Tooling Market 2020 | Growth opportunities, Trends, Industry Analysis, and Forecast to 2026

Rise in consumption of consumer electronics and electrical devices, progress of the renewable energy industry, and growth in focus on product customizations for the automotive products drive the growth of the global tooling Market
According to the report, the global tooling industry garnered $200.8 billion in 2018, and is estimated to reach $368.5 billion in 2026, growing at a CAGR of 8.0% from 2019 to 2026. The report also provides an in-depth analysis of the drivers & opportunities, top investment pockets, top winning strategies, market size & estimations, competitive landscape, and wavering market trends.

The dies and molds segment to lead the trail by 2026-

Based on product type, the dies and molds segment contributed to nearly two-fifths of the global tooling market share in 2018 and is expected to dominate during 2019-2026. This is due dieing and molding is the most utilized production technique for the manufacturing of important automotive and aerospace parts.

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Key Findings of the Tooling Market:

o In 2018, the dies & molds segment dominated the global market, in terms of revenue.
o The automotive segment is expected to be the largest customer for the tooling market players globally.
o Asia-Pacific is projected to be one of the most dominant regions and is expected to witness a high growth rate during the tooling market forecast period.

The automotive segment held the largest share in 2018-

Based on end-user, the automotive segment held the lion's share in 2018, garnering more than two-thirds of the global tooling market. The segment holds the maximum share due to considerable growth in the manufacturing of automotive vehicles all over the globe. At the same time, the electronics and electrical segment would cite the fastest CAGR of 11.6% by 2026. The increased consumption of electronics in normal household activities is expected to drive the market of tools required for the production of electronics and electrical end-user industry.

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Leading market players-

o Doosan Machine Tools
o Godrej & Boyce Manufacturing Co. Ltd.,
o Omega Tool Corp
o Bharat Forge, Carlson Tool & Manufacturing Corp.,
o Parpas S.p.A (GRUPPO PARPAS)
o Yamazaki Mazak Corporation.
o Unique Tool & Gauge Inc.
o Samvardhana Motherson Group
o Sandvik AB

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Key market players
1.5. Research methodology

1.5.1. Primary research
1.5.2. Secondary research
1.5.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. Key findings of the tooling market:
2.2. Key findings

2.2.1. Top impacting factors
2.2.2. Top investment pockets

2.3. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key forces shaping tooling industry
3.3. Value chain analysis
3.4. Industry pain point analysis

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