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Drilling Machine Market Overview:
The global drilling machine market was valued at $16.54 Billion in 2017, and is expected to reach $28.76 Billion by 2025, growing at a CAGR of 7.1% from 2018 to 2025. Drilling machines are used to originate through or blind straight cylindrical holes in solid rigid bodies or enlarge existing holes. These machines in its varied capacities are capable of drilling holes of varied length and diameter ranging from 1mm to 40mm or even deeper. The machines are also classified depending upon the softness and hardness of the material required to be drilled. Drilling or milling machines are mounted with drilling bits with high revolutions per minute (RPM) to facilitate the drilling of precise holes in the metal.
Drilling machines act as a reliable means to carry drilling operations on thick metal equipment. These machines can drill the off-center center, and other locations of the machine with higher accuracy. These machines are also available based on their processing type, which includes gun drilling machine, BTA drilling machine, ejector drilling machine, counter boring machine, pull boring machine, trepanning machine, skiving and roller burnishing machine, bottom forming machine, bottle boring machine, and reaming machine. However, fluctuating raw material price and repair & maintenance cost of drilling machine is a challenge that affects the market growth.
The global drilling machine market is segmented based on type, industry application, and region. Based on type, the market is categorized into sensitive drilling machine, upright drilling machine, radial drilling machine, gang drilling machine, multiple spindle drilling machine, deep hole drilling machine, and others. The deep hole drilling machine segment is anticipated to dominate the market throughout the study period. Based on industry application, the market is categorized into aerospace, heavy equipment, automotive, energy industry, military & defense, oil & gas, and others.
The global drilling machine market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, and Rest of Europe), Asia-Pacific (China, India, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, and the Middle East, and Africa). Asia-Pacific is expected to dominate the market throughout the forecast period.
The key players profiled in this report include DATRON AG, DMG MORI, Dalian Machine Tool Group Corporation, SMTCL, Ernst Lenz Maschinenbau, Fehlmann AG, Cameron Micro Drill Presses, Gate Machinery International, Hsin Geeli Hardware Enterprise, and Alpen-Maykestag GmbH.
Key Benefits for Drilling Machine Market:
The study provides an in-depth analysis of the global drilling machine market, and current & future trends to elucidate the imminent investment pockets.
Information about the key drivers, restraints, and opportunities and their impact on the market is provided.
Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the market from 2017 to 2025 is provided to determine the market potential.
Drilling Machine Key Market Segments:
By Type
Sensitive Drilling Machine
Upright Drilling Machine
Radial Drilling Machine
Gang Drilling Machine
Multiple Spindle Drilling Machine
Deep Hole Drilling Machine
Others
By Application Industry
Aerospace
Heavy Equipment
Automotive
Energy Industry
Military & Defense
Oil & Gas
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Rest of Europe
Asia-Pacific
China
India
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players Profiled in the Report
DATRON AG
DMG MORI
Dalian Machine Tool Group Corporation SMTCL
Ernst Lenz Maschinenbau
Fehlmann AG
Cameron Micro Drill Presses
Gate Machinery International
Hsin Geeli Hardware Enterprise
Alpen-Maykestag GmbH
The global drilling machine market was valued at $16.54 Billion in 2017, and is expected to reach $28.76 Billion by 2025, growing at a CAGR of 7.1% from 2018 to 2025. Drilling machines are used to originate through or blind straight cylindrical holes in solid rigid bodies or enlarge existing holes. These machines in its varied capacities are capable of drilling holes of varied length and diameter ranging from 1mm to 40mm or even deeper. The machines are also classified depending upon the softness and hardness of the material required to be drilled. Drilling or milling machines are mounted with drilling bits with high revolutions per minute (RPM) to facilitate the drilling of precise holes in the metal.
