Global Metalworking Tool Holder market to reach USD $billion by 2027. Global metalworking tool holder market is valued approximately at USD $billion in 2020 and is anticipated to grow with a healthy growth rate of about % over the forecast period 2021-2027.

Metalworking tool holder refers to holding device or equipment which is used in manufacturing sector to keep the tools in appropriate position. Such tool holders are available in cylindrical and conical shapes and are used in drilling, boring and milling industries as these have features such as accuracy, rigidity, balance and power.

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The global metalworking tool holder market is being driven by surge in defense equipment manufacturing with rise in defense expenditure and development of automotive industry. Furthermore, growth in machinery and equipment manufacturing sectors will provide new opportunities for the global metalworking tool holder industry. According to Statista, light vehicle production across the globe is expected to increase from 70 million units in 2020 to approximately 93 million units in 2025. Such growth in the automotive sector is likely to increase the adoption of metalworking tool holders and is expected to boost the market growth. However, increasing adoption of laser cutting technology may impede market growth over the forecast period of 2021-2027.

The regional analysis of the global metalworking tool holder market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific accounts for the largest share in terms of market revenue in the global metalworking tool holder market over the forecast period 2021-2027. Factors such as rapid rise in industrialization and urbanization, growth in manufacturing sector in developing countries, increase in investments from key producers for defense, infrastructure, and aerospace, etc. contribute towards the largest market share of the region in the forecast years.

Major market player included in this report are: Sandvik AB Guhring Inc Kennametal Inc Ceratizit S.A. Kyocera Unimerco Tooling A/S Ingersoll Cutting Tool Company Haimer GmbH Schunk GmbH & Co KG Collis Toolholder Corp BIG KAISER Precision Tooling Inc.

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type: Milling Chucks Collet Chuck Hydraulic Tool holders Others By Machine Type: Machining Centers Lathe Machines Gear Cutting Machines Others By End User: Automobile Aerospace & Defense Electronics Power & Energy Others By Region: North America U.S. Canada Europe UK Germany France Spain Italy ROE

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Asia Pacific China India Japan Australia South Korea RoAPAC Latin America Brazil Mexico Rest of the World

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