Global Chuck Controllers Market by Type (AC Type, DC Type), By Application (Grinding Machines, Milling Machine, Cutting Machines, Lathe Machines, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The Global Chuck Controllers Market size is expected to grow at a CAGR of around 3.8% during the forecast period from 2021-2028. The growth in this market can be attributed mainly due to the increasing automation and digitization, which has led to an increase in demand for machines with integrated or automated control systems. In addition, there are various government initiatives being taken by different countries that aim at boosting industrial production through increased investments in R&D and capital expenditure (CAPEX).
Chuck Controllers are an essential tool for the manufacturing of machine tools. The chuck control system is used to hold and rotate workpieces as they are machined. Chuck controller systems include sensors, actuators, electronics, and software that ensure the safe operation of a machine tool.
On the basis of Type, the market is segmented into AC Type and DC Type. The AC Type segment led the market, in terms of revenue share in 2018 owing to the rise in automation projects.
AC Type Chuck Controllers:
An AC-type chuck controller is a control system that manages the rotary speed of an electric motor, as well as its direction. It can be used for controlling and regulating high-speed spindle operations in a variety of machine tools. A typical AC-based power supply consists of three phases corresponding to 120 degrees each around the circumference of the electrical circuit's magnetic field loop. The currents generated by these three voltages are additive (in-phase), producing work done on the mechanical load during one revolution or cycle; this corresponds to pure sine wave output voltage with sinusoidal current changes at a rate according to frequency input from 50Hz - 60 Hz. AC Type Chuck Controllers use PWM technology which provides variable voltage out over time and not time-invariant.
DC Type Chuck Controllers:
DC Type Chuck Controllers, also known as Direct Current or DC-driven chuck controllers are a very useful type of motor controller that provides precise control over the amount of power delivered to a rotary table. A DC motor is one where its voltage and current can be controlled by an external device such as a computer. The term “chuck” refers to the circular hole on which the workpiece rests while being held firmly at the desired location for machining operations.
On the basis of Application, the market is segmented into Grinding Machines, Milling Machines, Cutting Machines, Lathe Machines, and Others (grinders). Amongst these segments cutting machines has a considerable lead over others including grinding machine due to increasing demand for metal recycling from different industries.
Grinding Machines:
Chuck Controllers are used in Grinding machines to regulate the speed of rotation, torque, and power input for each spindle. It is also important when it comes to calculating material removal rates along with peripheral speeds. In this application, they control the amount of force (torque) applied on a workpiece by an operator or machine tool as well as feed rate during machining. They provide safety features that protect operators from injury due to excessive forces exerted during operation-related accidents such as chuck binding or slippage that may occur while grinding operations are underway.
Milling Machines:
Chuck Controllers are used in the Milling Machines industry to regulate the speed of rotation, and they also provide feedback to both the operator and the machine. Chuck controllers can be either AC or DC types based on their operational type.
A chuck controller regulates linear motion by using a variety of sensors like rotary encoders (to measure angular position), magnetic potentiometers (to measure changes in current flow) as well as proximity switches for detecting an object's presence at various points along its travel path. This is done through electronic components such as microcontrollers which consist of circuits that generate digital signals according to input from these sensing devices; some manufacturers use analog circuitry instead.
Cutting Machines:
A chuck controller is one of the devices that are used in cutting machines. It acts as a power supply for the machine and regulates its speed both by adjusting it according to the load on the material being cut, and also when needed from time to time. A good example would be circular saws which use this type of device because they have no built-in braking capability - so if something goes wrong or there's an obstruction like someone walking into your line of sight while you're cutting, then without some sort of brake control system enabled (like a Chuck Controller).
Lathe Machines:
In a lathe machine, Chuck Controllers regulate the angular position of the workpiece through rotation and axial movement while it is being machined. The rotary motion is achieved by a rotating lead screw which drives the spindle to rotate around its axis and moves axially with a cross-slide or compound slide.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific (APAC), and Middle East & Africa. North America is a lucrative market for chuck controllers due to the presence of prominent industries in this region such as the automotive industry which generates substantial demand for these products from manufacturers like General Motors Company.
Latin America also contributes substantially towards the regional revenue owing to an increase in industrialization and commercial sector consequent with high GDP growth rates. Countries such as Mexico are fuelling the manufacturing industry through some major investments by multinational companies. The Asia Pacific market is projected to grow at a high CAGR due to the rising number of manufacturing companies in this region.
Up Market Research published a new report titled “Chuck Controllers Market research report which is segmented by Types (AC Type, DC Type), By Applications (Grinding Machines, Milling Machine, Cutting Machines, Lathe Machines, Others), By Players/Companies Kanetec, Hishiko Corporatio, Walmag Magnetics, Magnetool, Inc., Sarda Magnets Group, Walker Magnetics (Alliance Holdings), BRAILLON MAGNETICS, Eclipse Magnetics (Spear & Jackson), GUANG DAR Magnet, Tecnomagnete S.p.A., Earth-Chain Enterprise, Magna-Lock USA (Obsidian Manufacturing Industries), Uptech Engineering”.
