Global Electromagnetic 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 Electromagnetic Chuck Controllers Market size is projected to grow at a CAGR of 5.4% from 2021-2028. The major factor driving the growth in the global market for electromagnetic chuck controllers is the increasing demand for automation and robotic systems. Some other factors that are contributing towards the growth of this market include increased adoption of 3D printing technology, rising production of electronic products, and increasing environmental concerns related to power consumption due to rapid industrialization.
Electromagnetic Chuck Controllers are electronic devices that control the electromagnetic chucks in electric machines. These devices are used to position and control the workpiece with respect to a machining center or lathe machine, which can be either manual or automatic.
On the basis of Type, the market is segmented into AC type and DC type.
AC Type Electromagnetic Chuck Controllers:
AC-type electromagnetic chuck controllers are mainly used for electric machines. They can be divided into AC-series and DC series, which have the advantages of low cost, simple structure, and small size but weak torque performance.
An AC-type electromagnetic chuck controller is the most commonly used type of electromagnetic chuck controller in manufacturing. The AC types are more expensive and have a higher power consumption than the DC type, but they offer high accuracy due to their low-voltage operation which boosts precision during milling applications.
DC Type Electromagnetic Chuck Controllers:
DC Type Electromagnetic Chuck Controllers are designed to provide a constant power supply for the motors that drive machinery. The electromagnetic chuck controller is an integral part of modern CNC machines and all other types of machine tools, in which they regulate motor current as well as the voltage supplied by the DC source into proper levels according to load requirements.
The uses of DC Type Electromagnetic Chuck Controllers are primarily driven by the types of machinery that use them; they provide a power supply to motors and regulate voltage in order to avoid overloading. They can be used in any machine with an electromagnetic chuck, including grinder machines like surface grinders or vertical mills, milling machines for finishing work on metal parts, lathe machines that shape metal pieces as well as cutting tools such as end mills, drills, and saws.
On the basis of Application, the market is segmented into Grinding Machines, Milling Machines, Cutting Machines, and Lathe. Electromagnetic chuck controllers are used in grinding machines, where they provide power and feedback to the motor. The electromagnetic chucks also help regulate torque output for heavy loads where traditional clutches cannot handle any more load without slipping and/or stalling.
The electromagnetic chuck controller is used in various types of milling machines. Some examples include the vertical head, horizontal and radial arm as well as other specialty units. The magnetic chucks are also utilized on many different types of lathes. In a typical application, when the machinist needs to stop cutting for any reason or just wants to change out parts, the machine will automatically shut off whenever it senses that there is no load applied by something like a drill bit.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American market is projected to grow significantly during the forecast period, in terms of value. This growth can be attributed to the rising demand for Electromagnetic chuck controllers from large enterprises catering to various industries such as automotive and metals & machinery.
The Asia Pacific market is anticipated to show substantial growth owing to high adoption rates among manufacturers who are using Direct Current (DC) type electromagnetic chucks over Alternating current (AC).
The European market is projected to show above-average growth during the forecast period. Developing countries in Europe are investing heavily in research and development, which is expected to fuel demand for the Electromagnetic chuck controllers market.
The Latin American region has not witnessed as much growth in demand owing to a lack of industrialization coupled with minimal investments from governments over the past few years. The Latam market is also characterized by high imports, this trend may change due to increased Chinese investment towards manufacturing facilities in Chile, Peru, and Argentina.
Growth Factors For The Global Electromagnetic Chuck Controllers Market:
Electromagnetic chuck controller manufacturing companies may be investing in research and development programs to develop new products. The increasing demand for alternative energy sources will drive the adoption of this technology globally, which could lead to increased revenue generation opportunities for manufacturers. The price fluctuations caused by changes in raw material prices or currencies also influence the industry’s performance. Finally, government regulations related to emissions and environmental protection may change over time as well.
Up Market Research published a new report titled “Electromagnetic 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 | Electromagnetic 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 | 244 |
Number of Tables & Figures | 171 |
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 Electromagnetic 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
Electromagnetic 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 Electromagnetic Chuck Controllers Market
Overview of the regional outlook of the Electromagnetic 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 Electromagnetic Chuck Controllers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Electromagnetic 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 Electromagnetic 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 Electromagnetic 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 Electromagnetic 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 Electromagnetic Chuck Controllers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electromagnetic 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 Electromagnetic 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 Electromagnetic Chuck Controllers Market Size & Forecast, 2018-2028
4.5.1 Electromagnetic Chuck Controllers Market Size and Y-o-Y Growth
4.5.2 Electromagnetic Chuck Controllers Market Absolute $ Opportunity
Chapter 5 Global Electromagnetic 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 Electromagnetic 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 Electromagnetic 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 Electromagnetic 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 Electromagnetic 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 Electromagnetic 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 Electromagnetic Chuck Controllers Analysis and Forecast
9.1 Introduction
9.2 North America Electromagnetic 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 Electromagnetic 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 Electromagnetic 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 Electromagnetic Chuck Controllers Analysis and Forecast
10.1 Introduction
10.2 Europe Electromagnetic 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 Electromagnetic 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 Electromagnetic 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 Electromagnetic Chuck Controllers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electromagnetic 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 Electromagnetic 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 Electromagnetic 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 Electromagnetic Chuck Controllers Analysis and Forecast
12.1 Introduction
12.2 Latin America Electromagnetic 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 Electromagnetic 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 Electromagnetic 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) Electromagnetic Chuck Controllers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electromagnetic 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) Electromagnetic 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) Electromagnetic 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 Electromagnetic Chuck Controllers Market: Competitive Dashboard
14.2 Global Electromagnetic 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