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Woodworking Machines Market- Global Industry Analysis, Trends, Size, Share and Forecast 2018 to 2026

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The woodworking machines market was valued US$ 4.23 Bn in 2017 and estimated to grow with a CAGR of 3.7% during the forecast period from 2018 to 2026.

— According to a new market research report published by Credence Research "Woodworking Machines Market-Growth, Future Prospects, and Competitive Landscape, 2018-2026," the market for woodworking machines was valued at US$ 4.23 billion in 2017 and estimated to grow with a CAGR of 3.7 percent over the forecast period from 2018 to 2026.

By Product Type: Shapers & Planers, Saws, Jointers, Routers, Wood Lathes and Drilling and Borings
By Sales Channel: Online Retail and Retail Stores
By End-use Industry: Craft & Furniture, Construction, and Marine & Locomotives

The complete report is available at https://www.credenceresearch.com/report/woodworking-machines-market

Market Insights
From ancient weapons to modern furniture, woodworking has a long and inseparable history with human evolution. For almost every civilization on Earth, wood has been the main element of construction and structural architecture. With numerous different metals and composite materials available, wood has maintained its utility, functionality and demand in this modern era. The incorporation of power tools and the introduction of CNC technology has changed the face of today's woodworking with better efficiency and fast working. Professional woodworkers and furniture manufacturers rely extensively on high-quality machines to produce quality products. Consequently, such companies are continuously upgrading their existing machinery and thus boosting demand for woodworking machines. Manufacturers are continually introducing better, easy-to-use machines, thus encouraging DIY and small home project workers to purchase these woodworking machines.

Rapidly flourishing construction industries and continuously rising demand for craft and furniture in Asia Pacific, Middle East & Africa and Latin America developing countries stimulate demand for woodworking machines. Manufacturers identified opportunities and invested in promoting and expanding their geographic presence. The introduction of e-commerce certainly helped manufacturers claim their market share in these developing regions. Maintenance, repair and overhaul processes in the marine and locomotive industries require large-scale processed wood panels. This is also a vital factor for the market for woodworking machines to grow steadily throughout the forecast period from 2018 to 2026.

Rapidly flourishing construction industries and continuously rising demand for craft and furniture in Asia Pacific, Middle East & Africa and Latin America developing countries stimulate demand for woodworking machines. Manufacturers identified opportunities and invested in promoting and expanding their geographic presence. The introduction of e-commerce certainly helped manufacturers claim their market share in these developing regions. Maintenance, repair and overhaul processes in the marine and locomotive industries require large-scale processed wood panels. This is also a vital factor for the market for woodworking machines to grow steadily throughout the forecast period from 2018 to 2026.

Competitive Insights:

Cut-throat competition is been faced by major international companies from local woodworking machine manufacturers due to highly fragmented nature of the market. Product development and constant enhancement in the existing products is one of the prime strategy observed by majority of leading brands to maintain market position. In additon, introduction of e-commerce helped these companies to proliferate their businesses beyond their geographical presence. Few of the major woodworking machines manufacturers includes BLACK+DECKER Inc., Oliver Machinery Co., POWERMATIC, SCM Group, ROJEK Woodworking Machinery, Otto Martin Maschinenbau GmbH & Co. KG, Dura Wood Working Machinery Industry & Trade Company Ltd., Masterwood SpA, Hoffmann-USA, Wadkin, and FELDER KG among others.

Key Analysis Covered:

Latest trends in woodworking machines market and growth opportunities for woodworking machine manufacturers
US$ 400 Bn craft & furniture industry creating a positive impact on the overall woodworking machines market
Different range of products offered by leading manufacturers for several end-use applications
Largest and fastest growing segments in terms of product type, sales channel, and end-use industries
Most prominent geographical regions/ countries for the woodworking machines market
Introduction of e-commerce and computer operated numeric control (CNC) and their effect on market value for woodworking machines market

Get Sample (Free) @ https://www.credenceresearch.com/sample-request/59203

ToC:
Chapter 1 Preface
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Chapter 2 Executive Summary
..............
Chapter 3 Market Dynamics
..............
Chapter 4 Global Woodworking Machines Market Analysis, by Product Type
4.1 Overview
4.2 Shapers & Planers
4.2.1 Global Shapers & Planers for Woodworking Market Value, 2016 – 2026, (US$ Bn)
4.3 Saws
4.3.1 Global Saws for Woodworking Market Value, 2016 – 2026, (US$ Bn)
4.4 Jointers
4.4.1 Global Jointers for Woodworking Market Value, 2016 – 2026, (US$ Bn)
4.5 Routers
4.5.1 Global Routers for Woodworking Market Value, 2016 – 2026, (US$ Bn)
4.6 Grinders
4.6.1 Global Grinders for Woodworking Market Value, 2016 – 2026, (US$ Bn)
4.7 Wood Lathes
4.7.1 Global Wood Lathes for Woodworking Market Value, 2016 – 2026, (US$ Bn)
4.8 Drills & Borings
4.8.1 Global Drills & Borings for Woodworking Market Value, 2016 – 2026, (US$ Bn)

Chapter 5 Global Woodworking Machines Market Analysis, by Sales Channel
5.1 Overview
5.1.1 Woodworking Machines Market Value, by Sales Channel, 2017 & 2026 (Share %)
5.2 Online Retail
5.2.1 Global Online Retail Woodworking Machines Market Value, 2016 – 2026, (US$ Bn)
5.3 Retail Stores
5.3.1 Global Retail Stores Woodworking Machines Market Value, 2016 – 2026, (US$ Bn)

Chapter 6 Global Woodworking Machines Market Analysis, by End-use Industry
6.1 Overview
6.1.1 Woodworking Machines Market Value, by End-use Industry, 2017 & 2026 (Share %)
6.2 Craft & Furniture
6.2.1 Global Woodworking Machines Market Value for Craft & Furniture, 2016 – 2026, (US$ Bn)
6.3 Construction
6.3.1 Global Woodworking Machines Market Value for Construction, 2016 – 2026, (US$ Bn)
6.4 Marine & Locomotive
6.4.1 Global Woodworking Machines Market Value for Marine & Locomotive, 2016 – 2026, (US$ Bn)

Chapter 7 North America Woodworking Machines Market Analysis
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Chapter 8 Europe Woodworking Machines Market Analysis,
...............
Chapter 9 Asia Pacific Woodworking Machines Market Analysis
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Chapter 10 Rest of the World Woodworking Machines Market Analysis
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Chapter 11 Company Profiles
11.1 BLACK+DECKER, Inc.
11.2 Oliver Machinery Co.
11.3 POWERMATIC
11.4 SCM Group
11.5 ROJEK Woodworking Machinery
11.6 Otto Martin Maschinenbau GmbH & Co. KG
11.7 Dura Wood Working Machinery Industry & Trade Company Ltd.
11.8 Masterwood SpA
11.9 Hoffmann-USA
11.10 FELDER KG
11.11 Wadkin

The complete report is available at https://www.credenceresearch.com/report/woodworking-machines-market

About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.

Contact Info:
Name: Chris Smith
Email: Send Email
Organization: Credence Research
Address: 105 N 1st ST #429, SAN JOSE,, CA 95103, United States
Phone: 18003618290
Website: https://www.credenceresearch.com

Source URL: https://marketersmedia.com/woodworking-machines-market-global-industry-analysis-trends-size-share-and-forecast-2018-to-2026/495575

Source: MarketersMedia

Release ID: 495575

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