Machine Tools Market in South Korea 2015-2019

  • Published: Dec 2014
  • Pages: 77
  • SKU: IRTNTR4775

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About Machine Tools
Machine tools are used to cut and shape metals and other materials based on product specification. They provide an effective and efficient method of manufacturing critical components with utmost ease and accuracy. They include metal cutting machine tools, metal forming machine tools, and machine tool accessories. These tools are used extensively by companies across the Automobile, General Machinery, Electric and Electronic, Metal Goods, Steel, Shipbuilding, and Others industries.
TechNavio's analysts forecast the Machine Tools market in South Korea to grow at a CAGR of 6.13 percent over the period 2014-2019.

Covered in this Report
This report covers the present scenario and growth prospects of the Machine Tool market in South Korea for 2015-2019. It also presents key vendor analysis for the Machine Tool market in South Korea with a detailed analysis. The report also presents the vendor landscape and a corresponding detailed analysis of key vendors in the Machine Tool market in South Korea. In addition, the report discusses the major drivers that influence the growth of the Machine Tools market in South Korea and also outlines the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market.
TechNavio's report, the Machine Tool market in South Korea 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Machine Tool market in South Korea landscape and its growth prospects in the coming years.

Key Region
• South Korea
Key Vendors
• Doosan
• Hwacheon
• Hyundai Wia

Other Prominent Vendors
 • Daehan E.D.M
• Fanuc
• Hankook Machine Tools

Market Driver
• Growing Aerospace Industry
• For a full, detailed list, view our report

Market Challenge
• Capital Intensive Market
• For a full, detailed list, view our report

Market Trend
• Increased Facility Investment in Manufacturing Sector
• For a full, detailed list, view our report

Key Questions Answered in this Report
• What will the market size be in 2019 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?

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.


Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases


Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts



  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis


  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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