Press release
Wire Stripping Machine Market Is Predicted To Grow At A Cagr Of 5.7% Between 2019 And 2025
Wire Stripping Machine is a machine used to remove sections of insulation from underlying wires and prepare cables for installation. Stripping is an important process and allows the conductor to be terminated or spliced. Globally, the Wire Stripping Machine industry market is not concentrated as the manufacturing technology of Wire Stripping Machine is relatively much more mature than some high-tech equipment. But some enterprises, like Schleuniger, Komax, Eraseretc, etc, are still well-known for the wonderful performance of their Wire Stripping Machine and related services.At the same time, some countries such as China, Europe and America are remarkable in the global Wire Stripping Machine industry because of their market share and technology status of Wire Stripping Machine. The global Wire Stripping Machine market was 410 million US$ in 2018 and is expected to 640 million US$ by the end of 2025, growing at a CAGR of 5.7% between 2019 and 2025.
This report studies the Wire Stripping Machine market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Wire Stripping Machine in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Amada Miyachi
Artos Engineering
Carpenter Mfg
Eraser
Ideal Industries
Kodera
Komax
Laser Wire Solutions
Metzner
MK Electronics
Schleuniger
Spectrum Technologies
Wuhan Lingyun
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By the product type, the market is primarily split into
Electric Wire Stripping Machine
Pneumatic Wire Stripping Machine
Others
By the end users/application, this report covers the following segments
Automobile Industry
Consumer Electronics
Old Wire Recycling
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