Report Detail

Machinery & Equipment Global Universal Horizontal Balancing Machine Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032

  • RnM4776906
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  • 06 November, 2026
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  • Global
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  • 143 Pages
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  • GIR
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  • Machinery & Equipment

According to our (Global Info Research) latest study, the global Universal Horizontal Balancing Machine market size was valued at US$ 603 million in 2025 and is forecast to a readjusted size of US$ 829 million by 2032 with a CAGR of 4.9% during review period.
In 2025, the global production of Universal Horizontal Balancing Machines reached approximately 18,600 units, with an average selling price of approximately US$31,500 per unit, production capacity of approximately 24,500 units, and a gross margin of approximately 32.0%.
A Universal Horizontal Balancing Machine is a general-purpose industrial balancing system designed to measure static and dynamic unbalance in rotating workpieces with a horizontally oriented rotational axis. The machine typically rotates the workpiece through belt drive, universal-joint drive, end drive, or similar mechanisms and uses vibration- or force-sensing systems to determine the magnitude and angular position of unbalance, providing the basis for subsequent manual or automatic correction. Compared with dedicated balancing machines designed for specific components, universal horizontal balancing machines can accommodate rotors of different sizes, weights, and configurations by adjusting their bearing pedestals, drive systems, and fixtures. They are widely used for balancing motor rotors, fan impellers, pump rotors, compressor rotors, spindles, rollers, crankshafts, turbines, and other rotating machinery components in manufacturing, maintenance, and quality inspection.
The global Universal Horizontal Balancing Machine market is a relatively mature industrial testing equipment market with stable demand, primarily driven by the automotive and automotive components, electric motor, fan, pump, compressor, aerospace, energy, and general machinery industries. Compared with fully automatic horizontal balancing machines, universal horizontal balancing machines offer broader workpiece compatibility, greater flexibility for product changeovers, and relatively lower investment costs, making them particularly suitable for high-mix/low-volume production, R&D testing, maintenance and repair, and independent quality inspection. Market competition mainly focuses on measurement accuracy, maximum rotor weight, rotor size range, rotational speed range, drive method, software capabilities, and equipment reliability. International manufacturers such as SCHENCK, Hofmann, CEMB, CIMAT, and KOKUSAI maintain strong positions in the mid- to high-end segment, while Chinese and Indian manufacturers continue to expand their presence in Asian and other emerging industrial markets through competitive pricing and customization capabilities.
Report Scope
This report is a detailed and comprehensive analysis for global Universal Horizontal Balancing Machine market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Universal Horizontal Balancing Machine market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2021-2032
Global Universal Horizontal Balancing Machine market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2021-2032
Global Universal Horizontal Balancing Machine market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2021-2032
Global Universal Horizontal Balancing Machine market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Universal Horizontal Balancing Machine
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Universal Horizontal Balancing Machine market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include SCHENCK, Universal Balancing, Hines Industries, TIRA GmbH, Sigma Electronics, Krutam, KOKUSAI, ProBal, CEMB, Hofmann, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Universal Horizontal Balancing Machine market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market Segmentation
Market segment by Type
Drilling Correction
Milling Correction
Cutting Correction
Weight-Adding Correction
Others
Market segment by Drive Type
Belt-Driven
Universal Joint-Driven
Spindle-Driven
Market segment by Maximum Workpiece Weight
50 kg and Below
50–500 kg
500–2,000 kg
Above 2,000 kg
Market segment by Application
Automotive & Automotive Components
Motors & Generators
Fans & Blowers
Pumps & Compressors
Aerospace
Industrial Machinery
Others
Major players covered
SCHENCK
Universal Balancing
Hines Industries
TIRA GmbH
Sigma Electronics
Krutam
KOKUSAI
ProBal
CEMB
Hofmann
HAIMER
CIMAT
Shanghai Jianping
Beijing Keeven
Blue Star
FIE
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Chapter Outline
Chapter 1, to describe Universal Horizontal Balancing Machine product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Universal Horizontal Balancing Machine, with price, sales quantity, revenue, and global market share of Universal Horizontal Balancing Machine from 2021 to 2026.
Chapter 3, the Universal Horizontal Balancing Machine competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Universal Horizontal Balancing Machine breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Universal Horizontal Balancing Machine market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Universal Horizontal Balancing Machine.
Chapter 14 and 15, to describe Universal Horizontal Balancing Machine sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Universal Horizontal Balancing Machine Consumption Value by Type: 2021 Versus 2025 Versus 2032
    • 1.3.2 Drilling Correction
    • 1.3.3 Milling Correction
    • 1.3.4 Cutting Correction
    • 1.3.5 Weight-Adding Correction
    • 1.3.6 Others
  • 1.4 Market Analysis by Drive Type
    • 1.4.1 Overview: Global Universal Horizontal Balancing Machine Consumption Value by Drive Type: 2021 Versus 2025 Versus 2032
    • 1.4.2 Belt-Driven
    • 1.4.3 Universal Joint-Driven
    • 1.4.4 Spindle-Driven
  • 1.5 Market Analysis by Maximum Workpiece Weight
    • 1.5.1 Overview: Global Universal Horizontal Balancing Machine Consumption Value by Maximum Workpiece Weight: 2021 Versus 2025 Versus 2032
    • 1.5.2 50 kg and Below
    • 1.5.3 50–500 kg
    • 1.5.4 500–2,000 kg
    • 1.5.5 Above 2,000 kg
  • 1.6 Market Analysis by Application
    • 1.6.1 Overview: Global Universal Horizontal Balancing Machine Consumption Value by Application: 2021 Versus 2025 Versus 2032
    • 1.6.2 Automotive & Automotive Components
    • 1.6.3 Motors & Generators
    • 1.6.4 Fans & Blowers
    • 1.6.5 Pumps & Compressors
    • 1.6.6 Aerospace
    • 1.6.7 Industrial Machinery
    • 1.6.8 Others
  • 1.7 Global Universal Horizontal Balancing Machine Market Size & Forecast
    • 1.7.1 Global Universal Horizontal Balancing Machine Consumption Value (2021 & 2025 & 2032)
    • 1.7.2 Global Universal Horizontal Balancing Machine Sales Quantity (2021-2032)
    • 1.7.3 Global Universal Horizontal Balancing Machine Average Price (2021-2032)

