Workholding is a device that is utilized for securing workpiece against the force of nature. Clamp is the most common type of workholding device, however workholding can be a complex fixtures which can be custom made as per requirement. The workholding plays a major role in various industrial application and is majorly used across automotive, manufacturing, metals, and others sectors.
MARKET DYNAMICS
The workholding market is experiencing significant growth owing to the increasing number of automotive vehicle production across the globe. However, is fluctuating prices of cost of raw material is hampering the growth of the market. Meanwhile, growing industrialization across the globe is expected to flourish the workholding market.
MARKET SCOPE
The "Workholding Market Analysis to 2028" is a specialized and in-depth study of the manufacturing and construction with a special focus on the global market trend analysis. The report aims to provide an overview of workholding market with detailed market segmentation by type, application, and geography. The global workholding market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading workholding market players and offers key trends and opportunities in the workholding market.
MARKET SEGMENTATION
The global workholding market is segmented on the basis of type and application. Based on type, the market is segmented into milling\drilling, turning, and grinding. On the basis of application, the market is segmented as automotive, manufacturing, metals, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global workholding market based on various segments. It also provides market size and forecast estimates from year 2018 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The workholding market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting workholding market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porters five forces analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the workholding market in these regions.
IMPACT OF COVID-19 ON WORKHOLDING MARKET
The outbreak of COVID-19 has significantly impacted various industries including the manufacturing and construction industry. Containment measures were imposed by governments across the globe such as trade restriction and factor shutdown followed by limited personnel at workplaces in order to adhere to the norms of social distancing. Thus, the imposition of such measures has disrupted the supply chain of workholding market in 2020. Further, However, the supply chain workholding market and its end users started to stabilize from Q4 of 2020 as economies started to reopen and containment measures were relaxed, and the workholding market witness positive trend in of revenue.
MARKET PLAYERS
The reports cover key developments in the workholding market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from workholding market are anticipated to lucrative growth opportunities in the future with the rising demand for workholding market. Below mentioned is the list of few companies engaged in the workholding market.
The report also includes the profiles of key workholding market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- DESTACO
- ENERPAC
- Gerardi SPA
- Jergens Inc.
- TE-CO
- Alpha Workholding Solutions, LLC
- Emuge Corporation
- EROWA LTD
- LANG Technik GmbH
- Pierson Workholding