Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor CNC Tool and Cutter Grinding Machine Market Resear | Page 2

On the basis of regions, the global CNC tool and cutter grinding machine market has been
segmented into North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).
The APAC market accounted for 37.7% share in 2017. Presence of various industrial hubs
coupled with a robust manufacturing sector across South Korea, China, and India can augur
market growth in the coming years. The APAC market is estimated to showcase a 5.12% CAGR
during the forecast period. China can contribute to market revenue owing to abundance of raw
materials and low labor costs. Demand for consumer electronics and cars is predicted to
facilitate market demand.
The Europe region is projected to expand at a phenomenal growth rate over the forecast period
owing to rise in export and import trade activities. Presence of major automobile
manufacturers such as Audi and BMW can influence market demand. Countries such as France,
Germany, and Spain can augment market demand owing to presence of various manufacturers.
Competitive Analysis
DANOBAT Group, ANCA Pty Ltd., Vollmer, Haas Automation, Inc., J Schneeberger Maschinen
AG, and Makino Milling Machine Co., Ltd are prominent names in the CNC tool and cutter
grinding machine market. Other noteworthy names include WIDMA Machine Tools, ISOG
Technology GmbH, JTEKT Corp, Korber AG, Amada Machine Tools Co., Ltd., Rollomatic SA,
Alfred H. Schütte GmbH & Co. KG, Gleason Corporation, Gebr. SAACKE GmbH & Co. KG, and
JUNKER Group. Mergers and acquisitions, partnerships with vendors, and new products are
strategies employed by players to gain a larger share of the market.
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Table of Contents
1 Executive Summary
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
6 Global CNC Tool & Cutter Grinding Machine Market, By Product Type