Market Overview:
The global handheld chamfering machines market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for handheld chamfering machines from various end-use industries, such as machine manufacturing, shipbuilding, aerospace, automotive, oil & gas and power utility. In addition, the growing demand for handheld chamfering machines from household applications is also contributing to the growth of this market. However, factors such as high initial cost and lack of skilled labor are restraining the growth of this market. On the basis of type, electric handheld chamfering machines accounted for a major share in 2017 and are expected to dominate during the forecast period owing to their advantages over pneumatic hand held chamferings machines such as low noise levels and easy portability.
Product Definition:
A handheld chamfering machine is a tool that is used to quickly and easily remove the sharp edges of metal or plastic parts. This can be done by using a rotating grinding bit to smooth out the edge, or by using a cutting blade to make a clean, beveled edge. Chamfering machines are often used in manufacturing settings, where they are used to prepare parts for assembly or welding. They can also be helpful in creating finished edges on products that will be displayed or sold to consumers.
Electric:
Handheld chamfering machines are used for roughing and finishing of various ferrous and non-ferrous metals. The market is expected to grow at a significant rate owing to the increasing demand from end-user industries such as automotive, aerospace & defense, construction equipment industry.
Pneumatic:
Pneumatic is the combination of compressed air and hydraulic system. It is used in handheld chamfering machines to provide pressure for the cutting tool or material to move. The pneumatic system uses compressed air as a power source which can be operated by electric motor, battery, solar power or fuel cell.
Application Insights:
The machine manufacturing segment dominated the global handheld chamfering machines market, accounting for a revenue share of over 35.0% in 2017. The growth can be attributed to the increasing demand for precision-made parts and components in various industries such as automotive, aerospace and defense, medical devices, etc. Furthermore, growing industrialization along with urbanization is expected to increase product demand in construction and infrastructure development activities across developing countries including China India Brazil Africa Australia Mexico Vietnam Indonesia Philippines Thailand Malaysia Argentina Peru Saudi Arabia Colombia Morocco South Africa Turkey).
The shipbuilding industry also accounted for a significant share owing to its rising requirement of hulls that are flat on both sides which helps enhance stability by reducing leeway or sideways movement of vessel when sailing windy conditions are prevalent (i.e., cross-sea waves).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for hand-held chamfering machines from countries, such as China, India, Japan, South Korea and Taiwan. These countries are involved in various industrial activities that involve usage of metal cutting tools for producing parts with complex shapes and surfaces. For instance, Taiwan Semiconductor Manufacturing Company (TSMC) uses handheld chamfering machines for producing chipsets used by different companies across the world.
The Asia Pacific market is also driven by growing shipbuilding industry in economies like China and India due to which there has been a significant increase in demand for metal shaping equipment including handheld chamfering machines over the past few years. Europe was another major regional segment that accounted for more than 20% revenue share in 2017 owing to high product adoption rate especially within machine manufacturing sector from Germany along with other European countries including Belgium.
Growth Factors:
- Increasing demand for handheld chamfering machines from the automotive and aerospace industries due to their ability to produce high-quality results in a short time frame.
- The increasing popularity of handheld chamfering machines among DIY enthusiasts and hobbyists due to the ease of use and low cost of ownership.
- Growing demand for handheld chamfering machines from small- and medium-sized businesses (SMBs) due to the increased need for precision machining in a variety of applications.
- Advances in technology that have led to the development of more powerful, durable, and user-friendly handheld chamfering machines.
Scope Of The Report
Report Attributes
Report Details
Report Title
Handheld Chamfering Machines Market Research Report
By Type
Electric, Pneumatic
By Application
Machine Manufacturing, Shipbuilding, Aerospace, Automotive, Oil & Gas, Power Utility, Household, Others
By Companies
Daesunggt, DWT, GERIMA, Promotech, Aceti Macchine, PROTEM, TRUMPF Power Tools, WACHS, Nitto Kohki, BDS Maschinen, Euroboor, Steelmax, JET Tools, SAAR USA, Orbitalum Tools, Jiangsu Dongcheng M&E Tools, Beveltools
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
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Handheld Chamfering Machines Market Report Segments:
The global Handheld Chamfering Machines market is segmented on the basis of:
Types
Electric, Pneumatic
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
Machine Manufacturing, Shipbuilding, Aerospace, Automotive, Oil & Gas, Power Utility, Household, 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:
- Daesunggt
- DWT
- GERIMA
- Promotech
- Aceti Macchine
- PROTEM
- TRUMPF Power Tools
- WACHS
- Nitto Kohki
- BDS Maschinen
- Euroboor
- Steelmax
- JET Tools
- SAAR USA
- Orbitalum Tools
- Jiangsu Dongcheng M&E Tools
- Beveltools
Highlights of The Handheld Chamfering Machines 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:
- Electric
- Pneumatic
- By Application:
- Machine Manufacturing
- Shipbuilding
- Aerospace
- Automotive
- Oil & Gas
- Power Utility
- Household
- 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 Handheld Chamfering Machines 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.
