Market Overview:
The global hydraulic turning chuck 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 turning chucks from the automotive and machining industries. In addition, the growing demand for hydraulic turning chucks from other industries such as aerospace and shipbuilding is also contributing to the growth of this market. The global hydraulic turning chuck market can be segmented on the basis of type into 2-jaw hydraulically turned chuck, 3-jaw hydraulically turned chuck, 4-jaw hydraulically turned chuck, and others. The 3-jaw hydraulically turned Chuck segment is expected to hold a major share of this market during the forecast period owing to its high accuracy and precision in machining operations. On the basis of application,the global Hydraulic Turning Chuck Market can be divided into automobile industry, machining industry, aerospace industry,,shipbuilding industry,,and others segments.
Product Definition:
A hydraulic turning chuck is a type of lathe chuck that uses hydraulic pressure to secure and rotate the workpiece. The importance of a hydraulic turning chuck is that it provides a much more secure grip on the workpiece than traditional lathe chucks, which can lead to improved accuracy and better results.
2-Jaw Hydraulic Turning Chuck:
2-Jaw hydraulic turning chuck is a machine tool used to form two distinct jaws in the same block. The two working surfaces of the 2-jaw hydraulic turning chuck are mounted on a common shaft, which allows them to follow each other as they turn. This type of mechanism is mainly used for forming small parts and pieces with high accuracy and precision in machining operations.
3-Jaw Hydraulic Turning Chuck:
3-Jaw hydraulic turning chuck is used in the manufacturing of automotive and industrial machinery. It offers high torque at low speeds which helps to provide precision machining capability. The product has applications in both vertical and horizontal machining centers.
The 3-jaw type provides a wide range of capacities from 0 to 300 rpm with a fixed speed motor, whereas 6 or 12-jaw types are available with variable speed motors (VSR).
Application Insights:
Automotive application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The hydraulic turning chuck plays an important role in various automotive applications such as engine, transmission, body & chassis, and others. Hydraulic chucks are used to mount various components such as electric motors, air conditioners compressors along with other mechanical components on vehicles.
The machining industry segment is expected to register a significant CAGR during the forecast period owing to increasing demand for precision-engineered products across numerous end-use industries worldwide. High technology adoption coupled with advanced manufacturing processes has led to increased utilization of machining centers which require constant supply of new parts along with their assembly operations at regular intervals throughout their lifetimes (referred as ¢â‚¬Ëœwear items¢â‚¬â„¢).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, and Japan. These countries are experiencing strong economic growth owing to increasing industrialization and rising foreign investments. Moreover, these countries have a large number of manufacturing facilities that require constant machining services for production optimization purposes.
The shipbuilding industry in Europe has witnessed significant growth since 2010 as European shipyards are focusing on reducing their dependence on imports by offering increased flexibility through customization of vessels at lower costs compared with other regions such as U.S., Australia or Asia Pacific etc.
Growth Factors:
- Increasing demand for hydraulic turning chuck in the automotive industry for manufacturing various components such as engine blocks, transmission parts, and others.
- Growing demand from the aerospace and defense sector owing to increasing use of hydraulic turning chuck in the production of aircraft engines, helicopter blades, and other components.
- Rising adoption of hydraulic turning chuck in small-scale industries for producing high precision components at low cost.
- Technological advancements in hydraulic turning chuck that offer enhanced performance and accuracy coupled with reduced downtime during operations.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic Turning Chuck Market Research Report
By Type
2-Jaw Hydraulic Turning Chuck, 3-Jaw Hydraulic Turning Chuck, 4-Jaw Hydraulic Turning Chuck, Others
By Application
Automobile Industry, Machining Industry, Aerospace, Shipbuilding Industry, Others
By Companies
Effecto Group S.p.A., ETP, GEMINIS LATHES, S.A, Kitagawa, Ladner, Microcentric, OMIL Srl, OML, Ortlieb Präzisions, ROTOMORS, SMW AUTOBLOK
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic Turning Chuck Market Report Segments:
The global Hydraulic Turning Chuck market is segmented on the basis of:
Types
2-Jaw Hydraulic Turning Chuck, 3-Jaw Hydraulic Turning Chuck, 4-Jaw Hydraulic Turning Chuck, Others
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
Automobile Industry, Machining Industry, Aerospace, Shipbuilding Industry, 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:
- Effecto Group S.p.A.
