What is Global Machine Tool Vise Market?
The Global Machine Tool Vise Market is a vast and dynamic sector that deals with the production, distribution, and use of machine tool vises worldwide. These are mechanical devices used to secure an object to allow work to be performed on it. They are typically used in metalworking applications, but can also be used in woodworking and other manufacturing processes. The global market for these tools is significant, with a value of US$ 448 million in 2022. It is projected to grow to US$ 530 million by 2029, indicating a steady demand for these tools in various industries. However, it's important to note that the market is not evenly distributed across the globe. Asia-Pacific is the largest consumer of machine tool vises, accounting for about 50% of the total market share. Europe and North America follow, with market shares of 22% and 20% respectively.
Single Station, Dual Station, Multiple Station in the Global Machine Tool Vise Market:
In the Global Machine Tool Vise Market, there are three main types of vises: Single Station, Dual Station, and Multiple Station. The Single Station vise is the most popular, accounting for nearly 90% of the global market share. This type of vise has one stationary jaw and one movable jaw, making it versatile and easy to use. The Dual Station vise, on the other hand, has two sets of jaws, allowing it to hold two workpieces at once. This makes it ideal for high-volume production environments. The Multiple Station vise has more than two sets of jaws, making it the most versatile of the three. However, it is also the most complex and expensive, which may explain its smaller market share. Despite these differences, all three types of vises play a crucial role in the manufacturing process, helping to ensure precision and accuracy in a wide range of applications.
Lathing, Milling, Grinding, Others in the Global Machine Tool Vise Market:
The Global Machine Tool Vise Market finds its application in various areas such as Lathing, Milling, Grinding, among others. In Lathing, the vise is used to hold the workpiece securely while it is being turned or shaped. This ensures that the workpiece is accurately machined to the desired specifications. In Milling, the vise is used to hold the workpiece in place while it is being cut or shaped by a rotating tool. This helps to ensure a high level of precision and accuracy in the finished product. In Grinding, the vise is used to hold the workpiece in place while it is being ground to the desired size and finish. This helps to ensure that the workpiece is perfectly flat and smooth. Other applications of machine tool vises include drilling, sawing, and shaping, among others. Despite the different applications, the primary function of the vise remains the same: to hold the workpiece securely in place while work is being performed on it.
Global Machine Tool Vise Market Outlook:
The global Machine Tool Vise market, valued at US$ 448 million in 2022, is projected to reach US$ 530 million by 2029, growing at a CAGR of 2.4% during the forecast period 2023-2029. The largest consumption region is Asia-Pacific, contributing to about 50% of the total share. Europe and North America are also significant players, holding about 22% and 20% respectively. The market is dominated by Single Station vises, which account for nearly 90% of the global share. Milling and Lathing applications make up about 11% and 10% of the market respectively.
| Report Metric | Details |
| Report Name | Machine Tool Vise Market |
| Accounted market size in 2023 | US$ 459.7 million |
| Forecasted market size in 2029 | US$ 530 million |
| CAGR | 2.4 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Sales by Region |
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| By Company | Kurt Manufacturing Company, Inc., Röhm, Tsudakoma, Gerardi S.p.A., Römheld GmbH Friedrichshütte, Georg Kesel, ALLMATIC-Jakob Spannsysteme, Schunk, Gin Chan Machinery, Kitagawa, Chick Workholding Solutions, Inc., Takeda Machine Tools, 5th Axis, Japan Automatic Machine Co., Ltd., ANDREAS MAIER GMBH & CO. KG (AMF), Jergens, Inc., LANG Technik GmbH, Fresmak S.A. |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
