Global Electrical Wiring Tools Market by Type (Cutter, Stripper, Others), By Application (Personal, Electronic Industry, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The Global Electrical Wiring Tools Market size is forecast to grow from USD 41.7 billion in 2018 to USD XX billion by 2028, at a CAGR of 5.0% from 2021-2028.
Electrical Wiring Tools is a set of tools used by electricians for installing or removing wires. The aim of using these wiring tools is to ensure that cables are correctly inserted into the connectors and that the connections between electrical devices work as intended after installation.
On the basis of Types, the market is segmented into Cutter, Stripper, and Others. The Cutter tools segment is expected to dominate the market during the forecast period due to their increasing use for cutting wires of a specific size.
Cutter:
Cutter electrical wiring tools are used for cutting wires. They have a thin carbon steel blade with sharpened angles to cut the wire cleanly without any damage or scratching. These can be handheld, motorized, or hydraulic powered devices. Autotronic Wire Stripping Machine is one of the best cutter electrical wiring tools available on market today which comes with an excellent combination of speed and accuracy.
Stripper:
Stripper tools are used to strip the insulation off of wires. They are available in many different forms, including automatic wire strippers that automatically adjust themselves to different wire sizes and can cut away pieces of insulation without damaging or loosening internal wiring.
On the basis of Application, the market is segmented into Personal, Electronic Industry, and Others. Electrical Wiring Tools are used in the Electronics Industry for various purposes. Some of the major uses include cutting, stripping, and crimping wires during installation work by professionals. The electrical wiring products can also be used to install devices like switches, circuit breakers, and others.
On the basis of Region, the market is segmented into North America, Latin America, Europe, and the Asia Pacific. The North American market is expected to hold the leading position in this market. This is primarily due to the high demand for electrical wiring tools from the commercial and residential construction industry for building new infrastructure across North America.
Europe is likely to have a stable growth rate during the forecast period 2021-2028, both at a country as well as regional level over the projected timeframe owing to a rise in replacement demands which are anticipated to drive demand for wire harnesses during coming years.
Asia Pacific region has also emerged as an attractive market where many countries with rapidly growing economies such as India, China & Indonesia are witnessing considerable economic development resulting in increased consumer spending on cars, homes appliances & electronics items that require electrical wires or plugs for their operation taking place throughout these regions.
Growth Factors For The Global Electrical Wiring Tools Market:
The key driving factors for the growth of this market are the rising demand for electrical wiring tools from various end-user industries. Moreover, the increasing application of wire and cable management in the automotive industry is also expected to boost this market growth during the forecast period.
Up Market Research published a new report titled “Electrical Wiring Tools Market research report which is segmented by Types (Cutter, Stripper, Others), By Applications (Personal, Electronic Industry, Others), By Players/Companies Klein Tools, Daniels Manufacturing Corporation, Thexton, Electro Enterprises, Tsunoda Co, Fujiya, Elecmit Electrical, Wiring Harness Electronic Tools Breakdown Data by Type, Cutter, Stripper, Greenlee, Ripley Tools, TE, Minnesota Wire, Alan Wire”.
Report Scope
Report Attributes | Report Details |
Report Title | Electrical Wiring Tools Market Research Report |
By Type | Cutter, Stripper, Others |
By Application | Personal, Electronic Industry, Others |
By Companies | Klein Tools, Daniels Manufacturing Corporation, Thexton, Electro Enterprises, Tsunoda Co, Fujiya, Elecmit Electrical, Wiring Harness Electronic Tools Breakdown Data by Type, Cutter, Stripper, Greenlee, Ripley Tools, TE, Minnesota Wire, Alan Wire |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 246 |
Number of Tables & Figures | 173 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Electrical Wiring Tools Market Report Segments:
The market is segmented by Type Cutter, Stripper, Others and By Application Personal, Electronic Industry, Others.
Some of the companies that are profiled in this report are:
- Klein Tools
- Daniels Manufacturing Corporation
- Thexton
- Electro Enterprises
- Tsunoda Co
- Fujiya
- Elecmit Electrical
- Wiring Harness Electronic Tools Breakdown Data by Type
- Cutter
- Stripper
- Greenlee
- Ripley Tools
- TE
- Minnesota Wire
- Alan Wire
Electrical Wiring Tools Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Electrical Wiring Tools Market
Overview of the regional outlook of the Electrical Wiring Tools Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Electrical Wiring Tools Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Electrical Wiring Tools Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. Cutter
2. Stripper
3. Others
7. By Application:1. Personal
2. Electronic Industry
3. 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 Electrical Wiring Tools 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 2028.
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
Reasons to Purchase the Electrical Wiring Tools Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electrical Wiring Tools Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electrical Wiring Tools Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electrical Wiring Tools Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electrical Wiring Tools Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electrical Wiring Tools Market Size & Forecast, 2018-2028
4.5.1 Electrical Wiring Tools Market Size and Y-o-Y Growth
4.5.2 Electrical Wiring Tools Market Absolute $ Opportunity
Chapter 5 Global Electrical Wiring Tools Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electrical Wiring Tools Market Size Forecast by Type
5.2.1 Cutter
5.2.2 Stripper
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electrical Wiring Tools Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electrical Wiring Tools Market Size Forecast by Applications
6.2.1 Personal
6.2.2 Electronic Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electrical Wiring Tools Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electrical Wiring Tools Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electrical Wiring Tools Analysis and Forecast
9.1 Introduction
9.2 North America Electrical Wiring Tools Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electrical Wiring Tools Market Size Forecast by Type
9.6.1 Cutter
9.6.2 Stripper
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electrical Wiring Tools Market Size Forecast by Applications
9.10.1 Personal
9.10.2 Electronic Industry
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electrical Wiring Tools Analysis and Forecast
10.1 Introduction
10.2 Europe Electrical Wiring Tools Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electrical Wiring Tools Market Size Forecast by Type
10.6.1 Cutter
10.6.2 Stripper
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electrical Wiring Tools Market Size Forecast by Applications
10.10.1 Personal
10.10.2 Electronic Industry
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electrical Wiring Tools Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electrical Wiring Tools Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electrical Wiring Tools Market Size Forecast by Type
11.6.1 Cutter
11.6.2 Stripper
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electrical Wiring Tools Market Size Forecast by Applications
11.10.1 Personal
11.10.2 Electronic Industry
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electrical Wiring Tools Analysis and Forecast
12.1 Introduction
12.2 Latin America Electrical Wiring Tools Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electrical Wiring Tools Market Size Forecast by Type
12.6.1 Cutter
12.6.2 Stripper
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electrical Wiring Tools Market Size Forecast by Applications
12.10.1 Personal
12.10.2 Electronic Industry
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electrical Wiring Tools Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electrical Wiring Tools Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electrical Wiring Tools Market Size Forecast by Type
13.6.1 Cutter
13.6.2 Stripper
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electrical Wiring Tools Market Size Forecast by Applications
13.10.1 Personal
13.10.2 Electronic Industry
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electrical Wiring Tools Market: Competitive Dashboard
14.2 Global Electrical Wiring Tools Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Klein Tools
14.3.2 Daniels Manufacturing Corporation
14.3.3 Thexton
14.3.4 Electro Enterprises
14.3.5 Tsunoda Co
14.3.6 Fujiya
14.3.7 Elecmit Electrical
14.3.8 Wiring Harness Electronic Tools Breakdown Data by Type
14.3.9 Cutter
14.3.10 Stripper
14.3.11 Greenlee
14.3.12 Ripley Tools
14.3.13 TE
14.3.14 Minnesota Wire
14.3.15 Alan Wire