NEW YORK, Oct. 19, 2021 /PRNewswire/ -- The metalworking machinery accessories market is expected to grow by USD 6.28 billion from 2020 to 2024, progressing at a CAGR of 3% according to the latest market report by Technavio.
To know the exact growth variance and the Y-O-Y growth rate Request a free sample report.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Chevron Corp., Dover Corp., Enerpac Tool Group Corp., Exxon Mobil Corp., FUCHS PETROLUB SE, Jergens Inc., Makita USA Inc., Robert Bosch GmbH, The Lubrizol Corp., and Total SA are some of the major market participants. The growth in the fabrication of metal products will offer immense growth opportunities. However, the factors such as the fluctuating raw material prices will challenge the growth of the market participants.
Metalworking Machinery Accessories Market 2020-2024: Segmentation
Metalworking Machinery Accessories Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our metalworking machinery accessories market report covers the following areas:
Metalworking Machinery Accessories Market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Metalworking Machinery Accessories Market. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Subscribe to our "Lite Plan" billed annually at USD 3000 that enables you to download 3 reports/year and view 3 reports/month.
Metalworking Machinery Accessories Market 2020-2024: Key Highlights
Related Reports:
Sheet Metal Processing Equipment Market -The sheet metal processing equipment market size has the potential to grow by USD 5.57 billion during 2021-2025, and the market's growth momentum will decelerate during the forecast period. Download a free sample now!
Metal Silos Market -The metal silos market size for bulk storage is expected to grow by USD 498.19 million, at a CAGR of 3.18%, between 2021 and 2025. Download a free sample now!
Metalworking Machinery Accessories Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2019 |
Forecast period |
2020-2024 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3% |
Market growth 2020-2024 |
USD 6.28 billion |
Market structure |
Fragmented |
YoY growth (%) |
-6.84 |
Regional analysis |
APAC, North America, Europe, South America, and MEA |
Performing market contribution |
APAC at 54% |
Key consumer countries |
US, China, Germany, Japan, and UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Chevron Corp., Dover Corp., Enerpac Tool Group Corp., Exxon Mobil Corp., FUCHS PETROLUB SE, Jergens Inc., Makita USA Inc., Robert Bosch GmbH, The Lubrizol Corp., and Total SA |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
Share this article