Product Code: VMR112115034
The global demand for Grooving Machine Market is presumed to reach the market size of nearly USD 580.2 Million by 2032 from USD 394.14 Million in 2023 with a CAGR of 4.39% under the study period 2024-2032.
A grooving machine is a specialized tool to create grooves or channels in various materials, such as metal, wood, or plastic. These machines are commonly employed in manufacturing and construction industries for tasks like pipe threading, creating channels for seals or O-rings, and preparing surfaces for welding. It can be manual or automated, offering greater precision and efficiency. They are designed to handle different groove shapes & sizes, making them versatile for numerous applications. Proper use of a machine ensures accurate and consistent results, enhancing the quality and functionality of the finished product.
MARKET DYNAMICS
The growing manufacturing sector, particularly in the automotive, aerospace, and construction industries, requires precision tools like grooving machines to create accurate grooves and channels in various materials. Technological advancements, such as CNC-controlled systems, have significantly improved efficiency and accuracy, making them indispensable in modern manufacturing. The rising adoption of automation & Industry 4.0 practices further propels the need for advanced machines to integrate with automated production lines. Additionally, the rise in infrastructure projects globally boosts the demand for construction machinery, including grooving machines, to meet precise building specifications. The expanding oil and gas industry also relies on these machines for pipeline construction and maintenance. Furthermore, the emphasis on quality and precision in end products across various sectors underscores the importance of high-performance grooving machines. However, the high initial investment and the availability of advanced alternative technologies may challenge market growth in the coming years.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Grooving Machine. The growth and trends of Grooving Machine industry provide a holistic approach to this study.
MARKET SEGMENTATION
This section of the Grooving Machine market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Machine Type
- Manual Grooving Machine
- Semi-automatic Grooving Machine
- Automatic Grooving Machine
By Material
- Concrete Grooving
- Metal Grooving
- Wood Grooving
- Others (Plastic Grooving, etc)
By Production Capacity
- Up to 50 Kg/Hrs
- 51-100 Kg/Hrs
- 101 - 150 Kg/Hrs
- 151 - 200 Kg/Hrs
- Above 201 Kg/Hrs
By Power Consumption
- Up to 3 kW
- 3 -10 kW
- 10 - 20 kW
- Above 20 kW
By End-use Industry
- Construction
- Manufacturing
- Automotive
- Aerospace
- Woodworking
- Others (Electronics, etc.)
By Distribution Channel
- Direct Sales
- Indirect Sales
REGIONAL ANALYSIS
This section covers the regional outlook, which accentuates current and future demand for the Grooving Machine market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Grooving Machine market include Jeet Machine Tools Corporation, Wuxi Shenchong Forging Machine Co Ltd., CIDAN Machinery, Copier, RIDGID Tool Company (Emerson Electric Co.), ZAYER, Guntert & Zimmerman Const. Div. Inc., Hydrapower International Inc., Antec Group Pty Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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TABLE OF CONTENTS
1. PREFACE
- 1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology
2. EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3. GROOVING MACHINE - INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Machine Type
- 3.7.2 Market Attractiveness Analysis By Material
- 3.7.3 Market Attractiveness Analysis By Production Capacity
- 3.7.4 Market Attractiveness Analysis By Power Consumption
- 3.7.5 Market Attractiveness Analysis By End-use Industry
- 3.7.6 Market Attractiveness Analysis By Distribution Channel
- 3.7.7 Market Attractiveness Analysis By Region
4. VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend
5. GLOBAL GROOVING MACHINE MARKET ANALYSIS BY MACHINE TYPE
- 5.1. Overview By Machine Type
- 5.2. Historical and Forecast Data Analysis By Machine Type
- 5.3. Manual Grooving Machine Historic and Forecast Sales By Regions
- 5.4. Semi-automatic Grooving Machine Historic and Forecast Sales By Regions
- 5.5. Automatic Grooving Machine Historic and Forecast Sales By Regions
6. GLOBAL GROOVING MACHINE MARKET ANALYSIS BY MATERIAL
- 6.1. Overview By Material
- 6.2. Historical and Forecast Data Analysis By Material
- 6.3. Concrete Grooving Historic and Forecast Sales By Regions
- 6.4. Metal Grooving Historic and Forecast Sales By Regions
- 6.5. Wood Grooving Historic and Forecast Sales By Regions
- 6.6. Others (Plastic Grooving, etc) Historic and Forecast Sales By Regions
7. GLOBAL GROOVING MACHINE MARKET ANALYSIS BY PRODUCTION CAPACITY
- 7.1. Overview By Production Capacity
- 7.2. Historical and Forecast Data Analysis By Production Capacity
- 7.3. Up to 50 Kg/Hrs Historic and Forecast Sales By Regions