Drilling machines act as a reliable means to carry drilling operations on thick metal equipment. These machines can drill the off-center center, and other locations of the machine with higher accuracy. These machines are also available based on their processing type, which includes gun drilling machine, BTA drilling machine, ejector drilling machine, counter boring machine, pull boring machine, trepanning machine, skiving and roller burnishing machine, bottom forming machine, bottle boring machine, and reaming machine. However, fluctuating raw material price and repair & maintenance cost of drilling machine is a challenge that affects the market growth.
The global drilling machine market is segmented based on type, industry application, and region. Based on type, the market is categorized into sensitive drilling machine, upright drilling machine, radial drilling machine, gang drilling machine, multiple spindle drilling machine, deep hole drilling machine, and others. The deep hole drilling machine segment is anticipated to dominate the market throughout the study period. Based on industry application, the market is categorized into aerospace, heavy equipment, automotive, energy industry, military & defense, oil & gas, and others.
The global drilling machine market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, and Rest of Europe), Asia-Pacific (China, India, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, and the Middle East, and Africa). Asia-Pacific is expected to dominate the market throughout the forecast period.
The key players profiled in this report include DATRON AG, DMG MORI, Dalian Machine Tool Group Corporation, SMTCL, Ernst Lenz Maschinenbau, Fehlmann AG, Cameron Micro Drill Presses, Gate Machinery International, Hsin Geeli Hardware Enterprise, and Alpen-Maykestag GmbH.
Key Benefits for Drilling Machine Market:
The study provides an in-depth analysis of the global drilling machine market, and current & future trends to elucidate the imminent investment pockets.
Information about the key drivers, restraints, and opportunities and their impact on the market is provided.
Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the market from 2017 to 2025 is provided to determine the market potential.
Drilling Machine Key Market Segments:
By Type
Sensitive Drilling Machine
Upright Drilling Machine
Radial Drilling Machine
Gang Drilling Machine
Multiple Spindle Drilling Machine
Deep Hole Drilling Machine
Others
By Application Industry
Aerospace
Heavy Equipment
Automotive
Energy Industry
Military & Defense
Oil & Gas
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Rest of Europe
Asia-Pacific
China
India
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players Profiled in the Report
DATRON AG
DMG MORI
Dalian Machine Tool Group Corporation SMTCL
Ernst Lenz Maschinenbau
Fehlmann AG
Cameron Micro Drill Presses
Gate Machinery International
Hsin Geeli Hardware Enterprise
Alpen-Maykestag GmbH
Note: Product cover images may vary from those shown
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CHAPTER 1: INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.3. PORTERS FIVE FORCES ANALYSIS
3.4. MARKET SHARE ANALYSIS (2017)
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.1.1. Augmented demand of fabricated metal products
3.5.1.2. Booming demand for heavy equipment
3.5.1.3. Large-scale industrial automation
3.5.2. Restraint
3.5.2.1. Slowdown in European machine tools manufacturing
3.5.2.2. Fluctuating Raw material prices
3.5.3. Opportunities
3.5.3.1. Advancement in manufacturing machinearies
3.5.3.2. Government initiatives providing impetus to machine tools industry
CHAPTER 4: DRILLING MACHINE MARKET, BY TYPE
4.1. OVERVIEW
4.2. SENSITIVE DRILLING MACHINE
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country
4.3. UPRIGHT DRILLING MACHINE
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country
4.4. RADIAL DRILLING MACHINE
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis by country
4.5. GANG DRILLING MACHINE
4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis by country
4.6. MULTIPLE SPINDLE DRILLING MACHINE
4.6.1. Key market trends, growth factors, and opportunities
4.6.2. Market size and forecast, by region
4.6.3. Market analysis by country
4.7. DEEP HOLE DRILLING MACHINE
4.7.1. Key market trends, growth factors, and opportunities
4.7.2. Market size and forecast, by region
4.7.3. Market analysis by country
4.8. OTHERS
4.8.1. Key market trends, growth factors, and opportunities
4.8.2. Market size and forecast, by region
4.8.3. Market analysis by country
CHAPTER 5: DRILLING MACHINE MARKET, BY INDUSTRY APPLICATION
5.1. OVERVIEW
5.2. AEROSPACE
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country
5.3. HEAVY EQUIPMENT
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country
5.4. AUTOMOTIVE
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country
5.5. ENERGY INDUSTRY
5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis by country
5.6. MILITARY AND DEFENSE
5.6.1. Key market trends, growth factors, and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market analysis by country
