Global Grinding Machinery Market by Types (Cylindrical, Surface, Gear, Tool & Cutter and Others), End-User (General Machinery, Automotive Machinery, Precision Machinery, and Others) & by Region - Forecast to 2023
Pune, India -- (SBWIRE) -- 07/21/2017 -- Market Research Future published a half cooked research report on global grinding machinery market. The global grinding machinery market is expected to grow around 4.2% CAGR during the period 2017 to 2023.
The grinding machine is an industrial equipment used for creating smooth surface finish by removing unnecessary or excessive amount of material on a given product. The grinding machinery market has been experiencing continuous evolution over the years to cater the various needs of diversified industry verticals. The applications of grinding machines includes grinding of tools & cutters and their resharpening.
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Key Players of Grinding Machinery Market:
- Amada Machine Tools Co. Ltd. (Japan)
- DANOBAT (Spain)
- ANCA Pty Ltd. (Australia)
- Junker (Germany)
- Körber AG (Germany)
- Fives (France)
- Gleason Corporation (U.S.)
- Hybrid Manufacturing Technologies (U.S.)
- Makino Milling Machine Co. Ltd. (Japan)
- JTEKT Corporation (Japan)
Market Research Analysis:
The global grinding machinery market has been analyzed based on the three segments, namely types, end-user and regions. On the basis of types, the global grinding machinery market is segmented as cylindrical, surface, gear, tool & cutter and others. The market is collectively driven by cylindrical, surface and gear grinding machines segments.
Based on end-user, the global grinding machinery market is bifurcated as general machinery, automotive machinery, precision machinery, and others, among which, general machinery accounted for the largest share in 2016 and is anticipated to continue the dominance during the forecast period. The growth of this segment is driven by factors such as rapid growth in emerging economies, rising innovation & up gradation of machines and the establishment of new manufacturing units.
Scope of the Report:
This study provides an overview of the global grinding machinery market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Asia-Pacific, North America, Europe and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global grinding machinery market by its types, by end-user and regions.
- Tool & Cutter
- General Machinery
- Automotive Machinery
- Precision Machinery
- Asia Pacific
- North America
- Rest of World
1 Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter's Five Forces Analysis
4 Global Grinding Machinery Market, By Types
4.5 Tool & Cutter
5 Global Grinding Machinery Market, By End-User
5.2 General Machinery
5.3 Automotive Machinery
5.4 Precision Machinery
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