

The global market for Wire Stripping Tool was valued at US$ 836 million in the year 2023 and is projected to reach a revised size of US$ 1108 million by 2030, growing at a CAGR of 4.1% during the forecast period.
A wire stripping tool is a device specifically designed to remove insulation from electrical wires. It is an essential tool for tasks like cutting wires and attaching terminals. The tool operates by slicing through the wire's insulation with either blades or rollers. There are two primary types: blade-type and roller-type, chosen based on the wire size.
Wire stripping tools are extensively used in electrical work, electronics projects, and various everyday scenarios that require insulation removal from wires. The tool functions by placing the wire within its grasp and utilizing the blades or rollers to strip off the insulation. Key characteristics of wire stripping tools include their ability to strip insulation safely and easily, suitability for a range of wire sizes, and cost-effectiveness.
North American market for Wire Stripping Tool is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Wire Stripping Tool is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Wire Stripping Tool include Molex, LLC, Daniels Manufacturing Corporation (DMC), WEICON GmbH & Co. KG, KNIPEX-Werk C. Gustav Putsch KG, Sonic Tools USA, Screwfix Direct Ltd, AB Tools, Bahco, Channellock, DEKTON, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Wire Stripping Tool, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wire Stripping Tool.
The Wire Stripping Tool market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Wire Stripping Tool market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Wire Stripping Tool manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Molex, LLC
Daniels Manufacturing Corporation (DMC)
WEICON GmbH & Co. KG
KNIPEX-Werk C. Gustav Putsch KG
Sonic Tools USA
Screwfix Direct Ltd
AB Tools
Bahco
Channellock
DEKTON
Draper Tools
by Type
Single Function
Multi-function
by Application
Electrical Work
Electronics Project
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Wire Stripping Tool manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Wire Stripping Tool in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Wire Stripping Tool Market Overview
1.1 Product Definition
1.2 Wire Stripping Tool by Type
1.2.1 Global Wire Stripping Tool Market Value Comparison by Type (2024-2030)
1.2.2 Single Function
1.2.3 Multi-function
1.3 Wire Stripping Tool by Application
1.3.1 Global Wire Stripping Tool Market Value by Application (2024-2030)
1.3.2 Electrical Work
1.3.3 Electronics Project
1.3.4 Others
1.4 Global Wire Stripping Tool Market Size Estimates and Forecasts
1.4.1 Global Wire Stripping Tool Revenue 2019-2030
1.4.2 Global Wire Stripping Tool Sales 2019-2030
1.4.3 Global Wire Stripping Tool Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Wire Stripping Tool Market Competition by Manufacturers
2.1 Global Wire Stripping Tool Sales Market Share by Manufacturers (2019-2024)
2.2 Global Wire Stripping Tool Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Wire Stripping Tool Average Price by Manufacturers (2019-2024)
2.4 Global Key Players of Wire Stripping Tool, Industry Ranking, 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Wire Stripping Tool, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Wire Stripping Tool, Product Type & Application
2.7 Global Key Manufacturers of Wire Stripping Tool, Date of Enter into This Industry
2.8 Global Wire Stripping Tool Market Competitive Situation and Trends
2.8.1 Global Wire Stripping Tool Market Concentration Rate
2.8.2 The Global 5 and 10 Largest Wire Stripping Tool Players Market Share by Revenue
2.8.3 Global Wire Stripping Tool Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.9 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Global Wire Stripping Tool Market Scenario by Region
