PUBLISHER: Allied Market Research | PRODUCT CODE: 1566830
PUBLISHER: Allied Market Research | PRODUCT CODE: 1566830
Wire Pulling And Tensioning Market By Type, By Application : Global Opportunity Analysis and Industry Forecast, 2024-2032
Wire Pulling and Tensioning Market
The wire pulling and tensioning market was valued at $3.2 billion in 2023 and is projected to reach $7.1 billion by 2032, growing at a CAGR of 9.1% from 2024 to 2032.
Wire pulling and tensioning system is pivotal for the efficient & secure installation of electrical cables to ensure minimal damage and optimal performance. Key components of the system include pulling grips for cable handling, lubricants to reduce friction, tensioners for maintaining appropriate tension, and sheaves to guide cables. The wire pulling and tensioning aids in preventing breakage & stretching of cables and assuring precise alignment, which is essential for reliability and longevity of infrastructure.
Rise in urbanization drives the wire pulling and tensioning market due to increase in infrastructure development and expansion of power & telecommunication sectors. In addition, technological advancements in the market such as automation of tensioning system are augmenting the market growth. Currently, the integration of sensors for data logging and real-time monitoring is gaining traction in the market. These sensors monitor pulling force, tension, distance, and speed, hence enabling automatic adjustments to maintain optimal conditions
However, the high upfront costs associated with the purchase of equipment and hiring of skilled labor force for operation act as a significant hindrance for several small-scale operators in the wire pulling and tensioning system market. On the contrary, expansion of the Industry 4.0 is presenting novel opportunities for market expansion. For instance, wire pulling and tensioning systems are being assimilated with digital twin technology for the simulation of several parameters before deployment. This assimilation enhances the reliability of the system and boosts its sales.
Segment Review
The wire pulling and tensioning market is segmented into type, application, and region. On the basis of type, the market is divided into manual wire pulling & tensioning equipment, electric wire pulling & tensioning equipment, hydraulic wire pulling & tensioning equipment, and pneumatic wire pulling & tensioning equipment. By application, it is classified into construction, power transmission & distribution, telecommunication, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Key Findings
On the basis of type, the manual wire pulling & tensioning equipment segment held the highest market share in 2023.
By application, the construction segment was the largest shareholder in 2023.
Region wise, Asia-Pacific was the highest revenue-generator in 2023
Competition Analysis
The major players operating in the global wire pulling and tensioning market include Greenlee (Emerson Electric Co), Southwire Company, LLC, Milwaukee Tool, Klein Tools, Inc., Hilti, General Machine Products Co., Inc., Current Tools Incorporated, Ideal Industries, Inc., Condux International Inc., and Ideal Networks Inc. These players have adopted various key developmental strategies such as business expansion, new product launches, and partnerships to strengthen their foothold in the market.
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- Average Selling Price Analysis / Price Point Analysis
- Historic market data
- Import Export Analysis/Data
- Key player details (including location, contact details, supplier/vendor network etc. in excel format)
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Key Market Segments
By Type
- Manual Wire Pulling and Tensioning Equipment
- Electric Wire Pulling and Tensioning Equipment
- Hydraulic Wire Pulling and Tensioning Equipment
- Pneumatic Wire Pulling and Tensioning Equipment
By Application
- Construction
- Power Transmission and Distribution
- Telecommunication
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- Latin America
- Brazil
- Chile
- Rest of LAMEA
- Middle East and Africa
- Saudi Arabia
- UAE
- Nigeria
- South Africa
- Rest of Middle East and Africa
Key Market Players:
- Greenlee (Emerson Electric Co)
- Southwire Company, LLC
- Milwaukee Tool
- Klein Tools, Inc.
- Hilti
- General Machine Products Co., Inc.
- Current Tools Incorporated
- Ideal Industries, Inc.
- Condux International Inc.
- Ideal Networks Inc.
