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(MoneyNewsWire.Net, July 19, 2016 ) Description-
About the Machine Tools Market
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 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.
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Technavios analysts forecast the Machine Tools Market in India to grow at a CAGR of 12.6% during the period 2016-2020.
Covered in this report
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
Market driver
Growth of automotive industry in India
For a full, detailed list, view our report
Market challenge
Need for cost-effective technological solutions
For a full, detailed list, view our report
Market trend
Emergence of optimized machine tools
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 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?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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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
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Machine tools market in India: Production
Machine tools market in India: Consumption
Machine tools market in India: Export
Machine tools market in India: Import
Five forces analysis
PART 06: Market segmentation by end user
Market overview
Machine tools market in India: Others
PART 07: Market drivers
PART 08: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
Competitive landscape
Vendor matrix
Competition business overview
Recent developments
Analyst standpoint
PART 13: Appendix
List of abbreviations
PART 14: Explore Technavio
Exhibit 01: Product offerings
Exhibit 02: Other prominent vendors
Exhibit 03: Product segmentation of the machine tools in India
Exhibit 04: Machine tools production in India 2015-2020 ($ billions)
Exhibit 05: Metal cutting and metal forming machines domestic production 2015-2020
Exhibit 06: Production of CNC and non-CNC machine tools in metal cutting 2015-2020
Exhibit 07: CNC and non-CNC machine tools in metal forming 2015-2020
Exhibit 08: Machine tools consumption in India 2015-2020 ($ billions)
Exhibit 09: Machine tools consumption in India by product segmentation 2015-2020 )
Exhibit 10: Metal cutting: Local production and import 2015
Exhibit 11: Metal cutting: Local production and import 2020
Exhibit 12: Metal forming: Local production and import 2015
Exhibit 13: Metal forming: Local production and import 2020
Exhibit 14: Machine tools export by India 2015-2020 ($ millions)
Exhibit 15: Machine tools exporting destinations of India in 2015
Exhibit 16: Export of machine tools in metal cutting and metal forming 2015-2020
Exhibit 17: Import of machine tools by India 2015-2020 ($ billions)
Exhibit 18: Importing regions of machine tools by India in 2015
Exhibit 19: Import of machine tools in metal cutting and metal forming 2015-2020
Exhibit 20: Five forces analysis
Exhibit 21: Import of machine tools market in automotive sector 2015-2020 ($ billions)
Exhibit 22: Machine tools market in India in other sectors 2015-2020 ($ billions)
Exhibit 23: Volumes of automotive production in India
Exhibit 24: Impact of drivers
Exhibit 25: Impact of drivers and challenges
Exhibit 26: Vendor comparison matrix
Exhibit 27: Ratings parameters of vendors
Exhibit 28: Company's subsidiaries
Exhibit 29: Recent developments
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