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

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

Hydraulic workholding is a fixture that uses hydraulic components to replace mechanical parts and realizes automatic positioning, support and clamping of workpieces through hydraulic control. It has the advantages of large clamping force, reliable clamping, stable work and convenient use. It is currently widely used in scenes such as CNC machine tools, machining centers, and automated production lines.

Market Overview:

The latest research study on the global Hydraulic Workholding market finds that the global Hydraulic Workholding market reached a value of USD 180.75 million in 2022. It’s expected that the market will achieve USD 234.85 million by 2028, exhibiting a CAGR of 4.46% during the forecast period.

Influence of COVID-19 Outbreak on Hydraulic Workholding Industry Development

Due to the COVID-19 outbreak, many hydraulic workholding companies had to take a series of epidemic prevention measures. Companies need to check production work schedules to disperse employees' work shifts, so as to reduce close contact between employees and provide adequate social distancing in the workplace. Where possible, companies can also encourage employees to work remotely, minimizing risks by reducing the number of employees in the facility. These measures can effectively reduce the risk of the epidemic, but at the same time, they have also affected the production efficiency of various enterprises to a certain extent, causing production to fall behind.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview:

Hardinge is one of the major players operating in the Hydraulic Workholding market, holding a share of 14.29% in 2020.

Hardinge, Inc. designs, manufactures and distributes machine tools. The company provides high-precision computer controlled material-cutting turning machines, grinding machines, and vertical machining centers for various industries, including the automotive, medical, and construction equipment industries.

Vektek, Inc. manufactures machine tool accessories. The Company offers workholding devices, pallet fixture accessories, power supplies, and auxiliary equipment. Vektek serves customers worldwide.

Segmentation Overview:

Among different product types, Milling Workholding segment is anticipated to contribute the largest market share in 2027.

Application Overview:

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

Key Companies in the global Hydraulic Workholding market covered in Chapter 3:

Carr Lane
Stanek Tool
Techteam
Vektek
Enerpac
Hardinge
Jergens
Hyfore
Gerardi
Kurt Workholding
Powerhold
TE-CO
DESTACO

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

Milling Workholding
Drilling Workholding
Others

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

Automotive
Aerospace
Infrastructure
Manufacturing
Mining
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)