Global Boring-Milling Machine Market Insights, Forecast to 2025
Boring mills can be dived into horizontal type, vertical type according to its working methods. Besides, boring mill can also be classified as CNC type and ordinary type. CNC type represents highest technology level. Thus, the price of CNC type has great gap with ordinary one. In 2017, about 58.79% boring mills are CNC type. CNC type will also experience faster growth in the coming few years.
Asia-Pacifica is the also largest consumption region in 2017, with 46.30% market share. Europe is the second consumers, with volume of 878 units. Some countries in like Brazil, South Africa, depend on importing to meet demand
The Boring-Milling Machine market was valued at 1260 Million US$ in 2018 and is projected to reach 1140 Million US$ by 2025, at a CAGR of -1.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Boring-Milling Machine.
This report presents the worldwide Boring-Milling Machine market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Kuming Machine Tool
China North Industries Group
Boring-Milling Machine Breakdown Data by Type
Boring-Milling Machine Breakdown Data by Application
Boring-Milling Machine Production by Region
Boring-Milling Machine Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Boring-Milling Machine status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Boring-Milling Machine manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Boring-Milling Machine :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Boring-Milling Machine market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.