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Machine Tools Market Size, Share & Trends Analysis Report By Type (Metal Cutting, Metal Forming), By End-use (Automotive, Mechanical Engineering), By Technology, By Region, And Segment Forecasts, 2024 - 2030

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  • 152 Pages
  • July 2024
  • Region: Global
  • Grand View Research
  • ID: 5595831
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Description Jump to:
The global machine tools market size is expected to reach USD 137.43 billion by 2030, registering to grow at a CAGR of 5.8% from 2024 to 2030 according to a new report. The increased need for higher efficiency and precision in complex machining tools, as well as lower operating costs in industries, such as aerospace, automotive, and defense, have led to an increased usage of machine tools.

The machining time is more expensive than the setup fees, material expenses, and fees for custom finishing a job or workpiece. Owing to all these advantages, manufacturers are gradually shifting toward the automation of machines to reduce time by rolling out connectivity networks and deploying the latest software. Such technological developments are anticipated to boost the sales of machine tools in the forecast period.

The machine tools products are increasingly getting complex in line with the shifting customer preferences toward higher-quality products. Hence, manufacturers are also gearing up to develop complex products and are accordingly automating their CNC machining processes to enhance product quality while reducing operating costs. For instance, in July 2020, SKODA AUTO Germany GmbH launched automated supplying and ordering of parts for CNC processing lines at its plant in Vrchlabi, Czech Republic as part of the efforts to increase the productivity of the plant.

Machine tool manufacturers are trying aggressively to develop energy-efficient tools to cater to the manufacturers' needs to reduce operating costs while eliminating errors in manufacturing, leveraging IoT technology and predictive analytics capabilities. For instance, automotive companies are increasingly opting for CNC machining in line with the growing demand for spare parts with higher precision.

Industry 4.0 is particularly encouraging digital transformation across the entire automotive industry, spanning automotive OEMs, dealers, and suppliers, among other industry stakeholders, which bodes well for the growing demand for CNC machine tools. The motorsport industry is particularly using CNC machine tools to reduce manufacturing time and to ensure that components are manufactured flawlessly. As such, various racing car manufacturers are striking partnerships with CNC machine tool providers to manufacture precision components.

Machine Tools Market Report Highlights

  • The demand for the metal cutting type segment accounted for 77.2% of the global machine tools market revenue share in 2023. Metal workpieces are typically fabricated using metal cutting or machining methods. Growing demands for precision, service life, and machining speed have made it necessary to measure tool geometry with greater accuracy. Metal cutting machines are used to remove excess material from a workpiece by cutting or grinding.
  • The demand for Computer Numerical Control (CNC) segment accounted for an 86.0% share of the global machine tools revenue in 2023. The market for CNC machines is rapidly expanding. A powerful computer that performs millions of calculations to ensure optimal part shape controls the spindle movements. This machine, which cost several million dollars to create and makes use of advanced, proprietary mathematics, claims to be able to do previously unheard-of metal machining operations. CNC machines will become faster and simpler to use in the future owing to developments in computers and artificial intelligence.
  • The automotive end-use segment accounted for a 41.8% share of the global machine tools revenue in 2023. Production of automobiles is a multi-stage, complex process requiring high levels of performance and accuracy. Owing to the increased production of more efficient auto parts, the automotive industry has increased the requirement for machine tools. Many essential vehicle parts are created using machine tools in the automotive industry such as windscreens, body sheets, door panels, and other internal and external automotive parts are produced.
  • Asia Pacific accounted for 55.5% of the global machine tools revenue share in 2023. The rising automotive and manufacturing industry that are accelerating the product penetration in the region. China is anticipated to emerge as one of the most promising markets in Asia Pacific due to favorable government support to promote investments in manufacturing sectors. Population growth, rapid urbanization, and rising disposable incomes of the population have played an important role in developing the automobile and construction sectors in the country.
  • In August 2022, CHIRON Group purchased HSTEC, a fixture and spindle specialist in Croatia. The CHIRON Group is strengthening its three areas of expertise and expanding its capabilities with the acquisition of the main components, motor spindles, and turning spindles for the Group's machining centers.

