Drill Press Market Research Global Report - Forecast till 2027

Drill Press Market Research Report: Information by Type (Hydraulic, Electric and Magnetic), Drilling Diameter (Below 2”, 2” to 5” and Above 5”) and Region (North America, Europe, Asia-Pacific and the Rest of the World) - Forecast till 2027

ID: MRFR/IA - E/6962-HCR | February 2021 | Region: Global | 100 pages

Impact of COVID-19 on the Global Drill Press Market


The outbreak of COVID-19 has forced government authorities to implement stringent measures. Partial or complete lockdowns were imposed in many emerging economies and developed countries to restrict the spread of the virus. The manufacturing of drill press and the provision of related services was constrained to permissible limits under the lockdown. Numerous retail stores and e-commerce services were shut down for the specified period. These factors have severely impacted the global economy, and multiple markets, such as the industrial automation and equipment market, have been affected adversely. The production of drill press was restricted, resulting in a huge demand and supply gap. The COVID-19 pandemic has disrupted the supply chains of multiple drill press manufacturers. Numerous companies are also facing liquidity issues that may result in the complete shutdown of their production facilities. However, financially strong companies were able to sustain manufacturing operations during the pandemic. The global demand and supply of drill press play a vital role in the growth of the industrial automation and equipment industry.


Exports of Manufactured Goods in the US (USD Million)


Source: US Census Bureau


According to the MRFR analysis, the increased chances of a global economic recession in the coming year are likely to put additional pressure on the demand for industrial automation and equipment, including drill press. Some of the key industry participants that are expected to account for large market shares in terms of revenue that include Hougen Manufacturing Inc (US), Milwaukee Tool (US), PROMOTECH (Poland), DeWalt (US), and Metabowerke GmbH (Germany). The drill press market is expected to stabilize in the Q4 of 2020. Manufacturers are expected to increase their production capacities with the gradual stabilization of the market over the projected timeframe. Moreover, International associations related to drill press manufacturing worldwide have suggested multiple measures and provided guidance on curbing the spread of COVID-19, which is expected to support market growth over the projected timeframe. 


Source: MRFR Analysis

Table of Contents

1. Executive Summary

2. Scope of the Report

2.1. Market Definition

2.2. Scope of the Study

2.2.1. Definition

2.2.2. Research Objective

2.2.3. Assumptions

2.2.4. Limitations

2.3. Research Process

2.3.1. Primary Research

2.3.2. Secondary Research

2.4. Market Size Estimation

2.5. Forecast Model

3. Market Landscape

3.1. Porter’s Five Forces Analysis

3.1.1. Threat of New Entrants

3.1.2. Bargaining Power of Buyers

3.1.3. Threat of Substitutes

3.1.4. Rivalry

3.1.5. Bargaining Power of Buyers

3.2. Value Chain/Supply Chain Analysis

4. Market Dynamics

4.1. Introduction

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Technology Trends

5. Global Drill Press Market, by Type

5.1. Introduction

5.2. Hydraulic

5.2.1. Market Estimates & Forecast, 2020–2027

5.2.2. Market Estimates & Forecast, by Region, 2020–2027

5.3. Electric

5.3.1. Market Estimates & Forecast, 2020–2027

5.3.2. Market Estimates & Forecast, by Region, 2020–2027

5.4. Magnetic

5.4.1. Market Estimates & Forecast, 2020–2027

5.4.2. Market Estimates & Forecast, by Region, 2020–2027

6. Global Drill Press Market, by Drilling Diameter

6.1. Introduction

6.2. Below 2”

6.2.1. Market Estimates & Forecast, 2020–2027

6.2.2. Market Estimates & Forecast, by Region, 2020–2027

6.3. 2” to 5”

