Machine Tool Market in India 2012-2016
- ID: 2386320
- December 2012
- Region: India
- 45 pages
TechNavio's analysts forecast the Machine Tool market in India to grow at a CAGR of 14.95 percent over the period 2012-2016. One of the key factors contributing to this market growth is the upsurge in the Indian auto ancillary industry. The Machine Tool market in India has also been witnessing the increased adoption of retrofitted machines. However, the threat of recession in the Indian market could pose a challenge to the growth of this market.
TechNavio's report, the Machine Tool Market in India 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on India; it also covers the 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.
The key vendors dominating this market space are Gildemeister AG - Mori Seiki, Makino Milling Machine Co Ltd., and Yamazaki Mazak Corp.
The other vendors mentioned in the report are Okuma Corp., GF Agie Charmilles, Kitamura Machinery, Toyoda, Femco Machine Co LLC, Jyothi, Leadwell Machine Tools, ACE Micromatic Group, Lakshmi Machine Works Ltd, Bharat Fritz Werner Ltd, Batliboi Group, TAL Manufacturing Solution Ltd, Lokesh Machine Tools ltd, HMT Machine Tools ltd, Doosan, and Hass Automation Inc.
Key questions answered in this report:
What will the market size be in 2016 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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TechNavio's research portfolio in the Engineering series includes reports on the CAM Market, GIS Market, CAD Market, Construction Equipment Market, MES Market, PLM Market, CAE Market, FEA Market, PDM Market, AEC Software Market
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01. Executive Summary
03. Market Coverage
04. Market Landscape
04.1 Market Size and Forecast
04.2 End-user Segmentation
04.3 Five Forces Analysis
05. Geographical Segmentation
06. Vendor Landscape
07. Buying Criteria
08. Market Growth Drivers
09. Drivers and their Impact
10. Market Challenges
11. Impact of Drivers and Challenges
12. Market Trends
13. Key Vendor Analysis
13.1 Gildemeister AG-Mori Seiki
13.2 Yamazaki Mazak Corp.
13.3 Makino Milling Machine Co. Ltd.
14. Other Reports in this Series
List of Exhibits:
Exhibit 1: Machine Tool Market in India 2012-2016 (US$ million)
Exhibit 2: Machine Tool Market in India by Types of Machine Tool 2012
Exhibit 3: Machine Tool Market in India by Operation of Machine Tool 2012
Exhibit 4: Metal Cutting Machine by CNC and Conventional Split 2012
Exhibit 5: Metal Forming Machine by CNC and Conventional Split 2012
Exhibit 6: Machine Tool Market in India by End-user Segmentation 2012
Exhibit 7: Machine Tool Market in India by Geographical Segmentation 2012
Exhibit 8: Auto Component Market in India 2011-2015 (US$ billion)
TechNavio Announces the Publication of its Research Report - Machine Tool Market in India 2012-2016
TechNavio today launched its report, Machine Tool Market in India 2012-2016, based on an in-depth analysis focusing exclusively on India. The report aims to aid decision makers' understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio's Engineering team said: ''The increase in globalization and the consequent opportunities have paved the way for the emergence of low-cost manufacturing companies across the country. International players are investing in industries in developing countries such as India. The effective deployment of machine tools among small-scale industrial units enables them to deliver good-quality products in minimal time. However, despite the advantages obtained by the adoption of high-quality machine tools, the high cost of these machines hinders their adoption among companies in the MSME sector. For this reason, some organizations now prefer retrofitted machines. Retrofitting the legacy conventional machines such as machining centers, turning centers, and grinding machines with CNC controllers reduces the overall cost of investment. Thus, organizations across the country are adopting retrofitted grinding machines in order to tap the cost advantage.''
According to the report, one of the main drivers is the increasing need for products with enhanced dimensional accuracy. Therefore, to develop superior-quality products, machine tools are deployed across a range of industries in the country.
Further, the report reveals that one of the main challenges in this market is the increasing need for huge investment.
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 vendors.
Gildemeister AG - Mori Seiki, Makino Milling Machine, Yamazaki Mazak, Okuma, GF Agie Charmilles, Kitamura Machinery, Toyoda, Femco Machine, Jyothi, Leadwell Machine Tools, ACE Micromatic Group, Lakshmi Machine Works, Bharat Fritz Werner, Batliboi Group, TAL Manufacturing Solution, Lokesh Machine Tools, HMT Machine Tools, Doosan, Hass Automation