The market for machine tools is expected to grow at a CAGR of around 4.1% from 2020 to 2027 and expected to reach the market value of around US$129.1 Bn by 2027.
Machine tool is a stationary power-driven machine used to shape or form parts made of metal or other materials. The task is done by cutting excess material in the form of chips from the part, shearing the material, squeezing metallic parts to the desired shape, or by applying electricity, ultrasound, or corrosive chemicals to the material.
Market Dynamics
The growing industries that produce end products and components using machine tools along with the increasing demand for superior quality products that are achievable through high precision machine tools are supporting the market growth. The rapid expansion of metalwork process industries and the increasing number of production facilities along with the establishment of new factories in various end-use industries like automotive, railway, aerospace, and defense are bolstering the market value. Furthermore, the increasing demand for electric vehicles across the globe is projected to create potential opportunities over the forecast timeframe from 2020 to 2027.
On the other hand, high initial cost involves in the high-end machines, and trade barriers between different regions are anticipated to limit growth to an extent during the forecast period from 2020 to 2027.
Automotive segment accounted for the maximum share in 2019
By end-use, automotive is the leading segment with major share (%) in terms of value. The segment is particularly gaining growth on account of the increasing demand in the sector. The increasing production of automotive especially in the Asia Pacific region is accelerating the segmental market value.
The market research study on “Machine Tools Market– Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 – 2027”, offers a detailed insight into the global Machine Tools market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights into the global Machine Tools market, its product type, application, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global Machine Tools market size and volume, and segment markets by product type, application, and geography along with the information on companies operating in the market. The Machine Tools market analysis is provided for major regional markets including North America, Europe, Asia Pacific, Latin America and Middle East and Africa. For each region, the market size and volume for different segments have been covered under the scope of the report.
Asia Pacific registered maximum share in the global market.
In 2019, Asia Pacific accounted for the major or dominating share in the global machine tools market. The region is also projected to maintain its dominance over the forecast period from 2020 to 2027. The rapid industrialization and expanding automotive sector are contributing to the regional market value. The major economies of the region including Japan, China, and India are majorly contributing to the regional market growth. Additionally, the region is also projected to experience the fastest growth over the estimated period.
The players profiled in the report include Amada Co. Ltd, CHIRON Group, Dalian Machine Tool Group, Diskus Werke AG, DMG Mori, Seiki Co., Ltd, Falcon Machine Tools Co. Ltd, FANUC Corporation, Haas Automation, Inc, JTEKT Corporation, Komatsu Ltd, MAG, Makino Milling Machine Co., Ltd, Okuma Corporation, Schuler AG, Shenyang Machine Tool Group, TRUMPF Group, and Yamazaki Mazak.
Market Segmentation
Market By Tool Type
Metal Cutting
Metal Forming
Market By Technology Type
Conventional
CNC (Computerized Numerical Control)
Market By End Use
Automotive
Aerospace and Defense
Electrical and Electronics
Consumer Goods
Precision Engineering
Others
Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Machine Tools
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Machine Tools Market By Tool Type
1.2.2.1. Global Machine Tools Market Revenue and Growth Rate Comparison By Tool Type(2020-2027)
1.2.2.2. Global Machine Tools Market Revenue Share By Tool Type in 2019
1.2.2.3. Metal Cutting
1.2.2.4. Metal Forming
1.2.3. Machine Tools Market By Technology Type
1.2.3.1. Global Machine Tools Market Revenue and Growth Rate Comparison By Technology Type (2020-2027)
1.2.3.2. Global Machine Tools Market Revenue Share By Technology Type in 2019
1.2.3.2.1. Conventional
1.2.3.2.2. CNC (Computerized Numerical Control)
1.2.4. Machine Tools Market By End Use
1.2.4.1. Global Machine Tools Market Revenue and Growth Rate Comparison By End Use(2020-2027)
1.2.4.2. Global Machine Tools Market Revenue Share By End Use in 2019
1.2.4.2.1. Automotive
1.2.4.2.2. Aerospace and Defense
1.2.4.2.3. Electrical and Electronics
1.2.4.2.4. Consumer Goods
1.2.4.2.5. Precision Engineering
1.2.4.2.6. Others
1.2.5. Machine Tools Market By Geography
1.2.5.1. Global Machine Tools Market Revenue and Growth Rate Comparison by Geography (2020-2027)
1.2.5.2. North America Machine Tools Market Revenue and Growth Rate(2020-2027)
1.2.5.3. Europe Machine Tools Market Revenue and Growth Rate(2020-2027)
1.2.5.4. Asia-Pacific Machine Tools Market Revenue and Growth Rate(2020-2027)
1.2.5.5. Latin America Machine Tools Market Revenue and Growth Rate(2020-2027)
1.2.5.6. Middle East and Africa (MEA) Machine Tools Market Revenue and Growth Rate(2020-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING Machine Tools ANALYSIS
3.1. Capacity and Commercial Production Date of Global Machine Tools Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Machine Tools Major Manufacturers in 2019
3.3. R&D Status and Manufacturing End-User of Global Machine Tools Major Manufacturers in 2019
3.4. Raw Materials End-Users Analysis of Global Machine Tools Major Manufacturers in 2019