6.3.1. Market Estimates & Forecast, 2020–2027

6.3.2. Market Estimates & Forecast, by Region, 2020–2027

6.4. Above 5”

6.4.1. Market Estimates & Forecast, 2020–2027

6.4.2. Market Estimates & Forecast, by Region, 2020–2027

7. Global Drill Press Market, by Region

7.1. Introduction

7.2. North America

7.2.1. Market Estimates & Forecast, by Country, 2020–2027

7.2.2. Market Estimates & Forecast, by Type, 2020–2027

7.2.3. Market Estimates & Forecast, by Drilling Diameter, 2020–2027

7.2.4. US

7.2.4.1. Market Estimates & Forecast, by Type, 2020–2027

7.2.4.2. Market Estimates & Forecast, by Drilling Diameter, 2020–2027

7.2.5. Canada

7.2.5.1. Market Estimates & Forecast, by Type, 2020–2027

7.2.5.2. Market Estimates & Forecast, by Drilling Diameter, 2020–2027

7.3. Europe

7.3.1. Market Estimates & Forecast, by Country, 2020–2027

7.3.2. Market Estimates & Forecast, by Type, 2020–2027

7.3.3. Market Estimates & Forecast, by Drilling Diameter, 2020–2027

7.3.4. UK

7.3.4.1. Market Estimates & Forecast, by Type, 2020–2027

7.3.4.2. Market Estimates & Forecast, by Drilling Diameter, 2020–2027

7.3.5. Germany

7.3.5.1. Market Estimates & Forecast, by Type, 2020–2027

7.3.5.2. Market Estimates & Forecast, by Drilling Diameter, 2020–2027

7.3.6. France

7.3.6.1. Market Estimates & Forecast, by Type, 2020–2027

7.3.6.2. Market Estimates & Forecast, by Drilling Diameter, 2020–2027

7.3.7. Italy

7.3.7.1. Market Estimates & Forecast, by Type, 2020–2027

7.3.7.2. Market Estimates & Forecast, by Drilling Diameter, 2020–2027

7.3.8. Rest of Europe

7.3.8.1. Market Estimates & Forecast, by Type, 2020–2027

7.3.8.2. Market Estimates & Forecast, by Drilling Diameter, 2020–2027

7.4. Asia-Pacific

7.4.1. Market Estimates & Forecast, by Country, 2020–2027

7.4.2. Market Estimates & Forecast, by Type, 2020–2027

7.4.3. Market Estimates & Forecast, by Drilling Diameter, 2020–2027

7.4.4. China

7.4.4.1. Market Estimates & Forecast, by Type, 2020–2027

7.4.4.2. Market Estimates & Forecast, by Drilling Diameter, 2020–2027

7.4.5. Japan

7.4.5.1. Market Estimates & Forecast, by Type, 2020–2027

7.4.5.2. Market Estimates & Forecast, by Drilling Diameter, 2020–2027

7.4.6. India

7.4.6.1. Market Estimates & Forecast, by Type, 2020–2027

7.4.6.2. Market Estimates & Forecast, by Drilling Diameter, 2020–2027

7.4.7. Rest of Asia-Pacific

7.4.7.1. Market Estimates & Forecast, by Type, 2020–2027

7.4.7.2. Market Estimates & Forecast, by Drilling Diameter, 2020–2027

7.5. Rest of the World

7.5.1. Market Estimates & Forecast, by Region, 2020–2027

7.5.2. Market Estimates & Forecast, by Type, 2020–2027

7.5.3. Market Estimates & Forecast, by Drilling Diameter, 2020–2027

7.5.4. Middle East & Africa

7.5.4.1. Market Estimates & Forecast, by Type, 2020–2027

7.5.4.2. Market Estimates & Forecast, by Drilling Diameter, 2020–2027

7.5.5. Latin America

7.5.5.1. M Market Estimates & Forecast, by Type, 2020–2027

7.5.5.2. Market Estimates & Forecast, by Drilling Diameter, 2020–2027

8. Competitive Landscape

9. Company Profile

9.1. Hougen Manufacturing Inc (US)

9.1.1. Company Overview

9.1.2. Products/Services Offered

9.1.3. Financial Overview

9.1.4. Key Developments

9.1.5. Key Strategies

9.1.6. SWOT Analysis

9.2. Milwaukee Tool (US)

9.2.1. Company Overview

9.2.2. Products/Services Offered

9.2.3. Financial Overview

9.2.4. Key Developments

9.2.5. Key Strategies

9.2.6. SWOT Analysis

9.3. CS Unitec, Inc. (US)

9.3.1. Company Overview

9.3.2. Products/Services Offered

9.3.3. Financial Overview

9.3.4. Key Developments

9.3.5. Key Strategies

9.3.6. SWOT Analysis

9.4. Champion Cutting Tool Corp (US)

9.4.1. Company Overview

9.4.2. Products/Services Offered

9.4.3. Financial Overview

9.4.4. Key Developments

9.4.5. Key Strategies

9.4.6. SWOT Analysis

9.5. DeWalt (US)

9.5.1. Company Overview

9.5.2. Products/Services Offered

9.5.3. Financial Overview

9.5.4. Key Developments

9.5.5. Key Strategies

9.5.6. SWOT Analysis

9.6. Metabowerke GmbH (Germany)

9.6.1. Company Overview

9.6.2. Products/Services Offered

9.6.3. Financial Overview

9.6.4. Key Developments

9.6.5. Key Strategies

9.6.6. SWOT Analysis

9.7. Steelmax Tools LLC (US)

9.7.1. Company Overview

9.7.2. Products/Services Offered

9.7.3. Financial Overview

9.7.4. Key Developments

9.7.5. Key Strategies

9.7.6. SWOT Analysis

9.8. Evolution Power Tools (UK)

