Europe 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
Europe Electric Spindles Market is valued at approximately USD 235.55 million in 2023 and is anticipated to grow with a healthy growth rate of more than 5.45% over the forecast period 2024-2032. The Electric Spindle, a recent innovation in CNC machinery, integrates the spindle and motor into one device. It includes parts like a spindle, a frequency converter, an oil lubricator, a cooling system, an encoder, and a tool changer. This incorporation eliminates components such as belts or gears, improving the high-speed performance. The motor in the electric spindle provides quick speed, precision, and minimal noise, enabling effective high-speed rotations without limitations from belts or gears. The Europe Electric Spindles Market is receiving recognition because of the trends supporting quicker machining, advanced technology incorporation, precise attention, and sustainability. These tendencies are pushing for the use of electric spindle technology to improve performance and efficiency. The importance of the Europe Electric Spindles Market increases as it meets market demands for speed, precision, and environmentally friendly solutions, leading to improvements in CNC machining capabilities.
The main driver of the Europe Electric Spindle Market is the 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 persistent search for better performance and cost-effective solutions drives the widespread use of electric spindles in various manufacturing sectors, leading to a trend towards automation. However, Electric spindles can be lubricated with grease, oil mist, or oil-air techniques. Grease and oil mist are commonly used, but they do not effectively regulate the oil supply, leading to negative impacts on spindle performance and lifespan. Mist lubrication may have negative effects on the environment, whereas oil-air lubrication is more effective at managing oil but comes with a higher cost and complexity.
The key countries considered for the Europe Electric Spindles market study include the UK, Germany, France, Italy, Spain, and the Rest of Europe. The Europe Electric Spindle market is dominated by Germany due to its strong manufacturing bases and emphasis on precision engineering. The region stands out as a key player with its advanced machinery and automation technologies. The region's focus on high-tech industries like automotive, aerospace, and electronics drives the demand for electric spindles. The European market is witnessing significant growth in countries such as Germany, where industries are investing in advanced machining solutions for improved productivity and quality. Overall, Germany is the dominating region in the global electric spindle market, driven by technological advancements and a robust industrial sector. The market in France, on the other hand, is expected to develop at the fastest rate over the forecast period.
Major market player included in this report are:
Fischer AG Prдzisionsspindeln
Franz Kessler GmbH
HSD S.p.A.
Biesse Group
IBAG Group
Alfred Jдger GmbH
Giordano Colombo S.p.A
Step-Tec AG
Precise France
Suhner
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:
Europe
UK
Germany
France
Spain
Italy
ROE
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.
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 main driver of the Europe Electric Spindle Market is the 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 persistent search for better performance and cost-effective solutions drives the widespread use of electric spindles in various manufacturing sectors, leading to a trend towards automation. However, Electric spindles can be lubricated with grease, oil mist, or oil-air techniques. Grease and oil mist are commonly used, but they do not effectively regulate the oil supply, leading to negative impacts on spindle performance and lifespan. Mist lubrication may have negative effects on the environment, whereas oil-air lubrication is more effective at managing oil but comes with a higher cost and complexity.
The key countries considered for the Europe Electric Spindles market study include the UK, Germany, France, Italy, Spain, and the Rest of Europe. The Europe Electric Spindle market is dominated by Germany due to its strong manufacturing bases and emphasis on precision engineering. The region stands out as a key player with its advanced machinery and automation technologies. The region's focus on high-tech industries like automotive, aerospace, and electronics drives the demand for electric spindles. The European market is witnessing significant growth in countries such as Germany, where industries are investing in advanced machining solutions for improved productivity and quality. Overall, Germany is the dominating region in the global electric spindle market, driven by technological advancements and a robust industrial sector. The market in France, on the other hand, is expected to develop at the fastest rate over the forecast period.
Major market player included in this report are:
Fischer AG Prдzisionsspindeln
Franz Kessler GmbH
HSD S.p.A.
Biesse Group
IBAG Group
Alfred Jдger GmbH
Giordano Colombo S.p.A
Step-Tec AG
Precise France
Suhner
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:
Europe
UK
Germany
France
Spain
Italy
ROE
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.
