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Woodworking Machines Market: Granular View of The Market from Various End-Use Segments

Woodworking machines is a wood machine, usually powered by electric motors which are used to process and shape wood into the desired dimensions. It is also used to eliminate huge wastage of wood, so as to deliver high quality products to meet the need the consumers.

Woodworking machines are classified according to the type of work they perform such as bending, woodcutting, cementing, and finishing machines. Wood working machines can perform these functions by using different kinds of woodcutting tool, so as to separate certain part of wood on these machines in order to produce parts or products of predetermined shape and size.

Woodworking Machines Market – Company profile

SCM Group 

Incorporated in 1952, SCM Group is a prominent global company that operates across four continents and has more than 4,000 employees. The company engages in the manufacture and processing a wide range of machinery and industrial equipment with variety of materials such as metal, plastics, glass, stone, wood and composites. The company’s machinery and industrial equipment are used across different sectors including construction, furniture, automotive, ship-building, aerospace, and plastic processing.

HOMAG Group

HOMAG Group is the leading provider of integrated solutions with around 6500 employees, for providing integrated solutions to woodworking shops and woodworking industry. The company has global presence in more than 100 countries and offers high-tech machines and systems with the corresponding control software in order to cater to the customers need. Moreover, the products of HOMAG Group are utilized across various sectors including construction, furniture production, and timber house construction.

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Paolino Bacci

Established in 1918, Paolino Bacci is a prominent manufacturer of woodworking machines based in Italy. Additionally, the company began to specialize in the production of woodworking machines in the 1950s. Bacci has recently developed a complete 5-axis and multi-axis computer numerical control (CNC) machining center, equipped with operating software and latest technology.

Key players operating in the woodworking machines market include Paolino Bacci, Biesse Group, Michael Weinig AG, Dürr AG, SCM GROUP S.p.A., ROJEK Woodworking Machinery, HOMAG Group, Dura Wood Working Machinery Industry & Trade Company Ltd., Otto Martin aschinenbau GmbH & Co. KG, Masterwood SpA, and Oliver Machinery Co.

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Woodworking Machines Market – Dynamics

Increasing adoption of automated woodworking machines across the globe

Rapid and continuous rise in the demand for furniture and craft and expansion of construction industries in developing countries of Latin America, Middle East & Africa and Asia Pacific, are propelling the demand for woodworking machines. Moreover, increasing demand for engineered wood and wooden furniture in construction and furniture industries is expected to boost the global woodworking machines market during the forecast period.

Furthermore, rise in the number of commercial and residential buildings to meet the demand of customers coupled with the increasing preference of residents toward superior esthetic appearance of their building structure is expected to drive the woodworking machines market. Additionally, growing preference for automation and woodworking machines to manufacture products that are precise, attractive, and enhance overall efficiency and productivity is expected to drive the demand for woodworking machines.

High initial cost of woodworking machines and maintenance expenditure of woodworking machines is a major factor hampering the global woodworking machines market. Moreover, lack of skilled labor is expected to restrain the woodworking machines market.

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