Market Overview:
The global wire stripping 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 electric wire stripping machines from the automobile industry, and the growing demand for pneumatic wire stripping machines from the consumer electronics industry. Additionally, factors such as rising awareness about old wire recycling and increasing investments in research and development are also contributing to the growth of this market. However, fluctuations in raw material prices may restrain the growth of this market during the forecast period.
Product Definition:
A wire stripping machine is a device used to remove the insulation from electric wires. It can be used by hand or powered by a motor. The importance of wire stripping machines is that they make it easier and faster to strip wires, which can save time and money.
Electric Wire Stripping Machine:
Electric wire stripping machine is used to strip insulation from an electric wire. It is a mechanical device that uses a cutting head, which rotates around the wire and makes contact with the insulation, and then strips it off in one continuous movement. The process of removing the insulation requires high speed as well as good accuracy since wires are thin compared to other parts of cable strippers.
Pneumatic Wire Stripping Machine:
Pneumatic wire stripping machine is used to strip the insulation from the wires of a particular size range in power, energy, construction and other industries. It is mainly used for removing insulation from large bundles of electric wires. The working principle behind it includes using compressed air or nitrogen gas as a means to remove the insulation from the wire by impacting or cutting it with high-speed steel balls.
Application Insights:
Automotive industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Automobiles are manufactured with various materials, including copper, aluminum and steel wire. The global automotive industry is witnessing significant growth on account of increasing demand for electric vehicles across the globe.
Consumer electronics is another major application segment where these machines are used extensively as old wires get detached from electronic products during recycling process.
Regional Analysis:
Asia Pacific dominated the global wire stripping machine market in 2016 and is expected to continue its dominance over the forecast period. The region’s growth can be attributed to increasing demand for consumer electronics, automobiles, and other industrial machinery. Increasing population in emerging countries such as India and China has led to an increase in consumer spending on basic needs such as housing, transportation, food & beverages among others. This trend is projected to positively influence the demand for wire stripping machines over the forecast period.
Growth Factors:
- Increasing demand from electrical and electronics industry for wire stripping machines for efficient production process.
- Rising adoption of wire stripping machines in automotive and aerospace industry due to its ability to strip insulation quickly and easily.
- Growing popularity of automated wire stripping machines that offer high throughput, accuracy, and reliability.
- Increasing research and development activities by key players to develop new technologies and products for the Wire Stripping Machine market
- Rising demand from small-scale businesses for low-cost wire stripping machines
Scope Of The Report
Report Attributes
Report Details
Report Title
Wire Stripping Machine Market Research Report
By Type
Electric Wire Stripping Machine, Pneumatic Wire Stripping Machine, Others
By Application
Automobile Industry, Consumer Electronics, Old Wire Recycling, Others
By Companies
Amada Miyachi, Artos Engineering, Carpenter Mfg, Eraser, Ideal Industries, Kodera, Komax, Laser Wire Solutions, Metzner, MK Electronics, Schleuniger, Spectrum Technologies, Wuhan Lingyun
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Wire Stripping Machine Market Report Segments:
The global Wire Stripping Machine market is segmented on the basis of:
Types
Electric Wire Stripping Machine, Pneumatic Wire Stripping Machine, 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
Automobile Industry, Consumer Electronics, Old Wire Recycling, 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:
- Amada Miyachi
- Artos Engineering
- Carpenter Mfg
- Eraser
- Ideal Industries
- Kodera
- Komax
- Laser Wire Solutions
- Metzner
- MK Electronics
- Schleuniger
- Spectrum Technologies
- Wuhan Lingyun
Highlights of The Wire Stripping 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:
- Electric Wire Stripping Machine
- Pneumatic Wire Stripping Machine
- Others
- By Application:
- Automobile Industry
- Consumer Electronics
- Old Wire Recycling
- 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 Stripping 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 stripping machine is a special type of industrial machinery that strips the insulation off of electrical wires. This is done by passing the wire through a series of sharp blades that remove the insulation.
