The global electro magnetic chucks market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing demand for high-quality products in various industries such as automotive, aerospace and defense, and construction & engineering. The increasing demand for these products is also due to their ability to provide accurate results with minimal or no wear and tear on the machine tooling.
The global electro magnetic chucks market has been segmented on the basis of type into rectangular chucks and round chucks; application into grinding machines, milling machines, cutting machines, lathe machines; and region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA).
- The increasing demand for high-performance and high-quality products in the global market is expected to drive the Electro Magnetic Chucks market growth.
- The increasing number of mergers and acquisitions in the global Electro Magnetic Chucks market is expected to provide a significant opportunity for new entrants in this market.
- The growing need for automation in various industries, such as automotive, aerospace, and electronics is expected to fuel the Electro Magnetic Chucks market growth over the forecast period.
- Increasing investments by governments across different regions of the world on research and development activities are also anticipated to boost the Electro Magnetic Chucks market growth over time.
- Increasing demand from emerging economies such as China, India, Brazil, Russia etc, is also anticipated to fuel the global Electro Magnetic Chucks Market.
Industry Growth Insights published a new data on “Electro Magnetic Chucks Market”. The research report is titled “Electro Magnetic Chucks Market research by Types (Rectangular Chucks, Round Chucks), By Applications (Grinding Machines, Milling Machine, Cutting Machines, Lathe Machines, Others), By Players/Companies Kanetec, Hishiko Corporation, Walmag Magnetics, Magnetool, Inc., Sarda Magnets Group, Walker Magnetics (Alliance Holdings), BRAILLON MAGNETICS, Eclipse Magnetics (Spear & Jackson), GUANG DAR Magnet, Tecnomagnete S.p.A., Earth-Chain Enterprise, Magna-Lock USA (Obsidian Manufacturing Industries), Uptech Engineering”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electro Magnetic Chucks Market Research Report
By Type
Rectangular Chucks, Round Chucks
By Application
Grinding Machines, Milling Machine, Cutting Machines, Lathe Machines, Others
By Companies
Kanetec, Hishiko Corporation, Walmag Magnetics, Magnetool, Inc., Sarda Magnets Group, Walker Magnetics (Alliance Holdings), BRAILLON MAGNETICS, Eclipse Magnetics (Spear & Jackson), GUANG DAR Magnet, Tecnomagnete S.p.A., Earth-Chain Enterprise, Magna-Lock USA (Obsidian Manufacturing Industries), Uptech Engineering
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Electro Magnetic Chucks Market Report Segments:
The global Electro Magnetic Chucks market is segmented on the basis of:
Types
Rectangular Chucks, Round Chucks
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Grinding Machines, Milling Machine, Cutting Machines, Lathe Machines, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kanetec
- Hishiko Corporation
- Walmag Magnetics
- Magnetool, Inc.
- Sarda Magnets Group
- Walker Magnetics (Alliance Holdings)
- BRAILLON MAGNETICS
- Eclipse Magnetics (Spear & Jackson)
- GUANG DAR Magnet
- Tecnomagnete S.p.A.
- Earth-Chain Enterprise
- Magna-Lock USA (Obsidian Manufacturing Industries)
- Uptech Engineering
Highlights of The Electro Magnetic Chucks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rectangular Chucks
- Round Chucks
- By Application:
- Grinding Machines
- Milling Machine
- Cutting Machines
- Lathe Machines
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electro Magnetic Chucks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electromagnetic chucks are a type of tool used to remove material by using an electric current. The electric current causes the metal to heat up, which in turn causes it to pull away from the workpiece.
Some of the major companies in the electro magnetic chucks market are Kanetec, Hishiko Corporation, Walmag Magnetics, Magnetool, Inc., Sarda Magnets Group, Walker Magnetics (Alliance Holdings), BRAILLON MAGNETICS, Eclipse Magnetics (Spear & Jackson), GUANG DAR Magnet, Tecnomagnete S.p.A., Earth-Chain Enterprise, Magna-Lock USA (Obsidian Manufacturing Industries), Uptech Engineering.
