What is Bench Vises?
Bench vises are holding devices which are attached to a workbench. It has two jaws to hold work piece firmly in place. It includes materials for cutting several types of metals. For an ideal cut toward one side of a metal piece, the opposite end needs to obviously be held firmly. In such applications, bench vises serve best. The measurement of bench vises is done with the length of the jaws from end to end and is maximum amount of contact vise has with the work piece.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Wilton Tools (United States), VIRAX (France), Capri Tools (United States), OZO Tools (Ireland), Spreitzer (Germany), Stanley Black & Decker (United States), GEDORE Tool Group (United States), Jesan Kovo (Czech Republic), Irwin Tools (Australia) and Olympia Tools (United States) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Stationary Bench Vise, Rotary Bench Vise and Table Rolling Bench Vise) , by application (Automotive, Industrial and Other) and major geographies. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Bench Vises market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Bench Vises market report suggests strategies that Manufacturers can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Manufacturers, some of them are Wilton Tools (United States), VIRAX (France), Capri Tools (United States), OZO Tools (Ireland), Spreitzer (Germany), Stanley Black & Decker (United States), GEDORE Tool Group (United States), Jesan Kovo (Czech Republic), Irwin Tools (Australia) and Olympia Tools (United States).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Bench Vises Market Dynamics:
Attributes | Details |
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Growth Drivers | - Growing Demand for Portable Machine Bench Vises
- Characteristics Such as Precision Drilling, Gluing, Metalworking and Others
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Major Trends | - Rapid Developments in Industrial Sector
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Restraints | - High Manufacturing Cost Associated With Bench Vises
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Road Blocks / Challenges | - Lack of Skilled Labour May Hamper the Market
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Gaps & Opportunities | - Rising Number of Workshops for Drilling and Milling Machines
- Increasing Demand of Bench Vises in Educational Institutes
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Key highlights of the Global Bench Vises market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Bench Vises market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Bench Vises market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Manufacturers
Comprehensive information about factors that will challenge the growth of Bench Vises Manufacturers
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Bench Vises market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Bench Vises market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Manufacturers, Raw material suppliers, Government associations, Research organisations and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.