Global Automatic Metal Wire Crimping Machine Market Growth 2023-2029

Global Automatic Metal Wire Crimping Machine Market Growth 2023-2029

The global Automatic Metal Wire Crimping Machine market size is projected to grow from US$ 775.7 million in 2022 to US$ 1167.6 million in 2029; it is expected to grow at a CAGR of 6.0% from 2023 to 2029.

The CAGR from 2023 to 2029 will be 5.8%. Major manufacturers of automatic metal wire crimping machines in the world include Komax, Weidmuller, ShinMaywa, Japan Automatic Machine, etc., and the top four manufacturers account for more than 49%. Asia-Pacific is the largest market with a share of about 52%, followed by Europe and the Americas with 21% and 20% respectively. In terms of product type, fully automatic metal wire crimping machine is the largest market segment, accounting for about 90% share, while in terms of application, automotive holds about 59% share.

An automatic metal wire crimping machine is a device used to securely join or terminate electrical wires and connectors by creating a mechanical connection known as a crimp. It is commonly used in industries such as electronics, telecommunications, automotive, and aerospace.Wire crimping machines are essential in manufacturing processes where reliable and efficient wire connections are required. They help to improve productivity, reduce labor costs, and ensure consistent quality in the assembly of electrical harnesses, cables, and connectors.

LPI (LP Information)' newest research report, the “Automatic Metal Wire Crimping Machine Industry Forecast” looks at past sales and reviews total world Automatic Metal Wire Crimping Machine sales in 2022, providing a comprehensive analysis by region and market sector of projected Automatic Metal Wire Crimping Machine sales for 2023 through 2029. With Automatic Metal Wire Crimping Machine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automatic Metal Wire Crimping Machine industry.

This Insight Report provides a comprehensive analysis of the global Automatic Metal Wire Crimping Machine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automatic Metal Wire Crimping Machine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automatic Metal Wire Crimping Machine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automatic Metal Wire Crimping Machine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automatic Metal Wire Crimping Machine.

This report presents a comprehensive overview, market shares, and growth opportunities of Automatic Metal Wire Crimping Machine market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Automatic Metal Wire Crimping Machine
Semi-automatic Wire Crimping Machine

Segmentation by application
Automotive Industry
Telecommunications
Aerospace
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Komax
Weidmuller
ShinMaywa
Japan Automatic Machine
Nippon Tanshi
JST
TE Connectivity
KMDGITECH
Wezag
Rittal

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automatic Metal Wire Crimping Machine market?

What factors are driving Automatic Metal Wire Crimping Machine market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automatic Metal Wire Crimping Machine market opportunities vary by end market size?

How does Automatic Metal Wire Crimping Machine break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.