Dallas, Texas (PRWEB) January 22, 2015
Aggressive marketing in developing countries declaring the benefits of grinding machines in the manufacturing sector has created awareness and increased the demand for these machines. Several global grinding machine vendors are setting up demonstration centers and exhibitions in the region to increase their market reach.
The researcher forecast the Global Grinding Machine market to grow at a CAGR of 6.47% over the period 2014-2019. According to the report, the need for cost reduction in product development is one of the major drivers of the market. An uncertain economic environment is causing organizations across industries to look for solutions that can reduce their production costs and put a halt to their dwindling profit margins, and this is leading to an increase in the adoption of grinding machines.
The report analysis the market based on following segments:
Market Segmentation by End-users: Market in General Machinery Industry, Automotive Industry and Precision Machinery Industry.
Geographical Segmentation: APAC, EMEA and Americas
Buying Criteria Parameters: Accuracy, Maintenance and Support, Reliability, Speed and Total Cost of Ownership
The report recognizes the following companies as the key players in the Global Grinding Machine Market: Amada Machine Tools Co., Ltd, ANCA Pty. Ltd, Danobat Group and Junker Group.
Other Prominent Vendors in the market are: Autania, Fives Cinetic, Gleason, JTEKT, Körber, Okuma, Taiyo Koki and WMW Machinery.
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Further, the report states that one of the major challenges in this market is the high cost of grinding machines. The high initial cost of grinding machines along with high training costs is acting as a barrier to their adoption.
Major Points from Table of Content:
1. Executive Summary
2. List of Abbreviations
3. Scope of the Report
4. Market Research Methodology
6. Market Landscape
7. Market Segmentation by End-users
8. Geographical Segmentation
9. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
18. Other Reports in this Series
List of Exhibits
Exhibit 1: Global Grinding Machine Market by End-user Segmentation
Exhibit 2: Market Research Methodology
Exhibit 3: Global Grinding Machine Market 2014-2019 (US$ million)
Exhibit 4: Global Grinding Machine Marketby End-user industry 2014 and 2019 (US$ million)
Exhibit 5: Global Grinding Machine Market in General Machinery Industry 2014-2019 (US$ million)
Exhibit 6: Global Grinding Machine Market in Automotive Industry 2014-2019 (US$ million)
Exhibit 7: Global Grinding Machine Market in Precision Machinery Industry 2014-2019 (US$ million)
Exhibit 8: Global Grinding Machine Market by End-user Industry 2014-2019
Exhibit 9: Global Grinding Machine Market by Geographical Segmentation 2014 and 2019
Exhibit 10: Grinding Machine Market in APAC Region 2014-2019 (US$ million)
Exhibit 11: Grinding Machine Market in EMEA Region 2014-2019 (US$ million)
Exhibit 12: Grinding Machine Market in Americas 2014-2019 (US$ million)
Exhibit 13: Global Grinding Machine Market by Geographical Segmentation 2014-2019
Exhibit 14: General Machinery Industry
Exhibit 15: Automotive Industry
Exhibit 16: Precision Machinery Industry
Exhibit 17: Amada Machine Tools: Key Products
Exhibit 18: Amada Machine Tools: Geographical Presence
Exhibit 19: ANCA: Key Products
Exhibit 20: ANCA: Geographical Presence
Exhibit 21: Danobat: Key Products
Exhibit 22: Danobat: Geographical Presence
Exhibit 23: Junker: Key Products
Exhibit 24: Junker: Geographical Presence
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