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The Machine Tools Market in the Netherlands (2019-2023): Growing Demand for Fabricating Metal Products - ResearchAndMarkets.com

May 8, 2019

DUBLIN--(BUSINESS WIRE)--May 8, 2019--The “Machine Tools Market in the Netherlands 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The machine tools market will register a CAGR of over 3% by 2023.

The increasing demand from general machinery segment is one of the key factors anticipated to strengthen the machine tools market in the Netherlands.

Manufacturers are constantly upgrading their manufacturing processes for improving their product design capabilities. Favorable geographical location and effective logistical support for exports to several European economies has further encouraged several international machine builders for establishing their manufacturing operations in the Netherlands, in turn, boosting the market growth.

Growing demand for fabricating metal products

The growth in demand from export markets has increased investments by end-user industries in capacity expansion and capital goods and machinery in the country. This will augment the growth of the machine tools market in the Netherlands during the forecast period.

Difficulty in automating complete metal forming and metal cutting process

Most of the SMEs find it difficult to adopt automated machine tools and systems due to the high cost of upgrading and exhaustive retrofitting process. This is hindering the market growth during the forecast period.

Competitive Landscape

The market appears to be fragmented and with the presence of several market players. The majority of the vendors in the machine tools market in the Netherlands are focusing on developing high-strength tools to reduce the tool replacement cycle.

This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.

Key Players

  • 600 Group PLC
  • ANDRITZ AG (Schuler AG)
  • DMG MORI Co. Ltd.
  • Hurco Companies Inc.
  • TRUMPF GmbH + Co. KG

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY END-USER

  • Comparison by end-user
  • General machinery - Market size and forecast 2018-2023
  • Precision engineering - Market size and forecast 2018-2023
  • Automotive industry - Market size and forecast 2018-2023
  • Transportation industry - Market size and forecast 2018-2023
  • Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY TYPE

  • Comparison by type
  • Metal cutting tools - Market size and forecast 2018-2023
  • Metal forming tools - Market size and forecast 2018-2023
  • Market opportunity by type

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

  • Integration of IoT into machine tools
  • Growing adoption of 3D printing technology
  • Technological advances and use of robots with machine tools

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • 600 Group PLC
  • ANDRITZ AG (Schuler AG)
  • DMG MORI Co. Ltd.
  • Hurco Companies Inc.
  • TRUMPF GmbH + Co. KG

For more information about this report visit https://www.researchandmarkets.com/r/wxa46n

View source version on businesswire.com:https://www.businesswire.com/news/home/20190508005574/en/

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Related Topics:Machine Tools

KEYWORD: EUROPE NETHERLANDS

INDUSTRY KEYWORD: MANUFACTURING AUTOMOTIVE MANUFACTURING ENGINEERING

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 05/08/2019 10:58 AM/DISC: 05/08/2019 10:58 AM

http://www.businesswire.com/news/home/20190508005574/en