Market Report Indian machine tool market to grow

Editor: Susanne Hertenberger

The “Machine Tool in India Market Research Report” covers the present scenario and the growth prospects of the Indian machine-tool market for 2016-2020.

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The Machine Tools Market in India is set to grow at a CAGR of 12.6% during the period 2016-2020.
The Machine Tools Market in India is set to grow at a CAGR of 12.6% during the period 2016-2020.

The machine-tool market in India is set to grow at a CAGR of 12.6% during the period 2016-2020. The report was prepared based on an in-depth market analysis with input from industry experts. It covers the market landscape and growth prospects over the coming years along with discussions from key vendors in this market. To calculate the market size, the report considered the revenue generated from the global sales of the machine-tool industry in India.

Machine tools are used to cut and shape metals and other materials based on the specifications of a product. They provide an effective and efficient method of manufacturing critical components with ease and accuracy. Machine tools can be either computer numeric controlled (CNC) or non-CNC. Non-CNC tools are also known as conventional machine tools and are classified under machining centres, turning machines, grinding machines, etc.

The report also includes a comprehensive market and vendor landscape in addition to a SWOT analysis of key vendors. The study was conducted using an objective combination of primary and secondary information including input from key participants in the industry.

Key players of the Indian machine tool market

  • ACE Micromatic
  • Bharat Fritz Werner (BFW)
  • HMT Machine Tools
  • Jyoti CNC Automation
  • Lokesh Machines

Other prominent vendors

  • Francis Klein
  • Heavy Engineering Corporation
  • ITL Industries
  • Lakshmi Machine Works
  • Mac-Power CNC

The report provides a basic overview of the machine tool market in India including definitions, segmentation, applications, key vendors, market drivers and market challenges. The analysis is provided for international markets including development trends, competitive landscape analysis, and key regions development status.

Through the statistical analysis, the report depicts the global Indian machine-tool market including capacity, production, production value, cost/profit, supply/demand and import/export. The total market is further divided by company, by country and by application/type for competitive landscape analysis.

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