Asia Pacific Electric Spindles Market Size study, by Type (Built-in Spindle, Motorized Spindle), by Application (Internal Grinding, High-speed Cutting, CNC Milling, Axis Milling, Dressing) and Country Forecasts 2022-2032
Asia Pacific Electric Spindles Market is valued at approximately USD 736.10 million in 2023 and is anticipated to grow with a healthy growth rate of more than 6.79% over the forecast period 2024-2032. The Electric Spindle is an innovative technology found in CNC machines that merges the spindle and motor into one component. It includes parts like a spindle, a frequency converter, an oil lubricator, a cooling system, an encoder, and a tool changer. This integration improves high-speed performance by eliminating transmission components such as belts or gears. The Motor housed within the Electric Spindle provides rapid speed, precision, and minimal sound while enabling effective high-speed spinning without the limitations of belts or gears. The Asia Pacific Electric Spindles Market is becoming popular because of the increasing focus on faster machining, incorporation of advanced technology, precision emphasis, and sustainability trends. These patterns are leading to increased use of electric spindle technology, improving performance and efficiency. The importance of the Asia Pacific Electric Spindles Market is increasing as it meets market demands for speed, precision, and environmentally friendly solutions, leading to advancements in CNC machining capabilities.
The Asia Pacific Electric Spindle Market is mainly fueled by a move towards improvements in machining technology and the demand for increased productivity. The move towards automation and advanced manufacturing techniques is driven by electric spindle technology, which is essential for efficiency and precision. The market's ongoing search for better performance and cost-effective solutions is driving the widespread use of electric spindles in various manufacturing sectors, leading to a trend towards automation. However, Electric spindles have the option of being lubricated with grease, oil mist, or oil-air methods. Grease and oil mist are commonly used, yet they struggle to effectively manage the oil delivery, impacting the spindle's performance and longevity. Mist lubrication has negative impacts on the environment, whereas oil-air lubrication is more effective in oil management but comes with a higher cost and complexity.
The key Countries considered for the Asia Pacific Electric Spindles market study includes China, India, Japan, South Korea, Australia and Rest of Asia Pacific. The market in India, on the other hand, is expected to develop at the fastest rate over the forecast period.
Major market player included in this report are:
NSK Ltd.
Makino Milling Machine Co., Ltd.
ITOH DENKI Co., Ltd.
Koyo Machine Industries Co., Ltd
Shenzhen Sunkun Technology Co., Ltd.
Doosan Machine Tools Co., Ltd.
Fanuc Corporation
Yaskawa Electric Corporation
DMG Mori Co., Ltd.
Okuma Corporation
The detailed segments and sub-segment of the market are explained below:
By Type
Built-in Spindle
Motorized Spindle
By Application
Internal Grinding
High-speed Cutting
CNC Milling
Axis Milling
Dressing
?
By Region:
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.
The Asia Pacific Electric Spindle Market is mainly fueled by a move towards improvements in machining technology and the demand for increased productivity. The move towards automation and advanced manufacturing techniques is driven by electric spindle technology, which is essential for efficiency and precision. The market's ongoing search for better performance and cost-effective solutions is driving the widespread use of electric spindles in various manufacturing sectors, leading to a trend towards automation. However, Electric spindles have the option of being lubricated with grease, oil mist, or oil-air methods. Grease and oil mist are commonly used, yet they struggle to effectively manage the oil delivery, impacting the spindle's performance and longevity. Mist lubrication has negative impacts on the environment, whereas oil-air lubrication is more effective in oil management but comes with a higher cost and complexity.
The key Countries considered for the Asia Pacific Electric Spindles market study includes China, India, Japan, South Korea, Australia and Rest of Asia Pacific. The market in India, on the other hand, is expected to develop at the fastest rate over the forecast period.
Major market player included in this report are:
NSK Ltd.
Makino Milling Machine Co., Ltd.
ITOH DENKI Co., Ltd.
Koyo Machine Industries Co., Ltd
Shenzhen Sunkun Technology Co., Ltd.
Doosan Machine Tools Co., Ltd.
Fanuc Corporation
Yaskawa Electric Corporation
DMG Mori Co., Ltd.
Okuma Corporation
The detailed segments and sub-segment of the market are explained below:
By Type
Built-in Spindle
Motorized Spindle
By Application
Internal Grinding
High-speed Cutting
CNC Milling
Axis Milling
Dressing
?
