Market Overview:
The global lathe machine chucks 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 lathe machines in various industries such as automotive, defense & aerospace, electronic, oil & gas and paper & pulp industry. In addition, the growing demand for power lathe chuck is also contributing to the growth of this market. However, factors such as high installation and maintenance cost may restrain the growth of this market during the forecast period. On basis of type, manual lathe chuck accounted for majority share in 2017 and is expected to maintain its dominance during forecast period. This can be attributed to its low installation and maintenance cost as compared to power lathe chuck.
Product Definition:
Lathe machine chucks are devices that hold the workpiece in place while it is being machined. The chuck is attached to the spindle of the lathe and can be rotated to secure the workpiece. Chucks are important because they allow for precision machining of parts.
Manual Lathe Chuck:
Manual lathe chuck is a mechanical device used in the manufacturing process of rotating parts or components. It is mainly used for chamfering, turning, and facing operations. The manual lathe chuck has an advantage over other machine tools in the industry as it can perform different operations on different types of work pieces simultaneously without any interruption due to changing tooling.
The global manual lathe Chuck market size was valued at USD 1,37,847 in 2015.
Power Lathe Chuck:
Power lathe chucks are used in power-driven machines to transfer rotary motion from one or more rotating parts to another. The main function of a power lathe is to reduce the speed of the work piece and then bring it back up to speed as required for continued rotation.
Application Insights:
The automotive application segment led the global lathe machine chuck market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for precision-engineered parts across the globe, especially in emerging economies such as China and India. In addition, growing production of passenger cars and commercial vehicles across major markets including U.S., Germany, Japan, South Korea and China is expected to drive product demand over the coming years.
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 Lathe Machine Chucks from countries such as China, India, Japan, South Korea, Taiwan among others. Increasing production of consumer goods along with rapid industrialization and urbanization has led to an increase in manufacturing activities across Asia Pacific which is anticipated to drive product demand over the forecast period.
The Middle East & Africa region is projected to grow at a significant rate owing high youth population looking for better employment opportunities leading towards economic development coupled with government support aimed at encouraging foreign investments especially in construction sector thereby driving LATM machine chuck industry growth over the next eight years.
Growth Factors:
- Increasing demand for precision machining in automotive and aerospace industries
- Growing popularity of CNC machines
- Rising demand for customized chucks
- Technological advancements in chuck manufacturing process
- Growing awareness about the benefits of using lathe machine chucks
Scope Of The Report
Report Attributes
Report Details
Report Title
Lathe Machine Chucks Market Research Report
By Type
Manual Lathe Chuck, Power Lathe Chuck
By Application
Automotive, Defense & Aerospace, Electronic, Oil & Gas, Paper & Pulp Industry, Others
By Companies
ROHM, SMW Autoblok, Gamor, ABM TOOLS, TOOLMEX, Guindy Machine Tools, Grizzly Industrial Inc., Jacobs Engineering Group, Rockler Woodworking and Hardware, Schunk
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 Lathe Machine Chucks Market Report Segments:
The global Lathe Machine Chucks market is segmented on the basis of:
Types
Manual Lathe Chuck, Power Lathe Chuck
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
Automotive, Defense & Aerospace, Electronic, Oil & Gas, Paper & Pulp 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:
- ROHM
- SMW Autoblok
- Gamor
- ABM TOOLS
- TOOLMEX
- Guindy Machine Tools
- Grizzly Industrial Inc.
- Jacobs Engineering Group
- Rockler Woodworking and Hardware
- Schunk
Highlights of The Lathe Machine Chucks 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:
- Manual Lathe Chuck
- Power Lathe Chuck
- By Application:
- Automotive
- Defense & Aerospace
- Electronic
- Oil & Gas
- Paper & Pulp 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 Lathe Machine Chucks 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?
Lathe machine chucks are a type of tool that are used to hold objects while they are being turned. They come in different sizes and shapes, and can be made from a variety of materials.