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. EUROPE 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. Europe 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. EUROPE ELECTRIC SPINDLES MARKET DYNAMICS
3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities
CHAPTER 4. EUROPE 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. EUROPE ELECTRIC SPINDLES MARKET SIZE & FORECASTS BY TYPE 2022-2032
5.1. Built-in Spindle
5.2. Motorized Spindle
CHAPTER 6. EUROPE 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. EUROPE ELECTRIC SPINDLES MARKET SIZE & FORECASTS BY COUNTRY 2022-2032
7.1. U.K. Electric Spindles Market
7.1.1. Type breakdown size & forecasts, 2022-2032
7.1.2. Application breakdown size & forecasts, 2022-2032
7.2. Germany Electric Spindles Market
7.3. France Electric Spindles Market
7.4. Spain Electric Spindles Market
7.5. Italy Electric Spindles Market
7.6. Rest of Europe Electric Spindles Market
CHAPTER 8. COMPETITIVE INTELLIGENCE
8.1. Key Company SWOT Analysis
8.1.1. Fischer AG Prдzisionsspindeln
8.1.2. Franz Kessler GmbH
8.1.3. HSD S.p.A.
8.1.4. Top Market Strategies
8.2. Company Profiles
8.2.1. Fischer AG Prдzisionsspindeln
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. Franz Kessler GmbH
8.2.3. HSD S.p.A.
8.2.4. Biesse Group
8.2.5. IBAG Group
8.2.6. Alfred Jдger GmbH
8.2.7. Giordano Colombo S.p.A
8.2.8. Step-Tec AG
8.2.9. Precise France
8.2.10. Suhner
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. Europe 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. EUROPE ELECTRIC SPINDLES MARKET DYNAMICS
3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities
CHAPTER 4. EUROPE 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. EUROPE ELECTRIC SPINDLES MARKET SIZE & FORECASTS BY TYPE 2022-2032
5.1. Built-in Spindle
5.2. Motorized Spindle
CHAPTER 6. EUROPE 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. EUROPE ELECTRIC SPINDLES MARKET SIZE & FORECASTS BY COUNTRY 2022-2032
7.1. U.K. Electric Spindles Market
7.1.1. Type breakdown size & forecasts, 2022-2032
7.1.2. Application breakdown size & forecasts, 2022-2032
7.2. Germany Electric Spindles Market
7.3. France Electric Spindles Market
7.4. Spain Electric Spindles Market
7.5. Italy Electric Spindles Market
7.6. Rest of Europe Electric Spindles Market
CHAPTER 8. COMPETITIVE INTELLIGENCE
8.1. Key Company SWOT Analysis
8.1.1. Fischer AG Prдzisionsspindeln
8.1.2. Franz Kessler GmbH
8.1.3. HSD S.p.A.
8.1.4. Top Market Strategies
8.2. Company Profiles
8.2.1. Fischer AG Prдzisionsspindeln
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. Franz Kessler GmbH
8.2.3. HSD S.p.A.
8.2.4. Biesse Group
8.2.5. IBAG Group
8.2.6. Alfred Jдger GmbH
8.2.7. Giordano Colombo S.p.A
8.2.8. Step-Tec AG
8.2.9. Precise France
8.2.10. Suhner
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. Europe Electric Spindles market, report scope
TABLE 2. Europe Electric Spindles market estimates & forecasts by Country 2022-2032 (USD Million)
TABLE 3. Europe Electric Spindles market estimates & forecasts by Type 2022-2032 (USD Million)
TABLE 4. Europe Electric Spindles market estimates & forecasts by Application 2022-2032 (USD Million)
TABLE 5. Europe Electric Spindles market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 6. Europe Electric Spindles market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 7. Europe Electric Spindles market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 8. Europe Electric Spindles market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 9. Europe Electric Spindles market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 10. Europe Electric Spindles market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 11. Europe Electric Spindles market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 12. Europe Electric Spindles market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 13. Europe Electric Spindles market by segment, estimates & forecasts, 2022-2032 (USD Million) Europe Electric Spindles market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 14. UK Electric Spindles market estimates & forecasts, 2022-2032 (USD Million)
TABLE 15. UK Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 16. UK Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 17. Germany Electric Spindles market estimates & forecasts, 2022-2032 (USD Million)
TABLE 18. Germany Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 19. Germany Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 20. France Electric Spindles market estimates & forecasts, 2022-2032 (USD Million)
TABLE 21. France Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 22. France Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 23. Italy Electric Spindles market estimates & forecasts, 2022-2032 (USD Million)
TABLE 24. Italy Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 25. Italy Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 26. Spain Electric Spindles market estimates & forecasts, 2022-2032 (USD Million)
TABLE 27. Spain Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 28. Spain Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 29. RoE Electric Spindles market estimates & forecasts, 2022-2032 (USD Million)
TABLE 30. RoE Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 31. RoE Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 32. List of secondary sources, used in the study of Europe Electric Spindles Market.
