Global Cable Stripping Machine
Market Report
2025
The global Cable Stripping Machine Market size will be USD 561.5 million in 2024. Rising automotive industry is expected to boost sales to USD 800.68 million by 2031, with a Compound Annual Growth Rate (CAGR) of 5.20% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Cable Stripping Machine Market size will be USD 561.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.20% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global Cable Stripping Machine Market Sales Revenue | $ 461.5 Million | $ 569.5 Million | $ 867.4 Million | 5.4% |
North America Cable Stripping Machine Market Sales Revenue | $ 159.2 Million | $ 193.8 Million | $ 290.2 Million | 5.2% |
United States Cable Stripping Machine Market Sales Revenue | $ 130.2 Million | $ 156 Million | $ 226.9 Million | 4.8% |
Canada Cable Stripping Machine Market Sales Revenue | $ 18.8 Million | $ 24.3 Million | $ 38.8 Million | 6% |
Mexico Cable Stripping Machine Market Sales Revenue | $ 10.2 Million | $ 13.5 Million | $ 24.5 Million | 7.7% |
Europe Cable Stripping Machine Market Sales Revenue | $ 136.1 Million | $ 165.7 Million | $ 249 Million | 5.2% |
United Kingdom Cable Stripping Machine Market Sales Revenue | $ 22.5 Million | $ 28.5 Million | $ 46 Million | 6.2% |
France Cable Stripping Machine Market Sales Revenue | $ 12.4 Million | $ 14.9 Million | $ 21.6 Million | 4.7% |
Germany Cable Stripping Machine Market Sales Revenue | $ 26 Million | $ 32 Million | $ 49.3 Million | 5.5% |
Italy Cable Stripping Machine Market Sales Revenue | $ 9.9 Million | $ 11.7 Million | $ 16.5 Million | 4.4% |
Russia Cable Stripping Machine Market Sales Revenue | $ 16.2 Million | $ 19.2 Million | $ 27 Million | 4.3% |
Spain Cable Stripping Machine Market Sales Revenue | $ 9.5 Million | $ 11.4 Million | $ 16.7 Million | 4.9% |
Rest of Europe Cable Stripping Machine Market Sales Revenue | $ 31.4 Million | $ 38.1 Million | $ 57.4 Million | 5.2% |
Luxembourg Cable Stripping Machine Market Sales Revenue | $ 2.7 Million | $ 3.3 Million | $ 5 Million | 5.4% |
Asia Pacific Cable Stripping Machine Market Sales Revenue | $ 92.8 Million | $ 120.8 Million | $ 188 Million | 5.7% |
China Cable Stripping Machine Market Sales Revenue | $ 37.3 Million | $ 48.6 Million | $ 77.3 Million | 6% |
Japan Cable Stripping Machine Market Sales Revenue | $ 17.2 Million | $ 22.1 Million | $ 32.9 Million | 5.1% |
India Cable Stripping Machine Market Sales Revenue | $ 15.2 Million | $ 20.6 Million | $ 34.1 Million | 6.5% |
South Korea Cable Stripping Machine Market Sales Revenue | $ 7 Million | $ 9.1 Million | $ 13.9 Million | 5.5% |
Australia Cable Stripping Machine Market Sales Revenue | $ 2.3 Million | $ 3 Million | $ 4.4 Million | 5.2% |
Rest of APAC Cable Stripping Machine Market Sales Revenue | $ 4.5 Million | $ 5.1 Million | $ 6.2 Million | 2.3% |
South East Asia Cable Stripping Machine Market Sales Revenue | $ 9.3 Million | $ 12.3 Million | $ 19.1 Million | 5.7% |
South America Cable Stripping Machine Market Sales Revenue | $ 37.8 Million | $ 44.9 Million | $ 65.6 Million | 4.9% |
Brazil Cable Stripping Machine Market Sales Revenue | $ 13.1 Million | $ 15.5 Million | $ 23.1 Million | 5.1% |
Argentina Cable Stripping Machine Market Sales Revenue | $ 5 Million | $ 5.9 Million | $ 8.8 Million | 5% |
Colombia Cable Stripping Machine Market Sales Revenue | $ 3.1 Million | $ 3.7 Million | $ 5.5 Million | 5.1% |
Peru Cable Stripping Machine Market Sales Revenue | $ 1.6 Million | $ 1.8 Million | $ 2.5 Million | 4.4% |
Chile Cable Stripping Machine Market Sales Revenue | $ 1.4 Million | $ 1.6 Million | $ 2.3 Million | 4.6% |
Rest of South America Cable Stripping Machine Market Sales Revenue | $ 13.8 Million | $ 16.3 Million | $ 23.4 Million | 4.6% |
Middle East Cable Stripping Machine Market Sales Revenue | $ 35.5 Million | $ 44.3 Million | $ 74.5 Million | 6.7% |
Egypt Cable Stripping Machine Market Sales Revenue | $ 4.3 Million | $ 5.3 Million | $ 8.6 Million | 6.4% |
Turkey Cable Stripping Machine Market Sales Revenue | $ 3.4 Million | $ 4.1 Million | $ 6.8 Million | 6.4% |
