Knurling Tool Holder Market Driven by Precision Machining Demand Across Automotive and Medical Sectors | Valuates Reports

Knurling Tool Holder Market Size
The global market for Knurling Tool Holder was valued at US$ 483 million in the year 2024 and is projected to reach a revised size of US$ 796 million by 2031, growing at a CAGR of 7.7% during the forecast period.

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The Knurling Tool Holder Market is experiencing steady growth, supported by the expanding demand for precision machining, enhanced surface grip, and consistent component quality across multiple end-use industries. Knurling tool holders play a critical role in improving ergonomics, assembly performance, and functional reliability of machined parts, making them indispensable in both high-volume and high-precision manufacturing environments.

By type, fixed knurling tool holders continue to see strong adoption due to their robust construction, dimensional stability, and cost-effectiveness, particularly in standardized, high-repeat production lines. Meanwhile, adjustable knurling tool holders are gaining traction as manufacturers seek greater flexibility, faster setup times, and compatibility with a wider range of workpiece diameters, especially in CNC machining and short production runs.

From an application standpoint, the automotive sector remains the largest consumer, driven by the need for knurled components in shafts, fasteners, knobs, and transmission parts. The mechanical parts segment follows closely, benefiting from sustained demand in general manufacturing and industrial equipment. The medical devices segment is emerging as a high-value application area, where precision, repeatability, and surface consistency are essential for surgical instruments and implant-related components, while other applications such as consumer goods and electronics add incremental demand.

Regionally, North America and Europe hold significant market shares, supported by mature manufacturing ecosystems, strong adoption of CNC machining, and the presence of established tooling brands. The Asia-Pacific region, led by China, Japan, South Korea, Taiwan, and India, represents the fastest-growing market, fueled by rapid industrialization, automotive production expansion, and increasing investment in advanced machine tools. Latin America is witnessing gradual growth as local manufacturing capabilities continue to improve.

Key players operating in the market include Accu Trak Tool, Slater Tools, Malkar Industries, Dorian Tool, Sherline, Boni AG, Assorts Machine Tools, GROZ, Garvin Tools, Aloris Tools, SUPER TOOL, Quick, Ifanger, and Somma Tool Company. These companies are focusing on durable materials, improved tool life, CNC compatibility, and application-specific designs, positioning the Knurling Tool Holder Market for consistent growth alongside the global precision manufacturing industry.

Segment by Type

• Fixed
• Adjustable

Segment by Application

• Automotive
• Mechanical Parts
• Medical Devices
• Others

By Company

Accu Trak Tool, Slater Tools, Malkar Industries, Dorian Tool, Sherline, Boni AG, Assorts Machine Tools, GROZ, Garvin Tools, Aloris Tools, SUPER TOOL, Quick, Ifanger, Somma Tool Company

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