Market Overview:
The global hydraulic mandrels 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 hydraulic mandrels in cutting and abrasive tool applications. North America is expected to lead the global hydraulic mandrels market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
A hydraulic mandrel is a cylindrical bar that is inserted into a hole in a workpiece and used to expand or contract the hole, depending on the direction of the hydraulic pressure. This allows for precise tuning of holes in various sizes and shapes. Hydraulic mandrels are often used in metalworking, but can also be found in other industries where precision machining is required.
Electric:
Electric Mandrels are used in hydraulic fracturing to increase the efficiency of the extraction process. The mandrel is a cylindrical device made from an electrical conductive polymer and is inserted into a wellbore during hydraulic fracturing. It generates an electric current that flows through fractures in the shale and assists with opening new pathways for oil & gas flow.
Pneumatic:
Pneumatic mandrels are used in hydraulic systems to reduce the pressure losses and to increase the efficiency of a system. They are widely used in automotive, aerospace & manufacturing industries. Pneumatic mandrels can be differentiated from hydraulic ones by their shape and size. The former is generally round while latter is elongated with two valves at both ends.
Application Insights:
The cutting tool application segment led the global market in 2017. The segment is projected to witness significant growth over the forecast period owing to its wide-spread usage for various applications, such as metal cutting, drilling, and grinding. In addition, increasing demand for high-precision components and equipment by end-use industries is expected to propel the product demand over the coming years.
Abrasive tools are widely used in several industries including automotive & transportation and construction among others due to their ability of generating high rotational speed with low power consumption. Furthermore, they are also used in several other applications such as paper manufacturing where they remove waste from between sheets of paper which further reduces production costs per unit of weight or volume produced leading to increased profit margins for companies manufacturing these products.
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 rising demand for hydraulic mandrels from various industries, such as automotive, aerospace & defense, marine & naval. In addition, increasing infrastructure activities in developing countries such as India and China are likely to drive product demand further.
The growing manufacturing sector in Asia Pacific is also anticipated to propel product demand from metal cutting tools application segment owing to increased production of precision parts using CNC machines. Furthermore, rapid industrialization coupled with government initiatives towards Make in India initiative will boost automobile production which will result into high requirement for abrasive tooling products over the next eight years thus positively influencing regional market growth.
North America accounted for a significant share of revenue generated by hydraulics mandrels globally due to presence of numerous OEM manufacturers along with several large-scale distributors across U.S.
Growth Factors:
- Increasing demand for hydraulic mandrels in the automotive and aerospace industries due to their high precision and durability.
- Growing popularity of hydraulic mandrels among small-scale businesses owing to their low cost and easy operability.
- Rising demand for customized hydraulic mandrels according to specific requirements of end-users.
- Technological advancements in the manufacturing process of hydraulic mandrels that result in improved performance and efficiency.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic Mandrels Market Research Report
By Type
Electric, Pneumatic
By Application
Cutting Tool, Abrasive Tool
By Companies
Positrol, Schunk, Shree Precision, Hainbuch GmbH, SMW Autoblok, Rotary Engineering Corporation, Goriziane, Drewco Corporation, Speedgrip Chuck Company, Industrial Tools Corporation, Euro-Tech Corporation
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
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic Mandrels Market Report Segments:
The global Hydraulic Mandrels 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
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:
- Positrol
- Schunk
- Shree Precision
- Hainbuch GmbH
- SMW Autoblok
- Rotary Engineering Corporation
- Goriziane
- Drewco Corporation
- Speedgrip Chuck Company
- Industrial Tools Corporation
- Euro-Tech Corporation
Highlights of The Hydraulic 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:
- Electric
- Pneumatic
- 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 Hydraulic 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
- Market Entry Strategies
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- 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?
Hydraulic mandrels are used in the manufacturing of various products, including automobiles and aircraft. They are long metal tubes with a series of holes along their length. The tube is filled with hydraulic fluid and then pressurized. This pressure causes the metal to expand, creating the desired shape.
Some of the key players operating in the hydraulic mandrels market are Positrol, Schunk, Shree Precision, Hainbuch GmbH, SMW Autoblok, Rotary Engineering Corporation, Goriziane, Drewco Corporation, Speedgrip Chuck Company, Industrial Tools Corporation, Euro-Tech Corporation.
The hydraulic mandrels 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 Hydraulic 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 Hydraulic Mandrels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydraulic 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 Hydraulic 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 Hydraulic Mandrels Market Size & Forecast, 2018-2028
4.5.1 Hydraulic Mandrels Market Size and Y-o-Y Growth
4.5.2 Hydraulic Mandrels Market Absolute $ Opportunity
Chapter 5 Global Hydraulic 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 Hydraulic Mandrels Market Size Forecast by Type
5.2.1 Electric
5.2.2 Pneumatic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hydraulic 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 Hydraulic 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 Hydraulic 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 Hydraulic 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 Hydraulic Mandrels Analysis and Forecast
9.1 Introduction
9.2 North America Hydraulic 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 Hydraulic Mandrels 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 Hydraulic 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 Hydraulic Mandrels Analysis and Forecast
10.1 Introduction
10.2 Europe Hydraulic 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 Hydraulic Mandrels 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 Hydraulic 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 Hydraulic Mandrels Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hydraulic 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 Hydraulic Mandrels 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 Hydraulic 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 Hydraulic Mandrels Analysis and Forecast
12.1 Introduction
12.2 Latin America Hydraulic 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 Hydraulic Mandrels 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 Hydraulic 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) Hydraulic Mandrels Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hydraulic 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) Hydraulic Mandrels 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) Hydraulic 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 Hydraulic Mandrels Market: Competitive Dashboard
14.2 Global Hydraulic Mandrels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Positrol
14.3.2 Schunk
14.3.3 Shree Precision
14.3.4 Hainbuch GmbH
14.3.5 SMW Autoblok
14.3.6 Rotary Engineering Corporation
14.3.7 Goriziane
14.3.8 Drewco Corporation
14.3.9 Speedgrip Chuck Company
14.3.10 Industrial Tools Corporation
14.3.11 Euro-Tech Corporation