Rest of Middle East Cable Stripping Machine Market Sales Revenue | $ 4.1 Million | $ 4.8 Million | $ 6.5 Million | 4% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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Market Split by Stripping Method |
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Market Split by Capacity |
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Market Split by Material Type |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers:
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Market Restrains:
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Market Trends:
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Report scope is customizable as we have a huge database of Cable Stripping Machine industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Cable Stripping Machine Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Wires and cables can have their coating or insulation removed using stripping machines. These highly automated devices are useful for precise and effective wire stripping for a range of industrial uses. Microprocessor controls, servo motor systems, and LCD screens that let the operator adjust the cut length, peel film length, and display lines are some typical elements of the stripping machine. Heavy wire handling applications are frequent in industries including manufacturing, construction, and automotive, where strippers play a crucial role in wire handling processes. In order to precisely and effectively remove the insulation or sheath without causing any damage to the underlying wire, stripping machines frequently combine blades and rollers. Demands for wire stripping machines that are specifically tailored to the demands of businesses are growing. More versatile and flexible wire stripping machines are anticipated as a result of this.
In April 2022, after installation, KMEZ, JSC finished the new MESCO robotic cathode stripping equipment. It weighs, evaluates, and packs and labels cathodes in accordance with customer specifications. (Source: https://www.rusbiznews.com/news/n3148.html)
The market for cable stripping machines is mostly driven by the increasing requirement for specialist wire stripping equipment. The need for particular cable types—such as those utilized in renewable energy, telecommunications, and automotive applications—has expanded as businesses grow and technology progresses. To handle a variety of materials and insulation types without harming conductors, these industries need precision stripping capabilities. Additionally, firms are searching for machines customized to meet their specific needs as a result of the trend toward automation and better production efficiency. By enabling quicker processing and reducing human labor, specialized wire stripping equipment increases production. Furthermore, as businesses place a greater emphasis on sustainability, recycling-specific equipment and environmentally friendly methods are becoming more popular. It is anticipated that the increasing focus on specialized solutions would spur industry expansion and innovation, allowing companies to effectively and efficiently adapt to changing customer needs.
The market for cable stripping machines is mostly driven by the increasing use of automation in manufacturing processes. Automation increases cable processing precision, lowers labor costs, and increases efficiency. Modern machinery that requires less human intervention to operate is what manufacturers are increasingly looking for in order to achieve higher production rates and consistent quality. With features like real-time monitoring and adjustable controls, automated cable stripping machines allow manufacturers to streamline their processes. This trend is especially noticeable in sectors where large-volume production and customization are in high demand, such as the automotive and telecommunications industries. The demand for automated solutions in cable stripping will only increase as businesses adopt Industry 4.0, propelling market expansion.
