| Product Code: ETC296604 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s machine bench vices import shipments in 2024 saw a notable increase in concentration, with China, USA, UK, Germany, and Japan emerging as the top exporting countries. The Herfindahl-Hirschman Index (HHI) indicated a shift from moderate to high concentration within a year. With a remarkable compound annual growth rate (CAGR) of 23.43% from 2020 to 2024 and a growth rate of 9.5% in 2023-24 alone, the market for machine bench vices in India is showing strong momentum and attracting significant imports from key global players.

The India machine bench vices market is poised for significant growth. Machine bench vices are essential tools used in workshops and metalworking facilities for securely holding workpieces during machining operations. The market is driven by the increasing adoption of machining processes in various industries, including manufacturing, automotive, and aerospace. As industries focus on precision and high-quality machining, the demand for reliable and robust machine bench vices is on the rise. Additionally, the growing number of DIY enthusiasts and home workshops is also contributing to the demand for machine bench vices in the domestic market. Manufacturers are offering a wide range of vices with different jaw widths, materials, and gripping capacities to cater to the specific requirements of machinists and industries.
The India machine bench vices market is witnessing steady growth as it finds applications in various industries, including manufacturing, metalworking, and woodworking. Key drivers for this market include the increasing demand for precision machining tools, the growth of small-scale manufacturing units, and the focus on enhancing workshop efficiency.
Despite the positive market outlook, the machine bench vices market in India faces challenges related to product quality and performance. Manufacturers need to ensure that bench vices offer high precision, durability, and stability for various machining tasks. Meeting customer expectations and establishing the reliability of their products will be crucial for market players to build a loyal customer base.
The India machine bench vices market faced challenges during the COVID-19 pandemic as industrial activities slowed down. With reduced demand from manufacturing and metalworking sectors, the market experienced a decline. However, the market also witnessed increased demand for bench vices used in essential industries like healthcare and infrastructure.
In the India machine bench vices market, several key players hold a significant market share, providing a range of vices and workholding devices for machining operations. International brands like Wilton Tools and Yost Vises are among the leading suppliers of machine bench vices in the India market. These companies offer high-precision vices with various jaw widths and materials for different machining needs. Additionally, domestic manufacturers like Deepak Fasteners Limited and Ambika Tools also play a significant role, providing cost-effective and locally manufactured machine bench vices for the India market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Machine Bench Vices Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Machine Bench Vices Market Revenues & Volume, 2021 & 2031F |
3.3 India Machine Bench Vices Market - Industry Life Cycle |
3.4 India Machine Bench Vices Market - Porter's Five Forces |
3.5 India Machine Bench Vices Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Machine Bench Vices Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 India Machine Bench Vices Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 India Machine Bench Vices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization in India leading to higher demand for machine bench vices |
4.2.2 Growth in the manufacturing sector driving the need for precision tools and equipment like machine bench vices |
4.2.3 Rising investments in infrastructure projects boosting the demand for machine bench vices |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials impacting the manufacturing cost of machine bench vices |
4.3.2 Intense competition among manufacturers leading to pricing pressures |
4.3.3 Economic fluctuations affecting the overall demand for industrial tools like machine bench vices |
5 India Machine Bench Vices Market Trends |
6 India Machine Bench Vices Market, By Types |
6.1 India Machine Bench Vices Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Machine Bench Vices Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Machine Bench Vices Market Revenues & Volume, By Hydraulic Machine Bench Vices, 2021-2031F |
6.1.4 India Machine Bench Vices Market Revenues & Volume, By Pneumatic Machine Bench Vices, 2021-2031F |
6.2 India Machine Bench Vices Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 India Machine Bench Vices Market Revenues & Volume, By Offline, 2021-2031F |
6.2.3 India Machine Bench Vices Market Revenues & Volume, By Online, 2021-2031F |
6.3 India Machine Bench Vices Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 India Machine Bench Vices Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.3 India Machine Bench Vices Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.3.4 India Machine Bench Vices Market Revenues & Volume, By Others, 2021-2031F |
7 India Machine Bench Vices Market Import-Export Trade Statistics |
7.1 India Machine Bench Vices Market Export to Major Countries |
7.2 India Machine Bench Vices Market Imports from Major Countries |
8 India Machine Bench Vices Market Key Performance Indicators |
8.1 Number of new infrastructure projects announced or initiated in India |
8.2 Manufacturing output index in India |
8.3 Industrial machinery import/export data for machine bench vices |
8.4 Adoption rate of advanced technology in the manufacturing sector in India |
8.5 Number of industrial tool exhibitions and trade shows in India. |
9 India Machine Bench Vices Market - Opportunity Assessment |
9.1 India Machine Bench Vices Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Machine Bench Vices Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 India Machine Bench Vices Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 India Machine Bench Vices Market - Competitive Landscape |
10.1 India Machine Bench Vices Market Revenue Share, By Companies, 2024 |
10.2 India Machine Bench Vices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |