Family Offices Global Market Report 2023 – By Type (Single Family Office, Multi-Family Office, Virtual Family Office), By Asset Class (Bonds, Equities, Alternative Investments, Commodities, Cash Or Cash Equivalents), By Office (Founders’ Office, Multi-Generational Office, Investment Office, Trustee Office, Compliance Office, Philanthropy Office, Shareholder's Office, Other Offices), By Net-Worth Managed (Less Than 50 Million, 50 Million To 100 Million, More Than 100 Million) – Market Size, Trends, And Global Forecast 2023-2032

An office building refers to a commercial building composed of spaces for offices. It is a building structure used primarily to conduct business operations such as administration, clerical services, consulting, and other client services without including retail sales. The main types of office buildings are smart buildings and traditional buildings. Smart buildings, also known as smart facilities, are buildings that use systems, services, and technologies based on information and communications technology to maximize the performance of the facility. The type of construction including new construction and renovation used for several applications such as owned and rental by private, public end users. The global office buildings market is segmented - 1) By Building Type: Smart Buildings, Traditional Buildings 2) By Construction Type: New Construction, Renovation 3) By Application: Owned, Rental 4) By End User: Private, Public The global office buildings market size is expected to grow from $567.20 billion in 2022 to $583.20 billion in 2023 at a compound annual growth rate (CAGR) of 2.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global office buildings market size is expected to reach $620.94 billion in 2027 at a CAGR of 1.6%. Demand from expanding companies is expected to propel the growth of the office buildings market going forward. Business expansion refers to an organization's efforts to expand in order to widen its range of operations and boost revenue. The organization's growth will increase the demand for new workers to complement their expanded operations, which further requires additional office space to accommodate the new employees. For instance, according to a study conducted on 500 UK-based small and medium-sized enterprises (SMEs) in October 2022 conducted by Airwallex, a UK-based fintech company, in 2023, 70% of businesses plan to expand into or even further expand into foreign markets. Out of the polled numbers, two-thirds (64%) will focus on Europe and North America, while one third (34%) are getting ready to grow into the Middle East, Latin America, Africa, and Asia-Pacific. Therefore, the demand from expanding companies is driving the growth of the office buildings market. Major players in the office buildings market are Kiewit Building Group Inc., Toll Brothers Inc., CBRE Group Inc., Bouygues S.A., Jacobs Solutions Inc., China Railway Construction Corporation Limited, Power Construction Corp, China State Construction Engineering Co. Ltd., Jones Lang LaSalle (JLL), Colliers International, Skanska AB, Gilbane Building Company, Holcim, The Korte Company, and Yates Construction. Sustainability and energy-efficient offices are a key trend gaining popularity in the office buildings market. Major companies operating in the office buildings sector are focused on sustainability to meet their carbon net-zero goals and the needs of new-generation workers. For instance, in March 2023, Adobe, a US-based software company, completed its new sustainable office in San Jose, California. The all-electric building draws its electric power from renewable sources, solar and wind. It has used a special glass to decrease the amount of heat and cold entering the building. 90% of the waste is recycled to divert it from landfills. Air source heat pumps were installed for heating and cooling instead of furnaces. In April 2022, Cianbro Corp., a US-based construction company, acquired R. C. Stevens Construction Company for an undisclosed amount. The acquisition will give both companies a permanent presence in the Southeast and create new chances to grow their markets. R. C. Stevens Construction Company is a Florida-based commercial construction company, including the construction of office buildings. Europe was the largest region in the office buildings market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global office buildings market report during the forecast period. The regions covered in the global office building market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the office building market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The office building market includes revenues earned by entities by planning, developing, designing, procuring, constructing, and leasing of public or private office buildings. