Broaching Machine Market
Broaching Machine Market Study by Vertical and Horizontal Broaching Machines for Automotive, Fabrication & Industrial Machinery Manufacturing, and Aerospace & Defense from 2024 to 2034
Analysis of Broaching Machine Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Broaching Machine Market Outlook (2024 to 2034)
According to a recently published market study by Fact.MR, the global broaching machine market is evaluated at US$ 1.28 billion for 2024 and is forecast to rise at a CAGR of 4.3% to reach US$ 1.96 billion by the end of 2034.
Increasing demand for broaching machines is closely linked to the overall growth and expansion of the manufacturing sector. With noteworthy growth in multiple industries, including machinery manufacturing, aerospace, and automotive, an increase in the demand for broaching machines is encountered. These machines are used to create different parts.
Some industries, such as defense, medical devices, and aerospace, have stringent requirements for precision machining. Broaching machines can produce complex and precise shapes with tight tolerances, making them more essential for matching the requirements set for quality standards. Constant replacement requirements for broaching machines due to wear and tear are estimated to contribute to revenue streams.
- North America is anticipated to contribute 43.2% share of the global market by 2034-end.
- Demand for broaching machines in Japan is projected to increase at a CAGR of 4.4% from 2024 to 2034.
- Sales of vertical broaching machines are forecasted to rise at 4.3% CAGR and reach US$ 819.8 million by 2034.
- While product sales for the near term are expected to rise sluggishly, the market will pick up in the latter half of 2024 to 2034.
The growing customization trend in numerous industries is generating requirements for flexible manufacturing processes. Broaching machines with an efficient capacity to handle parts of different sizes and configurations are becoming more popular to support the requirements of flexible manufacturing. Manufacturers from diverse industries are opting for ways to improve productivity and cost efficiency in their operations. Broaching machines with faster cycle times, energy efficiency, and reduced setup times are estimated to help manufacturers optimize their production procedures and stay competitive.
A noteworthy expansion of infrastructure projects, including the construction of power plants, factories, and transportation networks, is set to increase demand for machinery and equipment. With an expansion of the infrastructure, requirements for precision-machined components are estimated to broaden.
| Report Attributes | Details |
|---|---|
| Broaching Machine Market Size (2024E) | US$ 1.28 Billion |
| Forecasted Market Value (2034F) | US$ 1.96 Billion |
| Global Market Growth Rate (2024 to 2034) | 4.3% CAGR |
| Market Share of East Asia (2034F) | 24.6% |
| Mexico Market Growth Rate (2024 to 2034) | 4.7% CAGR |
| Market Share of Automotive Segment (2034F) | 38.3% |
| Key Companies Profiled |
|
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Which Factors are Influencing Broaching Machine Market Growth?
“Heavy Industry Driving Demand for Broaching Machines”
Broaching machines are utilized to perform numerous tasks in heavy industries. They help in the manufacturing of numerous industrial components as well as sub-assembly parts, including gears, splines, and shafts. Expansion of the heavy industrial sectors, for instance, machinery making, aeronautics, shipbuilding, marine, and automotive, is anticipated to lead to the rising incidences of broaching operations, which generate demand for related products.
Growing expenditure by various government bodies and private firms to operate heavy industries is also forecast to increase demand for broaching machines in the coming 10 years.
“Rising Inclination toward CNC-incorporated Machine Tools”
In recent years, a noteworthy increase in the requirements for CNC (computerized numerical control)-incorporated machine tools has been encountered, which is further driving demand for broaching machines. CNC machines adhere effectively to design specifications. The effectiveness of CNC broaching machines is estimated to improve with the utilization of software and servo technology. Further, these machines are projected to offer advantages, such as high precision and energy savings during key formation and gear making. Automation of the complete metal cutting and metal fabrication process is anticipated to improve product quality.
Which Factors are Estimated to Limit Expansion of Broaching Machine Market Size?
“Higher Prices of Machines Hindering Market Growth”
Broaching machines are accepted as an ideal solution for mass production. However, some special tools are required for the performance of each process. These machines are less suitable for obstruction-based surfaces, which leads to their limited use.
