Dublin, April 06, 2021 (GLOBE NEWSWIRE) — The “Special Die and Tool, Die Set, Jig, and Fixture Global Market Report 2021: COVID-19 Impact and Recovery to 2030” report has been added to ResearchAndMarkets.com’s offering. This report provides strategists, marketers and senior management with the critical information they need to assess the global special die and tool, die set, jig, and fixture market as it emerges from the COVID-19 shut down. The global special die and tool, die set, jig, and fixture market is expected to grow from $66. 49 billion in 2020 to $70. 61 billion in 2021 at a compound annual growth rate (CAGR) of 6. 2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $95. 63 billion in 2025 at a CAGR of 8%.Reasons to Purchase Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.Create regional and country strategies on the basis of local data and analysis.Identify growth segments for investment.Outperform competitors using forecast data and the drivers and trends shaping the market.Understand customers based on the latest market research findings.Benchmark performance against key competitors.Utilize the relationships between key data sets for superior strategizing.Suitable for supporting your internal and external presentations with reliable high quality data and analysis Where is the largest and fastest growing market for special die and tool, die set, jig, and fixture? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Special Die and Tool, Die Set, Jig, and Fixture market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider special die and tool, die set, jig, and fixture market, and compares it with other markets. The market characteristics section of the report defines and explains the market.The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.Market segmentations break down market into sub markets.The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.The special die and tool, die set, jig, and fixture market section of the report gives context. It compares the special die and tool, die set, jig, and fixture market with other segments of the metalworking machinery market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, special die and tool, die set, jig, and fixture indicators comparison. Major companies in the special die and tool, die set, jig, and fixture market include Kennametal, Inc. ; MISUMI Group Inc. ; Roto-Die Company, Inc. ; ALLMATIC-Jakob Spannsysteme GmbH and Midway Rotary Die Solutions. Asia Pacific was the largest region in the global special die and tool, die set, jig, and fixture market, accounting for 51% of the market in 2020. North America was the second largest region accounting for 21% of the global special die and tool, die set, jig, and fixture market. Africa was the smallest region in the global special die and tool, die set, jig, and fixture market. Special die and tool, die Set, jig, and fixture manufacturers are using advanced 6-axis CNC milling machines to efficiently fabricate complex components. CNC milling is a specific type of computer numerical controlled (CNC) machining. This involves the use of computers to control machine tools like lathes, mills, routers and grinders. The 6-axis CNC machine converts a raw metal bar into the final product by turning from both the ends of the fixture. This offers high quality products while minimizing errors. CNC milling helps in short-run production of complex parts and fabrication of unique precision components. Major companies manufacturing 6-axis CNC milling are Yamazaki Mazak, DMG MORI, ERLO, Giben International, Haas Automation, Knuth Machine Tools, IMSA. The outbreak of Coronavirus disease (COVID-19) has acted as a massive restraint on the special die and tool, die set, jig, and fixture manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and manufacturing activity declined due to lockdowns imposed by governments globally. COVID 19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Machinery manufacturers depend heavily on supply of raw materials, parts and components from different countries across the globe. As many governments restricted the movement of goods across countries, manufacturers had to halt production due to lack of raw materials and components. The outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the special die and tool, die set, jig, and fixture manufacturing market will recover from the shock across the forecast period as it is a ‘black swan’ event and not related to ongoing or fundamental weaknesses in the market or the global economy. Rapid advances in technology is expected to drive innovation in special die and tool, die set, jig, and fixture manufacturing, thus driving the market during the forecast period. Furthermore, technologies such as 3D printing, artificial intelligence and