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Machining Head Market

Machining Head Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Machining Head Market – Introduction

  • Machining heads are specialized tool holders that stand on machine tool spindles. Machining heads are designed for use with most drilling machinery and can double drilling operations by simultaneously drilling, reaming, countersinking, or tapping two or more holes in one operation. The increasing use of machining heads in milling operations is helping in the growth of the machining heads market worldwide.

Key Drivers of the Machining Head Market

  • Machining heads provide high speed hole making and drilling anywhere from a handful of holes to several thousand holes at a time. Machining heads also allow drilling and tapping of multiple holes in closer proximity than is possible with drill units. This increases the demand for machining heads and helps in its market growth.
  • Machining heads are suitable for all types of milling operations, whether they are horizontally or vertically mounted. In milling systems, the machining head allows the user to mount any size cutting tool, as long as the tool fits the tool holder. The increasing use of machining heads in milling operations is driving the demand for machining heads across the globe.

Factors Restraining the Machining Head Market

  • The outbreak of the Covid-19 pandemic affected the growth of the machining head market. To stop the spread of Coronavirus, several countries imposed lockdown and other travel and transportation restrictions. Further, the pandemic caused extreme burden on supply chains due to lack of raw materials. Also, manufacturing plants halted their operations which delayed the production of machining heads. This hampered the growth of the machining head market.

North America to Hold Leading Share of the Global Machining Head Market

  • In terms of region, the global machining head market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
  • Country and sub-region level analysis of North America features the U.S., Canada, and Rest of North America. Analysis and forecast of the machining head market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the market analysis and forecast of GCC, South Africa, and Rest of Middle East & Africa. The machining head market in South America is segmented into Brazil and Rest of South America.
  • North America dominated the global machining head market in 2020, due to rapid industrialization in the region. Increasing demand for machining heads in milling operations has been driving the market in North America, particularly in the U.S and Canada.
  • The machining head market in North America is projected to expand at a rapid pace, followed by Asia Pacific and Europe during the forecast period.

Key Players Operating in the Machining Head Market

The global machining head market is highly competitive, owing to the presence of several global and regional players. Major players are adopting various strategies such as regional expansion and product portfolio expansion to consolidate their position in the market. A few key players operating in the global machining head market are:

  • Belotti Spa
  • EWS Group
  • OMLAT Srl
  • TDRi Robotics AB
  • TOS Varnsdorf a.s.
  • EuromaGroup S.r.l.
  • FIDIA S.P.A.
  • Technai Team S.p.A.
  • LAZZATI S.p.A.
  • Peiseler

Global Machining Head Market: Research Scope

Global Machining Head Market, by Number of Axis

  • 1 - 2 axis
  • 3 – 4 axis
  • 5 axis and more

Global Machining Head Market, by Operation

  • Milling
  • Drilling
  • Cutting
  • Others (Tapping, etc.)

Global Machining Head Market, by Price

  • Low
  • Medium
  • High

Global Machining Head Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America
Machining Head Market

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