TABLE 33. List of primary sources, used in the study of Europe Electric Spindles Market.
TABLE 34. Years considered for the study.
TABLE 35. Exchange rates considered.
TABLE 1. Europe Electric Spindles market, report scope
TABLE 2. Europe Electric Spindles market estimates & forecasts by Country 2022-2032 (USD Million)
TABLE 3. Europe Electric Spindles market estimates & forecasts by Type 2022-2032 (USD Million)
TABLE 4. Europe Electric Spindles market estimates & forecasts by Application 2022-2032 (USD Million)
TABLE 5. Europe Electric Spindles market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 6. Europe Electric Spindles market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 7. Europe Electric Spindles market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 8. Europe Electric Spindles market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 9. Europe Electric Spindles market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 10. Europe Electric Spindles market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 11. Europe Electric Spindles market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 12. Europe Electric Spindles market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 13. Europe Electric Spindles market by segment, estimates & forecasts, 2022-2032 (USD Million) Europe Electric Spindles market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 14. UK Electric Spindles market estimates & forecasts, 2022-2032 (USD Million)
TABLE 15. UK Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 16. UK Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 17. Germany Electric Spindles market estimates & forecasts, 2022-2032 (USD Million)
TABLE 18. Germany Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 19. Germany Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 20. France Electric Spindles market estimates & forecasts, 2022-2032 (USD Million)
TABLE 21. France Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 22. France Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 23. Italy Electric Spindles market estimates & forecasts, 2022-2032 (USD Million)
TABLE 24. Italy Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 25. Italy Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 26. Spain Electric Spindles market estimates & forecasts, 2022-2032 (USD Million)
TABLE 27. Spain Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 28. Spain Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 29. RoE Electric Spindles market estimates & forecasts, 2022-2032 (USD Million)
TABLE 30. RoE Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 31. RoE Electric Spindles market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 32. List of secondary sources, used in the study of Europe Electric Spindles Market.
TABLE 33. List of primary sources, used in the study of Europe Electric Spindles Market.
TABLE 34. Years considered for the study.
TABLE 35. Exchange rates considered.
LIST OF FIGURES
FIG 1. Europe Electric Spindles market, research methodology
FIG 2. Europe Electric Spindles market, market estimation techniques
FIG 3. Europe market size estimates & forecast methods.
FIG 4. Europe Electric Spindles market, key trends 2023
FIG 5. Europe Electric Spindles market, growth prospects 2022-2032
FIG 6. Europe Electric Spindles market, porters 5 force model
FIG 7. Europe Electric Spindles market, pestel analysis
FIG 8. Europe Electric Spindles market, value chain analysis
FIG 9. Europe Electric Spindles market by segment, 2022 & 2032 (USD Million)
FIG 10. Europe Electric Spindles market by segment, 2022 & 2032 (USD Million)
FIG 11. Europe Electric Spindles market by segment, 2022 & 2032 (USD Million)
FIG 12. Europe Electric Spindles market by segment, 2022 & 2032 (USD Million)
FIG 13. Europe Electric Spindles market by segment, 2022 & 2032 (USD Million)
FIG 14. Europe Electric Spindles market, Country snapshot 2022 & 2032
FIG 15. Europe Electric Spindles market 2022 & 2032 (USD Million)
FIG 16. Europe Electric Spindles market, company market share analysis (2023)
FIG 1. Europe Electric Spindles market, research methodology
FIG 2. Europe Electric Spindles market, market estimation techniques
FIG 3. Europe market size estimates & forecast methods.
FIG 4. Europe Electric Spindles market, key trends 2023
FIG 5. Europe Electric Spindles market, growth prospects 2022-2032
FIG 6. Europe Electric Spindles market, porters 5 force model
FIG 7. Europe Electric Spindles market, pestel analysis
FIG 8. Europe Electric Spindles market, value chain analysis
FIG 9. Europe Electric Spindles market by segment, 2022 & 2032 (USD Million)
FIG 10. Europe Electric Spindles market by segment, 2022 & 2032 (USD Million)
FIG 11. Europe Electric Spindles market by segment, 2022 & 2032 (USD Million)
FIG 12. Europe Electric Spindles market by segment, 2022 & 2032 (USD Million)
FIG 13. Europe Electric Spindles market by segment, 2022 & 2032 (USD Million)
FIG 14. Europe Electric Spindles market, Country snapshot 2022 & 2032
FIG 15. Europe Electric Spindles market 2022 & 2032 (USD Million)
FIG 16. Europe Electric Spindles market, company market share analysis (2023)
