The Cable Tie Gun or tools are used to apply a cable tie with specific degree of tension which may cut off the extra trail which can otherwise cause some injury. On basis of product type the cable tie gun can be segmented into manual cable tie gun, automatic cable tie guns and pneumatic cable tie guns. In 2017, manual cable tie guns are seeing to grow at a high rate and is expected to hold the largest share of the cable tie gun market between 2017 and 2025.
In 2017, Global Cable Tie Guns total market size was 171.77 Million USD, with a steady growth in recent years, according to QYR analysis, the market is expected to reach 232.39 Million USD by the end of 2025. One of the salient features of cable tie guns market is the impact of cable tie development market, since these guns are frequently used in various applications for safe and secure routing of wire harnesses and cables these cable tie guns feature as one piece construction to produce a strong wrap.
Geographically, the consumption market is leading by North America and China, sales in Asia Pacific regions like Southeast Asia and India will see significant growth in future period. The cable tie guns are widely used in the Electronics, automotive and various other industries because of their reasonable prices and ease to use technique. In terms of year 2017, China holds the largest production market share, with about 32.01% market share in 2017.
Panduit and HellermannTyton are the biggest two players in Cable Tie Guns market, with about 20.81% and 19.98% market share separately in 2017. Other leading market players in Cable Tie Guns market include Thomas & Betts, Avery Dennison, IDEAL Industries, Greenlee Textron, TE Connectivity, Apex Tool Group and Klein Tools etc. the market competition may become more intense with more innovation products, acquisitions and improvement of raw material cost control and etc. New product techniques and new applications in the gun tie market are initiatives taken by industries to retain themselves in the competition as there are number of local players in every region for this market.
Each of the cable tie guns manufacturers has its own mature sales networks. Through retailer and resells, their authorized distributors or their partners, those cable tie guns manufacturers keep keen on expanding their Cable Tie Guns sales. To achieve better sales businesses, cable tie guns manufacturers usually invest on their marketing channel infrastructure every year.