What is Honing Machines Market Scope?
Honing machines are metal abrading tools and the honing process utilizing hard tooling or honing stones and perishable abrasives stones for the correction of Diameter, Shape, Surface finish, and Positional tolerances of bores. The honing process provides the final sizing and creates the desired finish pattern on the interior of tubing or cylinder bores. Finishing is accomplished by expanding abrasive stones of suitable grit and grade against the work surface. The stones are rotated and reciprocated in the part with hone abrasive under controlled pressure. Combining rotation and reciprocation produces a cross-hatch pattern on the surface of the part being honed.
The Honing Machines market study is being classified by Type (Vertical Machines, Horizontal Machines, Inclined configurations Machines, Automatic Machines and Others), by Application (Automobile/Tractor Field, Aerospace Field, Hydraulic/Seals Field and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Manufacturers from United States will contribute to the maximum growth of Global Honing Machines market throughout the predicted period.
AZ spa (Italy), Pemamo Honing (Switzerland), Gleason (United States), Ohio Tool Works (United States), Gehring (United States), Sunnen Products Company (United States), Nagel Precision Inc. (United States), KADIA Production (Germany), Schlafli Engineering AG (Switzerland) and Urschel Laboratories (United States) are some of the key players profiled in the study.
Analyst at AMA have segmented the market study of Global Honing Machines market by Type, Application and Region.
On the basis of geography, the market of Honing Machines has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Influencers and their development strategies
30th April 2019, Gleason Corporation acquired all the assets of Daetwyler’s Fassler gear honing business from MDC Max Daetwyler AG and Daetwyler Industries AG.
Influencing Market Trend
- Growing adoption of honing machines in end-use industries
- The Increasing demand from Aerospace Industry
- High demand due to widely used in the production of high-speed transmission
- Growing demand from machine tools
- High demand due to the continuous growth in demand for cars, wind turbines, as well as ships and heavy equipment or machinery
- The Rising demand due to technological innovations in the products
- The concern related to the increase in the use of plastic and fiber
Key Target AudienceHoning Machines Manufacturer, Honing Machines Suppliers, Honing Machines Distributors, Government Regulatory Bodies, Government Research Organization, Private Research Organization and Others
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