Machine Tool Market in India 2023-2027

Report
150 Pages
September 2023
Region: India
TechNavio
ID: 5005560

Adoption of 3D Printing Technology is a Key Trend Gaining Market Momentum

The machine tool market in India is forecasted to grow by USD 2.45 billion during 2022-2027, accelerating at a CAGR of 11.31% during the forecast period. The market is driven by rising industrial automation in India, growing demand for machine tools from ice-based automobiles, and growing demand for cnc machine tools.

This report on the machine tool market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

The machine tool market in India is segmented as below:

By Technology

CNC machine tools
Conventional machine tools

By Type

Metal cutting machines
Metal forming machines

By Application

Automotive
Industrial machinery
Precision engineering
Transportation
Others

This study identifies the adoption of 3D printing technology as one of the prime reasons driving the machine tool market in India growth during the next few years. Also, growing digitization in machine tools and the growing popularity of all-electric vehicles influencing demand for machine tools will lead to sizable demand in the market.

The report on the machine tool market in India covers the following areas:

Machine tool market in India sizing
Machine tool market in India forecast
Machine tool market in India industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading machine tool market in India vendors that include Accusharp Cutting Tools Pvt. Ltd., Ace Multi Axes Systems Ltd., Ahire Machine Tools, Ajinkya Industries, Alex Machine Tools Pvt. Ltd., Bharat Fritz Werner Ltd., Bhavya Machine Tools, Birla Precision Technologies Ltd., DMG MORI Co. Ltd., Gamut Machine Tools, Geeta Machine Tools Pvt. Ltd., General Machine Tools, HMT Ltd., ITL Industries Ltd., Jyoti CNC Automation Ltd., Lakshmi Machine Works Ltd., Lokesh Machines Ltd., Makino Inc., Okuma Corp., and Om International Machine Tools. Also, the machine tool market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Technology
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 08: Parent market
Exhibit 09: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 10: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 11: Market segments

3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027

Exhibit 12: Chart on India - Market size and forecast 2022-2027 ($ million)
Exhibit 13: Data Table on India - Market size and forecast 2022-2027 ($ million)
Exhibit 14: Chart on India: Year-over-year growth 2022-2027 (%)
Exhibit 15: Data Table on India: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Machine tool market in India 2017 - 2021

Exhibit 16: Historic Market Size - Data Table on machine tool market in India 2017 - 2021 ($ million)

4.2 Technology Segment Analysis 2017 - 2021

Exhibit 17: Historic Market Size - Technology Segment 2017 - 2021 ($ million)

4.3 Type Segment Analysis 2017 - 2021

Exhibit 18: Historic Market Size - Type Segment 2017 - 2021 ($ million)

4.4 Application Segment Analysis 2017 - 2021

Exhibit 19: Historic Market Size - Application Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary

Exhibit 20: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers

Exhibit 21: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers

Exhibit 22: Bargaining power of suppliers - Impact of key factors in 2022 and 2027

5.4 Threat of new entrants

Exhibit 23: Threat of new entrants - Impact of key factors in 2022 and 2027

5.5 Threat of substitutes

Exhibit 24: Threat of substitutes - Impact of key factors in 2022 and 2027

5.6 Threat of rivalry

Exhibit 25: Threat of rivalry - Impact of key factors in 2022 and 2027

5.7 Market condition

Exhibit 26: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Technology

6.1 Market segments

Exhibit 27: Chart on Technology - Market share 2022-2027 (%)
Exhibit 28: Data Table on Technology - Market share 2022-2027 (%)

6.2 Comparison by Technology

Exhibit 29: Chart on Comparison by Technology
Exhibit 30: Data Table on Comparison by Technology

6.3 CNC machine tools - Market size and forecast 2022-2027

Exhibit 31: Chart on CNC machine tools - Market size and forecast 2022-2027 ($ million)
Exhibit 32: Data Table on CNC machine tools - Market size and forecast 2022-2027 ($ million)
Exhibit 33: Chart on CNC machine tools - Year-over-year growth 2022-2027 (%)
Exhibit 34: Data Table on CNC machine tools - Year-over-year growth 2022-2027 (%)

