Market Overview:
The global graphite 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 graphite machining centers from various end-use industries, such as machinery industry, metallurgy, and chemical industry. In terms of type, the global graphite machining center market is segmented into graphite cutting and high-speed processing center. The high-speed processing center segment is expected to grow at a higher CAGR than the other type segments during the forecast period. This can be attributed to its ability to offer superior performance in terms of speed and accuracy while machining different types of materials. In terms of application, the global graphite machining center market is divided into three segments: machinery industry, metallurgy, and chemical industry.
Product Definition:
A Graphite Machining Center is a machine tool used to shape or cut parts from graphite and other materials. The importance of the Graphite Machining Center is that it can produce high quality parts with tight tolerances.
Graphite Cutting:
The global graphite cutting, it's usage and growth factor in the graphite machining center market size was valued at USD 3.5 million in 2015.
High-Speed Graphite Processing Center:
The high-speed graphite processing center is a new innovative concept in the manufacturing industry. It helps to reduce machining time and optimize production by using high-speed steel cutting tools with superior wear resistance. The processing center consists of five major components, which include spooling equipment, feeder mechanism, cooling system, magnetic stirrer and heating system.
These systems help to increase the speed of steel cutting process by reducing cycle time through improved flow characteristics.
Application Insights:
The machinery industry accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The rising demand for graphite machining centers in this application segment can be attributed to their properties, such as high cutting speed, long life, low maintenance cost and small space requirement. In addition, these machines are used to process various materials including steel & aluminum alloys, composites and hardwood plywood among others.
The chemical industry is anticipated to witness a significant growth rate over the forecast period owing to increasing investments by major players in this sector for R&D activities related with new product development & technological innovations. Furthermore, increasing focus of major chemical companies on reducing manufacturing costs through automation is further expected to drive the demand from this sector over the next few years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to increasing demand from the automotive, aerospace and defense, electronics and electrical industries. The region is expected to maintain its dominance over the forecast period due to growing industrialization along with rapid urbanization.
The growth of various end-use industries in developing economies such as China and India has resulted in increased demand for GGM machines tools. In addition, rising investments by multinational companies for expanding their production capabilities are anticipated to drive industry expansion over the next eight years.
North America accounted for a significant share of revenue generated by selling high-speed processing centers that enable automated handling of large volumes of material at high speeds with reduced human effort required on operator’s part thus improving workplace efficiency & safety standards while reducing overall operating costs associated with manual operations compared to other conventional methods used till now across various manufacturing facilities especially within U.S., Canada & Mexico).
Growth Factors:
- Increasing demand for graphite from various end-use industries such as automotive, aerospace, and defense
- Growing popularity of electric vehicles and rise in demand for lightweight materials
- Rising investments in research and development activities for the development of new applications of graphite
- Increasing use of composites in various end-use industries
- Growing demand from emerging economies
Scope Of The Report
Report Attributes
Report Details
Report Title
Graphite Machining Center Market Research Report
By Type
Graphite Cutting, High-Speed Graphite Processing Center
By Application
Mechinery Industry, Metallurgy, Chemical Industry
By Companies
Makino, OKK, Litz Hitech Corp., Takumi, Haiyc, Prompt, Yantai Jinpeng Mining Machinery, Georg Fischer AG
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
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Graphite Machining Center Market Report Segments:
The global Graphite Machining Center market is segmented on the basis of:
Types
Graphite Cutting, High-Speed Graphite Processing Center
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
Mechinery Industry, Metallurgy, Chemical Industry
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:
- Makino
- OKK
- Litz Hitech Corp.
- Takumi
- Haiyc
- Prompt
- Yantai Jinpeng Mining Machinery
- Georg Fischer AG
Highlights of The Graphite 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:
- Graphite Cutting
- High-Speed Graphite Processing Center
- By Application:
- Mechinery Industry
- Metallurgy
- Chemical Industry
- 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 Graphite 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 Graphite Machining Center is a machine that uses graphite to create parts or products. It can be used for a variety of purposes, such as manufacturing parts for cars and airplanes, making tools and other equipment, or creating prosthetic limbs.
Some of the major players in the graphite machining center market are Makino, OKK, Litz Hitech Corp., Takumi, Haiyc, Prompt, Yantai Jinpeng Mining Machinery, Georg Fischer AG.
The graphite machining center market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Graphite 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 Graphite Machining Center Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Graphite 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 Graphite 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 Graphite Machining Center Market Size & Forecast, 2020-2028
4.5.1 Graphite Machining Center Market Size and Y-o-Y Growth
4.5.2 Graphite 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 Graphite Cutting
5.2.2 High-Speed Graphite Processing Center
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 Mechinery Industry
6.2.2 Metallurgy
6.2.3 Chemical Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Graphite 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 Graphite 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 Graphite Cutting
9.6.2 High-Speed Graphite Processing Center
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 Mechinery Industry
9.10.2 Metallurgy
9.10.3 Chemical Industry
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 Graphite Cutting
10.6.2 High-Speed Graphite Processing Center
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 Mechinery Industry
10.10.2 Metallurgy
10.10.3 Chemical Industry
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 Graphite Cutting
11.6.2 High-Speed Graphite Processing Center
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 Mechinery Industry
11.10.2 Metallurgy
11.10.3 Chemical Industry
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 Graphite Cutting
12.6.2 High-Speed Graphite Processing Center
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 Mechinery Industry
12.10.2 Metallurgy
12.10.3 Chemical Industry
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 Graphite Cutting
13.6.2 High-Speed Graphite Processing Center
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 Mechinery Industry
13.10.2 Metallurgy
13.10.3 Chemical Industry
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 Graphite Machining Center Market: Competitive Dashboard
14.2 Global Graphite Machining Center Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Makino
14.3.2 OKK
14.3.3 Litz Hitech Corp.
14.3.4 Takumi
14.3.5 Haiyc
14.3.6 Prompt
14.3.7 Yantai Jinpeng Mining Machinery
14.3.8 Georg Fischer AG