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Table of Contents

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope and Assumptions
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Machine Tools Market Variables, Trends, & Scope
3.1. Penetration & Growth Prospect Mapping
3.2. Industry Value Chain Analysis
3.2.1. Raw Material Outlook
3.2.2. Manufacturing & Technology Trends
3.3. Regulatory Framework
3.4. Technology Overview
3.5. Market dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Market Challenge Analysis
3.5.4. Market Opportunity Analysis
3.6. Economic Mega Trend Analysis
3.7. Case Studies
3.8. Industry Analysis Tools: Machine Tools Market
3.8.1. Porter’s Analysis
3.8.2. Macroeconomic Analysis
Chapter 4. Machine Tools Market: Type Estimates & Trend Analysis
4.1. Machine Tools Market: Type Outlook
4.2. Machine Tools Market: Type Movement Analysis & Market Share, 2023 & 2030
4.3. Machine Tools Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Billion)
4.3.1. Metal Cutting
4.3.1.1. Metal Cutting, By Product
4.3.2. Metal Forming
4.3.2.1. Metal Forming, By Product
Chapter 5. Machine Tools Market: Technology Estimates & Trend Analysis
5.1. Machine Tools Market: Technology Outlook
5.2. Machine Tools Market: Technology Movement Analysis & Market Share, 2023 & 2030
5.3. Machine Tools Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Billion)
5.3.1. Computer Numerical Control (Cnc)
5.3.2. Conventional
Chapter 6. Machine Tools Market: End Use Estimates & Trend Analysis
6.1. Machine Tools Market: End Use Outlook
6.2. Machine Tools Market: End Use Movement Analysis & Market Share, 2023 & 2030
6.3. Machine Tools Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Billion)
6.3.1. Automotive
6.3.2. Mechanical Engineering
6.3.3. Metal Working
6.3.4. Aerospace
6.3.5. Electrical Industry
6.3.6. Others
Chapter 7. Machine Tools Market: Regional Estimates & Trend Analysis
7.1. Machine Tools Market: Regional Outlook
7.2. North America
7.2.1. North America Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.2.2. North America Machine Tools Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Billion)
7.2.3. North America Machine Tools Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Billion)
7.2.4. North America Machine Tools Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Billion)
7.2.5. U.S.
7.2.5.1. U.S. Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.2.5.2. U.S. Machine Tools Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Billion)
7.2.5.3. U.S. Machine Tools Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Billion)
7.2.5.4. U.S. Machine Tools Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Billion)
7.2.6. Canada
7.2.6.1. Canada Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.2.6.2. Canada Machine Tools Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Billion)
7.2.6.3. Canada Machine Tools Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Billion)
7.2.6.4. Canada Machine Tools Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Billion)
7.2.7. Mexico
7.2.7.1. Mexico Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.2.7.2. Mexico Machine Tools Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Billion)
7.2.7.3. Mexico Machine Tools Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Billion)
7.2.7.4. Mexico Machine Tools Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Billion)
7.3. Europe
7.3.1. Europe Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.3.2. Europe Machine Tools Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Billion)
7.3.3. Europe Machine Tools Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Billion)
7.3.4. Europe Machine Tools Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Billion)
7.3.5. Germany
7.3.5.1. Germany Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.3.5.2. Germany Machine Tools Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Billion)
7.3.5.3. Germany Machine Tools Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Billion)
7.3.5.4. Germany Machine Tools Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Billion)
7.3.6. France
7.3.6.1. France Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.3.6.2. France Machine Tools Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Billion)
7.3.6.3. France Machine Tools Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Billion)
7.3.6.4. France Machine Tools Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Billion)
7.3.7. Italy
7.3.7.1. Italy Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.3.7.2. Italy Machine Tools Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Billion)
7.3.7.3. Italy Machine Tools Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Billion)
7.3.7.4. Italy Machine Tools Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Billion)
7.3.8. Switzerland
7.3.8.1. Switzerland Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.3.8.2. Switzerland Machine Tools Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Billion)
7.3.8.3. Switzerland Machine Tools Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Billion)
7.3.8.4. Switzerland Machine Tools Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Billion)
7.3.9. Spain
7.3.9.1. Spain Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.3.9.2. Spain Machine Tools Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Billion)
7.3.9.3. Spain Machine Tools Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Billion)
