The global metalworking tool holder market size was valued at $815.3 million in 2020, and is expected to reach $1,193.1 million by 2030, with a CAGR of 4.5% from 2021 to 2030.Tool holder, also known as clamper or adaptor, is a holding equipment or device used in manufacturing industries to keep tool in appropriate position. Tool holder is available in shapes such as conical and cylindrical. Tool holder is used in milling, drilling, and boring industries. It has a short steel bar with shank at one end, which is clamped to machine tools. It possesses features such as rigid, accuracy, power, and balance. Rise in adoption of tool holders in various end users such as automotive, aerospace, defense, and others, owing to advantages such as highly efficient and highly productive, drives the growth of the global metalworking tool holder market. The urban population globally is projected to rise by 2050; thereby, fueling the demand for tool holders for automotive and aerospace industry in the near future. A rise in infrastructure activities in developing countries such as India, Brazil, and others is expected to drive the demand for tool holders, which fuels the metalworking tool holder market growth. The manufacturing industry uses tool holder, which are extensively used in milling machines, drilling machines, and boring machines. An increase in urbanization and industrialization in emerging countries such as Germany, France, the U.S., and others drives the demand for automotive vehicle. This is expected to fuel the demand for tool holder; thereby, driving the growth of the metalworking tool holder market. For instance, degree of urbanization in the U.S. increased by 0.4% from 2017 to 2019. In addition, tool holder is used in various industry verticals such as automotive, aerospace, and defense, owing to rise in demand for tool holder. The healthcare industry in various countries such as the UK, the U.S., and India is growing at a significant pace, due to increase in investments in this sector by government. For instance, in 2018, the UK Government spent $252.9 billion on the healthcare industry. This is expected to drive the demand for tool holder, owing to features such as highly efficient, rigid, and high revolution per minute (rpm). However, fluctuation in foreign currencies and volatile economic condition in the developing economies are anticipated to hamper the growth of the global metalworking tool holder market. Furthermore, growth in machinery and equipment manufacturing sector is anticipated to provide lucrative opportunities for the growth of the global metalworking tool holder market. Get Free Sample:-https://www.alliedmarketresearch.com/request-sample/12885 The global metalworking tool holder market is segmented on the basis of type, machine type, end user, and region. On the basis of type, the market is divided into milling chucks, collet chuck, hydraulic toolholders, and others. Collet chuck segment generated the highest revenue in 2020. Based on machine type, the market is divided into machining centers, lathe machines, gear cutting machines, and others. Machining centers segment dominated the market in 2020. On the basis of end user, the market is categorized into automotive, aerospace & defense, power & energy, and others. Automobile segment generated the highest revenue in 2020. Region wise, the global metalworking tool holder market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Asia-Pacific was the highest contributor to the global metalworking tool holder market share, and is anticipated to secure a leading position during the forecast period. Competition Analysis Key players profiled in this report include Sandvik AB, Guhring Inc, Kennametal Inc, Ceratizit S.A., Kyocera Unimerco Tooling A/S, Ingersoll Cutting Tool Company, Haimer GmbH, Schunk GmbH & Co KG, Collis Toolholder Corp, and BIG KAISER Precision Tooling Inc. Major players such as Kyocera Unimerco Tooling A/S and BIG KAISER Precision Tooling Inc adopt product launch and acquisition as key development strategy to improve the product portfolio. For instance, in June 2020, BIG KAISER Precision Tooling Inc launched HDC Jet hydraulic chucks for 5-axis machining. It has speed of 35,000 rpm, and having clamping capacity of ¼” to ½”. It is best suitable for automotive, aerospace, medical, and die mold industries. Full Report With TOC:-https://www.alliedmarketresearch.com/metalworking-tool-holder-market-A12520