Just How Big Is The Tool Holders Market.? Here's What You Need to Know : Sandvik AB, Kennametal, Guhring, Inc, CERATIZIT S.A., KYOCERA UNIMERCO

Global demand for tool holders, specifically arising from the automotive and defence and aerospace industries, will witness a relatively steady growth between 2018 and 2028, as predicted by Future Market Insights (FMI) in its recently released market intelligence report. While the demand for tool holders will be largely driven by emerging economies, in particular the manufacturing sector, China is likely to make substantial investments in high performance cutting tools, considering the robust manufacturing and industrial output in the region. In other developing countries such as Philippines and Bangladesh, the positive scenario and policies, infrastructure, and steps, which are being taken to promote business, especially the manufacturing sector, will have a positive impact on the tool holders market offering huge opportunities for investors.

Some of the key players covered under this study are Sandvik AB, Kennametal, Guhring, Inc, CERATIZIT S.A., KYOCERA UNIMERCO, Kemmler Präzisionswerkzeuge GmbH, Haimer GmbH, Collis Toolholder Corp., Ingersoll Cutting Tool Company, T.M. Smith Tool, F L Tool Holders and BIG KAISER, among others.

Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-6512

As per the report, the global tool holders market will top US$ 1 Billion by 2019. Moreover, growing demand for high precision products with increased output capacity is propelling the demand for advance tool holders in the global market, opines FMI.
Key Market Insights at a Glance:

The demand for tool holders is anticipated to grow at a moderate pace over the forecast period.

Asia Pacific is estimated to hold a prominent share of the global tool holders market.

Initiatives by regional governments are likely to encourage the movement of low-cost manufacturing towards parts of South-East Asia, thereby creating healthy growth prospects create healthy growth opportunities in Asia Pacific region.

China will remain the largest consumer of machine tools, followed by U.S.

The tool holders market is consolidated with Tier-1 players accounting for significant shares.

The top three players of the market are estimated to account for more than a 50% market share.

On the basis of types of tool holder, hydraulic tool holders segment is slated to remain a high value – high growth segment.

In terms of end-use, general machining and fabrication and the automotive industries are likely to push maximum revenue into the tool holders market. The two end-use industries are estimated to collectively account for around 47% value share in the global tool holders market.

BT Flange Taper will remain the most preferred taper type among CNCers, in terms of volume and value, given its high degree of accuracy and precision, in any high-speed machining operations.

Laser Cutting Technologies Could Restrict Tool Holders Sales

Laser cutting, a streamlined and precision manufacturing process, is likely to pose challenges for tool holders given its ability to not just cut materials but also apply finish to a product. Apart from lower risks of material deformation or warping, since there is no direct contact between the material and the laser cutting device, chances of incorrect markings and contamination further reduces. Although laser cutting could be technically challenging and costly, end-use industries demanding high cutting precision such as automotive, are projected to replace traditional tool cutting equipment. However, high market penetration of relatively low cost tool holders

May restrict the demand for new and more advanced tool holders despite their high accuracy and ease of handling.
Takeaways from Competitive Landscape Analysis

In a moderately consolidated landscape, tier-1 companies such as Kennametal Inc., Sandvil AB, and BIG DAISHOWA Group among others hold approximately 55-65 percent market share.

Tier-2 companies, on the other hand, hold nearly 35-45 percent market share. Such companies include Guhring, Inc., CERATIZIT GROUP, KYOCERA UNIMERCO A/S, Kemmler Precision Tools GmbH, and Haimer GmbH among others.

Key players are projected to focus on enhancing product quality by implementing new technologies, tough and long-lasting equipment and consumables materials with added features at a competitive price.

Request to View TOC @ https://www.futuremarketinsights.com/askus/rep-gb-6512

Top companies are also looking to target major manufacturing industries such as metal fabrication and automotive by offering high cutting accuracy with increased productivity

Tool Holders Market Reports - Table of Contents

Executive Summary

Overview

Market Analysis

FMI Analysis and Recommendations

Wheel of Fortune

Market Introduction

Market Taxonomy

Market Definition

Market Background

Macro-Economic Factors

Global Economic Outlook

Global GDP Growth Outlook

Global Industry Value Added Growth Forecast

Automotive Sector Outlook

Energy Consumption Scenario

Global Construction Industry Growth Outlook

Global Urbanization Growth Outlook

Parent Market Overview (Machine Tools Market)

Market Dynamics

Drivers

Restraints

Trends

Value Chain

Forecast Factors: Relevance and Impact

Opportunity Analysis

Global Tool Holders Market Analysis 2013–2017 and Forecast 2018–2028

Introduction

Market Volume Analysis

Market Size and Y-o-Y Growth

Absolute $ Opportunity

Global Average Pricing Analysis

Global Tool Holders Market Analysis 2013–2017 and Forecast 2018–2028 By Taper Type

Introduction / Key Findings

Historical Market Size (US$ Mn) and Volume (Units) Analysis By Taper Type , 2013 - 2017

Current Market Size (US$ Mn) and Volume (Units) Forecast By Taper Type , 2018 - 2028

R8

Morse Taper

V-Flange Taper

BT Flange Taper

NMTB

HSK

Market Attractiveness Analysis By Taper Type



Get More Information @ https://www.futuremarketinsights.com/reports/tool-holders-market

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

Future Market Insights, U.S. Office, 616 Corporate Way, Suite 2-9018,, Valley Cottage, NY 10989,, United States, T: +1-347-918-3531, F: +1-845-579-5705, Email: sales@futuremarketinsights.com, Web: https://www.futuremarketinsights.com

This release was published on openPR.