Machine Tools Market Size to Reach around USD 122 Billion by 2026 – Arizton

The global machine tools market by revenue is expected to grow at a CAGR of around 8.5% during 2021–2026.

 

In terms of investment, the market is likely to rebound by 5% in 2021. Vendors catering to this industry will witness a sudden rise in demand. The global machine tools market has been immensely affected by the outbreak of the COVID-19 pandemic. Activities in the manufacturing production line have witnessed the sharpest contraction since the last decade. In 2020, machine tools production and consumption went for a toss, with industrial production decreasing by 5% worldwide. Europe was one of the most adversely affected regions. The production and supply orders reduced drastically in Q2 2020 across the world. However, the market is likely to rebound during 2021 due to the restoration of economic activities and industrial processes. The machine tools industry has witnessed massive investment owing to the growth in industrialization.

 

The following factors are likely to contribute to the growth of the machine tools market during the forecast period:

  • Tremendous Industrial & Economic Growth in APAC
  • Increased Emphasis on Industry 4.0
  • The rise in Infrastructure Development
  • Growth in Machine Tools Investment

 

The study considers the present scenario of the motor tools market and its market dynamics for the period 2020−2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.

 

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Machine Tools Market – Vendor Profiles

 

Prominent Vendors

  • Doosan
  • AMADA Group
  • Makino Milling Machine Co. Ltd.
  • JTEKT

 

Other Prominent Vendors

  • GF Machining Solutions
  • DMG Mori Seiki Co.
  • Komatsu
  • OKUMA Corporation
  • HYUNDAI WIA
  • Schuler AG
  • CHIRON Group SE
  • 600 Group PLC
  • Falcon Machine Tools Co. Ltd.
  • MAG IAS GMBH
  • GROB-WERKE GmbH & Co. KG
  • Spinner Precision Machine-Tools
  • Haas Automation Inc.
  • Gleason Corporation
  • Dalian Machine Tool Group Corporation
  • Yamazaki Mazak Corporation
  • Electronica Hitech Machine Tools Pvt. Ltd.
  • Ace Micromatic Group
  • TRUMPF GmbH + Co. KG

 

Machine Tools Market – Segmentation

 

Tool Type

  • Metal Cutting
    • Machining Center
    • Lathe
    • Grinding Polishing
    • Laser, EDMs, & Other Tools
    • Others
  • Metal Forming
    • Bending & Forming
    • Pressing
    • Punching & Shearing
    • Others

Technology

  • CNC
    • Metal Cutting
    • Metal Forming
  • Non CNC
    • Metal Cutting
    • Metal Forming

End-users

  • Automotive
  • Industrial Machinery
  • Metal industry
  • Electrical & Electronics
  • Medical Industry
  • Heavy Equipment
  • Aerospace & Defense
  • Marine & Offshoring
  • Others

Geography

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Switzerland
  • APAC
    • China
    • Japan
    • South Korea
    • India
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of Middle East

 

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Machine Tools Market – Table of Contents

 

1            Research Methodology

2            Research Objectives

3            Research Process

 

4            Scope & Coverage

4.1        Market Definition

4.1.1     Inclusions

4.1.2     Exclusions

4.2        Base Year

4.3        Scope of The Study

4.3.1     Market Segmentation by Tool Type

4.3.2     Market Segmentation by Metal Cutting Tools

4.3.3     Market Segmentation by Metal Forming Tools

4.3.4     Market Segmentation by Technology

4.3.5     Market Segmentation by End User

4.3.6     Market Segmentation by Geography

 

5            Report Assumptions & Caveats

5.1        Key Caveats

5.2        Currency Conversion

5.3        Market Derivation

 

6            Market at a Glance

7            Introduction

7.1        Industrial Revolution & Machine Tool: PRE-COVID-19

7.2        Machine Tools Market Dynamics

7.3        Machine Tools Purchasing Hit Hard Due To COVID-19

7.3.1     Impact on Global Value Chain

 

8            Market Opportunity & Trends

8.1        Industrial & Economic Growth In APAC

8.2        Emphasis on Industry 4.0

8.3        Rise in Investments

 

