Global Machine Tools Industry Analysis By Machine Tool Type, By Machine Application Type (Metal Cutting, Metal Forming) & By End Use Industry with COVID-19 impact | Forecast Period 2017-2030

Machine Tools Industry Analysis 2017-2030

Market Outlook

Global machine tools industry which encompasses metal cutting CNC machines, metal cutting conventional machines, metal forming CNC machines & metal forming conventional machines, are projected to expand at impressive compounded annual growth rate (CAGR) of 9.62% during the forecast period 2017-2030. Across the world, China & India are witnessed to have highest growth prospects. Whereas among the developed regions of the world, Europe & Japan are expected to continue to show increasing trends but at considerably slower growth rate than the global average, and the US is anticipated to grow at modest pace.

Global Machine Tools Industry Segmentation

• By Machine Tool Type

  • CNC Machine Tools
  • Conventional Machine Tools

• By Machine Application Type

  • Metal Cutting Machines
  • Metal Forming Machines

• By End Use Industry

  • Automotive Industry
  • Engineering & Capital Goods Sector
  • Consumer Durables Sector
  • Railway Sector
  • Aerospace Sector
  • Others

• By Geography

  • North America (U.S. & Canada)  Machine Tools Industry {Market Share (%), Market Size (USD Billion)}
  • Latin America (Brazil, Mexico, Argentina & Rest Of Latin America)  Machine Tools Industry {Market Share (%), Market Size (USD Billion)}
  • Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & Roe)  Machine Tools Industry {Market Share (%), Market Size (USD Billion)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest Of Asia)  Machine Tools Industry {Market Share (%), Market Size (USD Billion)}
  • Middle East & Africa (GCC, South Africa, North Africa, Romea) Machine Tools Industry {Market Share (%), Market Size (USD Billion)}

Key Findings in Machine Tools Industry Analysis 

Additive Manufacturing, Process Automation & Electric Vehicles are the Major Trends Reshaping Machine Tools Industry

The global machine tools industry dimensions are being impacted by three major trends including the additive manufacturing (AM), process automation and electric vehicles (EV). Globally the process automation is largely being adopted to achieve better precision in a less time period. Global investments in process automation are estimated at USD 115.3 billion in 2017.

Further, the additive manufacturing which describes the technologies used to build 3D objects has brought dynamic changes across multiple industries including automobile, healthcare, defense & aerospace among others. The global automotive market player Ford Motor Company has plans to use 3D printing technology to make spoilers and larger tools & fixtures, such that their features of light weight & cost effective, are much required in future automobiles.

Continuing with the trends reshaping the machine tools industry, the electric vehicles are demanding for the specialized machine tools. The EVs are increasingly penetrating the global markets and their technologies are continuously being developed. But this has also increased the complexity. Thus to integrate the advance technologies & adopt smart solutions, use of specialized machine tools is one of the innovative solution.

Metal Cutting Machines with 58% Market Share is Likely to Lead Machine Tools Market

Analyzing the segments of machine tools industry, CNC machines acquire largest market share of 68.32% in 2017. Moreover, the metal cutting CNC machines have highest demand & consumption as compared to others. Based on application type, metal cutting machines leads the market with nearly 58.0% market share in 2017.

COVID-19 impact on "Global Machine Tools Industry"

The report analyses and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "Global Machine Tools Industry " along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.

Key Players Covered in this Global Machine Tools Industry Report         

• Trumpf
• Shenyang Group
• Amada Co. Ltd.
• DMTG
• Komatsu
• DMG Mori Aktiengesellschaft
• Schuler Group
• JTEKT Corporation
• Okuma Corporation
• MAG IAS GmbH
• Makino Milling Machine Co., Ltd.
• Doosan Machine Tools Co. Ltd.

The global machine tools industry report comprises of detailed competitive outlook. It includes the major manufacturers of machine tools, their business strategy, financial analysis, SWOT analysis, business segmentation based on distribution channel, geographical presence & supply to end use industry. The competitive outlook also includes the market share of each player.

Factors Covered in Global Machine Tools Industry Analysis, 2017-2030 :

• Forecast market size (in USD & units), market share (%) and market CAGR (%), 2017-2030 and other industry statistics.
• Market segmentation in the report is backed by the estimated & forecast market size (in USD & units) & market share (%) along with the BPS analysis & market attractiveness.
• Present ground scenario and future opportunity prospects for the market players to analyze the target markets.
• In-depth competitive analysis of the major players and leaders in machine tools industry.
• Future prospects of the overall industry based on manufacturers, suppliers, employment outlook and other key stakeholders.
• The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models.
• Global machine tools industry report recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.
• To understand the market dynamics the report discusses the challenges, risk analysis, trends & opportunities in the market for the new & existing players.

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Reasons to buy this market study

• Facilitate decision-making based on strong historic and forecast data for Global Machine Tools Industry
• Develop strategies based on the latest regulatory framework
• Position yourself to gain the maximum advantage of the Global Machine Tools Industry growth potential
• Identify key partners and business development avenues across the globe
• Respond to your competitors’ business structure, strategy and prospects