6.4 Conventional machine tools - Market size and forecast 2022-2027

Exhibit 35: Chart on Conventional machine tools - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Data Table on Conventional machine tools - Market size and forecast 2022-2027 ($ million)
Exhibit 37: Chart on Conventional machine tools - Year-over-year growth 2022-2027 (%)
Exhibit 38: Data Table on Conventional machine tools - Year-over-year growth 2022-2027 (%)

6.5 Market opportunity by Technology

Exhibit 39: Market opportunity by Technology ($ million)
Exhibit 40: Data Table on Market opportunity by Technology ($ million)

7 Market Segmentation by Type

7.1 Market segments

Exhibit 41: Chart on Type - Market share 2022-2027 (%)
Exhibit 42: Data Table on Type - Market share 2022-2027 (%)

7.2 Comparison by Type

Exhibit 43: Chart on Comparison by Type
Exhibit 44: Data Table on Comparison by Type

7.3 Metal cutting machines - Market size and forecast 2022-2027

Exhibit 45: Chart on Metal cutting machines - Market size and forecast 2022-2027 ($ million)
Exhibit 46: Data Table on Metal cutting machines - Market size and forecast 2022-2027 ($ million)
Exhibit 47: Chart on Metal cutting machines - Year-over-year growth 2022-2027 (%)
Exhibit 48: Data Table on Metal cutting machines - Year-over-year growth 2022-2027 (%)

7.4 Metal forming machines - Market size and forecast 2022-2027

Exhibit 49: Chart on Metal forming machines - Market size and forecast 2022-2027 ($ million)
Exhibit 50: Data Table on Metal forming machines - Market size and forecast 2022-2027 ($ million)
Exhibit 51: Chart on Metal forming machines - Year-over-year growth 2022-2027 (%)
Exhibit 52: Data Table on Metal forming machines - Year-over-year growth 2022-2027 (%)

7.5 Market opportunity by Type

Exhibit 53: Market opportunity by Type ($ million)
Exhibit 54: Data Table on Market opportunity by Type ($ million)

8 Market Segmentation by Application

8.1 Market segments

Exhibit 55: Chart on Application - Market share 2022-2027 (%)
Exhibit 56: Data Table on Application - Market share 2022-2027 (%)

8.2 Comparison by Application

Exhibit 57: Chart on Comparison by Application
Exhibit 58: Data Table on Comparison by Application

8.3 Automotive - Market size and forecast 2022-2027

Exhibit 59: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
Exhibit 60: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Chart on Automotive - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Automotive - Year-over-year growth 2022-2027 (%)

8.4 Industrial machinery - Market size and forecast 2022-2027

Exhibit 63: Chart on Industrial machinery - Market size and forecast 2022-2027 ($ million)
Exhibit 64: Data Table on Industrial machinery - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Chart on Industrial machinery - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on Industrial machinery - Year-over-year growth 2022-2027 (%)

8.5 Precision engineering - Market size and forecast 2022-2027

Exhibit 67: Chart on Precision engineering - Market size and forecast 2022-2027 ($ million)
Exhibit 68: Data Table on Precision engineering - Market size and forecast 2022-2027 ($ million)
Exhibit 69: Chart on Precision engineering - Year-over-year growth 2022-2027 (%)
Exhibit 70: Data Table on Precision engineering - Year-over-year growth 2022-2027 (%)

8.6 Transportation - Market size and forecast 2022-2027

Exhibit 71: Chart on Transportation - Market size and forecast 2022-2027 ($ million)
Exhibit 72: Data Table on Transportation - Market size and forecast 2022-2027 ($ million)
Exhibit 73: Chart on Transportation - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on Transportation - Year-over-year growth 2022-2027 (%)

8.7 Others - Market size and forecast 2022-2027

Exhibit 75: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on Others - Year-over-year growth 2022-2027 (%)

8.8 Market opportunity by Application

Exhibit 79: Market opportunity by Application ($ million)
Exhibit 80: Data Table on Market opportunity by Application ($ million)

