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Machine Bench Vices Market Report Scope & Overview:

Machine Bench Vices Market Revenue Analysis

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The demand for advanced and efficient products for holding workpieces has risen due to the increasing need for high precision and quality in component production. Machine bench vices offer the stability and precision necessary for accurate machining, guaranteeing the high quality of end products. These items are used in various industrial processes, making them adaptable tools. They are utilized in machining centers, workshops, and production lines for a variety of tasks, leading to a steady demand in various manufacturing applications. The flexibility in operations and higher manufacturing output in industries drive market growth. The ability of machine bench vices to work with a variety of machining tools is an important factor in their use in different manufacturing operations like shaping steel, working with wood, cutting, drilling, removing u-joints, building, and putting things together. Machine bench vises play a crucial role in machining by securely holding workpieces during cutting, mining, grinding, and drilling.

Their ability to work well with various machining equipment, including drill presses, milling machines, lathes, and CNC machines, allows them to easily be included in various machine configurations, improving their flexibility and usefulness. Additionally, being compatible with various machining equipment improves the efficiency and productivity of machining processes. It allows machinists to easily change between various machining setups without requiring extensive reconfiguration, cutting downtime and boosting overall production.

In September 2023: Silhouette America Inc. introduced CAMEO5, CURIO2, Potrait4, and CAMEO5 PLUS cutting machines, revolutionizing the crafting sector with innovative features and tools. These machines provided accurate cutting and ability to work with various tools, in addition to a Power Carriage for improved integration.

MARKET DYNAMICS

DRIVERS

The growing use of automation in manufacturing is fueling the need for machine bench vices, crucial tools for precision engineering, CNC machining, and automated assembly lines, leading to an increase in market expansion.

The growing use of automation in manufacturing is greatly fueling the need for machine bench vices, crucial tools in precision engineering, CNC machining, and automated assembly lines. As industries aim for improved efficiency and precision, the demand for strong and dependable clamping tools such as machine bench vices becomes essential. These bad habits offer the steadiness needed for accurate tasks, guaranteeing parts are firmly grasped while milling. Machine bench vices play a vital role in CNC machining, ensuring accurate positioning of workpieces to enhance productivity and quality in operations that require precision. Furthermore, integrating machine bench vices into automated assembly lines aids in efficiently carrying out repetitive tasks, decreasing reliance on human intervention and minimizing mistakes. The shift towards automation is not just improving operational efficiency but also driving the expansion of the machine bench vices market, with companies embracing new clamping solutions to meet modern production demands. Due to continuous advancements in manufacturing automation and increasing emphasis on precision and efficiency in industrial operations, the machine bench vices market is witnessing robust growth.

The growth of the metalworking and machinery sectors is fueled by rising requirements in automotive, aerospace, and heavy machinery production, highlighting the need for top-notch bench vices in precise machining tasks.

Increased demand in the automotive, aerospace, and heavy machinery manufacturing sectors is a major factor contributing to the growth of the metalworking and machinery industries. Precision machining operations necessitate high-quality bench vices due to the need for accurate and long-lasting components in these industries. Bench vices play a vital role in automotive manufacturing processes like engine part assembly and bodywork, guaranteeing precision and steadiness. The aerospace sector requires precise bench vices to uphold strict tolerances for aircraft parts. Likewise, the heavy machinery industry depends on strong bench vices to manage big and intricate components while carrying out fabrication and upkeep tasks. As these sectors expand, the demand for sophisticated metalworking equipment like bench vices increases in order to meet production expectations and efficiency needs. Advancements in bench vice construction, like upgrades to clamping systems and superior materials, continue to meet the demand for improved performance and longevity. As a result, the metalworking and machinery industries are expanding due to the synergy between industrial growth and the need for precision tools, making high-quality bench vices essential in modern manufacturing processes.

