Wednesday, 24 May 2017

Automotive Polishing Machine Market Size is Expected to Grow at a CAGR of 8.22% During the Period 2017-2021

The automotive sales have improved worldwide. With the increase in consumers' confidence in various economies, such as the US, the automotive sales in terms of the units sold have improved. In 2017, the largest automotive market, China accounted for 24.9 million units, which are over 27% of the global automotive sales in 2015.

In China, the massive population along with strong economic growth is the driving factor for the rapidly growing automotive market. Apart from a strong domestic market, China is an export hub for automobiles and auto components with most of the international original equipment manufacturers (OEMs) and tire suppliers having off-shore manufacturing facilities in the country.

The report analysts forecast the global automotive polishing machine market to grow at a CAGR of 8.22% during the period 2017-2021.

Covered in this report:

The report covers the present scenario and the growth prospects of the global automotive polishing machine market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of automotive polishing machines.

The market is divided into the following segments based on geography:
  • North America
  • Europe
  • APAC
  • ROW
Automotive Polishing Machine Market has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors ?operating in this market.

Key vendors
  • Robert Bosch Tool
  • Griot's Garage
  • Porter-Cable
Other prominent vendors
  • The Eastwood Company
  • FLEX
  • Milwaukee Tool
  • Meguiar's
  • TorqToolCompany
Market driver
  • Growing used car market
  • For a full, detailed list, view our report
Market challenge
  • Volatile automotive market
  • For a full, detailed list, view our report
Market trend
  • Growing auto detailing market
  • For a full, detailed list, view our report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors ?
  • What are the strengths and weaknesses of the key vendors ?

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