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Global Wire Processing Machines Market 2017-2021

Global Wire Processing Machines Market 2017-2021

About Wire Processing Machines

The global market for wires and cables has witnessed a significant growth rate over the past few years, which in turn has influenced the wire processing machines market globally. The demand for these wires and cables is majorly driven by automotive and aerospace industries. These industries use an assembly of wires that transmits electrical signals; in addition, these wires are safeguarded from vehicle vibrations. Wire processing machines are mainly used to get the wire cut, stripped, crimped, marked, and welded for further manufacturing process.

Technavio’s analysts forecast the global wire processing machines market to grow at a CAGR of 9.10% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global wire processing machines market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Wire Processing Machines Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Schleuniger
  • Komax
  • Eraser
  • Artos Engineering
Other prominent vendors
  • Arno Fuchs
  • Carpenter Manufacturing Company
  • Cheers Electronic Technical
  • Dongguan City Code Zhen Machinery
  • Exmore
  • GLW
  • Iwiss Electric
  • KINGSING MACHINERY
  • KODERA
  • MAPLELEGEND
  • Metzner Maschinenbau
  • MK Electronics
  • ramatech systems
  • FRIEDHELM LOH GROUP (Rittal)
  • Schäfer Group
  • Spectrum Technologies
  • TE Connectivity
  • WEZAG
  • Xiamen Hiprecise Technology
  • Zhongshan Jinsheng Automation Machinery
Market driver
  • Expansion and revamping of the T&D infrastructure in India.
  • For a full, detailed list, view our report
Market challenge
  • Need to comply with various regulations.
  • For a full, detailed list, view our report
Market trend
  • Use of automated processing machines in small RF and coax cables.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Wire Processing Machines Market 2017-2021

Technavio recognizes the following companies as the key players in the global wire processing machines market: Schleuniger, Komax, Eraser, and Artos Engineering.

Other Prominent Vendors in the market are: Arno Fuchs, Carpenter Manufacturing Company, Cheers Electronic Technical, Dongguan City Code Zhen Machinery, Exmore, GLW, Iwiss Electric, KINGSING MACHINERY, KODERA, MAPLELEGEND, Metzner Maschinenbau, MK Electronics, ramatech systems, FRIEDHELM LOH GROUP (Rittal), Schäfer Group, Spectrum Technologies, TE Connectivity, WEZAG, Xiamen Hiprecise Technology, and Zhongshan Jinsheng Automation Machinery.

Commenting on the report, an analyst from Technavio’s team said: “One trend in market is use of automated processing machines in small RF and coax cables. Cell phones, tablets, global positioning system (GPS) devices, and other mobile electronic devices are smaller and powerful than ever and require high complex transmission mechanisms. To meet these requirements, ultra-miniature radio frequency (RF) cables have now become essential in mobile devices.”

According to the report, one driver in market is expansion and revamping of the T&D infrastructure in India. Power cables, a critical segment of the power sector, are witnessing an escalating demand owing to the growth in power generation infrastructure. India is one of the biggest consumers of electric energy after the US and China. With rapid industrialization and urbanization of the country, it is believed that there will be an enormous demand for electricity within the country. However, the overall generation capacity is unable to cater to the existing demand. Moreover, the transmission and distribution (T&D) infrastructure is quite old and needs extensive renovation. The exhibit below shows India’s power supply position for the year 2015-2016.

Further, the report states that one challenges in market is decline in oil rig count. Ethylene tetrafluoroethylene (ETFE) wires and cables are used in the oil and gas industry for down-hole applications; ETFE cables are used because they are highly conductive, strong, and can help in enhancing the tolerance of down-hole cables at high temperatures, pressures, and harsh chemical environments. However, at present, the plunge in the global oil and gas prices has caused the prices to fall by almost 40%-50% between 2014 and 2016. This limits the confidence for new investments in the industry, posing a serious challenge to the wire processing machines market. The rig count acts as a barometer for the oil and gas drilling industry and its suppliers worldwide. There has been an almost double-digit drop in the rig count between 2014 and 2015. This is an indicator of the weak demand for the equipment used in the oil and gas industry. Therefore, lower oil prices and reduced activities are challenges for the growth of the industry.

Companies Mentioned

Schleuniger, Komax, Eraser, Artos Engineering, Arno Fuchs, Carpenter Manufacturing Company, Cheers Electronic Technical, Dongguan City Code Zhen Machinery, Exmore, GLW, Iwiss Electric, KINGSING MACHINERY, KODERA, MAPLELEGEND, Metzner Maschinenbau, MK Electronics, ramatech systems, FRIEDHELM LOH GROUP (Rittal), Schäfer Group, Spectrum Technologies, TE Connectivity, WEZAG, Xiamen Hiprecise Technology, and Zhongshan Jinsheng Automation Machinery.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Global wire processing machines market segmentation by type 2016-2021
  • Market landscape
    • Market overview
      • Table Global wire processing machines market segmentation
    • Market size and forecast
      • Table Global wire processing machines market 2016-2021 ($ millions)
      • Table Trends in the automotive sector
      • Table Global aerospace and defense market revenue performance
    • Five forces analysis
      • Table Five forces analysis
  • Geographical segmentation
    • Market overview
      • Table Global wire processing machines share by region 2016 and 2021 (%)
    • EMEA
      • Table Wire processing machines market in EMEA 2016-2021 ($ millions)
    • Americas
      • Table Wire processing machines market in the Americas 2016-2021 ($ millions)
      • Table Increased expense on various projects in the Americas 2016 (%)
    • APAC
      • Table Wire processing machines market in APAC 2016-2021 ($ millions)
      • Table New aircraft required in China 2015-2034
      • Table Expected cumulative transport infrastructure investments in Asia till 2025 (%)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table The US plug-in car sales 2015 (% change)
      • Table Global EV sales outlook, 2011-2020 (million units)
      • Table Power supply position in India for 2015-2016
      • Table Power generation and transmission in India's 6th FYP-11th FYP (GW and `000 Ckm)
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
      • Table Regulations on wires and cables related to high and low voltage
      • Table Global rig count 2014-2015
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • Use of lasers in wire stripping
      • Table Advantages of using laser wire stripping
    • Use of automated processing machines in small RF and coax cables
      • Table Additional steps in automated wire processing machines
    • Use of CNTs
      • Table Advantages of using CNT wires
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
  • Key vendor analysis
    • Schleuniger
      • Table Product offerings
    • Komax
      • Table Product offerings
    • Eraser
      • Table Products offered
    • Artos Engineering
      • Table Product offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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