KEY SEGMENTATION ANALYSIS

By Type

In 2023, the pneumatic sector held the largest market share at approximately 38.06%. The identical sector will also experience significant growth within the machine bench vices industry. The wide variety of products from many different manufacturers plays a key role in the excellent performance of the segment in the worldwide market. The high market share is also influenced by the reliability of operations and the precision and accuracy in handling workpieces. Pneumatic products have become more popular in the global market due to their significantly reduced maintenance expenses.

Machine-Bench-Vices-Market-Segmentation-By-Type

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KEY REGIONAL ANALYSIS

Asia Pacific led the market in 2023 with the market share of 32.04%, owing to its manufacturing prowess. The region is identified as a manufacturing powerhouse, with a substantial export of machine bench vices across Europe and North America. Established manufacturing clusters in China and Japan, and constant efforts of India to position itself as a prominent manufacturer of industrial goods and attract global manufacturers, are crucial factors contributing to the consistent growth and rise in the machine bench vices market share.

North America is experiencing fastest growth during the forecasted period, as the food and beverage, chemicals, pharmaceuticals, and e-commerce sectors, among others, are actively turning to automation and technological advancements. The demand for effective packaging solutions has grown, as machinery became more advanced and met consumer expectations and compliance with stringent regulatory standards.

Machine-Bench-Vices-Market-Regional-Share

KEY PLAYERS

The major Key players are Gerardi SPA, Jergens, Inc., Kurt Workholding, Nabeya Co., Ltd., BISON USA Corp., International Machine Tools and Equipment Inc., Palmgren, STARK Spannsysteme GmbH, JPW Industries, Inc., TSUDAKOMA Corp., Rohm GmbH and others.

RECENT DEVELOPMENT

In August 2023: Kurt Workholding launched Kurt TriLock product link, featuring a 3-in-1 vice with integrated quickchange dovetail jaws from recently acquired CARVESMART. Six-inch Kurt triLock vices speedily convert between double-station or single-station configurations and three vice sizes.

In July 2023: Roemheld, a German work-holding equipment manufacturer, launched a centric machine vice that operates mechanically at its stand during the forthcoming EMO 2023 metalworking trade show in Hannover.

 

Machine Bench Vices Market Report Scope:

Report Attributes Details
Market Size in 2024 US$ 476.30 Million
Market Size by 2032 US$ 654.81 Million 
CAGR CAGR of 3.6% From 2024 to 2032
Base Year 2023
Forecast Period 2024-2032
Historical Data 2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Mechanical, Hydraulic and Pneumatic)
• By End-use Industry (Mining, Food & Beverage, Oil & Gas, Energy and Power, and Others)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
Company Profiles Gerardi SPA, Jergens, Inc., Kurt Workholding, Nabeya Co., Ltd., BISON USA Corp., International Machine Tools and Equipment Inc., Palmgren, STARK Spannsysteme GmbH, JPW Industries, Inc., TSUDAKOMA Corp., Rohm GmbH
Key Drivers • The growing use of automation in manufacturing is fueling the need for machine bench vices, crucial tools for precision engineering, CNC machining, and automated assembly lines, leading to an increase in market expansion.

• The growth of the metalworking and machinery sectors is fueled by rising requirements in automotive, aerospace, and heavy machinery production, highlighting the need for top-notch bench vices in precise machining tasks.

RESTRAINTS • Although the price is justified by the advanced features and durable materials, the high initial cost of top-notch machine bench vices can pose a major hurdle for small and medium-sized enterprises (SMEs) and individual users.

Frequently Asked Questions

Ans: The Machine Bench Vices Market is expected to grow at a CAGR of 3.6%.

Ans: Machine Bench Vices Market size was USD 476.30 Million in 2023 and is expected to Reach USD 654.81 Million by 2032.

Ans:  The Pneumatic is the dominating segment by type in the Machine Bench Vices Market.