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The office buildings market research report is one of a series of new reports from The Business Research Company that provides office buildings market statistics, including office buildings industry global market size, regional shares, competitors with an office buildings market share, detailed office buildings market segments, market trends, and opportunities, and any further data you may need to thrive in the office buildings industry. This office buildings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Office and factory buildings refer to enclosed structures that are placed over a parcel of land and are considered to be reasonably permanent. It is a type of commercial building that has areas primarily intended to be used for offices, and a factory building is any building or other structure where explosive material manufacture, or any portion thereof is carried out. The main types of office and factory buildings are residential and non-residential. Residential refers to a situation involving residences, apartments, or any other setting where people live. The various construction types include new construction and renovation. These are used in various applications such as owned, rental, and by various end users such as private and public. The global office and factory buildings market is segmented - 1) By Type: Residential, Non-residential 2) By Construction Type: New Construction, Renovation 3) By Application: Owned, Rental 4) By End User: Private, Public The global office and factory buildings market size is expected to grow from $859.47 billion in 2022 to $885.49 billion in 2023 at a compound annual growth rate (CAGR) of 3.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global office and factory buildings market size is expected to reach $949.83 billion in 2027 at a CAGR of 1.8%. Rapid industrialization is expected to propel the growth of the office and factory buildings market going forward. Industrialization refers to the process of moving a country's or region's economy away from a reliance on agriculture and towards one that is driven by industry. Industrialization increases the need for various office and factory buildings that could make great contributions to housing demand with prefabrication, and modular construction in factories and then assembling them on the job site, which could increase the quality of project implementation and reduce the project time. For instance, in December 2021, according to a report shared by Eurostat, a Luxembourg-based government agency, the production of manufactured goods grew by 8 percent in 2021 compared to 2020. Additionally, in 2021, manufacturing contributed $2.3 trillion to U.S. GDP, amounting to 12.0 percent of the total U.S. GDP. Therefore, rapid industrialization is driving the growth of the office and factory buildings market. Major players in the office and factory buildings market are Power Construction Corporation of China, China State Construction Engineering Co. Ltd., Bouygues Construction, Lennar Corporation, Kiewit Building Group Inc., Actividades de Construcción y Servicios S.A.(ACS), Hochtief AG, Vinci SA, Larsen & Toubro Ltd, Skanska Group, Gammon India Limited, Tata Projects Limited, Bechtel Corporation, Fluor Corporation, The Whiting-Turner Contracting Company, and DPR (Doug, Peter and Ron) Construction. Technological advancement is a key trend gaining popularity in the office and factory buildings market. Major companies operating in office and factory buildings are focused on developing innovative solutions to strengthen their position in the market. For instance, in February 2022., Black Buffalo 3D Corporation, a US-based, construction equipment supplier company, launched its technological product, NEXCON 1G 3D construction printer, which specializes in single- to three-story residential and commercial applications, with the ability to print up to three stories depending on roof design. This technology is a stronger, more sustainable, and cost-effective way to build affordable housing, infrastructure, and much more. Additionally, this technology gives builders a 70 percent reduction in materials costs, almost zero waste, and up to an 80 percent reduction in labor costs and build time. In December 2022, DiGeronimo Companies., a US-based construction company, acquired Winter Companies for an undisclosed amount. With this acquisition, DiGeronimo Companies aims to quicken the growth of its Cleveland-based business in the construction and development industry. Winter Companies is a US-based, commercial construction company providing construction management, design-build, and general contracting services. North America was the largest region in the office and factory buildings market in 2022. The regions covered in the global office and factory buildings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the office and factory buildings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The office and factory buildings market includes revenues earned by entities by constructing commercial buildings, traditional office buildings, single-story buildings, multi-story buildings, high bay buildings, and monitor-type buildings. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The office and factory buildings market research report is one of a series of new reports from The Business Research Company that provides office and factory buildings market statistics, including office and factory buildings industry global market size, regional shares, competitors with an office and factory buildings market share, detailed office and factory buildings market segments, market trends and opportunities, and any further data you may need to thrive in the office and factory buildings industry. This office and factory buildings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A coworking space is a shared or collaborative office space shared by many individuals or businesses located in the same buildings, provided on a rental basis by the property owners, and that helps employees replicate the sense of community that may be lacking in the virtual workplace. The main types of businesses in coworking spaces are open or conventional coworking spaces, corporate or professional coworking spaces, and others. The corporate/professional coworking space caters to tenants who are more corporate or professional. It will be more cost-effective than a high-end location, with a peaceful, personal, and professional ambiance, softer lighting, and less energy consumption than other types of rooms. The different users include enterprises, freelancers, and others, and are used by various sectors such as finance, legal services, marketing, technology, real estate, consulting services, and others. The global coworking space market is segmented - 1) By Business Type: Open/ Conventional Coworking Spaces, Corporate/ Professional Coworking Spaces, Other Business Types 2) By End Use: Finance, Legal Services, Marketing, Technology, Real Estate, Consulting Services, Other End Uses 3) By User: Enterprises, Freelancer, Other Users The global coworking space market size will grow from $16.17 billion in 2022 to $19.05 billion in 2023 at a compound annual growth rate (CAGR) of 17.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global coworking space market size is expected to grow to $34.99 billion in 2027 at a CAGR of 16.4%. The coworking spaces market is majorly determined by the increase in the number of start-ups globally. According to the Global Startup Ecosystem Report 2021, by Startup Genome, the global start-up economy was worth $ 3.8 trillion. The growth is backed by the expansion of internet space, exposure to the knowledge of entrepreneurship outside the boundaries of the country, and improved literacy rates. Besides, advanced manufacturing and robotics, agriculture technology and new food, blockchain, artificial intelligence, big data, and analytics were the fastest-growing start-up sub-sectors globally. Therefore, the rise in the number of startups across various industries globally increased the demand for coworking spaces, driving the market during the forecast period. Major players in the coworking spaces market are Wework, Regus Corporation (IWG Plc), Mix Pace, Knotel Inc., SimplyWork, District Cowork, Premier Workspaces, Krspace, Convene, Servcorp Limited, Novel Coworking, TechSpace Inc., SOMAcentral, HackerLab, Industrious, UCOMMUNE, Your Alley, Impact Hub, Serendipity Labs, Make Office, Green Desk, Venture X, Office Evolution, CommonGrounds Workplace, and Intelligent Office and Studio. The increase in the number of people working from home or remotely owing to the COVID-19 lockdown limits the growth of the market. For instance, in March 2020, many companies working from home owing to the COVID-19 pandemic, and operators of coworking spaces have seen an almost 50% decline in footfalls. Furthermore, according to the Business 2 Community publication in April 2020, the number of people working remotely has grown by 44% in the last five years, with 7 million people (3.4% of the population) working remotely in the USA before their arrival of COVID-19. Nevertheless, the number of people working remotely is tremendously increased owing to the coronavirus outbreak over the last few months. Consequently, declining the revenues generated by the coworking spaces market during 2020. The development of sustainable coworking spaces is a major trend shaping the coworking spaces market. Coworking spaces are implementing eco-friendly measures in the workplace to attract entrepreneurs concerned with environmental issues such as global warming. Sustainable practices adopted by coworking space providers offer substantial benefits and are economically feasible. For instance, CoCoon in Hong Kong has a floor made of natural bamboo and uses non-toxic paints and LED lights. In addition to this, drought-resistant plants are part of the interior and exterior. Another such example is Green Spaces in Denver uses about 160 solar panels on the roofs of its offices. These allow significant cost savings at Green Spaces. Thus, sustainable coworking space is a key trend in the coworking spaces market. In January 2022, WeWork Inc. a US-based company providing coworking spaces, including physical and virtual spaces acquired Common Desk for an undisclosed amount. This acquisition helps WeWork Inc. to execute a path towards cost-efficient, strategic growth. Common Desk is committed to creating experiential coworking and office spaces that boast flexible memberships for all types of professionals across the USA. Asia-Pacific was the largest region in the coworking space market share in 2022. North America was the second largest region in the global coworking space market. The regions covered in the global coworking spaces market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the coworking space market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The coworking spaces market consists of revenues earned by entities that provide coworking space on rent or lease. Unlike traditional office rental, the cost of renting coworking workspaces usually covers the use of related services/equipment such as office chairs and desks, internet/Wi-Fi connection, hardware, software, and others. The industry includes businesses that offer non-residential structures with amenities and facilities on a flexible rental basis. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The coworking spaces market research report is one of a series of new reports from The Business Research Company that provides coworking spaces market statistics, including coworking spaces industry global market size, regional shares, competitors with a coworking spaces market share, detailed coworking spaces market segments, market trends and opportunities, and any further data you may need to thrive in the coworking spaces industry. This coworking spaces market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Television network refers to a collection of TV channels produced by TV stations and distributed over a single terrestrial or satellite system. The main types of services in television networks are direct broadcast satellite services (DBS), satellite master antenna systems services (SMATV), multipoint distribution system services (MDS), closed-circuit television circuits, subscription channel services, cable, and other payment services. DBS refers to the satellite television broadcasts specific to home reception. It covers analog and digital television and radio reception and is extended to other services provided by modern iTV systems, for instance, video-on-demand and interactive features. The different revenue models include subscription, advertisement and involve various broadcaster services such as public, commercial. The global television network market is segmented - 1) By Service: Direct Broadcast Satellite Services (DBS), Satellite Master Antenna Systems Services (SMATV), Multipoint Distribution System Services (MDS), Closed Circuit Television Cicuits, Subscription Channel Services, Cable and Other Pay Services 2) By Revenue Model: Subscription, Advertisement 3) By Broadcaster Services: Public, Commercial The global television network market size will grow from $147.13 billion in 2022 to $155.82 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global television network is expected to grow to $189.42 billion in 2027 at a CAGR of 5.0%. The introduction of new digital and high definition (HD) channels has transformed television network services in recent times. Currently, more and more television stations and networks have started to broadcast in high definition. The networks not only have gained a large number of viewers but have also made advertising money as an increased number of people are noted to watch the commercials due to the high definition quality. The increase in the demand for HD channels has motivated the migration from analog to digital broadcasting as digital technology provides an enhanced user experience. The innovative technologies in television networks are about personalized technology, on-demand viewer experience, individualized content distribution, and binge-watching, which in turn are expected to drive the television network market. Major players in the television network market are Cox Enterprises Inc., Time Warner Cable Inc., Comcast Corporation, ESPN, CNN, Viacom Inc., Vivindi SA, Liberty Media Corp., and Discovery Inc. The high subscription cost of HD (high definition) channels is hindering the television network market growth. HD channels carry higher prices than SD channels. To view high-definition television shows, not only that a person needs a television set capable of showing the high-definition video, but also requires a source available to provide the content. All this includes substantial costs. There is usually an additional cost for the HD set-top box in addition to the cost of a normal package plan, cable TV cost, satellite TV channel packages, broadband connection, and a digital media box cost, among others. The high costs involved in high-definition services are therefore challenging the television network market growth. The emergence of the two-way cable television system has provided cable operators with an opportunity to reach a wide customer base. More and more cable operators are offering two-way channel capability that allows customers to communicate/interact with programming facilities or information centers within the system. Using the two-way cable television systems, the subscribers with home computers can link up with the computer network. This system provides subscribers access to data banks and permits them to interact with other online users. They can participate in public-opinion polls or call up various kinds of written and graphic materials. The two-way cable television system is therefore providing several growth opportunities for the players in the cable television network system. In August 2022, Nexstar Media Group, a US-based TV station owner acquired a majority stake (75%) in CW network for an undisclosed amount. The acquisition would provide diverse content aspirations to the company. CW network is a US-based commercial broadcast network. Western Europe was the largest reegion in the television network market in 2022. Eastern Europe is expected to be the fastest-growing region in the global television network market during the forecast period.The regions covered in the global television network market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the television network market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The television network market includes revenues earned by entities by programming material which is usually delivered to a third party, such as cable systems or direct-to-home satellite systems, for transmission to viewers. