As the automobile industry is going across the globe, the demand for the coil winding machines is growing. Different types of coils such as single phase and three phase coils are used; they also serve winding coil applications for devices like toroidal transformers, which rely on cylindered cores consisting of copper wire wrappings. The growth in construction market, automotive market, and others coupled with the growth and the need of coil winder machine market in forecasted years.
Market Scope and Structure Analysis
Electrical coil winding machines are used to wind coils for mortars, inductors, chokes, and others. Some electrical coil winding machines are used in automated coil winding and assembly, magnet wire winding, transformer winding, or motor winding applications. Suppliers of electrical coil winding machines also provide equipment for medical device assembly, micro-electronics assembly, and RFID assembly.
COVID-19 Impact analysis
- COVID-19 pandemic has shut-down large number construction sites, power plants, chemical storage industry, technology advancement companies and others. This has hampered the growth of coil winder machine market from the last few months and is likely to continue during 2021.
- COVID-19 has already affected the sales of coil winder machine. In the first quarter of 2021 and is anticipated to cause a negative impact on the market growth throughout the year.
- The major demand for coil winder machine was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, UK, and China, which are negatively affected by the spread of the coronavirus, thereby declining the demand of services for clay blocks.
- Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Key players of coil winder machine market are expected to afford a full lockdown only for a few months, after which the players have to modify their investment plans. For instance, various players in the market halted their service activities for several weeks to reduce the expenses. Whereas few players also adopted employee lay-offs to sustain during the COVID-19 health crisis
- Coil winder machine market is expected to focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19. For instance, provision of sanitizers, maintaining social distancing, as well as ensuring the vaccination of every employee in the company can assist in promoting the health & safety of the workforce.
Top Impacting Factors
One of the market drivers of coil winding machines is the rising demand for coil winder in textile industry; the rising trend of wearable embedded with electrical sensors gives an opportunity for innovation.
In addition, rise in the demand for energy in automotive emerging world and introduction of portable power devices play an important driver for coil winder machine market.
The most important barrier to the market growth of coil winder machine is the lack of education for using the advance machine tools, because of these reasons many developing regions of South America, Africa is still behind in market growth.
- Tuboly-Astronic introduced core manufacturing systems and special machines, such as our MRI winding machine, it is an automatic winding machine technology, which include plenty of PC control systems, too.
- The Winding Technology Ltd. introduced the WT 300 is a bench mounted coil winding machine specifically designed for the production of small to medium size coils and transformers. It is made of a high-quality steel framework and robust mechanical parts. The main spindle is driven by a 1.5kW servo motor, via a 2-step pulley to give a good range of speeds and torques.
Key Benefits of the Report
- This study presents the analytical depiction of the coil winder machine market making industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the coil winder machine market share.
- The current market is quantitatively analyzed to highlight the coil winder machine market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides detailed coil winder machine market analysis based on competitive intensity and how the competition will take shape in coming years.
Coil Winder Machine Market Report Highlights
By Product Type
By End Use Type
By Duty Level Type
Key Market Players
WELLYANG Electronics Technology., Broomfield, Gorman Machine Corp, Nittoku Engineering, Metar Machines, Bachi Company, Whitelegg Machines, BR Technologies, Micro Tool & Machine Ltd., Synthesis India Pvt Ltd.,, Bestec Co., Ltd., STO Group, ACME Mechatronics, Inc., B.M.P. & Equipment