The global Boring-Milling Machine market was valued at 1253.82 Million USD in 2021 and will grow with a CAGR of 1.12% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Boring-Milling Machine, also called boring mills, is mainly used in the boring process. In machining, boring is the process of enlarging a hole that has already been drilled (or cast) by means of a single-point cutting tool (or of a boring head containing several such tools). Boring is used to achieve greater accuracy of the diameter of a hole, and can be used to cut a tapered hole.Boring mills can be dived into horizontal type, vertical type according to its working methods. Besides, boring mill can also be classified as CNC type and ordinary type. CNC type represents highest technology level. Thus, the price of CNC type has great gap with ordinary one. In 2017, about 58.79% boring mills are CNC type. CNC type will also experience faster growth in the coming few years. Asia-Pacifica is the also largest consumption region in 2017, with 46.30% market share. Europe is the second consumers, with volume of 878 units. Some countries in like Brazil, South Africa, depend on importing to meet demand

By Market Verdors:

PAMA

AZ spa

DANOBATGROUP

LAZZATI

MHI

Fermat Machinery

FPT Industrie

Juaristi

Toshiba Machine

Doosan

Q2JC

SMTCL

Kuming Machine Tool

China North Industries Group

By Types:

CNC Boring-Milling Machine

Ordinary Boring-Milling Machine

By Applications:

Aerospace Industry

Transportation Industry

Industrial Machinery

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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