Machine Shops; Turned Products and Screw; Nut, and Bolt Manufacturing market comprises establishments primarily engaged in operating machine shops, that are using machine tools, such as lathes and automatic screw machines, for turning, boring, threading or otherwise shaping metal, to manufacture parts, other than complete machines, for the trade. Shops that are being set up to do production runs of industrial fasteners, such as bolts, nuts and screws, are also included.
Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing Global Market Size
The global machine shops; turned product; and screw, nut, and bolt manufacturing market was valued at $1497.6 billion in 2017. Asia Pacific was the largest geographic region accounting for $838.8 billion or 56.0% of the global market. China was the largest country accounting for $455.8 billion or 30.4% of the global machine shops; turned product; and screw, nut, and bolt manufacturing market.
Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing Global Market Trend
“Smart” Damper, manufactured by BIG KAISER, is a boring bar that are increasingly being used in lathe applications due to its higher productivity at critical boring depth. Damping is an influence to depress oscillations produced due to high sound in the boring bar. Smart Damper however, is a tool holder whose various parts are coordinated with the damping system in order to give a very précised deep hole finished boring in absence of oscillations. It provides better surface finishing, greater accuracy and increased metal removal rates at significant depths compared to the existing methods.
The companies covered are Infasco, Leland Industries, PCC, EBC Industries, and EJOT Holding.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing Global Market Segmentation
The machine shops; turned product; and screw, nut, and bolt manufacturing market is segmented into Machine Shops;Turned Product And Screw, Nut, And Bolt.
Machine Shops comprises establishments known as machine shops primarily engaged in machining metal and plastic parts and parts of other composite materials on a job or order basis.
Turned Product And Screw, Nut, And Bolt comprises establishments primarily engaged in (1) machining precision turned products or (2) manufacturing metal bolts, nuts, screws, rivets, and other industrial fasteners. Included in this industry are establishments primarily engaged in manufacturing parts for machinery and equipment on a customized basis.