7.3.9.4. Spain Machine Tools Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Billion)
7.4. Asia Pacific
7.4.1. Asia Pacific Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.4.2. Asia Pacific Machine Tools Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Billion)
7.4.3. Asia Pacific Machine Tools Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Billion)
7.4.4. Asia Pacific Machine Tools Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Billion)
7.4.5. China
7.4.5.1. China Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.4.5.2. China Machine Tools Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Billion)
7.4.5.3. China Machine Tools Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Billion)
7.4.5.4. China Machine Tools Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Billion)
7.4.6. India
7.4.6.1. India Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.4.6.2. India Machine Tools Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Billion)
7.4.6.3. India Machine Tools Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Billion)
7.4.6.4. India Machine Tools Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Billion)
7.4.7. Japan
7.4.7.1. Japan Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.4.7.2. Japan Machine Tools Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Billion)
7.4.7.3. Japan Machine Tools Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Billion)
7.4.7.4. Japan Machine Tools Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Billion)
7.4.8. South Korea
7.4.8.1. South Korea Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.4.8.2. South Korea Machine Tools Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Billion)
7.4.8.3. South Korea Machine Tools Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Billion)
7.4.8.4. South Korea Machine Tools Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Billion)
7.4.9. Taiwan
7.4.9.1. Taiwan Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.4.9.2. Taiwan Machine Tools Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Billion)
7.4.9.3. Taiwan Machine Tools Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Billion)
7.4.9.4. Taiwan Machine Tools Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Billion)
7.5. Central & South America
7.5.1. Central & South America Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.5.2. Central & South America Machine Tools Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Billion)
7.5.3. Central & South America Machine Tools Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Billion)
7.5.4. Central & South America Machine Tools Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Billion)
7.5.5. Brazil
7.5.5.1. Brazil Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.5.5.2. Brazil Machine Tools Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Billion)
7.5.5.3. Brazil Machine Tools Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Billion)
7.5.5.4. Brazil Machine Tools Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Billion)
7.5.6. Argentina
7.5.6.1. Argentina Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.5.6.2. Argentina Machine Tools Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Billion)
7.5.6.3. Argentina Machine Tools Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Billion)
7.5.6.4. Argentina Machine Tools Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Billion)
7.6. Middle East & Africa
7.6.1. Middle East & Africa Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.6.2. Middle East & Africa Machine Tools Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Billion)
7.6.3. Middle East & Africa Machine Tools Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Billion)
7.6.4. Middle East & Africa Machine Tools Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Billion)
7.6.5. South Africa
7.6.5.1. South Africa Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.6.5.2. South Africa Machine Tools Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Billion)
7.6.5.3. South Africa Machine Tools Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Billion)
7.6.5.4. South Africa Machine Tools Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Billion)
7.6.6. Saudi Arabia
7.6.6.1. Saudi Arabia Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
7.6.6.2. Saudi Arabia Machine Tools Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Billion)
7.6.6.3. Saudi Arabia Machine Tools Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Billion)
7.6.6.4. Saudi Arabia Machine Tools Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Billion)
Chapter 8. Machine Tools Market: Competitive Analysis
8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Company Categorization
8.3. Participant’s Overview
8.4. Financial Overview
8.5. Product Benchmarking
8.6. Company Market Positioning
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
8.8.1. Amada Machine Tools Co., Ltd.
8.8.2. CHIRON GROUP SE
8.8.3. DMG MORI. CO., LTD.
8.8.4. DN Solutions
8.8.5. Georg Fischer Ltd.
8.8.6. HYUNDAI WIA CORP
8.8.7. JTEKT Corporation
8.8.8. Komatsu Ltd
8.8.9. Makino
8.8.10. Okuma Corporation
8.8.11. Hurco Companies, Inc.
8.8.12. Dalian Machine Tool Group (DMTG) Corporation
8.8.13. Amera Seiki
8.8.14. Haas Automation, Inc
8.8.15. Datron AG
List of Tables
Table 1 Projected Real GDP forecasts of Major Economies in 2023 (%)
Table 2 Machine Tools Market Estimates And Forecasts, By Type, 2018 - 2030 (USD Billion)
