Global Boring-Milling Machine Market Growth 2023-2029

Global Boring-Milling Machine Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Boring-Milling Machine Industry Forecast” looks at past sales and reviews total world Boring-Milling Machine sales in 2022, providing a comprehensive analysis by region and market sector of projected Boring-Milling Machine sales for 2023 through 2029. With Boring-Milling Machine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Boring-Milling Machine industry.

This Insight Report provides a comprehensive analysis of the global Boring-Milling Machine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Boring-Milling Machine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Boring-Milling Machine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Boring-Milling Machine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Boring-Milling Machine.

The global Boring-Milling Machine market size is projected to grow from US$ 1096.5 million in 2022 to US$ 1004.5 million in 2029; it is expected to grow at a CAGR of 1004.5 from 2023 to 2029.

Asia-Pacific is the largest Boring-Milling Machine market with about 43% market share. Europe is follower, accounting for about 37% market share.

The key players are PAMA, AZ spa, DANOBATGROUP, LAZZATI, MHI, Fermat Machinery, FPT Industrie, Juaristi, Toshiba Machine, Doosan, Q2JC, SMTCL, Kuming Machine Tool, China North Industries Group etc. Top 3 companies occupied about 28% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Boring-Milling Machine market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
CNC Type
Ordinary Type

Segmentation by application
Aerospace Industry
Transportation Industry
Industrial Machinery
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
PAMA
AZ spa
DANOBATGROUP
LAZZATI
MHI
Fermat Machinery
FPT Industrie
Juaristi
Toshiba Machine
Doosan
Q2JC
SMTCL
Kuming Machine Tool
China North Industries Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Boring-Milling Machine market?

What factors are driving Boring-Milling Machine market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Boring-Milling Machine market opportunities vary by end market size?

How does Boring-Milling Machine break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.