About Tenoning Machine
In the woodworking industry, a tenoning machine is a machine that makes tenons and lugs on pieces to be joined. Tenoning machines may be made to create frame or box tenons. Tenons are cut on one end of the workpiece for one operating cycle on some machines; on others, tenons are cut concurrently on both ends during one cycle on others (double side machines). The first type of machine operates in stages, while the second type operates straight forward. Straight-sided and dovetail tenons may also be formed by box tenon machines. Usual milling-type planers mounted on the machine spindle form straight-sided tenons; end-milling planers mounted on vertical spindles form dovetail tenons. Tenoning machines consist of rigid, cast frames, clamping mechanisms, and special columns. With the increasing demand for goods made from wood; the demand for the tenoning machines is also increasing.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.1% |
With the increasing demand for wood furniture and utilities, the demand for tenoning machines is increasing. The industry is clustered in Europe and North America. Negative public opinion about woodcutting is one of the constraints of the industry. Market leaders are also leaders in innovation in this market. A good reputation is necessary as companies buy a machine for long term. Analyst at AMA Research estimates that Global Manufacturers will contribute the maximum growth to Global Tenoning Machine market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Höchsmann GmbH (Germany), M. Sedgwick & Co. Ltd (United Kingdom), VWM Ltd (United Kingdom), Yasuda (Japan), RT Machines (United States), SCM Group (Italy), Jai Industries (India), Progressive Systems, Inc. (United States), Weinig (Germany) and FULLPOWER (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Hipat Machine Tools (India), Garnet Machines (India) and ICW Machinery India LLP (India).
Segmentation Overview
AMA Research has segmented the market of Global Tenoning Machine market by Type (Conventional, Double-Side and Other) and Region.
On the basis of geography, the market of Tenoning Machine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. B2B will boost the Tenoning Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Power, the sub-segment i.e. 1-2 HP will boost the Tenoning Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Introduction of Double-Sided Machine
Market Growth Drivers:
Increasing Demand of Tenoning Machine for Efficiently Making Tenon Joints and Growing Demand of Tenoning Machine for Manufacture of Doors and Windows
Challenges:
High Capital Expenses Required for The Manufacture of Tenoning Machine and Negative Public Opinion About Wood Cutting
Restraints:
High Cost of Initial Instalment of Tenon Machines
Opportunities:
Increasing Demand of Tenoning Machine for Luxury Wood Works and Increasing Investment to Make Tenoning Machines More Efficient
Market Leaders and their expansionary development strategies
In October 2023, Tenon Group launched a webinar series by the name “Tenon Talks” in July’2020. As the first episode of this initiative, Tenon hosted a webinar on 10th July and the topic was Workplace 2.0 – Emerging norms of Integrated Security & Facility Management.
On March 30th, 2021, Sedgwick a leading manufacturer of Tenoning machines based in the UK announced that it will become an affiliate member of the Insurance Fraud Bureau (IFB) from 1 April 2021. It has also appointed Gordon Young as head of fraud data and insight to strengthen its counter-fraud strategy and help the industry fight against fraud. This move builds on Sedgwick’s existing counter-fraud strategy, having invested in leading artificial intelligence (AI) technology and introduced a new leadership team in January to enhance its solutions.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Tenoning Machine Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.