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Machining Centers - Global Market Trajectory & Analytics

  • ID: 5140698
  • Report
  • September 2020
  • Region: Global
  • 272 pages
  • Global Industry Analysts, Inc
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Global Machining Centers Market to Reach US$5.8 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Machining Centers estimated at US$4 Billion in the year 2020, is projected to reach a revised size of US$5.8 Billion by 2027, growing at a CAGR of 5.7% over the period 2020-2027. Less than 5-Axis CNC Vertical Machining Centers, one of the segments analyzed in the report, is projected to grow at a 5.6% CAGR to reach US$4.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the 5-Axis or more CNC Vertical Machining Centers segment is readjusted to a revised 6% CAGR for the next 7-year period. This segment currently accounts for a 27.1% share of the global Machining Centers market.

The U. S. Accounts for Over 28.9% of Global Market Size in 2020, While China is Forecast to Grow at a 8.9% CAGR for the Period of 2020-2027

The Machining Centers market in the U. S. is estimated at US$1.1 Billion in the year 2020. The country currently accounts for a 28.91% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$1.1 Billion in the year 2027 trailing a CAGR of 8.9% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR while Rest of European market (as defined in the study) will reach US$1.1 Billion by the year 2027. We bring years of research experience to this 7th edition of our report. The 272-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • Allied Machine & Engineering Corp.
  • Amada Co., Ltd.
  • Amera-Seiki
  • BYJC-OKUMA (Beijing) Machine Tools Co., Ltd.
  • Dalian Machine Tool Group Corporation
  • DMG Mori AG
  • Doosan Corporation
  • Doosan Infracore Co., Ltd.
  • ENSHU Limited
  • Fair Friend Enterprise Group
  • FANUC Corporation
  • GF Machining Solutions Management SA
  • Haas Automation, Inc.
  • Hardinge, Inc.
  • Heller Industries, Inc.
  • HMT Ltd.
  • Hurco Companies, Inc.
  • Hyundai WIA Corporation
  • Jiuh-Yeh Precision Machinery Co., Ltd.
  • JTEKT Corporation
  • Kennametal Inc.
  • Kiwa Machinery Co., Ltd.
  • Komatsu NTC Ltd.
  • Makino Milling Machine Co., Ltd.
  • Matsuura Machinery Corporation
  • OKK Corporation Ltd.
  • Sandvik AB
  • Sister Machine Technology Co., Ltd.
  • SMTCL Americas
  • SNK America, Inc.
  • Tongtai Machine & Tool Co., Ltd.
  • Toshiba Machine Co., Ltd.
  • Yama Seiki USA, Inc.
  • Yamazaki Mazak Corporation
  • Yeong Chin Machinery Industries Co., Ltd.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Impact of Covid-19 and a Looming Global Recession
  • Global Competitor Market Shares
  • Machining Centers Competitor Market Share Scenario Worldwide (in %): 2018E
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
  • Market Facts & Figures
  • US Machining Centers Market Share (in %) by Company: 2018 & 2027
  • Market Analytics
CANADA

JAPAN

CHINA

EUROPE
  • Market Facts & Figures
  • European Machining Centers Market: Competitor Market Share Scenario (in %) for 2018 & 2027
  • Market Analytics
FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION
  • Total Companies Profiled: 44
Note: Product cover images may vary from those shown
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