Global Automatic Wire Crimping Machine for Automotive Industry Market Growth 2023-2029

Global Automatic Wire Crimping Machine for Automotive Industry Market Growth 2023-2029

The global Automatic Wire Crimping Machine for Automotive Industry market size is projected to grow from US$ 515.5 million in 2022 to US$ 740.6 million in 2029; it is expected to grow at a CAGR of 5.3% from 2023 to 2029.

At present, the automatic wire crimping machine equipment on the market is mainly divided into two schools: European-style and Japanese-style equipment. European-style equipment is mainly oriented by functional equipment for automotive wiring harnesses and aimed at integrating the industry chain. It is characterized by large equipment structure, large maintenance space, high degree of modularization, strong functionality, and limited scope of application, but it is more popular in the automotive wiring harness industry. Major manufacturers include Komax, Schleuniger, etc. Among them, Schleuniger completed the merger with Komax at the end of August 2022, which further enhanced the market concentration. Japanese-style equipment companies continue to develop functional equipment for automotive wiring harnesses through technological advancement. It is characterized by compact structure, light weight, energy saving, high efficiency and wide application range. The main manufacturers are Japan Automatic Machine, ShinMaywa and so on. The market share of the top three companies exceeds 44%. In the future, as leading companies continue to expand the market, the market will become more and more concentrated.

A 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 Wire Crimping Machine for Automotive Industry Industry Forecast” looks at past sales and reviews total world Automatic Wire Crimping Machine for Automotive Industry sales in 2022, providing a comprehensive analysis by region and market sector of projected Automatic Wire Crimping Machine for Automotive Industry sales for 2023 through 2029. With Automatic Wire Crimping Machine for Automotive Industry sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automatic Wire Crimping Machine for Automotive Industry industry.

This Insight Report provides a comprehensive analysis of the global Automatic Wire Crimping Machine for Automotive Industry 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 Wire Crimping Machine for Automotive Industry portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automatic Wire Crimping Machine for Automotive Industry market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automatic Wire Crimping Machine for Automotive Industry and breaks down the forecast by max. crimping wire cross section, 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 Wire Crimping Machine for Automotive Industry.

This report presents a comprehensive overview, market shares, and growth opportunities of Automatic Wire Crimping Machine for Automotive Industry market by product max. crimping wire cross section, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by max. crimping wire cross section
0.8 mm²
1.3 mm²
2.0 mm²
6.0 mm²
Others

Segmentation by application
Fuel Car
New Energy Vehicles

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
ShinMaywa
Japan Automatic Machine
Nippon Tanshi
JST
TE Connectivity
Weidmuller
KMDIGITECH
Wezag
Rittal
Zoller+Frohlich
Xiamen Hiprecise Technology
Junquan Automation
BEI E MFG
Cheers Electronic Technical
Hacint Intelligence Technolog
Kingsing
Techmaflex

Key Questions Addressed in this Report

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

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

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

How do Automatic Wire Crimping Machine for Automotive Industry market opportunities vary by end market size?

How does Automatic Wire Crimping Machine for Automotive Industry break out max. crimping wire cross section, 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.