Europe Machine Tools Market will be Driven by Modernization of Existing Industries in Western Europe and New Manufacturing Facilities in Eastern Europe: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Europe Machine Tool Market by Type of Cutting Tools (Machining Centres and Flexible machines, Turning Machine, Laser and electric discharge machine, Milling machines, Grinding, honing, lapping and polishing machines, Transfer machines, Gear cutting and finishing machines, Drilling machines, boring machines, and boring-milling machines, Sawing and cutting-off machines), by Forming tools (Forging machines and hammers (including presses), Wire working machines, Bending, folding and straightening machines, Shearing, punching, notching machines), by end-users (Automobile Industry, Aerospace, Energy, Engineering, Electrical and Electronics, and Others) and by sales Channel (Distributor and Direct) Italy is expected to register the highest growth among the top three largest Machine tool markets in Europe. It will be driven by high domestic demand and production in the economy. Domestic production in Europe is expected to improve but will be largely driven by demand for exports within and outside Europe. Germany may lose its position as the largest market for machine tools in Europe to Italy. Expected Market Growth and Structure: The machine tools market in Europe is expected to register a decline in growth rate due to poor manufacturing scenarios. The impact of Brexit and tension related to trade between the US and China is expected to die down in view of the larger interest of the global economy creating a positive business environment suitable for promotion in the growth of manufacturing and demand for machine tools. The market is in a matured stage in the majority of the western European countries which were once the manufacturing hubs of Europe. Role of Intelligent Automation, AI and Big Data: Investment in associated sectors such as AI, IoT, Cloud Computing, automation and their integration in machine tools will enhance the competitiveness of European machine tools companies. The development of additive technology is the major area where many European machine tool companies have enhanced their focus. European machine tools manufacturing units have a very strong focus on R&D and continuously adopt these developments in their product portfolio. Improving Demand in Eastern European Countries: Western European factories rely on a reputation built on past success, most Eastern European factories are offering similar or advanced high standards. Eastern European countries offer many incentives to attract foreign investment and encourage companies to build new factories. High ethics standard and better compliance to standard laws among the Eastern European nation is the key factor of choice over Asian countries. Analysts at Ken Research in their latest publication “Europe Machine Tool Market Outlook to 2023 by Type of Machine (Cutting and Forming), By End Users (Automobile Industry, Aerospace, Energy, Engineering, Electrical and Electronics, and Others) and by Sales Channel (Distributor and Direct)” expect that with introduction of new technology and growing demand from Eastern European Countries will have positive impact on the market. The focus on the development of high precision and intelligent machines will drive the demand for European manufactured machine tools. It is expected that European machine tools market will register a five year CAGR of 6.8% during the period 2018-2023. Key Segments Covered:- By Type of Machine Tools Cutting Machine Tool Forming Machine Tool By End Users Automobile Industry Aerospace Energy Engineering Electrical and Electronics Others By Sales Channel Direct Sales Distributor Sales By Country Germany France Italy Switzerland Time Period Captured in the Report: Historical Period – 2013-2018 Forecast Period – 2019-2023 Request for a sample report Key Companies Covered:- Trumpf DMG Mori Aktiengesellschaft Schuler Mazak Gregory Fischer Machining Solution Amada Komatsu Sandvik Gleason Flow International EMAG 600 Groups Heller Chiron Key Topics Covered in the Report:- Executive Summary Research Methodology Value Chain in Europe Machine Tool Market Europe Machine Tool Market Size, 2013-2018 Europe Machine Tool Market Segmentation, 2013-2018 Snapshot on Germany Machine Tool Market Snapshot on Italy Machine Tool Market Snapshot on France Machine Tool Market Snapshot on Switzerland Machine Tool Market Trends and Developments in Europe Machine Tool Market Issues and Challenges in Europe Machine Tool Market Competitive Landscape in Europe Machine Tool Market Europe Machine Tool Market Future Outlook and Projections, 2019-2023 Analyst Recommendations in Europe Machine Tool Market For more information on the market research report please refers to the link below:- https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/europe-machine-tool-market-outlook/249976-97.html Other Related Reports:- Philippines Electric Power Tools Market Outlook to 2023 – By Product (Grinders, Drills, Saws, Hammers and others), By Application (Construction, Manufacturing and others), By Price Category (Premium, Medium, Low), By Distribution Channel (Direct Sales, Dealer & Retailers Sales and Online Sales), By Region, By Corded or Cordless Tools The report titled provides a comprehensive analysis on the Power Tools Market of Philippines. The report covers various aspects including introduction to Electric Power Tools Market, Value Chain Analysis, market segmentation, decision making parameters, porter five analysis, competitive landscape, major players and trends and developments. The report concludes with market projection and analyst recommendations highlighting the major opportunities and cautions. Philippines Electric Power Tools market is an import driven market which is at its early growth stage. Power Tools market in terms of revenue has increased at a positive CAGR during the period 2012-2018. This growth was facilitated by the growing economy of the country, especially the construction industry along with rising demand from industrial and residential sector in the country. The electric power tools have a significant share in the overall power tools market in Philippines. The customers in the market are price sensitive and lack awareness about the importance of power tools which has resulted in low penetration in the market. Electric Power Tools are used by both local manufacturers and construction companies in the country. However, people prefer purchasing from established players when compared to local manufacturers due to trust in quality of products and their existing brand image. Hence, the established players have majority share in the power tools market. Indonesia Power Tools Market Outlook to 2023 – By Type of Technology (Electric Power Tools, Pneumatic Power Tools and Hydraulic Power Tools); By Channel of Distribution (Dealer Network, Direct Sales and Online Sales) and By Region (Java, Sumatra, Kalimantan, Sulawesi and Others) The report titled provides a comprehensive analysis on the Power Tools industry of Indonesia. The report covers various aspects including introduction on Indonesia power tools market, value chain, stakeholders in Indonesia power tools market ecosystem, market size by revenue (2013-2018), overall power tools market segmentation by type of technology, by region and by channel of distribution, further segmentation of electric power tools market by product, by corded and cordless tools, by application and by category of product, competition scenario in the electric power tools industry, shares and company profiles of major players, trade scenario, growth drivers, trends and developments, issues and challenges in the power tools market, decision making parameters, snapshot on pneumatic power tools industry and hydraulic power tools industry. The report also includes the future outlook for the market (2019-2023) including estimated market revenue, overall power tools market segmentation by type of technology, by region and by the channel of distribution and electric power tools market segmentation by corded and cordless tools and by an application. The report is useful for manufacturers of power tools and new entrants in the sector to align their market-centric strategies according to ongoing and expected trends in the future. India Power Tools Market Forecast to 2021 – Rise in Infrastructural Projects and Expansion of Manufacturing Industry to Drive the Market The report provides a comprehensive analysis of the power tools market in India. The report covers various aspects such as overall size of India power tools market and each product category by revenue, segmentation on the basis of type of technology, source of energy, regions, application, end user, distribution channel and organized and unorganized market. The report also covers initiatives, certification requirements and industrial and labor laws by government sector, manufacturing clusters, decision making parameters by various end users and export and import scenario the industry. Additionally, the report offers prevalent trends, developments and restraints in industry. The report also covers the competitive landscape of the industry, market share of major players, and comprehensive profile of leading players operating in the market. Major macroeconomic indicators affecting the market have also been highlighted in the report. The report is useful for power tool manufacturers, dealers, sellers and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future. Indian Power tool industry is an import driven market with a large proportion of products imported in the country through countries such as China, Germany, UAE, Japan, Korea and others. Major players usually setup a plant in China but use German technology to built power tools equipment’s which is finally imported by India. Competition Benchmarking in Vietnam Pumps Market – HAPUMA, Ebara Vietnam, Grundfos Vietnam, WILO Vietnam, KSB Vietnam, IWAKI Vietnam, TSURUMI Pump VietnamCompany, INTECH Pump, SAIGON Industrial Pump JSC Vietnam The report provides a comprehensive analysis of Vietnam pumps market. The report focuses on overall market size, segmentation by type of pumps (Centrifugal, positive displacement, submersible non submersible and others). The report also covers the overall competitive landscape and Market Share of Major Players. The report concludes with Key Metrics and Profiles regarding Major players of the Market. Vietnam Pumps Market in terms of revenue has increased at a positive double digit CAGR during the period 2013-2018. Currently, the market is at growing stage, with few major companies operating in this space which has provided manufacturers the freedom to decide pricing patterns for various centrifugal and positive displacement pumps. End customers had mainly focused on important parameters such as quality, efficiency and after sales service of pumps rather than price while purchasing pumps. The increasing demand for Water filtration projects and new industrial Manufacturing units led to an increase in sales of Pumps in Vietnam. Global players started entering the market through 100.0% owned subsidiaries, some even stared Manufacturing Plants such as Ebara in the year 2013. 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