LONDON, March 06, 2019 (GLOBE NEWSWIRE) -- The Business Research Company’s report shows that the global dies, jigs and tools market (including fixture manufacturing) will grow to nearly $89 billion in 2023, at an annual rate of more than 9%.
The report covers the tool and die manufacturing and die set, jig, and fixture manufacturing markets. The global dies, jigs and other tools manufacturing market is split by segments in the report- Stamping and Other Tools, Jigs And Fixtures, and Dies. Tool and die designs, and jigs & fixtures and dies are widely used in the transportation, electronics and plastic products manufacturing industries.
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Asia Pacific’s jigs & fixtures and dies market was the largest in the world accounting for more than 45% of the global total, worth nearly $26 billion in 2018, followed by North America, Western Europe, and then the other regions.
The top five competitors in the tool and die manufacturing and die set, jig, and fixture manufacturing markets were Kennametal, Inc., MISUMI Group INC., Roto-Die Company, Inc., ALLMATIC-Jakob Spannsysteme GmbH and Midway Rotary Die Solutions. Kennametal, Inc. was the largest competitor in the dies, jigs and other tools manufacturing market in 2018.
Dies, Jigs and Other Tools Global Market Opportunities And Strategies is one of a series of new reports from The Business Research Company that provide market overviews, analyze and forecast market size and growth for the whole market, segments and geographies, trends, drivers, restraints, leading competitors’ revenues, profiles and market shares in over 300 industry reports, covering over 2400 market segments and 56 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modellers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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