DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Gear Cutting Machine Market 2017-2021" report to their offering.
The global gear cutting machinery market to grow at a CAGR of 2.53% during the period 2017-2021.
Global Gear Cutting Machinery 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. To calculate the market size, the report considers the revenue generated from the sales of gear cutting machinery.
The growing demand for superior-quality products has propelled companies to undertake automation in manufacturing. Investment in the global process automation is continuing to grow at 6% and is projected to reach $120 billion by 2019. This growth is focused on areas such as technology, hardware, software, services, and the communication protocol used for automation.
According to the report, the design is crucial to any product development process. During this process, precise design specifications aid in giving the desired form to the product. Machine tools are used to implement these specifications for convenient and easy development of complex products and shapes. Thus, effective use of machine tools helps industries to develop superior-quality products with enhanced dimensional accuracy.
Further, the report states that a serious threat that has been looming over the global gear cutting machine market is the gradually growing second-hand machine market.
Key vendors
- Gleason
- Koepfer America
- Liebherr
- MITSUBISHI
Other prominent vendors
- Bourn & Koch
- KANZAKI KOKYUKOKI
- Klingelnberg
- STAR SU
- LMT Tools
- Samputensili
- Monnier + Zahner
- Zen Machine Tools
- Chongqing Machine Tools
- Zaozhuang Yixin Heavy Machine Tools
- EMAG
- Vanguard Machinery International
- WTO
- Prawema
- Monnier + Zahner
- Felsomat
- Ashoka Machine Tools
- SCHIESS BRIGHTON Holding
- Ueda Heavy Gear Works
- Strojimport
- Premier
- Yamazaki Mazak
- DMG Mori
- Mikron
- Yanmar
- FFG Werke
-
Luren Precision Chicago
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by end-user
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Vendor landscape
Part 14: Key vendor analysis
Part 15: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/4mwnmd/global_gear