Global Screw Machine Market Research Report 2017 tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the Copper Strips market. This research report offers in-depth analysis of the market size (revenue), market share, major market segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and challenges.
Leading companies are Cox Manufacturing, Eurotech, Tornos, INDEX TRAUB, Davenport Machine, FANUC, Metra CNC Lathes and Multi Spindle Machines, Okuma, Precision Screw Machine Products, Valley Machining Company, and Wickman USA.
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The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.
Key questions answered in this report are what will the market size be in 2021 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?
This report provides in-depth analysis of the Screw Machine and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR (%)) for the forecast period: 2017 – 2021, considering 2016 as the base year. It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. This study also provides key insights about market drivers, restraints, opportunities, new product launches, approvals, regional outlook, and competitive strategies adopted by the leading players. It profiles leading players in the global Screw Machine market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans Key companies covered as a part of this study include. Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launches, market expansion, and marketing tactics. The global Screw Machine market report caters to various stakeholders in this industry, including investors, device manufacturers, distributors and suppliers for Screw Machine equipment, government organizations, research and consulting firms, new entrants, and financial analysts. Various strategy matrices used in analyzing the Screw Machine market would provide stakeholders vital inputs to make strategic decisions accordingly.
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Commenting on the report, an analyst from MIR’s team said: “The latest trend gaining momentum in the market is increase in use of high-strength fasteners in wind towers. Wind energy plays a significant role in energy supplies worldwide. Also, wind energy is being continually expanded, which includes repowering old facilities and building new off-shore wind parks. This is expected to increase the number of wind energy plants, thus creating demand for screw machined products like fasteners, bolts, and nuts.”
According to the report, one of the major drivers for this market is growth of construction industry. MIR predicts that the global construction output will experience a meteoric growth level and will be worth around $14.5 trillion by 2025, growing by more than 70% when compared with 2015. The tremendous growth is expected to be concentrated in three countries— China, the US, and India.
Further, the report states that one of the major factors hindering the growth of this market is slow growth in mining industry. The mining sector resorts to screw machine products for services in conveyors, crushing and pulverizing equipment, railroad cars, and material handling devices among many more. The year 2016 has been a challenging year for the global mining sector due to factors like geopolitical turmoil, increasing costs, price volatility, the decline in the quality of mined products, and lack of adequate financing.
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.