TechNavio today launched its report, Global Metal-cutting Machine Market 2012-2016, based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”With the increased investment of the global production and manufacturing companies, the APAC region has witnessed the need for the development of quality products (at a cheaper price and in minimal time) and increased investment in quality metal-cutting machines for enhanced productivity. For this reason, several metal-cutting machine vendors are setting up demo centers and exhibitions across these regions to increase their market reach and their potential to tap the end-users. In addition, industrial exhibitions are being held in several industrial areas in countries such as China and India to increase the awareness of high-speed machining and quality product development.”
According to the report, one of the main drivers is the need for faster time-to-market. Metal-cutting machines are deployed across industries for developing superior-quality products in minimal time.
Further, the report reveals that one of the main challenges in the market is the high cost of metal-cutting machines.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-metal-cutting-machine-market-201…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Research Report – Global Metal-cutting Machine Market 2012-2016
