About Screw Machine
A screw machine is an adaption of traditional horizontal lathe machine; it rotates the bar stock while various cutting tools cut and shape the bar stock and separate into many parts like screw, nuts, bolts, and fasteners. The growing demand for durable goods and a strong rebound in motor vehicle output will fuel significant growth in the global screw machine market. The expected sales growth would gain strong participation from emerging markets located in APAC, especially China. These developments should offer new sales opportunities to screw machine manufacturers in countries such as China.

Technavio’s analysts forecast the global screw machine market to grow at a CAGR of 1.56% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global screw machine market for 2017-2021. To calculate the market size, the report considers the average total production of a screw machine.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Screw Machine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Cox Manufacturing
• Eurotech
• Tornos
• INDEX TRAUB

Other prominent vendors
• Davenport Machine
• FANUC
• Metra CNC Lathes and Multi Spindle Machines
• Okuma
• Precision Screw Machine Products
• Valley Machining Company
• Wickman USA
Market driver
• Growth of construction industry
• For a full, detailed list, view our report

Market challenge
• Slow growth in mining industry
• For a full, detailed list, view our report

Market trend
• Growth of construction industry
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.