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Machine tools market global growth at CAGR 7.1% to 2022 according to market forecasts

The analysts forecast Global Machine Tools Market to grow at a CAGR of 7.1% during the period 2018-2022.

Machine tool is used to shape metals or other rigid materials by grinding, boring, shearing, cutting, or by deforming. These tools can be conventional or numerically controlled, based on the mode of operation.

Report at…me=1540014.

The report covers the present scenario and the growth prospects of the machine tools market. To calculate the market size, the report considers the revenue generated from the sales of product such as machining centers, turning machines, and grinding machines, to end-users such as automotive, industrial machinery, precision engineering, transportation, and others.

The market is divided into the following segments based on geography: Americas, APAC & EMEA

The report, Global Machine Tools Market 2018-2022, 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.

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Key vendors:

  1. 600 Group
  2. Allied Machine & Engineering
  4. Dalian Machine Tool Group

Market driver: Large-scale industrial automation.

Market challenge: Challenges faced by European machine tools market.

Market trend: Government initiatives providing impetus to machine tools industry.

Report at…me=1540014.

Key questions answered in this report:

  1. What will the market size be in 2022 and what will the growth rate be?
  2. What are the key market trends?
  3. What is driving this market?
  4. What are the challenges to market growth?
  5. Who are the key vendors in this market space?- What are the market opportunities and threats faced by the key vendors?
  6. What are the strengths and weaknesses of the key vendors?

Major Points from List of Exhibits:

Exhibit 1: Related market: Global metal fabrication equipment market

Exhibit 2: Market characteristics

Exhibit 3: Market segments

Exhibit 4: Market definition - Inclusions and exclusions checklist

Exhibit 5: Market size 2017

Exhibit 6: Validation techniques employed for market sizing 2017

Exhibit 7: Global machine tools market– Market size and forecast 2017-2022 ($ bn)

Exhibit 8: Global population and global urban population 2000-2016 (mn)

Exhibit 9: Quarterly global manufacturing output growth rate 2014-2015 (%)

Exhibit 10: Global machine tools market– Year-over-year growth 2018-2022 (%)

Exhibit 11: Five forces analysis 2017

Exhibit 12: Five forces analysis 2022

Exhibit 13: Bargaining power of buyers

Exhibit 14: Bargaining power of suppliers

Exhibit 15: Threat of new entrants

Exhibit 16: Threat of substitutes

Exhibit 17: Threat of rivalry

Exhibit 18: Market condition - Five forces 2017

Exhibit 19: End-user – Market share 2017-2022 (%)

Exhibit 20: Comparison by end-user

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