+91-9836913164 (India),  +1-917-730-4660 (U.S.)

Middle East Numerical Control Machine Tools Market Forecast, 2007-2020

Published Date : July 2017 | Report Id : HM103 | Format : PDF | Slides : 95
Report Type : Passport Report 2

Machine tools are majorly used for machining and shaping of any metal components which is usually done by shearing, boring, sutting, grinding or any other form of deformation. Modern machine tools are mainly powered either with hydraulically, or via line shaft or electrically. The interchangable parts of the machine tools are providing the major advantages. The growth in Numerical Control machine tool market in Middle East is mainly attributed to the rising demand for fabricated metals from the construction and machinery industries. In addition, the changes in 3D printing technology are expected to have an impact on the machine tools market.

 

According to the market structure of 2016, 44.1% market is based on horizontal type machine tools market demand in Middle East, which holds major share of machine tool by category market. But with growing popularity of vertical machining center category, share of horizontal machine tool is expected to go below 42% through the forecast period. Market of ‘Machine tool technology’ is quite at a very mature stage and with a million dollar investments in research and development of applications throughout various industry verticals, market growth has a very high potential.

 

Major applications of machine tool covered in report are automobile, shipbuilding, general machinery, electronic goods, mold, industrial machinery, aircraft, healthcare, construction equipment and others. Increasing demand of vehicles in Middle East further supported the growth of automobile industry in the region. The growth of automotive industry boosted the market development for machine tool.

 

The turning center machine tool market is further segmented into horizontal type, gang type, alloy wheel, vertical type, front type, hybrid-multi axis, and Y-axis type. The import and export volume of vertical type in the turning center is highest segment followed by horizontal type and front type machine tools. By revenue, the gang type machine tool in the turning center is the fastest growing segment. The turning center machine tool by chuck size C≤24 is the largest segment both in terms of import and export volume and revenue. The vertical type machine tool market is further segmented by C-type, Bridge type, Tapping center and Dual table where C-type is the largest segment in terms of revenue and volume for both import and export as well as demand. In C-type vertical machine center Mold work held the largest segment in terms of revenue and volume for import, export and demand and General work is the fastest growing segment. The 3-axis segment for Bridge type vertical maching center for Mold work dominated the market in revenue and volume where 5-axis is the fastest growing segment. The automobile segment is the largest for vertical maching center machine tool market in Middle East.

 

The Horizontal Machining center for machine tool market in Middle East is segmented into high speed, heavy cutting and boring as by category. The High-speed is the largest segment followed by heavy cutting. By pallet size in High-speed horizontal machining center, 600

 

Some of the major players in the Machine tool market are Hyundai WIA, The Passtech Group, Schuler, DMG Mori Seiki, Okuma, Hwacheon, and others.

Note: This table of contents is a content of a published report. As per client requirement, cross-sectional analysis across all industries or specific geography or ‘country-based’ analysis can be provided as a part of paid customization. Please place your queries on sales@sheeranalyticsandinsights.com or query@sheeranalyticsandinsights.com

Buy Chapters or Sections

Customization options available to meet your custom research requirements :

  • Request a part of this report
  • Get geography specific report
  • Request historical analysis
  • Check out special discounted pricing

Why Choose Us

  • Research support24/5 Research support

    Get queries resolved by industry expert.

  • Custom research serviceCustom research service

    Exclusive reports and studies to meet your custom requirements.

  • Quality assuranceQuality assurance

    Widely acclaimed services reccomended by major organizations.

  • Information securityInformation security

    Your personal information security guaranteed.

  • sheer analytics and insights PCI DSS complaintsheer analytics and insights paypal verified