Some of the major players in the lathe machine chucks market are ROHM, SMW Autoblok, Gamor, ABM TOOLS, TOOLMEX, Guindy Machine Tools, Grizzly Industrial Inc., Jacobs Engineering Group, Rockler Woodworking and Hardware, Schunk.
The lathe machine chucks 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 Lathe Machine Chucks 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 Lathe Machine Chucks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lathe Machine Chucks 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 Lathe Machine Chucks 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 Lathe Machine Chucks Market Size & Forecast, 2018-2028
4.5.1 Lathe Machine Chucks Market Size and Y-o-Y Growth
4.5.2 Lathe Machine Chucks Market Absolute $ Opportunity
Chapter 5 Global Lathe Machine Chucks 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 Lathe Machine Chucks Market Size Forecast by Type
5.2.1 Manual Lathe Chuck
5.2.2 Power Lathe Chuck
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lathe Machine Chucks 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 Lathe Machine Chucks Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Defense & Aerospace
6.2.3 Electronic
6.2.4 Oil & Gas
6.2.5 Paper & Pulp Industry
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lathe Machine Chucks 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 Lathe Machine Chucks 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 Lathe Machine Chucks Analysis and Forecast
9.1 Introduction
9.2 North America Lathe Machine Chucks 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 Lathe Machine Chucks Market Size Forecast by Type
9.6.1 Manual Lathe Chuck
9.6.2 Power Lathe Chuck
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 Lathe Machine Chucks Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Defense & Aerospace
9.10.3 Electronic
9.10.4 Oil & Gas
9.10.5 Paper & Pulp Industry
9.10.6 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 Lathe Machine Chucks Analysis and Forecast
10.1 Introduction
10.2 Europe Lathe Machine Chucks 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 Lathe Machine Chucks Market Size Forecast by Type
10.6.1 Manual Lathe Chuck
10.6.2 Power Lathe Chuck
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 Lathe Machine Chucks Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Defense & Aerospace
10.10.3 Electronic
10.10.4 Oil & Gas
10.10.5 Paper & Pulp Industry
10.10.6 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 Lathe Machine Chucks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lathe Machine Chucks 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 Lathe Machine Chucks Market Size Forecast by Type
11.6.1 Manual Lathe Chuck
11.6.2 Power Lathe Chuck
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 Lathe Machine Chucks Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Defense & Aerospace
11.10.3 Electronic
11.10.4 Oil & Gas
11.10.5 Paper & Pulp Industry
11.10.6 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 Lathe Machine Chucks Analysis and Forecast
12.1 Introduction
12.2 Latin America Lathe Machine Chucks 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 Lathe Machine Chucks Market Size Forecast by Type
12.6.1 Manual Lathe Chuck
12.6.2 Power Lathe Chuck
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 Lathe Machine Chucks Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Defense & Aerospace
12.10.3 Electronic
12.10.4 Oil & Gas
12.10.5 Paper & Pulp Industry
12.10.6 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) Lathe Machine Chucks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lathe Machine Chucks 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) Lathe Machine Chucks Market Size Forecast by Type
13.6.1 Manual Lathe Chuck
13.6.2 Power Lathe Chuck
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) Lathe Machine Chucks Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Defense & Aerospace
13.10.3 Electronic
13.10.4 Oil & Gas
13.10.5 Paper & Pulp Industry
13.10.6 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 Lathe Machine Chucks Market: Competitive Dashboard
14.2 Global Lathe Machine Chucks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ROHM
14.3.2 SMW Autoblok
14.3.3 Gamor
14.3.4 ABM TOOLS
14.3.5 TOOLMEX
14.3.6 Guindy Machine Tools
14.3.7 Grizzly Industrial Inc.
14.3.8 Jacobs Engineering Group
14.3.9 Rockler Woodworking and Hardware
14.3.10 Schunk