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How are Startups Striving to Gain a Competitive Edge in This Market?
“Technological Advancements in Broaching Machines”
The involvement of new companies in constant advancements in broaching machine technology, including computer numerical control (CNC) capability, integration of smart features, and automation, is projected to contribute to market growth. These advancements are estimated to improve productivity, accuracy, and efficiency, making broaching machines more attractive for manufacturers concentrating on improving production processes.
Country-wise Insights
North America is set to account for 43.2% share of the global market by the end of 2034, according to the newly published analysis by Fact.MR, a market research and competitive intelligence provider. The dominance of the region is attributed to the growing adoption of broaching machines in the manufacturing process.
How is the Market for Broaching Machines Placed in the United States?
“Multifaceted Application of Broaching Machines in the Country”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 426.1 Million |
| Growth Rate (2024 to 2034) | 4.3% CAGR |
| Projected Value (2034F) | US$ 650 Million |
Around 77% share of the North American market is forecast to be held by the United States by the end of 2034. Growing demand for products manufactured from fabricated metal is projected to increase sales of broaching machines. In addition, the machine tool-cutting industry in the country is projected to account for a noteworthy portion of metal manufacturing in comparison to the forming technology.
Drilling, lathes, milling, broaching, and boring are projected to be used as key tools for machine tool cutting. Constant advancements in technology and the expansion of company footprints are forecast to contribute to generating opportunities for suppliers of broaching machines in the United States.
What Prospects Await Broaching Machine Suppliers in China?
“Presence of Well-established Manufacturing and Automotive Sectors”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 190.5 Million |
| Growth Rate (2024 to 2034) | 4.4% CAGR |
| Projected Value (2034F) | US$ 293.1 Million |
The Chinese market is set to hold a 60.9% share of East Asian by the end of 2034. Noteworthy growth in China is attributed to the presence of a well-established manufacturing sector. Moreover, the growing production of automobiles in the country is projected to lead to the implementation of stringent regulations, which result in rising operational costs, and thus lead to the adoption of broaching machines. The presence of some of the leading suppliers in China is anticipated to generate a revenue stream.
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Category-wise Insights
Growing sales of vertical broaching machines are attributed to their increased need from the metal industry to match the rising needs of numerous industries, including automotive, defense, and aerospace.
Which Type of Broaching Machine is Highly Sought After?
“Growing Use of Vertical Broaching Machines in Several Industries”
| Attribute | Vertical Broaching Machines |
|---|---|
| Segment Value (2024E) | US$ 536.8 Million |
| Growth Rate (2024 to 2034) | 4.3% CAGR |
| Projected Value (2034F) | US$ 819.8 Million |
Vertical broaching machines are forecast to account for 41.9% share of the global market by the end of 2034. The prominence of these machines is due to the increasing demand from several industries, including defense, automotive, and aerospace. This is projected to become one of the key factors contributing to the demand for vertical broaching machines. Moreover, an increasing demand for vertical broaching machines from car enterprises, metal business aviation, and other similar industries is projected to aid market growth. The booming automotive and aviation industries are also set to positively influence broaching machine market trends.
Which Industry Accounts for High Usage of Broaching Machines?
“Growing Demand for Broaching Machines in Automotive Industry”
| Attribute | Automotive |
|---|---|
| Segment Value (2024E) | US$ 490.6 Million |
| Growth Rate (2024 to 2034) | 4.3% CAGR |
| Projected Value (2034F) | US$ 749.4 Million |
The automotive industry is anticipated to contribute 38.3% of the broaching machine market share by the end of 2034. These broaching machines are utilized in numerous automotive operations to produce transmission shafts, steering yokes, steering wheel hubs, gears, etc. Manufacturers of automotive gears are working to bring improvements to the production of external planetary gears. With the growing adoption of electric and hybrid vehicles, an increase in the sales of quieter gears is experienced. Internal helical broaching is considered a pocket-friendly choice for mass production that too with minimal use of product mix.
Competitive Landscape
Leading manufacturers of broaching machines are investing in new developments, management of supply chain systems, and quality control of products. They are relying on partnerships and acquisitions with existing large-, medium-, and small-scale vendors.