9 Customer Landscape

9.1 Customer landscape overview

Exhibit 81: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges

Exhibit 82: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape

Exhibit 83: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption

Exhibit 84: Overview on factors of disruption

11.4 Industry risks

Exhibit 85: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered

Exhibit 86: Vendors covered

12.2 Market positioning of vendors

Exhibit 87: Matrix on vendor position and classification

12.3 Accusharp Cutting Tools Pvt. Ltd.

Exhibit 88: Accusharp Cutting Tools Pvt. Ltd. - Overview
Exhibit 89: Accusharp Cutting Tools Pvt. Ltd. - Product / Service
Exhibit 90: Accusharp Cutting Tools Pvt. Ltd. - Key offerings

12.4 Alex Machine Tools Pvt. Ltd.

Exhibit 91: Alex Machine Tools Pvt. Ltd. - Overview
Exhibit 92: Alex Machine Tools Pvt. Ltd. - Product / Service
Exhibit 93: Alex Machine Tools Pvt. Ltd. - Key offerings

12.5 Bharat Fritz Werner Ltd.

Exhibit 94: Bharat Fritz Werner Ltd. - Overview
Exhibit 95: Bharat Fritz Werner Ltd. - Product / Service
Exhibit 96: Bharat Fritz Werner Ltd. - Key offerings

12.6 Bhavya Machine Tools

Exhibit 97: Bhavya Machine Tools - Overview
Exhibit 98: Bhavya Machine Tools - Product / Service
Exhibit 99: Bhavya Machine Tools - Key offerings

12.7 Birla Precision Technologies Ltd.

Exhibit 100: Birla Precision Technologies Ltd. - Overview
Exhibit 101: Birla Precision Technologies Ltd. - Product / Service
Exhibit 102: Birla Precision Technologies Ltd. - Key offerings

12.8 DMG MORI Co. Ltd.

Exhibit 103: DMG MORI Co. Ltd. - Overview
Exhibit 104: DMG MORI Co. Ltd. - Business segments
Exhibit 105: DMG MORI Co. Ltd. - Key offerings
Exhibit 106: DMG MORI Co. Ltd. - Segment focus

12.9 Geeta Machine Tools Pvt. Ltd.

Exhibit 107: Geeta Machine Tools Pvt. Ltd. - Overview
Exhibit 108: Geeta Machine Tools Pvt. Ltd. - Product / Service
Exhibit 109: Geeta Machine Tools Pvt. Ltd. - Key offerings

12.10 HMT Ltd.

Exhibit 110: HMT Ltd. - Overview
Exhibit 111: HMT Ltd. - Business segments
Exhibit 112: HMT Ltd. - Key offerings
Exhibit 113: HMT Ltd. - Segment focus

12.11 ITL Industries Ltd.

Exhibit 114: ITL Industries Ltd. - Overview
Exhibit 115: ITL Industries Ltd. - Product / Service
Exhibit 116: ITL Industries Ltd. - Key offerings

12.12 Jyoti CNC Automation Ltd.

Exhibit 117: Jyoti CNC Automation Ltd. - Overview
Exhibit 118: Jyoti CNC Automation Ltd. - Product / Service
Exhibit 119: Jyoti CNC Automation Ltd. - Key offerings

12.13 Lakshmi Machine Works Ltd.

Exhibit 120: Lakshmi Machine Works Ltd. - Overview
Exhibit 121: Lakshmi Machine Works Ltd. - Product / Service
Exhibit 122: Lakshmi Machine Works Ltd. - Key offerings

12.14 Lokesh Machines Ltd.

Exhibit 123: Lokesh Machines Ltd. - Overview
Exhibit 124: Lokesh Machines Ltd. - Product / Service
Exhibit 125: Lokesh Machines Ltd. - Key offerings

12.15 Makino Inc.

Exhibit 126: Makino Inc. - Overview
Exhibit 127: Makino Inc. - Business segments
Exhibit 128: Makino Inc. - Key offerings
Exhibit 129: Makino Inc. - Segment focus

12.16 Okuma Corp.

Exhibit 130: Okuma Corp. - Overview
Exhibit 131: Okuma Corp. - Business segments
Exhibit 132: Okuma Corp. - Key offerings
Exhibit 133: Okuma Corp. - Segment focus

