Market Overview:
The Global Floor-type Boring-Milling Machine Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for floor-type boring-milling machines in the aerospace, transportation, and industrial machinery industries. Asia Pacific is expected to be the fastest growing region during the forecast period owing to the increasing demand for floor-type boring mills from countries such as China and India.
Product Definition:
Floor-type boring milling machine is a large and heavy duty machine tool that is used for the machining of large and complex shapes in metal or other solid materials. The floor-type boring milling machine typically has a bed that is mounted on legs or rails, allowing it to be moved around the workpiece as needed. The head of the machine can be raised and lowered to allow the cutter to reach different parts of the workpiece, and can also be rotated to various angles.
CNC Boring-Milling Machine:
CNC stands for computer-controlled and is used to control the movement of a tool or machine. A milling machine consists of several components, which include a computer, spindle motor, spindle bearings (if applicable), programmable microcontroller (PLC) controller or standalone PC software controlling the whole operation through an operating system such as Windows CE or Linux.
The global CNC Boring-Milling Machine market was valued at USD 6.5 billion in 2015.
Manual Boring-Milling Machine:
Manual boring-milling machine is used to drill, bore and cut the required shape from a block of material. It is one of the oldest manufacturing processes which has been in use since time immemorial. The manual milling machine consists of three main components namely spindle, base and collet.
Application Insights:
The industrial machinery segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for metal cutting machines with higher precision in manufacturing various components, such as gears, shafts, and precision-machined parts across several industries including automotive, construction equipment & materials handling equipment industry.
The aerospace industry is expected to witness significant growth owing to rising demand from major players such as Airbus SE and Boeing Co., which are increasingly focusing on reducing production costs by adopting advanced technologies including CNC technology. In addition, growing utilization of aluminum alloys that require high-precision machining processes will drive the product demand further over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, and Japan. These countries are among the largest consumers of machinery owing to their growing industrial sectors. Moreover, increasing infrastructure activities in these regions will drive product demand further. For instance, according to The World Bank Group “Innovation for Development†paper published in January 2016, Asia Pacific has witnessed significant growth in manufacturing output since 2010-11 as a result of policy reforms by governments at different levels aimed at improving productivity through competition and privatization of state-owned enterprises (SOEs).
The European floor-type boring milling machine market is anticipated to grow significantly over the forecast period owing with major players shifting their production bases from Asian countries such as China.
Growth Factors:
- Increasing demand for floor-type boring-milling machines from the automotive and aerospace industries due to the growing need for high precision machining.
- The increasing popularity of floor-type boring mills as versatile, multi-purpose machines that can be used for a variety of applications in different industries.
- The development of new and innovative technologies that improve the performance and accuracy of floor-type boring mills, making them more competitive against other types of machine tools.
- Growing investments by businesses in modernizing their manufacturing facilities, which is driving demand for more advanced machine tools such as floor-type boring mills.
Scope Of The Report
Report Attributes
Report Details
Report Title
Floor-type Boring-Milling Machine Market Research Report
By Type
CNC Boring-Milling Machine, Manual Boring-Milling Machine
By Application
Aerospace Industry, Transportation Industry, Industrial Machinery, Other
By Companies
PAMA, AZ spa, DANOBATGROUP, LAZZATI, MHI, Fermat Machinery, FPT Industrie, Juaristi, Toshiba Machine, Doosan, Q2JC, SMTCL, Kuming Machine Tool, China North Industries Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Floor-type Boring-Milling Machine Market Report Segments:
The global Floor-type Boring-Milling Machine market is segmented on the basis of:
Types
CNC Boring-Milling Machine, Manual Boring-Milling Machine
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace Industry, Transportation Industry, Industrial Machinery, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PAMA
- AZ spa
- DANOBATGROUP
- LAZZATI
- MHI
- Fermat Machinery
- FPT Industrie
- Juaristi
- Toshiba Machine
- Doosan
- Q2JC
- SMTCL
- Kuming Machine Tool
- China North Industries Group
Highlights of The Floor-type Boring-Milling Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- CNC Boring-Milling Machine
- Manual Boring-Milling Machine
- By Application:
- Aerospace Industry
- Transportation Industry
- Industrial Machinery
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Floor-type Boring-Milling Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A floor-type boring mill is a machine used for milling round or cylindrical objects, such as pipes, tubes and profiles. It has a rotating cutting head that cuts the object into pieces while it is moving along the axis of the head.
