Market Overview:
The global machine vice 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 machine vices from various end-use industries, such as automotive, aerospace & defense, and metalworking. In addition, the growing online sales channel is also contributing to the growth of this market. The global machine vice market can be segmented on the basis of type into hydraulic machine vice and pneumatic machine vice. The hydraulic machine vice segment is expected to hold a major share in this market during the forecast period owing to its high performance and durability. On the basis of application, this market can be divided into offline sales and online sales channels.
Product Definition:
A machine vice is a metalworking tool which is used to hold workpieces in place while they are being machined. The workpiece is clamped in the jaws of the vice, which are then tightened to secure it. Machine vises are usually made from cast iron or steel, and come in a variety of sizes depending on the application. They are an important tool for machinists, as they allow them to secure and precision-machine large or small parts.
Hydraulic Machine Vice:
The global hydraulic machine vice market size was valued at USD 1.6 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period on account of its increasing usage in heavy-duty machining applications across various industries including automotive, aerospace & defense, construction equipment and others. The rising demand for automation in these sectors is anticipated to drive the market growth over the forecast period.
Pneumatic Machine Vice:
Pneumatic machine vice is a device used to transfer the working pressure between two or more machines. It consists of an airtight connection between one or more pistons and one or more connecting rods, which are moved by compressed air, steam, hydraulic fluid or other medium. The pneumatic machine vice can be closed at both ends; i.e., it has a return valve and an input valve (or no valves).
Application Insights:
The offline sales application segment dominated the global machine vice market in 2017 and is expected to maintain its dominance over the forecast period. Offline sales applications include warehouse automation, material handling, packaging and storage. The need for tracking inventory across different departments within a company has become critical as companies are facing mounting pressure from external sources to reduce costs and increase margins. Automated solutions that help improve efficiency across all departments have been gaining traction with customers globally.
Offline sales accounted for a significant share of revenue in 2017 owing to increasing demand from end-use industries such as automotive, aerospace & defense, industrial manufacturing etc., which require high precision when it comes to managing their supply chain operations effectively using state-of-the-art technology tools coupled with advanced analytics capabilities that can provide real time visibility into customer behavior patterns along with historical data regarding past orders so as to optimize production planning & execution thereby driving the growth of this segment over the forecast period.
Regional Analysis:
Asia Pacific dominated the global machine vices market in 2017. The region is expected to maintain its position during the forecast period owing to presence of prominent online and offline retailers, along with a large customer base. China and India are among the largest markets for e-commerce in this region, which has resulted in high penetration of online retailers over the last few years. This factor is also expected to have a positive impact on regional growth over the next eight years.
North America accounted for more than 20% share of total revenue generated by global machine vice market in 2017 due to high demand from U.S., coupled with growing number of manufacturers present across this region including CMI, Kistler Instrumente AG & Co., Ltd., Vickers Machine Company Incorporated, etc.
Growth Factors:
- Increasing demand for machine vice in automobile and aerospace industry due to the need for precision machining.
- Rising adoption of CNC machines in small and medium-sized enterprises (SMEs) due to the lower cost of ownership and ease of use.
- Growing demand for high-quality machine vice from original equipment manufacturers (OEMs).
- Increasing investments in research and development (R&D) activities by leading players to develop new products and technologies.
- Proliferation of online platforms that offer a wide range of machine vice at competitive prices, which is aiding the growth of the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Machine Vice Market Research Report
By Type
Hydraulic Machine Vice, Pneumatic Machine Vice
By Application
Offline Sales, Online Sales
By Companies
Kurt Manufacturing Company, Gerardi, KITAGAWA, Hilma-Römheld (ROEMHELD Group ), ALLMATIC-Jakob Spannsysteme, Jergens, LANG Technik, Georg Kesel, HERBERT, RÖHM, Fresmak, SPREITZER, OK-VISE, Raptor Workholding Products, 5th Axis
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 Machine Vice Market Report Segments:
The global Machine Vice market is segmented on the basis of:
Types
Hydraulic Machine Vice, Pneumatic Machine Vice
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
Offline Sales, Online Sales
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:
- Kurt Manufacturing Company
- Gerardi
- KITAGAWA
- Hilma-Römheld (ROEMHELD Group )
- ALLMATIC-Jakob Spannsysteme
- Jergens
- LANG Technik
- Georg Kesel
- HERBERT
- RÖHM
- Fresmak
- SPREITZER
- OK-VISE
- Raptor Workholding Products
- 5th Axis
Highlights of The Machine Vice 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 Machine Vice
- Pneumatic Machine Vice
- By Application:
- Offline Sales
- Online Sales
- 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 Machine Vice 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?
Machine vice is a term used to describe the act of performing an action on a machine that would normally be performed by someone else.
Some of the major companies in the machine vice market are Kurt Manufacturing Company, Gerardi, KITAGAWA, Hilma-RƒÂ¶mheld (ROEMHELD Group ), ALLMATIC-Jakob Spannsysteme, Jergens, LANG Technik, Georg Kesel, HERBERT, Rƒâ€“HM, Fresmak, SPREITZER, OK-VISE, Raptor Workholding Products, 5th Axis.
The machine vice market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Machine Vice 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. Machine Vice Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Machine Vice Market - Supply Chain
4.5. Global Machine Vice Market Forecast
4.5.1. Machine Vice Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Machine Vice Market Size (000 Units) and Y-o-Y Growth
4.5.3. Machine Vice Market Absolute $ Opportunity
5. Global Machine Vice 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. Machine Vice Market Size and Volume Forecast by Type
5.3.1. Hydraulic Machine Vice
5.3.2. Pneumatic Machine Vice
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Machine Vice 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. Machine Vice Market Size and Volume Forecast by Application
6.3.1. Offline Sales
6.3.2. Online Sales
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Machine Vice 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. Machine Vice 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 Machine Vice 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. Machine Vice 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 Machine Vice Demand Share Forecast, 2019-2026
9. North America Machine Vice 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 Machine Vice 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 Machine Vice Market Size and Volume Forecast by Application
9.4.1. Offline Sales
9.4.2. Online Sales
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Machine Vice Market Size and Volume Forecast by Type
9.7.1. Hydraulic Machine Vice
9.7.2. Pneumatic Machine Vice
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 Machine Vice Demand Share Forecast, 2019-2026
10. Latin America Machine Vice 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 Machine Vice 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 Machine Vice Market Size and Volume Forecast by Application
10.4.1. Offline Sales
10.4.2. Online Sales
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Machine Vice Market Size and Volume Forecast by Type
10.7.1. Hydraulic Machine Vice
10.7.2. Pneumatic Machine Vice
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 Machine Vice Demand Share Forecast, 2019-2026
11. Europe Machine Vice 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 Machine Vice 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 Machine Vice Market Size and Volume Forecast by Application
11.4.1. Offline Sales
11.4.2. Online Sales
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Machine Vice Market Size and Volume Forecast by Type
11.7.1. Hydraulic Machine Vice
11.7.2. Pneumatic Machine Vice
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 Machine Vice Demand Share, 2019-2026
12. Asia Pacific Machine Vice 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 Machine Vice 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 Machine Vice Market Size and Volume Forecast by Application
12.4.1. Offline Sales
12.4.2. Online Sales
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Machine Vice Market Size and Volume Forecast by Type
12.7.1. Hydraulic Machine Vice
12.7.2. Pneumatic Machine Vice
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 Machine Vice Demand Share, 2019-2026
13. Middle East & Africa Machine Vice 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 Machine Vice 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 Machine Vice Market Size and Volume Forecast by Application
13.4.1. Offline Sales
13.4.2. Online Sales
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Machine Vice Market Size and Volume Forecast by Type
13.7.1. Hydraulic Machine Vice
13.7.2. Pneumatic Machine Vice
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 Machine Vice Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Machine Vice Market: Market Share Analysis
14.2. Machine Vice Distributors and Customers
14.3. Machine Vice Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Kurt Manufacturing Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Gerardi
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. KITAGAWA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hilma-Römheld (ROEMHELD Group )
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ALLMATIC-Jakob Spannsysteme
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jergens
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. LANG Technik
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Georg Kesel
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. HERBERT
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. RÖHM
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Fresmak
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. SPREITZER
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. OK-VISE
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Raptor Workholding Products
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. 5th Axis
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