Market Overview:
The global mechanical 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 precision machining and automation across various industries. In addition, the growing demand for high-performance chuck systems is also contributing to the growth of this market. The global mechanical chucks market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into 3 inch, 5 inch, 6 inch, 12 inch, and others segments. The 3 inch segment is expected to account for a major share in terms of revenue in 2018 owing to its low cost and easy installation as compared with other types of chuck systems available in the market.
Product Definition:
A chuck is a tool that holds an object in place while it is being worked on. There are many different types of chucks, but the most common type is the mechanical chuck. A mechanical chuck consists of three parts: the body, the jaws, and the tightening mechanism. The body is a metal cylinder that houses either the jaws or the tightening mechanism. The jaws are two metal plates with teeth that grip onto an object when they are clamped shut. The tightening mechanism controls how tightly the jaws grip onto an object.
3 Inch:
3 inch is a standard size for mechanical chucks used in woodworking. It's length is derived from the width of a typical adult hand, which makes it an ideal choice for most applications involving small parts handling. 3 inch chucks are available with either round or square cross-section and can be manufactured from high-grade steel or cast iron.
5 Inch:
5 inch is a standard size of machine chucks used in mechanical and hydraulic equipment. It has been widely accepted across the industries as it provides high strength, rigidity, and reliability to the system on which it is mounted. 5 inch chucks are manufactured from high-grade steel with chromium or titanium coatings for corrosion resistance.
Application Insights:
The other application segment includes lathe, grinder and others. The lathe application segment led the global mechanical chucks market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Increasing demand for metal cutting applications across various industries including automotive, construction and aerospace is expected to drive product demand in this segment over the next few years.
The grinding wheel has a variety of applications such as sharpening tools for knives & blades or industrial machinery components that require frequent grinding operations on their surfaces.
Regional Analysis:
Asia Pacific dominated the global mechanical chuck market in 2017. The region is expected to continue its dominance over the next eight years. This can be attributed to increasing demand for power tools in developing countries such as China and India, which are among the top five manufacturing hubs of the world. In addition, rising number of automotive production plants in these countries will drive product demand further.
North America is projected to grow at a significant rate over the forecast period owing to growing construction and mining industries across U.S., Canada, and Mexico respectively; thus propelling product demand from 2018 to 2030 The region has one of largest networks of machine tool builders & OEMs worldwide along with several training institutes that provide education on latest technologies related machine tools including CNC machines as well as their associated products such as chucks for machining different types of materials using various cutting methods like face-milling, facing/fluting etc.
Growth Factors:
- Increasing demand for automation in manufacturing sector
- Rising demand from the automotive industry
- Growing popularity of electric vehicles
- Proliferation of smart factories and Industry 4.0 concept
- Technological advancements in chuck manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Mechanical Chucks Market Research Report
By Type
3 Inch, 5 Inch, 6 Inch, 12 Inch, Others
By Application
Lathe, Grinder, Others
By Companies
Renova SRL, ATEM, Double E Company, Schlumpf, Convertech,Inc., Mechanical Specialties, Re Spa, Montalvo, Dienes, Construcciones Mecanicas Mecoval, Renova SRL, Antech Converting, Aston Tech Ltd, Chandox, Zhejiang KEERBO Machinery Co., Ltd., Kitagawa, Pratt Burnerd
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
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Mechanical Chucks Market Report Segments:
The global Mechanical Chucks market is segmented on the basis of:
Types
3 Inch, 5 Inch, 6 Inch, 12 Inch, 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
Lathe, Grinder, 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:
- Renova SRL
- ATEM
- Double E Company
- Schlumpf
- Convertech,Inc.
- Mechanical Specialties
- Re Spa
- Montalvo
- Dienes
- Construcciones Mecanicas Mecoval
- Renova SRL
- Antech Converting
- Aston Tech Ltd
- Chandox
- Zhejiang KEERBO Machinery Co., Ltd.
- Kitagawa
- Pratt Burnerd
Highlights of The Mechanical 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:
- 3 Inch
- 5 Inch
- 6 Inch
- 12 Inch
- Others
- By Application:
- Lathe
- Grinder
- 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 Mechanical 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?
