Machine Tools Market in US Scenario and Growth Prospects 2019

Machine Tools Market in US 2015-2019 is a new research report added by under the manufacturing category. The report also includes a discussion on the key vendors operating in this market.

The analysts forecast machine tools market in the US to grow at a CAGR of 3.44% during 2014-2019. Machine tools are used to cut and shape metals and nonmetallic materials based on the specifications of a product. They enable manufacturing of critical components with utmost ease and accuracy. These tools include metal cutting machine tools, metal forming machine tools, and machine tools accessories. Companies extensively use them across sectors such as automotive, general machinery, precision engineering, transport, aerospace, and dies and molds.

Covered in this report

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 report, Machine Tools Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

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

Other prominent vendors

  • Amada Company
  • Fives Group
  • Flow International
  • Gleason
  • Hardinge
  • Kennametal
  • Makino Milling Machine
  • Mitsubishi Heavy Industries
  • Okuma
  • Shenyang Machine Tool
  • Tongtai Machine & Tool
  • TRUMPF Group
  • Yamazaki Mazak

Market driver

  • Resurgence of automotive industry in the US

Market challenge

  • Capital-intensive market

Market trend

  • Recovery of US economy

Key questions answered in this report

  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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