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The television network market research report is one of a series of new reports from The Business Research Company that provides television network market statistics, including television network industry global market size, regional shares, competitors with a television network market share, detailed television network market segments, market trends and opportunities, and any further data you may need to thrive in the television network industry. This television network market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Woodworking machines are specially designed machines that are used in workshops to cut, saw, plane, or drill wood for the production of furniture. These machines are primarily powered by electric motors or are mechanical and are widely used in woodworking to provide fine dimensions and shapes. The woodworking machinery converts raw wood materials into structural products including plywood, boards, and beams for use in construction, shipbuilding, furniture, and others. The main types of products in woodworking machinery are thickness planers, grinding machines, chain or chisel mortises, routers, wood lathes, and others. Thickness planers are used to chisel wood from the surface of boards to either make rough surfaces flat and smooth or reduce their thickness. The different operating principles include mechanical, and electrical and are available in both online and offline sales channels. It is implemented in various verticals, including the furniture industry, construction industry, and others. The global woodworking machinery market is segmented – 1) By Product Type: Thickness Planer, Grinding Machines, Chain Or Chisel Mortise, Routers, Wood Lathes, Other Product Types 2) By Operating Principal: Electrical, Mechanical 3) By Sales Channel: Online, Offline 4) By End-User: Furniture Industry, Construction Industry, Other End-Users The global woodworking machinery market size is expected to grow from $28.18 billion in 2022 to $30.32 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of woodworking machinery is expected to reach $39.26 billion in 2027 at a CAGR of 6.7%. The increasing adoption of the automated woodworking machinery market is expected to propel the growth of the woodworking machinery market in the forecast period. The growing emphasis in the industry on assuring flexibility and highly customized goods has resulted in a greater demand for highly specialized woodworking machinery in the manufacturing process. As a result, automation technologies have been integrated into traditional woodworking equipment. For instance, in 2019, Biesse Group, an Italy-based company that provides technologies for processing wood, glass, stone, advanced material, and metal automated its 5-axis heads, a woodworking device on its manufacturing line, to minimize travel period and enhance machine accuracy on production lines. Therefore, the increasing adoption of automated woodworking machinery drives the growth of the woodworking machinery market. Major players in the woodworking machinery market are SCM Group, HOMAG Group, Paolino Bacci, Biesse Group, Michael Weinig AG, Otto Martin Maschinenbau GmbH & Co. KG, Oliver Machinery Co., Holytek Industrial Corp., IMA Schelling Group GmbH, KTCC Woodworking Machinery, Rojek Woodworking Machinery Inc., Cheng Kuang Machinery, Vigano Mario Srl, Linze Woodworking Machinery Co., Daltons Wadkin, Hermance Machine Company, and Rilesa. Technological advancements are shaping the woodworking machinery market. Major companies operating in the woodworking machinery sector are focused on developing technological solutions for woodworking machinery to satisfy the rising market demand. For instance, in April 2020, Walter, a Germany-based machine industry launched Helitronic Raptor Diamond, an eroding and grinding machine. The Helitronic Raptor Diamond is equipped with Fine Pulse Technology. For wood or metal tools, the Helitronic Raptor Diamond offers maximum flexibility. This machine is designed for re-sharpening polycrystalline diamonds. Helitronic Raptor Diamond is not equipped with wheel/electrode changers, robot loaders, or hydraulic tool supports, unlike other machines by Walter. Asia-Pacific was the largest region in the woodworking machinery market in 2022. North America was the second-largest market in the woodworking machinery market share. The regions covered in the woodworking machinery market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the woodworking machinery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The woodworking machinery market consists of sales of surface/thickness planer, tenoning machine, chain/chisel mortiser, jig saw, grinder/grinding machine, and nail gun. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The woodworking machinery market research report is one of a series of new reports from The Business Research Company that provides woodworking machinery market statistics, including woodworking machinery industry global market size, regional shares, competitors with a woodworking machinery market share, detailed woodworking machinery market segments, market trends and opportunities, and any further data you may need to thrive in the woodworking machinery industry. This woodworking machinery global market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The metal working machinery refers to machines that work by electricity for performing different actions on metals including sanding, knurling, drilling, boring, facing, threading as well as turning. Metalwork is defined as a process of working with metals in order to create individual parts, assemblies, and large structures. The main types of metalworking machinery are special die and tool, die set, jig, and fixture, machine tool, industrial mold, rolling mill, and other metalworking machinery, and cutting tool and machine tool accessory. Industrial mold refers to the molding or shaping of a liquid or raw material. The various cAsia-Pacificity includes small, medium, and large. These are used in automotive, manufacturing, and other applications. The global metalworking machinery market is segmented - 1) By Type: Special Die And Tool, Die Set, Jig, And Fixture, Machine Tool, Industrial Mold, Rolling Mill And Other Metalworking Machinery, Cutting Tool And Machine Tool Accessory 2) By Capacity: Small, Medium, Large 3) By Application: Automotive, Manufacturing, Other Applications Subsegments Covered: Dies, Stamping and Other Tools, Jigs and fixtures, Metal Cutting Tools, Metal Forming Tools, Metal Molds, Other Material Molds, Wire Drawing and Fabricating Machinery, Coil Winding and Cutting Machinery, Rolling Mill Machines, Other Rolling Mill And Other Metalworking Machinery, Metalworking Knives And Bits, Measuring Attachments, Metalworking Drill Bits, Machine Tool Taps And Dies The global metalworking machinery market size grew from $252.93 billion in 2022 to $271.38 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global metalworking machinery market is expected to grow to $346.97 billion in 2027 at a CAGR of 6.3%. The metal working machinery manufacturing market growth is aided by stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global GDP growth will be 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Stable economic growth is expected to increase investments in the end-user markets, thereby driving the market during the forecast period. Major companies in the metalworking machinery market include Sandvik AB, Berkshire Hathaway Inc., TRUMPF Group, Mitsubishi Heavy Industries Ltd., Amada Co. Ltd., Toyota Tsusho, Colfax Corporation, Fanuc Corp, Okuma Corporation, and Taiyo Nippon Sanso Corporation. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the metalworking machinery manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and manufacturing activity declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Machinery manufacturers depend heavily on the supply of raw materials, parts, and components from different countries across the globe. As many governments restricted the movement of goods across countries, manufacturers had to halt production due to a lack of raw materials and components. The outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the metalworking machinery manufacturing market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Machinery manufacturers are offering advanced 6-axis CNC milling machines to efficiently fabricate complex components. CNC milling is a specific type of computer numerical controlled (CNC) machining. This involves the use of computers to control machine tools like lathes, mills, routers, and grinders. The 6-axis CNC machine converts a raw metal bar into the final product by turning from both ends of the fixture. This offers high-quality products while minimizing errors. CNC milling helps in the short-run production of complex parts and the fabrication of unique precision components. Major companies manufacturing 6-axis CNC milling are Yamazaki Mazak, DMG MORI, ERLO, Giben International, Haas Automation, Knuth Machine Tools, and IMSA. The Asia-Pacific was the largest region in the metalworking machinery market share in 2022. Western Europe was the second largest region in the metalworking machinery market. The regions covered in the global metal working machinery industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the metalworking machinery market include Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The metal working machinery market consists of sales of various kinds of metal working machines available in different forms, including lathes, milling machines, and planers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The metal working machinery market research report is one of a series of new reports from The Business Research Company that provides metal working machinery market statistics, including metal working machinery industry global market size, regional shares, competitors with a metal working machinery market share, detailed metal working machinery market segments, market trends and opportunities, and any further data you may need to thrive in the metalworking machinery industry. This metal working machinery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Rolling mill refers to an establishment where metal is rolled into plates and bars. Metalworking Machinery refers to a type of equipment that's designed specifically for metal workpieces. The main types of rolling mill and other metalworking machinery are wire drawing and fabricating machinery, coil winding and cutting machinery, rolling mill machines, and other types. The rolling mill machines refer to the machines that are used for rolling the metal with the help of two rolls. The various capacities include small, medium, and large used in metal manufacturing, machinery and equipment, automotive, and other applications. The global rolling mill and other metalworking machinery market is segmented - 1) By Type: Wire Drawing and Fabricating Machinery, Coil Winding and Cutting Machinery, Rolling Mill Machines, Other Rolling Mill And Other Metalworking Machinery 2) By Capacity: Small, Medium, Large 3) By Application: Metal Manufacturing, Machinery and Equipment, Automotive, Other Applications The global rolling mill and other metalworking machinery market size grew from $27.97 billion in 2022 to $30.15 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global rolling mill and other metalworking machinery is expected to grow to $39.12 billion in 2027 at a CAGR of 6.7%. Rapid advances in technology are expected to drive innovation in rolling mills and other metalworking machinery market, thus driving the market during the forecast period. Furthermore, technologies such as 3D printing, artificial intelligence, and big data analytics are being used in manufacturing thus resulting in higher productivity, lower operating costs, and higher margins. For instance, according to a global survey by The Economist Intelligence Unit, about 90% of corporate executives felt that artificial intelligence (AI) will have a positive impact on a company’s growth and 86% of respondents considered that AI will help improve productivity. Lower operating costs lead to higher margins, this allows companies to increase product portfolio and enter new markets by making investments made through cost savings. IoT applications are also being integrated into these devices to enable services such as remote monitoring, and central feedback systems and to offer other services. Mobile applications, advanced sensors, and embedded software also created new opportunities for companies in this market. These factors are expected to drive the growth of the rolling mill and other metalworking machinery market during the forecast period. Major company in the rolling mill and other metalworking machinery markets include TRUMPF Group, Amada Co Ltd., Mitsubishi Electric, LST GmbH, and Mazak. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the rolling mill and other metalworking machinery market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Manufacturers depend heavily on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. The outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the rolling mill and other metalworking machinery market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Metalworking machinery manufacturers are producing 3D laser processing machines to reduce processing time for laser cutting and welding applications. 3D laser is a 5-axle laser machine that cuts sheet-metal components in three dimensions. Metals including mild steel, stainless less, and aluminum can be cut using lasers. Laser cutting significantly reduces the processing time required for cutting applications and thus reduces costs. Other benefits include localized laser energy input, high feed rate, and minimal heat input. 3D lasers are typically used in the automotive and aerospace industry for cutting or welding aluminum parts, drilling engine parts, and laser surfacing used parts. According to an article published by engineering.com, laser cutting machines account for the largest segment of the metal cutting machinery market thus indicating a significant rise in the use of this technology. Major companies producing 3D laser cutting machines include Mitsubishi Electric, Trumpf, LST GmbH, and Mazak. The Asia-Pacific was the largest region in the rolling mill and other metalworking machinery market in 2022. Western Europe was the second largest region of the global rolling mill and other metalworking machinery market share. The regions covered in the global rolling mill and other metalworking machinery market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the rolling mill and other metalworking machinery markets are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The rolling mill and other metalworking machinery market consist of sales of reversing mill, semi continuous mills, continuous mills, and tandem mill. Values in the rolling mill and other metalworking machinery market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The rolling mill and other metalworking machinery market research report is one of a series of new reports from The Business Research Company that provides rolling mill and other metalworking machinery market statistics, including rolling mill and other metalworking machinery industry global market size, regional shares, competitors with a rolling mill and other metalworking machinery market share, detailed rolling mill and other metalworking machinery market segments, market trends and opportunities, and any