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Machine Tool Market in India 2016-2020

Machine Tool Sector: Forecast until 2020 in India

  • May 2016
  • 56 pages
  • ID: 3841091
In this report:
The export of machine tools market by India was valued at $##.## million in 2015 and may reach $##.## million by 2020, growing at a CAGR of ##.##%.
India's import of metal cutting tools (part of the machine tools market) was valued at $##.## million in 2015 and may reach $##.## billion in 2020, registering a CAGR of ##.##%.

Summary

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About the Machine Tools Market

Machine tools are used to cut and shape metals and other materials established on the specifications of a product. They offer an effective and effective method of manufacturing critical components with ease and accuracy. Machine tools can be either computer numeric controlled or non-CNC. Non-CNC tools are also known as conventional machine tools, and are classified into machining centers, turning machines, grinding machines, and others.

The automotive sector is one of the biggest consumers of machine tools in India (IN). Machine tools are used extensively by companies across different applications including die molding, part manufacturing, aerospace, shipbuilding, electrical and electronics, healthcare, and consumer durables. With growing population of middle class in India (IN), the industry demand for cars is anticipated to increase.

Research company's analysts estimation the Machine Tools Sector in India (IN) to grow at a Compound annual growth rate of 12.60 percent between 2016 and 2020.

What is the scope of this report?

The study contains the current situation and the growth perspectives of the Machine Tools Sector in India (IN) for 2016-2020. To calculate the market value, the analysis considers revenue generated from the sales of machine tools, indicated by consumption value in the market research. The industry report offers market value established on both production and consumption of machine tools.

Market research company's report, Machine Tools Sector in India 2016-2020, has been produced established on a comprehensive and detailed market studies with data coming from specialists of the sector. The study describes the market outlook and its growth expectations over the next years. This study also comprises a conversation established with top vendors operating in this segment.

Main vendors

Who are the market dominants?

- Growth of automotive industry in India (IN)

- For a full, in-depth list, view our market report

What are the ongoing market challenges?

- Need for profitable technological solutions

- For a full, exhaustive list, view our market report

How is the market going?

- Emergence of optimized machine tools

- For a full, in-depth list, view our market report

What are the main questions answered in this report?

- What will both market value and growth rate be in 2020?

- What are the key market forecasts?

- What is driving this sector?

- What are the conditions to market growth?

- Who are the main sellers in this market environment?

- What are the opportunities in this industry and segment risks faced by the main vendors?

- What are the forces and weaknesses of the main vendors?

If you acquire this report, you can ask for one free hour with one of our analyst. Further information is provided within the report.

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