TechNavio's analysts forecast the Machine Tool market in China to grow at a CAGR of 8.16 percent over the period 2012–2016. One of the key factors contributing to this market growth is the increasing adoption of machine tools in the Automotive industry. The Machine Tool market in China has also been witnessing increasing outsourcing of manufacturing activities to China. However, the increase in capital expenditure could pose a challenge to the growth of this market.
TechNavio's report, the Machine Tool Market in China 2012–2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Machine Tool market in China landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this space include Dalian Machine Tool Group Corp., Gildemeister AG, and Shenyang Machine Tools Co. Ltd.
The other vendors mentioned in the report are Chongqing Machine Tools (Group) Co., Ltd., Jiangsu Shinri Heavy Industry Science & Technology Co. Ltd., Jinan First Machine Tool Group Co. Ltd., Qier Machine Tool Group Co. Ltd., Qinghai Huading heavy-duty Machine Tool Co. Ltd., Qiqihar Heavy CNC Equipment Co. Ltd., and Wuhan Huazhong Numerical Control Co Ltd.
Key questions answered in this report:
What will the market size be in 2016 and at what will be the growth rate?
What are 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 key vendors?
What are the strengths and weaknesses of each of these key vendors?
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