Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Broaching Machines market in this environment.
In terms of revenue, this research report indicated that the global Broaching Machines market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Broaching Machines industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The AMERICAN BROACH & MACHINE COMPANY aims at producing XX Broaching Machines in 2020, with XX % production to take place in global market, AXISCO PRECISION MACHINERY accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Broaching Machines Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Broaching Machines Market?
AMERICAN BROACH & MACHINE COMPANY
AXISCO PRECISION MACHINERY
MITSUBISHI HEAVY INDUSTRIES
NACHI-FUJIKOSHI
The Ohio Broach & Machine
...
Major Type of Broaching Machines Covered in XYZResearch report:
Vertical broaching machines
Horizontal broaching machines
Others
Application Segments Covered in XYZResearch Market
Automotive
Fabrication and Industrial Machinery Manufacturing
Aerospace & Defense
Oil and Gas
Energy
Others
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Broaching Machines Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Vertical broaching machines -Product Introduction and Major Manufacturers
1.1.2 Horizontal broaching machines -Product Introduction and Major Manufacturers
1.1.3 Others -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Broaching Machines Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Broaching Machines Market
3.1.1 Top Companies leading Broaching Machines Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Broaching Machines Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Broaching Machines Market
3.2.1 Top Companies leading Broaching Machines Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Broaching Machines Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Broaching Machines Market
3.3.1 Top Companies leading Broaching Machines Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Broaching Machines Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Broaching Machines Market
3.4.1 Top Companies leading Broaching Machines Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Broaching Machines Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Broaching Machines Market
3.5.1 Top Companies leading Broaching Machines Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Broaching Machines Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Broaching Machines Market
3.6.1 Top Companies leading Broaching Machines Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Broaching Machines Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Broaching Machines Market
3.7.1 Top Companies leading Broaching Machines Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Broaching Machines Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Broaching Machines Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Broaching Machines Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Broaching Machines Sales and Growth Rate (2021-2026)
5.2 Global Broaching Machines Sales Value and Growth Rate (2021-2026)
6 Broaching Machines Competitive Analysis
6.1 AMERICAN BROACH & MACHINE COMPANY
6.1.1 AMERICAN BROACH & MACHINE COMPANY Company Profiles
6.1.2 AMERICAN BROACH & MACHINE COMPANY Product Introduction
6.1.3 AMERICAN BROACH & MACHINE COMPANY Broaching Machines Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 AXISCO PRECISION MACHINERY
6.2.1 AXISCO PRECISION MACHINERY Company Profiles
6.2.2 AXISCO PRECISION MACHINERY Product Introduction
6.2.3 AXISCO PRECISION MACHINERY Broaching Machines Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 MITSUBISHI HEAVY INDUSTRIES
6.3.1 MITSUBISHI HEAVY INDUSTRIES Company Profiles
6.3.2 MITSUBISHI HEAVY INDUSTRIES Product Introduction
6.3.3 MITSUBISHI HEAVY INDUSTRIES Broaching Machines Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 NACHI-FUJIKOSHI
6.4.1 NACHI-FUJIKOSHI Company Profiles
6.4.2 NACHI-FUJIKOSHI Product Introduction
6.4.3 NACHI-FUJIKOSHI Broaching Machines Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 The Ohio Broach & Machine
6.5.1 The Ohio Broach & Machine Company Profiles
6.5.2 The Ohio Broach & Machine Product Introduction
6.5.3 The Ohio Broach & Machine Broaching Machines Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
7 Conclusion
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