PUNE, India, January 12, 2018 /PRNewswire/ —
Tool Holders Market report provides leading vendors in the Market is included based on profile, business performance, sales, etc. Vendors mentioned as key players in the global tool holders market: BIG KAISER Precision Tooling, CERATIZIT, Guhring, Kennametal, and Sandvik Coromant. Other Prominent Vendors in the market are: LMT Onsrud, KYOCERA UNIMERCO, Ingersoll Cutting Tools, SECO, and GDP | GUHDO. The analysts forecast global tool holders market to grow at a CAGR of 5.61% during the period 2018-2022.
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One trend in the Tool Holders market use of loT for condition-based monitoring of tool holders. The idea of connected factory has evolved in the past few years. Connected factory utilizes the power of the web to link humans with various components like machines, computers, and sensors to allow better collection, processing, and analysis of information. The connected components mentioned above provide enhanced precision, and can translate the collected data into useful insights. Internet of things or loT holds no relevance without machine learning and intelligence. The concept of loT is not only limited to the collection of data but also focuses on obtaining value from the acquired data.
According to the Tool Holders market report, one driver in the market is growing commercial aircraft leasing market. Commercial aircraft leasing is seeing a considerable growth in the past years. Airline companies are leasing aircraft from other airline companies or leasing companies to increase their capacity temporarily and to operate without the financial burden of buying an aircraft. There are two main types of leasing in the airline industry: dry leasing and wet leasing. Wet leasing is used for short-term leasing, whereas dry leasing is used for longer-term leasing. Aircraft leasing offers benefits of reduced CAPEX, reduced maintenance costs, financial liquidity, and the ability to respond to market conditions through fleet expansion.
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This report, Global Tool Holders Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. This report covers