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Global Machining Centres Market Report and Forecast 2022-2027

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    Report

  • 170 Pages
  • February 2022
  • Region: Global
  • Expert Market Research
  • ID: 5703437
The global machining centres market a value of USD 26,051 million in 2021. Aided by the growing demand for machining centres across industries such as automotive and aerospace, the market is projected to further grow at a CAGR of 7.44% between 2022 and 2027 to reach a value of USD 40,184 million by 2027.

Machining centres are defined as the mechanical components which facilitate the machining operations across the industrial sector. These operations include milling, boring, and threading, among others. Machining centres are known to be integral in the handling and manufacturing of strong metallic components, which makes them applicable in the manufacturing sector, leading to a heightened growth of the global machining centres market.

Machining centres are widely applied across industries such as automotive, aerospace, and power generation, among others. Machining centres are crucial in the automotive sector to facilitate various automotive operations including dying of components, grinding and drilling of engine components, and manufacturing various parts of an automobile. Hence, the thriving automotive industry, across the growing economic nations, is fuelling the demand for the product.

The growing research and development activities in the aerospace industry are further improving the machining centres market dynamics. In addition to this, the production of innovative and upgraded military and commercial aircrafts is getting fuelled owing to the increasing living standards, rapid urbanisation, and escalating geopolitical concerns. On top of this, the high-precision manufacturing is gaining traction in the aerospace industry, which is further increasing the demand for machining centres, owing to the savings on time and money offered by it.

Machining centres are also witnessing a heightened demand from the construction and agriculture industry, which can be attributed to the technological advancements and sophistication of the equipment used in these industries. Machining centres are capable of handling heavy metallic equipment with great precision and accuracy.

Furthermore, the growth of the machining centres market is being aided by the increasing investments by the major market players aimed towards upgrading the machining centres. The induction of machining centres with a combination of five axis, two axes of rotation and standard three axes, is one such example of latest innovation.

Market Segmentation

The market can be divided into the following segmentations.

Market Breakup by Type

  • Horizontal Machining Centre
  • Vertical Machining Centre
  • Others

Market Segmentation by Application

  • Automotive
  • Aerospace
  • Construction and Agriculture
  • General Engineering (Fluid Power)
  • Oil and Energy
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
  • Others

Competitive Landscape

This report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the companies. Some of the major key players explored in the report are as follows:
  • JTEKT Corporation
  • FANUC Corporation
  • Yamazaki Mazak Corporation
  • FFG European and American Holdings GmbH
  • Makino Milling Machine Co., Ltd
  • Okuma Corporation
  • Others
*The publisher always thrives to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Machining Centres Market Analysis
8.1 Key Industry Highlights
8.2 Global Machining Centres Historical Market (2017-2021)
8.3 Global Machining Centres Market Forecast (2022-2027)
8.4 Global Machining Centres Market by Type
8.4.1 Horizontal Machining Center
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Vertical Machining Center
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Others
8.5 Global Machining Centres Market by Application
8.5.1 Automotive
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Aerospace
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Construction and Agriculture
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 General Engineering (Fluid Power)
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.5.5 Oil and Energy
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2017-2021)
8.5.5.3 Forecast Trend (2022-2027)
8.5.6 Others
8.6 Global Machining Centres Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2017-2021)
8.6.4.3 Forecast Trend (2022-2027)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2017-2021)
8.6.5.3 Forecast Trend (2022-2027)
9 North America Machining Centres Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2017-2021)
9.1.3 Forecast Trend (2022-2027)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2017-2021)
9.2.3 Forecast Trend (2022-2027)
10 Europe Machining Centres Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2017-2021)
10.1.3 Forecast Trend (2022-2027)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2017-2021)
10.2.3 Forecast Trend (2022-2027)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2017-2021)
10.3.3 Forecast Trend (2022-2027)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2017-2021)
10.4.3 Forecast Trend (2022-2027)
10.5 Others
11 Asia Pacific Machining Centres Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2017-2021)
11.1.3 Forecast Trend (2022-2027)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2017-2021)
11.2.3 Forecast Trend (2022-2027)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2017-2021)
11.3.3 Forecast Trend (2022-2027)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2017-2021)
11.4.3 Forecast Trend (2022-2027)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2017-2021)
11.5.3 Forecast Trend (2022-2027)
11.6 Others
12 Latin America Machining Centres Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2017-2021)
12.1.3 Forecast Trend (2022-2027)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2017-2021)
12.2.3 Forecast Trend (2022-2027)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2017-2021)
12.3.3 Forecast Trend (2022-2027)
12.4 Others
13 Middle East and Africa Machining Centres Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2017-2021)
13.1.3 Forecast Trend (2022-2027)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2017-2021)
13.2.3 Forecast Trend (2022-2027)
13.3 Egypt
13.3.1 Market Share
13.3.2 Historical Trend (2017-2021)
13.3.3 Forecast Trend (2022-2027)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2017-2021)
13.4.3 Forecast Trend (2022-2027)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Trade Data Analysis (HS Code - 8457)
15.1 Major Importing Countries
15.1.1 By Volume
15.1.2 By Value
15.2 Major Exporting Countries
15.2.1 By Volume
15.2.2 By Value
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 JTEKT Corporation
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 FANUC Corporation
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Yamazaki Mazak Corporation
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 FFG European and American Holdings GmbH
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Makino Milling Machine Co., Ltd.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Okuma Corporation
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market

Companies Mentioned

  • JTEKT Corporation
  • FANUC Corporation
  • Yamazaki Mazak Corporation
  • FFG European and American Holdings GmbH
  • Makino Milling Machine Co., Ltd.
  • Okuma Corporation

Methodology

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