Economic News Blog
8. March 2013

$775 Million Market Projected for Grinding Equipment

Capital Spending Survey Results
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. 

$775 Million Market Projected for Grinding Equipment
Cylindrical/external grinding is the largest projected segment of the grinding equipment market with projected spending of $230.3 million. The table below represents spending intentions for grinding equipment. 

 Automotive Largest Spender on Cylindrical/External Grinding Equipment
The largest segment of this market is automotive with projected spending of $70.1 million. The table below represents spending intentions for cylindrical/external grinding by industry.

 

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