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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?
Handheld chamfering machines are used to create a variety of shapes and sizes out of metal, such as circles, ovals, and rectangles. They typically use a series of rotating cutting blades to produce the desired shape.
Some of the major companies in the handheld chamfering machines market are Daesunggt, DWT, GERIMA, Promotech, Aceti Macchine, PROTEM, TRUMPF Power Tools, WACHS, Nitto Kohki, BDS Maschinen, Euroboor, Steelmax, JET Tools, SAAR USA, Orbitalum Tools, Jiangsu Dongcheng M&E Tools, Beveltools.
The handheld chamfering machines market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Handheld Chamfering Machines 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 Handheld Chamfering Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Handheld Chamfering Machines 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 Handheld Chamfering Machines 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 Handheld Chamfering Machines Market Size & Forecast, 2020-2028
4.5.1 Handheld Chamfering Machines Market Size and Y-o-Y Growth
4.5.2 Handheld Chamfering Machines Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Electric
5.2.2 Pneumatic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Machine Manufacturing
6.2.2 Shipbuilding
6.2.3 Aerospace
6.2.4 Automotive
6.2.5 Oil & Gas
6.2.6 Power Utility
6.2.7 Household
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Handheld Chamfering Machines 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 Handheld Chamfering Machines 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Electric
9.6.2 Pneumatic
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 Market Size Forecast by Applications
9.10.1 Machine Manufacturing
9.10.2 Shipbuilding
9.10.3 Aerospace
9.10.4 Automotive
9.10.5 Oil & Gas
9.10.6 Power Utility
9.10.7 Household
9.10.8 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Electric
10.6.2 Pneumatic
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 Market Size Forecast by Applications
10.10.1 Machine Manufacturing
10.10.2 Shipbuilding
10.10.3 Aerospace
10.10.4 Automotive
10.10.5 Oil & Gas
10.10.6 Power Utility
10.10.7 Household
10.10.8 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Electric
11.6.2 Pneumatic
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 Market Size Forecast by Applications
11.10.1 Machine Manufacturing
11.10.2 Shipbuilding
11.10.3 Aerospace
11.10.4 Automotive
11.10.5 Oil & Gas
11.10.6 Power Utility
11.10.7 Household
11.10.8 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Electric
12.6.2 Pneumatic
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 Market Size Forecast by Applications
12.10.1 Machine Manufacturing
12.10.2 Shipbuilding
12.10.3 Aerospace
12.10.4 Automotive
12.10.5 Oil & Gas
12.10.6 Power Utility
12.10.7 Household
12.10.8 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Electric
13.6.2 Pneumatic
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) Market Size Forecast by Applications
13.10.1 Machine Manufacturing
13.10.2 Shipbuilding
13.10.3 Aerospace
13.10.4 Automotive
13.10.5 Oil & Gas
13.10.6 Power Utility
13.10.7 Household
13.10.8 Others
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 Handheld Chamfering Machines Market: Competitive Dashboard
14.2 Global Handheld Chamfering Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Daesunggt
14.3.2 DWT
14.3.3 GERIMA
14.3.4 Promotech
14.3.5 Aceti Macchine
14.3.6 PROTEM
14.3.7 TRUMPF Power Tools
14.3.8 WACHS
14.3.9 Nitto Kohki
14.3.10 BDS Maschinen
14.3.11 Euroboor
14.3.12 Steelmax
14.3.13 JET Tools
14.3.14 SAAR USA
14.3.15 Orbitalum Tools
14.3.16 Jiangsu Dongcheng M&E Tools
14.3.17 Beveltools
