Industry Background:
The automatic lapping machine is a bench floor single plate machine that is used to flatten the chip face and reduce its thickness. This equipment consists of a rotating grooved cast iron plate, precision thin section lapping jig, chip lagging jig, tuning tool, correction rim, and abrasive fluid dispensing system. It comes in semi-automatic and fully automatic options used widely in silicon wafer fashioning, quartz crystal fashioning, ceramic fashioning, and sapphire fashioning. application.This growth is primarily driven by Demand for Machinery & Equipment for Precision Surface Finishing in Various Industrial Application
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Machinery & Equipment sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Vinci Technologies (France), AUTEFA Solutions Germany GmbH (Germany), KLINGELNBERG Group (Switzerland), Logitech Limited (United Kingdom), PRAWEMA Antriebstechnik (Germany), SOMOS-NANOTEC (France), Stahli Lapping Technology Ltd. (Switzerland), Sunnen Products Company (United States), EFCO USA, Inc. (United States), Foley Company LLC (United States) and Thermax Limited (India), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In September 2023, Sunnen Products Company acquired Hommel Präzision, a leading supplier of honing and deep hole drilling solutions in Germany for over 70 years. Since 1950, Hommel Präzision has been the exclusive sales and service partner of Sunnen, Germany. Both the company's sales and technical services teams remain the same.
On 2nd November 2020, Foley Company announced the acquisition of Air2G2, the industry leader of the soil air-injection process based in Jacksonville, FL. Air2G2 was founded in Northeast Florida by Glen Black in 2010. Air2G2 is the manufacturer of the Air2G2 336, Air2HP, Air2GO and Air2G2 436R products. Air2G2 products are sold worldwide to premier customers in the sports turf, turf & recreation and golf course industries making Air2G2 the global leader in air-injection and soil decompaction solutions.
Influencing Trend:
Availability of Automatic Lapping Machine in Sizes and Capacity
Market Growth Drivers:
Demand for Machinery & Equipment for Precision Surface Finishing in Various Industrial Application and Need for Efficient and Faster Performance with the Automation in the Automobile Industry
Challenges:
Problems Associated with Handling and Maintenance of Automatic Lapping Machine
Restraints:
High Cost Involved in the Consumption of Automatic Lapping Machine
Opportunities:
Technological Advancements in the Automatic Lapping Machine and Surging Demand for the Automatic Lapping Machine from Developing Nations
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Automatic Lapping Machine Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Automatic Lapping Machine Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Automatic Lapping Machine players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Automatic Lapping Machine Study Sheds Light on
The Automatic Lapping Machine Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Automatic Lapping Machine industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Automatic Lapping Machine industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.