Gardner Research 2013 Capital Spending Survey – Projected Spending for Machining Centers, and Cutting Tools
Capital Spending Survey Results
The 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.
$2.3 Billion Market Projected for Machining Centers
Horizontal machining centers with a 400-800 mm pallet are the largest projected segment of the market with projected spending of $841.6 million. The table below represents spending intentions for machining centers.
$3.6 Billion Market Projected for Cutting Tools
The largest segment of this market is carbide stationary tool inserts with a projected market of $449.3 million. The table below represents spending intentions for cutting tools by type.
Contact your GPI representative or