2 Manufacturers Profiles

  • 2.1 SCHENCK
    • 2.1.1 SCHENCK Details
    • 2.1.2 SCHENCK Major Business
    • 2.1.3 SCHENCK Universal Horizontal Balancing Machine Product and Services
    • 2.1.4 SCHENCK Universal Horizontal Balancing Machine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.1.5 SCHENCK Recent Developments/Updates
  • 2.2 Universal Balancing
    • 2.2.1 Universal Balancing Details
    • 2.2.2 Universal Balancing Major Business
    • 2.2.3 Universal Balancing Universal Horizontal Balancing Machine Product and Services
    • 2.2.4 Universal Balancing Universal Horizontal Balancing Machine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.2.5 Universal Balancing Recent Developments/Updates
  • 2.3 Hines Industries
    • 2.3.1 Hines Industries Details
    • 2.3.2 Hines Industries Major Business
    • 2.3.3 Hines Industries Universal Horizontal Balancing Machine Product and Services
    • 2.3.4 Hines Industries Universal Horizontal Balancing Machine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.3.5 Hines Industries Recent Developments/Updates
  • 2.4 TIRA GmbH
    • 2.4.1 TIRA GmbH Details
    • 2.4.2 TIRA GmbH Major Business
    • 2.4.3 TIRA GmbH Universal Horizontal Balancing Machine Product and Services
    • 2.4.4 TIRA GmbH Universal Horizontal Balancing Machine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.4.5 TIRA GmbH Recent Developments/Updates
  • 2.5 Sigma Electronics
    • 2.5.1 Sigma Electronics Details
    • 2.5.2 Sigma Electronics Major Business
    • 2.5.3 Sigma Electronics Universal Horizontal Balancing Machine Product and Services
    • 2.5.4 Sigma Electronics Universal Horizontal Balancing Machine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.5.5 Sigma Electronics Recent Developments/Updates
  • 2.6 Krutam
    • 2.6.1 Krutam Details
    • 2.6.2 Krutam Major Business
    • 2.6.3 Krutam Universal Horizontal Balancing Machine Product and Services
    • 2.6.4 Krutam Universal Horizontal Balancing Machine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.6.5 Krutam Recent Developments/Updates
  • 2.7 KOKUSAI
    • 2.7.1 KOKUSAI Details
    • 2.7.2 KOKUSAI Major Business
    • 2.7.3 KOKUSAI Universal Horizontal Balancing Machine Product and Services
    • 2.7.4 KOKUSAI Universal Horizontal Balancing Machine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.7.5 KOKUSAI Recent Developments/Updates
  • 2.8 ProBal
    • 2.8.1 ProBal Details
    • 2.8.2 ProBal Major Business
    • 2.8.3 ProBal Universal Horizontal Balancing Machine Product and Services
    • 2.8.4 ProBal Universal Horizontal Balancing Machine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.8.5 ProBal Recent Developments/Updates
  • 2.9 CEMB
    • 2.9.1 CEMB Details
    • 2.9.2 CEMB Major Business
    • 2.9.3 CEMB Universal Horizontal Balancing Machine Product and Services
    • 2.9.4 CEMB Universal Horizontal Balancing Machine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.9.5 CEMB Recent Developments/Updates
  • 2.10 Hofmann
    • 2.10.1 Hofmann Details
    • 2.10.2 Hofmann Major Business
    • 2.10.3 Hofmann Universal Horizontal Balancing Machine Product and Services
    • 2.10.4 Hofmann Universal Horizontal Balancing Machine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.10.5 Hofmann Recent Developments/Updates
  • 2.11 HAIMER
    • 2.11.1 HAIMER Details
    • 2.11.2 HAIMER Major Business
    • 2.11.3 HAIMER Universal Horizontal Balancing Machine Product and Services
    • 2.11.4 HAIMER Universal Horizontal Balancing Machine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.11.5 HAIMER Recent Developments/Updates
  • 2.12 CIMAT
    • 2.12.1 CIMAT Details
    • 2.12.2 CIMAT Major Business
    • 2.12.3 CIMAT Universal Horizontal Balancing Machine Product and Services
    • 2.12.4 CIMAT Universal Horizontal Balancing Machine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.12.5 CIMAT Recent Developments/Updates
  • 2.13 Shanghai Jianping
    • 2.13.1 Shanghai Jianping Details
    • 2.13.2 Shanghai Jianping Major Business
    • 2.13.3 Shanghai Jianping Universal Horizontal Balancing Machine Product and Services
    • 2.13.4 Shanghai Jianping Universal Horizontal Balancing Machine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.13.5 Shanghai Jianping Recent Developments/Updates
  • 2.14 Beijing Keeven
    • 2.14.1 Beijing Keeven Details
    • 2.14.2 Beijing Keeven Major Business
    • 2.14.3 Beijing Keeven Universal Horizontal Balancing Machine Product and Services
    • 2.14.4 Beijing Keeven Universal Horizontal Balancing Machine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.14.5 Beijing Keeven Recent Developments/Updates
  • 2.15 Blue Star
    • 2.15.1 Blue Star Details
    • 2.15.2 Blue Star Major Business
    • 2.15.3 Blue Star Universal Horizontal Balancing Machine Product and Services
    • 2.15.4 Blue Star Universal Horizontal Balancing Machine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.15.5 Blue Star Recent Developments/Updates
  • 2.16 FIE
    • 2.16.1 FIE Details
    • 2.16.2 FIE Major Business
    • 2.16.3 FIE Universal Horizontal Balancing Machine Product and Services
    • 2.16.4 FIE Universal Horizontal Balancing Machine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.16.5 FIE Recent Developments/Updates

