Market Demand : Milling Machines Market Globally Grow at a CAGR of 5.83% by Revenue During the Period 2017-2021
Machine tools play a dominant role in the manufacturing industry and are part of almost every metal processing application. They are used for cutting and shaping metals and other materials to the specification provided by the product manufacturers. The machine tools help to process and manufacture critical components with utmost accuracy and ease. Based on the criticality of the operation, conventional or computer numerical control (CNC) machine tools are used.
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Technavios analysts forecast the global milling machines market to grow at a CAGR of 5.83% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global milling machines market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of milling machines.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Milling Machines Market 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.
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Key vendors
Dalian Machine Tool Group
DMG MORI
GF machining solutions
Shenyang Machine Tools Co., Ltd.
Yamazaki Mazak
Other prominent vendors
Breton
Bridgeport
Brother Industries
CHIRON Werke
Correanayak
DANOBATGROUP
Datron
Doosan Machine Tools
EMCO
Eumach
FERMAT
Fidia
Fryer Machine Systems
Fuji Machines
F.Zimmermann
GILDEMEISTER
Gleason
GROB GROUP
Haas Automation
Hangzhou Datian CNC Machine Tool
HELLER
Hurco
HURON GRAFFENSTADEN
JIUH-YEH PRECISION MACHINERY
JMT
KERN Microtechnik
Kitamura Machinery
Komatsu
Long Chang Machinery
MAG
Makino Milling Machine
Matsuura Machinery
Okuma
PAMA
Schuler
Strojimport
Top-One Machinery
Toyoda
TRUPRO-TEC Industrial
Yeou Eri Shuen Machinery
ZAYER
Market driver
Demand for superior-quality products and CNC machines
For a full, detailed list, view our report
Market challenge
Setbacks in European machine tools manufacturing
For a full, detailed list, view our report
Market trend
6-axis CNC machine to transform machining operation
For a full, detailed list, view our report
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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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