Table 3 Machine Tools Market Estimates And Forecasts, By Technology, 2018 - 2030 (USD Billion)
Table 4 Machine Tools Market Estimates and Forecasts, By End Use, 2018 - 2030 (USD Billion)
Table 5 U.S. Macroeconomic Outlook
Table 6 Canada Macroeconomic Outlook
Table 7 Mexico Macroeconomic Outlook
Table 8 Germany Macroeconomic Outlook
Table 9 France Macroeconomic Outlook
Table 10 Italy Macroeconomic Outlook
Table 11 Switzerland Macroeconomic Outlook
Table 12 Spain Macroeconomic Outlook
Table 13 China Macroeconomic Outlook
Table 14 Japan Macroeconomic Outlook
Table 15 India Macroeconomic Outlook
Table 16 South Korea Macroeconomic Outlook
Table 17 Brazil Macroeconomic Outlook
Table 18 Argentina Macroeconomic Outlook
Table 19 South Africa Macroeconomic Outlook
Table 20 Saudi Arabia Macroeconomic Outlook
Table 21 Recent Developments & Impact Analysis, By Key Market Participants
Table 22 Company Heat Map Analysis, 2023
Table 23 Key Companies: Product Launches
Table 24 Key Companies: Mergers & Acquisition
Table 25 Key Companies: New Facility/Launch
Table 26 Key Companies: Partnerships
List of Figures
Fig. 1 Market Segmentation & Scope
Fig. 2 Information Procurement
Fig. 3 Data Analysis Models
Fig. 4 Market Formulation and Validation
Fig. 5 Data Validating & Publishing
Fig. 6 Market Snapshot
Fig. 7 Segment Snapshot
Fig. 8 Competitive Landscape Snapshot
Fig. 9 Penetration and Growth Prospect Mapping
Fig. 10 Machine Tools Market - Value chain analysis
Fig. 11 Machine Tools Market Dynamics
Fig. 12 Aircraft Shipments Volume, (in units)
Fig. 13 U.S. Motor Vehicle Production, 2017 - 2021 (Thousands of Units)
Fig. 14 Machine Tools Market: PORTER’s Analysis
Fig. 15 Machine Tools Market: PESTEL Analysis
Fig. 16 Machine Tools Market, By Type: Key Takeaways
Fig. 17 Machine Tools Market: Type Movement Analysis & Market Share, 2023 & 2030
Fig. 18 Metal Cutting Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 19 Metal Cutting Market Estimates & Forecasts, By Product, 2018 - 2030 (USD Billion)
Fig. 20 Metal Forming Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 21 Metal Forming Market Estimates & Forecasts, By Product, 2018 - 2030 (USD Billion)
Fig. 22 Machine Tools Market, By Technology: Key Takeaways
Fig. 23 Machine Tools Market: Technology Movement Analysis & Market Share, 2023 & 2030
Fig. 24 Computer Numerical Control (CNC) market estimates & forecasts, 2018 - 2030 (USD Billion)
Fig. 25 Conventional Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 26 Machine Tools Market, By End Use: Key Takeaways
Fig. 27 Machine Tools Market: End Use Movement Analysis & Market Share, 2023 & 2030
Fig. 28 Automotive Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 29 Mechanical Engineering Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 30 Metal Working Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 31 Aerospace Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 32 Electrical industry Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 33 Others Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 34 Machine Tools Market Revenue, By Region, 2023 & 2030, (USD Billion)
Fig. 35 Region Marketplace: Key Takeaways
Fig. 36 Region Marketplace: Key Takeaways
Fig. 37 North America Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 38 U.S. Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 39 Canada Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 40 Mexico Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 41 Europe Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 42 Germany Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 43 France Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 44 Italy Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 45 Switzerland Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 46 Spain Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 47 Asia Pacific Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 48 China Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 49 Japan Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 50 India Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 51 Taiwan Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 52 South Korea Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 53 Central & South America Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 54 Brazil Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 55 Argentina Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 56 Middle East & Africa Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 57 South Africa Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 58 Saudi Arabia Machine Tools Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 59 Key Company Categorization
Fig. 60 Company Market Positioning
Fig. 61 Strategic Framework

Companies Mentioned

  • Amada Machine Tools Co., Ltd.
  • CHIRON GROUP SE
  • DMG MORI. CO., LTD.
  • DN Solutions
  • Georg Fischer Ltd.
  • HYUNDAI WIA CORP
  • JTEKT Corporation
  • Komatsu Ltd
  • Makino
  • Okuma Corporation
  • Hurco Companies, Inc.
  • Dalian Machine Tool Group (DMTG) Corporation
  • Amera Seiki
  • Haas Automation, Inc
  • Datron AG

Table Information

Report AttributeDetails
No. of Pages152
PublishedJuly 2024
Forecast Period2023 - 2030
Estimated Market Value ( USD ) in 2023 $ 92.78 Billion
Forecasted Market Value ( USD ) by 2030 $ 137.43 Billion
Compound Annual Growth Rate5.8%
Regions CoveredGlobal
No. of Companies Mentioned15

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