The market for wire stripping machines is anticipated to expand in the upcoming years, but a variety of obstacles could limit that expansion. These elements include the expensive price of wire stripping machinery, the scarcity of knowledgeable workers, technical difficulties, competition from manual wire stripping, ignorance, legal restrictions, and prevailing economic conditions. For some organizations, the high cost of wire stripping machines might be a deterrent to starting up. Furthermore, wire stripping machines can be difficult to operate, so companies may need to spend money on employee training. For certain firms, manual wire stripping remains a popular alternative because it can be less expensive than employing wire stripping machines.
Covid-19 had a significant impact on the Cable Stripping Machine Market. Lockdowns and other limitations at first caused production to stop, which cost firms more money and caused delays. Nonetheless, industries like electronics and telecommunications, which adjusted to growing connectivity requirements, saw a surge in demand for effective cable processing due to the shift toward remote work and digitalization. The pandemic also brought attention to the value of automation, which encouraged companies to spend money on cutting-edge wire stripping systems for increased productivity and security. The market is anticipated to grow again when economies improve, propelled by new infrastructure initiatives and an emphasis on environmentally friendly cable production methods.
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In the Cable Stripping Machine Market's competitive landscape, numerous key competitors are driving innovation and growth. Leading companies are concentrating on a number of crucial business tactics, including joint ventures, partnerships, mergers and acquisitions, and product breakthroughs, in order to broaden their product offerings and raise their individual market shares in various geographic areas. Market rivalry is encouraging technological and design innovations to create Cable Stripping Machine that fulfill both consumer wants and sustainability goals, keeping the market dynamic and competitive.
Top Companies Market Share in Cable Stripping Machine Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America currently dominates the Cable Stripping Machine market, and the region is expected to have significant growth during the projected period, fueled by advanced manufacturing industries and a strong push toward automation in North America, with subsegments concentrating on industrial applications in industries like electronics and automotive.
Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR), due to its fast industrialization and growing electrical infrastructure. Here, high-volume production lines and machinery designed for small to medium-sized businesses are two important subsegments.
The current report Scope analyzes Cable Stripping Machine Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Cable Stripping Machine Market size was estimated at USD 561.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 224.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Europe Cable Stripping Machine Market will be USD 168.45 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031. Increasing focus on recycling and waste reduction is expected to aid the sales to USD 227.4 million by 2031
Asia Pacific Cable Stripping Machine Market will be USD 129.15 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031. Rapid industrialisation and urbanisation are expected to aid the sales to USD 205.0 million by 2031
Latin America's Cable Stripping Machine Market will be USD 28.08 million in 2024 and is estimated to grow at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031. The market is foreseen to reach USD 42.4 million by 2031 due to rising industrial sector.
The Middle East and Africa Cable Stripping Machine Market will be USD 11.23 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031. The market is foreseen to reach USD 16.8 million by 2031, owing to the country's strong focus on ongoing infrastructure developments.
Global Cable Stripping Machine Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Cable Stripping Machine Industry growth. Cable Stripping Machine market has been segmented with the help of its Type, Application Stripping Method, and others. Cable Stripping Machine market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, manual wire stripping machine are likely to dominate the Cable Stripping Machine Market over the forecast period. Coaxial cables, flexible and semi-flexible cables, and other wires of various sizes and types can all be stripped using the semi-automatic stripping machines that are on the market. With the user guiding the cable through the machine and the stripping process being semi-automatic, these machines provide a good compromise between manual and automated stripping.
The automatic wire stripping machine is the fastest-growing segment in the Cable Stripping Machine Market. There are many segments in the market for automatic wire stripping machines, such as industrial, bench-top, and handheld variants. These machines serve a variety of industries, including electronics, construction, and manufacturing, and they differ in capacity, automation degree, and application.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Cable Stripping Machine Industry. Request a Free Sample PDF!
According to Cognitive Market Research, the automotive segment holds the largest share of the market. The automobile industry has numerous applications that require precise and effective wire processing. These devices are used to strip cables of all shapes and sizes, including flexible and semi-flexible cables as well as coaxial cables.
