Market Overview:
The global Swiss turn 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 Swiss turn machines in medical devices, electronics applications, and other industries. In terms of type, the global Swiss turn market is segmented into fully automated and semi-automatic segments. The fully automated segment is expected to grow at a higher CAGR than the semi-automatic segment during the forecast period from 2018 to 2030. In terms of application, medical devices accounted for the largest share of the global Swiss turn market in 2017 and this trend is expected to continue during the forecast period from 2018 to 2030.
Product Definition:
Fully Automated:
Swiss turn is a process of manufacturing rotary motion machines. It includes various operations such as cutting, grinding, polishing and lapping to manufacture precision parts which are used in varied end-use industries such as automotive industry, aerospace industry and medical industry. Swiss turn technology is majorly used for making micro-machining centers which are highly utilized in machining of materials like steel & aluminum and other metal alloys.
Semi-Automatic:
Semi-automatic Swiss turn is a type of automatic machine, which can execute both forward and backward swivel movements. It’s used in the production of various components such as gear wheels, coupling rods, shafts among others. The semi-automatic Swiss turn market is expected to witness significant growth over the forecast period owing to its increasing demand from various end-use industries including automotive & transportation and machinery industry.
Application Insights:
The electronics application segment accounted for the largest share of over 30.0% in 2017. The growing demand for semiconductors is expected to have a positive impact on the Swiss turn industry over the forecast period. In addition, increasing investments by foreign companies in Switzerland are likely to propel industry growth during next eight years from 2018 to 2030.
Medical devices application segment is projected register a CAGR of XX% from 2018 to 2030 owing to high product demand due largely but not exclusivelyto its applications in medical equipment manufacturing such as x-ray and MRI scanners which require precise Swiss turns at high speed.
Other applications include consumer appliances, office machines.
Regional Analysis:
Europe was the largest market for swiss turn machines and accounted for more than 35% of the global revenue in 2017. The region is expected to maintain its lead over the forecast period owing to increasing product demand from several end-use industries, such as medical devices, electronics and others. Switzerland has been a hub of watch manufacturing since 1755 when Abraham Immanuel Breguet established his first watchmaking workshop in La Chaux-de-Fonds city. Over time, this industry has diversified into other areas such as clock radios, kitchen appliances and watches being manufactured in small quantities by hand craftsmanship rather than mass production methods used by big companies across the globe. This trend is expected to continue over next few years which will have a positive impact on industry growth over next eight years (until 2030).
Growth Factors:
- Increasing demand from automotive and aerospace industries for high precision machining services.
- Growing demand for Swiss-type lathes from small- and medium-sized enterprises (SMEs) in the European Union (EU).
- Rising popularity of Swiss Turn machines among job shops and contract manufacturers due to their versatility and accuracy.
- Proliferation of micro-manufacturing operations, which is driving the need for smaller, more affordable Swiss Turn machines.
- Technological advancements that are making Swiss Turn machines faster, more accurate, and easier to operate
Scope Of The Report
Report Attributes
Report Details
Report Title
Swiss Turn Market Research Report
By Type
Fully Automated, Semi-Automatic
By Application
Medical Devices, Electronics Applications, Others
By Companies
Doosan Machine Tools, Tsugami, Tornos, KSI Swiss, Star Micronics, Manurhin K'MX, SWISTEK, Ganesh, JINN FA MACHINE, Chiah Chyun Machinery
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
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Swiss Turn Market Report Segments:
The global Swiss Turn market is segmented on the basis of:
Types
Fully Automated, Semi-Automatic
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
Medical Devices, Electronics Applications, 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:
- Doosan Machine Tools
- Tsugami
- Tornos
- KSI Swiss
- Star Micronics
- Manurhin K'MX
- SWISTEK
- Ganesh
- JINN FA MACHINE
- Chiah Chyun Machinery
Highlights of The Swiss Turn 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:
- Fully Automated
- Semi-Automatic
- By Application:
- Medical Devices
- Electronics Applications
- 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 Swiss Turn 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?
Swiss Turn is a chess opening in which White offers a pawn to Black in order to gain an advantage in position.
Some of the major companies in the swiss turn market are Doosan Machine Tools, Tsugami, Tornos, KSI Swiss, Star Micronics, Manurhin K'MX, SWISTEK, Ganesh, JINN FA MACHINE, Chiah Chyun Machinery.
The swiss turn 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 Swiss Turn 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 Swiss Turn Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Swiss Turn 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 Swiss Turn 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 Swiss Turn Market Size & Forecast, 2018-2028
4.5.1 Swiss Turn Market Size and Y-o-Y Growth
4.5.2 Swiss Turn Market Absolute $ Opportunity
Chapter 5 Global Swiss Turn 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 Swiss Turn Market Size Forecast by Type
5.2.1 Fully Automated
5.2.2 Semi-Automatic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Swiss Turn 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 Swiss Turn Market Size Forecast by Applications
6.2.1 Medical Devices
6.2.2 Electronics Applications
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Swiss Turn 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 Swiss Turn 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 Swiss Turn Analysis and Forecast
9.1 Introduction
9.2 North America Swiss Turn 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 Swiss Turn Market Size Forecast by Type
9.6.1 Fully Automated
9.6.2 Semi-Automatic
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 Swiss Turn Market Size Forecast by Applications
9.10.1 Medical Devices
9.10.2 Electronics Applications
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 Swiss Turn Analysis and Forecast
10.1 Introduction
10.2 Europe Swiss Turn 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 Swiss Turn Market Size Forecast by Type
10.6.1 Fully Automated
10.6.2 Semi-Automatic
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 Swiss Turn Market Size Forecast by Applications
10.10.1 Medical Devices
10.10.2 Electronics Applications
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 Swiss Turn Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Swiss Turn 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 Swiss Turn Market Size Forecast by Type
11.6.1 Fully Automated
11.6.2 Semi-Automatic
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 Swiss Turn Market Size Forecast by Applications
11.10.1 Medical Devices
11.10.2 Electronics Applications
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 Swiss Turn Analysis and Forecast
12.1 Introduction
12.2 Latin America Swiss Turn 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 Swiss Turn Market Size Forecast by Type
12.6.1 Fully Automated
12.6.2 Semi-Automatic
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 Swiss Turn Market Size Forecast by Applications
12.10.1 Medical Devices
12.10.2 Electronics Applications
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) Swiss Turn Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Swiss Turn 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) Swiss Turn Market Size Forecast by Type
13.6.1 Fully Automated
13.6.2 Semi-Automatic
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) Swiss Turn Market Size Forecast by Applications
13.10.1 Medical Devices
13.10.2 Electronics Applications
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 Swiss Turn Market: Competitive Dashboard
14.2 Global Swiss Turn Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Doosan Machine Tools
14.3.2 Tsugami
14.3.3 Tornos
14.3.4 KSI Swiss
14.3.5 Star Micronics
14.3.6 Manurhin K'MX
14.3.7 SWISTEK
14.3.8 Ganesh
14.3.9 JINN FA MACHINE
14.3.10 Chiah Chyun Machinery
