MRO Magazine

Research and Markets: Machine Tools Market in US to 2019 – Analysts Forecast the Market in the US to Grow at a CAGR of 3.44% During 2014-2019


October 14, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/hzw4bx/machine_tools) has announced the addition of the “Machine Tools Market in US 2015-2019” report to their offering.

The machine tools market in the US can be segmented into five end-user segments: automotive sector, general machinery sector, transport machinery sector, electronics sector, and others.

The machine tools market in the US is seeing the development of numerical control (NC) and computer numerical control (CNC) machines in the mid and small-scale industries. This has led to a shift from manually-controlled conventional machines to new and advanced machines, which can be operated using programmed commands and computers to boost productivity. Computer-aided design (CAD) and computer-aided manufacturing (CAM) are used to design NC and CNC machine components, to achieve high accuracy in operation and delivery.

End-users are increasingly adopting NC and CNC machines to enhance product quality, reduce human intervention, and save time.

According to the report, demand for machine tools for domestic consumption to rise in step with the growing production of fabricated metal products in the US. Fabricated metal products manufactured in the US are in demand worldwide. For instance, the US supplies such products to China, Mexico, and Canada. The rising demand for fabricated metal products from domestic and overseas countries will foster market growth in the US.

Key vendors

  • Dalian Machine Tool Group
  • DMG Mori Seiki
  • Haas Automation
  • JTEKT
  • Komatsu

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 product

PART 07: Market segmentation by end-user

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 visit http://www.researchandmarkets.com/research/hzw4bx/machine_tools

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Machine Tools