Market Overview:
The global pneumatic 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 precision machining and automation across various industries. In addition, the growing demand for high-performance pneumatic chucks from end-use industries is also contributing to the growth of this market. Based on type, the global pneumatic chuck market can be segmented into built-in chucks, front-end chucks, and tie rod type chucks. The front-end chuck segment is expected to grow at a higher CAGR than other segments during the forecast period owing to its high performance and accuracy levels. Based on application, the global pneumatic chuck market can be divided into milling machines, cutting machines, lathe machines, and others (grinding machines etc.). The milling machine segment is estimated to account for a major share of this market in 2018 owing to its widespread use in various industrial applications.
Product Definition:
A pneumatic chuck is a type of chuck that uses air pressure to grip an object. It is important because it can hold objects tightly without damaging them.
Built-in:
The built-in is a key component in the pneumatic chucks market. It helps to convert rotary motion into linear one and vice versa. The product also provides safety against overspeed, underspeed, and reverse movement of the machine.
The demand for built-in is increasing owing to its ability to reduce stress on mechanical components caused by repetitively moving parts at high speed; it offers increased reliability and efficiency in manufacturing processes.
Front-end:
The front-end is the part of a hydraulic press that controls the pressure and position of the material to be pressed. The front end consists of a control system, which has valves, cylinders or pistons as its working components. It is connected to other parts through pipelines or hoses. Front ends are used in various industries such as automotive & transportation, food processing and packaging equipment manufacturing among others.
Application Insights:
Milling machines held the largest revenue share in 2017 and are projected to continue its dominance over the forecast period. These machines are used for various applications, such as metal cutting, drilling, grinding and crushing of materials. The rising demand for these types of equipment is expected to be a major factor driving industry growth over the forecast period.
The others segment includes assembly line automation equipment and other machinery & equipment automation devices such as automated teller machines (ATMs), dispensing machine Automated Teller Machine (ATM) among others. Pneumatic chucks can be attached with various devices that automate different processes in a manufacturing facility or an assembly line thereby increasing productivity which is likely to propel their demand across several industries including food & beverage processing among others during the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to the presence of numerous OEMs and PPC manufacturers in China, India, Japan, and Taiwan. The region has been witnessing robust economic growth over the past few years on account of increasing industrial output coupled with rising foreign investments in manufacturing facilities.
The growing demand for pneumatic chucks from various end-use industries such as aerospace & defense (AD), automotive (TU), electronics assembly & fabrication (EA&F), medical devices (MD) is anticipated to drive regional market growth over the forecast period. In addition, favorable government policies promoting domestic manufacturing activities are likely to contribute toward higher product sales volumes in Asia Pacific region during the forecast period.
North America was estimated as being one of the largest markets for pneumatic chucks.
Growth Factors:
- Increasing demand for automation in manufacturing sector
- Rising demand for precision machining and assembly operations
- Growing popularity of pneumatic chucks in medical and aerospace industries
- Technological advancements in chuck manufacturing process
- Rising adoption of pneumatic chucks across small-scale businesses
Scope Of The Report
Report Attributes
Report Details
Report Title
Pneumatic Chuck Market Research Report
By Type
Built-in, Front-end, Tie Rod Type
By Application
Milling Machine, Cutting Machines, Lathe Machines, Others
By Companies
Bunting Magnetics, MVM, Calamit, Suburban Tool, Kanetec, Hermann Schmidt, Jas Magnetics, MACK Werkzeuge, Schunk, Spreitzer GmbH, Wagner Magnetics, Tecnomagnete
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Pneumatic Chuck Market Report Segments:
The global Pneumatic Chuck market is segmented on the basis of:
Types
Built-in, Front-end, Tie Rod Type
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
Milling Machine, Cutting Machines, Lathe Machines, 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:
- Bunting Magnetics
- MVM
- Calamit
- Suburban Tool
- Kanetec
- Hermann Schmidt
- Jas Magnetics
- MACK Werkzeuge
- Schunk
- Spreitzer GmbH
- Wagner Magnetics
- Tecnomagnete
Highlights of The Pneumatic 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:
- Built-in
- Front-end
- Tie Rod Type
- By Application:
- Milling Machine
- Cutting Machines
- Lathe Machines
- 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 Pneumatic 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
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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 pneumatic chuck is a machine that uses compressed air to move parts. It is used in manufacturing and engineering to hold objects in place, or to transfer materials between machines.