Ans: The growth of the metalworking and machinery sectors is fueled by rising requirements in automotive, aerospace, and heavy machinery production, highlighting the need for top-notch bench vices in precise machining tasks.

Ans: Asia-Pacific is the dominating region in the Machine Bench Vices Market.

Table of Content

1. Introduction

1.1 Market Definition

1.2 Scope (Inclusion and Exclusions)

1.3 Research Assumptions

2. Executive Summary

2.1 Market Overview

2.2 Regional Synopsis

2.3 Competitive Summary

3. Research Methodology

3.1 Top-Down Approach

3.2 Bottom-up Approach

3.3. Data Validation

3.4 Primary Interviews

4. Market Dynamics Impact Analysis

3.1 Market Driving Factors Analysis

3.1.2 Drivers

3.1.2 Restraints

3.1.3 Opportunities

3.1.4 Challenges

3.2 PESTLE Analysis

3.3 Porter’s Five Forces Model

5. Statistical Insights and Trends Reporting

5.1 Manufacturing Output, by region, (2020-2023)

5.2 Utilization Rates, by region, (2020-2023)

5.3 Maintenance and Downtime Metrix

5.4 Technological Adoption Rates, by region

5.5 Export/Import Data, by region (2023)

6. Competitive Landscape

6.1 List of Major Companies, By Region

6.2 Market Share Analysis, By Region

6.3 Product Benchmarking

6.3.1 Product specifications and features

6.3.2 Pricing

6.4 Strategic Initiatives

6.4.1 Marketing and promotional activities

6.4.2 Distribution and supply chain strategies

6.4.3 Expansion plans and new product launches

6.4.4 Strategic partnerships and collaborations

6.5 Technological Advancements

6.6 Market Positioning and Branding

7. Machine Bench Vices Market Segmentation, by Type

7.1 Chapter Overview

7.2 Mechanical

7.2.1 Mechanical Market Trends Analysis (2020-2032)

7.2.2 Mechanical Market Size Estimates and Forecasts to 2032 (USD Million)

7.3 Hydraulic

         7.3.1 Hydraulic Market Trends Analysis (2020-2032)

7.3.2 Hydraulic Market Size Estimates and Forecasts to 2032 (USD Million)

7.4 Pneumatic

7.4.1 Pneumatic Market Trends Analysis (2020-2032)

7.4.2 Pneumatic Market Size Estimates and Forecasts to 2032 (USD Million)

8. Machine Bench Vices Market Segmentation, by End Use Industry

8.1 Chapter Overview

8.2 Mining

8.2.1 Mining Market Trends Analysis (2020-2032)

8.2.2 Mining Market Size Estimates and Forecasts to 2032 (USD Million)

8.3 Food & Beverage

8.3.1 Food & Beverage Market Trends Analysis (2020-2032)

8.3.2 Food & Beverage Market Size Estimates and Forecasts to 2032 (USD Million)

8.4 Oil & Gas

8.4.1 Oil & Gas Market Trends Analysis (2020-2032)

8.4.2 Oil & Gas Market Size Estimates and Forecasts to 2032 (USD Million)

8.5 Energy and Power

8.5.1 Energy and Power Market Trends Analysis (2020-2032)

8.5.2 Energy and Power Market Size Estimates and Forecasts to 2032 (USD Million)

8.6 Others

8.6.1 Others Market Trends Analysis (2020-2032)

8.6.2 Others Market Size Estimates and Forecasts to 2032 (USD Million)

9. Regional Analysis

9.1 Chapter Overview

9.2 North America

9.2.1 Trends Analysis

9.2.2 North America Machine Bench Vices Market Estimates and Forecasts, by Country (2020-2032) (USD Million)

9.2.3 North America Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million) 

9.2.4 North America Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.2.5 USA

9.2.5.1 USA Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.2.5.2 USA Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.2.6 Canada

9.2.6.1 Canada Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.2.6.2 Canada Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.2.7 Mexico

9.2.7.1 Mexico Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.2.7.2 Mexico Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.3 Europe

