Market Overview:
The global workholding tools market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for precision components in various industries, such as automotive, aerospace & defense, and medical devices. In addition, the growing adoption of CNC machines across various industries is also contributing to the growth of the global workholding tools market. The clamping vise segment is expected to hold a dominant position in the global workholding tools market during the forecast period from 2018 to 2030. This segment is anticipated to grow at a CAGR of 5.8% during this period owing to its ability to securely hold objects in place for machining or welding operations.
Product Definition:
Workholding tools are used to hold a workpiece in place while it is being machined. They are important because they ensure that the workpiece is stable and does not move during the machining process, which can lead to inaccurate results.
Clamping Vise:
A clamping vise is a mechanical device used to secure workpieces in place while performing operations such as drilling, sanding, grinding or cutting. The working part of the vise consists of two metal jaws that can be opened and closed by a screw mechanism. The size of these vises vary according to the application; they are available in small sizes for light duty applications and large sizes for heavy duty applications.
Work Supports:
Work supports are used in workholding tools to provide stability and support to the cutting tool or equipment. The work supports can be classified into two types, fixed and movable. Fixed work supports include structures such as stands, clamps, blocks, dogs etc., while movable ones are portable structures like platforms and cranes. Work supporting equipment is required in all kinds of machining operations where accuracy is important but fixtures cannot be compromised with for convenience of use.
Application Insights:
The others application segment includes assembly, CNC machining, and other applications. The use of workholding tools in the assembly process has gained significant traction over the past few years. The global manufacturing landscape is witnessing a sea of change as countries like China and India are moving from an assembling to a fabricating nation. Assembling various components using fasteners requires accurate positioning for successful bonding or soldering operations which can be achieved by holding the component with precision clamps or supports while tightening/bonding/soldering etc. Precision components application segment held around 20% market share in terms of revenue in 2017 on account of increasing demand for high-precision mechanical products across several industries including automotive, aerospace & defense, medical equipment & parts among others.
CNC machining is another important sector that drives industry growth significantly owing to its ability to produce highly complex parts with accuracy.
Regional Analysis:
Asia Pacific dominated the global workholding tools market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for high-precision components and rapid industrialization in emerging economies, such as China and India. In addition, rising investments by governments of various countries are anticipated to drive the regional market further.
North America accounted for a significant share of revenue in 2017 owing to growing demand from several industries including aerospace & defense (AD), automotive (AM), energy & power (EP) among others. Moreover; growing need for higher precision components due to stringent regulations is also driving this regional market growth.
Growth Factors:
- Increasing demand for miniaturization in the electronics industry is expected to drive the workholding tools market.
- The automotive industry is also projected to witness significant growth in the workholding tools market, owing to increasing demand for lightweight and fuel-efficient vehicles.
- Rapid industrialization in emerging economies such as China and India is anticipated to create lucrative opportunities for the workholding tools market during the forecast period.
- Growing investments by Original Equipment Manufacturers (OEMs) in research and development activities are expected to result in innovative product launches, which will subsequently boost the growth of this market during the forecast period. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Workholding Tools Market Research Report
By Type
Clamping Vise, Work Supports, Workholding Cylinders, Chucks, Others
By Application
CNC, Precision Components, Others
By Companies
Hardinge, Inc., 5th Axis, Röhm, Jergens, Inc., Dover, ENERPAC, Kurt Manufacturing Company, Inc., Schunk, Chick Workholding Solutions, Inc., Kitagawa, Römheld GmbH Friedrichshütte, Hainbuch GmbH
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
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Workholding Tools Market Report Segments:
The global Workholding Tools market is segmented on the basis of:
Types
Clamping Vise, Work Supports, Workholding Cylinders, Chucks, 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
CNC, Precision Components, 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:
- Hardinge, Inc.
- 5th Axis
- Röhm
- Jergens, Inc.
- Dover
- ENERPAC
- Kurt Manufacturing Company, Inc.
- Schunk
- Chick Workholding Solutions, Inc.