12.17 Om International Machine Tools

Exhibit 134: Om International Machine Tools - Overview
Exhibit 135: Om International Machine Tools - Product / Service
Exhibit 136: Om International Machine Tools - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist

Exhibit 137: Inclusions checklist
Exhibit 138: Exclusions checklist

13.3 Currency conversion rates for US$

Exhibit 139: Currency conversion rates for US$

13.4 Research methodology

Exhibit 140: Research methodology
Exhibit 141: Validation techniques employed for market sizing
Exhibit 142: Information sources

13.5 List of abbreviations

Exhibit 143: List of abbreviations

List of Exhibits

Exhibit 1: Executive Summary - Chart on Market Overview
Exhibit 2: Executive Summary - Data Table on Market Overview
Exhibit 3: Executive Summary - Chart on Country Market Characteristics
Exhibit 4: Executive Summary - Chart on Market Segmentation by Technology
Exhibit 5: Executive Summary - Chart on Market Segmentation by Type
Exhibit 6: Executive Summary - Chart on Market Segmentation by Application
Exhibit 7: Executive Summary - Chart on Vendor Market Positioning
Exhibit 8: Parent market
Exhibit 9: Market Characteristics
Exhibit 10: Offerings of vendors included in the market definition
Exhibit 11: Market segments
Exhibit 12: Chart on India - Market size and forecast 2022-2027 ($ million)
Exhibit 13: Data Table on India - Market size and forecast 2022-2027 ($ million)
Exhibit 14: Chart on India: Year-over-year growth 2022-2027 (%)
Exhibit 15: Data Table on India: Year-over-year growth 2022-2027 (%)
Exhibit 16: Historic Market Size - Data Table on machine tool market in India 2017 - 2021 ($ million)
Exhibit 17: Historic Market Size - Technology Segment 2017 - 2021 ($ million)
Exhibit 18: Historic Market Size - Type Segment 2017 - 2021 ($ million)
Exhibit 19: Historic Market Size - Application Segment 2017 - 2021 ($ million)
Exhibit 20: Five forces analysis - Comparison between 2022 and 2027
Exhibit 21: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
Exhibit 22: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
Exhibit 23: Threat of new entrants - Impact of key factors in 2022 and 2027
Exhibit 24: Threat of substitutes - Impact of key factors in 2022 and 2027
Exhibit 25: Threat of rivalry - Impact of key factors in 2022 and 2027
Exhibit 26: Chart on Market condition - Five forces 2022 and 2027
Exhibit 27: Chart on Technology - Market share 2022-2027 (%)
Exhibit 28: Data Table on Technology - Market share 2022-2027 (%)
Exhibit 29: Chart on Comparison by Technology
Exhibit 30: Data Table on Comparison by Technology
Exhibit 31: Chart on CNC machine tools - Market size and forecast 2022-2027 ($ million)
Exhibit 32: Data Table on CNC machine tools - Market size and forecast 2022-2027 ($ million)
Exhibit 33: Chart on CNC machine tools - Year-over-year growth 2022-2027 (%)
Exhibit 34: Data Table on CNC machine tools - Year-over-year growth 2022-2027 (%)
Exhibit 35: Chart on Conventional machine tools - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Data Table on Conventional machine tools - Market size and forecast 2022-2027 ($ million)
Exhibit 37: Chart on Conventional machine tools - Year-over-year growth 2022-2027 (%)
Exhibit 38: Data Table on Conventional machine tools - Year-over-year growth 2022-2027 (%)
Exhibit 39: Market opportunity by Technology ($ million)
Exhibit 40: Data Table on Market opportunity by Technology ($ million)
Exhibit 41: Chart on Type - Market share 2022-2027 (%)
Exhibit 42: Data Table on Type - Market share 2022-2027 (%)
Exhibit 43: Chart on Comparison by Type
Exhibit 44: Data Table on Comparison by Type
Exhibit 45: Chart on Metal cutting machines - Market size and forecast 2022-2027 ($ million)
Exhibit 46: Data Table on Metal cutting machines - Market size and forecast 2022-2027 ($ million)
Exhibit 47: Chart on Metal cutting machines - Year-over-year growth 2022-2027 (%)
Exhibit 48: Data Table on Metal cutting machines - Year-over-year growth 2022-2027 (%)
Exhibit 49: Chart on Metal forming machines - Market size and forecast 2022-2027 ($ million)
Exhibit 50: Data Table on Metal forming machines - Market size and forecast 2022-2027 ($ million)
Exhibit 51: Chart on Metal forming machines - Year-over-year growth 2022-2027 (%)
Exhibit 52: Data Table on Metal forming machines - Year-over-year growth 2022-2027 (%)
Exhibit 53: Market opportunity by Type ($ million)
Exhibit 54: Data Table on Market opportunity by Type ($ million)
Exhibit 55: Chart on Application - Market share 2022-2027 (%)
Exhibit 56: Data Table on Application - Market share 2022-2027 (%)
Exhibit 57: Chart on Comparison by Application
