M2 PRESSWIRE-June 28, 2017-Global Grinding Machinery Market to Grow at a CAGR of 3.7% by 2021 – Driven by Growth in Automotive Industry
(C)1994-2017 M2 COMMUNICATIONS
RDATE:28062017
Dublin – Research and Markets has announced the addition of the “Global Grinding Machinery Market 2017-2021” report to their offering.
The global grinding machinery market to grow at a CAGR of 3.78% during the period 2017-2021.
The report, Global Grinding Machinery Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one driver in market is growth in automotive industry. Grinding tools have a special relevance to the automotive industry because of their ability to provide precise, better quality, and smoothly finished products. Since they are highly precise, they eliminate changeovers and reduce downtimes, thereby resulting in higher production rates. Computer numerical control (CNC) adds more advantages to grinding machines as the software controls the operation of the machine as per the required design. Highly automated machines can contain one machining unit with several operations combined on a workpiece in such a manner that the processes run in a sequence. This lessens the time needed to complete a job, while simultaneously increasing operational efficiency. The grinding machines used in automobile applications relate to various vehicle systems such as crankshafts, steering racks, valves, shock absorbers, steering parts, cross spiders, ABS motor shafts, truck rear axles, gearbox shafts, wheels, CV joints, and much more.
Key vendors
– AMADA MACHINE TOOLS
– ANCA
– DANOBAT
– JUNKER
Other prominent vendors
– Autania
– Fives
– Gleason Corporation
– Hybrid Manufacturing Technologies
– JTEKT
– Others
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-user
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
For more information about this report visit https://www.researchandmarkets.com/research/w8wjhh/global_grinding