5.7. OIL AND GAS
5.7.1. Key market trends, growth factors, and opportunities
5.7.2. Market size and forecast, by region
5.7.3. Market analysis by country
5.8. OTHERS
5.8.1. Key market trends, growth factors, and opportunities
5.8.2. Market size and forecast, by region
5.8.3. Market analysis by country
CHAPTER 6: DRILLING MACHINE MARKET, BY REGION
6.1. OVERVIEW
6.2. NORTH AMERICA
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by type
6.2.3. Market size and forecast, by industry application
6.2.4.1. U.S.
6.2.4.1.1. Market size and forecast, by type
6.2.4.1.2. Market size and forecast, by industry application
6.2.4.2. Canada
6.2.4.2.1. Market size and forecast, by type
6.2.4.2.2. Market size and forecast, by Industry application
6.2.4.3. Mexico
6.2.4.3.1. Market size and forecast, by type
6.2.4.3.2. Market size and forecast, by Industry application
6.3. EUROPE
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by type
6.3.3. Market size and forecast, by Industry application
6.3.5. Market analysis by country
6.3.5.1. U.K.
6.3.5.1.1. Market size and forecast, by type
6.3.5.1.2. Market size and forecast, by Industry application
6.3.5.2. Germany
6.3.5.2.1. Market size and forecast, by type
6.3.5.2.2. Market size and forecast, by Industry application
6.3.5.3. France
6.3.5.3.1. Market size and forecast, by type
6.3.5.3.2. Market size and forecast, by Industry application
6.3.5.4. Italy
6.3.5.4.1. Market size and forecast, by type
6.3.5.4.2. Market size and forecast, by Industry application
6.3.5.5. Rest of Europe
6.3.5.5.1. Market size and forecast, by type
6.3.5.5.2. Market size and forecast, by Industry application
6.4. ASIA-PACIFIC
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by type
6.4.3. Market size and forecast, by Industry application
6.4.4. Market analysis by country
6.4.5.1. China
6.4.5.1.1. Market size and forecast, by type
6.4.5.1.2. Market size and forecast, by Industry application
6.4.5.2. Japan
6.4.5.2.1. Market size and forecast, by type
6.4.5.2.2. Market size and forecast, by Industry application
6.4.5.3. India
6.4.5.3.1. Market size and forecast, by type
6.4.5.3.2. Market size and forecast, by Industry application
6.4.5.4. Rest of Asia-Pacific
6.4.5.4.1. Market size and forecast, by type
6.4.5.4.2. Market size and forecast, by Industry application
6.5. LAMEA
6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by Material type
6.5.3. Market size and forecast, by Industry application
6.5.4. Market size and forecast, by End user
6.5.5. Market analysis by country
6.5.5.1. Latin America
6.5.5.1.1. Market size and forecast, by type
6.5.5.1.2. Market size and forecast, by Industry application
6.5.5.2. Middle East
6.5.5.2.1. Market size and forecast, by type
6.5.5.2.2. Market size and forecast, by Industry application
6.5.5.3. Africa
6.5.5.3.1. Market size and forecast, by type
6.5.5.3.2. Market size and forecast, by Industry application
CHAPTER 7: COMPANY PROFILES
7.1. DATRON AG
7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Business performance
7.1.5. Key strategic moves and developments
7.2. DMG MORI
7.2.1. Company overview
7.2.2. Product portfolio
7.2.3. Operating business segments
