Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Multi-Spindle Drilling Machines Market by Type (Vertical Multispindle Drilling Machines, Horizontal Multispindle Drilling Machines), By Application (Automotive, Shipbuilding Industry, Equipment Manufacturing, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Multi-Spindle Drilling Machines Market by Type (Vertical Multispindle Drilling Machines, Horizontal Multispindle Drilling Machines), By Application (Automotive, Shipbuilding Industry, Equipment Manufacturing, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 441609 4200 Machinery & Equipment 377 159 Pages 4.6 (31)
                                          

Market Overview:


The global multi-spindle drilling machines market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for multi-spindle drilling machines in various end-use industries such as automotive, shipbuilding industry, equipment manufacturing, and others. Additionally, the growing demand for high precision and accuracy in machining operations is also fueling the growth of the global multi-spindle drilling machines market. Based on type, vertical multispindle drilling machines are expected to account for a larger share of the global market than horizontal multispindle drilling machines during the forecast period. This can be attributed to their ability to machine large parts with high precision and accuracy. Based on application, automotive is expected to account for a larger share of the global market than other end-use industries duringthe forecast period.


Global Multi-Spindle Drilling Machines Industry Outlook


Product Definition:


Multi-spindle drilling machines are used to drill multiple holes in a workpiece simultaneously. This is important because it speeds up the process of drilling multiple holes, which can be time-consuming on a single-spindle machine.


Vertical Multispindle Drilling Machines:


Vertical multispindle drilling machines are used to drill multiple holes in a straight line. It is also known as z-axis or up-axis drilling machine. The number of vertical spindles can be changed while using this equipment and it allows the operator to carry out different types of work such as surface mining, construction, and tunneling at the same time.


Horizontal Multispindle Drilling Machines:


Horizontal multispindle drilling machines are used to drill multiple holes in a horizontal or vertical plane. Horizontal multispindle drilling machines can be used for various applications including, but not limited to, woodworking, metal cutting and plastic extrusion. The market is segmented on the basis of product type into fixed-speed and variable-speed horizontal multispindle drilling machines.


Application Insights:


The global multi-spindle drilling machines market is segmented by application into automotive, shipbuilding industry, equipment manufacturing and others. The automotive application segment accounted for the largest share in 2017 and is projected to witness significant growth over the forecast period. This can be attributed to increasing demand for high precision components with enhanced features at a lower cost as compared to manual drilling methods.


The need for precise dimensional tolerances in order to achieve higher accuracy while manufacturing critical parts using CNC machining has led manufacturers of industrial machinery & tools including spindles and rotary tables offer advanced solutions that are highly preferred across various industries worldwide such as aerospace & defense, marine etc., which further propels product demand globally.


Regional Analysis:


Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of shipbuilding facilities, which makes it an attractive destination for drilling machines manufacturers. China is one of the largest markets for drilling machines in this region as there are a large number of projects going on in this country, thereby driving demand.


Europe accounted for more than 20% share of global revenue in 2017 owing to high demand from end-users such as shipbuilding industry and equipment manufacturing sector. Countries such as Germany, France and Italy are among the major consumers due to increased spending power among people living there. North America also had a significant share owing to growing demand from U S A and Canada drillings market growth is attributed by increasing investments by oil & gas companies including ExxonMobil Corporation; Halliburton; Anadarko Petroleum Corporation; ConocoPhillips Company; BP psc.; Royal Dutch Shell plc.; Total SA.


Growth Factors:


  • Increasing demand for high-precision drilling machines in the automotive and aerospace industries
  • Rising demand from small and medium-sized enterprises (SMEs)
  • Growing popularity of multi-spindle drilling machines among hobbyists and DIY enthusiasts
  • Technological advancements that have led to the development of more efficient and user-friendly multi-spindle drilling machines
  • The increasing use of multi-spindle drilling machines in applications such as metalworking, woodworking, plastic fabrication, etc

Scope Of The Report

Report Attributes

Report Details

Report Title

Multi-Spindle Drilling Machines Market Research Report

By Type

Vertical Multispindle Drilling Machines, Horizontal Multispindle Drilling Machines

By Application

Automotive, Shipbuilding Industry, Equipment Manufacturing, Other

By Companies

Liang Lih Machine, Premier Ltd., Patson Machines, Sheng Yu, Detel, Chin Minn, Automacad, Toyo Seiki Kogyo, Georg

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

159

Number of Tables & Figures

112

Customization Available

Yes, the report can be customized as per your need.