3.1 Global Wire Stripping Tool Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Wire Stripping Tool Sales by Region: 2019-2030
3.2.1 Global Wire Stripping Tool Sales by Region: 2019-2024
3.2.2 Global Wire Stripping Tool Sales by Region: 2025-2030
3.3 Global Wire Stripping Tool Revenue by Region: 2019-2030
3.3.1 Global Wire Stripping Tool Revenue by Region: 2019-2024
3.3.2 Global Wire Stripping Tool Revenue by Region: 2025-2030
3.4 North America Wire Stripping Tool Market Facts & Figures by Country
3.4.1 North America Wire Stripping Tool Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Wire Stripping Tool Sales by Country (2019-2030)
3.4.3 North America Wire Stripping Tool Revenue by Country (2019-2030)
3.4.4 United States
3.4.5 Canada
3.5 Europe Wire Stripping Tool Market Facts & Figures by Country
3.5.1 Europe Wire Stripping Tool Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Wire Stripping Tool Sales by Country (2019-2030)
3.5.3 Europe Wire Stripping Tool Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Wire Stripping Tool Market Facts & Figures by Region
3.6.1 Asia Pacific Wire Stripping Tool Market Size by Region: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Wire Stripping Tool Sales by Region (2019-2030)
3.6.3 Asia Pacific Wire Stripping Tool Revenue by Region (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 China Taiwan
3.6.10 Southeast Asia
3.7 Latin America Wire Stripping Tool Market Facts & Figures by Country
3.7.1 Latin America Wire Stripping Tool Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Wire Stripping Tool Sales by Country (2019-2030)
3.7.3 Latin America Wire Stripping Tool Revenue by Country
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.7.7 Colombia
3.8 Middle East and Africa Wire Stripping Tool Market Facts & Figures by Country
3.8.1 Middle East and Africa Wire Stripping Tool Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Wire Stripping Tool Sales by Country (2019-2030)
3.8.3 Middle East and Africa Wire Stripping Tool Revenue by Country
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 UAE
4 Segment by Type
4.1 Global Wire Stripping Tool Sales by Type (2019-2030)
4.1.1 Global Wire Stripping Tool Sales by Type (2019-2024)
4.1.2 Global Wire Stripping Tool Sales by Type (2025-2030)
4.1.3 Global Wire Stripping Tool Sales Market Share by Type (2019-2030)
4.2 Global Wire Stripping Tool Revenue by Type (2019-2030)
4.2.1 Global Wire Stripping Tool Revenue by Type (2019-2024)
4.2.2 Global Wire Stripping Tool Revenue by Type (2025-2030)
4.2.3 Global Wire Stripping Tool Revenue Market Share by Type (2019-2030)
4.3 Global Wire Stripping Tool Price by Type (2019-2030)
5 Segment by Application
5.1 Global Wire Stripping Tool Sales by Application (2019-2030)
5.1.1 Global Wire Stripping Tool Sales by Application (2019-2024)
5.1.2 Global Wire Stripping Tool Sales by Application (2025-2030)
5.1.3 Global Wire Stripping Tool Sales Market Share by Application (2019-2030)
5.2 Global Wire Stripping Tool Revenue by Application (2019-2030)
5.2.1 Global Wire Stripping Tool Revenue by Application (2019-2024)
5.2.2 Global Wire Stripping Tool Revenue by Application (2025-2030)
5.2.3 Global Wire Stripping Tool Revenue Market Share by Application (2019-2030)
5.3 Global Wire Stripping Tool Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Molex, LLC
6.1.1 Molex, LLC Company Information
6.1.2 Molex, LLC Description and Business Overview
6.1.3 Molex, LLC Wire Stripping Tool Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Molex, LLC Wire Stripping Tool Product Portfolio
6.1.5 Molex, LLC Recent Developments/Updates
6.2 Daniels Manufacturing Corporation (DMC)
6.2.1 Daniels Manufacturing Corporation (DMC) Company Information
6.2.2 Daniels Manufacturing Corporation (DMC) Description and Business Overview