By Region:
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.
CHAPTER 1. ASIA PACIFIC ELECTRIC SPINDLES MARKET DEFINITION AND RESEARCH ASSUMPTIONS
1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
1.3.1. Inclusion & Exclusion
1.3.2. Limitations
1.3.3. Supply Side Analysis
1.3.3.1. Availability
1.3.3.2. Infrastructure
1.3.3.3. Regulatory Environment
1.3.3.4. Market Competition
1.3.3.5. Economic Viability (Consumer’s Perspective)
1.3.4. Demand Side Analysis
1.3.4.1. Regulatory frameworks
1.3.4.2. Technological Advancements
1.3.4.3. Environmental Considerations
1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Asia Pacific Electric Spindles Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
2.3.1. By Type
2.3.2. By Application
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion
CHAPTER 3. ASIA PACIFIC ELECTRIC SPINDLES MARKET DYNAMICS
3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities
CHAPTER 4. ASIA PACIFIC ELECTRIC SPINDLES MARKET INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
CHAPTER 5. ASIA PACIFIC ELECTRIC SPINDLES MARKET SIZE & FORECASTS BY TYPE 2022-2032
5.1. Built-in Spindle
5.2. Motorized Spindle
CHAPTER 6. ASIA PACIFIC ELECTRIC SPINDLES MARKET SIZE & FORECASTS BY APPLICATION 2022-2032
6.1. Internal Grinding
6.2. High-speed Cutting
6.3. CNC Milling
6.4. Axis Milling
6.5. Dressing
CHAPTER 7. ASIA PACIFIC ELECTRIC SPINDLES MARKET SIZE & FORECASTS BY COUNTRY 2022-2032
7.1. China Electric Spindles Market
7.1.1. Type breakdown size & forecasts, 2022-2032
7.1.2. Application breakdown size & forecasts, 2022-2032
7.2. India Electric Spindles Market
7.3. Japan Electric Spindles Market
7.4. Australia Electric Spindles Market
7.5. South Korea Electric Spindles Market
7.6. Rest of Asia Pacific Electric Spindles Market
CHAPTER 8. COMPETITIVE INTELLIGENCE
8.1. Key Company SWOT Analysis
8.1.1. NSK Ltd.
8.1.2. Makino Milling Machine Co., Ltd.
8.1.3. ITOH DENKI Co., Ltd.
8.1.4. Top Market Strategies
8.2. Company Profiles
8.2.1. NSK Ltd.
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Market Strategies
8.2.2. Makino Milling Machine Co., Ltd.
8.2.3. ITOH DENKI Co., Ltd.
8.2.4. Koyo Machine Industries Co., Ltd
8.2.5. Shenzhen Sunkun Technology Co., Ltd.
8.2.6. Doosan Machine Tools Co., Ltd.
8.2.7. Fanuc Corporation
8.2.8. Yaskawa Electric Corporation
8.2.9. DMG Mori Co., Ltd.
8.2.10. Okuma Corporation
CHAPTER 9. RESEARCH PROCESS
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
1.3.1. Inclusion & Exclusion
1.3.2. Limitations
1.3.3. Supply Side Analysis
1.3.3.1. Availability
1.3.3.2. Infrastructure
1.3.3.3. Regulatory Environment
1.3.3.4. Market Competition
1.3.3.5. Economic Viability (Consumer’s Perspective)
1.3.4. Demand Side Analysis
1.3.4.1. Regulatory frameworks
1.3.4.2. Technological Advancements
1.3.4.3. Environmental Considerations
1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Asia Pacific Electric Spindles Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