For instance :
- CNC Broach Tool LLC, in September 2022, announced offering indexable carbide spline inserts, which fit well into its present tools. These inserts are utilized to punch broach not only in external but also internal involute edges.
Key players in the broaching machine industry are The Ohio Broach & Machine Co., Mitsubishi Materials Corporation, Accu-Cut Diamond Tool Co., American Broach & Machine Company, Arthur Klink GmbH, Pioneer Broach Company, Nachi-Fujikoshi Corp., General Broach Company, Hoffmann Rumtechnik GmbH, and Forst Technologies GmbH & Co. KG.
Segmentation of Broaching Machine Market Research
-
By Product Type :
- Vertical Broaching Machines
- Horizontal Broaching Machines
- Others
-
By End Use :
- Automotive
- Fabrication & Industrial Machinery Manufacturing
- Aerospace & Defense
- Others
-
By Region :
- North America
- Europe
- East Asia
- Latin America
- Middle East & Africa
- South Asia & Oceania
Table of Content
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 2.3. Inclusions/Exclusions 3. Key Market Trends 3.1. Key Trends Impacting the Market 3.2. Product Type modifications /Innovation 4. Key Success Factors 4.1. Strategic Developments 4.2. Key regulations 4.3. Product Type USPs /Technology 4.4. List of Manufacturers and Providers 5. Market Background 5.1. Macro-Economic Factors 5.1.1. Global GDP Outlook 5.1.2. Increasing R&D Expenditure 5.2. Forecast Factors - Relevance & Impact 5.2.1. New Product Type launches 5.2.2. Cost of Product Types 5.3. Market Dynamics 5.3.1. Drivers 5.3.2. Restraints 5.3.3. Opportunity Analysis 6. Global Market Volume (Units) Analysis 2018 to 2023 and Forecast, 2024 to 2034 6.1. Historical Market Volume (Units) Analysis, 2018 to 2023 6.2. Current and Future Market Volume (Units) Projections, 2024 to 2034 6.2.1. Y-o-Y Growth Trend Analysis 7. Global Market - Pricing Analysis 7.1. Regional Pricing Analysis By Product Type 7.2. Pricing Break-up 7.2.1. Manufacturer Level Pricing 7.2.2. Distributor Level Pricing 7.3. Global Average Pricing Analysis Benchmark 8. Global Market Value Analysis 2018 to 2023 and Forecast, 2024 to 2034 8.1. Historical Market Value (US$ Mn) Analysis, 2018 to 2023 8.2. Current and Future Market Value (US$ Mn) Projections, 2024 to 2034 8.2.1. Y-o-Y Growth Trend Analysis 8.2.2. Absolute $ Opportunity Analysis 9. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Product Type 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ Mn) Analysis By Product Type, 2018 to 2023 9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Product Type, 2024 to 2034 9.3.1. Vertical Broaching Machines 9.3.2. Horizontal Broaching Machines 9.3.3. Others 9.4. Market Attractiveness Analysis By Product Type 10. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by End Use 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Mn) Analysis By End Use, 2018 to 2023 10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By End Use, 2024 to 2034 10.3.1. Automotive 10.3.2. Fabrication & Industrial Machinery Manufacturing 10.3.3. Aerospace & Defense 10.3.4. Others 10.4. Market Attractiveness Analysis By End Use 11. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Region 11.1. Introduction 11.2. Historical Market Size (US$ Mn) Analysis By Region, 2018 to 2023 11.3. Current Market Size (US$ Mn) Analysis and Forecast By Region, 2024 to 2034 11.3.1. North America 11.3.2. Latin America 11.3.3. Europe 11.3.4. East Asia 11.3.5. South Asia 11.3.6. Oceania 11.3.7. Middle East and Africa (MEA) 11.4. Market Attractiveness Analysis By Region 12. North America Market Analysis 2018 to 2023 and Forecast 2024 to 2034 12.1. Introduction 12.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 12.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024 to 2034 12.3.1. By Country 12.3.1.1. U.S. 12.3.1.2. Canada 12.3.2. By Product Type 12.3.3. By End Use 12.4. Market Attractiveness Analysis 12.5. Key Market Participants - Intensity Mapping 12.6. Drivers and Restraints - Impact Analysis 13. Latin America Market Analysis 2018 to 2023 and Forecast 2024 to 2034 13.1. Introduction 13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 13.