The report offers detailed coverage of Drill Chucks industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Drill Chucks by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
A drill chuck is a specialised self-centering, three-jaw chuck, usually with capacity of 0.5 in (13 mm) or less and rarely greater than 1 in (25 mm), used to hold drill bits or other rotary tools.
Drill chucks are designed to hold the bit tightly and not loosen even when there is a high amount of torque. Drill chucks can be keyed or keyless, depending on the preference of the user and the requirements of the tool.
Major manufacturers of drill chucks are mainly in China, USA, Germany, France and Japan. RÖHM in the Germany and Weida in China is the leader in global drill chucks market. RÖHM is famous for its high-end and high- precision products and Weida has the biggest market share of the global drill chucks production at 30.32%. Others famous manufacturers are Jacobs Chuck, Sanou Machinery, LFA Industries, Chum Power, Yukiwa etc. As for the regions, China product the most drill chucks without a doubt with the 59.75% market share. These Chinese-made drill chuck occupies most of the low-end market for its cheap price and low cost. The Europe and USA have the almost the same market share, which the market share of Europe is 14.03% and another is 12.31%.
The report forecast global Drill Chucks market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Drill Chucks market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
ROHM
Weida
Jacobs Chuck
Sanou Machinery
LFA Industries
Chum Power
Yukiwa
Albrecht
Wollschlager
Chaoli
KOMET GROUP
Kennametal
Ann Way Machine Tools
Leitz
Bried
Llambrich
Vertex Machinery Works
Glacern Machine Tools
Garant
Evermore Machine
BIG Kaiser Precision Tooling
Bison Bial
NT Tool
At the same time, we classify Drill Chucks according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Key-type Drill Chucks
Keyless Drill Chucks
Self-tightening Drill Chucks
Market by Application
Machine Tool
Electric Power Tool
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Drill Chucks market for the forecast period 2021 - 2025?
• What are the driving forces in the Drill Chucks market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Drill Chucks industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?