Press release
Grinding Machine Market: Competitive Dynamics & Global Outlook 2023
Gear grinding is the name of a specific gear creation technique. Grinding involves the removal of unwanted materials through an abrasion process. Grinding is typically the last step in the gear creation process; other techniques have removed the majority of the material first. There are several methods of grinding, but not all of them are used for the creation of gears. In addition to the gear creation meaning, gear grinding is the common term for incorrectly shifting a manual transmission vehicle.
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Global Grinding Machine Market: Forecast by Type / Application / Region
For industry structure analysis, the Gear Grinding Machine Industry is concentrate. The top five producers account for about 67% of the revenue market. Regionally, Europe is the biggest production area of Gear Grinding Machine, also the leader in the whole Gear Grinding Machine.
In 2017, the global sales volume of the Gear Grinding Machine reaches over 1000 Unit; the gross margin is around 32% during the last five years. Geographically, China occupied 28.08% of the sales volume market in 2017. It is followed by Europe and North America, which respectively have around 22.97% and 20.33% of the global total industry.
For price trend analysis, a key variable in the performance of Gear Grinding Machine producers is raw material costs, specifically the speed at which any increase can be passed through to customers.
Over the next five years, LPI(LP Information) projects that Gear Grinding Machine will register a 4.4% CAGR in terms of revenue, reach US$ 1060 million by 2023, from US$ 820 million in 2017.
Global Grinding Machine Market: Key Players
Reishauer
Kapp Werkzeugmaschinen
Gleason
Klingelnberg
Samputensili
Liebherr
Kanzaki (Yanmar)
EMAG
FFG Werke
Chongqing Machine Tool
MHI
ZDCY
Qinchuan
Holroyd Precision
TMTW
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Related Information:
United States Grinding Machine Market Research Report 2018
Europe Grinding Machine Market Research Report 2018
North America Grinding Machine Market Research Report 2018
Asia-Pacific Grinding Machine Market Research Report 2018
China Grinding Machine Market Research Report 2018
EMEA Grinding Machine Market Research Report 2018
Global Grinding Machine Market Research Report 2018
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