U.S. Manufacturers are Forecasting to Increase Investments in New Metalcutting Equipment More Than 8% in 2013
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. $2.0 billion market projected for turning equipment horizontal lathes with less than 10” chuck, and $2.7 billion market porjected for workholding equipment.
$2.0 Billion Market Projected for Turning Equipment
Horizontal CNC lathes with less than 10” chuck are the largest projected segment of the turning equipment market with projected spending of $520.6 million. The table below represents spending intentions for turning equipment.
$2.7 Billion Market Projected for Workholding Equipment
The largest segment of the workholding equipment market is metalcutting job shops with projected spending of $864.1 million. The table below represents spending intentions for workholding by industry.
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