Mechanical chucks are a type of tool used to grip and move objects. They consist of a rotating drum or disc that is attached to an arm or handle. The user inserts the object they want to grip into the center of the drum, and then rotates the drum around its axis. This causes the object to be gripped by teeth on either side of the rotating disk, which can then be moved easily.
Some of the major players in the mechanical chucks market are Renova SRL, ATEM, Double E Company, Schlumpf, Convertech,Inc., Mechanical Specialties, Re Spa, Montalvo, Dienes, Construcciones Mecanicas Mecoval, Renova SRL, Antech Converting, Aston Tech Ltd, Chandox, Zhejiang KEERBO Machinery Co., Ltd., Kitagawa, Pratt Burnerd.
The mechanical chucks 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 Mechanical 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 Mechanical Chucks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mechanical 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 Mechanical 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 Mechanical Chucks Market Size & Forecast, 2018-2028
4.5.1 Mechanical Chucks Market Size and Y-o-Y Growth
4.5.2 Mechanical Chucks Market Absolute $ Opportunity
Chapter 5 Global Mechanical 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 Mechanical Chucks Market Size Forecast by Type
5.2.1 3 Inch
5.2.2 5 Inch
5.2.3 6 Inch
5.2.4 12 Inch
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mechanical 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 Mechanical Chucks Market Size Forecast by Applications
6.2.1 Lathe
6.2.2 Grinder
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mechanical 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 Mechanical 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 Mechanical Chucks Analysis and Forecast
9.1 Introduction
9.2 North America Mechanical 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 Mechanical Chucks Market Size Forecast by Type
9.6.1 3 Inch
9.6.2 5 Inch
9.6.3 6 Inch
9.6.4 12 Inch
9.6.5 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 Mechanical Chucks Market Size Forecast by Applications
9.10.1 Lathe
9.10.2 Grinder
9.10.3 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 Mechanical Chucks Analysis and Forecast
10.1 Introduction
10.2 Europe Mechanical 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 Mechanical Chucks Market Size Forecast by Type
10.6.1 3 Inch
10.6.2 5 Inch
10.6.3 6 Inch
10.6.4 12 Inch
10.6.5 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 Mechanical Chucks Market Size Forecast by Applications
10.10.1 Lathe
10.10.2 Grinder
10.10.3 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 Mechanical Chucks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mechanical 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 Mechanical Chucks Market Size Forecast by Type
11.6.1 3 Inch
11.6.2 5 Inch
11.6.3 6 Inch
11.6.4 12 Inch
11.6.5 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 Mechanical Chucks Market Size Forecast by Applications
11.10.1 Lathe
11.10.2 Grinder
11.10.3 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 Mechanical Chucks Analysis and Forecast
12.1 Introduction
12.2 Latin America Mechanical 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 Mechanical Chucks Market Size Forecast by Type
12.6.1 3 Inch
12.6.2 5 Inch
12.6.3 6 Inch
12.6.4 12 Inch
12.6.5 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 Mechanical Chucks Market Size Forecast by Applications
12.10.1 Lathe
12.10.2 Grinder
12.10.3 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) Mechanical Chucks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mechanical 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) Mechanical Chucks Market Size Forecast by Type
13.6.1 3 Inch
13.6.2 5 Inch
13.6.3 6 Inch
13.6.4 12 Inch
13.6.5 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) Mechanical Chucks Market Size Forecast by Applications
13.10.1 Lathe
13.10.2 Grinder
13.10.3 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 Mechanical Chucks Market: Competitive Dashboard
14.2 Global Mechanical Chucks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Renova SRL
14.3.2 ATEM
14.3.3 Double E Company
14.3.4 Schlumpf
14.3.5 Convertech,Inc.
14.3.6 Mechanical Specialties
14.3.7 Re Spa
14.3.8 Montalvo
14.3.9 Dienes
14.3.10 Construcciones Mecanicas Mecoval
14.3.11 Renova SRL
14.3.12 Antech Converting
14.3.13 Aston Tech Ltd
14.3.14 Chandox
14.3.15 Zhejiang KEERBO Machinery Co., Ltd.
14.3.16 Kitagawa
14.3.17 Pratt Burnerd