big data analytics are being used in manufacturing thus resulting in higher productivity, lower operating costs and higher margins. For instance, according to a global survey by The Economist Intelligence Unit, about 90% of corporate executives felt that artificial intelligence (AI) will have a positive impact on company’s growth and 86% of respondents considered that AI will help improve productivity. Lower operating costs lead to higher margins, this allows companies to increase product portfolio and to enter new markets by making investments made through cost savings. IoT applications are also being integrated into these devices to enable services such as remote monitoring, central feedback systems and to offer other services. Mobile applications, advanced sensors and embedded software also created new opportunities for companies in this market. These factors are expected to drive the special die and tool, die set, jig, and fixture manufacturing market during the forecast period.Key Topics Covered: 1. Executive Summary 2. Report Structure 3. Special Die and Tool, Die Set, Jig, and Fixture Market Characteristics 3.1. Market Definition 3.2. Key Segmentations 4. Special Die and Tool, Die Set, Jig, and Fixture Market Product Analysis 4.1. Leading Products/ Services 4.2. Key Features and Differentiators 4.3. Development Products 5. Special Die and Tool, Die Set, Jig, and Fixture Market Supply Chain 5.1. Supply Chain 5.2. Distribution 5.3. End Customers 6. Special Die and Tool, Die Set, Jig, and Fixture Market Customer Information 6.1. Customer Preferences 6.2. End Use Market Size and Growth 7. Special Die and Tool, Die Set, Jig, and Fixture Market Trends and Strategies 8. Impact of COVID-19 on Special Die and Tool, Die Set, Jig, and Fixture 9. Special Die and Tool, Die Set, Jig, and Fixture Market Size and Growth 9.1. Market Size 9.2. Historic Market Growth, Value ($ Billion) 9.3. Forecast Market Growth, Value ($ Billion) 10. Special Die and Tool, Die Set, Jig, and Fixture Market Regional Analysis 10.1. Global Special Die and Tool, Die Set, Jig, and Fixture Market, 2020, by Region, Value ($ Billion) 10.2. Global Special Die and Tool, Die Set, Jig, and Fixture Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region 10.3. Global Special Die and Tool, Die Set, Jig, and Fixture Market, Growth and Market Share Comparison, by Region 11. Special Die and Tool, Die Set, Jig, and Fixture Market Segmentation11.1. Global Special Die and Tool, Die Set, Jig, and Fixture Market, Segmentation by Type11.2. Global Special Die and Tool, Die Set, Jig, and Fixture Market, Segmentation by Application 12. Special Die and Tool, Die Set, Jig, and Fixture Market Metrics 12.1. Special Die and Tool, Die Set, Jig, and Fixture Market Size, Percentage of GDP, 2015-2025, Global 12.2. Per Capita Average Special Die and Tool, Die Set, Jig, and Fixture Market Expenditure, 2015-2025, Global 13. Asia-Pacific Special Die and Tool, Die Set, Jig, and Fixture Market 14. Western Europe Special Die and Tool, Die Set, Jig, and Fixture Market 15. Eastern Europe Special Die and Tool, Die Set, Jig, and Fixture Market 16. North America Special Die and Tool, Die Set, Jig, and Fixture Market 17. South America Special Die and Tool, Die Set, Jig, and Fixture Market 18. Middle East Special Die and Tool, Die Set, Jig, and Fixture Market 19. Africa Special Die and Tool, Die Set, Jig, and Fixture Market 20. Special Die and Tool, Die Set, Jig, and Fixture Market Competitive Landscape 20.1. Competitive Market Overview 20.2. Market Shares 20.3. Company Profiles 20.3.1. Kennametal, Inc. 20.3.1.1. Company Overview 20.3.1.2. Products and Services 20.3.1.3. Strategy 20.3.1.4. Financial Performance 20.3.2. MISUMI Group Inc. 20.3.2.1. Company Overview 20.3.2.2. Products and Services 20.3.2.3. Strategy 20.3.2.4. Financial Performance 20.3.3. Roto-Die Company, Inc. 20.3.3.1. Company Overview 20.3.3.2. Products and Services 20.3.3.3. Strategy 20.3.3.4. Financial Performance 20.3.4. ALLMATIC-Jakob Spannsysteme GmbH 20.3.4.1. Company Overview 20.3.4.2. Products and Services 20.3.4.3. Strategy 20.3.4.4. Financial Performance 20.3.5. Midway Rotary Die Solutions 20.3.5.1. Company Overview 20.3.5.2. Products and Services 20.3.5.3. Strategy 20.3.5.4. Financial Performance 21. Key Mergers and Acquisitions in the Special Die and Tool, Die Set, Jig, and Fixture Market 22. Market Background: Metalworking Machinery Manufacturing Market 23. Recommendations 24. Appendix 25. Copyright and Disclaimer For more information about this report visit https://www.researchandmarkets.com/r/sn41n2 CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Americans and Canadians are cousins that is true. Allies today but long ago people were at loggerheads mostly because of the British Empire and American ambitions.
