Global Single Vertical Balancing Machine Market Growth 2023-2029

Global Single Vertical Balancing Machine Market Growth 2023-2029

A balancing machine is a measuring tool used for balancing rotating machine parts such as rotors for electric motors, fans, turbines, disc brakes, disc drives, propellers and pumps. The machine usually consists of two rigid pedestals, with suspension and bearings on top supporting a mounting platform. The unit under test is bolted to the platform and is rotated either with a belt-, air-, or end-drive. As the part is rotated, the vibration in the suspension is detected with sensors and that information is used to determine the amount of unbalance in the part. Along with phase information, the machine can determine how much and where to add or remove weights to balance the part.
LPI (LP Information)' newest research report, the “Single Vertical Balancing Machine Industry Forecast” looks at past sales and reviews total world Single Vertical Balancing Machine sales in 2022, providing a comprehensive analysis by region and market sector of projected Single Vertical Balancing Machine sales for 2023 through 2029. With Single Vertical Balancing Machine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Single Vertical Balancing Machine industry.
This Insight Report provides a comprehensive analysis of the global Single Vertical Balancing 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 Single Vertical Balancing Machine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Single Vertical Balancing Machine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Single Vertical Balancing 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 Single Vertical Balancing Machine.
The global Single Vertical Balancing Machine market size is projected to grow from US$ 196.6 million in 2022 to US$ 240.3 million in 2029; it is expected to grow at a CAGR of 240.3 from 2023 to 2029.
Global Single Vertical Balancing Machine key players include Schenck, DSK, Kokusai, Haimer, CEMB, etc. Global top five manufacturers hold a share about 65%. Europe is the largest market, with a share about 45%, followed by North America, with a share about 25 percent. In terms of product, Automatic Balancing Machine is the largest segment, with a share about 90%. And in terms of application, the largest application is Auto Industry, followed by Heavy Industry, Home Appliances, Aviation Industry, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Single Vertical Balancing Machine market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Manual Balancing Machine
Automatic Balancing Machine
Segmentation by application
Heavy Industry
Auto Industry
Aviation Industry
Home Appliances
Others
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.
SCHENCK
KOKUSAI.
DSK
Haimer
CWT
Schiak
Beijing Keeven
Balance United
Shanghai Jianping
BalanStar
BalanceMaster
Nan Jung
CEMB
Hofmann
Cimat
Xiaogansonglin
Key Questions Addressed in this Report
What is the 10-year outlook for the global Single Vertical Balancing Machine market?
What factors are driving Single Vertical Balancing Machine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Single Vertical Balancing Machine market opportunities vary by end market size?
How does Single Vertical Balancing 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.