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Machining Centers - Global Strategic Business Report

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    Report

  • 823 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5140698
The global market for Machining Centers is estimated at US$18.2 Billion in 2023 and is projected to reach US$27.4 Billion by 2030, growing at a CAGR of 5.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Vertical Machining Centers segment, which is expected to reach US$17.7 Billion by 2030 with a CAGR of 5.2%. The Horizontal Machining Centers segment is also set to grow at 5.6% CAGR over the next 8 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $1.6 Billion in 2023, and China, forecasted to grow at an impressive 5.3% CAGR to reach $10 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Machining Centers Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Machining Centers Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Machining Centers Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as 600Group PLC, Able Engineering Pty., Ltd., Absolute Machine Tools, Inc., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 416 Featured):

  • 600Group PLC
  • Able Engineering Pty., Ltd.
  • Absolute Machine Tools, Inc.
  • AccuteX Technologies Co., Ltd.
  • Addison Saws Ltd.
  • Adriatica Industriale Srl
  • Alesamonti Srl
  • Alfing Kessler Sondermaschinen GmbH
  • Alfra GMBH
  • Allied Machine & Engineering Corporation
  • Accuway Machinery Co. Ltd.
  • Ace Micromatic Group
  • Akira Seiki Co., Ltd.
  • Agmachine Techno Company Limited
  • Acra Machinery

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Strong Focus Shed on Automation in Manufacturing Provides the Cornerstone for the Growth of Machining Centers
  • Robust Outlook for Industrial Automation Brightens the Sentiment in the Machining Centers Market: Global Opportunity for Industrial Automation (In US$ Billion) for Years 2022, 2024 and 2026
  • Global Economic Update
  • Competition
  • Machining Centers - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Machining Centers: Overview, Types & Market Dynamics of the Machine Tools Industry
  • Machining Centers is a Strong & Lucrative Part of the Machine Tools Industry: % Share Breakdown of key Segments in the Global Machine Tools Industry for the Year 2022
  • World Brands
  • Recent Market Activity
  • Innovations
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Smart Machining Centers Become Pivotal to COVID-19-Led Shift Towards Smart Manufacturing
  • CNC Machining Remains the Most Popular Subtractive Manufacturing Technology. Here’s Why
  • Rise of Precision Manufacturing Spurs Investments in Precision Machining Centers
  • Robust Demand for Precision Parts in Virtually Every Sphere of Manufacturing Drives Opportunities for Machining Centers: Global Precision Parts Market for the Years 2022, 2024, 2026 & 2028 (In US$ Million)
  • Market Witnesses NoTable Uptick in Demand for Five-Axis Machining Centers
  • Combining Subtractive and Additive Machining Capabilities is the New Flavor of Innovation in Machining Centers
  • Horizontal Machining Centers Score Over Vertical Machining Centers
  • CNC Machining Centers With Miniature Inductive Sensors in the Spotlight
  • Metal Fabrication Drives Demand for CNC Vertical Machining Centers
  • Strong Demand for Metal Fabrication Services Translates Into Increased Business Opportunity for Machining Centers: Global Sheet Metal Fabrication Services Market (In US$ Million) for Years 2021, 2023, 2025 & 2026
  • Rapid Mushrooming of Job Shops in Developing Countries Poised to Benefit Demand
  • Reshoring Drives Growth Prospects in Developed Markets
  • Led by EVs, the Automotive Industry Emerges as a Major End-Use Sector for Machining Centers
  • Making Parts for Next-Gen Vehicles & Ability to Move Quickly from Prototyping to Mass Production to Spur Growth of Machining Centers: Global Sales of EVs (In 000 Units) for Years 2022, 2024 & 2026
  • Machining Centers Evolve as Preferred Tools for Manufacturing Critical & Complex Components Aircraft Parts
  • The Massive Market for Aerospace Parts Manufacturing to Expand the Addressable Market Opportunity for Machining Centers: Global Aerospace Parts Manufacturing Market (In US$ Billion) for Years 2022, 2024 and 2026
  • Heavy Equipment/Machinery Manufacturing Industry Promises Bright Prospects
  • Special Focus on IoT Enabled Machining Centers
  • Strong Growth & Progressive Maturity of Industrial Internet of Things (IIoT) Means the Technology is Ripe for Integration in Machining Centers: Global Market for IIoT (In US$ Billion) for Years 2022, 2024, 2026 and 2028
  • AI to Make an Impact on Machining Centers
  • Green Machining Centers Will Soon Be a Reality. Here’s All You Need to Know
  • Innovations Remain Crucial for Sustained Growth
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Machining Centers Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Machining Centers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for Machining Centers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 4: World 16-Year Perspective for Machining Centers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Vertical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for Vertical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 7: World 16-Year Perspective for Vertical by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Horizontal by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Horizontal by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 10: World 16-Year Perspective for Horizontal by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Other Product Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for Other Product Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 13: World 16-Year Perspective for Other Product Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 16: World 16-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for General Machinery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for General Machinery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 19: World 16-Year Perspective for General Machinery by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Precision Engineering by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for Precision Engineering by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 22: World 16-Year Perspective for Precision Engineering by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Transport Machinery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for Transport Machinery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 25: World 16-Year Perspective for Transport Machinery by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 26: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 27: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 28: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Machining Centers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADAJAPANCHINA
EUROPE
  • Machining Centers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Machining Centers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
INDIASOUTH KOREATAIWANREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTAFRICAIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 600Group PLC
  • Able Engineering Pty., Ltd.
  • Absolute Machine Tools, Inc.
  • AccuteX Technologies Co., Ltd.
  • Addison Saws Ltd.
  • Adriatica Industriale Srl
  • Alesamonti Srl
  • Alfing Kessler Sondermaschinen GmbH
  • Alfra GMBH
  • Allied Machine & Engineering Corporation
  • Accuway Machinery Co. Ltd.
  • Ace Micromatic Group
  • Akira Seiki Co., Ltd.
  • Agmachine Techno Company Limited
  • Acra Machinery

Table Information