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024 to 2034 13.3.1. By Country 13.3.1.1. Brazil 13.3.1.2. Mexico 13.3.1.3. Argentina 13.3.1.4. Rest of Latin America 13.3.2. By Product Type 13.3.3. By End Use 13.4. Market Attractiveness Analysis 13.5. Key Market Participants - Intensity Mapping 13.6. Drivers and Restraints - Impact Analysis 14. Europe Market Analysis 2018 to 2023 and Forecast 2024 to 2034 14.1. Introduction 14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 14.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024 to 2034 14.3.1. By Country 14.3.1.1. Germany 14.3.1.2. Italy 14.3.1.3. France 14.3.1.4. U.K. 14.3.1.5. Spain 14.3.1.6. Russia 14.3.1.7. Rest of Europe 14.3.2. By Product Type 14.3.3. By End Use 14.4. Market Attractiveness Analysis 14.5. Key Market Participants - Intensity Mapping 14.6. Drivers and Restraints - Impact Analysis 15. South Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034 15.1. Introduction 15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 15.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024 to 2034 15.3.1. By Country 15.3.1.1. India 15.3.1.2. Thailand 15.3.1.3. Indonesia 15.3.1.4. Malaysia 15.3.1.5. Rest of South Asia 15.3.2. By Product Type 15.3.3. By End Use 15.4. Market Attractiveness Analysis 15.5. Key Market Participants - Intensity Mapping 15.6. Drivers and Restraints - Impact Analysis 16. East Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034 16.1. Introduction 16.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 16.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024 to 2034 16.3.1. By Country 16.3.1.1. China 16.3.1.2. Japan 16.3.1.3. South Korea 16.3.1.4. Rest of East Asia 16.3.2. By Product Type 16.3.3. By End Use 16.4. Market Attractiveness Analysis 16.5. Key Market Participants - Intensity Mapping 16.6. Drivers and Restraints - Impact Analysis 17. Oceania Market Analysis 2018 to 2023 and Forecast 2024 to 2034 17.1. Introduction 17.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 17.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024 to 2034 17.3.1. By Country 17.3.1.1. Australia 17.3.1.2. New Zealand 17.3.2. By Product Type 17.3.3. By End Use 17.4. Market Attractiveness Analysis 17.5. Key Market Participants - Intensity Mapping 17.6. Drivers and Restraints - Impact Analysis 18. Middle East and Africa Market Analysis 2018 to 2023 and Forecast 2024 to 2034 18.1. Introduction 18.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 18.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024 to 2034 18.3.1. By Country 18.3.1.1. GCC Countries 18.3.1.2. South Africa 18.3.1.3. Rest of Middle East and Africa 18.3.2. By Product Type 18.3.3. By End Use 18.4. Market Attractiveness Analysis 18.5. Drivers and Restraints - Impact Analysis 19. Key and Emerging Countries Market Analysis 2018 to 2023 and Forecast 2024 to 2034 19.1. Introduction 19.1.1. Market Value Proportion Analysis, By Key Countries 19.1.2. Global Vs. Country Growth Comparison 19.2. U.S. Market Analysis 19.2.1. By Product Type 19.2.2. By End Use 19.3. Canada Market Analysis 19.3.1. By Product Type 19.3.2. By End Use 19.4. Mexico Market Analysis 19.4.1. By Product Type 19.4.2. By End Use 19.5. Brazil Market Analysis 19.5.1. By Product Type 19.5.2. By End Use 19.6. U.K. Market Analysis 19.6.1. By Product Type 19.6.2. By End Use 19.7. Germany Market Analysis 19.7.1. By Product Type 19.7.2. By End Use 19.8. France Market Analysis 19.8.1. By Product Type 19.8.2. By End Use 19.9. Italy Market Analysis 19.9.1. By Product Type 19.9.2. By End Use 19.10. Spain Market Analysis 19.10.1. By Product Type 19.10.2. By End Use 19.11. BENELUX Market Analysis 19.11.1. By Product Type 19.11.2. By End Use 19.12. Russia Market Analysis 19.12.1. By Product Type 19.12.2. By End Use 19.13. China Market Analysis 19.13.1. By Product Type 19.13.2. By End Use 19.14. Japan Market Analysis 19.14.1. By Product Type 19.14.2. By End Use 19.15. South Korea Market Analysis 19.15.1. By Product Type 19.15.2. By End Use 19.16. India Market Analysis 19.16.1. By Product Type 19.16.2. By End Use 19.17. ASEAN Market Analysis 19.17.1. By Product Type 19.17.2. By End Use 19.18. Australia Market Analysis 19.18.1. By Product Type 19.18.2. By End Use 19.19. New Zealand Market Analysis 