Tool Holder Market Research Report - Global Forecast till 2027

Tool Holder Market Research Report: Information by Tool Holder (Collet Chuck, Hydraulic Toolholders, Milling Chucks and others), by Product Type (R8, V-Flange Taper, NMTB, HSK and others), by Machine Type (CNC Machining Center, CNC Turning Center, CNC Lathe and others), by Industry Vertical (Automotive, Aerospace & Defence, Electric & Electronics, Construction, Heavy Engineering and others) and by Region (North America, Europe, Asia-Pacific and the Rest of the World) - Forecast till 2027

ID: MRFR/IA - E/6502-HCR | February 2021 | Region: Global | 100 pages

Tool Holder Market Synopsis


Tool Holder Market is expected to progress with 5.3% CAGR from 2019 to 2025.


Tool holders are the physical interchangeable interface between machine tool spindle and a cutting tool, which is designed for a specific application and tailored to enhance both, machine performance and operational efficiency. The machine mount style plays an important role for selection of a proper tool holder. Tool holders come in multiple machine mount styles from the older R8 style to newer HSK or VDI mount. The projection length of the tool holder is the distance from the gage line to the end of the tool holder. For smooth machining operations, it is very important that the tool is correctly inserted in the collet and rotates through its cutting path with reduced run-out.


The major key driving factors for the growth of this market are the growing concern over safety and security of machines, growing adoption of HSK or VDI tool holders in various industry verticals, growing automotive, construction, and aviation industries, and rising adoption of horizontal machining center (HMC) machines.


The strict industry regulations, lack of skilled professionals, component reliability issues, and costs associated with the development of tool holders in terms of research acts as a barrier for new market players. However, growing use of loT for condition-based monitoring of tool holders, technological advancement in tool holder, automatic and semi-automatic machine operations, and developing economies from emerging countries create ample opportunities for the expansion and growth of this market.


Key Market


Some of the Key Market participants covered in the global tool holder market are BIG KAISER Precision Tooling Inc. (US), CERATIZIT S.A. (US), Guhring, Inc. (US), Kennametal (US), Sandvik Coromant (Sweden), LMT Onsrud LP (US), SCHUNK GmbH & Co. KG (Germany), KYOCERA UNIMERCO A/S (Demnark), Ingersoll Cutting Tool Company (US), Gerb Tool Holders, Inc. (US), and Seco Tools (Sweden).


Segmentation: Global Tool Holder Market   Tool Holder Market_Image


The global tool holder market is segmented on the basis of tool holder type, product type, machine type, industry vertical, and region. On the basis of tool holder type, the global market has been segmented into collet chuck, hydraulic toolholders, milling chucks, and others. On the basis of product, the global market has been segmented into R8, V-Flange Taper, NMTB, HSK type, and others. On the basis of machine type, the global market has been segmented into CNC machining center, CNC turning center, CNC lathe, and others. On the basis of industry vertical, the global market has been segmented into automotive, aerospace and defence, electric and electronics, construction, heavy engineering, and others.


Geographically, the global tool holder market has been segmented into four major regions, namely, North America, Europe, Asia-Pacific, and the rest of the world. The growth of Asia–Pacific can be attributed to the increasing use of tool holders in automotive, construction, and heavy engineering industries across the country. The market for tool holders is expected to grow at the highest rate in Asia-Pacific during the forecast period, due to increasing industrialization, primarily in China, Japan, and India. The existence of major manufacturers and operating units of global players in this region combined with the availability of sophisticated technologies enables the market to flourish.


North America is projected to witness significant growth for the tool holder market. The growing aviation & defence, marine, and off-road industries in the US and Canada enable the growth of the tool holder in North America.


The rest of the world includes the regions, such as South America and the Middle East & Africa. The Middle East & Africa is an emerging market owing to the increased expenditure by international players. South America is among the emerging regions, incorporating the technological changes in the tool holder market at a rapid pace. Countries such as Brazil and Argentina are significantly contributing to the growth of the market owing to the government initiatives, which are boosting the rapid development of the automotive and metalworking industry.


The report for global tool holder market of Market Research Future covers extensive primary research. This is accompanied with detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.


Intended Audience:



  • Tool holder component manufacturers

  • Tool holder manufacturers, distributors, and suppliers

  • State and national regulatory authorities

  • Consulting companies in the metalworking industry

  • Investors/shareholders

  • Government and industry associations

  • State or government owned corporations

  • Research organizations



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   5.3%CAGR (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Tool Holder ,Product Type , Machine Type and Industry Vertical
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   BIG KAISER Precision Tooling Inc. (US), CERATIZIT S.A. (US), Guhring, Inc. (US), Kennametal (US), Sandvik Coromant (Sweden), LMT Onsrud LP (US), SCHUNK GmbH & Co. KG (Germany), KYOCERA UNIMERCO A/S (Demnark), Ingersoll Cutting Tool Company (US), Gerb Tool Holders, Inc. (US), and Seco Tools (Sweden)
  Key Market Opportunities   Developing economies from emerging countries
  Key Market Drivers

  • Growing use of loT for condition-based monitoring of tool holders
  • Technological advancement in tool holder
  • Automatic and semi-automatic machine operations


  • Frequently Asked Questions (FAQ) :


    A 5.3% CAGR is expected to be noted in the global market.

    An acceleration in income potential is estimated to draw the growth plans of the market.

    An acceleration in the employment of horizontal machining center (HMC) machines is likely to define the development of the market in the approaching period.

    The segments of machine type, product type, tool holder type, industry vertical, and region are

    LMT Onsrud LP (US), SCHUNK GmbH & Co. KG (Germany), Sandvik Coromant (Sweden), and KYOCERA UNIMERCO A/S (Denmark) are the market contenders.