The types of machines commonly known in the global machine mounts market are CNC machines, general machine tools, cutting machines, injection molding machines, forming presses, EDM machines, air compressors, etc.
A new research report by Future Market Insights titled ‘Machine Mounts Market: Global Industry Analysis 2012–2016 and Opportunity Assessment 2017–2027’ presents a detailed forecast of the global machine mounts market for the period 2017-2027. The study involves an in-depth approach for market analysis, as there are various designs available under every single category of machine mount types. According to the report, the global machine mounts market is expected to reach a value of over $2,200 Mn by the end of 2027 and is expected to register a robust CAGR of 5.3% during the forecast period.
This growth in revenue is triggered by an improved trade scenario across the world. Government of many countries are making their move towards improving business relations with other developing by framing supportive trade policies. Japan is a prominent player in the global machine mounts market that has been displaying signs of strengthened export business in the last few years.
Global Machine Mounts Market 2012-2021 Outlook Compared to 2022-2027 ForecastThe growing automotive, construction industry and agriculture machinery industry is also anticipated to add to the demand for machine mounts. The last two decades have been revolutionary for some emerging countries, with significant changes in all sectors and economic situations. Many areas have successfully enticed international investors to locate their production units in such locations that demand a higher number of machine mount as well for the expansion of the machine mounts market due to its large consumer base and low-cost equipment.
Moreover, rising industrialization in emerging countries is expected to increase demand for automotive cars, agricultural equipment and other machine tool such as anti-vibration mounts, sandwich mounts and levelling mounts. Furthermore, the government is also backing with greater outsourcing of manufacturing activities from industrialized countries has accelerated industrialization in these developing.
One of the major market drivers is the creation of new manufacturing centers in the region and the emergence of new manufacturing centers in the region is one of the key drivers for the market. Demand growth in the region is being led by a robust increase in manufacturing and industrial output of countries such as China and India.
Demand outlook for machine mounts between 2012 and 2021 remains 4.7% as the pandemic crisis has impacted the market. The high initial cost and lack of professional labor causes the decrement in the demand for mount in various end use sector has impacted the market growth.
General Machine Tools to Dominate Global Market; Western Europe Largest Regional MarketDemands from machinery operations are growing across key industries. Sectors such as automotive, railways, defense, agriculture, medical industry etc., are exhibiting a strong demand for different machines that incorporate machine mounts. General machine tools are expected to have a much larger market size than other machine types.
This segment is expected to reach a market value of over $1,000 Mn by the end of 2027, growing at a CAGR of 5.7% during the forecast period. CNC machines are also expected to be in close competition with general machine tools in terms of growth rate.
Among the regional markets, Western Europe is forecasted to project exceptional growth. With the economic stability and industrial growth, the region is expected to witness highest demand for machine mounts during the forecast period. Japan is projected to be a lucrative regional market for machine mounts with its progressive growth rate.
This comprehensive research report comprises a section dedicated to the analysis of leading companies and their key developments over the years. The report includes a brief profile of all these companies including a SWOT analysis. The report mentions key players like Trelleborg AB, Cummins Inc., LORD Corporation, Hutchinson SA, Total Vibration Solutions Ltd., VibraSystems Inc., Sunnex Group, Nu-Tech Engineering Services Ltd., Rosta AG, Vishwaraj Rubber Industries, Industrial Components Group , Fibet Group, Kurashiki Kako Co., Ltd. etc.
Global Machine Mounts Market by CategoryBy Product Type:
- Leveling Mounts
- Anti-Vibration Mounts
- Sandwich Mounts
By Machine Type:
- CNC Machines
- General Machine Tools
- Cutting Machines
- Injection Molding Machines
- Forming Presses
- EDM Machines
- Air Compressors
By Sales Channel:
- North America
- Latin America
- Eastern Europe
- Western Europe
- South East Asia & Pacific
- Middle East & Africa