9.3.1 Eastern Europe

9.3.1.1 Trends Analysis

9.3.1.2 Eastern Europe Machine Bench Vices Market Estimates and Forecasts, by Country (2020-2032) (USD Million)

9.3.1.3 Eastern Europe Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million) 

9.3.1.4 Eastern Europe Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.3.1.5 Poland

9.3.1.5.1 Poland Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.3.1.5.2 Poland Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.3.1.6 Romania

9.3.1.6.1 Romania Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.3.1.6.2 Romania Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.3.1.7 Hungary

9.3.1.7.1 Hungary Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.3.1.7.2 Hungary Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.3.1.8 Turkey

9.3.1.8.1 Turkey Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.3.1.8.2 Turkey Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.3.1.9 Rest of Eastern Europe

9.3.1.9.1 Rest of Eastern Europe Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.3.1.9.2 Rest of Eastern Europe Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.3.2 Western Europe

9.3.2.1 Trends Analysis

9.3.2.2 Western Europe Machine Bench Vices Market Estimates and Forecasts, by Country (2020-2032) (USD Million)

9.3.2.3 Western Europe Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million) 

9.3.2.4 Western Europe Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.3.2.5 Germany

9.3.2.5.1 Germany Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.3.2.5.2 Germany Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.3.2.6 France

9.3.2.6.1 France Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.3.2.6.2 France Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.3.2.7 UK

9.3.2.7.1 UK Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.3.2.7.2 UK Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.3.2.8 Italy

9.3.2.8.1 Italy Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.3.2.8.2 Italy Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.3.2.9 Spain

9.3.2.9.1 Spain Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.3.2.9.2 Spain Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.3.2.10 Netherlands

9.3.2.10.1 Netherlands Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.3.2.10.2 Netherlands Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.3.2.11 Switzerland

9.3.2.11.1 Switzerland Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.3.2.11.2 Switzerland Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.3.2.12 Austria

9.3.2.12.1 Austria Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.3.2.12.2 Austria Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.3.2.13 Rest of Western Europe

9.3.2.13.1 Rest of Western Europe Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.3.2.13.2 Rest of Western Europe Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.4 Asia Pacific

9.4.1 Trends Analysis

9.4.2 Asia Pacific Machine Bench Vices Market Estimates and Forecasts, by Country (2020-2032) (USD Million)

9.4.3 Asia Pacific Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million) 

9.4.4 Asia Pacific Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.4.5 China

9.4.5.1 China Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.4.5.2 China Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.4.6 India

9.4.5.1 India Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.4.5.2 India Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.4.5 Japan

9.4.5.1 Japan Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.4.5.2 Japan Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.4.6 South Korea

9.4.6.1 South Korea Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.4.6.2 South Korea Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.4.7 Vietnam

9.4.7.1 Vietnam Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.2.7.2 Vietnam Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.4.8 Singapore

9.4.8.1 Singapore Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.4.8.2 Singapore Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.4.9 Australia

9.4.9.1 Australia Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.4.9.2 Australia Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.4.10 Rest of Asia Pacific

9.4.10.1 Rest of Asia Pacific Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.4.10.2 Rest of Asia Pacific Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.5 Middle East and Africa

9.5.1 Middle East

9.5.1.1 Trends Analysis

9.5.1.2 Middle East Machine Bench Vices Market Estimates and Forecasts, by Country (2020-2032) (USD Million)

9.5.1.3 Middle East Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million) 

9.5.1.4 Middle East Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.5.1.5 UAE

9.5.1.5.1 UAE Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.5.1.5.2 UAE Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.5.1.6 Egypt

9.5.1.6.1 Egypt Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.5.1.6.2 Egypt Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.5.1.7 Saudi Arabia

9.5.1.7.1 Saudi Arabia Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.5.1.7.2 Saudi Arabia Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.5.1.8 Qatar

9.5.1.8.1 Qatar Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.5.1.8.2 Qatar Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.5.1.9 Rest of Middle East

