Market Overview:
The global double column machining center market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for high-precision machining centers from various end-use industries, such as automotive and aerospace. In addition, the growing demand for double column machining centers from small and medium enterprises (SMEs) is also contributing to the growth of this market. Based on type, the global double column machining center market can be segmented into drive unit, display and switching unit, charging unit, and others. The drive unit segment is expected to account for a major share of this market in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to its high precision and accuracy requirements in various end-use industries such as automotive and aerospace. Based on application, the global double column machining center market can be divided into commuter vehicles, entertainment industry (movies/theater), industrial machinery & equipment (metalworking), medical devices & implants (dental/orthopedic), transportation infrastructure components (railway tracks), others). The commuter vehicles segment accounted for a major share of this market in 2017 owingto rising demand for automobiles across different regions worldwide.
Product Definition:
A double column machining center is a machine tool that uses two vertical columns to support the table or bed on which the workpiece is mounted. This type of machining center is typically used for heavy-duty milling and boring operations.
Drive Unit:
The drive unit is the part of machining center which drives sprocket wheel to perform work. It's a mechanical device that helps in imparting motion to other parts of machine. The working principle is simple, it’s based on torque transmission and reduction of rotational speed.
In double column machining centers, there are two or more drive units mounted parallel to each other.
Display and Switching Unit:
The display and switching unit (DSU) is a hardware component used in double column machining centers. It helps to monitor the work-in-progress (WIP) on each machine, which enables the operator to maintain an accurate WIP count. The DSU also displays various other information such as spindle speeds, feeds, commanded feed rates, commanded positions of cutting tools etc.
Application Insights:
The entertainment segment dominated the global double column machining center market in terms of revenue in 2017. The application is projected to witness significant growth over the forecast period due to an increase in demand for high-end consumer goods and a growing preference for luxury products among consumers, especially from emerging countries such as China, India and Brazil. In addition, rising demand for precision engineered components and sophisticated electronics devices is expected to propel industry expansion over the coming years.
The other segment includes applications such as aerospace & defense, automotive & transportation equipment manufacturing industries. These sectors are characterized by high production rates with low lead time requirements along with complex designs that require precise dimensional accuracy of manufactured parts. Double column machines play a vital role in reducing scrap rate while increasing productivity across various industrial applications owing to their compact design that enables easy access to tight spaces along with their ability to work at higher speeds than single-column machines do.
Regional Analysis:
Asia Pacific dominated the global double column machining center market in 2017. This is attributed to the presence of a large number of manufacturers and end-users in this region. The growth can also be attributed to increasing demand for automated production lines, which has led to an increase in investments by various companies. For instance, In January 2018, Hyundai Heavy Industries invested USD X million for constructing a new plant that will manufacture heavy machinery including double column machines called VCM (Vikings Machinery Manufacturing) at Pusan South Korea.
The Asia Pacific region is expected to witness significant growth over the forecast period owing to rising demand from countries such as China.
Growth Factors:
- Increasing demand for high precision machining
- Growing demand from the automotive industry
- Rising popularity of double column machining centers in small and medium-sized enterprises (SMEs)
- Technological advancements in double column machining centers
- Growing awareness about the benefits of double column machining centers
Scope Of The Report
Report Attributes
Report Details
Report Title
Double Column Machining Center Market Research Report
By Type
Drive Unit, Display and Switching Unit, Charging Unit, Others
By Application
Commuter, Entertainment, Others
By Companies
Yamaha Motor Co., Ltd., Bosch, Valeo, Continental AG, Shimano, Renesas, MAHLE GmbH, Panasonic Industry Europe GmbH, BionX, Brose Drive, FAZUA GmbH, BULLS Bikes, OLI eBike Systems, SunTour, Pendix GmbH, Bike Fun International
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Double Column Machining Center Market Report Segments:
The global Double Column Machining Center market is segmented on the basis of:
Types
Drive Unit, Display and Switching Unit, Charging Unit, Others
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
Commuter, Entertainment, Others
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:
- Yamaha Motor Co., Ltd.
- Bosch
- Valeo
- Continental AG
- Shimano
- Renesas
- MAHLE GmbH
- Panasonic Industry Europe GmbH
- BionX
- Brose Drive
- FAZUA GmbH
- BULLS Bikes
- OLI eBike Systems
- SunTour
- Pendix GmbH
- Bike Fun International
Highlights of The Double Column Machining Center 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:
- Drive Unit
- Display and Switching Unit
- Charging Unit
- Others
- By Application:
- Commuter
- Entertainment
- Others
- 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 Double Column Machining Center 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 double column machining center is a type of CNC machine that can be used to produce two pieces of metal simultaneously. This type of machine is often used in the manufacturing process for products such as car parts, aircraft parts, and medical devices.
Some of the major players in the double column machining center market are Yamaha Motor Co., Ltd., Bosch, Valeo, Continental AG, Shimano, Renesas, MAHLE GmbH, Panasonic Industry Europe GmbH, BionX, Brose Drive, FAZUA GmbH, BULLS Bikes, OLI eBike Systems, SunTour, Pendix GmbH, Bike Fun International.
The double column machining center market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Double Column Machining Center Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Double Column Machining Center Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Double Column Machining Center Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Double Column Machining Center Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Double Column Machining Center Market Size & Forecast, 2020-2028
4.5.1 Double Column Machining Center Market Size and Y-o-Y Growth
4.5.2 Double Column Machining Center Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Drive Unit
5.2.2 Display and Switching Unit
5.2.3 Charging Unit
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commuter
6.2.2 Entertainment
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Double Column Machining Center Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Double Column Machining Center Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Drive Unit
9.6.2 Display and Switching Unit
9.6.3 Charging Unit
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commuter
9.10.2 Entertainment
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Drive Unit
10.6.2 Display and Switching Unit
10.6.3 Charging Unit
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commuter
10.10.2 Entertainment
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Drive Unit
11.6.2 Display and Switching Unit
11.6.3 Charging Unit
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commuter
11.10.2 Entertainment
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Drive Unit
12.6.2 Display and Switching Unit
12.6.3 Charging Unit
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commuter
12.10.2 Entertainment
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Drive Unit
13.6.2 Display and Switching Unit
13.6.3 Charging Unit
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commuter
13.10.2 Entertainment
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Double Column Machining Center Market: Competitive Dashboard
14.2 Global Double Column Machining Center Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Yamaha Motor Co., Ltd.
14.3.2 Bosch
14.3.3 Valeo
14.3.4 Continental AG
14.3.5 Shimano
14.3.6 Renesas
14.3.7 MAHLE GmbH
14.3.8 Panasonic Industry Europe GmbH
14.3.9 BionX
14.3.10 Brose Drive
14.3.11 FAZUA GmbH
14.3.12 BULLS Bikes
14.3.13 OLI eBike Systems
14.3.14 SunTour
14.3.15 Pendix GmbH
14.3.16 Bike Fun International