19.19.1. By Product Type 19.19.2. By End Use 19.20. GCC Countries Market Analysis 19.20.1. By Product Type 19.20.2. By End Use 19.21. Turkey Market Analysis 19.21.1. By Product Type 19.21.2. By End Use 19.22. South Africa Market Analysis 19.22.1. By Product Type 19.22.2. By End Use 20. Market Structure Analysis 20.1. Market Analysis by Tier of Companies 20.2. Market Concentration 20.3. Market Share Analysis of Top Players 20.4. Market Presence Analysis 20.4.1. By Regional footprint of Players 20.4.2. Product Type foot print by Players 20.4.3. Channel Foot Print by Players 21. Competition Analysis 21.1. Competition Dashboard 21.2. Competition Benchmarking 21.3. Competition Deep dive 21.3.1. The Ohio Broach & Machine Co. 21.3.1.1. Overview 21.3.1.2. Product Type Portfolio 21.3.1.3. Profitability by Market Segments (Product Type/Channel/Region) 21.3.1.4. Sales Footprint 21.3.1.5. Strategy Overview 21.3.2. Mitsubishi Materials Corporation 21.3.2.1. Overview 21.3.2.2. Product Type Portfolio 21.3.2.3. Profitability by Market Segments (Product Type/Channel/Region) 21.3.2.4. Sales Footprint 21.3.2.5. Strategy Overview 21.3.3. Accu-Cut Diamond Tool Co. 21.3.3.1. Overview 21.3.3.2. Product Type Portfolio 21.3.3.3. Profitability by Market Segments (Product Type/Channel/Region) 21.3.3.4. Sales Footprint 21.3.3.5. Strategy Overview 21.3.4. American Broach & Machine Company 21.3.4.1. Overview 21.3.4.2. Product Type Portfolio 21.3.4.3. Profitability by Market Segments (Product Type/Channel/Region) 21.3.4.4. Sales Footprint 21.3.4.5. Strategy Overview 21.3.5. Arthur Klink GmbH 21.3.5.1. Overview 21.3.5.2. Product Type Portfolio 21.3.5.3. Profitability by Market Segments (Product Type/Channel/Region) 21.3.5.4. Sales Footprint 21.3.5.5. Strategy Overview 21.3.6. Pioneer Broach Company 21.3.6.1. Overview 21.3.6.2. Product Type Portfolio 21.3.6.3. Profitability by Market Segments (Product Type/Channel/Region) 21.3.6.4. Sales Footprint 21.3.6.5. Strategy Overview 21.3.7. Nachi-Fujikoshi Corp. 21.3.7.1. Overview 21.3.7.2. Product Type Portfolio 21.3.7.3. Profitability by Market Segments (Product Type/Channel/Region) 21.3.7.4. Sales Footprint 21.3.7.5. Strategy Overview 21.3.8. General Broach Company 21.3.8.1. Overview 21.3.8.2. Product Type Portfolio 21.3.8.3. Profitability by Market Segments (Product Type/Channel/Region) 21.3.8.4. Sales Footprint 21.3.8.5. Strategy Overview 21.3.9. Hoffmann Rumtechnik GmbH 21.3.9.1. Overview 21.3.9.2. Product Type Portfolio 21.3.9.3. Profitability by Market Segments (Product Type/Channel/Region) 21.3.9.4. Sales Footprint 21.3.9.5. Strategy Overview 21.3.10. Forst Technologies GmbH & Co. KG 21.3.10.1. Overview 21.3.10.2. Product Type Portfolio 21.3.10.3. Profitability by Market Segments (Product Type/Channel/Region) 21.3.10.4. Sales Footprint 21.3.10.5. Strategy Overview 22. Assumptions and Acronyms Used 23. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By End Use
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By End Use
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By End Use
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By End Use
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By End Use
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By End Use
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By End Use
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By End Use
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2023
Figure 02: Global Market Volume Forecast (in 000' Units), 2024 to 2034
Figure 03: Pricing Analysis (US$) Per Product Type, By Region, 2023
Figure 04: Pricing Analysis (US$) Per Product Type, By Region, 2023
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2023
Figure 06: Global Market Value Forecast (US$ Mn), 2024 to 2034
Figure 07: Global Market Absolute $ Opportunity, 2024 to 2034
Figure 08: Global Market Share Analysis (%), By Product Type, 2024 to 2034
Figure 09: Global Market Y-o-Y Analysis (%), By Product Type, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 11: Global Market Share Analysis (%), By End Use, 2024 to 2034
Figure 12: Global Market Y-o-Y Analysis (%), By End Use, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 14: Global Market Share Analysis (%), By Region, 2024 to 2034
