Global Workholding Market 2017-2021

The infographic below contains key findings from our analysis of the workholding market

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Overview of the global workholding market

The global workholding market research predicts the market to grow at a CAGR of above 5% during the forecast period. Development of economical clamping units is one of the primary workholding market drivers. Constant R&D activities to achieve increased levels of optimization has led to the development of a cost-effective clamping systems suitable for heavy milling operations. This new system will increase the total productivity by easing out the system setups and lessening the idle time. Moreover, these new clamping systems are designed to manage any type of machining needs and can be utilized for machine tools with T-slots and machines holding onto the pallet changer. Additionally, these clamping systems also enable the implementation of existing pallets and fixtures thus enhancing the efficiency and are also economical, which will fuel the growth of the market in next few years.

One of the latest workholding market trends is the emergence of pallet systems for automated workholding changeovers. At the time of machining, it becomes imperative for manufacturers to change the workholdings and top tooling depending on the process without affecting the production times. To cut down on the changeover time, a pallet system was developed by Positrol Workholding. This new system provides quick tooling and workholding replacement solutions without affecting the rigidity. Such advancements will increase the adoption of workholders, in turn, driving the growth of the market.

Competitive analysis and key vendors

The global workholding market is highly fragmented and comprises of many international players. These players have their customer bases across national borders, and there are also smaller regional vendors that cater to the requirements of the local customers. Moreover, the competition in the market is set to grow higher among the key vendors with the introduction of innovative features and technologies. Furthermore, several regional and local vendors have also started the manufacture of customized workholding solutions and are offering products at lower prices compared to their international counterparts, which will again, intensify the level of competition in the market.

According to the workholding market analysis, the key vendors in the market are:

• DESTACO
• ENERPAC
• Generdi
• Jergens
• TE-CO

Other prominent vendors include Alpha Workholding Solutions, Emuge, EROWA, ETG Workholding, ITW MORLOCK , LANG Technik, Pierson Workholding, Positrol, PTG Workholding, Sandvik Coromant, Seco Tools, Vektek, Hardinge, SCHUNK, Raptor Workholding Products, LANG Technik, DMT Workholding, Kurt Manufacturing, PDQ Workholdings, LMC Workholding, 5th Axis Workholding, LNS America, ATS Systems, Thame Workholding, Kitagawa-NorthTech, Di Chun Iron Work, BISON-BIAL SMW Autoblok, RÖHM, and Pratt Burnerd America.

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Segmentation by product and analysis of the workholding market

• Milling/drilling workholding
• Turning workholding
• Grinding workholding
• EDM workholding

During 2016, the milling/drilling workholding product segment dominated the global workholding market and is expected to continue its dominion over the next four years. The main contributor for the segment’s growth is the increased utilization of workholding devices for accurate milling operations.

Geographical segmentation and analysis of the workholding market

• Americas
• APAC
• EMEA

In terms of geography, APAC led the global workholding market during 2016 and is anticipated to continue the domination during the forecast period. Factors such as the rising demand from the automotive industry and key end-user segments drive the need for machined metal parts in the region that in turn will boost the growth of the workholding market in the future.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global workholding market?
• What are the key market trends impacting the growth of the global workholding market?
• What are the challenges to market growth?
• Who are the key vendors in the global workholding market?
• What are the market opportunities and threats faced by the vendors in the global workholding market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global workholding market?

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