further data you may need to thrive in the rolling mill and other metalworking machinery industry. This rolling mill and other metalworking machinery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Home and office furniture refers to any piece of furniture that can stand alone and doesn't need to be assembled from parts that are utilized for various purposes, such as for people working from home on office days, families working on house budgets, and kids doing school projects, and mainly involves products, such as couches, sofas, non-decorated kitchenware, tables, chairs, and drawers. The main types of products for the home office furniture market are seating, storage units, desks and tables, and others. The storage unit includes shelves and cabinets and fits perfectly in the home office to store office files. The material used in home office furniture is wood, metal, plastic, and others. The prices for home office furniture include premium, mid-range, and economic, which are distributed by flagship stores, specialty stores, online, and others. The global home office furniture market is segmented - 1) By Product: Seating, Storage Units, Desks and Tables, Other Products 2) By Material: Wood, Metal, Plastic, Other Materials 3) By Price: Premium, Mid-range, Economic 4) By Distribution Channel: Flagship Stores, Specialty Stores, Online, Other Distribution Channels The global home office furniture market size grew from $28.68 billion in 2022 to $31.02 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The home office furniture market size is expected to grow to $42.05 billion in 2027 at a CAGR of 7.9%. The recent outbreak of the COVID-19 pandemic has led to a surge in demand for home office furniture, with an increase in employees working from home. For example, in July 2020, thousands of Canadian federal government employees have been offered an amount of $500 each to buy home office furniture as they will work from home until the pandemic ends. Thus, the rise in the usage of home furniture during the pandemic propelled the demand for the home office furniture market. In 2020, since the beginning of lockdown Pepperfry, which is engaged in manufacturing home furniture has seen a rise in demand for tables and chairs in India that has raised to 175% and 135% respectively, as most of the people are working from home and setting a proper work station at home has become a necessity for everyone. Thus, an increase in the purchase of home furniture to facilitate employees working from home during the pandemic contributed to the growth of the market. Major players in the home office furniture market are Ashley Furniture Industries, Herman Miller Inc., Inter IKEA Group, Sears Holdings, Steelcase Inc., Knoll Inc., Masco, Poltrona Frau, Hooker Furniture, and Kimball International. The launch of 3D modelling and other technological innovations in the furniture world is a key trend in the home office furniture market. According to Xarpie Labs, a variety of technologies such as 3D modeling, virtual reality, and augmented reality are being used in most of its processes, beginning with planning and developing prototypes or products, right through marketing, and to the end of the value chain, which is sales. Integrating these technologies assures the special effect on how the furniture looks and also helps develop digital inventories to understand customer requirements. For instance, in July 2022, Studio Oberhauser, an Italy-based interior design company, launched Chair No. Chair No. 1 is a 3D-printed chair that is both innovative and lightweight. It is both strong and long-lasting, printed using the most advanced concrete powder bed printing technology, and printed in one piece. The chairs have a continuous, smooth surface and are structurally stable. In April 2021, Herman Miller, Inc., a US based furniture company offering office and home furniture products, announced the acquisition of Knoll Inc. for $1.8 billion. Under this deal, Herman Miller shareholders will own approximately 78% of the combined company, while Knoll shareholders will own approximately 22%. Knoll is a U.S.-based manufacturer of chairs, tables and desks, and accessories for the office, home, and higher education settings. North America was the largest region in the home office furniture market in 2022. Asia-Pacific is expected to grow faster in the forecast period. The regions covered in the home Office Furniture analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the home office furniture market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The home office furniture market consists of sales of linear and corner workstations, reception desks, chairs, polyvinyl chloride, glass, and elastic polymers.Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The home office furniture market research report is one of a series of new reports from The Business Research Company that provides home office furniture market statistics, including home office furniture industry global market size, regional shares, competitors with a home office furniture market share, detailed home office furniture market segments, market trends and opportunities, and any further data you may need to thrive in the home office furniture industry. This home office furniture market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.