Market Overview:
The global expanding mandrels market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The increasing demand for precision machining and the growing popularity of abrasive tools are some of the major factors driving the growth of this market. In addition, the rising demand for single taper collets and double taper collets is also contributing to the growth of this market. On the basis of type, single taper collet held a dominant position in 2017 and is expected to maintain its dominance during the forecast period as well. This can be attributed to its high accuracy and superior performance as compared to other types available in this market.
Product Definition:
A mandrel is a tool that is used to expand or contract the size of a hole. It can also be used to hold a workpiece in place while it is being drilled or machined.
Single Taper Collet:
Single taper collet is a tool that is used to hold the mandrel in place while filling the mold during the process of injection molding. It has an inner diameter sized to match the outside diameter of a corresponding hollow part inside an injection molded part. Single tapering collets are available in two basic designs, with and without flanges at both ends.
Double Taper Collet:
Double taper collet is a tool that is used to hold the work piece during the machining process. It has two tapered surfaces which are concentric and aligned in one unit. The double taper collet consists of an inner diameter gradually increases from base to neck, where as single tapering collet has a constant inner diameter throughout its length.
Application Insights:
The expanding mandrels market is segmented based on application into cutting tool, abrasive tool and others. Cutting tools are further categorized into woodworking, metal working and plastic working applications. Metal working was the largest application segment in 2017 owing to the rising demand for metals from various end-use industries such as construction, automotive and packaging among others.
Growing demand for high precision machining of complex parts with tight tolerances is expected to drive the product demand over the forecast period. In addition, growing use of expanding mandrels in drilling operations by way of providing a positive seating engagement with drill bit is anticipated to propel market growth over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing demand for metalworking machinery in emerging economies, such as China and India. In addition, rising number of manufacturing facilities in this region is anticipated to fuel product demand over the next eight years.
The market in Europe was valued at USD X million in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030 owing herring machine manufacturers shifting their production bases from developed regions like North America and Europe towards developing regions with cheaper labor cost such as Asia Pacific, Central & South America (CSA), and Middle East & Africa (MEA). Moreover, growing focus on quality by manufacturers coupled with stringent regulations aimed at ensuring safety during operations are likely drive product adoption across end-use industries including oil & gas sector which accounts for majority share across European countries including Germany; France; Italy; U K.
Growth Factors:
- Increasing demand for expanding mandrels in the automotive and aerospace industries due to their ability to produce high-quality parts with precise dimensions
- Growing popularity of metal 3D printing, which is fueling demand for expanding mandrels used in the production of metal parts
- Rising demand from emerging economies such as China and India as their manufacturing sectors continue to grow at a rapid pace
- Technological advancements that have led to the development of new and improved types of expanding mandrels, such as those with adjustable diameters
- The increasing use of composite materials in various applications, which is driving demand for expanding mandrels that can be used to form these materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Expanding Mandrels Market Research Report
By Type
Single Taper Collet, Double Taper Collet, Other
By Application
Cutting Tool, Abrasive Tool
By Companies
Kitagawa, Royal Products, Dunham Tool Company, Craftsman Tools, Positrol, SMW Autoblok, Ostermann, Guindy Machine Tools Ltd, Gleason Corporation, Precision Devices Inc., Xpandrel
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
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Expanding Mandrels Market Report Segments:
The global Expanding Mandrels market is segmented on the basis of:
Types
Single Taper Collet, Double Taper Collet, Other
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
Cutting Tool, Abrasive Tool
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:
- Kitagawa
- Royal Products
- Dunham Tool Company
- Craftsman Tools
- Positrol
- SMW Autoblok
- Ostermann
- Guindy Machine Tools Ltd
- Gleason Corporation
- Precision Devices Inc.
- Xpandrel
Highlights of The Expanding Mandrels 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:
- Single Taper Collet
- Double Taper Collet
- Other
- By Application:
- Cutting Tool
- Abrasive Tool
- 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 Expanding Mandrels 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
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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?
Expanding mandrels are a type of drill bit that is used to enlarge holes in metal. They are inserted into the hole and then rotated, which causes the bit to expand and create a larger hole.
Some of the key players operating in the expanding mandrels market are Kitagawa, Royal Products, Dunham Tool Company, Craftsman Tools, Positrol, SMW Autoblok, Ostermann, Guindy Machine Tools Ltd, Gleason Corporation, Precision Devices Inc., Xpandrel.
The expanding mandrels market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Expanding Mandrels Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Expanding Mandrels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Expanding Mandrels Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Expanding Mandrels Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Expanding Mandrels Market Size & Forecast, 2018-2028
4.5.1 Expanding Mandrels Market Size and Y-o-Y Growth
4.5.2 Expanding Mandrels Market Absolute $ Opportunity
Chapter 5 Global Expanding Mandrels Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Expanding Mandrels Market Size Forecast by Type
5.2.1 Single Taper Collet
5.2.2 Double Taper Collet
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Expanding Mandrels Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Expanding Mandrels Market Size Forecast by Applications
6.2.1 Cutting Tool
6.2.2 Abrasive Tool
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Expanding Mandrels Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Expanding Mandrels Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Expanding Mandrels Analysis and Forecast
9.1 Introduction
9.2 North America Expanding Mandrels Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Expanding Mandrels Market Size Forecast by Type
9.6.1 Single Taper Collet
9.6.2 Double Taper Collet
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Expanding Mandrels Market Size Forecast by Applications
9.10.1 Cutting Tool
9.10.2 Abrasive Tool
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Expanding Mandrels Analysis and Forecast
10.1 Introduction
10.2 Europe Expanding Mandrels Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Expanding Mandrels Market Size Forecast by Type
10.6.1 Single Taper Collet
10.6.2 Double Taper Collet
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Expanding Mandrels Market Size Forecast by Applications
10.10.1 Cutting Tool
10.10.2 Abrasive Tool
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Expanding Mandrels Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Expanding Mandrels Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Expanding Mandrels Market Size Forecast by Type
11.6.1 Single Taper Collet
11.6.2 Double Taper Collet
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Expanding Mandrels Market Size Forecast by Applications
11.10.1 Cutting Tool
11.10.2 Abrasive Tool
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Expanding Mandrels Analysis and Forecast
12.1 Introduction
12.2 Latin America Expanding Mandrels Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Expanding Mandrels Market Size Forecast by Type
12.6.1 Single Taper Collet
12.6.2 Double Taper Collet
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Expanding Mandrels Market Size Forecast by Applications
12.10.1 Cutting Tool
12.10.2 Abrasive Tool
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Expanding Mandrels Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Expanding Mandrels Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Expanding Mandrels Market Size Forecast by Type
13.6.1 Single Taper Collet
13.6.2 Double Taper Collet
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Expanding Mandrels Market Size Forecast by Applications
13.10.1 Cutting Tool
13.10.2 Abrasive Tool
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Expanding Mandrels Market: Competitive Dashboard
14.2 Global Expanding Mandrels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kitagawa
14.3.2 Royal Products
14.3.3 Dunham Tool Company
14.3.4 Craftsman Tools
14.3.5 Positrol
14.3.6 SMW Autoblok
14.3.7 Ostermann
14.3.8 Guindy Machine Tools Ltd
14.3.9 Gleason Corporation
14.3.10 Precision Devices Inc.
14.3.11 Xpandrel
