Market Overview:
The global independent chuck market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for independent chucks in the automobile industry, machining industry, and aerospace industry. In addition, the growing demand for precision machining and automation in various industries is also propelling the growth of the global independent chuck market.
Product Definition:
Independent Chuck is an American truck company. It was founded in 1903 by Charles A. Howard and is now headquartered in Fort Wayne, Indiana. Independent Chuck produces medium-duty and heavy-duty trucks for the North American market.
Maximum Gripping Force: Below 100kN:
The maximum gripping force (MGF) is the highest weight a handgrip can exert before the palm of your hand and all five fingers rupture. The MGF for an individual grip is determined by testing it with a dynamometer, which measures torque or turning force.
Dynamometers are used in industries such as construction, automotive, food processing and packaging to measure torque or turning force.
Maximum Gripping Force: 100kN-200kN:
The maximum gripping force is the highest weight a human hand can apply before the muscles in it begin to fatigue. The general formula for calculating this force is F=W/L, where W represents the weight of an object, and L represents the length of an arm. Maximum grip forces are determined by weighing both hands simultaneously using digital scales and then divide that value by height in meters (W/m).
Application Insights:
Automotive application segment accounted for the largest market share in 2017 and is projected to continue its dominance over the forecast period. The rising need for replacing worn-out or damaged parts with new ones that are stronger and can bear more stress is expected to drive the product demand from this end use industry.
The machining industry was valued at USD 699.9 million in 2017 owing to high product demand from various industries including aerospace, defense, medical equipment & tools, etc.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The region’s growth can be attributed to increasing foreign investments in developing countries such as China, India, and Japan. For instance, in 2017, according to the Indian Ministry of Foreign Affairs (MoFA), FDI inflows into India reached USD X billion which was higher than that of any other country in 2016. Thus it is clear that Asia Pacific has become a lucrative destination for global players due to its low-cost production environment.
The Middle East & Africa is also likely to witness significant growth over the coming years owing their rapidly growing automotive industry coupled with machining sector witnessing high demand from across various industries including aerospace & defense and consumer goods manufacturing sectors worldwide; hence resulting into increased utilization of chucks for machining operations at various levels throughout various stages of component processing activities leading towards end products completion will boost product demand across this region significantly over the forecast period.
Growth Factors:
- Increased demand for healthy, convenient snacks
- Growing popularity of plant-based proteins
- Rising interest in sustainable food production practices
- Proliferation of independent farmers' markets and CSAs
- Increasing consumer awareness about the benefits of local sourcing
Scope Of The Report
Report Attributes
Report Details
Report Title
Independent Chuck Market Research Report
By Type
Maximum Gripping Force: Below 100kN, Maximum Gripping Force: 100kN-200kN, Maximum Gripping Force: Above 200kN, Others
By Application
Automobile Industry, Machining Industry, Aerospace, Others
By Companies
State Engineering Corporation, Röhm GmbH, Castle Brooke Tools, Dillon Manufacturing, Inc, SCHUNK, Hardinge Inc., KAWATA TEC, Hitachi Ltd., Kitagawa, Hardinge Inc, S&T Engineers, Assfalg GmbH, Hainbuch GmbH, Teikoku Chuck
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
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Independent Chuck Market Report Segments:
The global Independent Chuck market is segmented on the basis of:
Types
Maximum Gripping Force: Below 100kN, Maximum Gripping Force: 100kN-200kN, Maximum Gripping Force: Above 200kN, 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, 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:
- State Engineering Corporation
- Röhm GmbH
- Castle Brooke Tools
- Dillon Manufacturing, Inc
- SCHUNK
- Hardinge Inc.
- KAWATA TEC
- Hitachi Ltd.
- Kitagawa
- Hardinge Inc
- S&T Engineers
- Assfalg GmbH
- Hainbuch GmbH
- Teikoku Chuck
Highlights of The Independent 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:
- Maximum Gripping Force: Below 100kN
- Maximum Gripping Force: 100kN-200kN
- Maximum Gripping Force: Above 200kN
- Others
- By Application:
- Automobile Industry
- Machining Industry
- Aerospace
- 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 Independent 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:
- 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?
Independent Chuck is a satirical website that publishes articles and videos critical of the United States government. The site's name is a reference to Independent Senator Chuck Schumer, who has been an outspoken critic of President Donald Trump.
Some of the major players in the independent chuck market are State Engineering Corporation, R¶hm GmbH, Castle Brooke Tools, Dillon Manufacturing, Inc, SCHUNK, Hardinge Inc., KAWATA TEC, Hitachi Ltd., Kitagawa, Hardinge Inc, S&T Engineers, Assfalg GmbH, Hainbuch GmbH, Teikoku Chuck.
The independent 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 Independent 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 Independent Chuck Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Independent 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 Independent 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 Independent Chuck Market Size & Forecast, 2020-2028
4.5.1 Independent Chuck Market Size and Y-o-Y Growth
4.5.2 Independent 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 Maximum Gripping Force: Below 100kN
5.2.2 Maximum Gripping Force: 100kN-200kN
5.2.3 Maximum Gripping Force: Above 200kN
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 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Independent 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 Independent 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 Maximum Gripping Force: Below 100kN
9.6.2 Maximum Gripping Force: 100kN-200kN
9.6.3 Maximum Gripping Force: Above 200kN
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 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 Maximum Gripping Force: Below 100kN
10.6.2 Maximum Gripping Force: 100kN-200kN
10.6.3 Maximum Gripping Force: Above 200kN
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 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 Maximum Gripping Force: Below 100kN
11.6.2 Maximum Gripping Force: 100kN-200kN
11.6.3 Maximum Gripping Force: Above 200kN
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 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 Maximum Gripping Force: Below 100kN
12.6.2 Maximum Gripping Force: 100kN-200kN
12.6.3 Maximum Gripping Force: Above 200kN
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 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 Maximum Gripping Force: Below 100kN
13.6.2 Maximum Gripping Force: 100kN-200kN
13.6.3 Maximum Gripping Force: Above 200kN
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 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 Independent Chuck Market: Competitive Dashboard
14.2 Global Independent Chuck Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 State Engineering Corporation
14.3.2 Röhm GmbH
14.3.3 Castle Brooke Tools
14.3.4 Dillon Manufacturing, Inc
14.3.5 SCHUNK
14.3.6 Hardinge Inc.
14.3.7 KAWATA TEC
14.3.8 Hitachi Ltd.
14.3.9 Kitagawa
14.3.10 Hardinge Inc
14.3.11 S&T Engineers
14.3.12 Assfalg GmbH
14.3.13 Hainbuch GmbH
14.3.14 Teikoku Chuck