9.5.1.9.1 Rest of Middle East Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.5.1.9.2 Rest of Middle East Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.5.2 Africa

9.5.2.1 Trends Analysis

9.5.2.2 Africa Machine Bench Vices Market Estimates and Forecasts, by Country (2020-2032) (USD Million)

9.5.2.3 Africa Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million) 

9.5.2.4 Africa Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.5.2.5 South Africa

9.5.2.5.1 South Africa Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.5.2.5.2 South Africa Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.5.2.6 Nigeria

9.5.2.6.1 Nigeria Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.5.2.6.2 Nigeria Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.6 Latin America

9.6.1 Trends Analysis

9.6.2 Latin America Machine Bench Vices Market Estimates and Forecasts, by Country (2020-2032) (USD Million)

9.6.3 Latin America Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million) 

9.6.4 Latin America Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.6.5 Brazil

9.6.5.1 Brazil Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.6.5.2 Brazil Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.6.6 Argentina

9.6.6.1 Argentina Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.6.6.2 Argentina Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.6.7 Colombia

9.6.7.1 Colombia Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.6.7.2 Colombia Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

9.6.8 Rest of Latin America

9.6.8.1 Rest of Latin America Machine Bench Vices Market Estimates and Forecasts, by Type (2020-2032) (USD Million)

9.6.8.2 Rest of Latin America Machine Bench Vices Market Estimates and Forecasts, by End-User Industry (2020-2032) (USD Million)

11. Company Profiles

           11.1 Gerardi SPA

11.1.1 Company Overview

11.1.2 Financial

11.1.3 Products/ Services Offered

11.1.4 SWOT Analysis

           11.2 Jergens, Inc.

11.2.1 Company Overview

11.2.2 Financial

11.2.3 Products/ Services Offered

11.2.4 SWOT Analysis

11.3 Kurt Workholding

11.3.1 Company Overview

11.3.2 Financial

11.3.3 Products/ Services Offered

11.3.4 SWOT Analysis

11.4 Nabeya Co., Ltd.

11.4.1 Company Overview

11.4.2 Financial

11.4.3 Products/ Services Offered

11.4.4 SWOT Analysis

11.5 BISON USA Corp.

11.5.1 Company Overview

11.5.2 Financial

11.5.3 Products/ Services Offered

11.5.4 SWOT Analysis

11.6 International Machine Tools and Equipment Inc.

11.6.1 Company Overview

11.6.2 Financial

11.6.3 Products/ Services Offered

11.6.4 SWOT Analysis

11.7 Palmgren

 11.7.1 Company Overview

11.7.2 Financial

11.7.3 Products/ Services Offered

11.7.4 SWOT Analysis

11.8 STARK Spannsysteme GmbH

11.8.1 Company Overview

11.8.2 Financial

11.8.3 Products/ Services Offered

11.8.4 SWOT Analysis

11.9 JPW Industries, Inc.

11.9.1 Company Overview

11.9.2 Financial

11.9.3 Products/ Services Offered

11.9.4 SWOT Analysis

11.10 TSUDAKOMA Corp.

11.10.1 Company Overview

11.10.2 Financial

11.10.3 Products/ Services Offered

11.10.4 SWOT Analysis

12. Use Cases and Best Practices

13. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Key Segments

By Type

  • Mechanical

  • Hydraulic

  • Pneumatic

By End-use Industry

  • Mining

  • Food & Beverage

  • Oil & Gas

  • Energy and Power

  • Others (Chemicals)

Request for Segment Customization as per your Business Requirement: Segment Customization Request

Regional Coverage

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of the Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

Request for Country Level Research Report: Country Level Customization Request

Available Customization

With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:

  • Product Analysis

  • Criss-Cross segment analysis (e.g. Product X Application)

  • Product Matrix which gives a detailed comparison of product portfolio of each company

  • Geographic Analysis

  • Additional countries in any of the regions

  • Company Information

  • Detailed analysis and profiling of additional market players (Up to five)

 


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