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 17: North America Market Value Share, By Product Type, 2024 (E)
Figure 18: North America Market Value Share, By End Use, 2024 (E)
Figure 19: North America Market Value Share, By Country, 2024 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2023
Figure 21: North America Market Value Forecast (US$ Mn), 2024 to 2034
Figure 22: North America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 24: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 25: Latin America Market Value Share, By Product Type, 2024 (E)
Figure 26: Latin America Market Value Share, By End Use, 2024 (E)
Figure 27: Latin America Market Value Share, By Country, 2024 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2023
Figure 29: Latin America Market Value Forecast (US$ Mn), 2024 to 2034
Figure 30: Latin America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 31: Latin America Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 32: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 33: Europe Market Value Share, By Product Type, 2024 (E)
Figure 34: Europe Market Value Share, By End Use, 2024 (E)
Figure 35: Europe Market Value Share, By Country, 2024 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2023
Figure 37: Europe Market Value Forecast (US$ Mn), 2024 to 2034
Figure 38: Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 39: Europe Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 40: Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 41: South Asia Market Value Share, By Product Type, 2024 (E)
Figure 42: South Asia Market Value Share, By End Use, 2024 (E)
Figure 43: South Asia Market Value Share, By Country, 2024 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2023
Figure 45: South Asia Market Value Forecast (US$ Mn), 2024 to 2034
Figure 46: South Asia Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 47: South Asia Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 48: South Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 49: East Asia Market Value Share, By Product Type, 2024 (E)
Figure 50: East Asia Market Value Share, By End Use, 2024 (E)
Figure 51: East Asia Market Value Share, By Country, 2024 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2023
Figure 53: East Asia Market Value Forecast (US$ Mn), 2024 to 2034
Figure 54: East Asia Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 55: East Asia Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 56: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 57: Oceania Market Value Share, By Product Type, 2024 (E)
Figure 58: Oceania Market Value Share, By End Use, 2024 (E)
Figure 59: Oceania Market Value Share, By Country, 2024 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2023
Figure 61: Oceania Market Value Forecast (US$ Mn), 2024 to 2034
Figure 62: Oceania Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 63: Oceania Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 64: Oceania Market Attractiveness Analysis by Country, 2024 to 2034
Figure 65: Middle East and Africa Market Value Share, By Product Type, 2024 (E)
Figure 66: Middle East and Africa Market Value Share, By End Use, 2024 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2024 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2023
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2024 to 2034
Figure 70: Middle East and Africa Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 71: Middle East and Africa Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: UNITED STATES Market Value Analysis (US$ Mn), 2024 & 2034
Figure 74: UNITED STATES Market Value Share, By Product Type, 2024 (E)
Figure 75: UNITED STATES Market Value Share, By End Use, 2024 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2024 & 2034
Figure 77: Canada Market Value Share, By Product Type, 2024 (E)
Figure 78: Canada Market Value Share, By End Use, 2024 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2024 & 2034
Figure 80: Mexico Market Value Share, By Product Type, 2024 (E)
Figure 81: Mexico Market Value Share, By End Use, 2024 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2024 & 2034