Exhibit 58: Data Table on Comparison by Application
Exhibit 59: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
Exhibit 60: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Chart on Automotive - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
Exhibit 63: Chart on Industrial machinery - Market size and forecast 2022-2027 ($ million)
Exhibit 64: Data Table on Industrial machinery - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Chart on Industrial machinery - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on Industrial machinery - Year-over-year growth 2022-2027 (%)
Exhibit 67: Chart on Precision engineering - Market size and forecast 2022-2027 ($ million)
Exhibit 68: Data Table on Precision engineering - Market size and forecast 2022-2027 ($ million)
Exhibit 69: Chart on Precision engineering - Year-over-year growth 2022-2027 (%)
Exhibit 70: Data Table on Precision engineering - Year-over-year growth 2022-2027 (%)
Exhibit 71: Chart on Transportation - Market size and forecast 2022-2027 ($ million)
Exhibit 72: Data Table on Transportation - Market size and forecast 2022-2027 ($ million)
Exhibit 73: Chart on Transportation - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on Transportation - Year-over-year growth 2022-2027 (%)
Exhibit 75: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on Others - Year-over-year growth 2022-2027 (%)
Exhibit 79: Market opportunity by Application ($ million)
Exhibit 80: Data Table on Market opportunity by Application ($ million)
Exhibit 81: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibit 82: Impact of drivers and challenges in 2022 and 2027
Exhibit 83: Overview on Criticality of inputs and Factors of differentiation
Exhibit 84: Overview on factors of disruption
Exhibit 85: Impact of key risks on business
Exhibit 86: Vendors covered
Exhibit 87: Matrix on vendor position and classification
Exhibit 88: Accusharp Cutting Tools Pvt. Ltd. - Overview
Exhibit 89: Accusharp Cutting Tools Pvt. Ltd. - Product / Service
Exhibit 90: Accusharp Cutting Tools Pvt. Ltd. - Key offerings
Exhibit 91: Alex Machine Tools Pvt. Ltd. - Overview
Exhibit 92: Alex Machine Tools Pvt. Ltd. - Product / Service
Exhibit 93: Alex Machine Tools Pvt. Ltd. - Key offerings
Exhibit 94: Bharat Fritz Werner Ltd. - Overview
Exhibit 95: Bharat Fritz Werner Ltd. - Product / Service
Exhibit 96: Bharat Fritz Werner Ltd. - Key offerings
Exhibit 97: Bhavya Machine Tools - Overview
Exhibit 98: Bhavya Machine Tools - Product / Service
Exhibit 99: Bhavya Machine Tools - Key offerings
Exhibit 100: Birla Precision Technologies Ltd. - Overview
Exhibit 101: Birla Precision Technologies Ltd. - Product / Service
Exhibit 102: Birla Precision Technologies Ltd. - Key offerings
Exhibit 103: DMG MORI Co. Ltd. - Overview
Exhibit 104: DMG MORI Co. Ltd. - Business segments
Exhibit 105: DMG MORI Co. Ltd. - Key offerings
Exhibit 106: DMG MORI Co. Ltd. - Segment focus
Exhibit 107: Geeta Machine Tools Pvt. Ltd. - Overview
Exhibit 108: Geeta Machine Tools Pvt. Ltd. - Product / Service
Exhibit 109: Geeta Machine Tools Pvt. Ltd. - Key offerings
Exhibit 110: HMT Ltd. - Overview
Exhibit 111: HMT Ltd. - Business segments
Exhibit 112: HMT Ltd. - Key offerings
Exhibit 113: HMT Ltd. - Segment focus
Exhibit 114: ITL Industries Ltd. - Overview
Exhibit 115: ITL Industries Ltd. - Product / Service
Exhibit 116: ITL Industries Ltd. - Key offerings
Exhibit 117: Jyoti CNC Automation Ltd. - Overview
Exhibit 118: Jyoti CNC Automation Ltd. - Product / Service
Exhibit 119: Jyoti CNC Automation Ltd. - Key offerings
Exhibit 120: Lakshmi Machine Works Ltd. - Overview
Exhibit 121: Lakshmi Machine Works Ltd. - Product / Service
Exhibit 122: Lakshmi Machine Works Ltd. - Key offerings
Exhibit 123: Lokesh Machines Ltd. - Overview
Exhibit 124: Lokesh Machines Ltd. - Product / Service
Exhibit 125: Lokesh Machines Ltd. - Key offerings
Exhibit 126: Makino Inc. - Overview
Exhibit 127: Makino Inc. - Business segments
Exhibit 128: Makino Inc. - Key offerings
Exhibit 129: Makino Inc. - Segment focus
Exhibit 130: Okuma Corp. - Overview
Exhibit 131: Okuma Corp. - Business segments
Exhibit 132: Okuma Corp. - Key offerings
Exhibit 133: Okuma Corp. - Segment focus
Exhibit 134: Om International Machine Tools - Overview
Exhibit 135: Om International Machine Tools - Product / Service
Exhibit 136: Om International Machine Tools - Key offerings
Exhibit 137: Inclusions checklist
Exhibit 138: Exclusions checklist
Exhibit 139: Currency conversion rates for US$
Exhibit 140: Research methodology
Exhibit 141: Validation techniques employed for market sizing
Exhibit 142: Information sources
Exhibit 143: List of abbreviations