- 7.4. 51-100 Kg/Hrs Historic and Forecast Sales By Regions
- 7.5. 101 - 150 Kg/Hrs Historic and Forecast Sales By Regions
- 7.6. 151 - 200 Kg/Hrs Historic and Forecast Sales By Regions
- 7.7. Above 201 Kg/Hrs Historic and Forecast Sales By Regions
8. GLOBAL GROOVING MACHINE MARKET ANALYSIS BY POWER CONSUMPTION
- 8.1. Overview By Power Consumption
- 8.2. Historical and Forecast Data Analysis By Power Consumption
- 8.3. Up to 3 kW Historic and Forecast Sales By Regions
- 8.4. 3 -10 kW Historic and Forecast Sales By Regions
- 8.5. 10 - 20 kW Historic and Forecast Sales By Regions
- 8.6. Above 20 kW Historic and Forecast Sales By Regions
9. GLOBAL GROOVING MACHINE MARKET ANALYSIS BY END-USE INDUSTRY
- 9.1. Overview By End-use Industry
- 9.2. Historical and Forecast Data Analysis By End-use Industry
- 9.3. Construction Historic and Forecast Sales By Regions
- 9.4. Manufacturing Historic and Forecast Sales By Regions
- 9.5. Automotive Historic and Forecast Sales By Regions
- 9.6. Aerospace Historic and Forecast Sales By Regions
- 9.7. Woodworking Historic and Forecast Sales By Regions
- 9.8. Others (Electronics, etc.) Historic and Forecast Sales By Regions
10. GLOBAL GROOVING MACHINE MARKET ANALYSIS BY DISTRIBUTION CHANNEL
- 10.1. Overview By Distribution Channel
- 10.2. Historical and Forecast Data Analysis By Distribution Channel
- 10.3. Direct Sales Historic and Forecast Sales By Regions
- 10.4. Indirect Sales Historic and Forecast Sales By Regions
11. GLOBAL GROOVING MACHINE MARKET ANALYSIS BY GEOGRAPHY
- 11.1. Regional Outlook
- 11.2. Introduction
- 11.3. North America Sales Analysis
- 11.3.1 Overview, Historic and Forecast Data Sales Analysis
- 11.3.2 North America By Segment Sales Analysis
- 11.3.3 North America By Country Sales Analysis
- 11.3.4 United States Sales Analysis
- 11.3.5 Canada Sales Analysis
- 11.3.6 Mexico Sales Analysis
- 11.4. Europe Sales Analysis
- 11.4.1 Overview, Historic and Forecast Data Sales Analysis
- 11.4.2 Europe By Segment Sales Analysis
- 11.4.3 Europe By Country Sales Analysis
- 11.4.4 United Kingdom Sales Analysis
- 11.4.5 France Sales Analysis
- 11.4.6 Germany Sales Analysis
- 11.4.7 Italy Sales Analysis
- 11.4.8 Russia Sales Analysis
- 11.4.9 Rest Of Europe Sales Analysis
- 11.5. Asia Pacific Sales Analysis
- 11.5.1 Overview, Historic and Forecast Data Sales Analysis
- 11.5.2 Asia Pacific By Segment Sales Analysis
- 11.5.3 Asia Pacific By Country Sales Analysis
- 11.5.4 China Sales Analysis
- 11.5.5 India Sales Analysis
- 11.5.6 Japan Sales Analysis
- 11.5.7 South Korea Sales Analysis
- 11.5.8 Australia Sales Analysis
- 11.5.9 South East Asia Sales Analysis
- 11.5.10 Rest Of Asia Pacific Sales Analysis
- 11.6. Latin America Sales Analysis
- 11.6.1 Overview, Historic and Forecast Data Sales Analysis
- 11.6.2 Latin America By Segment Sales Analysis
- 11.6.3 Latin America By Country Sales Analysis
- 11.6.4 Brazil Sales Analysis
- 11.6.5 Argentina Sales Analysis
- 11.6.6 Peru Sales Analysis
- 11.6.7 Chile Sales Analysis
- 11.6.8 Rest of Latin America Sales Analysis
- 11.7. Middle East & Africa Sales Analysis
- 11.7.1 Overview, Historic and Forecast Data Sales Analysis
- 11.7.2 Middle East & Africa By Segment Sales Analysis
- 11.7.3 Middle East & Africa By Country Sales Analysis
- 11.7.4 Saudi Arabia Sales Analysis
- 11.7.5 UAE Sales Analysis
- 11.7.6 Israel Sales Analysis
- 11.7.7 South Africa Sales Analysis
- 11.7.8 Rest Of Middle East And Africa Sales Analysis
12. COMPETITIVE LANDSCAPE OF THE GROOVING MACHINE COMPANIES
- 12.1. Grooving Machine Market Competition
- 12.2. Partnership/Collaboration/Agreement
- 12.3. Merger And Acquisitions
- 12.4. New Product Launch
- 12.5. Other Developments
13. COMPANY PROFILES OF GROOVING MACHINE INDUSTRY
- 13.1. Top Companies Market Share Analysis
- 13.2. Market Concentration Rate
- 13.3. Jeet Machine Tools Corporation
- 13.3.1 Company Overview
- 13.3.2 Company Revenue
- 13.3.3 Products
- 13.3.4 Recent Developments
- 13.4. Wuxi Shenchong Forging Machine Co Ltd.
- 13.4.1 Company Overview
- 13.4.2 Company Revenue
- 13.4.3 Products
- 13.4.4 Recent Developments
- 13.5. CIDAN Machinery
- 13.5.1 Company Overview
- 13.5.2 Company Revenue
- 13.5.3 Products
- 13.5.4 Recent Developments
- 13.6. Copier
- 13.6.1 Company Overview
- 13.6.2 Company Revenue
- 13.6.3 Products
- 13.6.4 Recent Developments
- 13.7. RIDGID Tool Company (Emerson Electric Co.)
- 13.7.1 Company Overview
- 13.7.2 Company Revenue
- 13.7.3 Products
- 13.7.4 Recent Developments
- 13.8. ZAYER
- 13.8.1 Company Overview
- 13.8.2 Company Revenue
- 13.8.3 Products
- 13.8.4 Recent Developments
- 13.9. Guntert & Zimmerman Const. Div. Inc.
- 13.9.1 Company Overview
- 13.9.2 Company Revenue
- 13.9.3 Products
- 13.9.4 Recent Developments
- 13.10. Hydrapower International Inc.
- 13.10.1 Company Overview
- 13.10.2 Company Revenue
- 13.10.3 Products
- 13.10.4 Recent Developments
- 13.11. Antec Group Pty Ltd
- 13.11.1 Company Overview
- 13.11.2 Company Revenue
- 13.11.3 Products
- 13.11.4 Recent Developments
Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies