Market Overview:
The global multiple spindle heads 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-speed machining across different industries. Additionally, the growing demand for customized products is also fueling the growth of this market. On the basis of type, the global multiple spindle heads market can be segmented into 2 spindle heads, 3 spindle heads, 4 spindle heads and other types. Among these, 3 spindle head type is expected to witness highest growth during the forecast period owing to its ability to provide high speed machining with superior accuracy and finish quality. Based on application, construction industry is expected to account for majority share in terms of revenue in 2018 followed by industrial and automotive applications respectively.
Product Definition:
Multiple spindle heads are a type of machine tool that has multiple cutting tools mounted on it. This allows the machine to work on multiple parts at the same time, which speeds up the manufacturing process.
2 Spindle Heads:
2 spindle heads is a term used for the situation where there are two independent robotic systems mounted on top of each other, connected by a single shaft. The spindles in 2-spindle head systems can be mounted on any type of bases such as cartesian, polar or hybrid.
The key driver for the growth of this market is its ability to offer higher production rates with fewer errors at reduced costs and increased flexibility compared to traditional manufacturing methods.
3 Spindle Heads:
3 spindle heads is a term used to define the equipment that has three independent spindle drivers mounted on it. The most common application of 3-spindle head equipment is found in high volume production environments where there are many different types of work pieces being machined at the same time.
The advantages associated with using 3-spindles over 2-spindles are numerous; however, one of the major advantages includes increased flexibility when it comes to tooling.
Application Insights:
The construction industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to factors such as increasing housing projects, population, and urbanization across countries such as India, China, U.K., Brazil etc. This trend is projected to continue over the next few years thereby driving demand for MSEHs in this application segment.
Industrial applications include chemical plants & refineries, utilities (power generation), food & beverage processing facilities (canning lines/freezer lines), pulp & paper mills among others which require high precision spindle heads for production machinery components including extruders and screws along with other related equipment that requires multiple rotational speeds of material feeding or through it directly into finished products at a faster rate of speed resulting in higher productivity levels compared to single-spindle counterparts while also reducing energy consumption by up-to 50%.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for high performance spindle heads in various applications, such as industrial, construction and automotive. In addition, rising investments by governments in developing countries are expected to drive the manufacturing sector of these economies which will propel product demand further. For instance, China’s 13th Five-Year Plan (2016 - 2020) has envisaged significant investments in infrastructure development which is likely to boost product demand across different industries including transportation and construction over the next few years.
The Asia Pacific region accounted for a share of more than 30% of global production and consumption owing to rapid industrialization along with growing population primarily in China and India resulting into increased spending on consumer goods along with automobiles leading into higher equipment sales across several industries including metal processing etc.
Growth Factors:
- Increasing demand for high-speed machining in the automotive and aerospace industries
- Growing popularity of multitasking machines that can use multiple spindle heads to perform different operations simultaneously
- Advances in technology that have made multiple spindle heads more reliable and efficient
- Rising demand for customized parts and components due to the growth of the customization trend in manufacturing
- The increasing use of 3D printing technology to produce complex parts with multiple features
Scope Of The Report
Report Attributes
Report Details
Report Title
Multiple Spindle Heads Market Research Report
By Type
2 Spindle Heads, 3 Spindle Heads, 4 Spindle Heads, Other
By Application
Construction, Industrial, Automotive, Other
By Companies
Hypneumat, Zagar, Blackalloy, E2 Systems, EWS Weigele, Hypneumat
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
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Multiple Spindle Heads Market Report Segments:
The global Multiple Spindle Heads market is segmented on the basis of:
Types
2 Spindle Heads, 3 Spindle Heads, 4 Spindle Heads, Other
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
Construction, Industrial, Automotive, 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:
- Hypneumat
- Zagar
- Blackalloy
- E2 Systems
- EWS Weigele
- Hypneumat
Highlights of The Multiple Spindle Heads 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:
- 2 Spindle Heads
- 3 Spindle Heads
- 4 Spindle Heads
- Other
- By Application:
- Construction
- Industrial
- Automotive
- 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 Multiple Spindle Heads 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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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?
Multiple spindle heads are a feature on some sewing machines that allow you to sew multiple fabrics at the same time.
Some of the major companies in the multiple spindle heads market are Hypneumat, Zagar, Blackalloy, E2 Systems, EWS Weigele, Hypneumat.
The multiple spindle heads 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 Multiple Spindle Heads 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 Multiple Spindle Heads Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Multiple Spindle Heads 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 Multiple Spindle Heads 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 Multiple Spindle Heads Market Size & Forecast, 2020-2028
4.5.1 Multiple Spindle Heads Market Size and Y-o-Y Growth
4.5.2 Multiple Spindle Heads 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 2 Spindle Heads
5.2.2 3 Spindle Heads
5.2.3 4 Spindle Heads
5.2.4 Other
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 Construction
6.2.2 Industrial
6.2.3 Automotive
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Multiple Spindle Heads 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 Multiple Spindle Heads 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 2 Spindle Heads
9.6.2 3 Spindle Heads
9.6.3 4 Spindle Heads
9.6.4 Other
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 Construction
9.10.2 Industrial
9.10.3 Automotive
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 2 Spindle Heads
10.6.2 3 Spindle Heads
10.6.3 4 Spindle Heads
10.6.4 Other
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 Construction
10.10.2 Industrial
10.10.3 Automotive
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 2 Spindle Heads
11.6.2 3 Spindle Heads
11.6.3 4 Spindle Heads
11.6.4 Other
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 Construction
11.10.2 Industrial
11.10.3 Automotive
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 2 Spindle Heads
12.6.2 3 Spindle Heads
12.6.3 4 Spindle Heads
12.6.4 Other
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 Construction
12.10.2 Industrial
12.10.3 Automotive
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 2 Spindle Heads
13.6.2 3 Spindle Heads
13.6.3 4 Spindle Heads
13.6.4 Other
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 Construction
13.10.2 Industrial
13.10.3 Automotive
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 Multiple Spindle Heads Market: Competitive Dashboard
14.2 Global Multiple Spindle Heads Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hypneumat
14.3.2 Zagar
14.3.3 Blackalloy
14.3.4 E2 Systems
14.3.5 EWS Weigele
14.3.6 Hypneumat
