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Global Machine Tool Market 2011-2015
Infiniti Research Limited, March 2012, Pages: 41
TechNavio’s analysts forecast the Global Machine Tool market to grow at a CAGR of 4 percent over the period 2011–2015. One of the key factors contributing to this market growth is the need for precision machined products. The Global Machine Tool market has also been witnessing increased competition forcing reduction in product cost. However, higher costs of machine tools decrease the adoption rate which could pose a challenge to the growth of this market.
TechNavio’s report, the Global Machine Tool Market 2011–2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Machine Tool market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Gildemeister AG, Dalian Machine Tool Group Corp., Shenyang Machine Tools Co Ltd., and Mag Machine & Tool LLC.
Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
01. Executive Summary
03. Market Coverage
04. Market Landscape
05. Geographical Segmentation
06. Key Leading Countries
07. Vendor Landscape
08. Buying Criteria
09. Market Growth Drivers
10. Drivers and their Impact
11. Market Challenges
12. Impact of Drivers and Challenges
13. Market Trends
14. Key Vendor Analysis
14.1 Gildemeister AG
14.2 Dalian Machine Tool Group Corp.
14.3 Shenyang Machine Tools Co. Ltd.
14.4 Mag Machine & Tool LLC
15. Other Reports in this Series
List of Exhibits:
Exhibit 1: Global Machine Tool Market 2011–2015 (US$ billion)
Exhibit 2: Global Machine Tool Market by Product Segmentation 2011
Exhibit 3: Global Machine Tool Market by End-User Segmentation 2011
Exhibit 4: Global Machine Tool Market by Geographical Segmentation 2011
Exhibit 5: Global Machine Tool Market by Geographical Segmentation 2015
Exhibit 6: Machine Tools Production Outlook across Geographies 2011
Exhibit 7: Machine Tools Consumption Outlook across Geographies 2011
Exhibit 8: Global Machine Tool Market: Metal Cutting Segment by Vendor Segmentation 2011
TechNavio Announces the Publication of its Report – Global Machine Tool Market 2011–2015
TechNavio today launched its report Global Machine Tool Market 2011–2015 based on an in-depth study. The report aims to aid decision makers’ understanding of the key trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Engineering Services team said, “There has been a rapid increase in competition among the machine tool vendors in the past few years. This increase in competition leads to a decrease in the overall price of machine tools. Consequently, there is an increase in the price wars among the players in the market. Moreover, with the advancement of technology, the cost of development of machine tools is going down. This is also because of the large variety of vendors and their varying pricing strategies aimed at capturing significant shares in the market. Further, the vendors are focusing on the development of economically priced products in an attempt to tap the MSME sector.”
According to the report, as a result of globalization, there is an increase in competition throughout the world to manufacture high-quality products. Machine tools such as HMCs and VMCs are widely adopted by companies across industries to improve their product quality and accuracy.
Further, the report also discusses that machine tool vendors face increased competition in the market as a result of lack of effective product differentiation.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
- Gildemeister AG
- Dalian Machine Tool Group Corp.
- Shenyang Machine Tools Co. Ltd.
- Mag Machine & Tool LLC