Monday, 6 May 2019

Machine Bench Vices Market 2019 Global Trend, Segmentation and Opportunities, Forecast 2026

Machine bench vices are mechanical devices used for clamping or holding a work piece in order to allow work to be performed on it with tools such as mills, saws, planes, screwdrivers, sandpaper, drills, etc. A bench vise has parallel flat jaws attached to a workbench. Vices are used by tool makers for holding pieces of work and also as holding devices on machines such as drilling machines, milling machines, lathes, etc. There are two main types of bench vices: woodworking vise and mechanical vise. A woodworking vise is attached to a workbench, typically flush with its work surface.

A mechanical bench vise is usually bolted or clamped onto the top of the bench. The handle is usually adjustable so that it can be tightened in small places. Machine bench vices are commonly used for drilling holes on pieces of work on drilling machines and also for all machining work on milling machines. Milling machines are essential in any workshop where milling and drilling machines are installed. Certain industries have stringent requirements for precise finishing of products. Therefore, machine bench vices are used significantly across different industry verticals worldwide.

The global machine bench vices market is expected to expand at a significant growth rate in the near future. Rapid expansion of the industrial manufacturing sector and increase in demand for portable machine bench vices are key factors driving the global machine bench vices market. Additionally, the number of work shops where drilling and milling machines are used is increasing, due to rapid developments in industrial sectors. This is boosting the machine bench vices market.

Moreover, most machine tool manufacturers get bench vices made in small scale industries as sub-contracting work as standard equipment. Small scale industries also purchase bench vices in the open market through dealers. The global machine bench vices market is likely to be drive by wide usage of machine bench vices by small scale industries worldwide. Increase in the adoption of portable machine bench vices in North America and Europe is expected to drive the market in these regions during the forecast period.

The market in Asia Pacific is expected to expand at a significant pace during the forecast period. Growth of the market in the region can be attributed to a rise in investments in the manufacturing sector. The industrial manufacturing sector in Japan, India, China, and countries in Southeast Asia has expanded at a substantial 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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