9            Market Growth Enablers

9.1        Growth in Automotive Sector

9.2        Rise in Infrastructure Development

9.3        High Emphasis on Automation in The Industrial Sector

 

10         Market Restraints

10.1      Political Turmoil – Restraint for Trade

10.2      Rise in Material Cost

10.3      Increasing Labor And Machinery Cost

 

11         Market Landscape

11.1      Market Overview

11.1.1   Market Size & Forecast

11.1.2   Micro-Economic Factors Impacting the Global Machine Tools Market

11.2      Market by Geography

11.2.1   Market Size & Forecast by Production Value

11.2.2   Market Size & Forecast by Consumption Value

11.3      Market by Technology

11.3.1   Market Size & Forecast by Consumption Value

11.4      Market by Tool Type

11.4.1   Market Size & Forecast by Production Value

11.4.2   Market Size & Forecast by Consumption Value

11.5      Market by Metal Cutting

11.5.1   Market Size & Forecast by Production Value

11.5.2   Market Size & Forecast by Consumption Value

11.6      Market by Metal Forming

11.6.1   Market Size & Forecast by Production Value

11.6.2   Market Size & Forecast by Consumption Value

11.7      Market by End User

11.7.1   Market Size & Forecast by Consumption

11.8      Five Forces Analysis

11.8.1   Threat of New Entrants

11.8.2   Bargaining Power of Suppliers

11.8.3   Bargaining Power of Buyers

11.8.4   Threat of Substitutes

11.8.5   Competitive Rivalry

 

12         Tool Type

12.1      Market Snapshot & Growth Engine By Production Value

12.2      Market Snapshot & Growth Engine By Consumption Value

12.3      Market Overview

12.3.1   Key Insights

 

13         Metal Cutting

13.1      Market Overview

13.2      Market Size & Forecast

13.2.1   Production Value & Consumption Value

13.2.2   Production Value by Geography

13.2.3   Consumption Value by Geography

13.2.4   Market Snapshot & Growth Engine by Production Value

13.2.5   Market Snapshot & Growth Engine by Consumption Value

13.3      Machining Centers

13.3.1   Market Size & Forecast (Production Value & Consumption Value)

13.3.2   Production Value by Geography

13.3.3   Consumption Value by Geography

13.4      Lathe

13.4.1   Market Size & Forecast (Production Value & Consumption Value)

13.4.2   Production Value by Geography

13.4.3   Consumption Value by Geography

13.5      Grinding & Polishing

13.5.1   Market Size & Forecast (Production Value & Consumption Value)

13.5.2   Production Value by Geography

13.5.3   Consumption Value by Geography

13.6      Laser, Electrical Discharge Machines (EDMs), & Other Tools

13.6.1   Market Size & Forecast (Production Value & Consumption Value)

13.6.2   Production Value by Geography

13.6.3   Consumption Value by Geography

13.7      Other Metal Cutting Tools

13.7.1   Market Size & Forecast (Production Value & Consumption Value)

13.7.2   Production Value by Geography

13.7.3   Consumption Value by Geography

 

14         Metal Forming

14.1      Market Overview

14.2      Market Size & Forecast

14.2.1   Production Value & Consumption Value

14.2.2   Production Value by Geography

14.2.3   Consumption Value by Geography

14.2.4   Market Snapshot & Growth Engine by Production Value

14.2.5   Market Snapshot & Growth Engine by Consumption Value

14.3      Bending & Forming Machines

14.3.1   Market Size & Forecast (Production Value & Consumption Value)

14.3.2   Production Value by Geography

14.3.3   Consumption Value by Geography

14.4      Pressing

14.4.1   Market Size & Forecast (Production Value & Consumption Value)

14.4.2   Production Value by Geography

14.4.3   Consumption Value by Geography

14.5      Punching & Shearing Machines

14.5.1   Market Size & Forecast (Production Value & Consumption Value)

14.5.2   Production Value by Geography

14.5.3   Consumption Value by Geography

14.6      Other Metal Forming Tools

14.6.1   Market Size & Forecast (Production Value & Consumption Value)

14.6.2   Production Value by Geography

14.6.3   Consumption Value by Geography

 

