An Incisive, In-depth Analysis on the Tool Holders Market

This study offers a comprehensive, 360 degree analysis on the Tool Holders market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Tool Holders market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

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The report covers comprehensive information about market dynamics, value (US$ Mn) and volume (‘000 Tons) projections, competition landscape and key developments regarding the tool holders market for the forecast period 2018 to 2028.

The global tool holders market is anticipated to reach over US$ 1,604.5 Mn by the end of the projected period, growing at a CAGR of 5.1%. According to the study, it is concluded that the market for tool holders is expected to witness healthy Y-O-Y growth in the coming years. Increasing installation of tool holders due to growing adoption of HMC machines is expected to create healthy demand for tool holders during the forecast period. Furthermore, the healthy growth of many end-use industries will also boost the demand for tool holders during the forecast period. This can be attributed to capacity expansion and establishment of new manufacturing units across the globe to cater to the growing demand for high precision parts and components across the globe.

Hydraulic Tool Holders to Register Healthy Growth

The market, on the basis of tool holder type, has been segmented into collet chucks, end mill holders, hydraulic tool holders, milling chucks, shell mill holders and shrink fit holders. In terms of value, the collet chuck segment is expected to dominate the market and grow at a value CAGR of 5.5% during the forecast period. The hydraulic tool holders segment is expected to gain significant traction during the forecast period. The hydraulic fluid present in tool holders eliminates vibrations by absorbing them. The hydraulic tool holders segment is projected to grow at a prominent value CAGR of 5.6% during the forecast period.

Rapidly Expanding Automobile Industry to Play a Crucial Role in Overall Growth of Tool Holders Market

The market for automotive is expanding rapidly. Growth in infrastructure-related industries, such as energy, railway and road construction, in countries such as India, Indonesia, Thailand and Vietnam, will also give a boost to the market. This will drive the overall tool holders market as these tool holders are required during the manufacturing of engines, transmission components, turbochargers, gears, brake rotors, bearings, and other components. On the basis of these factors, it is expected that the market for tool holders will continue to grow at a significant pace annually in developing countries. As a result, companies are opening new centers to strengthen their customer support structure in these markets.

Increasing Penetration of Laser Cutting Technology May Hamper Tool Holders Market Growth

Aerospace and automotive manufacturers are increasingly shifting to fiber lasers to tackle manufacturing challenges. In areas where precision is important, fiber lasers make reliable and stable equipment as they offer best beam quality for material processing applications. Compared to traditional manufacturing processes, fiber laser equipment offer improved energy efficiency, lower maintenance requirements, smaller machine footprint, faster cycle times for high-volume productions and improved machine lifetime. Consequently, process speed can be maximized and material and operation costs are minimized. Thus, the growing adoption of Laser cutting technology will act as a challenge for the growth of the tool holders market.

Need for Skilled Professionals for Operation and Maintenance

Tool holders are highly used in CNC machines, lathe machines and drillers. Operators must be skilled and trained, otherwise there are chances of accidents. That apart, a significant increase in operation time can also be expected, which impacts a company’s income. Moreover, for the maintenance and installation of tool holders, trained labor is mandatory to ensure that preventive maintenance has been done properly and machines operate to their full potential after the maintenance cycle.

Competitive Landscape: Top Three Players Account for Dominant Share in the Tool Holders Market

The global tool holders market is moderately consolidated with tier-1 players accounting for a dominant share in the global market. However, the top three players in the market hold more than 50% share in the global market. In the past few years, the tool holders market has witnessed key developments from a competitive perspective. Product innovation and expansion are some of the preferred strategies opted by key players to sustain in the global tool holders market. For instance, Sandvik Coromant recently introduced Capto series tool holders and also introduced a new category of tool holders that can help machine shops in the implementation of this new methodology called PrimeTurning.

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.

Key Questions Answered

How has the market for tool holders evolved in the past few years?
How is the tool holders market expected to grow in terms of value and volume both during the forecast period?
What are the key market dynamics in the global tool holders market?
What are the important developments in the global tool holders market?
How are the underlying macro-economic and industry factors impacting the overall growth of the tool holders market?
What are the key opportunities and challenges for tool holders market players?
What are the market positioning and key strategies of manufacturers as per the tool holder market taxonomy?
How is the competition structured in the tool holders market at present and how has it evolved over the past few years?

