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
- Application
-
- Workholding
- Metalworking Fluids
- Power Tools Accessories
- Geography
-
- APAC
- North America
- Europe
- South America
- MEA
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 size
- Metalworking Machinery Accessories Market trends
- Metalworking Machinery Accessories Market industry
analysis
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.
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Metalworking Machinery Accessories Market 2020-2024: Key
Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist metalworking
machinery accessories market growth during the next five years
- Estimation of the metalworking machinery accessories market
size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer
behavior
- The growth of the metalworking machinery accessories
market
- Analysis of the market's competitive landscape and detailed
information on vendors
- Comprehensive details of factors that will challenge the growth
of metalworking machinery accessories market vendors
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|
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: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio