|[February 15, 2013]
Research and Markets: Computer Numerically Controlled Machine Tools Market in India 2013
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/tp9sg4/computer)
has announced the addition of the "Computer
Numerically Controlled Machine Tools Market in India 2013"
report to their offering.
The CNC Machine Tools Market in India is part of Netscribes'
Manufacturing Series reports. The market will be boosted by the increase
in adoption of CNC machine tools owing to its multiple advantages over
conventional machine tools.
The report provides detailed information about the exports and imports
of both CNC metal cutting and CNC metal forming machines in terms of
value. This section also includes an import chain analysis of CNC
Factors driving te growth of CNC machine tools market in India are also
explained in detail. Healthy economic outlook stimulates the adoption of
CNC machine tools. Growing demand for automobiles and auto components
are one the major factors influencing the growth of the CNC machine
tools market. Well established foundry industry in India provides a
major opportunity for market growth. Growing capital goods industry and
robust medical equipment market has also facilitated the market to grow
The players operating in the market also face challenges which are
hampering their development and growth. Import dependency for critical
CNC components act as major impediments for this market. High cost of
CNC machines also presents a major challenge for market growth.
Depreciation of currency coupled with lack of skilled labour poses major
hindrances in the growth of the CNC machine tools market.
The report concludes with a section on strategic recommendations which
comprises an analysis of the growth strategies of the CNC machine tools
market in India.
- Batliboi Limited
- HMT Limited
- Lakshmi Machine Works Limited
- Premier Limited
- Wendt India Limited
- Ace Designers Limited
- Bharat Fritz Werner Limited
- Jyoti CNC Automation Private Limited
- Doosan Infracore India Private Limited
- HAAS Automation India Private Limited
For more information visit http://www.researchandmarkets.com/research/tp9sg4/computer
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