Adoption of 3D Printing Technology is a Key Trend Gaining Market Momentum
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The machine tool market in india is forecasted to grow by USD 2.78 billion during 2023-2028, accelerating at a CAGR of 11.89% during the forecast period. The report on the machine tool market in india provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising industrial automation in india, growing demand for machine tools from ice-based automobiles, and growing demand for cnc machine tools.
The machine tool market in india is segmented as below:
By Technology
- CNC machine tools
- Conventional machine tools
By Type
- Metal cutting machines
- Metal forming machines
By Geographical Landscape
- APAC
The report on the machine tool market in india covers the following areas:
- Machine tool market in india sizing
- Machine tool market in india forecast
- Machine tool market in india industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Technology
7 Market Segmentation by Type
8 Customer Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global machine tool market in India: Accusharp Cutting Tools Pvt. Ltd., Ace Multi Axes Systems Ltd., Ahire Machine Tools, Ajinkya Industries, Alex Machine Tools Pvt. Ltd., Bharat Fritz Werner Ltd., Bhavya Machine Tools, Birla Precision Technologies Ltd., DMG MORI Co. Ltd., Gamut Machine Tools, Geeta Machine Tools Pvt. Ltd., General Machine Tools, HMT Ltd., ITL Industries Ltd, Jyoti CNC Automation Ltd., Lakshmi Machine Works Ltd., Lokesh Machines Ltd., Makino Milling Machine Co. Ltd., Okuma Corp., and Om International Machine Tools.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is adoption of 3D printing technology."
According to the report, one of the major drivers for this market is the rising industrial automation in India.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accusharp Cutting Tools Pvt. Ltd.
- Ace Multi Axes Systems Ltd.
- Ahire Machine Tools
- Ajinkya Industries
- Alex Machine Tools Pvt. Ltd.
- Bharat Fritz Werner Ltd.
- Bhavya Machine Tools
- Birla Precision Technologies Ltd.
- DMG MORI Co. Ltd.
- Gamut Machine Tools
- Geeta Machine Tools Pvt. Ltd.
- General Machine Tools
- HMT Ltd.
- ITL Industries Ltd
- Jyoti CNC Automation Ltd.
- Lakshmi Machine Works Ltd.
- Lokesh Machines Ltd.
- Makino Milling Machine Co. Ltd.
- Okuma Corp.
- Om International Machine Tools
