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Global Metal Forming Machine Tools Market , Growth and Price Analysis and Forecast 2016

  • Date Submitted: 05/12/2016 01:48 AM
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Global Metal Forming Machine Tools Market Share, Size, Emerging Trends, Analysis, Outlook, Overview and Forecasts 2016-2020

Technavios research analyst predicts the global metal forming machine tools market to grow moderately at a CAGR of 4% during the forecast period. Manufacturing industries are particularly dependent on metal forming machine tools for its core activities. Industrial activity in APAC countries, especially China, India, and Japan have witnessed a significant rise in manufacturing and construction activities and it is expected to be a driving force for the growth of this market until 2019.

As per the forecast, this market is likely to witness a growing demand for CNC metal forming machines tools. Analysts predict, the need for automation in the manufacturing of metal forming machine tools will accelerate the shift from conventional, manually controlled machines to CNC machines that operate using programmed commands and computers.

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Segmentation and analysis of the global metal forming machine tools market by application

Automotive industry
General machinery
Transport machinery
Precision engineering
Metal forming machine tools are essential for manufacturing various metal components in the automotive industry. The automotive industry led this market in 2015 with an overall share of close to 44%. Growing production of automobiles in countries such as the US, China, Japan, and Germany has surged the need for metal forming machine tools.

Table of Content

PART 01: Executive summary
Highlights

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PART 02: Scope of the report
Top vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
Overview of heavy engineering goods
Overview of metal...

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