Tool Holders Market: Report Description

This FMI study offers a detailed ten-year analysis and opportunity assessment for the global tool holders market for the period between 2018 & 2028. For this study, we have considered 2017 as the base year and market numbers are estimated for year 2018 and projections have been made for the period 2018 to 2028. The CAGR (Compound Average Growth Rate), in terms of both volume & value, has been represented from 2018 to 2028. In this study on the tool holders market, various perspectives, such as market dynamics, competition analysis, pricing and value chain analysis, regional & segmental growth, macro-economic & industry growth analysis and segment-level projections, have been discussed in a comprehensive manner.

After a detailed study of the global tool holders market and analysis of perspectives of industry participants, it has been concluded that the global tool holders market is expected to grow at a value CAGR of 5.1% during the forecast period. Tool holders offer various advantages. For instance, a surge in throughput can be achieved without capacity enhancement. Similarly, tool holders facilitate reduction in human errors and downtime. These are some of the key factors making tool holders popular across the globe. Moreover, growing demand for high precision products from manufacturing, heavy engineering and automotive industries are some other significant driving factors for the global tool holders market.

This report on the tool holders market analyses the market at a regional and global level through various segments, segmented on the basis of key parameters, such as tool holder type, taper type, machine type, end use and region. The main objective of this report is to provide key insights regarding ongoing trends, competition positioning, growth rate, market potential and other such relevant information & statistics in an appropriate manner to the buyers or various stakeholders in the global tool holders market.

In this report on global tool holders, all the sections have been structured in a systematic way to allow the readers to develop a detailed understanding of the global tool holders market. This report on the tool holders market begins with the executive summary of the report, which is followed by market introduction, market dynamics, market background and market analysis by key segments at a global level. Further, regional analysis and competition landscape have also been included under the scope of the report. Each section covers qualitative and quantitative assessment of the tool holders market on the basis of current developments, historical developments, trends and key opinions gathered through primary interviews with industry participants.

Tool Holders Market: Segmentation

Taper Type	Tool Holders Type	Machine Type	End Use	Regions
R8 Morse Taper V-Flange Taper BT Flange Taper NMTB HSK	Collet Chuck End Mill Holders Hydraulic Toolholders Milling Chucks Shell Mill Holders Shrink Fit Holders	CNC Machining Centre Vertical Machining Centre Horizontal Machining Centre CNC Turning Centre Others (CNC Drillers, CNC Lathe, etc.)	Automotive Aerospace & Defence Electronic General Machining & Fabrication Medical & Research Construction Heavy Engineering	North America Latin America Eastern Europe Western Europe SEA & Other APAC Middle East & Africa China Japan

The Tool Holders market report begins with executive summary, in which a detailed overview of the whole market has been presented. In the next section, the report describes market introduction and market definitions along with taxonomy. In the next section of the report, important market background information, such as macro-economic & forecast factors, industry factors, pricing analysis, value chain and a detailed assessment of the sales of tool holders for the base year, has been considered for the study.

In the next section, market dynamics, such as market drivers, restraints and trends, have been studied and their impact on the overall market at the global level has been discussed in detail. Additionally, opportunities for the tool holders manufacturers have also been analysed in the subsequent section.

In the following sections of the report, market volume (‘000 Units) and value (US$ Mn) projections for the aforementioned segments, followed by the summarised view of the eight prominent regions at a global level, have been included for the tool holders market. This section of the report presents a detailed view of the global tool holders market based on eight key regions, with market value and volume represented for important countries considered in the study.

In order to provide a precise forecast, we started by calculating the current market size, which provided us the basis of how the market for tool holders is expected to grow in future. To get a better understanding of the characteristics of the tool holders market, we triangulated the outcomes of three different types of analysis: primary, secondary and FMI analysis.

As previously stated, the global tool holders market has been split into five segments. These segments, on the basis of toolholders type, taper type, machine type, end use and region, have been analysed on the basis of BPS (Basis Point Share) to understand the relative contribution of the individual segments to the growth of overall tool holders market. This information is very important for the identification of various trends in the global tool holders market.

In the last section of the tool holders market report, a competition landscape of the tool holders market has been included to provide a dashboard view to the report audiences, categorised on the basis of players present in the value chain, their global presence in the tool holders market and other differentiating factors and strategies. The primary providers covered under the scope are the producers or manufacturers of tool holders. In addition to this, the section is mainly designed to provide detailed comparative assessment of the key manufacturers of tool holders and their place in the value chain of the tool holders market.

In our study, we have also included detailed company profiles of players involved in the manufacturing of tool holders to evaluate their long & short term strategies, recent developments and key offerings. Some of the key players covered in the report include 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.