Mandrel Collectors Market
The market for Mandrel Collectors was estimated at $540 million in 2024; it is anticipated to increase to $801 million by 2030, with projections indicating growth to around $1.11 billion by 2035.
Global Mandrel Collectors Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Mandrel Collectors industry revenue is expected to be around $576.5 million in 2025 and expected to showcase growth with 6.8% CAGR between 2025 and 2034. The increasing value of the Mandrel Collectors market shows how important they are in today's industries. This growth is mainly driven by the trend of automation and precision in manufacturing processes where Mandrel Collectorsre crucial. Their role in providing process control and boosting productivity maintains a strong demand, for them across various industries.
Mandrel Collectors are tools crafted for securely gripping and holding workpieces with precision to maintain accuracy across different tasks effectively and reliably. These tools play a role in machining processes by enabling optimal tool clearance and contributing significantly to the overall quality of the final products. They find use in diverse industries, like automotive, aerospace and manufacturing sectors.
Market Key Insights
- The Mandrel Collectors market is projected to grow from $539.8 million in 2024 to $1.04 billion in 2034. This represents a CAGR of 6.8%, reflecting rising demand across Automotive, Aerospace and Mechanical Engineering Industry.
- ABB Ltd, Bosch Rexroth AG, Eaton Corporation PLC are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Mandrel Collectors market and are expected to observe the growth CAGR of 4.4% to 6.5% between 2024 and 2030.
- Emerging markets including Brazil, Malaysia and South Africa are expected to observe highest growth with CAGR ranging between 7.8% to 9.4%.
- Transition like Technological Advancements has greater influence in U.S. and Germany market's value chain; and is expected to add $31 million of additional value to Mandrel Collectors industry revenue by 2030.
- The Mandrel Collectors market is set to add $502 million between 2024 and 2034, with manufacturer targeting Automobile & Manufacturing Application projected to gain a larger market share.
- With Upsurge in industrial automation, and Advancements in material science, Mandrel Collectors market to expand 93% between 2024 and 2034.