3 Competitive Environment: Universal Horizontal Balancing Machine by Manufacturer

  • 3.1 Global Universal Horizontal Balancing Machine Sales Quantity by Manufacturer (2021-2026)
  • 3.2 Global Universal Horizontal Balancing Machine Revenue by Manufacturer (2021-2026)
  • 3.3 Global Universal Horizontal Balancing Machine Average Price by Manufacturer (2021-2026)
  • 3.4 Market Share Analysis (2025)
    • 3.4.1 Producer Shipments of Universal Horizontal Balancing Machine by Manufacturer Revenue ($MM) and Market Share (%): 2025
    • 3.4.2 Top 3 Universal Horizontal Balancing Machine Manufacturer Market Share in 2025
    • 3.4.3 Top 6 Universal Horizontal Balancing Machine Manufacturer Market Share in 2025
  • 3.5 Universal Horizontal Balancing Machine Market: Overall Company Footprint Analysis
    • 3.5.1 Universal Horizontal Balancing Machine Market: Region Footprint
    • 3.5.2 Universal Horizontal Balancing Machine Market: Company Product Type Footprint
    • 3.5.3 Universal Horizontal Balancing Machine Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Universal Horizontal Balancing Machine Market Size by Region
    • 4.1.1 Global Universal Horizontal Balancing Machine Sales Quantity by Region (2021-2032)
    • 4.1.2 Global Universal Horizontal Balancing Machine Consumption Value by Region (2021-2032)
    • 4.1.3 Global Universal Horizontal Balancing Machine Average Price by Region (2021-2032)
  • 4.2 North America Universal Horizontal Balancing Machine Consumption Value (2021-2032)
  • 4.3 Europe Universal Horizontal Balancing Machine Consumption Value (2021-2032)
  • 4.4 Asia-Pacific Universal Horizontal Balancing Machine Consumption Value (2021-2032)
  • 4.5 South America Universal Horizontal Balancing Machine Consumption Value (2021-2032)
  • 4.6 Middle East & Africa Universal Horizontal Balancing Machine Consumption Value (2021-2032)

5 Market Segment by Type

  • 5.1 Global Universal Horizontal Balancing Machine Sales Quantity by Type (2021-2032)
  • 5.2 Global Universal Horizontal Balancing Machine Consumption Value by Type (2021-2032)
  • 5.3 Global Universal Horizontal Balancing Machine Average Price by Type (2021-2032)

6 Market Segment by Application

  • 6.1 Global Universal Horizontal Balancing Machine Sales Quantity by Application (2021-2032)
  • 6.2 Global Universal Horizontal Balancing Machine Consumption Value by Application (2021-2032)
  • 6.3 Global Universal Horizontal Balancing Machine Average Price by Application (2021-2032)

7 North America

  • 7.1 North America Universal Horizontal Balancing Machine Sales Quantity by Type (2021-2032)
  • 7.2 North America Universal Horizontal Balancing Machine Sales Quantity by Application (2021-2032)
  • 7.3 North America Universal Horizontal Balancing Machine Market Size by Country
    • 7.3.1 North America Universal Horizontal Balancing Machine Sales Quantity by Country (2021-2032)
    • 7.3.2 North America Universal Horizontal Balancing Machine Consumption Value by Country (2021-2032)
    • 7.3.3 United States Market Size and Forecast (2021-2032)
    • 7.3.4 Canada Market Size and Forecast (2021-2032)
    • 7.3.5 Mexico Market Size and Forecast (2021-2032)