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report Description
- 1.2. Key Market Segments
- 1.3. Key Benefits
- 1.4. Research Methodology
- 1.4.1. Primary Research
- 1.4.2. Secondary Research
- 1.4.3. Analyst Tools and Models
CHAPTER 2: EXECUTIVE SUMMARY
- 2.1. CXO Perspective
CHAPTER 3: MARKET LANDSCAPE
- 3.1. Market Definition and Scope
- 3.2. Key Findings
- 3.2.1. Top Investment Pockets
- 3.2.2. Top Winning Strategies
- 3.3. Porter's Five Forces Analysis
- 3.3.1. Bargaining Power of Suppliers
- 3.3.2. Threat of New Entrants
- 3.3.3. Threat of Substitutes
- 3.3.4. Competitive Rivalry
- 3.3.5. Bargaining Power among Buyers
- 3.4. Market Dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
CHAPTER 4: WIRE PULLING AND TENSIONING MARKET, BY TYPE
- 4.1. Market Overview
- 4.1.1 Market Size and Forecast, By Type
- 4.2. Manual Wire Pulling And Tensioning Equipment
- 4.2.1. Key Market Trends, Growth Factors and Opportunities
- 4.2.2. Market Size and Forecast, By Region
- 4.2.3. Market Share Analysis, By Country
- 4.3. Electric Wire Pulling And Tensioning Equipment
- 4.3.1. Key Market Trends, Growth Factors and Opportunities
- 4.3.2. Market Size and Forecast, By Region
- 4.3.3. Market Share Analysis, By Country
- 4.4. Hydraulic Wire Pulling And Tensioning Equipment
- 4.4.1. Key Market Trends, Growth Factors and Opportunities
- 4.4.2. Market Size and Forecast, By Region
- 4.4.3. Market Share Analysis, By Country
- 4.5. Pneumatic Wire Pulling And Tensioning Equipment
- 4.5.1. Key Market Trends, Growth Factors and Opportunities
- 4.5.2. Market Size and Forecast, By Region
- 4.5.3. Market Share Analysis, By Country
CHAPTER 5: WIRE PULLING AND TENSIONING MARKET, BY APPLICATION
- 5.1. Market Overview
- 5.1.1 Market Size and Forecast, By Application
- 5.2. Construction
- 5.2.1. Key Market Trends, Growth Factors and Opportunities
- 5.2.2. Market Size and Forecast, By Region
- 5.2.3. Market Share Analysis, By Country
- 5.3. Power Transmission And Distribution
- 5.3.1. Key Market Trends, Growth Factors and Opportunities
- 5.3.2. Market Size and Forecast, By Region
- 5.3.3. Market Share Analysis, By Country
- 5.4. Telecommunication
- 5.4.1. Key Market Trends, Growth Factors and Opportunities
- 5.4.2. Market Size and Forecast, By Region
- 5.4.3. Market Share Analysis, By Country
- 5.5. Others
- 5.5.1. Key Market Trends, Growth Factors and Opportunities
- 5.5.2. Market Size and Forecast, By Region
- 5.5.3. Market Share Analysis, By Country
CHAPTER 6: WIRE PULLING AND TENSIONING MARKET, BY REGION
- 6.1. Market Overview
- 6.1.1 Market Size and Forecast, By Region
- 6.2. North America
- 6.2.1. Key Market Trends and Opportunities
- 6.2.2. Market Size and Forecast, By Type
- 6.2.3. Market Size and Forecast, By Application
- 6.2.4. Market Size and Forecast, By Country
- 6.2.5. U.S. Wire Pulling And Tensioning Market
- 6.2.5.1. Market Size and Forecast, By Type
- 6.2.5.2. Market Size and Forecast, By Application
- 6.2.6. Canada Wire Pulling And Tensioning Market
- 6.2.6.1. Market Size and Forecast, By Type
- 6.2.6.2. Market Size and Forecast, By Application
- 6.2.7. Mexico Wire Pulling And Tensioning Market