2.3.1. By Type
2.3.2. By Application
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion
CHAPTER 3. ASIA PACIFIC ELECTRIC SPINDLES MARKET DYNAMICS
3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities
CHAPTER 4. ASIA PACIFIC ELECTRIC SPINDLES MARKET INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
CHAPTER 5. ASIA PACIFIC ELECTRIC SPINDLES MARKET SIZE & FORECASTS BY TYPE 2022-2032
5.1. Built-in Spindle
5.2. Motorized Spindle
CHAPTER 6. ASIA PACIFIC ELECTRIC SPINDLES MARKET SIZE & FORECASTS BY APPLICATION 2022-2032
6.1. Internal Grinding
6.2. High-speed Cutting
6.3. CNC Milling
6.4. Axis Milling
6.5. Dressing
CHAPTER 7. ASIA PACIFIC ELECTRIC SPINDLES MARKET SIZE & FORECASTS BY COUNTRY 2022-2032
7.1. China Electric Spindles Market
7.1.1. Type breakdown size & forecasts, 2022-2032
7.1.2. Application breakdown size & forecasts, 2022-2032
7.2. India Electric Spindles Market
7.3. Japan Electric Spindles Market
7.4. Australia Electric Spindles Market
7.5. South Korea Electric Spindles Market
7.6. Rest of Asia Pacific Electric Spindles Market
CHAPTER 8. COMPETITIVE INTELLIGENCE
8.1. Key Company SWOT Analysis
8.1.1. NSK Ltd.
8.1.2. Makino Milling Machine Co., Ltd.
8.1.3. ITOH DENKI Co., Ltd.
8.1.4. Top Market Strategies
8.2. Company Profiles
8.2.1. NSK Ltd.
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Market Strategies
8.2.2. Makino Milling Machine Co., Ltd.
8.2.3. ITOH DENKI Co., Ltd.
8.2.4. Koyo Machine Industries Co., Ltd
8.2.5. Shenzhen Sunkun Technology Co., Ltd.
8.2.6. Doosan Machine Tools Co., Ltd.
8.2.7. Fanuc Corporation
8.2.8. Yaskawa Electric Corporation
8.2.9. DMG Mori Co., Ltd.
8.2.10. Okuma Corporation
CHAPTER 9. RESEARCH PROCESS
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
LIST OF TABLES
TABLE 1. Asia Pacific Electric Spindles market, report scope
TABLE 2. Asia Pacific Electric Spindles market estimates & forecasts by Country 2022-2032 (USD Million)
TABLE 3. Asia Pacific Electric Spindles market estimates & forecasts by Type 2022-2032 (USD Million)
TABLE 4. Asia Pacific Electric Spindles market estimates & forecasts by Application 2022-2032 (USD Million)
TABLE 5. Asia Pacific Electric Spindles market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 6. Asia Pacific Electric Spindles market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 7. Asia Pacific Electric Spindles market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 8. Asia Pacific Electric Spindles market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 9. Asia Pacific Electric Spindles market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 10. Asia Pacific Electric Spindles market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 11. Asia Pacific Electric Spindles market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 12. Asia Pacific Electric Spindles market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 13. Asia Pacific Electric Spindles market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 14. Asia Pacific Electric Spindles market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 15. China Electric Spindles market estimates & forecasts, 2022-2032 (USD Million)
TABLE 16. China Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 17. China Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 18. India Electric Spindles market estimates & forecasts, 2022-2032 (USD Million)
TABLE 19. India Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 20. India Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 21. Japan Electric Spindles market estimates & forecasts, 2022-2032 (USD Million)
TABLE 22. Japan Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 23. Japan Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 24. Australia Electric Spindles market estimates & forecasts, 2022-2032 (USD Million)
TABLE 25. Australia Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 26. Australia Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 27. South Korea Electric Spindles market estimates & forecasts, 2022-2032 (USD Million)
TABLE 28. South Korea Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 29. South Korea Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 30.
TABLE 31. RoAPAC Electric Spindles market estimates & forecasts, 2022-2032 (USD Million)
TABLE 32. RoAPAC Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 33. RoAPAC Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 34. List of secondary sources, used in the study of Asia Pacific Electric Spindles Market.
TABLE 35. List of primary sources, used in the study of Asia Pacific Electric Spindles Market.
TABLE 36. Years considered for the study.
TABLE 37. Exchange rates considered.
