Machine Tools Market in US grow at a CAGR of 4.34% 2017-2021


Posted May 10, 2017 by MRRS_Milly

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

 
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.

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.

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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Issued By Market Research Report Store
Country United States
Categories Business , Marketing , Reports
Last Updated May 10, 2017