The Machine Tools Market is expected to be around US$ 104.20 Billion by 2027 at a CAGR of 3.39% in the given forecast period.
Machine tools are the machines that are used for shaping metal or machining and other rigid materials by cutting, grinding, boring, shearing, and other form of deformation. Machine tools are combined with some sort of tools that do the cutting and other deformation operations. Machine tools refer to power-driven metal cutting or forming equipment’s used for metals or other hard materials. There is an extensive variety of machine tools accessible in the market ranging from small workbench mounted devices to large devices which are used in modern industries. They perform a range of processes such as grinding, abrading, cutting, forming, drilling, and nibbling, which help to improve product uniformity and decrease the human interaction essential in different steps of the procedure. For instance, Yamazaki Mazak, a Japanese machine tool manufacturer, utilizes 3D printing in the manufacture of its CNC machines. This has led to a growth in their profit margins and positively impacted the rule of resources. The increasing technological advancements and manufacturing industry in machine tools, such as robotic arm and multi axis, are some of the major factors driving the growth of the machine tool industry globally.
The global Machine Tools market is segregated on the basis of Type Outlook as Lathe Machines, Milling Machines, Laser Machines, Grinding Machines, Welding Machines, Winding Machines, Others, and Live Entertainment. Based on Technology Outlook the global Machine Tools market is segmented in Computer Numerical Control (CNC) and Conventional. Based on Sales Channel Outlook the global Machine Tools market is segmented in Direct and Indirect.
Based on End-use Outlook, the global Machine Tools market is segmented in Automotive, Aerospace & Defense, Construction Equipment, Power & Energy, Industrial, and Others.
The global Machine Tools market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Machine Tools market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
AMADA Co., Ltd., CHIRON Group SE, DMG MORI, Doosan Corporation, Georg Fischer Ltd., HYUNDAI WIA CORP., JTEKT, Komatsu Ltd., Makino, Okuma Corporation, and others are among the major players in the global Machine Tools market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Machine Tools Market has been segmented as below:
Machine Tools Market, By Type Outlook
Machine Tools Market, By Technology Outlook
Machine Tools Market, By Sales Channel Outlook
Machine Tools Market, By End-use Outlook
Machine Tools Market, By Region
Machine Tools Market, By Company
The report covers:
Report Scope:
The global Machine Tools market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Machine Tools market share. Major industry players with significant revenue share include AMADA Co., Ltd., CHIRON Group SE, DMG MORI, Doosan Corporation, Georg Fischer Ltd., HYUNDAI WIA CORP., JTEKT, Komatsu Ltd., Makino, Okuma Corporation, and others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
5. Machine Tools Market, By Type Outlook
5.1. Key Points
5.2. Lathe Machines
5.3. Milling Machines
5.4. Laser Machines
5.5. Grinding Machines
5.6. Welding Machines
5.7. Winding Machines
5.8. Others
6. Machine Tools Market, By Technology Outlook
6.1. Key Points
6.2. Computer Numerical Control (CNC)
6.3. Conventional
7. Machine Tools Market, By Sales Channel Outlook
7.1. Key Points
7.2. Direct
7.3. Indirect
8. Machine Tools Market, By End-use Outlook
8.1. Key Points
8.2. Automotive
8.3. Aerospace & Defense
8.4. Construction Equipment
8.5. Power & Energy
8.6. Industrial
8.7. Others
9. Competitive Landscape
9.1. Introduction
9.2. Recent Developments
9.2.1. Mergers & Acquisitions
9.2.2. New Product Developments
9.2.3. Portfolio/Production Capacity Expansions
9.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
9.2.5. Others
10. Company Profiles
10.1 AMADA Co., Ltd.
10.1.1 Company Overview
10.1.2 Product/Service Landscape
10.1.3 Financial Overview
10.1.4 Recent Developments
10.2 CHIRON Group SE
10.2.1 Company Overview
10.2.2 Product/Service Landscape
10.2.3 Financial Overview
10.2.4 Recent Developments
10.3 DMG MORI
10.3.1 Company Overview
10.3.2 Product/Service Landscape
10.3.3 Financial Overview
10.3.4 Recent Developments
10.4 Doosan Corporation
10.4.1 Company Overview
10.4.2 Product/Service Landscape
10.4.3 Financial Overview
10.4.4 Recent Developments
10.5 Georg Fischer Ltd.
10.5.1 Company Overview
10.5.2 Product/Service Landscape
10.5.3 Financial Overview
10.5.4 Recent Developments
10.6 HYUNDAI WIA CORP.
10.6.1 Company Overview
10.6.2 Product/Service Landscape
10.6.3 Financial Overview
10.6.4 Recent Developments
10.7 JTEKT
10.7.1 Company Overview
10.7.2 Product/Service Landscape
10.7.3 Financial Overview
10.7.4 Recent Developments
10.8 Komatsu Ltd.
10.8.1 Company Overview
10.8.2 Product/Service Landscape
10.8.3 Financial Overview
10.8.4 Recent Developments
10.9 Makino
10.9.1 Company Overview
10.9.2 Product/Service Landscape
10.9.3 Financial Overview
10.9.4 Recent Developments
10.10 Okuma Corporation
10.10.1 Company Overview
10.10.2 Product/Service Landscape
10.10.3 Financial Overview
10.10.4 Recent Developments
The Machine Tools Market has been segmented as below:
Machine Tools Market, By Type Outlook
Machine Tools Market, By Technology Outlook
Machine Tools Market, By Sales Channel Outlook
Machine Tools Market, By End-use Outlook
Machine Tools Market, By Region
Machine Tools Market, By Company
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