The Global Machine Tools Market is poised to grow strong during the forecast period 2018 to 2028.
Some of the prominent trends that the market is witnessing include rise of electric vehicles changing the demand for the machine tool industry, growth of industries that produce components using machine tools, and integration of 3d printing technology.
Based on product type, the market is categorized into drilling machines, electrical discharge machines, grinding machines, machining centers, milling machines, and turning machines.
By automation type, the market is categorized into computerized numerical control (CNC) machine tools, conventional machine tools, and other automation types.
Depending on tool type, the market is segregated into metal cutting, metal forming, installation, repair, and maintenance, and parts and accessories. Furthermore, metal cutting segment is sub-segmented into gear cutting, lapping, honing & polishing machines, and lathe machines. Moreover, the metal forming segment is sub-segmented into bending & forming machines, metal working presses, punching & shearing machines, and stamping.
Based on sales channel, the market is divided into dealers and distributors, direct sales, and events and exhibitions.
By industry, the market is categorized into automotive and transportation, capital goods, energy, and sheet metals.
Depending on end user, the market is segregated into aerospace and defense, automobile, automotive, consumer goods, electrical and electronics, fabrication and industrial machinery manufacturing, machine tools & parts manufacturing, marine, precision engineering, ship building, and other end users. Furthermore, consumer goods segment is sub-segmented into ceramics, glass, and plastics. Moreover, the other end users segment is sub-segmented into construction and mining.
This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2015, 2016 revenue estimations are presented for 2017 and forecasts from 2018 till 2028. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
This report provides data tables, includes charts and graphs for visual analysis.
Regional Analysis: North America - US - Canada - Mexico
Europe - France - Germany - Italy - Spain - UK - Rest of Europe
Asia Pacific - China - Japan - India - Australia - New Zealand - Rest of Asia Pacific
Middle East - Saudi Arabia - UAE - Rest of Middle East
Latin America - Argentina - Brazil - Rest of Latin America
Rest of the World - South Africa - Others
Report Highlights: - The report provides a detailed analysis on current and future market trends to identify the investment opportunities - Market forecasts till 2028, using estimated market values as the base numbers - Key market trends across the business segments, Regions and Countries - Key developments and strategies observed in the market - Market Dynamics such as Drivers, Restraints, Opportunities and other trends - In-depth company profiles of key players and upcoming prominent players - Growth prospects among the emerging nations through 2028 - Market opportunities and recommendations for new investments
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