Global Clamps Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Clamps Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Clamps are versatile tools that serve to temporarily hold work securely in place. They are used for many applications including carpentry, woodworking, furniture making, welding, construction and metal working.

Market Overview:

The latest research study on the global Clamps market finds that the global Clamps market reached a value of USD 921.89 million in 2022. It’s expected that the market will achieve USD 1154.43 million by 2028, exhibiting a CAGR of 3.82% during the forecast period.

Influence of COVID-19 Outbreak on Clamps Industry Development

The COVID-19 pandemic has brought major challenges to the global supply chain. Multiple national blockades continue to slow down or even temporarily stop the flow of raw materials and finished products, thereby disrupting the manufacturing industry. However, the pandemic does not necessarily bring any new challenges to the supply chain. In some areas, it reveals previously invisible vulnerabilities. Of course, many organizations have suffered staff shortages and losses due to COVID-19. But in general, it accelerates and amplifies existing problems in the supply chain.

After the COVID-19 pandemic was severely disrupted, American companies plan to change their supply chain strategies to increase flexibility, collaboration, and establish connections with customers, suppliers, and other stakeholders. To this end, they will increase investment in supply chain technologies such as artificial intelligence and robotic process automation, while retraining workers.

Due to the new crown epidemic, many industries and activities have to stop production in response to the pandemic trend. In this environment, woodworking and welding activities are also greatly affected, and their official clamps are the main application areas, which will inevitably lead to a sharp decline in the downstream demand for clamps, which will affect the company's economic chain. Enterprise of this product.

Clamps Drivers

The installation of hand tools such as clamps is very convenient and quick, and the operation reliability is high. The efficient setting of the fixture enables accurate and fast work. Due to its high clamping capacity, the clamps required for the application are significantly reduced, thereby reducing the working time.

The toggle clamp can adapt to workpieces of different heights. This is especially true for cam action models that are often used for rough forgings and castings. The T-slot camp and belt clip have adjustable screws to apply the required supporting force. These clamp models have extremely high applied force and height adjustability, which is very useful when handling materials with variable thicknesses.

The design of these clamps promises a high safety level while working. The locking action keeps both the tool and work piece securely in place. This helps in preventing accidents caused due to slipping or loose grip. A Toggle clamp allows you to exert a high level of force onto the work piece. While working, the superior holding power of clamps increases the overall safety.

Region Overview:

Europe had the highest growth rate of all regions.

Company Overview:

STANLEY BLACK & DECKER is one of the major players operating in the Clamps market, holding a share of 11.91% in 2021.

Stanley Black & Decker is a provider of tools, storage, industrial, and security solutions. The company operates through three segments: Tools and Storage, Industrial, and Security. It manufactures and sells hand tools, power tools and related accessories, engineered fastening systems and products, services and equipment for oil and gas and infrastructure applications, commercial electronic security and monitoring systems, healthcare solutions, and automatic doors.

DESTACO (formerly DeStaCo Clamps) is a company that offers a selection of manually and pneumatically-operated jig and fixture toggle-style clamps. It also offers various types of special clamps, and a line of StrongHold hydraulic clamps.

Segmentation Overview:

Among different product types, C-clamps segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Woodworking segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Clamps market covered in Chapter 3:

Jack Clamp
BESSEY Tools
DESTACO
Armor Tool
Lenzkes Clamping Tools, Inc
Milescraft
Kreg
STANLEY BLACK & DECKER
Princess Auto Ltd.
JPW
DIMIDE, Inc.
Yost Vises
TEKTON

In Chapter 4 and Chapter 14.2, on the basis of types, the Clamps market from 2018 to 2029 is primarily split into:

C-clamps
Bar clamps
Pipe clamps
Deep-throat bar clamp
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Clamps market from 2018 to 2029 covers:

Woodworking
Furniture making
Welding
Construction
Metal working
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)