The electro magnetic chucks market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electro Magnetic Chucks Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electro Magnetic Chucks Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electro Magnetic Chucks Market - Supply Chain
4.5. Global Electro Magnetic Chucks Market Forecast
4.5.1. Electro Magnetic Chucks Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electro Magnetic Chucks Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electro Magnetic Chucks Market Absolute $ Opportunity
5. Global Electro Magnetic Chucks Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electro Magnetic Chucks Market Size and Volume Forecast by Type
5.3.1. Rectangular Chucks
5.3.2. Round Chucks
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electro Magnetic Chucks Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electro Magnetic Chucks Market Size and Volume Forecast by Application
6.3.1. Grinding Machines
6.3.2. Milling Machine
6.3.3. Cutting Machines
6.3.4. Lathe Machines
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electro Magnetic Chucks Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electro Magnetic Chucks Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electro Magnetic Chucks Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electro Magnetic Chucks Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electro Magnetic Chucks Demand Share Forecast, 2019-2026
9. North America Electro Magnetic Chucks Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electro Magnetic Chucks Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electro Magnetic Chucks Market Size and Volume Forecast by Application
9.4.1. Grinding Machines
9.4.2. Milling Machine
9.4.3. Cutting Machines
9.4.4. Lathe Machines
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electro Magnetic Chucks Market Size and Volume Forecast by Type
9.7.1. Rectangular Chucks
9.7.2. Round Chucks
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electro Magnetic Chucks Demand Share Forecast, 2019-2026
10. Latin America Electro Magnetic Chucks Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electro Magnetic Chucks Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electro Magnetic Chucks Market Size and Volume Forecast by Application
10.4.1. Grinding Machines
10.4.2. Milling Machine
10.4.3. Cutting Machines
10.4.4. Lathe Machines
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electro Magnetic Chucks Market Size and Volume Forecast by Type
10.7.1. Rectangular Chucks
10.7.2. Round Chucks
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electro Magnetic Chucks Demand Share Forecast, 2019-2026
11. Europe Electro Magnetic Chucks Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electro Magnetic Chucks Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electro Magnetic Chucks Market Size and Volume Forecast by Application
11.4.1. Grinding Machines
11.4.2. Milling Machine
11.4.3. Cutting Machines
11.4.4. Lathe Machines
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electro Magnetic Chucks Market Size and Volume Forecast by Type
11.7.1. Rectangular Chucks
11.7.2. Round Chucks
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electro Magnetic Chucks Demand Share, 2019-2026
12. Asia Pacific Electro Magnetic Chucks Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electro Magnetic Chucks Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electro Magnetic Chucks Market Size and Volume Forecast by Application
12.4.1. Grinding Machines
12.4.2. Milling Machine
12.4.3. Cutting Machines
12.4.4. Lathe Machines
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electro Magnetic Chucks Market Size and Volume Forecast by Type
12.7.1. Rectangular Chucks
12.7.2. Round Chucks
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electro Magnetic Chucks Demand Share, 2019-2026
13. Middle East & Africa Electro Magnetic Chucks Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electro Magnetic Chucks Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electro Magnetic Chucks Market Size and Volume Forecast by Application
13.4.1. Grinding Machines
13.4.2. Milling Machine
13.4.3. Cutting Machines
13.4.4. Lathe Machines
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electro Magnetic Chucks Market Size and Volume Forecast by Type
13.7.1. Rectangular Chucks
13.7.2. Round Chucks
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electro Magnetic Chucks Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electro Magnetic Chucks Market: Market Share Analysis
14.2. Electro Magnetic Chucks Distributors and Customers
14.3. Electro Magnetic Chucks Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Kanetec
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hishiko Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Walmag Magnetics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Magnetool, Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sarda Magnets Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Walker Magnetics (Alliance Holdings)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BRAILLON MAGNETICS
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Eclipse Magnetics (Spear & Jackson)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. GUANG DAR Magnet
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Tecnomagnete S.p.A.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Earth-Chain Enterprise
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Magna-Lock USA (Obsidian Manufacturing Industries)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Uptech Engineering
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
