About Drag Finishing Machines
Drag finishing machines are the equipment through which media mass passes for honing and polishing process. The components are mounted, equipped, and fixed with numerous workstations in a drag finishing machine through which each component is dragged through a circular work vessel filled with the finishing media. This machine is used in the application of tubes, wheel rims, cutting tools, textiles, turbine blades, surgical implants, etc.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Drag finishing machines are a fragmented market with the presence of various manufacturers. The companies are planning to launch various sizes of drag finishing machines with continuous research & development activities. They are also focusing on strategic activities like merger & acquisition, collaborations, and partnerships helping them into expanding their horizon in the market and improving their competitive edge. Analyst at AMA Research estimates that Germany Manufacturers will contribute the maximum growth to Global Drag Finishing Machines 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.
OTEC Prazisionsfinish GmbH (Germany), osler Oberflachentechnik GmbH (Germany), Walther Trowal (United States), DORNIER GmbH (Germany), Extrude Hone (United States), Roto-Finish Co Inc (United States), Seiwa Corporation (Japan), Bel Air Finishing (United States) and Tipton (Japan) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Outaike (United States), Lesheng (China) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Drag Finishing Machines market by Type (With Flow Measurement System and Without Flow Measurement System), Application (Tubes, Wheel Rims, Cutting Tool, Textiles, Turbine Blades, Surgical Implants and Others) and Region.
On the basis of geography, the market of Drag Finishing Machines 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. Indirect will boost the Drag Finishing Machines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Operation, the sub-segment i.e. Fully Automatic will boost the Drag Finishing Machines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Use of Fully-automatic Operated Drag Finishing Machines
Market Growth Drivers:
Growing Production of Cutting Tools and Equipment and Demand for the Faster and High Energy Centrifugal Systems in Manufacturing Finishing Process
Challenges:
High Initial Cost Investment in the Drag Finishing Machines
Restraints:
Adverse Environmental Impact of Drag Finishing Machines
Opportunities:
Surging Demand for the Drag Finishing Machines for Industrial Operations in Developing Countries
Market Leaders and their expansionary development strategies
In January 2021, WALTHER TROWAL expands in the United States. It allows American customers to quickly run processing trials with their work pieces in Walther trowal machinery.
In April 2023, precision finishing with more bite in the dental laboratory. There is particular demand for bite splints, custom made plastic parts designed to help prevent excessive clenching and grinding of teeth.
Key Target Audience
Drag Finishing Machines Manufacturers, Drag Finishing Machines International traders, Drag Finishing Machines Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies 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.