Global Machine Tools Industry

Global Machine Tools Industry

  • February 2020 •
  • 284 pages •
  • Report ID: 5112917 •
  • Format: PDF
Machine Tools market worldwide is projected to grow by US$40.1 Billion, driven by a compounded growth of 6.2%. Machining Centers, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.1%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$24.9 Billion by the year 2025, Machining Centers will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 5.3% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$1.4 Billion to the region’s size and clout in the next 5 to 6 years. Over US$1.2 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, Machining Centers will reach a market size of US$814.4 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 9.1% over the next couple of years and add approximately US$10.8 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others,
  • Allied Machine & Engineering Corp.
  • Amada Co, Ltd.
  • Amada Machine Tools America, Inc.
  • Dalian Machine Tool Group Corp.
  • DMG Mori Co., Ltd.
  • Doosan Machine Tools Co. Ltd.
  • FANUC Corp.
  • FANUC America Corp.
  • GF Machining Solutions Management SA
  • Haas Automation, Inc.
  • Hardinge, Inc.
  • Jones & Shipman Hardinge Ltd.
  • Hyundai WIA Co. Ltd.
  • JTEKT Corp.
  • Kennametal Inc.
  • Komatsu Ltd.
  • MAG IAS GmbH
  • Makino Milling Machine Co. Ltd.
  • Okuma Corp.
  • Otto Bihler Maschinenfabrik GmbH & Co. KG
  • Sandvik AB
  • Sandvik Coromant
  • Schuler AG
  • Shanghai Machine Tool Works Ltd.
  • Shape Technologies Group
  • Sodick
  • Spinner Machine Tools GmbH
  • TAJMAC-ZPS, a.s.
  • Trumpf Group
  • Walter AG
  • Yamazaki Mazak Corp.