Machinery Manufacturing Market Global Overview 2018
Globally, machinery manufacturers are re-allocating their production plants closer to consumer markets to reduce costs and offer high quality products to customers. Rapid wage increases, rising transportation costs and the difficulty of effective quality control at offshore locations are leading them to re-assess the attractiveness of off-shoring production locations in the developing countries. These factors are encouraging many companies to relocate production closer to their markets. For instance General Electric (GE) shifted a major part of its production from China back to the USA in 2015.
Asia Pacific was the largest region in the machinery manufacturing market in 2017, accounting for around 40% market share. Western Europe was the second largest region accounting for around 29% market share. South America was the smallest region accounting for around 3% market share.
Machinery Manufacturing Market Global Overview 2018 provides strategists, marketers and senior management with the critical information they need to assess the global machinery manufacturing sector.
Reasons to Purchase
- Fully updated for 2018.
- Identify growth segments and opportunities.
- Facilitate decision making on the basis of historic and forecast data and understand the drivers and restraints on the market.
- Develop strategies based on likely future developments.
- Gain a global perspective on the development of the market.
Machinery Manufacturing Market Global Overview 2018 from the Business Research Company covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market.
The market characteristics section of the report defines and explains the market.
The market size section gives the machinery manufacturing market revenues, covering both the historic growth of the market and forecasting the future.
Drivers and restraints looks at the external factors supporting and controlling the growth of the market.
Market segmentations break down the key sub sectors which make up the market. The regional breakdowns section gives the size of the market geographically.
Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in the last three years are identified.
The trends and strategies section highlights the likely future developments in the machinery manufacturing market and suggests approaches.
Markets Covered: Other General Purpose Machinery Manufacturing, Agriculture, Construction, and Mining Machinery Manufacturing, Engine, Turbine, and Power Transmission Equipment Manufacturing, Metalworking Machinery Manufacturing, Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing, Commercial and Service Industry Machinery Manufacturing, and Industrial Machinery Manufacturing.
Companies Mentioned: General Electric Company, Caterpillar Inc., Canon Inc., Deere & Company, Mitsubishi Heavy Industries, CNH Industrial N.V., United Technologies Corporation, Sandvik Inc., Applied Materials Inc., Dover Corporation
Geographic scope: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East And Africa
Time series: Five years historic and forecast.
Data: Market value in $ billions.
Data segmentations: Regional breakdowns, market share of competitors, key sub segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.