Thursday, 24 November 2016

Global Drilling Machines Market Research Report 2016-2020


Technavio Announces the Publication of its Research Report Global Drilling Machines Market 2016-2020

Technavio recognizes the following companies as the key players in the global drilling machines market: DATRON, DMTG, DMG MORI, and SMTCL.

Other prominent vendors in the market are: Cameron Micro Drill Presses, Ernst Lenz Maschinenbau, Fehlmann, Fives Landis, Forma, Gate Machinery International, Hsin Geeli Hardware Enterprise, Kaufman, LTF, Microlution, Minitool, MTI, Roku, Scantool, Taiwan Winnerstech Machinery, Tongtai Machine & Tool, and Yamazaki Mazak.

Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is high-speed steel versus carbide tools. The cutting tool plays a vital role in metal cutting technology. The major materials used for cutting tools are high-speed steel (HSS) and carbide. HSS is a tungsten-containing high-carbon alloys. Although over the last few years carbide tools have steadily taken over HSS tools, the latter remain popular in major segments of tools, including reamers and gear shaping cutters that are not limited to drills. This is mainly due to the advantages of HSS, like its cost-effectiveness and ability to withstand higher cutting forces.”

According to the report, one of the primary drivers in the market is integration of CAD/CAM with machine fabrication. The metal fabrication industry is increasingly making use of advances in technology in the development of machine tools. By using new technologies, manufacturers design new machine tools that are easy to operate, consume less time, and are more efficient. Electrical discharge machines, ultrasonic, and electronic beam technologies have revolutionized manufacturing technology.


Further, the report states that one major challenge in the market is setbacks in European machine tools manufacturing. The setbacks that plagued the European machine tools market during the global economic recession of 2008 have not been entirely overcome. Post-crisis, the primary factor affecting the market was weak domestic demand, with the current growth attributed to emerging markets that are outside Europe. The rise in the demand for production machinery can be attributed to rapid industrialization drives undertaken in the developing countries of APAC.

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. 

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About Drilling Machines

Drilling is cutting method where a drill bit is used to make a circular cross-section in any solid material. A drill bit is a multi-point rotary cutting tool. It is attached to the machine that makes it rotate at speeds ranging from hundreds to thousands of revolutions per minute. This, when pressed against the workpiece, creates the desired hole by cutting off chips from the workpiece.

Technavio’s analysts forecast the global drilling machines market to grow at a CAGR of 5.7% during the period 2016-2020.

Covered in this report 
The report covers the present scenario and the growth prospects of the global drilling machines market for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the market.

The market is divided into the following segments based on geography: 
• Americas
• APAC
• EMEA

Technavio's report, Global Thoracic Surgery Market 2016-2020, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
• DATRON
• DMTG
• DMG MORI
• SMTCL

Other prominent vendors 
• Cameron Micro Drill Presses
• Ernst Lenz Maschinenbau
• Fehlmann
• Fives Landis
• Forma
• Gate Machinery International
• Hsin Geeli Hardware Enterprise
• Kaufman
• LTF
• Microlution
• Minitool
• MTI
• Roku
• Scantool
• Taiwan Winnerstech Machinery 
• Tongtai Machine & Tool
• Yamazaki Mazak

Market driver 
• Augmented demand of fabricated metal products.
• For a full, detailed list, view our report 

Market challenge 
• Setbacks in European machine tools manufacturing.
• For a full, detailed list, view our report 

Market trend 
• High-speed steel versus carbide tools.
• For a full, detailed list, view our report 

Key questions answered in this report 
• What will the market size be in 2020 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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