Latest Research Report titled " Machine Tool Market in India 2016-2020 " features Key Market Players, Segments, Applications. Report Presents Global Market Survey, Growth, Challenges and Forecast.

Albany, NY -- (SBWire) -- 07/13/2017 --Machine tools are used to cut and shape metals and other materials based on the specifications of a product. They provide an effective and efficient method of manufacturing critical components with ease and accuracy. Machine tools can be either computer numeric controlled (CNC) or non-CNC. Non-CNC tools are also known as conventional machine tools, and are classified into machining centers, turning machines, grinding machines, and others.

The Machine Tools Market in India to grow at a CAGR of 12.6% during the period 2016-2020. The automotive industry is one of the largest consumers of machine tools in India. Machine tools are used extensively by companies across several applications such as die molding, part manufacturing, aerospace, shipbuilding, electrical and electronics, healthcare, and consumer durables. With rising population of middle class in India, the demand for automobiles is expected to increase.

Get a Sample Research PDF with TOC: http://www.researchmoz.us/enquiry.php?type=S&repid=720152

The report covers the present scenario and the growth prospects of the Machine Tools Market in India for 2016-2020. To calculate the market size, the report considers revenue generated from the sales of machine tools, indicated by consumption value in the report. The report provides market size based on both production and consumption of machine tools.

Technavio's report, Machine Tools Market in India 2016-2020, 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
- ACE Micromatic
- Bharat Fritz Werner (BFW)
- HMT Machine Tools
- Jyoti CNC Automation
- Lokesh Machines

Other prominent vendors
- Francis Klein
- Heavy Engineering Corporation
- ITL Industries
- Lakshmi Machine Works
- MACPOWER CNC
- Makino India
- Miven Machine Tools
- Okuma
- Parirobotics

Table of Contents:

PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
Other prominent vendors
PART 03: Market research methodology
Research methodology
Economic indicators

About ResearchMoz
ResearchMoz is the world's fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz's service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

Contact Us:
Mr. Nachiket
Albany NY - 12207
United States
Tel: +1-518-621-2074
Tel: 866-997-4948 (Us-Canada Toll Free)
Email: sales@researchmoz.us
Follow us on LinkedIn at: http://bit.ly/1TBmnVG