Chemical Market ShareAnalysis Automatic Honing Machine Market - Industry Size, G | Page 2

Based on accessories, honing liquid, honing stones, surface roughness measuring device, repair kit, and others could
classify automatic honing machine in the forecast period. The market may be categorized based on applications like
bearing, automobile industry, space, tractor industry, and others that could be explored in the market in the forecast
period.
Globally, North America accounted for the significant share of the automatic honing machine industry and is estimated
to lead the overall market in the years to come. The reason behind the overall market growth could be the presence
of key manufacturers in the region, the high demand from end-users, the high investment capability, and the rising
use of enhanced technology. The United States is a major consumer of the automatic honing machine in this region.
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Europe and the Asia Pacific are also estimated to have a positive influence on future growth. Europe is the second
largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the
forecast period. The developing countries like India and China are the major consumers of the automatic honing
machine in this region.
The key players of automatic honing machine market are Urschel Laboratories, AZ spa, Sunnen Products Company,
Machine Tool Imp. & Exp. Corp. Ltd., Schlafli Engineering AG, Gehring, Pemamo Honing, Gleason, Ohio Tool Works,
KADIA Production, and Nagel Precision Inc. These players are concentrating on inorganic growth to sustain themselves
amidst fierce competition.
Market Segment:
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million
USD), market share and growth rate of Automatic Honing Machine in these regions, from 2012 to 2023 (forecast),
covering
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Columbia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)