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Expansion in Manufacturing across Industrial Sectors to Stimulate Growth in Technology Adoption
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This research service discusses revenues generated by various machine tool suppliers in Asia Pacific in 2016. The companies included in this study are all major vendors.Research ScopeThe objective is to identify the major end users, the distribution channel for each product segment, and the major suppliers of machine tools in Asia Pacific. The study also discusses the revenue contribution by product type and regions of interest for machine tool vendors. Historical data from 2013 to 2015 are examined and included. Considering the prevailing political, legal, and economic situation and other trends, the study also forecasts revenue and growth rates till 2021 and discusses major factors affecting the industry. Drivers, restraints, and initiatives and support from public and private organizations are also provided. Revenue split among major vendors has been discussed for the total market and also for each product segment, while analyzing their strengths, weaknesses, opportunities and threats in the market. Major End-user IndustriesThe study also showcases major growth opportunities in Vietnam and analyzes trends across key industries. The major end-user industries covered in this study are: • Engineering• Automotive and Transportation• Aerospace• Energy• Electrical and Electronics• ConstructionProduct SegmentationThe product segment includes the following categories of tools:• Metal Cutting• Metal Forming• Metal FinishingKey Questions This Study Will Answer• Is the market growing, how long will it continue to grow, and at what rate?• What are the recent trends in the machine tools market? What are the key drivers for market growth in the region?• Which countries generated the highest demand for machine tool products in the region? What were the country specific trends that impacted the market? • Who were the major end-users of machine tools in the region and how much will they contribute to the market over the next 5 years?• Which companies dominated the market and the individual product segments? What are the key competitive factors that differentiate one machine tool supplier from another?• What were the major distribution strategies implemented by the machine tool vendors and what was the percent contribution by distribution channel in 2016?
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