Global Manual and Power-Operated Chucks Market Growth 2023-2029
The primary advantage of a power chuck is increased efficiency, along with more consistent pressure on the workpiece. Compression on the workpiece is constant, as air or hydraulic pressure hold the workpiece instead of manually clamping it in place like using a vise on a workbench. The manual chuck is a great choice for lathing or milling most workpieces, as it's arguably the most versatile style of chuck.
LPI (LP Information)' newest research report, the “Manual and Power-Operated Chucks Industry Forecast” looks at past sales and reviews total world Manual and Power-Operated Chucks sales in 2022, providing a comprehensive analysis by region and market sector of projected Manual and Power-Operated Chucks sales for 2023 through 2029. With Manual and Power-Operated Chucks sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Manual and Power-Operated Chucks industry.
This Insight Report provides a comprehensive analysis of the global Manual and Power-Operated Chucks landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Manual and Power-Operated Chucks portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Manual and Power-Operated Chucks market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Manual and Power-Operated Chucks and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Manual and Power-Operated Chucks.
The global Manual and Power-Operated Chucks market size is projected to grow from US$ 651.7 million in 2022 to US$ 876.5 million in 2029; it is expected to grow at a CAGR of 876.5 from 2023 to 2029.
Global core manual and power-operated chucks players include SCHUNK GmbH & Co. KG, Kitagawa and SMW Autoblok etc. The top 5 companies hold a share about 31%. Asia Pacific is the largest market, with a share about 46%, followed by Europe and North America with the share about 27% and 20%.
In terms of product, manual chucks is the largest segment, with a share about 70%. And in terms of sales channels, the largest application is general industry,with a share about 43%.
This report presents a comprehensive overview, market shares, and growth opportunities of Manual and Power-Operated Chucks market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Manual Chucks
Power Operated Chucks
Segmentation by application
Aerospace and Defense
Automotive
Home Appliances
General Industry
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
SCHUNK GmbH & Co. KG
Kitagawa
SMW Autoblok
Chandox
TEIKOKU CHUCK CO.,LTD
FORKARDT
Hohhot Zhonghuan (Group) Co., Ltd
BISON-BIAL
HAINBUCH
Yantai Universal Machine
Yuanpai Chuck
Howa Machinery, Ltd
Autogrip
Ton Fou
ROHM
HWR Spanntechnik GmbH
Changzhou BUT
Seoam Machinery
Matsumoto Machine Co., Ltd
Keerbo
GFB GROUP
Key Questions Addressed in this Report
What is the 10-year outlook for the global Manual and Power-Operated Chucks market?
What factors are driving Manual and Power-Operated Chucks market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Manual and Power-Operated Chucks market opportunities vary by end market size?
How does Manual and Power-Operated Chucks break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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