Market Overview:
The global precision fixture 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 high-precision fixtures in various industrial applications. In addition, the growing demand for modular fixtures is also contributing to the growth of this market. The global precision fixture market can be segmented on the basis of type, application and region. On the basis of type, it can be divided into hydraulic fixture, mechanical fixture, modular fixture and electromagnet exiture. The hydraulic fixture segment is expected to hold a major share in this market owing to its ability to provide high clamping force and accuracy levels. On the basis of application, it can be classified into high end gear manufacturing, robot harmonic reducer, automobile gearbox processing and general machinery among others.
Product Definition:
A precision fixture is a device that is used to position and hold two or more parts in close tolerance so they can be joined together.
Hydraulic Fixture:
Precision Fixtures are used in various applications such as medical, automotive and aerospace industries. Hydraulic fixture is a device that is used to mount or secure other machinery or equipment on the production line. It provides stability and accuracy while performing precision operations during the manufacturing process of complex machine components. Precision fixtures help to improve quality, reduce costs & timelines and increase output by reducing errors during production processes.
Mechanical Fixture:
Mechanical fixture is a device used to fixate and hold the precision part during machining process. Precision fixture is an important tool for manufacturing high accuracy parts and assembly with tight tolerance. Precision fixtures are widely used in industries such as automotive, aerospace & defense, medical equipment, semiconductor etc., where quality of products is very important factor.
Application Insights:
The general machinery application segment led the market in 2017 and is projected to expand at a steady CAGR over the forecast period. The growth can be attributed to increasing demand for precision gear manufacturing from various industries such as oil & gas, construction, energy, mining and metal processing.
The robot harmonic reducer application segment is also expected to witness significant growth over the coming years owing to rising demand for high-precision reduction gears from various industries such as automotive, medical equipment and robotics. These types of fixtures are used in industrial robots that require very accurate distances between teeth meshing which cannot be achieved with conventional mechanical systems.
High-end gear manufacturing was another prominent application that accounted for a share of 15% in 2017 owing to growing demand from major end-use industries including aerospace & defense, marine applications among others where high accuracy and tight dimensional tolerances are required on products manufactured using precision machine tools.
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. Increasing industrialization across these countries has resulted in an increased demand for precision equipment. Moreover, rising investments by prominent players for manufacturing precision tools are anticipated to drive growth over the coming years. For instance, In January 2018; SICK AG launched a new product line of high-precision positioning devices under brand name ‘VICON’ at Automotive Shanghai 2018 showroom display technology conference in China.
Europe accounted for a significant share of revenue owing to growing automotive production across major countries such as Germany and France coupled with increasing robotaxis usage within various end-use industries such as metal processing & machining centers etc.
Growth Factors:
- Increasing demand for customized fixtures in automotive and aerospace industries
- Growing demand for technologically advanced fixtures from medical device and semiconductor manufacturers
- Rising popularity of modular fixture systems that offer flexibility and faster time-to-market
- Proliferation of Industry 4.0 concepts such as smart factories and the Internet of Things (IoT) that are driving the need for more sophisticated fixtures
- Emergence of new applications areas such as 3D printing, which is fueling the growth of high-precision fixtures
Scope Of The Report
Report Attributes
Report Details
Report Title
Precision Fixture Market Research Report
By Type
Hydraulic Fixture, Mechanical Fixture, Modular Fixture, Electromagnet Exiture
By Application
High End Gear Manufacturing, Robot Harmonic Reducer, Automobile Gearbox Processing, General Machinery
By Companies
Sandvik, Mapal, Schunk, Big Daishowa Group, Phillips Precision, Mitsubishi Materials, Advance Design And Systems LLC, Vaupell, Kosmek, CENTECH-EG Co Ltd, König-mtm, Wuxi Sincero Precision Machinery Co Ltd, Dongguan Terui Precision Fixture Co Ltd
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
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Precision Fixture Market Report Segments:
The global Precision Fixture market is segmented on the basis of:
Types
Hydraulic Fixture, Mechanical Fixture, Modular Fixture, Electromagnet Exiture
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
High End Gear Manufacturing, Robot Harmonic Reducer, Automobile Gearbox Processing, General Machinery
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:
- Sandvik
- Mapal
- Schunk
- Big Daishowa Group
- Phillips Precision
- Mitsubishi Materials
- Advance Design And Systems LLC
- Vaupell
- Kosmek
- CENTECH-EG Co Ltd
- König-mtm
- Wuxi Sincero Precision Machinery Co Ltd
- Dongguan Terui Precision Fixture Co Ltd
Highlights of The Precision Fixture 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:
- Hydraulic Fixture
- Mechanical Fixture
- Modular Fixture
- Electromagnet Exiture
- By Application:
- High End Gear Manufacturing
- Robot Harmonic Reducer
- Automobile Gearbox Processing
- General Machinery
- 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 Precision Fixture 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?
