Drilling Machines Market Globally Expand At A CAGR of 5.7% During The Period 2017 – 2020

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Drilling is cutting method where a drill bit is used to make a circular cross-section in any solid material. A drill bit is a multi-point rotary cutting tool. It is attached to the machine that makes it rotate at speeds ranging from hundreds to thousands of revolutions per minute. This, when pressed against the workpiece, creates the desired hole by cutting off chips from the workpiece.

Technavios analysts forecast the global drilling machines market to grow at a CAGR of 5.7% during the period 2016-2020.

Covered in this report 
The report covers the present scenario and the growth prospects of the global drilling machines market for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the market.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio’s report, Global Thoracic Surgery Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors 

DATRON
DMTG
DMG MORI
SMTCL

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Other prominent vendors 
Cameron Micro Drill Presses
Ernst Lenz Maschinenbau
Fehlmann
Fives Landis
Forma
Gate Machinery International
Hsin Geeli Hardware Enterprise
Kaufman
LTF
Microlution
Minitool
MTI
Roku
Scantool
Taiwan Winnerstech Machinery
Tongtai Machine & Tool
Yamazaki Mazak

Market driver 
Augmented demand of fabricated metal products.
For a full, detailed list, view our report

Market challenge 

Setbacks in European machine tools manufacturing.
For a full, detailed list, view our report

Market trend 
High-speed steel versus carbide tools.
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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