7.2.4. Business performance
7.2.5. Key strategic moves and developments
7.3. DALIAN MACHINE TOOL GROUP CORPORATION
7.3.1. Company overview
7.3.2. Product portfolio
7.3.3. Key strategic moves and developments
7.4. SMTCL
7.4.1. Company overview
7.4.2. Product portfolio
7.4.3. Key strategic moves and developments
7.5. ERNST LENZ MASCHINENBAU
7.5.1. Company overview
7.5.2. Product portfolio
7.5.3. Key strategic moves and developments
7.6. FEHLMANN AG
7.6.1. Company overview
7.6.2. Product portfolio
7.6.3. Key strategic moves and developments
7.7. CAMERON MICRO DRILL PRESSES
7.7.1. Company overview
7.7.2. Product portfolio
7.7.3. Key strategic moves and developments
7.8. GATE MACHINERY INTERNATIONAL
7.8.1. Company overview
7.8.2. Product portfolio
7.8.3. Key strategic moves and developments
7.9. HSIN GEELI HARDWARE ENTERPRISE
7.9.1. Company overview
7.9.2. Product portfolio
7.9.3. Business performance
7.9.4. Key strategic moves and developments
7.10. ALPEN-MAYKESTAG GMBH
7.10.1. Company overview
7.10.2. Operating business segments
7.10.3. Key strategic moves and developments
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.3. PORTERS FIVE FORCES ANALYSIS
3.4. MARKET SHARE ANALYSIS (2017)
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.1.1. Augmented demand of fabricated metal products
3.5.1.2. Booming demand for heavy equipment
3.5.1.3. Large-scale industrial automation
3.5.2. Restraint
3.5.2.1. Slowdown in European machine tools manufacturing
3.5.2.2. Fluctuating Raw material prices
3.5.3. Opportunities
3.5.3.1. Advancement in manufacturing machinearies
3.5.3.2. Government initiatives providing impetus to machine tools industry
CHAPTER 4: DRILLING MACHINE MARKET, BY TYPE
4.1. OVERVIEW
4.2. SENSITIVE DRILLING MACHINE
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country
4.3. UPRIGHT DRILLING MACHINE
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country
4.4. RADIAL DRILLING MACHINE
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis by country
4.5. GANG DRILLING MACHINE
4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis by country
4.6. MULTIPLE SPINDLE DRILLING MACHINE
4.6.1. Key market trends, growth factors, and opportunities
4.6.2. Market size and forecast, by region
4.6.3. Market analysis by country
4.7. DEEP HOLE DRILLING MACHINE
4.7.1. Key market trends, growth factors, and opportunities
4.7.2. Market size and forecast, by region
4.7.3. Market analysis by country
4.8. OTHERS
4.8.1. Key market trends, growth factors, and opportunities
4.8.2. Market size and forecast, by region
4.8.3. Market analysis by country
CHAPTER 5: DRILLING MACHINE MARKET, BY INDUSTRY APPLICATION
5.1. OVERVIEW
5.2. AEROSPACE
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country
5.3. HEAVY EQUIPMENT
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country
5.4. AUTOMOTIVE
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country
5.5. ENERGY INDUSTRY
5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis by country
5.6. MILITARY AND DEFENSE
5.6.1. Key market trends, growth factors, and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market analysis by country
