Global Automatic Positioning Balancing Machine Market Growth 2019-2024

A balancing machine is a measuring tool used for balancing rotating machine parts such as rotors for electric motors, fans, turbines, disc brakes, disc drives, propellers and pumps. The machine usually consists of two rigid pedestals, with suspension and bearings on top supporting a mounting platform. The unit under test is bolted to the platform and is rotated either with a belt-, air-, or end-drive. As the part is rotated, the vibration in the suspension is detected with sensors and that information is used to determine the amount of unbalance in the part. Along with phase information, the machine can determine how much and where to add or remove weights to balance the part.
The Automatic Positioning Balancing Machine adds Automatic Positioning functional to the Balancing Machine, which can achieve accurate automatic positioning.it will automatic stop after measurement is qualified, otherwise it will stop at the unbalance point, avoid manual looking for angles, thereby improve working efficiency.
Europe has the largest global sales quantity and manufacturers in Automatic Positioning Balancing Machine market, while the United States is the second sales volume market for Automatic Positioning Balancing Machine in 2017.
In the industry, Schenck profits most in 2017 and recent years, while DSK and Shimadzu ranked 2 and 3.The market share of them is 46.27%, 11.32% and 10.05% in 2017.The gap of market share is keep on enlarged due to different strategy.
Nowadays, there are two mainly types of Automatic Positioning Balancing Machine, including Magnetic Automatic Positioning Balancing Machine and Non-magnetic Automatic Positioning Balancing Machine. And Magnetic Automatic Positioning Balancing Machine is the main type for Automatic Positioning Balancing Machine, and the Magnetic Automatic Positioning Balancing Machine reached a sales volume of approximately 1624 Unit in 2017, with 55.81% of global sales volume.
Automatic Positioning Balancing Machine technology is much mature now, and new enterprises can not surpass existing famous brands on reputation or design in the short term. So, the study group recommends the new entrants need to be considered carefully before enter into this field.

According to this study, over the next five years the Automatic Positioning Balancing Machine market will register a 3.5% CAGR in terms of revenue, the global market size will reach US$ 130 million by 2024, from US$ 110 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automatic Positioning Balancing Machine business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Automatic Positioning Balancing Machine market by product type, application, key manufacturers and key regions and countries.

This study considers the Automatic Positioning Balancing Machine value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Magnetic Automatic Positioning Balancing Machine
Non-magnetic Automatic Positioning Balancing Machine
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automobile Motor Rotors
Electric Tools
Home Appliances
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Schenck
DSK
Shimadzu
CEMB
Hofmann
HINES
Kokusai
Haimer
NIDE
JP Balancing Machine

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Automatic Positioning Balancing Machine consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automatic Positioning Balancing Machine market by identifying its various subsegments.
Focuses on the key global Automatic Positioning Balancing Machine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automatic Positioning Balancing Machine with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automatic Positioning Balancing Machine submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.