Executive Summary

The research team recognizes the following companies as the key players in the machine tool market in India: Accusharp Cutting Tools Pvt. Ltd., Ace Multi Axes Systems Ltd., Ahire Machine Tools, Ajinkya Industries, Alex Machine Tools Pvt. Ltd., Bharat Fritz Werner Ltd., Bhavya Machine Tools, Birla Precision Technologies Ltd., DMG MORI Co. Ltd., Gamut Machine Tools, Geeta Machine Tools Pvt. Ltd., General Machine Tools, HMT Ltd., ITL Industries Ltd., Jyoti CNC Automation Ltd., Lakshmi Machine Works Ltd., Lokesh Machines Ltd., Makino Inc., Okuma Corp., and Om International Machine Tools.

One of the report's analysts commented on the report, saying: 'The latest trend gaining momentum in the market is adoption of 3D printing technology.'

According to the report, one of the major drivers for this market is the rising industrial automation in India.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

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

Accusharp Cutting Tools Pvt. Ltd.
Ace Multi Axes Systems Ltd.
Ahire Machine Tools
Ajinkya Industries
Alex Machine Tools Pvt. Ltd.
Bharat Fritz Werner Ltd.
Bhavya Machine Tools
Birla Precision Technologies Ltd.
DMG MORI Co. Ltd.
Gamut Machine Tools
Geeta Machine Tools Pvt. Ltd.
General Machine Tools
HMT Ltd.
ITL Industries Ltd.
Jyoti CNC Automation Ltd.
Lakshmi Machine Works Ltd.
Lokesh Machines Ltd.
Makino Inc.
Okuma Corp.
Om International Machine Tools

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The machine tool market in India is segmented as below:

By Technology

By Type

By Application

The report on the machine tool market in India covers the following areas:

Table of Contents

Executive Summary

Companies Mentioned (Partial List)

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