5.7. OIL AND GAS
5.7.1. Key market trends, growth factors, and opportunities
5.7.2. Market size and forecast, by region
5.7.3. Market analysis by country
5.8. OTHERS
5.8.1. Key market trends, growth factors, and opportunities
5.8.2. Market size and forecast, by region
5.8.3. Market analysis by country
CHAPTER 6: DRILLING MACHINE MARKET, BY REGION
6.1. OVERVIEW
6.2. NORTH AMERICA
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by type
6.2.3. Market size and forecast, by industry application
6.2.4.1. U.S.
6.2.4.1.1. Market size and forecast, by type
6.2.4.1.2. Market size and forecast, by industry application
6.2.4.2. Canada
6.2.4.2.1. Market size and forecast, by type
6.2.4.2.2. Market size and forecast, by Industry application
6.2.4.3. Mexico
6.2.4.3.1. Market size and forecast, by type
6.2.4.3.2. Market size and forecast, by Industry application
6.3. EUROPE
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by type
6.3.3. Market size and forecast, by Industry application
6.3.5. Market analysis by country
6.3.5.1. U.K.
6.3.5.1.1. Market size and forecast, by type
6.3.5.1.2. Market size and forecast, by Industry application
6.3.5.2. Germany
6.3.5.2.1. Market size and forecast, by type
6.3.5.2.2. Market size and forecast, by Industry application
6.3.5.3. France
6.3.5.3.1. Market size and forecast, by type
6.3.5.3.2. Market size and forecast, by Industry application
6.3.5.4. Italy
6.3.5.4.1. Market size and forecast, by type
6.3.5.4.2. Market size and forecast, by Industry application
6.3.5.5. Rest of Europe
6.3.5.5.1. Market size and forecast, by type
6.3.5.5.2. Market size and forecast, by Industry application
6.4. ASIA-PACIFIC
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by type
6.4.3. Market size and forecast, by Industry application
6.4.4. Market analysis by country
6.4.5.1. China
6.4.5.1.1. Market size and forecast, by type
6.4.5.1.2. Market size and forecast, by Industry application
6.4.5.2. Japan
6.4.5.2.1. Market size and forecast, by type
6.4.5.2.2. Market size and forecast, by Industry application
6.4.5.3. India
6.4.5.3.1. Market size and forecast, by type
6.4.5.3.2. Market size and forecast, by Industry application
6.4.5.4. Rest of Asia-Pacific
6.4.5.4.1. Market size and forecast, by type
6.4.5.4.2. Market size and forecast, by Industry application
6.5. LAMEA
6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by Material type
6.5.3. Market size and forecast, by Industry application
6.5.4. Market size and forecast, by End user
6.5.5. Market analysis by country
6.5.5.1. Latin America
6.5.5.1.1. Market size and forecast, by type
6.5.5.1.2. Market size and forecast, by Industry application
6.5.5.2. Middle East
6.5.5.2.1. Market size and forecast, by type
6.5.5.2.2. Market size and forecast, by Industry application
6.5.5.3. Africa
6.5.5.3.1. Market size and forecast, by type
6.5.5.3.2. Market size and forecast, by Industry application
CHAPTER 7: COMPANY PROFILES
7.1. DATRON AG
7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Business performance
7.1.5. Key strategic moves and developments
7.2. DMG MORI
7.2.1. Company overview
7.2.2. Product portfolio
7.2.3. Operating business segments
7.2.4. Business performance
7.2.5. Key strategic moves and developments
7.3. DALIAN MACHINE TOOL GROUP CORPORATION
7.3.1. Company overview
7.3.2. Product portfolio
7.3.3. Key strategic moves and developments
7.4. SMTCL
7.4.1. Company overview
7.4.2. Product portfolio
7.4.3. Key strategic moves and developments
7.5. ERNST LENZ MASCHINENBAU
7.5.1. Company overview
7.5.2. Product portfolio
7.5.3. Key strategic moves and developments
7.6. FEHLMANN AG
7.6.1. Company overview
7.6.2. Product portfolio
7.6.3. Key strategic moves and developments
7.7. CAMERON MICRO DRILL PRESSES
7.7.1. Company overview
7.7.2. Product portfolio
7.7.3. Key strategic moves and developments
7.8. GATE MACHINERY INTERNATIONAL
7.8.1. Company overview
7.8.2. Product portfolio
7.8.3. Key strategic moves and developments
7.9. HSIN GEELI HARDWARE ENTERPRISE
7.9.1. Company overview
7.9.2. Product portfolio
7.9.3. Business performance
7.9.4. Key strategic moves and developments
7.10. ALPEN-MAYKESTAG GMBH
7.10.1. Company overview
7.10.2. Operating business segments
7.10.3. Key strategic moves and developments
Note: Product cover images may vary from those shown
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According to a new report titled, 'Drilling Machine Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,' the drilling machine market accounted for $16.54 Billion in 2017, and is expected to reach $28.76 Billion by 2025, growing at a CAGR of 7.1% from 2018 to 2025. In 2017, Asia-Pacific dominated the global market, in terms of revenue, and is expected to grow faster compared to North America.
