Market Overview:
The global thread plug gauges 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 thread plug gauges from various end-use industries, such as automotive and general machine manufacturing. In addition, the growing demand for precision measurement tools is also contributing to the growth of this market. Based on type, the global thread plug gauges market can be segmented into tungsten carbide, steel, ceramics and others. Tungsten carbide is expected to account for a major share of this market during the forecast period owing to its properties such as hardness and wear resistance. Based on application, the global thread plug gauges market can be segmented into automotive, general machine manufacturing, pipes and others. The automotive industry is expected to account for a major share of this market duringthe forecast period owingtoits high demand from developed countries across regions such as North Americaand Europe .
Product Definition:
Thread plug gauges are used to measure the pitch diameter, major diameter and minor diameter of a threaded hole. They can also be used to check the fit of a threaded fastener in a threaded hole.
Tungsten Carbide:
Tungsten carbide is a material that possesses high resistance to wear and tear, high hardness, and excellent strength. It has applications in various industries including automotive industry. Tungsten carbide is used as an abrasive in the form of powder or granules for polishing purposes during car manufacturing process. The growing automotive industry across the globe coupled with increasing demand for polishing agents is expected to drive market growth over the forecast period.
Steel:
Steel is a alloy of iron and carbon. It has various beneficial properties such as high strength, hardness, corrosion resistance and ductility. Steel is used in the manufacturing of various products such as fasteners, nuts & bolts, machine parts etc.
Application Insights:
The automotive application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. General machine manufacturing was the second largest segment in 2017, which includes heavy machinery, construction equipment and other industrial applications. The general machine manufacturing industry has been growing significantly across developing countries due to increasing demand for high-tech products coupled with low cost labor rates. This factor is expected to drive product demand over the coming years.
Thread plug gauges are used extensively in various industries including oil & gas, chemical processing, power generation and petrochemicals among others owing to their benefits such as precise sizing capability; they help reduce part count.
Regional Analysis:
North America dominated the global thread plug gauges market in 2017. The region is expected to witness a growth rate of 5.6% over the forecast period, owing to increasing demand for lightweight and more efficient vehicles coupled with stringent CAFE regulations in the U.S.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period due to rapid industrialization along with growing automotive industry in India, China, Japan leading towards higher sales volume thus boosting product demand over next eight years. Europe also accounted for a significant share of global market revenue owing to high usage rates of advanced products by major automobile manufacturers including Volkswagen Group; BMW AG; Mercedes Benz AG Daimler AG; Ferrari SPA.; Fiat Chrysler Automobiles N.V.
Growth Factors:
- Increasing demand for thread plug gauges from the automotive and aerospace industries
- Growing popularity of thread plug gauges in the Asia Pacific region
- Rising demand for customized thread plug gauges
- Technological advancements in the manufacturing of thread plug gauges
- Growing awareness about the benefits of using thread plug gauges
Scope Of The Report
Report Attributes
Report Details
Report Title
Thread Plug Gauges Market Research Report
By Type
Tungsten Carbide, Steel, Ceramics, Others
By Application
Automotive, General Machine manufacturing, Pipes, Others
By Companies
OSG Corporation, OJIYA SEIKI Co.,Ltd, ISSOKU JAPAN, Niigata Seiki, Eisen, Sokuhansha, Dragon Precision
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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Thread Plug Gauges Market Report Segments:
The global Thread Plug Gauges market is segmented on the basis of:
Types
Tungsten Carbide, Steel, Ceramics, 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
Automotive, General Machine manufacturing, Pipes, 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:
- OSG Corporation
- OJIYA SEIKI Co.,Ltd
- ISSOKU JAPAN
- Niigata Seiki
- Eisen
- Sokuhansha
- Dragon Precision
Highlights of The Thread Plug Gauges 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:
- Tungsten Carbide
- Steel
- Ceramics
- Others
- By Application:
- Automotive
- General Machine manufacturing
- Pipes
- 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 Thread Plug Gauges 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
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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?
Thread plug gauges are used to measure the thread size of a bolt or screw. They are inserted into the threaded hole and rotated until they stop. The number that is displayed indicates the size of thread in inches.
Some of the major players in the thread plug gauges market are OSG Corporation, OJIYA SEIKI Co.,Ltd, ISSOKU JAPAN, Niigata Seiki, Eisen, Sokuhansha, Dragon Precision.
The thread plug gauges 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 Thread Plug Gauges 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 Thread Plug Gauges Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thread Plug Gauges 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 Thread Plug Gauges 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 Thread Plug Gauges Market Size & Forecast, 2020-2028
4.5.1 Thread Plug Gauges Market Size and Y-o-Y Growth
4.5.2 Thread Plug Gauges 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 Tungsten Carbide
5.2.2 Steel
5.2.3 Ceramics
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 Automotive
6.2.2 General Machine manufacturing
6.2.3 Pipes
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thread Plug Gauges 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 Thread Plug Gauges 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 Tungsten Carbide
9.6.2 Steel
9.6.3 Ceramics
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 Automotive
9.10.2 General Machine manufacturing
9.10.3 Pipes
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 Tungsten Carbide
10.6.2 Steel
10.6.3 Ceramics
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 Automotive
10.10.2 General Machine manufacturing
10.10.3 Pipes
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 Tungsten Carbide
11.6.2 Steel
11.6.3 Ceramics
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 Automotive
11.10.2 General Machine manufacturing
11.10.3 Pipes
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 Tungsten Carbide
12.6.2 Steel
12.6.3 Ceramics
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 Automotive
12.10.2 General Machine manufacturing
12.10.3 Pipes
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 Tungsten Carbide
13.6.2 Steel
13.6.3 Ceramics
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 Automotive
13.10.2 General Machine manufacturing
13.10.3 Pipes
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 Thread Plug Gauges Market: Competitive Dashboard
14.2 Global Thread Plug Gauges Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 OSG Corporation
14.3.2 OJIYA SEIKI Co.,Ltd
14.3.3 ISSOKU JAPAN
14.3.4 Niigata Seiki
14.3.5 Eisen
14.3.6 Sokuhansha
14.3.7 Dragon Precision
