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The machine tools market is forecasted to grow by USD 11.1 billion during 2024-2029, accelerating at a CAGR of 2.1% during the forecast period. The report on the machine tools market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising industrialization in developing countries, growing demand for machine tools from ice-based automobiles, and growing demand for CNC machines.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The machine tools market is segmented as below:
By End-user
- Automotive
- Industrial machinery
- Precision engineering
- Transportation
- Others
By Application
- High-volume production
- Precision and custom machining
- Multi-axis and complex machining
- Prototyping and low-volume production
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the machine tools market covers the following areas:
- Machine Tools Market sizing
- Machine Tools Market forecast
- Machine Tools Market industry analysis
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 primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by End-user
9 Market Segmentation by Application
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global machine tools market: Allied Machine and Engineering Corp., ALZMETALL GmbH and Co. KG, Amada Co. Ltd., DMG MORI Co. Ltd., DN Solutions Co. Ltd., FALCON MACHINE TOOLS Co. Ltd., FANUC Corp., FFG European and American Holdings GmbH, General Technology Group Dalian Machine Tool Corp., GF Machining Solutions AG, Haas Automation Inc., Hardinge Inc., Hyundai Wia Corp., JTEKT Machinery Americas Corp., Kennametal Inc., Komatsu NTC Ltd., Makino Inc., Okuma Corp., Otto Bihler Maschinenfabrik GmbH and Co. KG, and Phillips Machine Tools India Pvt. Ltd..Commenting on the report, an analyst from the research team said: "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 industrialization in developing countries.
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:
- Allied Machine and Engineering Corp.
- ALZMETALL GmbH and Co. KG
- Amada Co. Ltd.
- DMG MORI Co. Ltd.
- DN Solutions Co. Ltd.
- FALCON MACHINE TOOLS Co. Ltd.
- FANUC Corp.
- FFG European and American Holdings GmbH
- General Technology Group Dalian Machine Tool Corp.
- GF Machining Solutions AG
- Haas Automation Inc.
- Hardinge Inc.
- Hyundai Wia Corp.
- JTEKT Machinery Americas Corp.
- Kennametal Inc.
- Komatsu NTC Ltd.
- Makino Inc.
- Okuma Corp.
- Otto Bihler Maschinenfabrik GmbH and Co. KG
- Phillips Machine Tools India Pvt. Ltd.