Coil Winding Machines Market size shall reach a value of $x Million in 2027, growing with a CAGR of 9.8% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
A coil winding machine is a device produced to be utilized in equal-size motor winding arbors. The machine serves winding coil applications for appliances like toroidal transformers, which depend on cylindered cores comprising copper wire wrappings. In electrical engineering, coil winding produces electromagnetic coils. Coils are used as elements of circuits and to give the magnetic field of transformers, motors, and generators. They are also used in the manufacture of microphones and loudspeakers.
The coil winding machine is used in different wire bonding, wire winding, and wire welding applications. Some coil winding machines are used in air coil winding, speaker coil winding, solenoid winding, and microphone coil winding applications. Other coil winding machines are used in magnet wire winding, automated coil winding and assembly, transformer winding, or motor winding applications.
Coil winding machines are largely used in the automobile industry in various categories like three-phase and single-phase motor coil. These machines are also utilized in field cores, bobbins, generators, armature cores, and electrical motor.
Coil Winding Machines Market Growth and Trends
Driving factors for the Industry :
• Motor coil winding machines are expected to face high demand from various sectors of industries like automobile sector, construction sector etc. and is expected to create ample opportunities for market player in the coil winding machines.
• Growing demand for the motor coil winding industry in textile sectors are also expected to boost the growth and demand for the global industrial coil winding machines market in near future.
• Adoption of new innovative advancement like variable textile, embedded with electrical sensors, 3D painting etc. promises to provide lucrative opportunities for the global industrial coil winding machines market in near future.
• Introduction of the portable devices and the demand for energy for industries are further expected to growth the demand for the global industrial coil winding machines market in upcoming future.
• Significantly rising demand for electric vehicles, growth of supporting infra structures like 5g, battery station and market trends like inter net of vehicles etc are some of the major factors boosting the growth and demand for the global industrial coil winding machines market within forecasted time period.
• Multispeed machines of various types and categories having manufacture in various industrial sectors with the help of the global industrial coil winding machines and is thereby boost the growth and demand for the global industrial coil winding machines market.
• the microprocessor related to the coils makes it easy for data setting, operating and helping in specifying the winding speed this in turn greatly boost the growth and demand for the global industrial coil winding machines market within forecasted time period
• Growing demand for coil winding machine across the globe in different industry sectors like automobile, healthcare, aerospace, electronics etc. is expected to bolster the global industrial coil winding machines market in near future.
Challenges for the Industry :
• High initial cost related to the coil winding machines acts as a restricting factor hindering the growth and demand for the global industrial coil winding machines market in upcoming years.
Coil Winding Machines Market Regional Analysis
The Asia Pacific contributes a significant share in the global coil winding machines market, mainly because of India, China, Australia, Indonesia, South Korea, Chile, etc. under the rapid development in the automobile industry and the rise in the demand for Coil Winding applications (toroidal transformers, bobbins, motors, armature cores, and generators). North America is estimated to grow significantly due to the rapid increase in vehicle production. Countries of Europe like Germany, Italy, the United Kingdom, Switzerland, and Sweden are estimated to grow at a fair rate by 2027 because of the rapid urbanization in these regions. Latin America, the Middle East, and South Africa are growing at a reasonable rate by the increased government investments in the automobile industries.
Coil Winding Machines Market Share and Competition
Key companies operating in this industry are: Synthesis India Pvt Ltd., Marsilli, ACME Mechatronics, Inc., Broomfield, Bachi Company, Nittoku Engineering, Metar Machines, STO Group, BR Technologies, Whitelegg Machines, Bestec Co., Ltd., B.M.P. & Equipment, Gorman Machine Corp, Micro Tool & Machine Ltd., WELLYANG Electronics Technology, JARS Machines, Shining Sun Enterprise, Jinkang Precision Mechanism, and Zhuhai Ascend Technology among others. Similar industries in this domain that is growing at a high CAGR include Global PET Film Coated Steel Coil Market and Decoiler Machine Market.
Coil Winding Machines Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Product Type Analysis (Revenue, USD Million, 2020 - 2027)
• Automatic
• Semi-automatic
• Ring
• Manual
• Precision
• Others
End-use Analysis (Revenue, USD Million, 2020 - 2027)
• Electronic
• Textile
• Building
• Others
Duty level Analysis (Revenue, USD Million, 2020 - 2027)
• Light duty coil winding machines
• Medium duty coil winding machines
• High duty coil winding machines
Spindle Number Analysis (Revenue, USD Million, 2020 - 2027)
• Single spindle coil winding machines
• Multi spindle coil winding machines
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Coil Winding Machines Market Companies
• Synthesis India Pvt Ltd.
• Marsilli
• ACME Mechatronics, Inc.
• Broomfield
• Bachi Company
• Nittoku Engineering
• Metar Machines
• STO Group
• BR Technologies
• Whitelegg Machines
• Bestec Co., Ltd.
• B.M.P. & Equipment
• Gorman Machine Corp
• Micro Tool & Machine Ltd.
• WELLYANG Electronics Technology
• JARS Machines
• Shining Sun Enterprise
• Jinkang Precision Mechanism
• Zhuhai Ascend Technology
Available Versions: -
United States Coil Winding Machines Market Research Report
Europe Coil Winding Machines Market Research Report
Asia Pacific Coil Winding Machines Market Research Report
India Coil Winding Machines Market Research Report
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