Precision Fixture is a precision machining and manufacturing company that specializes in the production of high-quality, accurate parts for industrial and commercial customers.
Some of the major players in the precision fixture market are Sandvik, Mapal, Schunk, Big Daishowa Group, Phillips Precision, Mitsubishi Materials, Advance Design And Systems LLC, Vaupell, Kosmek, CENTECH-EG Co Ltd, K¶nig-mtm, Wuxi Sincero Precision Machinery Co Ltd, Dongguan Terui Precision Fixture Co Ltd.
The precision fixture 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 Precision Fixture 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 Precision Fixture Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Precision Fixture 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 Precision Fixture 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 Precision Fixture Market Size & Forecast, 2020-2028
4.5.1 Precision Fixture Market Size and Y-o-Y Growth
4.5.2 Precision Fixture 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 Hydraulic Fixture
5.2.2 Mechanical Fixture
5.2.3 Modular Fixture
5.2.4 Electromagnet Exiture
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 High End Gear Manufacturing
6.2.2 Robot Harmonic Reducer
6.2.3 Automobile Gearbox Processing
6.2.4 General Machinery
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Precision Fixture 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 Precision Fixture 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 Hydraulic Fixture
9.6.2 Mechanical Fixture
9.6.3 Modular Fixture
9.6.4 Electromagnet Exiture
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 High End Gear Manufacturing
9.10.2 Robot Harmonic Reducer
9.10.3 Automobile Gearbox Processing
9.10.4 General Machinery
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 Hydraulic Fixture
10.6.2 Mechanical Fixture
10.6.3 Modular Fixture
10.6.4 Electromagnet Exiture
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 High End Gear Manufacturing
10.10.2 Robot Harmonic Reducer
10.10.3 Automobile Gearbox Processing
10.10.4 General Machinery
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 Hydraulic Fixture
11.6.2 Mechanical Fixture
11.6.3 Modular Fixture
11.6.4 Electromagnet Exiture
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 High End Gear Manufacturing
11.10.2 Robot Harmonic Reducer
11.10.3 Automobile Gearbox Processing
11.10.4 General Machinery
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 Hydraulic Fixture
12.6.2 Mechanical Fixture
12.6.3 Modular Fixture
12.6.4 Electromagnet Exiture
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 High End Gear Manufacturing
12.10.2 Robot Harmonic Reducer
12.10.3 Automobile Gearbox Processing
12.10.4 General Machinery
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 Hydraulic Fixture
13.6.2 Mechanical Fixture
13.6.3 Modular Fixture
13.6.4 Electromagnet Exiture
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 High End Gear Manufacturing
13.10.2 Robot Harmonic Reducer
13.10.3 Automobile Gearbox Processing
13.10.4 General Machinery
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 Precision Fixture Market: Competitive Dashboard
14.2 Global Precision Fixture Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sandvik
14.3.2 Mapal
14.3.3 Schunk
14.3.4 Big Daishowa Group
14.3.5 Phillips Precision
14.3.6 Mitsubishi Materials
14.3.7 Advance Design And Systems LLC
14.3.8 Vaupell
14.3.9 Kosmek
14.3.10 CENTECH-EG Co Ltd
14.3.11 König-mtm
14.3.12 Wuxi Sincero Precision Machinery Co Ltd
14.3.13 Dongguan Terui Precision Fixture Co Ltd
