest CAGR over the forecast period. The growth of this region can be attributed to increasing demand for advanced machinery and tools in various industries, such as construction, automotive, marine & naval and others. Increasing industrialization along with rapid urbanization has led to an increase in electricity consumption in developing countries of Asia Pacific. This factor is expected to drive the regional market growth over the forecast period.
The North America regional market accounted for a significant share owing to high product adoption across several industries due mainly on technological advancements coupled with increased awareness regarding quality products and services offered by manufacturers within this region.
In addition, presence of major aircraft makers such as Airbus S A.
Growth Factors:
- Increasing demand from electrical and electronics industry
- Rising demand for miniaturized and lightweight wire strippers
- Growing popularity of automatic wire strippers
- Proliferation of DIY (Do It Yourself) culture among consumers
- Technological advancements in wire stripping technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Wire Strippers Market Research Report
By Type
Adjustable End Wire Strippers, Automatic Wire Strippers, Multi-function Wire Strippers, Others
By Application
Personal Dedicated, Factory, Others
By Companies
SATA, STANLEY, Keiba, BOSI TOOLS, OPT, JETECH TOOL, GEM YEAR, EKF, BRITX
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Wire Strippers Market Report Segments:
The global Wire Strippers 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
Personal Dedicated, Factory, 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:
- SATA
- STANLEY
- Keiba
- BOSI TOOLS
- OPT
- JETECH TOOL
- GEM YEAR
- EKF
- BRITX
Highlights of The Wire Strippers 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:
- Personal Dedicated
- Factory
- 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 Strippers 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 strippers are a type of tool used to strip the insulation from electrical wires. They are also known as wire cutters, wire strippers, and electrician's shears.
Some of the major players in the wire strippers market are SATA, STANLEY, Keiba, BOSI TOOLS, OPT, JETECH TOOL, GEM YEAR, EKF, BRITX.
The wire strippers market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wire Strippers 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 Strippers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wire Strippers Market - Supply Chain
4.5. Global Wire Strippers Market Forecast
4.5.1. Wire Strippers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wire Strippers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wire Strippers Market Absolute $ Opportunity
5. Global Wire Strippers 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 Strippers Market Size and Volume Forecast by Type
5.3.1. Adjustable End Wire Strippers
5.3.2. Automatic Wire Strippers
5.3.3. Multi-function Wire Strippers
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wire Strippers 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 Strippers Market Size and Volume Forecast by Application
6.3.1. Personal Dedicated
6.3.2. Factory
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wire Strippers 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 Strippers 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 Strippers 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 Strippers 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 Strippers Demand Share Forecast, 2019-2026
9. North America Wire Strippers 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 Strippers 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 Strippers Market Size and Volume Forecast by Application
9.4.1. Personal Dedicated
9.4.2. Factory
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 Strippers Market Size and Volume Forecast by Type
9.7.1. Adjustable End Wire Strippers
9.7.2. Automatic Wire Strippers
9.7.3. Multi-function Wire Strippers
9.7.4. Others
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 Strippers Demand Share Forecast, 2019-2026
10. Latin America Wire Strippers 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 Strippers 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 Strippers Market Size and Volume Forecast by Application
10.4.1. Personal Dedicated
10.4.2. Factory
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 Strippers Market Size and Volume Forecast by Type
10.7.1. Adjustable End Wire Strippers
10.7.2. Automatic Wire Strippers
10.7.3. Multi-function Wire Strippers
10.7.4. Others
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 Strippers Demand Share Forecast, 2019-2026
11. Europe Wire Strippers 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 Strippers 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 Strippers Market Size and Volume Forecast by Application
11.4.1. Personal Dedicated
11.4.2. Factory
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 Strippers Market Size and Volume Forecast by Type
11.7.1. Adjustable End Wire Strippers
11.7.2. Automatic Wire Strippers
11.7.3. Multi-function Wire Strippers
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis 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 Strippers Demand Share, 2019-2026
12. Asia Pacific Wire Strippers 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 Strippers 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 Strippers Market Size and Volume Forecast by Application
12.4.1. Personal Dedicated
12.4.2. Factory
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 Strippers Market Size and Volume Forecast by Type
12.7.1. Adjustable End Wire Strippers
12.7.2. Automatic Wire Strippers
12.7.3. Multi-function Wire Strippers
12.7.4. Others
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 Strippers Demand Share, 2019-2026
13. Middle East & Africa Wire Strippers 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 Strippers 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 Strippers Market Size and Volume Forecast by Application
13.4.1. Personal Dedicated
13.4.2. Factory
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 Strippers Market Size and Volume Forecast by Type
13.7.1. Adjustable End Wire Strippers
13.7.2. Automatic Wire Strippers
13.7.3. Multi-function Wire Strippers
13.7.4. Others
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 Strippers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wire Strippers Market: Market Share Analysis
14.2. Wire Strippers Distributors and Customers
14.3. Wire Strippers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SATA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. STANLEY
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Keiba
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BOSI TOOLS
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. OPT
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. JETECH TOOL
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. GEM YEAR
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. EKF
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. BRITX
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