- 6.2.7.1. Market Size and Forecast, By Type
- 6.2.7.2. Market Size and Forecast, By Application
- 6.3. Europe
- 6.3.1. Key Market Trends and Opportunities
- 6.3.2. Market Size and Forecast, By Type
- 6.3.3. Market Size and Forecast, By Application
- 6.3.4. Market Size and Forecast, By Country
- 6.3.5. France Wire Pulling And Tensioning Market
- 6.3.5.1. Market Size and Forecast, By Type
- 6.3.5.2. Market Size and Forecast, By Application
- 6.3.6. Germany Wire Pulling And Tensioning Market
- 6.3.6.1. Market Size and Forecast, By Type
- 6.3.6.2. Market Size and Forecast, By Application
- 6.3.7. Italy Wire Pulling And Tensioning Market
- 6.3.7.1. Market Size and Forecast, By Type
- 6.3.7.2. Market Size and Forecast, By Application
- 6.3.8. UK Wire Pulling And Tensioning Market
- 6.3.8.1. Market Size and Forecast, By Type
- 6.3.8.2. Market Size and Forecast, By Application
- 6.3.9. Rest of Europe Wire Pulling And Tensioning Market
- 6.3.9.1. Market Size and Forecast, By Type
- 6.3.9.2. Market Size and Forecast, By Application
- 6.4. Asia-Pacific
- 6.4.1. Key Market Trends and Opportunities
- 6.4.2. Market Size and Forecast, By Type
- 6.4.3. Market Size and Forecast, By Application
- 6.4.4. Market Size and Forecast, By Country
- 6.4.5. China Wire Pulling And Tensioning Market
- 6.4.5.1. Market Size and Forecast, By Type
- 6.4.5.2. Market Size and Forecast, By Application
- 6.4.6. Japan Wire Pulling And Tensioning Market
- 6.4.6.1. Market Size and Forecast, By Type
- 6.4.6.2. Market Size and Forecast, By Application
- 6.4.7. India Wire Pulling And Tensioning Market
- 6.4.7.1. Market Size and Forecast, By Type
- 6.4.7.2. Market Size and Forecast, By Application
- 6.4.8. South Korea Wire Pulling And Tensioning Market
- 6.4.8.1. Market Size and Forecast, By Type
- 6.4.8.2. Market Size and Forecast, By Application
- 6.4.9. Rest of Asia-Pacific Wire Pulling And Tensioning Market
- 6.4.9.1. Market Size and Forecast, By Type
- 6.4.9.2. Market Size and Forecast, By Application
- 6.5. Latin America
- 6.5.1. Key Market Trends and Opportunities
- 6.5.2. Market Size and Forecast, By Type
- 6.5.3. Market Size and Forecast, By Application
- 6.5.4. Market Size and Forecast, By Country
- 6.5.5. Brazil Wire Pulling And Tensioning Market
- 6.5.5.1. Market Size and Forecast, By Type
- 6.5.5.2. Market Size and Forecast, By Application
- 6.5.6. Chile Wire Pulling And Tensioning Market
- 6.5.6.1. Market Size and Forecast, By Type
- 6.5.6.2. Market Size and Forecast, By Application
- 6.5.7. Rest of LAMEA Wire Pulling And Tensioning Market
- 6.5.7.1. Market Size and Forecast, By Type
- 6.5.7.2. Market Size and Forecast, By Application
- 6.6. Middle East And Africa
- 6.6.1. Key Market Trends and Opportunities
- 6.6.2. Market Size and Forecast, By Type
- 6.6.3. Market Size and Forecast, By Application
- 6.6.4. Market Size and Forecast, By Country
- 6.6.5. Saudi Arabia Wire Pulling And Tensioning Market
- 6.6.5.1. Market Size and Forecast, By Type
- 6.6.5.2. Market Size and Forecast, By Application
- 6.6.6. UAE Wire Pulling And Tensioning Market
- 6.6.6.1. Market Size and Forecast, By Type
- 6.6.6.2. Market Size and Forecast, By Application