Some of the major companies in the wire stripping machine market are Amada Miyachi, Artos Engineering, Carpenter Mfg, Eraser, Ideal Industries, Kodera, Komax, Laser Wire Solutions, Metzner, MK Electronics, Schleuniger, Spectrum Technologies, Wuhan Lingyun.
The wire stripping machine market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wire Stripping Machine 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 Stripping Machine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wire Stripping Machine Market - Supply Chain
4.5. Global Wire Stripping Machine Market Forecast
4.5.1. Wire Stripping Machine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wire Stripping Machine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wire Stripping Machine Market Absolute $ Opportunity
5. Global Wire Stripping Machine 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 Stripping Machine Market Size and Volume Forecast by Type
5.3.1. Electric Wire Stripping Machine
5.3.2. Pneumatic Wire Stripping Machine
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wire Stripping Machine 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 Stripping Machine Market Size and Volume Forecast by Application
6.3.1. Automobile Industry
6.3.2. Consumer Electronics
6.3.3. Old Wire Recycling
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wire Stripping Machine 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 Stripping Machine 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 Stripping Machine 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 Stripping Machine 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 Stripping Machine Demand Share Forecast, 2019-2029
9. North America Wire Stripping Machine 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 Stripping Machine 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 Stripping Machine Market Size and Volume Forecast by Application
9.4.1. Automobile Industry
9.4.2. Consumer Electronics
9.4.3. Old Wire Recycling
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wire Stripping Machine Market Size and Volume Forecast by Type
9.7.1. Electric Wire Stripping Machine
9.7.2. Pneumatic Wire Stripping Machine
9.7.3. 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 Stripping Machine Demand Share Forecast, 2019-2029
10. Latin America Wire Stripping Machine 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 Stripping Machine 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 Stripping Machine Market Size and Volume Forecast by Application
10.4.1. Automobile Industry
10.4.2. Consumer Electronics
10.4.3. Old Wire Recycling
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wire Stripping Machine Market Size and Volume Forecast by Type
10.7.1. Electric Wire Stripping Machine
10.7.2. Pneumatic Wire Stripping Machine
10.7.3. 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 Stripping Machine Demand Share Forecast, 2019-2029
11. Europe Wire Stripping Machine 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 Stripping Machine 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 Stripping Machine Market Size and Volume Forecast by Application
11.4.1. Automobile Industry
11.4.2. Consumer Electronics
11.4.3. Old Wire Recycling
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wire Stripping Machine Market Size and Volume Forecast by Type
11.7.1. Electric Wire Stripping Machine
11.7.2. Pneumatic Wire Stripping Machine
11.7.3. 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 Stripping Machine Demand Share, 2019-2029
12. Asia Pacific Wire Stripping Machine 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 Stripping Machine 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 Stripping Machine Market Size and Volume Forecast by Application
12.4.1. Automobile Industry
12.4.2. Consumer Electronics
12.4.3. Old Wire Recycling
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wire Stripping Machine Market Size and Volume Forecast by Type
12.7.1. Electric Wire Stripping Machine
12.7.2. Pneumatic Wire Stripping Machine
12.7.3. 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 Stripping Machine Demand Share, 2019-2029
13. Middle East & Africa Wire Stripping Machine 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 Stripping Machine 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 Stripping Machine Market Size and Volume Forecast by Application
13.4.1. Automobile Industry
13.4.2. Consumer Electronics
13.4.3. Old Wire Recycling
13.4.4. 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 Stripping Machine Market Size and Volume Forecast by Type
13.7.1. Electric Wire Stripping Machine
13.7.2. Pneumatic Wire Stripping Machine
13.7.3. 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 Stripping Machine Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Wire Stripping Machine Market: Market Share Analysis
14.2. Wire Stripping Machine Distributors and Customers
14.3. Wire Stripping Machine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Amada Miyachi
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Artos Engineering
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Carpenter Mfg
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Eraser
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ideal 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. Kodera
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Komax
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Laser Wire Solutions
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Metzner
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. MK Electronics
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Schleuniger
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Spectrum Technologies
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Wuhan Lingyun
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