Figure 83: Brazil Market Value Share, By Product Type, 2024 (E)
Figure 84: Brazil Market Value Share, By End Use, 2024 (E)
Figure 85: UNITED KINGDOM Market Value Analysis (US$ Mn), 2024 & 2034
Figure 86: UNITED KINGDOM Market Value Share, By Product Type, 2024 (E)
Figure 87: UNITED KINGDOM Market Value Share, By End Use, 2024 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2024 & 2034
Figure 89: Germany Market Value Share, By Product Type, 2024 (E)
Figure 90: Germany Market Value Share, By End Use, 2024 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2024 & 2034
Figure 92: France Market Value Share, By Product Type, 2024 (E)
Figure 93: France Market Value Share, By End Use, 2024 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2024 & 2034
Figure 95: Italy Market Value Share, By Product Type, 2024 (E)
Figure 96: Italy Market Value Share, By End Use, 2024 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2024 & 2034
Figure 98: Spain Market Value Share, By Product Type, 2024 (E)
Figure 99: Spain Market Value Share, By End Use, 2024 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2024 & 2034
Figure 101: Russia Market Value Share, By Product Type, 2024 (E)
Figure 102: Russia Market Value Share, By End Use, 2024 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2024 & 2034
Figure 104: China Market Value Share, By Product Type, 2024 (E)
Figure 105: China Market Value Share, By End Use, 2024 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2024 & 2034
Figure 107: Japan Market Value Share, By Product Type, 2024 (E)
Figure 108: Japan Market Value Share, By End Use, 2024 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2024 & 2034
Figure 110: South Korea Market Value Share, By Product Type, 2024 (E)
Figure 111: South Korea Market Value Share, By End Use, 2024 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2024 & 2034
Figure 113: India Market Value Share, By Product Type, 2024 (E)
Figure 114: India Market Value Share, By End Use, 2024 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2024 & 2034
Figure 116: ASEAN Market Value Share, By Product Type, 2024 (E)
Figure 117: ASEAN Market Value Share, By End Use, 2024 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2024 & 2034
Figure 119: Australia Market Value Share, By Product Type, 2024 (E)
Figure 120: Australia Market Value Share, By End Use, 2024 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2024 & 2034
Figure 122: New Zealand Market Value Share, By Product Type, 2024 (E)
Figure 123: New Zealand Market Value Share, By End Use, 2024 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2024 & 2034
Figure 125: GCC Countries Market Value Share, By Product Type, 2024 (E)
Figure 126: GCC Countries Market Value Share, By End Use, 2024 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2024 & 2034
Figure 128: Turkey Market Value Share, By Product Type, 2024 (E)
Figure 129: Turkey Market Value Share, By End Use, 2024 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2024 & 2034
Figure 131: South Africa Market Value Share, By Product Type, 2024 (E)
Figure 132: South Africa Market Value Share, By End Use, 2024 (E)
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- FAQs -
How big is the broaching machine market size in 2024?
The global broaching machine market is calculated to reach US$ 1.28 billion in 2024.
What value is the demand for broaching machines projected to reach by 2034?
Worldwide demand for broaching machines is projected to reach a valuation of US$ 1.96 billion by 2034.
At what CAGR are the sales of broaching machines forecasted to rise?
The market for broaching machines is projected to advance at 4.3% CAGR from 2024 to 2034.
What is the contribution of North America to global market revenue?
North America is expected to hold 43.2% share of global market revenue by 2034.
At what rate is the demand for broaching machines projected to increase in Japan?
The market in Japan is approximated to advance at a CAGR of 4.4% from 2024 to 2034.
What is the demand outlook for vertical broaching machines?
Demand for vertical broaching machines is projected to increase at a CAGR of 4.3% and reach a value of US$ 819.8 billion by 2034.
Broaching Machine Market