About Coil Winding Machines
Coil Winding Machines enable to wind coils or twisting coils in a loop to be used in motors, transformers, chokes, and other electric machinery. The major type of coil winding machines being used in the industry are Toroidal, Transformer, Armature and Others. Automotive Sector and Electric Industry are the two significant end users of coil winding machines. On basis of technology, the machines are available in all manual, semi-automatic and fully automatic configurations. The market of Coil winding machines suffered some setback due to severe slowdown in manufacturing capabilities. Geographically, Asia Pacific is a significant market of the Coil Winding Machines.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 88.0% |
Growth in the End user industries specifically electronic and automotive industry has led to increasing demand for coil winding machines. Coil winding plays a significant role in the working of many electrical machinery and equipment thus the market is expected to witness prominent growth rate over the coming years. Rapid industrialisation in Asia Pacific is expected to result in it becoming a major market for coil winding machines. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Coil Winding Machines market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ACME Mechatronics, Inc. (United States), Bachi Company (United States), Metar Machines (Switzerland), B.M.P. & Equipment (India), WELLYANG Electronics Technology Co., Ltd. (China), Whitelegg Machines Ltd. (United Kingdom), Micro Tool & Machine Ltd. (Canada), Bestec Co., Ltd. (Japan), Nittoku Engineering Co., Ltd. (Japan) and Shining Sun Enterprise Co. Ltd. (Taiwan) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Gorman Machine Corp. (United States), Zhuhai Ascend Technology Co. Ltd. (China) and Jinkang Precision Mechanism Co. Ltd. (China).
Segmentation Overview
AMA Research has segmented the market of Global Coil Winding Machines market by Type (Toroidal Winding Machines, Armature Coil Winding Machines, Transformer Coil Winding Machines and Others) and Region.
On the basis of geography, the market of Coil Winding Machines has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Coil Winding Machines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology , the sub-segment i.e. Manual Coil Winding Machine will boost the Coil Winding Machines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Automotive will boost the Coil Winding Machines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Duty Level , the sub-segment i.e. Light Duty will boost the Coil Winding Machines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Electronic Accounts for One of the Largest Market Share
Market Growth Drivers:
Rapid Industrialisation in the Developing Countries and Growth in the Electronic and Automotive Industries
Challenges:
Presence of Large Number of Local Players
Restraints:
Slowdown in Manufacturing Due to Recent Pandemic has Negatively Impacted the Growth of the Coil Winding Machine Market
Opportunities:
Automatic Coil Winding Machines is expected to drive the Demand
Market Leaders and their expansionary development strategies
In 2020,BTSR INTERNATIONAL, an Italy based market innovator in development of advanced solutions for yarn control has announced launch of its CWF 2000 device which is based on the dual drive mechanism. It is called as first positive and driven” feeder which will provide balanced combination of feeding control and the accumulation control. The new system according to the company will allow a reform in Coil Winding Industry.
In August 2022,CVE have launched a new electron beam (EB) welding machine for electric vehicle (EV) components, including batteries, shunt resistors, motor stators, hairpins, and invertors.
Key Target Audience
Coil Winding Machines Manufacturers, Suppliers and Distributors, Component Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.