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Global Screw Machine Market 2017-2021

Global Screw Machine Market 2017-2021

About Screw Machine

A screw machine is an adaption of traditional horizontal lathe machine; it rotates the bar stock while various cutting tools cut and shape the bar stock and separate into many parts like screw, nuts, bolts, and fasteners. The growing demand for durable goods and a strong rebound in motor vehicle output will fuel significant growth in the global screw machine market. The expected sales growth would gain strong participation from emerging markets located in APAC, especially China. These developments should offer new sales opportunities to screw machine manufacturers in countries such as China.

Technavio’s analysts forecast the global screw machine market to grow at a CAGR of 1.56% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global screw machine market for 2017-2021. To calculate the market size, the report considers the average total production of a screw machine.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Screw Machine 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.

Key vendors
  • Cox Manufacturing
  • Eurotech
  • Tornos
  • INDEX TRAUB
Other prominent vendors
  • Davenport Machine
  • FANUC
  • Metra CNC Lathes and Multi Spindle Machines
  • Okuma
  • Precision Screw Machine Products
  • Valley Machining Company
  • Wickman USA
Market driver
  • Growth of construction industry
  • For a full, detailed list, view our report
Market challenge
  • Slow growth in mining industry
  • For a full, detailed list, view our report
Market trend
  • Growth of construction industry
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Screw Machine Market 2017-2021

Technavio recognizes the following companies as the key players in the global screw machine market: Cox Manufacturing, Eurotech, Tornos, and INDEX TRAUB.

Other Prominent Vendors in the market are: Davenport Machine, FANUC, Metra CNC Lathes and Multi Spindle Machines, Okuma, Precision Screw Machine Products, Valley Machining Company, and Wickman USA.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increase in use of high-strength fasteners in wind towers. Wind energy plays a significant role in energy supplies worldwide. Also, wind energy is being continually expanded, which includes repowering old facilities and building new off-shore wind parks. This is expected to increase the number of wind energy plants, thus creating demand for screw machined products like fasteners, bolts, and nuts.”

According to the report, one of the major drivers for this market is growth of construction industry. Technavio predicts that the global construction output will experience a meteoric growth level and will be worth around $14.5 trillion by 2025, growing by more than 70% when compared with 2015. The tremendous growth is expected to be concentrated in three countries— China, the US, and India.

Further, the report states that one of the major factors hindering the growth of this market is slow growth in mining industry. The mining sector resorts to screw machine products for services in conveyors, crushing and pulverizing equipment, railroad cars, and material handling devices among many more. The year 2016 has been a challenging year for the global mining sector due to factors like geopolitical turmoil, increasing costs, price volatility, the decline in the quality of mined products, and lack of adequate financing.



Companies Mentioned

Cox Manufacturing, Eurotech, Tornos, INDEX TRAUB, Davenport Machine, FANUC, Metra CNC Lathes and Multi Spindle Machines, Okuma, Precision Screw Machine Products, Valley Machining Company, and Wickman USA.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Components of screw machine
      • Table Types of screw machines
      • Table Comparison of single and multi spindle screw machine
      • Table Global screw machine market by type 2016-2021
      • Table Global screw machine market by region 2016-2021
  • Market landscape
    • Market overview
      • Table Global screw machine market
    • Market size and forecast
      • Table Global screw machine market 2016-2021 ($ billions)
      • Table Increase in automotive production 2014-2016
      • Table Global aerospace outlook
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Market overview
      • Table Global screw machine market share by type 2016-2021 (%)
    • Single spindle screw machine
      • Table Single spindle screw machine market 2016-2021 ($ billions)
      • Table Types of single spindle screw machine
    • Multi spindle screw machine
      • Table Multi spindle screw machine market 2016-2021 ($ billion)
  • Geographical segmentation
    • Market overview
      • Table Global screw machine market segmentation by region 2016-2021 (%)
    • APAC
      • Table Screw machine market in APAC 2016-2021 ($ billions)
    • Americas
      • Table Screw machine market in Americas 2016-2021 ($ billions)
      • Table Increased expense on various projects in Americas (%)
    • EMEA
      • Table Screw machine market in EMEA 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Average construction spending by country in APAC 2015 (%)
      • Table Sector-wise growth in European construction industry 2013-2020 (%)
      • Table Global vehicle sales by vehicle types 2015
      • Table Region-wise performance outlook for automotive industry 2015-2021
    • Market challenges
      • Table Metal and mineral price drops 2011-2016
      • Table Mining companies/projects affected
      • Table Real GDP China 2016 and 2017
      • Table Increase in use of fiber composite in automotive 2016-2030
  • Market trends
    • Increase in use of high-strength fasteners in wind towers
      • Table Global wind energy consumption trend 2009-2014 (TWh)
      • Table Wind power installation country-wise for 2015 (MW)
    • Growing prominence of titanium fasteners in aerospace industry
      • Table Major drivers for aerospace and defense sector
      • Table Global air traffic 2004-2016 (%)
      • Table In-service aircraft reaching 25 years of service life 2015-2025
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
  • Key vendor analysis
    • Cox Manufacturing
    • Eurotech
    • Tornos
    • INDEX TRAUB
  • Appendix
    • List of abbreviations
  • Explore Technavio

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