Europe Broaching Machines Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Type (Horizontal Broaching Machine, Vertical Broaching Machine, Surface Broaching Machine and Others), End-user (Automotive, Metal Fabrication, Aerospace and Defense, Oil and Gas, and Others)
Market Report I 2022-10-11 I 93 Pages I The Insight Partners
The broaching machines market in Europe is expected to grow from US$ 224.90 million in 2022 to US$ 294.17 million by 2028; it is estimated to grow at a CAGR of 4.6% from 2022 to 2028.
Technological advancements and automation in broaching machines is the major factor driving the growth of the Europe broaching machines market. Technological advancements, modern computer numerical control (CNC), support the automation of engineering and manufacturing processes. Developments in nanotechnology and robots, among others, are allowing the deployment of these cutting-edge technologies to enhance the productivity of several industries. Improvements in automation may trigger the adoption of broaching machines worldwide in the coming years. These machines are easy to automate, and they can have manual to fully automatic configurations. Automation apex can be integrated with other machining parts to make final design. In addition, the machines can be automated from the front through software integration along with safety fences or the back with robotic integration without fencing. This also secures easy machine access and integrated optimization with minimal energy footprints.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe broaching machines market. The Europe broaching machines market is expected to grow at a good CAGR during the forecast period.
Europe Broaching Machines Market Revenue and Forecast to 2028 (US$ Million)
Europe Broaching Machines Market Segmentation
Europe broaching machines market is segmented into type, end-user, and country. Based on type, the global broaching machines market is segmented into horizontal broaching machine, vertical broaching machine, surface broaching machine, others. The surface broaching machine segment holds the largest market share in 2022. Based on the end user, the global broaching machines market is bifurcated into automotive, metal fabrication, aerospace and defense, oil and gas, others. Metal Fabrication segment holds the largest market share in 2022. Based on country, the Europe broaching machines market is segmented into Germany, France, Italy, UK, Russia, and the Rest of Europe. Germany held the largest market share in 2022.
HOFFMANN RAUMTECHNIK GMBH, MTE Industries Pvt Ltd., Nachi-Fujikoshi Corp, Stenhoj Hydraulik, The Ohio Broach & Machine Co., and Yeoshe Hydarulics Technology Co. Ltd. are among the leading companies in the Europe broaching machines market.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Broaching Machines Market - By Type
1.3.2 Europe Broaching Machines Market - By End User
1.3.3 Europe Broaching Machines Market - By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Broaching Machines Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Broaching Machines Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Automotive and Aerospace Industries Raising the Demand
5.1.2 High-Precision Systems and Fabricated Metal Products at High Demand
5.2 Market Restraints
5.2.1 High Cost of Machines and Low Replacement Rate
5.3 Market Opportunities
5.3.1 Technological Advancements and Automation in Broaching Machines
5.4 Future Trends
5.4.1 Rise in Adoption in Oil & Gas and Agriculture Sectors
5.5 Impact Analysis of Drivers and Restraints
6. Broaching Machines Market - Europe Analysis
6.1 Europe Broaching Machines Market Overview
6.2 Europe Broaching Machines Market Forecast and Analysis
7. Europe Broaching Machines Market Revenue and Forecast to 2028 - Type
7.1 Overview
7.2 Europe Broaching Machines Market, By Type (2021 And 2028)
7.3 Horizontal Broaching Machine
7.3.1 Overview
7.3.2 Horizontal Broaching Machine: Broaching Machines Market Revenue and Forecast To 2028 (US$ Million)
7.4 Vertical Broaching Machine
7.4.1 Overview
7.4.2 Vertical Broaching Machine: Broaching Machines Market Revenue and Forecast To 2028 (US$ Million)
7.5 Surface Broaching Machine
7.5.1 Overview
7.5.2 Surface Broaching Machine: Broaching Machines Market Revenue and Forecast To 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Broaching Machines Market Revenue and Forecast To 2028 (US$ Million)
8. Broaching Machines Market Revenue and Forecast to 2028 - End User
8.1 Overview
8.2 Europe Broaching Machines Market, By End User (2021 And 2028)
8.3 Automotive
8.3.1 Overview
8.3.2 Automotive: Broaching Machines Market Revenue and Forecast To 2028 (US$ Million)
8.4 Metal Fabrication
8.4.1 Overview
8.4.2 Metal Fabrication: Broaching Machines Market Revenue and Forecast To 2028 (US$ Million)
8.5 Aerospace & Defense
8.5.1 Overview
8.5.2 Aerospace & Defense: Broaching Machines Market Revenue and Forecast To 2028 (US$ Million)
8.6 Oil & Gas
8.6.1 Overview
8.6.2 Oil & Gas: Broaching Machines Market Revenue and Forecast To 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Broaching Machines Market Revenue and Forecast To 2028 (US$ Million)
9. Europe Broaching Machines Market - Country Analysis
9.1 Overview
9.1.1 Europe: Broaching Machines, by Key Country
