Global Woodworking 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.
One of the major drivers for this market is increase in demand for engineered wood product and wooden furniture. The demand for engineered wood products is a key driver for the global woodworking machines market. Technology and innovation have helped in manufacturing wood products that are easily available and are easy to build.
The latest trend gaining momentum in the market is automation in woodworking machinery. Changing lifestyle and increasing competition are the major driver for furniture manufacturers to offer customized products. Many countries like Germany, the US, and China are looking forward to completely automate their manufacturing units to enhance their productivity and efficiency and to offer products that meet the customer needs.
Further, the report states that one of the major factors hindering the growth of this market is impact of Brexit on the timber industry. The UK is one of the most important markets in the EU with respect to its population, GDP, and FDI. The decision taken by the UK to exit the EU will significantly impact the region's economy and might even slowdown the economic growth. The UK is one of the largest importers of timber from Europe and with Brexit, the timber industry may have certain effects on the industry.
- SCM Group
Other prominent vendors
- Cantek America
- Cheng Kuang Machinery
- Gongyou Group
- HOLYTEK INDUSTRIAL CORP.
- KTCC Woodworking Machinery
- WEINIG Group
Woodworking Machine-Oliver Machinery
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 application
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Market challenges
Part 10: Impact of drivers and challenges
Part 11: Market trends
Part 12: Vendor landscape
Part 13: Key vendor analysis
Part 14: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/cxhw5n/global