- ETP
- GEMINIS LATHES, S.A
- Kitagawa
- Ladner
- Microcentric
- OMIL Srl
- OML
- Ortlieb Präzisions
- ROTOMORS
- SMW AUTOBLOK
Highlights of The Hydraulic Turning Chuck 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:
- 2-Jaw Hydraulic Turning Chuck
- 3-Jaw Hydraulic Turning Chuck
- 4-Jaw Hydraulic Turning Chuck
- Others
- By Application:
- Automobile Industry
- Machining Industry
- Aerospace
- Shipbuilding Industry
- 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 Hydraulic Turning Chuck 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:
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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?
A hydraulic turning chuck is a machine that uses hydraulics to rotate a workpiece. It is typically used in manufacturing to turn parts quickly and easily.
Some of the key players operating in the hydraulic turning chuck market are Effecto Group S.p.A., ETP, GEMINIS LATHES, S.A, Kitagawa, Ladner, Microcentric, OMIL Srl, OML, Ortlieb Pr¤zisions, ROTOMORS, SMW AUTOBLOK.
The hydraulic turning chuck 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 Turning Chuck 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 Turning Chuck Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Hydraulic Turning Chuck 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 Turning Chuck 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 Turning Chuck Market Size & Forecast, 2020-2028 4.5.1 Hydraulic Turning Chuck Market Size and Y-o-Y Growth 4.5.2 Hydraulic Turning Chuck 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 2-Jaw Hydraulic Turning Chuck
5.2.2 3-Jaw Hydraulic Turning Chuck
5.2.3 4-Jaw Hydraulic Turning Chuck
5.2.4 Others
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 Automobile Industry
6.2.2 Machining Industry
6.2.3 Aerospace
6.2.4 Shipbuilding Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydraulic Turning Chuck 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 Turning Chuck 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 2-Jaw Hydraulic Turning Chuck
9.6.2 3-Jaw Hydraulic Turning Chuck
9.6.3 4-Jaw Hydraulic Turning Chuck
9.6.4 Others
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 Automobile Industry
9.10.2 Machining Industry
9.10.3 Aerospace
9.10.4 Shipbuilding Industry
9.10.5 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 2-Jaw Hydraulic Turning Chuck
10.6.2 3-Jaw Hydraulic Turning Chuck
10.6.3 4-Jaw Hydraulic Turning Chuck
10.6.4 Others
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 Automobile Industry
10.10.2 Machining Industry
10.10.3 Aerospace
10.10.4 Shipbuilding Industry
10.10.5 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 2-Jaw Hydraulic Turning Chuck
11.6.2 3-Jaw Hydraulic Turning Chuck
11.6.3 4-Jaw Hydraulic Turning Chuck
11.6.4 Others
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 Automobile Industry
11.10.2 Machining Industry
11.10.3 Aerospace
11.10.4 Shipbuilding Industry
11.10.5 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 2-Jaw Hydraulic Turning Chuck
12.6.2 3-Jaw Hydraulic Turning Chuck
12.6.3 4-Jaw Hydraulic Turning Chuck
12.6.4 Others
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 Automobile Industry
12.10.2 Machining Industry
12.10.3 Aerospace
12.10.4 Shipbuilding Industry
12.10.5 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 2-Jaw Hydraulic Turning Chuck
13.6.2 3-Jaw Hydraulic Turning Chuck
13.6.3 4-Jaw Hydraulic Turning Chuck
13.6.4 Others
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 Automobile Industry
13.10.2 Machining Industry
13.10.3 Aerospace
13.10.4 Shipbuilding Industry
13.10.5 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 Hydraulic Turning Chuck Market: Competitive Dashboard
14.2 Global Hydraulic Turning Chuck Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Effecto Group S.p.A.
14.3.2 ETP
14.3.3 GEMINIS LATHES, S.A
14.3.4 Kitagawa
14.3.5 Ladner
14.3.6 Microcentric
14.3.7 OMIL Srl
14.3.8 OML
14.3.9 Ortlieb Präzisions
14.3.10 ROTOMORS
14.3.11 SMW AUTOBLOK