Apr 3, 2020   SOURCE: BusinessWire

India Machine Tool Market Projected to Grow at a CAGR of 13% from 2020 to 2024 - ResearchAndMarkets.com

The "Machine Tool Market in India 2020-2024" report has been added to ResearchAndMarkets.com's offering.

The publisher has been monitoring the machine tool market in India 2020-2024 and it is poised to grow by USD 1.9 bn during 2020-2024, progressing at a CAGR of 13% during the forecast period.
The report on the machine tool market in India 2020-2024 provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current India market scenario, latest trends and drivers, and the overall market environment. The market is driven by rising industrial automation in India. In addition, adoption of 3d printing technology is anticipated to boost the growth of the machine tool market in India 2020-2024 as well.

Key Topics Covered:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Technology

  • Market segments
  • Comparison by Technology placement
  • CNC machine tools - Market size and forecast 2019-2024
  • Conventional machine tools - Market size and forecast 2019-2024
  • Market opportunity by Technology

Market Segmentation by Type

  • Market segments
  • Comparison by Type placement
  • Metal cutting machines - Market size and forecast 2019-2024
  • Metal forming machines - Market size and forecast 2019-2024
  • Market opportunity by Type

Customer landscape

  • Overview

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver - Demand led growth
  • Volume driver - Supply led growth
  • Volume driver - External factors
  • Volume driver - Demand shift in adjacent markets
  • Price driver - Inflation
  • Price driver - Shift from lower to higher-priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Bharat Fritz Werner Ltd.
  • DMG MORI Co. Ltd.
  • HMT Ltd.
  • ITL Industries Ltd.
  • Jyoti CNC Automation Ltd.
  • Lakshmi Machine Works Ltd.
  • Machine Tools India Ltd.
  • Micromatic Machine Tools, Pvt. Ltd.
  • Okuma India Pvt. Ltd.
  • Tussor Machine Tools India Pvt. Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

For more information about this report visit https://www.researchandmarkets.com/r/jc3jpf