Mortiser Market: Introduction
Mortiser or Morticer is a type of wood working machine specialized in drilling operations. Mortiser is used to cut rectangular or square shaped holes in a piece of timber that enables the wood worker to generate a mortise hole in a mortise and tenon joint. The machine generally operated with small footprints with the ability to handle large work pieces. Mortiser or mortising machine is considered to be among the top necessary wood working machines in the market. Growing residential as well as commercial construction across the globe is estimated to fuel the demand for wood working machinery and subsequently propel the demand for mortiser machines. This in turn is estimate to contribute to the growing market of mortiser across the globe during the forecast period.
Mortiser Market: Dynamics
The global construction industry is gradually regaining strength after having endured a prolonged period of sluggishness in the wake of global financial crisis. Real estate sector, which is expected to grow at a good pace annually, is expected to be the prime demand generator in wood working machine market in developed regions globally. Countries such as the United States, China and India are expected to create several opportunities over the forecast period. This in turn may positively impact the sales of mortiser and significantly contribute to the growth of global mortiser market. The rising demand for wood products, especially plywood, as a building product to reduce the overall weight of the structure in turn will propel the overall demand for plywood in all application segments globally, which will further drive the growth of the mortiser market over the forecast period.
Rising prominence of plywood in the packaging industry owing to its several benefits such as light weight, significant mechanical strength, being reusable etc. to keep the plywood demand driven. This in turn is also considered to be the primary factor driving the growth of global mortiser market during the forecast period.
The ongoing trend gaining momentum in the mortiser market is the increasing use of online methods to market and sell products. . Among the various ways of selling or marketing a product, social media stands out as one of the trending media. Several social media platforms including Facebook, Twitter, LinkedIn and Google+, contain information (images, videos, links or written texts) about mortiser, its types and distinguishing factors, posted by manufacturers or distributors or even consumers
Mortiser Market: Regional Outlook
According to the database from United Nation (UN), global woodworking machinery accounted for an export value of US$ 7.38 billion in the year 2015. Germany accounted for a dominant share of around one fourth of the total export market whereas China, Italy and Taiwan were the following countries. Large-scale investments have been observed in infrastructural development, especially in the U.A.E. and Japan. This in turn is anticipated to open the doors for the region specific market participants in the mortiser market. Africa is also estimated to be an opportunistic market for mortiser owing to the presence of large timberlands, low maintenance cost and establishment rates in the region. Owing to growing demand from crafts and furniture, countries including Vietnam, Canada, India and Thailand are also anticipated to create significant opportunities in the global mortiser market during the forecast period
Mortiser Market: Key Participants
Examples of some of the market participants identified across the value chain of the global mortiser market include:
- Delta Power Equipment Corporation
- Wadkin Woodworking Machines
- GENERAL INTERNATIONAL MFG. Co. Ltd.
- Beijing New Building Material (Group) Co., Ltd.
- Felder Group
- SCM Group
- OAV Equipment and Tools, Inc.
The research report presents a comprehensive assessment of the Mortiser market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Mortiser market segments such as geographies, valve type, and vehicle type.
The report covers exhaustive analysis on:
- Mortiser Market Segments
- Mortiser Market Dynamics
- Mortiser Market Size
- Mortiser Current Trends/Issues/Challenges
- Mortiser Competition & Companies involved
- Mortiser Technology
- Mortiser Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The global Mortiser market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The global Mortiser market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The global Mortiser market report also maps the qualitative impact of various market factors on market segments and geographies.
Mortiser Market: Segments
The global mortiser market has been segmented by product type, distribution channel and end use industry
By type of product, the global mortiser market is segmented into
- Square Chisel or Hollow Chisel Mortiser
- Horizontal Mortiser or Slot Mortiser
- Chain Mortiser
By type of sales channel, the global mortiser market is segmented into
- Online Sales Channel
- Offline Sales Channel (Retails or Distributors)
By type of end use industry, the global mortiser market is segmented into
- Construction Industry
- Packaging Industry
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Market Research Methodology - Perfected through Years of Diligence
A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.