9.1.1.1 France: Broaching Machines - Revenue, and Forecast to 2028 (US$ Million)
9.1.1.1.1 France: Broaching Machines, By Type
9.1.1.1.2 France: Broaching Machines Market, By End User
9.1.1.2 Germany: Broaching Machines - Revenue, and Forecast to 2028 (US$ Million)
9.1.1.2.1 Germany: Broaching Machines, By Type
9.1.1.2.2 Germany: Broaching Machines Market, By End User
9.1.1.3 UK: Broaching Machines - Revenue, and Forecast to 2028 (US$ Million)
9.1.1.3.1 UK: Broaching Machines, By Type
9.1.1.3.2 UK: Broaching Machines Market, By End User
9.1.1.4 Italy: Broaching Machines - Revenue, and Forecast to 2028 (US$ Million)
9.1.1.4.1 Italy: Broaching Machines, By Type
9.1.1.4.2 Italy: Broaching Machines Market, By End User
9.1.1.5 Russia: Broaching Machines - Revenue, and Forecast to 2028 (US$ Million)
9.1.1.5.1 Russia: Broaching Machines, By Type
9.1.1.5.2 Russia: Broaching Machines Market, By End User
9.1.1.6 Rest of Europe: Broaching Machines - Revenue, and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of Europe: Broaching Machines, By Type
9.1.1.6.2 Rest of Europe: Broaching Machines Market, By End User
10. Industry Landscape
10.1 Market Initiative
11. Company Profiles
11.1 HOFFMANN RAUMTECHNIK GMBH
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 MTE Industries Pvt Ltd.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 NACHI-FUJIKOSHI CORP
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Stenhoj Hydraulik
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 The Ohio Broach & Machine Co.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Yeoshe Hydraulics Technology Co., Ltd.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary
LIST OF TABLES
Table 1. Europe Broaching Machines Market, Revenue and Forecast, 2019-2028 (US$ Million)
Table 2. France: Broaching Machines, By Type -Revenue and Forecast to 2028 (US$ Million)
Table 3. France: Broaching Machines Market, By End User -Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany: Broaching Machines, By Type -Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany: Broaching Machines Market, By End User -Revenue and Forecast to 2028 (US$ Million)
Table 6. UK: Broaching Machines, By Type -Revenue and Forecast to 2028 (US$ Million)
Table 7. UK: Broaching Machines Market, By End User -Revenue and Forecast to 2028 (US$ Million)
Table 8. Italy: Broaching Machines, By Type -Revenue and Forecast to 2028 (US$ Million)
Table 9. Italy: Broaching Machines Market, By End User -Revenue and Forecast to 2028 (US$ Million)
Table 10. Russia: Broaching Machines, By Type -Revenue and Forecast to 2028 (US$ Million)
Table 11. Russia: Broaching Machines Market, By End User -Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of Europe: Broaching Machines, By Type -Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Europe: Broaching Machines Market, By End User -Revenue and Forecast to 2028 (US$ Million)
Table 14. Glossary of Terms, Europe Broaching Machines Market
LIST OF FIGURES
Figure 1. Europe Broaching Machines Market Segmentation
Figure 2. Europe Broaching Machines Market Segmentation - Country
Figure 3. Europe Broaching Machines Market Overview
Figure 4. Europe Broaching Machines Market, By Type
Figure 5. Europe Broaching Machines Market, By End User
Figure 6. Europe Broaching Machines Market, By Country
Figure 7. Europe: PEST Analysis
Figure 8. Europe Broaching Machines Market Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. Europe Broaching Machines Market: Impact Analysis of Drivers and Restraints
Figure 11. Europe Broaching Machines Market, Forecast and Analysis (US$ Million)
Figure 12. Europe Broaching Machines Market, By Type (2021 and 2028)
Figure 13. Europe Horizontal Broaching Machine: Broaching Machines Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Europe Vertical Broaching Machine: Broaching Machines Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Surface Broaching Machine: Broaching Machines Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe Others: Broaching Machines Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe Broaching Machines Market, By End User (2021 and 2028)
Figure 18. Europe Automotive: Broaching Machines Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Metal Fabrication: Broaching Machines Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe Aerospace & Defense: Broaching Machines Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Europe Oil & Gas: Broaching Machines Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Europe Others: Broaching Machines Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe: Broaching Machines, by Key Country - Revenue (2021) (US$ Million)
Figure 24. Europe: Broaching Machines Revenue Share, by Key Country (2021 and 2028)
Figure 25. France: Broaching Machines - Revenue, and Forecast to 2028 (US$ Million)
Figure 26. Germany: Broaching Machines - Revenue, and Forecast to 2028 (US$ Million)
Figure 27. UK: Broaching Machines - Revenue, and Forecast to 2028 (US$ Million)
Figure 28. Italy: Broaching Machines - Revenue, and Forecast to 2028 (US$ Million)
Figure 29. Russia: Broaching Machines - Revenue, and Forecast to 2028 (US$ Million)
Figure 30. Rest of Europe: Broaching Machines - Revenue, and Forecast to 2028 (US$ Million)
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