In the Cable Stripping Machine Market, the consumer electronics has been expanding at a rapid pace. Rapid technological improvements necessitate high-speed and accurate wire processing to maintain optimal performance and dependability in the consumer electronics subsegment, which manufactures gadgets like smartphones, computers, and household appliances. This calls for wire stripping solutions.
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According to Cognitive Market Research, The chemical segment holds the largest market share. Using solvents to dissolve insulation, the chemical stripping method significantly reduces conductor damage. Recycling and delicate applications that call for accuracy are driving up its popularity.
In the Cable Stripping Machine Market, the rapidly growing sector is the abrasive category. The use of abrasive materials to remove insulation from cables is the main objective of the cable stripping machine market's abrasive stripping method segment.
According to Cognitive Market Research, The high capacity segment holds the largest market share. The cable stripping machine market's high-capacity category is dominated by devices made for bulk processing, which boosts production and efficiency in settings requiring extensive manufacturing.
In the Cable Stripping Machine Market, the rapidly growing sector is the medium. In the cable stripping machine market, the medium-capacity category serves companies that require a balance between efficiency and versatility, making it appropriate for modest production demands across a range of industries.
According to Cognitive Market Research, Copper cable, which comprises categories including bare copper, tinned copper, and copper alloys, is a market category for cable stripping machines. For a variety of applications in the automotive, telecommunications, and electrical industries, each kind calls for specialized stripping methods and tools.
Food retail is projected to be the fastest-growing segment in the Cable Stripping Machine Market, includes a component dedicated to aluminium cables that includes both bare and alloyed aluminium cables. These devices are made for particular stripping methods and have uses in the telecommunications, power distribution, and building sectors.
Research Associate at Cognitive Market Research
I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.
I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.
Conclusion
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Automatic wire stripping machine, Manual wire stripping machine |
Application | Consumer electronics, Automotive, Equipment control, Communication industry |
Stripping Method | Cutting, Thermal, Abrasive, Mechanical, Laser, Chemical |
Capacity | Low, Medium, High |
Material Type | Copper Cables, Aluminum Cables |
List of Competitors | Schleuniger, Komax, Eraser, Kodera, MKElectronics, ArtosEngineering, CarpenterMfg, MachineMakers, ArnoFuchs, Metzner, MapleLegendInc., Daumak, Kingsingmachinery, Wingud, Junquan, HongrigangAutomation, CheersElectronic |
This chapter will help you gain GLOBAL Market Analysis of Cable Stripping Machine. Further deep in this chapter, you will be able to review Global Cable Stripping Machine Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Cable Stripping Machine. Further deep in this chapter, you will be able to review North America Cable Stripping Machine Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Cable Stripping Machine. Further deep in this chapter, you will be able to review Europe Cable Stripping Machine Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Cable Stripping Machine. Further deep in this chapter, you will be able to review Asia Pacific Cable Stripping Machine Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Cable Stripping Machine. Further deep in this chapter, you will be able to review South America Cable Stripping Machine Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Cable Stripping Machine. Further deep in this chapter, you will be able to review Middle East Cable Stripping Machine Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Cable Stripping Machine. Further deep in this chapter, you will be able to review Middle East Cable Stripping Machine Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Cable Stripping Machine. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
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Chapter 11 Market Split by Application Analysis 2021 - 2033
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Chapter 12 Market Split by Stripping Method Analysis 2021 - 2033
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Chapter 13 Market Split by Capacity Analysis 2021 - 2033
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Chapter 14 Market Split by Material Type Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Cable Stripping Machine market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 16 Research Methodology and Sources
Why Automatic wire stripping machine have a significant impact on Cable Stripping Machine market? |
What are the key factors affecting the Automatic wire stripping machine and Manual wire stripping machine of Cable Stripping Machine Market? |
What is the CAGR/Growth Rate of Consumer electronics during the forecast period? |
By type, which segment accounted for largest share of the global Cable Stripping Machine Market? |
Which region is expected to dominate the global Cable Stripping Machine Market within the forecast period? |
Segmentation Level Customization |
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Country level Data Customization |
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Additional Qualitative Data |
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Service Level Customization |
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