What is the present valuation and projected CAGR of the special die and tool, die set, jig, and fixture market?
The special die and tool, die set, jig, and fixture market size has grown strongly in recent years. It will grow from $60 billion in 2024 to $64.27 billion in 2025 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to manufacturing industry growth, precision engineering, customization and prototyping, automotive and aerospace industries, quality and efficiency improvement.
The special die and tool, die set, jig, and fixture market size is expected to see strong growth in the next few years. It will grow to $82.11 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to advanced manufacturing technologies, customization and agile manufacturing, sustainability and eco-friendly production, automation and robotics integration, globalization of manufacturing. Major trends in the forecast period include 3D printing and additive manufacturing tooling, smart and IoT-enabled fixtures, lightweight and composite materials, modular and reconfigurable fixtures, and digital twin technology.
Get Your Free Sample of The Global Special Die And Tool, Die Set, Jig, And Fixture Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2905&type=smp
What key drivers have fueled the special die and tool, die set, jig, and fixture market’s development over the years?
Growing demand for automation in manufacturing processes is expected to propel the growth of the special die and tool, die set, jig, and fixture market going forward. Automation in manufacturing processes refers to the use of advanced technologies, machinery, and control systems to perform tasks, manage production, and control operations with minimal human intervention. In automated manufacturing, specialized dies, tools, and fixtures are integrated into production lines to streamline processes and enhance efficiency. For instance, in 2022, according to a report by Impact Networking, LLC, a US-based managed services provider offering business process automation, 43% of manufacturers have already integrated robotic process automation into their operations, and an additional 43% have intentions to implement robotic process automation (RPA initiatives. Further, 40% of manufacturers are presently utilizing IoT technology, with an additional 47% having plans to incorporate it in the near future. Therefore, growing demand for automation in manufacturing processes will drive special die and tool, die set, jig, and fixture market growth.
What is the segmentation for the special die and tool, die set, jig, and fixture market?
The special die and tool, die set, jig, and fixture market covered in this report is segmented –
1) By Type: Dies, Stamping And Other Tools, Jigs And Fixtures
2) By Capacity: Small, Medium, Large
3) By Application: Manufacturing, Automotive, Other Applications
Subsegments:
1) By Dies: Progressive Dies, Transfer Dies, Blanking Dies, Piercing Dies, Compound Dies, Forming Dies, Extrusion Dies, Others (Drawing Dies, Coining Dies)
2) By Stamping And Other Tools: Punches And Dies, Bending Tools, Notching Tools, Cutting Tools, Forming Tools, Other Stamping Tools
3) By Jigs And Fixtures: Welding Fixtures, Assembly Fixtures, Inspection Fixtures, Machining Jigs And Fixtures, Positioning Jigs, Drilling Jigs, Other Specialized Jigs And Fixtures
Order your report now for swift delivery
Who are the most influential companies in the special die and tool, die set, jig, and fixture market?
Major companies operating in the special die and tool, die set, jig, and fixture market include Toyota Tsusho, Carling Technologies Inc., Schuler AG, MISUMI Group Inc., Plastikon Industries Inc., Toyo Seikan Group Holdings Ltd., Toledo Molding & Die LLC, Roto-Die Company Inc., Ojim Inc., Griffiths Holding Corporation, Dayton Lamina Corporation, Penn United Technologies Inc., Oberg Industries LLC, C & A Tool Engineering Inc., Northern Engraving Corporation, G & H Diversified Mfg LP, Anchor Danly, DME Company LLC, Wilson Tool International Inc., Progressive Components International Corporation, Anchor Lamina America Inc., Carr Lane Manufacturing Co., Midway Grinding Inc., Bourn & Koch Inc., Dayton Progress Corporation, National Tool & Manufacturing Co., E&E Manufacturing Co. Inc., Hasco America Inc., Jergens Inc., Lempco Industries Inc., Meusburger US Inc.
How will evolving trends contribute to the growth of the special die and tool, die set, jig, and fixture market?
Major companies operating in the market are introducing innovative products such as the FDM Fixture Generator to enhance their product offerings. The FDM Fixture Generator automates the creation of 3D-printed jigs, fixtures, and masks, simplifying tasks on the factory floor. For instance, in September 2024, GibbsCAM, a California-based company specializing in computer-aided manufacturing (CAM) software for CNC machines, introduced GibbsCAM 2025. It is a new software release featuring AI enhancements. The GibbsCAM 2025 version emphasizes significant upgrades that integrate advanced turning technologies, empowering clients with AI capabilities and providing easy access to a wealth of manufacturing and tooling knowledge.
Which geographic trends are shaping the special die and tool, die set, jig, and fixture market, and which region has the highest market share?
Asia-Pacific was the largest region in the special die and tool, die set, jig, and fixture market in 2023. North America was the second largest region of special die and tool, die set, jig, and fixture market. The regions covered in the special die and tool, die set, jig, and fixture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Special Die And Tool, Die Set, Jig, And Fixture Market Report 2025 Offer?
The special die and tool, die set, jig, and fixture market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
The special die and tool, die set, jig, and fixture refer to devices, used to convert raw materials into a required shape in various manufacturing industries such as automobiles, metalworking, electronics, and plastics manufacturing. Dies, jigs, and other tools are generally used as an attachment to a machine.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2905
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