CHAPTER 4. Machine Tools MARKET By Tool Type
4.1. Global Machine Tools Revenue By Tool Type
4.2. Metal Cutting
4.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.3. Metal Forming
4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 5. Machine Tools MARKET By Technology Type
5.1. Global Machine Tools Revenue By Technology Type
5.2. Conventional
5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. CNC (Computerized Numerical Control)
5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 6. Machine Tools MARKET By End Use
6.1. Global Machine Tools Revenue By End Use
6.2. Automotive
6.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.3. Aerospace and Defense
6.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.4. Electrical and Electronics
6.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.5. Consumer Goods
6.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.6. Precision Engineering
6.6.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.6.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.7. Others
6.7.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.7.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 7. NORTH AMERICA Machine Tools MARKET BY COUNTRY
7.1. North America Machine Tools Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.2. North America Machine Tools Market Revenue Share Comparison, 2020 & 2027 (%)
7.3. U.S.
7.3.1. U.S. Machine Tools Market Revenue and Forecast By Tool Type, 2020 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
7.3.3. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Tool Type, 2020 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
7.4.3. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
CHAPTER 8. EUROPE SMART REFRIGERATOR MARKET BY COUNTRY
8.1. Europe Machine Tools Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. Europe Machine Tools Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Tool Type, 2020 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
8.3.3. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Tool Type, 2020 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
8.4.3. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Tool Type, 2020 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
8.5.3. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Tool Type, 2020 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
8.6.3. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Tool Type, 2020 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
8.7.3. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
CHAPTER 9. ASIA-PACIFIC Machine Tools MARKET BY COUNTRY
9.1. Asia-Pacific Machine Tools Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Asia-Pacific Machine Tools Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Tool Type, 2020 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
9.3.3. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Tool Type, 2020 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
9.4.3. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Tool Type, 2020 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
9.5.3. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Tool Type, 2020 - 2027 ($Million)
9.6.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
9.6.3. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Tool Type, 2020 - 2027 ($Million)
9.7.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
9.7.3. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Tool Type, 2020 - 2027 ($Million)
9.8.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
9.8.3. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
CHAPTER 10. LATIN AMERICA Machine Tools MARKET BY COUNTRY
10.1. Latin America Machine Tools Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Latin America Machine Tools Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Tool Type, 2020 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
10.3.3. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Tool Type, 2020 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
10.4.3. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Tool Type, 2020 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
10.5.3. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA Machine Tools MARKET BY COUNTRY
11.1. Middle East & Africa Machine Tools Market Revenue and Growth Rate, 2020 - 2027 ($Million)
11.2. Middle East & Africa Machine Tools Market Revenue Share Comparison, 2020 & 2027 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Tool Type, 2020 - 2027 ($Million)
11.3.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
11.3.3. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Tool Type, 2020 - 2027 ($Million)
11.4.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
11.4.3. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Tool Type, 2020 - 2027 ($Million)
11.5.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
11.5.3. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Amada Co. Ltd
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. CHIRON Group
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Dalian Machine Tool Group
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Diskus Werke AG
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. DMG Mori
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Seiki Co., Ltd
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Falcon Machine Tools Co. Ltd
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. FANUC Corporation
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Haas Automation, Inc
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. JTEKT Corporation
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Others
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Product Portfolio
12.11.5. Key Developments
12.11.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
