Market Overview:
The global grinding chucks industry market is segmented on the basis of type, application and region. The type segment is further divided into 3 claws, 6 claws and other. The application segment is classified into metallurgical industry, machinery manufacturing industry and other. The regional segmentation includes North America, Latin America, Europe, Asia Pacific and Middle East & Africa. The global grinding chucks industry market is expected to grow at a CAGR of 5% during the forecast period from 2018 to 2030. Some of the key factors that are expected to drive the growth of this market include increasing demand for precision machining products due to technological advancements in various industries such as automotive and aerospace sectors; rising demand for high-quality products from end-use industries; growing awareness about benefits offered by grinding chucks among industrialists; surging investments in research & development activities for product innovation; and expanding base of machine shops across regions worldwide. However, volatility in prices of raw materials used in manufacturing grinding chucks may restrain the growth of this market during the forecast period.
Product Definition:
A grinding chuck is a type of collet that holds a workpiece in a lathe for grinding. The jaws of the chuck are opened and closed by means of a threaded spindle.
3 Claws:
3 CLAWS is a software solution that provides the user with three working grinding machines, which are mounted on one device. The programmability of 3 CLAWS makes it possible to grind different types of materials in the same machine.
The three working machines have their own independent spindles and work simultaneously, thereby increasing productivity by a significant margin as compared to conventional systems.
6 Claws:
6 Claws and it's usage in grinding chucks industry is used for removing material from the work piece by exerting high radial force on the work piece. The product consists of six metal blades attached to a central hub with a hexagonal nut at each end. The product is usually mounted on an electric motor which can be driven by direct drive, induction or servo motors.
Application Insights:
The metallurgical industry was the largest application segment in 2017 and accounted for a market share of over 45% in terms of revenue. The growth can be attributed to increasing demand for steel from construction, automotive and other industries. In addition, the dominance is also because of high demand for specialty steel from various end-use industries such as machinery manufacturing which requires precise grinding operations to produce high quality metal parts with desired shapes.
The machinery manufacturing industry is expected to grow at a significant rate over the forecast period owing to rising investments by governments across countries in order to develop infrastructure on par with global standards. This development has resulted in increased requirement for precision grinding equipment by manufacturers who are building large scale industrial facilities or machineries that will eventually replace humans with machines throughout factories worldwide.
Other applications include mining, foundry.
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. These countries are experiencing strong economic growth owing to rapid industrialization and urbanization. Furthermore, these countries have a large number of steel production facilities due to their abundant availability of raw materials coupled with low labor costs as compared to other regions.
The Asia Pacific region was followed by Europe in terms of revenue share in 2017 as it is also one of the largest producers of machinery manufacturing industry globally along with being a major exporter across international markets such as U.S.
Growth Factors:
- Increasing demand from automotive and aerospace industries
- Growing demand for precision grinding in the manufacturing sector
- Rising popularity of grinding chucks as a versatile tool for machining operations
- Technological advancements in grinding chuck design and construction
- Growing awareness about the benefits of using grinding chucks in various industrial applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Grinding Chucks Industry Market Research Report
By Type
3 Claws, 6 Claws, Other
By Application
Metallurgical Industry, Machinery Manufacturing Industry, Other
By Companies
ROHM, WALTER, Maprox GmbH, EMUGE FRANKEN, WALMAG MAGNETICS, s.r.o., SYSTEM 3R, MAPAL, Briney, NT Tool, Ortlieb Prazisions, Wen Technology, SCHUNK, HAINBUCH, OMIL, Ningbo Derek Tools 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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Grinding Chucks Industry Market Report Segments:
The global Grinding Chucks Industry market is segmented on the basis of:
Types
3 Claws, 6 Claws, Other
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
Metallurgical Industry, Machinery Manufacturing Industry, Other
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:
- ROHM
- WALTER
- Maprox GmbH
- EMUGE FRANKEN
- WALMAG MAGNETICS, s.r.o.
- SYSTEM 3R
- MAPAL
- Briney
- NT Tool
- Ortlieb Prazisions
- Wen Technology
- SCHUNK
- HAINBUCH
- OMIL
- Ningbo Derek Tools Co., Ltd
Highlights of The Grinding Chucks Industry 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:
- 3 Claws
- 6 Claws
- Other
- By Application:
- Metallurgical Industry
- Machinery Manufacturing Industry
- Other
- 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 Grinding Chucks Industry 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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- 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?
