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Machine bench vices is known as a clamping device that is been used to hold a workpiece firmly and securely during operating a machine tool such as milling machine or a drill press. These machine bench vices are attached to a drill press or milling machine's table in order to relieve the user's hands from holding the workpiece when milling, drilling, or completing similar tasks.
Therefore, it plays a vital role across the application such as woodworking and mechanical operations, as it reduces the risk involved by holding the workpiece for the user. Earlier, the designs of the machine bench vices were complicated which resulted in the constant alignment issues that hampered the operations of the machine tools. However, over a period of time, the growth of the CNC machines got increased that supplemented the demand of the advance machine bench vices.
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Moreover, due to the rapid advancements in the industrial sectors, increase in the number of workshops is witnessed where drilling and milling machines are used. Thereby boosting the demand of the machine bench vices market. Furthermore, most of the machine tool manufacturers adopt bench vices that are manufactured in small scale industries as sub-contracting work as standard equipment. Small scale industries also purchase these machine bench vices in the open market through various dealers. Thus, the small scale industries have tremendous opportunity to grow during the forecast period.
Key players operating in the machine bench vices market are Gerardi S.p.A., Kurt Manufacturing Company, Inc., KITAGAWA, Georg Kesel GmbH & Co KG, Raptor Workholding Products, Hilma-Römheld GmbH, Jergens Inc., ALLMATIC-Jakob Spannsysteme, LANG Technik GmbH, S. A., SPREITZER GmbH & Co. KG, OK-VISE, 5th Axis Inc., RÖHM GmbH, and Fresmak and among others.
· Hydraulic Machine Bench Vices
· Pneumatic Machine Bench Vices
By Distribution Channel
By End Use Industry
· North America (the USA and Canada and Rest of North America)
· Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
· Asia Pacific (Japan, China, India, Southeast Asia and Rest of Asia Pacific)
· Latin America (Brazil, Mexico and Rest of Latin America)
· Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
North America is projected to have the highest market share for the global machine bench valves market, owing to the growth of the manufacturing industry and the demand of machine tools during the forecast period. Asia Pacific is anticipated to have a significant growth rate, owing to the rise in investments in the manufacturing sector. Also, the industrial manufacturing sector in Japan, India, China, and countries in Southeast Asia has expanded at a considerable growth in the last few years, and the trend is expected to continue in the near future. This has led to high demand for industrial machine tools (such as machine bench vices) in these countries.
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