A balancing machine is a measuring tool used for balancing rotating machine parts such as rotors for electric motors, fans, turbines, disc brakes, disc drives, propellers and pumps. The machine usually consists of two rigid pedestals, with suspension and bearings on top supporting a mounting platform. The unit under test is bolted to the platform and is rotated either with a belt-, air-, or end-drive. As the part is rotated, the vibration in the suspension is detected with sensors and that information is used to determine the amount of unbalance in the part. Along with phase information, the machine can determine how much and where to add or remove weights to balance the part.
Europe has the largest global export quantity and manufacturers in single vertical balancing machine market, while the North America is the second sales volume market for single vertical balancing machine in 2016.
In the industry, Schenck profits most in 2016 and recent years, while DSK and Kokusai ranked 2 and 3.The market share of them is 42.63%, 8.65% and 7.18% in 2016.The gap of market share is keep on enlarged due to different strategy.
Nowadays, Automatic Single vertical balancing machine is the main technology for single vertical balancing machine, and the Automatic Single vertical balancing machine reached a sales revenue of approximately 159.62 M USD in 2016, with 91.21% of global sales revenue.

According to this study, over the next five years the Single Vertical Balancing Machine market will register a 2.8% CAGR in terms of revenue, the global market size will reach USD 210 million by 2024, from USD 180 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Single Vertical Balancing Machine business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Single Vertical Balancing Machine market by product type, application, key manufacturers and key regions and countries.

This study considers the Single Vertical Balancing Machine value and volume generated from the sales of the following segments-

Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Manual Balancing Machine
Automatic Balancing Machine
Small Balancing Machine
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Heavy Industry
Auto Industry
Aviation Industry
Home Appliances
Others

This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
SCHENCK
KOKUSAI.
DSK
Haimer
CWT
Schiak
Beijing Keeven
Balance United
Shanghai Jianping
BalanStar
BalanceMaster
Nan Jung
CEMB
Hofmann
Cimat
Xiaogansonglin

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Single Vertical Balancing Machine consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Single Vertical Balancing Machine market by identifying its various subsegments.
Focuses on the key global Single Vertical Balancing Machine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Single Vertical Balancing Machine with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Single Vertical Balancing Machine submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.