Canadians appreciate our cousins down south enough to visit them many millions of times over the year. America is Canada’s largest and most important trading partner. As a manufacturer, I can attest to this personally. My American clients have allowed our firm to grow and prosper over the past few decades. There is a problem we have been seeing, a problem where nationalism, both political and economic has been creating a roadblock to our trade relationship.
Both Democrats and Republicans have shown a willingness to play the “buy only American Made product” card, a sounding board for all things isolationist, nationalistic and small-mindedness. We all live on this small planet, and purchase items made from all over the world. Preferences as to what to buy and where it is made are personal choices, never should they become a platform of national pride and thuggery. This has brought fear into the hearts of many Canadians who manufacture for and service the American Economy in some way. This fear will be apparent when the election is over next week.
Canadians are not enemies of America, but allies and friends with a long tradition of supporting our cousins back when bad sh*t happens. We have had enough of the American claim that they want free trade, only to realize that they do so long as it is to their benefit. Tariffs, and undue regulations applied to exporters into America are applied, yet American industry complains when other nations do the very same to them. Seriously! Democrats have said they would place a preference upon doing business with American firms before foreign ones, and Republicans wish to tariff many foreign nations into oblivion. Rhetoric perhaps, but we need to take these threats seriously. As to you the repercussions that will come should America close its doors to us.
Tit for tat neighbors. Tariff for tariff, true selfish competition with no fear of the American Giant. Do you want to build homes in America? Over 33% of all wood comes from Canada. Tit for tat. Canada’s mineral wealth can be sold to others and place preference upon the highest bidder always. You know who will win there don’t you America, the deep-pocketed Chinese.
Reshaping our alliances with others. If America responds as has been threatened, Canadians will find ways to entertain themselves elsewhere. Imagine no Canadian dollars flowing into the Northern States, Florida or California? The Big Apple without its friendly Maple Syrup dip. Canadians will realize just how significant their spending is to America and use it to our benefit, not theirs.
Clearly we will know if you prefer Canadian friendship to Donald Trumps Bravado.
China, Saudi Arabia & Russia are not your friends in America. Canada, Japan, Taiwan the EU and many other nations most definitely are. Stop playing politics, and carry out business in an unethical fashion. Treat allies as they should be treated.
HALIFAX – Nova Scotia’s temporary rent cap and a loophole that allows landlords to avoid it were the targets of the provincial New Democrats on Thursday, as they promised to protect tenants from evictions and excessive hikes if elected Nov. 26.
An NDP government would ban fixed-term leases, establish rent control, and immediately slash the province’s temporary rent cap in half to 2.5 per cent, leader Claudia Chender said on the fifth day of the provincial election campaign.
“For too many people, the cost of rent is driving people out of the communities they love,” she said. “These protections will save renters money, keep our communities affordable, and most importantly help people plan their futures.”
Chender criticized the Progressive Conservative government’s record on housing, saying the average one-bedroom apartment in the province costs $2,000 a month, while rent overall has increased by 18 per cent in the last year.
The government’s decision to extend the temporary cap on rent increases to the end of 2027 is insufficient, she said, because landlords can use fixed-term leases to jack up the rent higher.
A fixed-term lease does not automatically renew when its term ends, after which landlords can raise the rent as much as they want if they rent to someone new. Critics of fixed-term leases say they encourage landlords to evict tenants in order to raise the rent past the cap.
Though there’s no way to know exactly how many renters in Nova Scotia are on fixed-term leases — that type of residency data is not tracked — Chender told reporters that at every door her party has knocked on, residents have cited anxiety over affording and keeping a place to live.
Meanwhile, a separate affordability issue was the focus of Liberal Leader Zach Churchill on Thursday, as he announced his party would cut provincial income taxes by raising the basic personal exemption amount to $15,705 — at a cost to the government of $348 million.
Churchill said something has to be done to reduce taxes in the province, which he said are among the highest in Canada at a time when people are struggling with the cost of living.
“We know that over the last three years Nova Scotia has gone from being one of the most affordable places to live in our country to one of the most expensive,” he said. “This has created a real affordability crisis for seniors, for families and for young people.”
The existing exemption is $8,744, and for people making less than $25,000 a year, the province gives an “adjustment,” which increases the basic personal amount by $3,000; the adjustment decreases gradually and ends for people earning more than $75,000.
