Broaching Machine Market Growth, Demand and Challenges of the Key Industry Players 2024-32 - PowerPoint PPT Presentation

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Broaching Machine Market Growth, Demand and Challenges of the Key Industry Players 2024-32

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According to the latest research report by IMARC Group, The global broaching machine market size reached US$ 256.4 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 462.2 Million by 2032, exhibiting a growth rate (CAGR) of 6.56% during 2024-2032. More Info:- – PowerPoint PPT presentation

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Title: Broaching Machine Market Growth, Demand and Challenges of the Key Industry Players 2024-32


1
Global Broaching Machine Market Research and
Forecast Report 2024-2032
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
    management strategy and market research
    worldwide. We partner with clients in all regions
    and industry verticals to identify their
    highest-value opportunities, address their most
    critical challenges, and transform their
    businesses.
  • IMARCs information products include major
    market, scientific, economic and technological
    developments for business leaders in
    pharmaceutical, industrial, and high technology
    organizations. Market forecasts and industry
    analysis for biotechnology, advanced materials,
    chemicals, food and beverage, travel and tourism,
    nanotechnology and novel processing methods are
    at the top of the companys expertise.
  • IMARCs tailored approach combines unfathomable
    insight into the dynamics of companies and
    markets with close cooperation at all levels of
    the client organization. This ensures that our
    clients achieve unmatchable competitive
    advantage, build more proficient organizations,
    and secure lasting results.

3
Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "Broaching Machine Market Global Industry
    Trends, Share, Size, Growth, Opportunity and
    Forecast 2024-2032," the global broaching machine
    market size reached US 256.4 Million in 2023.
  • A broaching machine is a machining tool used to
    create complex shapes in metal or other
    materials. Broaching is a process that involves
    pushing or pulling a cutting tool (called a
    broach) through a workpiece to remove material
    and create a specific shape, such as a keyway,
    spline, or gear. The broaching process is
    typically performed in a single pass, which can
    save time and increase accuracy compared to other
    machining methods. A broaching machine can be
    operated manually, mechanically, or
    hydraulically, depending on the specific
    application and the desired level of control.
  • It has various accessories, such as coolant
    systems, automatic tool changers, and in-process
    measurement systems, to improve efficiency and
    accuracy. It is used in various industries,
    including automotive, aerospace, medical, and
    defense. It is often used to create internal
    features in metal components, such as gears,
    bearings, and engine blocks. The precision and
    accuracy of broaching make it a popular choice
    for applications requiring tight tolerances and
    complex shapes.
  • Request for a PDF sample of this report
    https//www.imarcgroup.com/broaching-machine-marke
    t/requestsample

4
Report Description
  • Global Broaching Machine Market Trends
  • The global market is majorly driven by the
    increasing demand for complex metal components in
    industries, such as automotive, aerospace, and
    defense. In line with this, the rising demand for
    precision engineering and the growing adoption of
    advanced manufacturing technologies are
    significantly contributing to the market. Several
    key players are continually innovating to improve
    the efficiency and accuracy of broaching machines
    and offer various types and sizes to meet the
    needs of various industries. Furthermore, the
    ongoing development of new and innovative
    broaching machine solutions is positively
    influencing the market. Apart from this,
    continual advancements in broaching machine
    technology, such as the development of electric
    and hybrid broaching machines, are expected to
    catalyze the market. Besides, the increasing
    focus on reducing production costs and improving
    operational efficiency is bolstering the market.
    The rising usage of broaching machines in the
    medical industry for producing precision medical
    devices and components is strengthening the
    market. The emergence of automated manufacturing
    systems, the growing trend of Industry 4.0, and
    the adoption of smart manufacturing practices are
    offering numerous opportunities for market
    expansion. The escalating demand for electric
    vehicles (EVs) and the use of broaching machines
    in producing EV components are creating a
    positive outlook for the market. Additionally,
    the increasing demand for lightweight materials
    in various industries, such as aerospace and
    automotive, is providing an impetus to the
    market.
  • Looking forward, the market is anticipated to
    reach a value of US 462.2 Million by 2032,
    exhibiting a CAGR of 6.56 during 2024-2032.
  • View Report TOC, Figures and Tables
    https//www.imarcgroup.com/broaching-machine-marke
    t

5
Report Segmentation
  • Breakup by Type
  • Vertical Broaching Machine
  • Horizontal Broaching Machine
  •  
  • Breakup by End User
  • Automotive Industry
  • Industrial Machinery
  • Precision Engineering Machine
  • Others
  • Breakup by Region
  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

6
Competitive Landscape with Key Players
  • American Broach Machine Company
  • Apex Broaching Systems
  • Arthur Klink GmbH
  • Axisco Precision Machinery Co. Ltd.
  • Broaching Machine Specialties
  • Colonial Tool Group Inc.
  • Federal Broach Machine Company
  • Forst Technologie GmbH Co. KG
  • NACHI-Fujikoshi Corp.
  • Pioneer Broach Company
  • Stenhøj Hydraulik A/S
  • Suntech Landriani Machine Tools Pvt. Ltd.
  • The Ohio Broach Machine Co.

7
Key Questions Answered in the Report
8
Key Questions Answered in the Report
9
Table of Contents
  • 1    Preface2    Scope and Methodology    2.1  
     Objectives of the Study    2.2  
     Stakeholders    2.3    Data Sources       
    2.3.1    Primary Sources        2.3.2  
     Secondary Sources    2.4    Market Estimation 
          2.4.1    Bottom-Up Approach        2.4.2  
     Top-Down Approach    2.5    Forecasting
    Methodology3    Executive Summary4  
     Introduction    4.1    Overview    4.2    Key
    Industry Trends5    Global Broaching Machine
    Market    5.1    Market Overview    5.2  
     Market Performance    5.3    Impact of
    COVID-19  5.4    Market Forecast
  • 6     Market Breakup by Type
  • 6.1 Vertical Broaching Machine
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
  • 6.2 Horizontal Broaching Machine
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
  • 7 Market Breakup by End User
  • 7.1 Automotive Industry
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast       

10
Table of Contents
  • 7.2 Industrial Machinery
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
  • 7.3 Precision Engineering Machine
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
  • 7.4 Others
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast
  • 8 Market Breakup by Region
  • 8.1 North America
  • 8.1.1 United States
  • 8.1.1.1 Market Trends
  • 8.1.1.2 Market Forecast
  • 8.1.2 Canada
  • 8.1.2.1 Market Trends
  • 8.1.2.2 Market Forecast
  • 8.2 Asia-Pacific
  • 8.2.1 China

11
Partial List of Clients
12
Partial List of Clients
13
Disclaimer
  • 2024 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
    Consulting (IMARC). No part of this publication
    may be reproduced, repackaged, redistributed or
    resold in whole or in any part. The publication
    may also not be used in any form or by and means
    graphic electronic or mechanical, including
    photocopying, recording, taping or by information
    storage or retrieval, or by any other form,
    without the express consent of International
    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
    publication.
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
    other trademarks used in this publication are
    registered trademarks of their respective
    companies.

14
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