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U.S. Precision Turned Product Market - Analysis, Trends & Forecasts to 2025

10-24-2017 11:32 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: IndexBox London

IndexBox has just published a new report "U.S. Precision Turned Products Market. Analysis And Forecast to 2025" ( http://www.indexbox.co.uk/store/us-precision-turned-products-market-analysis-and-forecast-to-2020?utm_source=opr ).

This report is best suitable for you if you:
• Are planning to enter a new geographical market and wish to know which one is best for your product
• Are planning to enter a new product market and want to have a detailed overview of the market before entering
• Already work in a given market and want to update your knowledge on the topic
• Are developing/reviewing your company strategy and wish to know the existing trends in the market
• Want to find the best country to import a product from
• Are consulting a client in the given industry and wish to get a deep understanding of the situation in the market
• Are planning to open new production facilities and wish to choose the best location.

The report serves the above mentioned purposes by providing a deep analysis of the key indicators of the precision turned product market. It includes a market overview, which consolidates the key conclusions made from the analysis of the market study, giving insights on the most influential markets based on the comparative analysis. The report also provides a forecast of how the market is expected to change in the coming years, based on historical trends, external and internal factors, and the main drivers changing the market. Each section contains a an in-depth analysis of the data provided. Specifically, the report presents the historical developments and actual projections of precision turned product production volumes, consumption data, as well as producer prices.
The trade section provides crucial data, such as historical data on imports/exports, changes in the direction of trade, as well as import/export prices. Analysis of precision turned product trade shows the opportunities that are opening before producers and suppliers in a changing market.

Product coverage: Precision turned products, automotive; Precision turned products (made on CNC equipment or screw machines), excluding automotive; Precision turned product manufacturing, nsk, total.

Countries coverage: the U.S.

Abstract:
In 2015, the value of precision turned product production in the U.S. amounted to $17.6B, falling by -2.4% against the previous year level. Overall, the U.S. precision turned product output pursued a noticeable growth from 2007 to 2015. The total output figures increased at an average annual rate of +2.2%. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2011, when the output figure increased by +16% from the previous year level. Over the period under review, the total value of precision turned product shipments in the United States attained its maximum level of $18.0B in 2013. Afterwards, the growth in terms of the precision turned product production failed to regain its strength through to 2015.

Precision turned products (made on CNC equipment or screw machines), excluding automotive was the major product category in the U.S. precision turned product manufacturing, with a share in total output standing near 67% in 2015. Precision turned products, automotive lagged far behing, accounting for only the 27% share. The other related products together comprised approx. 6% of the total output.

Data coverage:
• Precision turned product market value and size;
• Major trends in the precision turned product market;
• Forecast of the market dynamics in the medium term;
• Exports, imports and trade balance;
• Import and export prices;
• Life cycle of the precision turned product industry;
• Number of establishments and their locations;
• Precision turned product industry productivity.
• Key market players and their profiles.

Methodology:
Our methodology consists of obtaining information from various trusted sources (both paid and open), which include, but are not limited to:
• International official statistical agencies
• Governmental statistical agencies
• Official trade statistics
• Paid trade databases
• Industrial associations
• Company reports
• Industry experts.

Companies mentioned:
Premier Farnell Corp.,
Designed Metal Connections,
Melling Tool Co., Camcraft,
Ashley F. Ward,
Nook Industries,
Kksp Precision Machining,
R & B Grinding Co.,
Swiss-Tech,
R W Screw Products,
Huron, Manth-Brownell
Alpha Grainger Mfg.,
Supreme Machined Products Company,
Microbest,
Herker Industries,
Master Automatic Machine Company,
Mitchel Group,
C & M Machine Products,
E. J. Basler Co.,
Standby Screw Machine Products Co,
Kamatics Corporation,
Alger Precision Machining,
The World Class Manufacturing Group,
Cox Manufacturing Company,
Tompkins Products,
Bolton USA Corp.,
Supreme-Lake Mfg.,
Swagelok Hy-Level Company,
Permaswage,
Greystone of Lincoln,
Wescon Controls

Our research team compare the information gathered, confirm it with sources when required, and analyze the collected data, developing a full clear picture of the market and coming up with the final numbers. It is crucial to understand the trends of the market, for which we do provide study, taking into account events in the market, in adjacent and related markets, raw material markets, and markets, which are the main demand creators for the product under research. As for the forecast, it is conducted using analytical models of data on consumption, production, exports, imports, prices, as well as the industry trends, economic trends, consumption trends, possible political and technological trends.

Source: http://www.indexbox.co.uk/store/us-precision-turned-products-market-analysis-and-forecast-to-2020?utm_source=opr

IndexBox is a leading market research publisher in the world. You can find more than 25,000 research reports in our web store, which cover global industries and regional markets. All the worldwide marketing data you need is at your fingertips.

Company Name: IndexBox
Contact Person: Kirill Bezverhi
Email: kirill.bezverhi@indexbox.co.uk
Phone: +44 20 3239 3063
Adress: United Kingdom, 44 Main Street, Douglas, South Lanarkshire, Scotland, ML11 0QW

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