Churchill said a Liberal government would double the adjustment for people who earn less than $75,000, at a cost of $55 million per year.
The Liberal leader said his party will respect its promise to cut income taxes — and respect its pledge made in February to cut the harmonized sales tax by two points — even if doing so will lead to a “short-term” budget deficit.
Earlier this week, the Progressive Conservatives pledged a tax cut that would increase the basic personal exemption to $11,744, while just prior to the election call the party promised a one percentage point cut to the HST — commitments Churchill characterized as “half measures.”
In an interview Thursday, Tory Leader Tim Houston scoffed at his opponent’s suggestion.
“We are putting a plan forward that is reasonable that we can do while maintaining a level of services,” Houston said. “Mr. Churchill can just say whatever he wants, I have to be reasonable.”
Houston travelled to Sydney, N.S., on Thursday where he announced his party would establish a provincially run travel nurse team to help areas with nursing shortages.
Houston said the team would eliminate the need to hire travel nurses from private companies, and would be composed of Nova Scotia Health employees who will have access to the same pay and benefits as other nurses in the public system.
The program would begin as a pilot project by the end of the year, involving a 30-member team of nurses who would staff hospital emergency departments at an estimated cost of $5.3 million.
“We have to be smart and systematic as we roll it out,” Houston said. “There will probably be some learning and we will take that and if we need to modify it (the program) we will.”
At dissolution, the Progressive Conservatives held 34 seats in the 55-seat legislature, the Liberals held 14 seats, the NDP had six and there was one Independent.
This report by The Canadian Press was first published Oct. 31, 2024.
OTTAWA – The Liberal caucus turned its attention to the party’s plan for the next election on Wednesday, after an unsuccessful attempt by some MPs to oust Prime Minister Justin Trudeau last week.
Longtime Liberal operative Andrew Bevan was named the new national campaign director two weeks ago and made his first presentation to the full caucus during the weekly meeting.
The next election must be held by Oct. 20, 2025, but it could come much sooner. The Conservatives and Bloc Québécois have pledged to try to bring down the minority government this fall.
NDP Leader Jagmeet Singh said Wednesday that his party wouldn’t help them topple the Liberals. The Conservatives and Bloc don’t have enough MPs between them to defeat the government if the Liberals and NDP vote together.
The presentation was initially scheduled to happen last Wednesday, but that nearly three-hour meeting was instead dominated by discussions of Trudeau’s leadership.
Toronto-area MP Nate Erskine-Smith said the party’s leadership was not the focus of caucus this week, and the priority was hearing from Bevan.
“It was very much focused on: these are the next steps from a party perspective, and people were able to weigh in with their own feedback as far as it goes,” Erskine-Smith said following the meeting.
“That question from last week to what’s the finality, that wasn’t part of it.”
MPs were not able to share specific details of what was discussed in the meeting due to caucus confidentiality.
At last week’s meeting, a group of around two dozen MPs presented a letter to Trudeau calling on him to step aside. The dissenters gave him until Monday to make a decision — but he made it clear he plans to lead the party in the next election.
Several MPs have since said they want to hold a secret ballot vote to decide on whether Trudeau should stay on as leader. However, the Liberal party chose after the last election not to use Reform Act rules that would have allowed a caucus to hold a secret vote to oust the leader.
British Columbia MP Patrick Weiler said he thinks the leadership concerns are not over.
“I think we had a very good meeting last week, and I think there are a lot of unresolved questions from that, that still need to be addressed,” Weiler said while heading to question period on Wednesday.
“I think there are a lot of people that are still looking for some answers to those things and until that’s addressed, that’s going to be lingering.”
But several other MPs and cabinet ministers said they feel the matter is resolved and it’s time to move on to planning for the next campaign.
Judy Sgro, a veteran Ontario MP of nearly 25 years, said even though the Liberals are trailing the Conservatives in the polls, she believes they can pull off a victory.
“I’ve been through five leaders, this is my fifth leader. Most of the time they’re unpopular, but we still manage to win,” she said.
Erskine-Smith said the “overwhelming focus” for now is on what comes next, but he could see leadership troubles come up again depending on the results of two upcoming votes.
Byelections are pending in former Liberal ridings on both coasts: a vote must happen in Cloverdale—Langley City by Jan. 13 and in Halifax by April 14.
This report by The Canadian Press was first published Oct. 30, 2024.
