2015 Capital Spending Forecast for Turning Centers is $1.6 Billion; $3.5 Billion Market for Tooling
$1.6 Billion Market Projected for Turning Centers
Horizontal turning centers with <10-inch chuck is the largest segment of this market with projected spending of $1.1 billion. The graph below represents spending intentions by machine type for turning centers.
$3.5 Billion Market for Tooling
Metalcutting job shops plan to spend the largest amount on tooling with projected spending of $1.2 billion. The graph below represents spending intentions by industry for tooling.
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Steve Kline, Jr.
Director of Market Intelligence
Gardner Business Media, Inc.