- Kitagawa
- Römheld GmbH Friedrichshütte
- Hainbuch GmbH
Highlights of The Workholding Tools 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:
- Clamping Vise
- Work Supports
- Workholding Cylinders
- Chucks
- Others
- By Application:
- CNC
- Precision Components
- 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 Workholding Tools 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?
Workholding tools are a type of tool used in the manufacturing process that help workers hold and manipulate objects while they are working. They can be handheld or mounted on an arm or machine.
Some of the major players in the workholding tools market are Hardinge, Inc., 5th Axis, R¶hm, Jergens, Inc., Dover, ENERPAC, Kurt Manufacturing Company, Inc., Schunk, Chick Workholding Solutions, Inc., Kitagawa, R¶mheld GmbH Friedrichsh¼tte, Hainbuch GmbH.
The workholding tools 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 Workholding Tools 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 Workholding Tools Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Workholding Tools 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 Workholding Tools 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 Workholding Tools Market Size & Forecast, 2018-2028
4.5.1 Workholding Tools Market Size and Y-o-Y Growth
4.5.2 Workholding Tools Market Absolute $ Opportunity
Chapter 5 Global Workholding Tools 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 Workholding Tools Market Size Forecast by Type
5.2.1 Clamping Vise
5.2.2 Work Supports
5.2.3 Workholding Cylinders
5.2.4 Chucks
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Workholding Tools 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 Workholding Tools Market Size Forecast by Applications
6.2.1 CNC
6.2.2 Precision Components
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Workholding Tools 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 Workholding Tools 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 Workholding Tools Analysis and Forecast
9.1 Introduction
9.2 North America Workholding Tools 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 Workholding Tools Market Size Forecast by Type
9.6.1 Clamping Vise
9.6.2 Work Supports
9.6.3 Workholding Cylinders
9.6.4 Chucks
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 Workholding Tools Market Size Forecast by Applications
9.10.1 CNC
9.10.2 Precision Components
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 Workholding Tools Analysis and Forecast
10.1 Introduction
10.2 Europe Workholding Tools 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 Workholding Tools Market Size Forecast by Type
10.6.1 Clamping Vise
10.6.2 Work Supports
10.6.3 Workholding Cylinders
10.6.4 Chucks
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 Workholding Tools Market Size Forecast by Applications
10.10.1 CNC
10.10.2 Precision Components
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 Workholding Tools Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Workholding Tools 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 Workholding Tools Market Size Forecast by Type
11.6.1 Clamping Vise
11.6.2 Work Supports
11.6.3 Workholding Cylinders
11.6.4 Chucks
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 Workholding Tools Market Size Forecast by Applications
11.10.1 CNC
11.10.2 Precision Components
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 Workholding Tools Analysis and Forecast
12.1 Introduction
12.2 Latin America Workholding Tools 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 Workholding Tools Market Size Forecast by Type
12.6.1 Clamping Vise
12.6.2 Work Supports
12.6.3 Workholding Cylinders
12.6.4 Chucks
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 Workholding Tools Market Size Forecast by Applications
12.10.1 CNC
12.10.2 Precision Components
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) Workholding Tools Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Workholding Tools 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) Workholding Tools Market Size Forecast by Type
13.6.1 Clamping Vise
13.6.2 Work Supports
13.6.3 Workholding Cylinders
13.6.4 Chucks
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) Workholding Tools Market Size Forecast by Applications
13.10.1 CNC
13.10.2 Precision Components
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 Workholding Tools Market: Competitive Dashboard
14.2 Global Workholding Tools Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hardinge, Inc.
14.3.2 5th Axis
14.3.3 Röhm
14.3.4 Jergens, Inc.
14.3.5 Dover
14.3.6 ENERPAC
14.3.7 Kurt Manufacturing Company, Inc.
14.3.8 Schunk
14.3.9 Chick Workholding Solutions, Inc.
14.3.10 Kitagawa
14.3.11 Römheld GmbH Friedrichshütte
14.3.12 Hainbuch GmbH