Drilling machine is used to enlarge or drill a cylindrical hole in a workpiece. It is composed of four major componentsthe head, table, column, and base. The motor is attached on the head and spindle is fixed within the quill, which is moved by either manual or automatic feed. The table is mounted on the column, and is used to support the workpiece. The cast iron base supports the entire structure. These machines are basically used for gun drilling, trepanning, BTA drilling, ejector drilling, counterboring, and pull boring.
The market for drilling machine market is primarily driven by increased demand for fabricated metal products and minimized labor cost. However, fluctuation in the prices of the raw materials majorly restricts the growth of the market.
The deep hole drilling machine segment secured the highest share in the drilling machine market in 2017. The multiple spindle drilling machine industry is expected to grow at a highest CAGR during the forecast period. In terms application industries, heavy equipment sector is expected to contribute the highest market share in the coming years, as this industry needs to displace heavy vehicle and material handling equipment parts. Moreover, increase in emphasis on military and defense sector is expected to provide lucrative growth opportunities to small players in the developing economies.
In 2017, Asia-Pacific registered the highest share in the drilling machine market, and is expected to continue this trend during the forecast period, owing to presence of the key manufacturing companies in the region.
Key Findings of the Drilling Machine Market:
In 2017, the deep hole drilling machine dominated the global drilling machine market, in terms of revenue, and is projected to grow significantly during the forecast period.
The heavy equipment segment is projected to dominate the industry application segment during the forecast period.
Asia-Pacific is projected to register the highest market share in the global drilling machine market.
The major players, such as DATRON AG, DMG MORI, Dalian Machine Tool Group Corporation, SMTCL, Ernst Lenz Maschinenbau, Fehlmann AG, Cameron Micro Drill Presses, Gate Machinery International, Hsin Geeli Hardware Enterprise, and Alpen-Maykestag GmbH, are focused to strengthen their presence in the market.
Drilling machine is used to enlarge or drill a cylindrical hole in a workpiece. It is composed of four major componentsthe head, table, column, and base. The motor is attached on the head and spindle is fixed within the quill, which is moved by either manual or automatic feed. The table is mounted on the column, and is used to support the workpiece. The cast iron base supports the entire structure. These machines are basically used for gun drilling, trepanning, BTA drilling, ejector drilling, counterboring, and pull boring.
The market for drilling machine market is primarily driven by increased demand for fabricated metal products and minimized labor cost. However, fluctuation in the prices of the raw materials majorly restricts the growth of the market.
The deep hole drilling machine segment secured the highest share in the drilling machine market in 2017. The multiple spindle drilling machine industry is expected to grow at a highest CAGR during the forecast period. In terms application industries, heavy equipment sector is expected to contribute the highest market share in the coming years, as this industry needs to displace heavy vehicle and material handling equipment parts. Moreover, increase in emphasis on military and defense sector is expected to provide lucrative growth opportunities to small players in the developing economies.
In 2017, Asia-Pacific registered the highest share in the drilling machine market, and is expected to continue this trend during the forecast period, owing to presence of the key manufacturing companies in the region.
Key Findings of the Drilling Machine Market:
In 2017, the deep hole drilling machine dominated the global drilling machine market, in terms of revenue, and is projected to grow significantly during the forecast period.
The heavy equipment segment is projected to dominate the industry application segment during the forecast period.
Asia-Pacific is projected to register the highest market share in the global drilling machine market.
The major players, such as DATRON AG, DMG MORI, Dalian Machine Tool Group Corporation, SMTCL, Ernst Lenz Maschinenbau, Fehlmann AG, Cameron Micro Drill Presses, Gate Machinery International, Hsin Geeli Hardware Enterprise, and Alpen-Maykestag GmbH, are focused to strengthen their presence in the market.
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