| Recently, relevant industry reports showed that the market size of China's wire equipment industry will reach 12.86 billion yuan by 2025, of which the total proportion of twisted wire and bundle wire equipment is 38.1%, with a scale of 4.9 billion yuan. Looking ahead to 2026, as the structural upgrading of the industry continues to advance, the market for wire twisting and bundling machines will continue to experience steady growth, with intelligence and green development becoming the core directions.
From the perspective of market structure, the localization rate of mid-range models (with a unit price of 800000 to 2 million yuan) has reached 76.4%, an increase of 3.5 percentage points from 2024. Local enterprises have achieved systematic breakthroughs in key technological links such as precision control and multi axis collaboration. In the high-end market, the order volume of the third-generation intelligent wire twisting machine and wire bundling machine integrated with AGV automatic feeding and AI defect recognition is expected to increase by 35% year-on-year, covering new production capacity projects of leading cable enterprises such as Far East Smart Energy and Hengtong Optoelectronics.
The export market has also shown impressive performance. In 2025, China's exports of twisted wire machines and wire binding machines to Southeast Asia and the Middle East reached 970 million yuan, a year-on-year increase of 18.4%. Among them, the single contract amount of wire binding equipment purchased by VinFast Electric Vehicle Cable Factory in Vietnam exceeded 12 million yuan, marking the shift of domestic equipment from cost-effective output to scenario based solution output. In addition, green energy conservation has become a consensus in the industry, and energy-saving stranding machines and wire bundling machines using permanent magnet synchronous motors have gradually become mainstream in the market, reducing energy consumption by more than 30% compared to traditional models.
Industry insiders have stated that the industry is currently in a critical period of technological generational transition and concentration improvement driven by two wheels. Enterprises with core technology accumulation and deep downstream binding will continue to dominate, and the wire twisting and bundling machine industry will gradually enter a new stage of high-quality competition. |