Report Scope
Report Attributes | Report Details |
Report Title | Chuck Controllers Market Research Report |
By Type | AC Type, DC Type |
By Application | Grinding Machines, Milling Machine, Cutting Machines, Lathe Machines, Others |
By Companies | Kanetec, Hishiko Corporatio, Walmag Magnetics, Magnetool, Inc., Sarda Magnets Group, Walker Magnetics (Alliance Holdings), BRAILLON MAGNETICS, Eclipse Magnetics (Spear & Jackson), GUANG DAR Magnet, Tecnomagnete S.p.A., Earth-Chain Enterprise, Magna-Lock USA (Obsidian Manufacturing Industries), Uptech Engineering |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 220 |
Number of Tables & Figures | 154 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Chuck Controllers Market Report Segments:
The market is segmented by Type AC Type, DC Type and By Application Grinding Machines, Milling Machine, Cutting Machines, Lathe Machines, Others.
Some of the companies that are profiled in this report are:
- Kanetec
- Hishiko Corporatio
- Walmag Magnetics
- Magnetool, Inc.
- Sarda Magnets Group
- Walker Magnetics (Alliance Holdings)
- BRAILLON MAGNETICS
- Eclipse Magnetics (Spear & Jackson)
- GUANG DAR Magnet
- Tecnomagnete S.p.A.
- Earth-Chain Enterprise
- Magna-Lock USA (Obsidian Manufacturing Industries)
- Uptech Engineering
Chuck Controllers Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Chuck Controllers Market
Overview of the regional outlook of the Chuck Controllers Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Chuck Controllers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Chuck Controllers Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. AC Type
2. DC Type
7. By Application:1. Grinding Machines
2. Milling Machine
3. Cutting Machines
4. Lathe Machines
5. Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Chuck Controllers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Chuck Controllers Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chuck Controllers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Chuck Controllers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Chuck Controllers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Chuck Controllers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Chuck Controllers Market Size & Forecast, 2018-2028
4.5.1 Chuck Controllers Market Size and Y-o-Y Growth
4.5.2 Chuck Controllers Market Absolute $ Opportunity
Chapter 5 Global Chuck Controllers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Chuck Controllers Market Size Forecast by Type
5.2.1 AC Type
5.2.2 DC Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Chuck Controllers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Chuck Controllers Market Size Forecast by Applications
6.2.1 Grinding Machines
6.2.2 Milling Machine
6.2.3 Cutting Machines
6.2.4 Lathe Machines
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chuck Controllers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Chuck Controllers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Chuck Controllers Analysis and Forecast
9.1 Introduction
9.2 North America Chuck Controllers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Chuck Controllers Market Size Forecast by Type
9.6.1 AC Type
9.6.2 DC Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Chuck Controllers Market Size Forecast by Applications
9.10.1 Grinding Machines
9.10.2 Milling Machine
9.10.3 Cutting Machines
9.10.4 Lathe Machines
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Chuck Controllers Analysis and Forecast
10.1 Introduction
10.2 Europe Chuck Controllers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Chuck Controllers Market Size Forecast by Type
10.6.1 AC Type
10.6.2 DC Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Chuck Controllers Market Size Forecast by Applications
10.10.1 Grinding Machines
10.10.2 Milling Machine
10.10.3 Cutting Machines
10.10.4 Lathe Machines
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Chuck Controllers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Chuck Controllers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Chuck Controllers Market Size Forecast by Type
11.6.1 AC Type
11.6.2 DC Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Chuck Controllers Market Size Forecast by Applications
11.10.1 Grinding Machines
11.10.2 Milling Machine
11.10.3 Cutting Machines
11.10.4 Lathe Machines
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Chuck Controllers Analysis and Forecast
12.1 Introduction
12.2 Latin America Chuck Controllers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Chuck Controllers Market Size Forecast by Type
12.6.1 AC Type
12.6.2 DC Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Chuck Controllers Market Size Forecast by Applications
12.10.1 Grinding Machines
12.10.2 Milling Machine
12.10.3 Cutting Machines
12.10.4 Lathe Machines
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Chuck Controllers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Chuck Controllers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Chuck Controllers Market Size Forecast by Type
13.6.1 AC Type
13.6.2 DC Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Chuck Controllers Market Size Forecast by Applications
13.10.1 Grinding Machines
13.10.2 Milling Machine
13.10.3 Cutting Machines
13.10.4 Lathe Machines
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Chuck Controllers Market: Competitive Dashboard
14.2 Global Chuck Controllers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kanetec
14.3.2 Hishiko Corporatio
14.3.3 Walmag Magnetics
14.3.4 Magnetool, Inc.
14.3.5 Sarda Magnets Group
14.3.6 Walker Magnetics (Alliance Holdings)
14.3.7 BRAILLON MAGNETICS
14.3.8 Eclipse Magnetics (Spear & Jackson)
14.3.9 GUANG DAR Magnet
14.3.10 Tecnomagnete S.p.A.
14.3.11 Earth-Chain Enterprise
14.3.12 Magna-Lock USA (Obsidian Manufacturing Industries)
14.3.13 Uptech Engineering