Economic News Blog
23. June 2013

$401 Million Market Projected for Horizontal Turning Centers with <10 Inch Chuck

The 2013 Gardner Research Capital Spending Survey and Forecast results indicate that U.S. manufacturers are forecasting to increase investments in new metalcutting equipment more than 8% in 2013.

$401 Million Market Projected for Horizontal Turning Centers with <10 Inch Chuck

Automotive is the largest projected segment of the market with projected spending of $100.9 million. The table below represents spending intentions by industry for horizontal turning centers with <10 inch chucks.


Plants with 20 to 49 Employees Largest Spender on Horizontal Turning Centers with >10 Inch Chuck

The largest segment of this market is plants with 20 to 49 employees with projected spending of $125.4 million. The table below represents spending intentions by plant size for horizontal turning centers with >10 inch chucks.
 

 

Need more information?
Contact your GPI representative or
Steve Kline, Jr.
Director of Market Intelligence
Gardner Business Media, Inc.
513-527-8800
800-950-8020
Fax: 513-527-8801
capmkt@gardnerweb.com
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