9.8.1. Company Overview

9.8.2. Products/Services Offered

9.8.3. Financial Overview

9.8.4. Key Developments

9.8.5. Key Strategies

9.8.6. SWOT Analysis

9.9. PROMOTECH (Poland)

9.9.1. Company Overview

9.9.2. Products/Services Offered

9.9.3. Financial Overview

9.9.4. Key Developments

9.9.5. Key Strategies

9.9.6. SWOT Analysis

9.10. Rotabroach (UK)

9.10.1. Company Overview

9.10.2. Products/Services Offered

9.10.3. Financial Overview

9.10.4. Key Developments

9.10.5. Key Strategies

9.10.6. SWOT Analysis

9.11. G&J Hall Tools Inc. (US)

9.11.1. Company Overview

9.11.2. Products/Services Offered

9.11.3. Financial Overview

9.11.4. Key Developments

9.11.5. Key Strategies

9.11.6. SWOT Analysis

9.12. Universal Cutting & Drilling Equipment ltd (UK)

9.12.1. Company Overview

9.12.2. Products/Services Offered

9.12.3. Financial Overview

9.12.4. Key Developments

9.12.5. Key Strategies

9.12.6. SWOT Analysis

9.13. C. & E. Fein GmbH (Germany)

9.13.1. Company Overview

9.13.2. Products/Services Offered

9.13.3. Financial Overview

9.13.4. Key Developments

9.13.5. Key Strategies

9.13.6. SWOT Analysis

9.14. JEI Drilling & Cutting Solutions Ltd (India)

9.14.1. Company Overview

9.14.2. Products/Services Offered

9.14.3. Financial Overview

9.14.4. Key Developments

9.14.5. Key Strategies

9.14.6. SWOT Analysis

9.15. Dongcheng Power Tools (India)

9.15.1. Company Overview

9.15.2. Products/Services Offered

9.15.3. Financial Overview

9.15.4. Key Developments

9.15.5. Key Strategies

9.15.6. SWOT Analysis

9.16. Alfra Tools LLC. (US)

9.16.1. Company Overview

9.16.2. Products/Services Offered

9.16.3. Financial Overview

9.16.4. Key Developments

9.16.5. Key Strategies

9.16.6. SWOT Analysis

9.17. RUKO GmbH Präzisionswerkzeuge (Germany)

9.17.1. Company Overview

9.17.2. Products/Services Offered

9.17.3. Financial Overview

9.17.4. Key Developments

9.17.5. Key Strategies

9.17.6. SWOT Analysis

List of Tables

Table 1 Global Drill Press Market, by Region, 2017–2027

Table 2 North America: Drill Press Market, by Country, 2017–2027

Table 3 Europe: Drill Press Market, by Country, 2017–2027

Table 4 Asia-Pacific: Drill Press Market, by Country, 2017–2027

Table 5 RoW: Drill Press Market, by Region, 2017–2027

Table 6 Global Drill Press Market, by Type, by Region, 2017–2027

Table 7 North America: Drill Press Market, by Type, by Country, 2017–2027

Table 8 Europe: Drill Press Market, by Type, by Country, 2017–2027

Table 9 Asia-Pacific: Drill Press Market, by Type, by Country, 2017–2027

Table 10 RoW: Drill Press Market, by Type, by Region, 2017–2027

Table 11 Global Drill Press Market, by Drilling Diameter, by Region, 2017–2027

Table 12 North America: Drill Press Market, by Drilling Diameter, by Country, 2017–2027

Table 13 Europe: Drill Press Market, by Drilling Diameter, by Country, 2017–2027

Table 14 Asia-Pacific: Drill Press Market, by Drilling Diameter, by Country, 2017–2027

Table 15 RoW: Drill Press Market, by Drilling Diameter, by Region, 2017–2027

List of Figures

Figure 1 Research Process of MRFR

Figure 2 Top-Down and Bottom-Up Approach

Figure 3 Market Dynamics

Figure 4 Impact Analysis: Market Drivers

Figure 5 Impact Analysis: Market Restraints

Figure 6 Porter's Five Forces Analysis

Figure 7 Value Chain Analysis

Figure 8 Global Drill Press Market Share, by Type, 2020 (%)

Figure 9 Global Drill Press Market, by Type, 2020–2027 (USD Million)

Figure 10 Global Drill Press Market Share, by Drilling Diameter, 2020 (%)

Figure 11 Global Drill Press Market, by Drilling Diameter, 2020–2027 (USD Million)

Figure 12 Global Drill Press Market, by Sales Channel, 2020–2027 (USD Million)

Figure 13 Global Drill Press Market Share (%), by Region, 2020

Figure 14 Global Drill Press Market, by Region, 2020–2027 (USD Million)

Figure 15 North America: Drill Press Market Share (%), 2020

Figure 16 North America: Drill Press Market, by Country, 2020–2027 (USD Million)

Figure 17 Europe: Drill Press Market Share (%), 2020

Figure 18 Europe: Drill Press Market, by Country, 2020–2027 (USD Million)

Figure 19 Asia-Pacific: Drill Press Market Share (%), 2020

Figure 20 Asia-Pacific: Drill Press Market, by Country, 2020–2027 (USD Million)

Figure 21 Rest of the World: Drill Press Market Share (%), 2020

Figure 22 Rest of the World: Drill Press Market, by Region, 2020–2027 (USD Million)