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2015 Capital Spending Forecast for Turning Centers is $1.6 Billion; $3.5 Billion Market for Tooling
The projected marketing for turning centers is $1.6 billion; horizontal turning centers with <10-inch chuck is the largest segment and is projected to spend $1.1 billion. Metalcutting job shops plan to spend the largest amount on tooling with projected spending of $1.2 billion.
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$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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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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