TABLE 1. Asia Pacific Electric Spindles market, report scope
TABLE 2. Asia Pacific Electric Spindles market estimates & forecasts by Country 2022-2032 (USD Million)
TABLE 3. Asia Pacific Electric Spindles market estimates & forecasts by Type 2022-2032 (USD Million)
TABLE 4. Asia Pacific Electric Spindles market estimates & forecasts by Application 2022-2032 (USD Million)
TABLE 5. Asia Pacific Electric Spindles market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 6. Asia Pacific Electric Spindles market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 7. Asia Pacific Electric Spindles market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 8. Asia Pacific Electric Spindles market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 9. Asia Pacific Electric Spindles market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 10. Asia Pacific Electric Spindles market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 11. Asia Pacific Electric Spindles market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 12. Asia Pacific Electric Spindles market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 13. Asia Pacific Electric Spindles market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 14. Asia Pacific Electric Spindles market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 15. China Electric Spindles market estimates & forecasts, 2022-2032 (USD Million)
TABLE 16. China Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 17. China Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 18. India Electric Spindles market estimates & forecasts, 2022-2032 (USD Million)
TABLE 19. India Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 20. India Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 21. Japan Electric Spindles market estimates & forecasts, 2022-2032 (USD Million)
TABLE 22. Japan Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 23. Japan Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 24. Australia Electric Spindles market estimates & forecasts, 2022-2032 (USD Million)
TABLE 25. Australia Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 26. Australia Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 27. South Korea Electric Spindles market estimates & forecasts, 2022-2032 (USD Million)
TABLE 28. South Korea Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 29. South Korea Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 30.
TABLE 31. RoAPAC Electric Spindles market estimates & forecasts, 2022-2032 (USD Million)
TABLE 32. RoAPAC Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 33. RoAPAC Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 34. List of secondary sources, used in the study of Asia Pacific Electric Spindles Market.
TABLE 35. List of primary sources, used in the study of Asia Pacific Electric Spindles Market.
TABLE 36. Years considered for the study.
TABLE 37. Exchange rates considered.
LIST OF FIGURES
FIG 1. Asia Pacific Electric Spindles market, research methodology
FIG 2. Asia Pacific Electric Spindles market, market estimation techniques
FIG 3. Asia Pacific market size estimates & forecast methods.
FIG 4. Asia Pacific Electric Spindles market, key trends 2023
FIG 5. Asia Pacific Electric Spindles market, growth prospects 2022-2032
FIG 6. Asia Pacific Electric Spindles market, porters 5 force model
FIG 7. Asia Pacific Electric Spindles market, pestel analysis
FIG 8. Asia Pacific Electric Spindles market, value chain analysis
FIG 9. Asia Pacific Electric Spindles market by segment, 2022 & 2032 (USD Million)
FIG 10. Asia Pacific Electric Spindles market by segment, 2022 & 2032 (USD Million)
FIG 11. Asia Pacific Electric Spindles market by segment, 2022 & 2032 (USD Million)
FIG 12. Asia Pacific Electric Spindles market by segment, 2022 & 2032 (USD Million)
FIG 13. Asia Pacific Electric Spindles market by segment, 2022 & 2032 (USD Million)
FIG 14. Asia Pacific Electric Spindles market, Country snapshot 2022 & 2032
FIG 15. Asia pacific Electric Spindles market 2022 & 2032 (USD Million)
FIG 16. Asia Pacific Electric Spindles market, company market share analysis (2023)
FIG 1. Asia Pacific Electric Spindles market, research methodology
FIG 2. Asia Pacific Electric Spindles market, market estimation techniques
FIG 3. Asia Pacific market size estimates & forecast methods.
FIG 4. Asia Pacific Electric Spindles market, key trends 2023
FIG 5. Asia Pacific Electric Spindles market, growth prospects 2022-2032
FIG 6. Asia Pacific Electric Spindles market, porters 5 force model
FIG 7. Asia Pacific Electric Spindles market, pestel analysis
FIG 8. Asia Pacific Electric Spindles market, value chain analysis
FIG 9. Asia Pacific Electric Spindles market by segment, 2022 & 2032 (USD Million)
FIG 10. Asia Pacific Electric Spindles market by segment, 2022 & 2032 (USD Million)
FIG 11. Asia Pacific Electric Spindles market by segment, 2022 & 2032 (USD Million)
FIG 12. Asia Pacific Electric Spindles market by segment, 2022 & 2032 (USD Million)
FIG 13. Asia Pacific Electric Spindles market by segment, 2022 & 2032 (USD Million)
FIG 14. Asia Pacific Electric Spindles market, Country snapshot 2022 & 2032
FIG 15. Asia pacific Electric Spindles market 2022 & 2032 (USD Million)
FIG 16. Asia Pacific Electric Spindles market, company market share analysis (2023)