6.2.3 Daniels Manufacturing Corporation (DMC) Wire Stripping Tool Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Daniels Manufacturing Corporation (DMC) Wire Stripping Tool Product Portfolio
6.2.5 Daniels Manufacturing Corporation (DMC) Recent Developments/Updates
6.3 WEICON GmbH & Co. KG
6.3.1 WEICON GmbH & Co. KG Company Information
6.3.2 WEICON GmbH & Co. KG Description and Business Overview
6.3.3 WEICON GmbH & Co. KG Wire Stripping Tool Sales, Revenue and Gross Margin (2019-2024)
6.3.4 WEICON GmbH & Co. KG Wire Stripping Tool Product Portfolio
6.3.5 WEICON GmbH & Co. KG Recent Developments/Updates
6.4 KNIPEX-Werk C. Gustav Putsch KG
6.4.1 KNIPEX-Werk C. Gustav Putsch KG Company Information
6.4.2 KNIPEX-Werk C. Gustav Putsch KG Description and Business Overview
6.4.3 KNIPEX-Werk C. Gustav Putsch KG Wire Stripping Tool Sales, Revenue and Gross Margin (2019-2024)
6.4.4 KNIPEX-Werk C. Gustav Putsch KG Wire Stripping Tool Product Portfolio
6.4.5 KNIPEX-Werk C. Gustav Putsch KG Recent Developments/Updates
6.5 Sonic Tools USA
6.5.1 Sonic Tools USA Company Information
6.5.2 Sonic Tools USA Description and Business Overview
6.5.3 Sonic Tools USA Wire Stripping Tool Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Sonic Tools USA Wire Stripping Tool Product Portfolio
6.5.5 Sonic Tools USA Recent Developments/Updates
6.6 Screwfix Direct Ltd
6.6.1 Screwfix Direct Ltd Company Information
6.6.2 Screwfix Direct Ltd Description and Business Overview
6.6.3 Screwfix Direct Ltd Wire Stripping Tool Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Screwfix Direct Ltd Wire Stripping Tool Product Portfolio
6.6.5 Screwfix Direct Ltd Recent Developments/Updates
6.7 AB Tools
6.7.1 AB Tools Company Information
6.7.2 AB Tools Description and Business Overview
6.7.3 AB Tools Wire Stripping Tool Sales, Revenue and Gross Margin (2019-2024)
6.7.4 AB Tools Wire Stripping Tool Product Portfolio
6.7.5 AB Tools Recent Developments/Updates
6.8 Bahco
6.8.1 Bahco Company Information
6.8.2 Bahco Description and Business Overview
6.8.3 Bahco Wire Stripping Tool Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Bahco Wire Stripping Tool Product Portfolio
6.8.5 Bahco Recent Developments/Updates
6.9 Channellock
6.9.1 Channellock Company Information
6.9.2 Channellock Description and Business Overview
6.9.3 Channellock Wire Stripping Tool Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Channellock Wire Stripping Tool Product Portfolio
6.9.5 Channellock Recent Developments/Updates
6.10 DEKTON
6.10.1 DEKTON Company Information
6.10.2 DEKTON Description and Business Overview
6.10.3 DEKTON Wire Stripping Tool Sales, Revenue and Gross Margin (2019-2024)
6.10.4 DEKTON Wire Stripping Tool Product Portfolio
6.10.5 DEKTON Recent Developments/Updates
6.11 Draper Tools
6.11.1 Draper Tools Company Information
6.11.2 Draper Tools Description and Business Overview
6.11.3 Draper Tools Wire Stripping Tool Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Draper Tools Wire Stripping Tool Product Portfolio
6.11.5 Draper Tools Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Wire Stripping Tool Industry Chain Analysis
7.2 Wire Stripping Tool Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Wire Stripping Tool Production Mode & Process
7.4 Wire Stripping Tool Sales and Marketing
7.4.1 Wire Stripping Tool Sales Channels
7.4.2 Wire Stripping Tool Distributors
7.5 Wire Stripping Tool Customers
8 Wire Stripping Tool Market Dynamics
8.1 Wire Stripping Tool Industry Trends
8.2 Wire Stripping Tool Market Drivers
8.3 Wire Stripping Tool Market Challenges
8.4 Wire Stripping Tool Market Restraints
9 Research Findings and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Molex, LLC
Daniels Manufacturing Corporation (DMC)
WEICON GmbH & Co. KG
KNIPEX-Werk C. Gustav Putsch KG
Sonic Tools USA
Screwfix Direct Ltd
AB Tools
Bahco
Channellock
DEKTON
Draper Tools
Ìý
Ìý
*If Applicable.