Some of the major players in the floor-type boring-milling machine market are PAMA, AZ spa, DANOBATGROUP, LAZZATI, MHI, Fermat Machinery, FPT Industrie, Juaristi, Toshiba Machine, Doosan, Q2JC, SMTCL, Kuming Machine Tool, China North Industries Group.
The floor-type boring-milling machine market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Floor-type Boring-Milling Machine Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Floor-type Boring-Milling Machine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Floor-type Boring-Milling Machine Market - Supply Chain
4.5. Global Floor-type Boring-Milling Machine Market Forecast
4.5.1. Floor-type Boring-Milling Machine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Floor-type Boring-Milling Machine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Floor-type Boring-Milling Machine Market Absolute $ Opportunity
5. Global Floor-type Boring-Milling Machine Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Floor-type Boring-Milling Machine Market Size and Volume Forecast by Type
5.3.1. CNC Boring-Milling Machine
5.3.2. Manual Boring-Milling Machine
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Floor-type Boring-Milling Machine Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Floor-type Boring-Milling Machine Market Size and Volume Forecast by Application
6.3.1. Aerospace Industry
6.3.2. Transportation Industry
6.3.3. Industrial Machinery
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Floor-type Boring-Milling Machine Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Floor-type Boring-Milling Machine Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Floor-type Boring-Milling Machine Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Floor-type Boring-Milling Machine Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Floor-type Boring-Milling Machine Demand Share Forecast, 2019-2029
9. North America Floor-type Boring-Milling Machine Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Floor-type Boring-Milling Machine Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Floor-type Boring-Milling Machine Market Size and Volume Forecast by Application
9.4.1. Aerospace Industry
9.4.2. Transportation Industry
9.4.3. Industrial Machinery
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Floor-type Boring-Milling Machine Market Size and Volume Forecast by Type
9.7.1. CNC Boring-Milling Machine
9.7.2. Manual Boring-Milling Machine
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Floor-type Boring-Milling Machine Demand Share Forecast, 2019-2029
10. Latin America Floor-type Boring-Milling Machine Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Floor-type Boring-Milling Machine Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Floor-type Boring-Milling Machine Market Size and Volume Forecast by Application
10.4.1. Aerospace Industry
10.4.2. Transportation Industry
10.4.3. Industrial Machinery
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Floor-type Boring-Milling Machine Market Size and Volume Forecast by Type
10.7.1. CNC Boring-Milling Machine
10.7.2. Manual Boring-Milling Machine
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Floor-type Boring-Milling Machine Demand Share Forecast, 2019-2029
11. Europe Floor-type Boring-Milling Machine Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Floor-type Boring-Milling Machine Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Floor-type Boring-Milling Machine Market Size and Volume Forecast by Application
11.4.1. Aerospace Industry
11.4.2. Transportation Industry
11.4.3. Industrial Machinery
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Floor-type Boring-Milling Machine Market Size and Volume Forecast by Type
11.7.1. CNC Boring-Milling Machine
11.7.2. Manual Boring-Milling Machine
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Floor-type Boring-Milling Machine Demand Share, 2019-2029
12. Asia Pacific Floor-type Boring-Milling Machine Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Floor-type Boring-Milling Machine Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Floor-type Boring-Milling Machine Market Size and Volume Forecast by Application
12.4.1. Aerospace Industry
12.4.2. Transportation Industry
12.4.3. Industrial Machinery
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Floor-type Boring-Milling Machine Market Size and Volume Forecast by Type
12.7.1. CNC Boring-Milling Machine
12.7.2. Manual Boring-Milling Machine
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Floor-type Boring-Milling Machine Demand Share, 2019-2029
13. Middle East & Africa Floor-type Boring-Milling Machine Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Floor-type Boring-Milling Machine Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Floor-type Boring-Milling Machine Market Size and Volume Forecast by Application
13.4.1. Aerospace Industry
13.4.2. Transportation Industry
13.4.3. Industrial Machinery
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Floor-type Boring-Milling Machine Market Size and Volume Forecast by Type
13.7.1. CNC Boring-Milling Machine
13.7.2. Manual Boring-Milling Machine
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Floor-type Boring-Milling Machine Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Floor-type Boring-Milling Machine Market: Market Share Analysis
14.2. Floor-type Boring-Milling Machine Distributors and Customers
14.3. Floor-type Boring-Milling Machine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. PAMA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. AZ spa
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DANOBATGROUP
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. LAZZATI
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MHI
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Fermat Machinery
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. FPT Industrie
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Juaristi
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Toshiba Machine
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Doosan
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Q2JC
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. SMTCL
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Kuming Machine Tool
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. China North Industries Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
