Coil Winder Machine Market Size, Share, and Industry Analysis By Type (Automatic Coil Winding Machine, Semi-automatic Coil Winding Machine, and Manual Coil Winding Machine), By Duty Level (Light Duty, Medium Duty, and Heavy Duty), By End User Industry (Automotive, Electronics, Industrial, and Others), and Regional Forecast till 2032

The global coil winder machine market is expanding owing to an upsurge in the demand for high-quality coils by EVs. Coil winding is the process of creating an electromagnetic coil with the help of a series of loops, which is utilized in a variety of industrial applications. Ideally, the winders are employed in components such as relays, chokes, transformers, solenoids, and electric motors.

• Data from the International Renewable Energy Agency (IRENA) shows that the global renewable energy capacity was estimated to increase by over 10% in 2022. This indicates a growing market for coil winding equipment used in renewable energy applications. This growth is due to the increased demand for efficient coil winding solutions across various industries to meet the needs of modern technology and infrastructure development.

Coil Winder Market Driver

Drive for Automation and Digitization in Manufacturing to Accelerate the Development of Advanced and Efficient Machines

The integration of advanced features such as automatic wire guidance and tension control into coil winder machines is accelerating production rates and enhancing product quality. Furthermore, the increasing adoption of programmable controllers, sensors, and other digital technologies is fueling market growth.

• According to the U.S. Bureau of Labor Statistics, although the overall employment for coil winders, tapers, and finishers is projected to decline, the push for automation and advanced manufacturing technologies is expected to enhance efficiency and productivity in the sector​.

The surge in energy consumption within the automotive sector of emerging economies and the growing popularity of portable power devices are primary catalysts for the expansion of the coil winder machine market.

Coil Winder Market Restraint

High Upfront Costs of Advanced Coil Winding Machines May Hinder Market Growth

SMEs often have restricted financial resources, making it challenging to allocate a significant portion of their budget to capital-intensive equipment such as advanced coil winder machines. Rapid technological advancements in the coil winding industry can lead to concerns about the equipment becoming outdated quickly, increasing the risk of financial loss for SMEs.

• According to a survey by the National Small Business Association, 45% of small businesses cite the cost of technology as a major challenge. The fast pace of innovation increases the risk of financial loss for SMEs, as they may need to upgrade or replace equipment sooner than anticipated to remain competitive. This concern is compounded by the fact that many SMEs lack the financial resilience to absorb such risks, further deterring them from investing in advanced coil winding technologies.

Coil Winder Market Opportunity

Expansion of the EV Market to Offer Lucrative Growth Opportunities

The growth of the electric vehicle (EV) market offers substantial opportunities for coil winder machine manufacturers. The increasing demand for EV components, such as electric motors and transformers, creates a favorable market environment for advanced coil winding technologies.

• As per the International Energy Agency, the global EV sales surpassed 10 million in 2020, with sales increasing by 41% compared to the previous year. This rapid growth trajectory is expected to continue, with EV sales projected to reach 23 million annually by 2030.

Segmentation

Key Insights

The report covers the following key insights:

• Recent Advancement in the Coil Winder Market
• Key Industry Development (Mergers, Acquisitions, and Partnerships)
• Impact of COVID-19 on the Market 
• Key Industry Trends
• Regulatory Landscape for the Coil Winder market

Analysis by Type

Based on type, the global market is segmented into automatic, semi-automatic, and manual coil winding machines.

Among these, automatic coil winding machines stand out due to their high level of automation, enabling precise and efficient coil winding. These machines can wind coils significantly faster than manual winding machines, resulting in higher productivity and efficiency. Consequently, they are widely used in the manufacturing of electric motors, generators, transformers, and similar applications.

• Automatic coil winding machines are essential in the manufacturing of electric motors. Electric motors' major applications are in electric vehicles, and according to the International Energy Agency, the rapidly growing electric vehicle (EV) market is expected to see 23 million annual sales by 2030.

Analysis by Duty Level

Based on duty level, the market is segmented into light duty, medium duty, and heavy duty.

Light-duty coil winders are designed for small-scale operations and applications that require low to moderate production volumes. These machines are typically used in industries such as electronics and small electrical components manufacturing.

• The consumer electronics sector alone was valued at USD 1.1 trillion in 2020, with continued growth expected over the coming years, according to the Consumer Technology Association (CTA).

Analysis by End User Industry

Based on end user industry, the market is fragmented into automotive, electronics, industrial, and others.

The automotive industry is a significant consumer of coil-winding machines, primarily driven by the increasing production of electric vehicles (EVs) and advancements in automotive electronics.

• According to the International Energy Agency (IEA), the global EV sales reached 10 million in 2020, with an expected annual sales volume of 23 million by 2030. This surge in EV production drives the demand for coil winders used in manufacturing electric motors and related components.

The electronics industry relies heavily on coil-winding machines to manufacture a wide array of components, such as transformers, inductors, and others, used in various electronic devices.

• As per the U.S. Bureau of Labor Statistics, industries such as semiconductor manufacturing and electrical equipment manufacturing employ a significant number of electrical and electronic equipment assemblers, highlighting the critical role of coil winding machines in these sectors. In 2023, these industries had over 56,220 and 30,740 employees, respectively, emphasizing the demand for precision winding technologies in electronics production​ (BLS)​.

Regional Analysis

To gain extensive insights into the market, Download for Customization

Based on region, the market has been studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

North America holds a significant share of the coil winding market, driven by robust industrial sectors and technological advancements. The region is home to several leading manufacturers and has a strong demand for advanced coil winder machines.

• According to the International Energy Agency (IEA), the U.S. is one of the largest markets for EVs, with sales expected to grow substantially over the coming years. This growth fuels the demand for coil-winding machines used in electric motor manufacturing.

Europe is another major market for coil winder machines, characterized by strong industrial activities and stringent regulations promoting energy efficiency and renewable energy adoption.

• The European Commission has established ambitious goals for cutting carbon emissions and boosting the proportion of renewable energy. This regulatory framework boosts the demand for coil-winding machines used in renewable energy and automotive applications.

Key Players Covered

• Nittoku Engineering (Japan)
• Odawara (Japan)
• Marsilli (Italy)
• TANAC (Japan)
• Bestec Co., Ltd. (Japan)
• Jovil Universal (Spain)
• Jinkang Precision Mechanism (China)
• Whitelegg Machines (U.K.)
• Synthesis (U.S.)
• Detzo (Germany)
• Broomfield (U.S.)
• Gorman Machine Corp (U.S.)
• BR Technologies (U.S.)
• Metar Machines (Turkey)
• Micro Tool & Machine Ltd. (U.K.)

Key Industry Developments

• In August 2021, Rieter strategically acquired three companies from Saurer. This acquisition included the premium automatic winding technology business, complementing Rieter's ring and compact-spinning system. This move sets the stage for Rieter to further solidify its strong market position.
• In June 2020, Carbex decided to hand over the sale of the majority of the items in the area component/coil winding material to the affiliated company BEVI. The assortment comprises slip rings, high voltage cables, flexible insulating material, fiberglass epoxy, fiberglass laminate, phenolic bakelite fabric/paper, temperature sensors, electrolyte capacitors, tape, adhesive tape, impregnation varnishes, and castings. BEVI would additionally have the capability to provide carbon brushes and brush holders from Carbex.