The grinding chucks industry is a manufacturing industry that produces grinder machines used in various industries such as food, pharmaceuticals, and chemical. The machines are used to grind materials into smaller pieces by rotating them around a cylindrical or conical surface.
Some of the key players operating in the grinding chucks industry market are ROHM, WALTER, Maprox GmbH, EMUGE FRANKEN, WALMAG MAGNETICS, s.r.o., SYSTEM 3R, MAPAL, Briney, NT Tool, Ortlieb Prazisions, Wen Technology, SCHUNK, HAINBUCH, OMIL, Ningbo Derek Tools Co., Ltd.
The grinding chucks industry market is expected to register a CAGR of 5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Grinding Chucks Industry Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Grinding Chucks Industry Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Grinding Chucks Industry Market - Supply Chain
4.5. Global Grinding Chucks Industry Market Forecast
4.5.1. Grinding Chucks Industry Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Grinding Chucks Industry Market Size (000 Units) and Y-o-Y Growth
4.5.3. Grinding Chucks Industry Market Absolute $ Opportunity
5. Global Grinding Chucks Industry Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Grinding Chucks Industry Market Size and Volume Forecast by Type
5.3.1. 3 Claws
5.3.2. 6 Claws
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Grinding Chucks Industry Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Grinding Chucks Industry Market Size and Volume Forecast by Application
6.3.1. Metallurgical Industry
6.3.2. Machinery Manufacturing Industry
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Grinding Chucks Industry Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Grinding Chucks Industry Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Grinding Chucks Industry Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Grinding Chucks Industry Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Grinding Chucks Industry Demand Share Forecast, 2019-2026
9. North America Grinding Chucks Industry Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Grinding Chucks Industry Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Grinding Chucks Industry Market Size and Volume Forecast by Application
9.4.1. Metallurgical Industry
9.4.2. Machinery Manufacturing Industry
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Grinding Chucks Industry Market Size and Volume Forecast by Type
9.7.1. 3 Claws
9.7.2. 6 Claws
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Grinding Chucks Industry Demand Share Forecast, 2019-2026
10. Latin America Grinding Chucks Industry Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Grinding Chucks Industry Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Grinding Chucks Industry Market Size and Volume Forecast by Application
10.4.1. Metallurgical Industry
10.4.2. Machinery Manufacturing Industry
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Grinding Chucks Industry Market Size and Volume Forecast by Type
10.7.1. 3 Claws
10.7.2. 6 Claws
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Grinding Chucks Industry Demand Share Forecast, 2019-2026
11. Europe Grinding Chucks Industry Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Grinding Chucks Industry Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Grinding Chucks Industry Market Size and Volume Forecast by Application
11.4.1. Metallurgical Industry
11.4.2. Machinery Manufacturing Industry
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Grinding Chucks Industry Market Size and Volume Forecast by Type
11.7.1. 3 Claws
11.7.2. 6 Claws
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Grinding Chucks Industry Demand Share, 2019-2026
12. Asia Pacific Grinding Chucks Industry Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Grinding Chucks Industry Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Grinding Chucks Industry Market Size and Volume Forecast by Application
12.4.1. Metallurgical Industry
12.4.2. Machinery Manufacturing Industry
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Grinding Chucks Industry Market Size and Volume Forecast by Type
12.7.1. 3 Claws
12.7.2. 6 Claws
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Grinding Chucks Industry Demand Share, 2019-2026
13. Middle East & Africa Grinding Chucks Industry Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Grinding Chucks Industry Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Grinding Chucks Industry Market Size and Volume Forecast by Application
13.4.1. Metallurgical Industry
13.4.2. Machinery Manufacturing Industry
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Grinding Chucks Industry Market Size and Volume Forecast by Type
13.7.1. 3 Claws
13.7.2. 6 Claws
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Grinding Chucks Industry Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Grinding Chucks Industry Market: Market Share Analysis
14.2. Grinding Chucks Industry Distributors and Customers
14.3. Grinding Chucks Industry Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ROHM
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. WALTER
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Maprox GmbH
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. EMUGE FRANKEN
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. WALMAG MAGNETICS, s.r.o.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SYSTEM 3R
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. MAPAL
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Briney
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. NT Tool
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ortlieb Prazisions
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Wen Technology
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. SCHUNK
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. HAINBUCH
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. OMIL
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Ningbo Derek Tools Co., Ltd
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