Some of the key players operating in the pneumatic chuck market are Bunting Magnetics, MVM, Calamit, Suburban Tool, Kanetec, Hermann Schmidt, Jas Magnetics, MACK Werkzeuge, Schunk, Spreitzer GmbH, Wagner Magnetics, Tecnomagnete.
The pneumatic chuck 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 Pneumatic 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 Pneumatic Chuck Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pneumatic 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 Pneumatic 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 Pneumatic Chuck Market Size & Forecast, 2018-2028
4.5.1 Pneumatic Chuck Market Size and Y-o-Y Growth
4.5.2 Pneumatic Chuck Market Absolute $ Opportunity
Chapter 5 Global Pneumatic Chuck 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 Pneumatic Chuck Market Size Forecast by Type
5.2.1 Built-in
5.2.2 Front-end
5.2.3 Tie Rod Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pneumatic Chuck 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 Pneumatic Chuck Market Size Forecast by Applications
6.2.1 Milling Machine
6.2.2 Cutting Machines
6.2.3 Lathe Machines
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pneumatic 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 Pneumatic 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 Pneumatic Chuck Analysis and Forecast
9.1 Introduction
9.2 North America Pneumatic Chuck 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 Pneumatic Chuck Market Size Forecast by Type
9.6.1 Built-in
9.6.2 Front-end
9.6.3 Tie Rod Type
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 Pneumatic Chuck Market Size Forecast by Applications
9.10.1 Milling Machine
9.10.2 Cutting Machines
9.10.3 Lathe Machines
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 Pneumatic Chuck Analysis and Forecast
10.1 Introduction
10.2 Europe Pneumatic Chuck 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 Pneumatic Chuck Market Size Forecast by Type
10.6.1 Built-in
10.6.2 Front-end
10.6.3 Tie Rod Type
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 Pneumatic Chuck Market Size Forecast by Applications
10.10.1 Milling Machine
10.10.2 Cutting Machines
10.10.3 Lathe Machines
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 Pneumatic Chuck Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pneumatic Chuck 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 Pneumatic Chuck Market Size Forecast by Type
11.6.1 Built-in
11.6.2 Front-end
11.6.3 Tie Rod Type
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 Pneumatic Chuck Market Size Forecast by Applications
11.10.1 Milling Machine
11.10.2 Cutting Machines
11.10.3 Lathe Machines
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 Pneumatic Chuck Analysis and Forecast
12.1 Introduction
12.2 Latin America Pneumatic Chuck 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 Pneumatic Chuck Market Size Forecast by Type
12.6.1 Built-in
12.6.2 Front-end
12.6.3 Tie Rod Type
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 Pneumatic Chuck Market Size Forecast by Applications
12.10.1 Milling Machine
12.10.2 Cutting Machines
12.10.3 Lathe Machines
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) Pneumatic Chuck Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pneumatic Chuck 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) Pneumatic Chuck Market Size Forecast by Type
13.6.1 Built-in
13.6.2 Front-end
13.6.3 Tie Rod Type
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) Pneumatic Chuck Market Size Forecast by Applications
13.10.1 Milling Machine
13.10.2 Cutting Machines
13.10.3 Lathe Machines
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 Pneumatic Chuck Market: Competitive Dashboard
14.2 Global Pneumatic Chuck Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bunting Magnetics
14.3.2 MVM
14.3.3 Calamit
14.3.4 Suburban Tool
14.3.5 Kanetec
14.3.6 Hermann Schmidt
14.3.7 Jas Magnetics
14.3.8 MACK Werkzeuge
14.3.9 Schunk
14.3.10 Spreitzer GmbH
14.3.11 Wagner Magnetics
14.3.12 Tecnomagnete
