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Machine Shop Services in the US
IBISWorld, April 2009, Pages: 37
This industry comprises establishments known as machine shops primarily engaged in machining metal parts on a job or order basis. Generally machine shop jobs are low volume using machine tools, such as lathes (including computer numerically controlled), automatic screw machines and machines for boring, grinding, and milling. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Introduction
Mature mechanism
There is wholehearted market acceptance and market saturation of the products and services provided by this industry. Moderate downstream demand is anticipated to support sales growth for this mature industry in the future. An expected skills shortage is forecast to fuel attempts by some players to reduce employment numbers which is estimated to be somewhat ineffective.
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