Machine Tools Market in US 2017-2021

Machine Tools Market in US 2017-2021

  • Technavio
  • April 2017
  • Parts & Suppliers
  • 70 pages

Report Description

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About Machine Tools
A machine tool is defined as a machine for shaping and machining metals or other rigid materials in a wide range of industrial applications. These tools are extensively used across the automotive, aerospace, and electronics industries.

Technavios analysts forecast the machine tools market in the US to grow at a CAGR of 4.34% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the machine tools market in the US for 2017-2021. To calculate the market size, the report considers the new installations, sales, value and retrofit, replacement, spares, aftermarket, services market.

Technavio's report, Machine Tools Market in the US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Dalian Machine
DMG MORI
Haas Automation
JTEKT
Komatsu

Other prominent vendors
Amada Machine Tools
Fives
Gleason
Hardinge
Mitsubishi Electric
Makino
Okuma
Yamazaki Mazak
TRUMPF

Market driver
Increased demand for fabricated metal products
For a full, detailed list, view our report

Market challenge
Highly capital-intensive market

For a full, detailed list, view our report

Market trend
Cloud-based machine tools
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 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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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction

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