Market Overview:
The global thread ring 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 ring gauges in various end-use industries, such as automotive, aerospace, farm equipment manufacturing, medical device manufacturing and oil rig manufacturing. In addition, the growing demand for high-quality thread ring gauges across different geographies is also contributing to the growth of this market. Based on type, the global thread ring gauges market can be segmented into tungsten carbide, steel and ceramics. 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 ring gauges market can be segmented into automotive, aerospace,, farm equipment manufacturing,, medical device manufacturing and oil rig Manufacturing among others).
Product Definition:
Thread ring gauges are used to measure the pitch diameter and width of external threads. They can also be used to check the form of internal threads. The most common type is a split gauge, which has two halves that fit around the thread.
Tungsten Carbide:
Tungsten carbide is a material that consists of tungsten and carbon. It has high density, great mechanical properties, and excellent corrosion resistance. Tungsten carbide is used in applications such as automotive parts where high strength is required along with good wear resistance.
Steel:
Steel is a alloy of iron and carbon. It has various applications in the automotive industry, construction industry, consumer goods industry and medical equipment industry. The global thread ring gauges market size was valued at USD 1.5 billion in 2016 and is expected to grow at a CAGR of XX% from 2017 to 2024 on account of increasing demand for steel from key application industries including automotive & transportation, construction machinery & equipment, industrial machinery as well as medical devices manufacturing sector.
Application Insights:
The automotive application segment accounted for the largest share of over 30.0% in 2017. The use of thread rings has been prevalent in the manufacturing of engine components, brake systems, transmission components and other mechanical parts since early 20th century. The growth of this industry is largely dependent on supply and demand fluctuations within region as well as across different regions. In addition, changes in government regulations related to vehicle emissions also have a significant impact on market dynamics.
Aerospace is expected to be one of the fastest-growing segments during forecast years due to increasing production rates for commercial aircraft by major manufacturers such as Airbus SE & A320neo (Airbus), Embraer S/Ea (Embraer) and ATR Corporation (ATR). Moreover, strong product demand from military aircraft manufacturers including Russia¢â‚¬â„¢s Sukhoi Civil Aircraft Company are expected to drive industry expansion over next few years.
Regional Analysis:
Asia Pacific dominated the global thread ring gauges market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rapid industrialization, availability of cheap labor, and increasing foreign investments in various sectors such as aerospace & defense, automotive manufacturing, etc.
The Asia Pacific has a huge demand for steel products owing to growing automobile production across countries such as India and China. In addition, rising investments from multinational companies are anticipated to boost product demand across this region over the forecast period. For instance; Airbus S A recently announced plans for investing around USD X million per year on expanding operations in China by 2021 which will lead to an increase in aircraft deliveries thereby boosting product utilization across this industry vertical.
Europe accounted for more than 20% share of global revenue due with high consumption levels of steel products particularly from Germany.
Growth Factors:
- Increasing demand for high-quality thread ring gauges from end-use industries
- Rising popularity of thread ring gauges in the automotive sector
- Growing demand for customized thread ring gauges
- Proliferation of advanced manufacturing technologies
- Rising investments by key players in research and development
Scope Of The Report
Report Attributes
Report Details
Report Title
Thread Ring Gauges Market Research Report
By Type
Tungsten Carbide, Steel, Ceramics, Others
By Application
Automotive, Aerospace, Farm Equipment Manufacturing, Medical Device Manufacturing, Oil Rig Manufacturing, Others
By Companies
CSG, OSG Corporation, Sokuhansha, Eisen, Johs. Boss GmbH & Co. KG, OJIYA SEIKI Co.,Ltd, Dragon Precision, Niigata Seiki, ISSOKU, Yorkshire Precision Gauges, U.S. Gage, Meyer Gage, Ingram Gage, Deltronic, Gage Assembly, GTMA, PMC Lone Star
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
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Thread Ring Gauges Market Report Segments:
The global Thread Ring 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, Aerospace, Farm Equipment Manufacturing, Medical Device Manufacturing, Oil Rig Manufacturing, 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:
- CSG
- OSG Corporation
- Sokuhansha
- Eisen
- Johs. Boss GmbH & Co. KG
- OJIYA SEIKI Co.,Ltd
- Dragon Precision
- Niigata Seiki
- ISSOKU
- Yorkshire Precision Gauges
- U.S. Gage
- Meyer Gage
- Ingram Gage
- Deltronic
- Gage Assembly
- GTMA
- PMC Lone Star
Highlights of The Thread Ring 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
- Aerospace
- Farm Equipment Manufacturing
- Medical Device Manufacturing
- Oil Rig Manufacturing
- 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 Ring 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.
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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 ring gauges are a type of sizing tool used to measure the diameter of a thread. They are typically made from metal or plastic and have a series of graduated rings that can be rotated to measure the size of the thread.
Some of the major players in the thread ring gauges market are CSG, OSG Corporation, Sokuhansha, Eisen, Johs. Boss GmbH & Co. KG, OJIYA SEIKI Co.,Ltd, Dragon Precision, Niigata Seiki, ISSOKU, Yorkshire Precision Gauges, U.S. Gage, Meyer Gage, Ingram Gage, Deltronic, Gage Assembly, GTMA, PMC Lone Star.
The thread ring 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 Ring 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 Ring Gauges Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thread Ring 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 Ring 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 Ring Gauges Market Size & Forecast, 2020-2028
4.5.1 Thread Ring Gauges Market Size and Y-o-Y Growth
4.5.2 Thread Ring 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 Aerospace
6.2.3 Farm Equipment Manufacturing
6.2.4 Medical Device Manufacturing
6.2.5 Oil Rig Manufacturing
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thread Ring 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 Ring 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 Aerospace
9.10.3 Farm Equipment Manufacturing
9.10.4 Medical Device Manufacturing
9.10.5 Oil Rig Manufacturing
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 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 Aerospace
10.10.3 Farm Equipment Manufacturing
10.10.4 Medical Device Manufacturing
10.10.5 Oil Rig Manufacturing
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 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 Aerospace
11.10.3 Farm Equipment Manufacturing
11.10.4 Medical Device Manufacturing
11.10.5 Oil Rig Manufacturing
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 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 Aerospace
12.10.3 Farm Equipment Manufacturing
12.10.4 Medical Device Manufacturing
12.10.5 Oil Rig Manufacturing
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) 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 Aerospace
13.10.3 Farm Equipment Manufacturing
13.10.4 Medical Device Manufacturing
13.10.5 Oil Rig Manufacturing
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 Thread Ring Gauges Market: Competitive Dashboard
14.2 Global Thread Ring Gauges Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CSG
14.3.2 OSG Corporation
14.3.3 Sokuhansha
14.3.4 Eisen
14.3.5 Johs. Boss GmbH & Co. KG
14.3.6 OJIYA SEIKI Co.,Ltd
14.3.7 Dragon Precision
14.3.8 Niigata Seiki
14.3.9 ISSOKU
14.3.10 Yorkshire Precision Gauges
14.3.11 U.S. Gage
14.3.12 Meyer Gage
14.3.13 Ingram Gage
14.3.14 Deltronic
14.3.15 Gage Assembly
14.3.16 GTMA
14.3.17 PMC Lone Star