8 Europe

  • 8.1 Europe Universal Horizontal Balancing Machine Sales Quantity by Type (2021-2032)
  • 8.2 Europe Universal Horizontal Balancing Machine Sales Quantity by Application (2021-2032)
  • 8.3 Europe Universal Horizontal Balancing Machine Market Size by Country
    • 8.3.1 Europe Universal Horizontal Balancing Machine Sales Quantity by Country (2021-2032)
    • 8.3.2 Europe Universal Horizontal Balancing Machine Consumption Value by Country (2021-2032)
    • 8.3.3 Germany Market Size and Forecast (2021-2032)
    • 8.3.4 France Market Size and Forecast (2021-2032)
    • 8.3.5 United Kingdom Market Size and Forecast (2021-2032)
    • 8.3.6 Russia Market Size and Forecast (2021-2032)
    • 8.3.7 Italy Market Size and Forecast (2021-2032)

9 Asia-Pacific

  • 9.1 Asia-Pacific Universal Horizontal Balancing Machine Sales Quantity by Type (2021-2032)
  • 9.2 Asia-Pacific Universal Horizontal Balancing Machine Sales Quantity by Application (2021-2032)
  • 9.3 Asia-Pacific Universal Horizontal Balancing Machine Market Size by Region
    • 9.3.1 Asia-Pacific Universal Horizontal Balancing Machine Sales Quantity by Region (2021-2032)
    • 9.3.2 Asia-Pacific Universal Horizontal Balancing Machine Consumption Value by Region (2021-2032)
    • 9.3.3 China Market Size and Forecast (2021-2032)
    • 9.3.4 Japan Market Size and Forecast (2021-2032)
    • 9.3.5 South Korea Market Size and Forecast (2021-2032)
    • 9.3.6 India Market Size and Forecast (2021-2032)
    • 9.3.7 Southeast Asia Market Size and Forecast (2021-2032)
    • 9.3.8 Australia Market Size and Forecast (2021-2032)

10 South America

  • 10.1 South America Universal Horizontal Balancing Machine Sales Quantity by Type (2021-2032)
  • 10.2 South America Universal Horizontal Balancing Machine Sales Quantity by Application (2021-2032)
  • 10.3 South America Universal Horizontal Balancing Machine Market Size by Country
    • 10.3.1 South America Universal Horizontal Balancing Machine Sales Quantity by Country (2021-2032)
    • 10.3.2 South America Universal Horizontal Balancing Machine Consumption Value by Country (2021-2032)
    • 10.3.3 Brazil Market Size and Forecast (2021-2032)
    • 10.3.4 Argentina Market Size and Forecast (2021-2032)

11 Middle East & Africa

  • 11.1 Middle East & Africa Universal Horizontal Balancing Machine Sales Quantity by Type (2021-2032)
  • 11.2 Middle East & Africa Universal Horizontal Balancing Machine Sales Quantity by Application (2021-2032)
  • 11.3 Middle East & Africa Universal Horizontal Balancing Machine Market Size by Country
    • 11.3.1 Middle East & Africa Universal Horizontal Balancing Machine Sales Quantity by Country (2021-2032)
    • 11.3.2 Middle East & Africa Universal Horizontal Balancing Machine Consumption Value by Country (2021-2032)
    • 11.3.3 Turkey Market Size and Forecast (2021-2032)
    • 11.3.4 Egypt Market Size and Forecast (2021-2032)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2021-2032)
    • 11.3.6 South Africa Market Size and Forecast (2021-2032)

12 Market Dynamics

  • 12.1 Universal Horizontal Balancing Machine Market Drivers
  • 12.2 Universal Horizontal Balancing Machine Market Restraints
  • 12.3 Universal Horizontal Balancing Machine Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Universal Horizontal Balancing Machine and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Universal Horizontal Balancing Machine
  • 13.3 Universal Horizontal Balancing Machine Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Universal Horizontal Balancing Machine Typical Distributors
  • 14.3 Universal Horizontal Balancing Machine Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Universal Horizontal Balancing Machine. Industry analysis & Market Report on Universal Horizontal Balancing Machine is a syndicated market report, published as Global Universal Horizontal Balancing Machine Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Universal Horizontal Balancing Machine market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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