- 6.6.7. Nigeria Wire Pulling And Tensioning Market
- 6.6.7.1. Market Size and Forecast, By Type
- 6.6.7.2. Market Size and Forecast, By Application
- 6.6.8. South Africa Wire Pulling And Tensioning Market
- 6.6.8.1. Market Size and Forecast, By Type
- 6.6.8.2. Market Size and Forecast, By Application
- 6.6.9. Rest of Middle East And Africa Wire Pulling And Tensioning Market
- 6.6.9.1. Market Size and Forecast, By Type
- 6.6.9.2. Market Size and Forecast, By Application
CHAPTER 7: COMPETITIVE LANDSCAPE
- 7.1. Introduction
- 7.2. Top Winning Strategies
- 7.3. Product Mapping of Top 10 Player
- 7.4. Competitive Dashboard
- 7.5. Competitive Heatmap
- 7.6. Top Player Positioning, 2023
CHAPTER 8: COMPANY PROFILES
- 8.1. Greenlee (Emerson Electric Co)
- 8.1.1. Company Overview
- 8.1.2. Key Executives
- 8.1.3. Company Snapshot
- 8.1.4. Operating Business Segments
- 8.1.5. Product Portfolio
- 8.1.6. Business Performance
- 8.1.7. Key Strategic Moves and Developments
- 8.2. Southwire Company, LLC
- 8.2.1. Company Overview
- 8.2.2. Key Executives
- 8.2.3. Company Snapshot
- 8.2.4. Operating Business Segments
- 8.2.5. Product Portfolio
- 8.2.6. Business Performance
- 8.2.7. Key Strategic Moves and Developments
- 8.3. Milwaukee Tool
- 8.3.1. Company Overview
- 8.3.2. Key Executives
- 8.3.3. Company Snapshot
- 8.3.4. Operating Business Segments
- 8.3.5. Product Portfolio
- 8.3.6. Business Performance
- 8.3.7. Key Strategic Moves and Developments
- 8.4. Klein Tools, Inc.
- 8.4.1. Company Overview
- 8.4.2. Key Executives
- 8.4.3. Company Snapshot
- 8.4.4. Operating Business Segments
- 8.4.5. Product Portfolio
- 8.4.6. Business Performance
- 8.4.7. Key Strategic Moves and Developments
- 8.5. Hilti
- 8.5.1. Company Overview
- 8.5.2. Key Executives
- 8.5.3. Company Snapshot
- 8.5.4. Operating Business Segments
- 8.5.5. Product Portfolio
- 8.5.6. Business Performance
- 8.5.7. Key Strategic Moves and Developments
- 8.6. General Machine Products Co., Inc.
- 8.6.1. Company Overview
- 8.6.2. Key Executives
- 8.6.3. Company Snapshot
- 8.6.4. Operating Business Segments
- 8.6.5. Product Portfolio
- 8.6.6. Business Performance
- 8.6.7. Key Strategic Moves and Developments
- 8.7. Current Tools Incorporated
- 8.7.1. Company Overview
- 8.7.2. Key Executives
- 8.7.3. Company Snapshot
- 8.7.4. Operating Business Segments
- 8.7.5. Product Portfolio
- 8.7.6. Business Performance
- 8.7.7. Key Strategic Moves and Developments
- 8.8. Ideal Industries, Inc.
- 8.8.1. Company Overview
- 8.8.2. Key Executives
- 8.8.3. Company Snapshot
- 8.8.4. Operating Business Segments
- 8.8.5. Product Portfolio
- 8.8.6. Business Performance
- 8.8.7. Key Strategic Moves and Developments
- 8.9. Condux International Inc.
- 8.9.1. Company Overview
- 8.9.2. Key Executives
- 8.9.3. Company Snapshot
- 8.9.4. Operating Business Segments
- 8.9.5. Product Portfolio
- 8.9.6. Business Performance
- 8.9.7. Key Strategic Moves and Developments
- 8.10. Ideal Networks Inc.
- 8.10.1. Company Overview
- 8.10.2. Key Executives
- 8.10.3. Company Snapshot
- 8.10.4. Operating Business Segments
- 8.10.5. Product Portfolio
- 8.10.6. Business Performance
- 8.10.7. Key Strategic Moves and Developments
