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%.
According to this study, over the next five years the Drill Chucks market will register a 4.5% CAGR in terms of revenue, the global market size will reach US$ 690 million by 2024, from US$ 530 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Drill Chucks business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Drill Chucks market by product type, application, key manufacturers and key regions and countries.
This study considers the Drill Chucks value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Key-type Drill Chucks
Keyless Drill Chucks
Self-tightening Drill Chucks
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Machine Tool
Electric Power Tool
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Drill Chucks consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Drill Chucks market by identifying its various subsegments.
Focuses on the key global Drill Chucks manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Drill Chucks with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Drill Chucks submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Drill Chucks . Industry analysis & Market Report on Drill Chucks is a syndicated market report, published as Global Drill Chucks Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Drill Chucks market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.