Global Multi-Spindle Drilling Machines Market Report Segments:

The global Multi-Spindle Drilling Machines market is segmented on the basis of:

Types

Vertical Multispindle Drilling Machines, Horizontal Multispindle Drilling Machines

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

Automotive, Shipbuilding Industry, Equipment Manufacturing, 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:

  1. Liang Lih Machine
  2. Premier Ltd.
  3. Patson Machines
  4. Sheng Yu
  5. Detel
  6. Chin Minn
  7. Automacad
  8. Toyo Seiki Kogyo
  9. Georg

Global Multi-Spindle Drilling Machines Market Overview


Highlights of The Multi-Spindle Drilling Machines Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Vertical Multispindle Drilling Machines
    2. Horizontal Multispindle Drilling Machines
  1. By Application:

    1. Automotive
    2. Shipbuilding Industry
    3. Equipment Manufacturing
    4. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Multi-Spindle Drilling Machines 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:

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Global Multi-Spindle Drilling Machines Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Multi-spindle drilling machines are used for drilling holes in various materials. They have multiple spindles that rotate around a central axis, which makes it possible to drill precise and accurate holes.

Some of the key players operating in the multi-spindle drilling machines market are Liang Lih Machine, Premier Ltd., Patson Machines, Sheng Yu, Detel, Chin Minn, Automacad, Toyo Seiki Kogyo, Georg.

The multi-spindle drilling machines 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 Multi-Spindle Drilling Machines 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 Multi-Spindle Drilling Machines Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Multi-Spindle Drilling Machines 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 Multi-Spindle Drilling Machines 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 Multi-Spindle Drilling Machines Market Size & Forecast, 2020-2028       4.5.1 Multi-Spindle Drilling Machines Market Size and Y-o-Y Growth       4.5.2 Multi-Spindle Drilling Machines 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 Vertical Multispindle Drilling Machines
      5.2.2 Horizontal Multispindle Drilling Machines
   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 Automotive
      6.2.2 Shipbuilding Industry
      6.2.3 Equipment Manufacturing
      6.2.4 Other
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Multi-Spindle Drilling Machines 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 Multi-Spindle Drilling Machines 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 Vertical Multispindle Drilling Machines
      9.6.2 Horizontal Multispindle Drilling Machines
   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 Automotive
      9.10.2 Shipbuilding Industry
      9.10.3 Equipment Manufacturing
      9.10.4 Other
   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 Vertical Multispindle Drilling Machines
      10.6.2 Horizontal Multispindle Drilling Machines
   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 Automotive
      10.10.2 Shipbuilding Industry
      10.10.3 Equipment Manufacturing
      10.10.4 Other
   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 Vertical Multispindle Drilling Machines
      11.6.2 Horizontal Multispindle Drilling Machines
   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 Automotive
      11.10.2 Shipbuilding Industry
      11.10.3 Equipment Manufacturing
      11.10.4 Other
   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 Vertical Multispindle Drilling Machines
      12.6.2 Horizontal Multispindle Drilling Machines
   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 Automotive
      12.10.2 Shipbuilding Industry
      12.10.3 Equipment Manufacturing
      12.10.4 Other
   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 Vertical Multispindle Drilling Machines
      13.6.2 Horizontal Multispindle Drilling Machines
   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 Automotive
      13.10.2 Shipbuilding Industry
      13.10.3 Equipment Manufacturing
      13.10.4 Other
   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 Multi-Spindle Drilling Machines Market: Competitive Dashboard
   14.2 Global Multi-Spindle Drilling Machines Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Liang Lih Machine
      14.3.2 Premier Ltd.
      14.3.3 Patson Machines
      14.3.4 Sheng Yu
      14.3.5 Detel
      14.3.6 Chin Minn
      14.3.7 Automacad
      14.3.8 Toyo Seiki Kogyo
      14.3.9 Georg

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