15         Technology

15.1      Market Snapshot & Growth Engine By Consumption Value

15.2      Market Overview

15.3      CNC

15.3.1   Market Size & Forecast by Consumption Value

15.4      Metal Cutting CNC Machines

15.4.1   Market Size & Forecast by Consumption Value

15.5      Metal Forming CNC Machines

15.5.1   Market Size & Forecast by Consumption Value

15.6      NON-CNC

15.6.1   Market Size & Forecast by Consumption Value

15.7      Metal Cutting Non-CNC Machines

15.7.1   Market Size & Forecast by Consumption Value

15.8      Metal Forming Non-CNC Machines

15.8.1   Market Size & Forecast by Consumption Value

 

16         End-User

16.1      Market Snapshot & Growth Engine By Consumption Value

16.2      Market Overview

16.3      Automotive

16.3.1   Market Size & Forecast by Consumption Value

16.3.2   Consumption Value by Geography

16.4      Industrial Machinery

16.4.1   Market Size & Forecast by Consumption Value

16.4.2   Consumption Value by Geography

16.5      Metal Industry

16.5.1   Market Size & Forecast By Consumption Value

16.5.2   Consumption Value By Geography

16.6      Medical Industry

16.6.1   Market Size & Forecast by Consumption Value

16.6.2   Consumption Value by Geography

16.7      Electrical & Electronics

16.7.1   Market Size & Forecast by Consumption Value

16.7.2   Consumption Value by Geography

16.8      Heavy Equipment

16.8.1   Market Size & Forecast By Consumption Value

16.8.2   Consumption Value By Geography

16.9      Aerospace & Defense

16.9.1   Market Size & Forecast by Consumption Value

16.9.2   Consumption Value by Geography

16.10    Marine & Offshoring

16.10.1 Market Size & Forecast by Consumption Value

16.10.2 Consumption Value by Geography

16.11    Others

16.11.1 Market Size & Forecast by Consumption Value

16.11.2 Consumption Value by Geography

 

17         Geography

17.1      Market Snapshot & Growth Engine By Production Value

17.2      Market Snapshot & Growth Engine By Consumption Value

17.3      Geographic Overview

 

18         APAC

18.1      Market Size & Forecast

18.1.1   Production Value & Consumption Value

18.2      Tool Type

18.2.1   Market Size & Forecast (Production Value & Consumption Value)

18.3      Metal Cutting

18.3.1   Market Size & Forecast (Production Value & Consumption Value)

18.4      Metal Forming

18.4.1   Market Size & Forecast (Production Value & Consumption Value)

18.5      End User

18.5.1   Market Size & Forecast by Consumption Value

18.6      Key Countries

18.6.1   Market Snapshot & Growth Engine by Consumption Value

18.6.2   Market Snapshot & Growth Engine by Production Value

18.7      China

18.7.1   Market Size & Forecast (Production Value & Consumption Value)

18.8      Japan

18.8.1   Market Size & Forecast (Production Value & Consumption Value)

18.9      South Korea

18.9.1   Market Size & Forecast (Production Value & Consumption Value)

18.10    INDIA

18.10.1 Market Size & Forecast (Production Value & Consumption Value)

 

19         Europe

19.1      Market Size & Forecast

19.1.1   Production Value & Consumption Value

19.2      Tool Type

19.2.1   Market Size & Forecast (Production Value & Consumption Value)

19.3      Metal Cutting Tools

19.3.1   Market Size & Forecast (Production Value & Consumption Value)

19.4      Metal Forming Tools

19.4.1   Market Size & Forecast (Production Value & Consumption Value)

19.5      End User

19.5.1   Market Size & Forecast By Consumption Value

19.6      Key Countries

19.6.1   Market Snapshot & Growth Engine by Consumption Value

19.6.2   Market Snapshot & Growth Engine by Production Value

19.7      Germany

19.7.1   Market Size & Forecast (Production Value & Consumption Value)

19.8      Italy

19.8.1   Market Size & Forecast (Production Value & Consumption Value)

19.9      Switzerland

19.9.1   Market Size & Forecast (Production Value & Consumption Value)

19.10    France

19.10.1 Market Size & Forecast (Production Value & Consumption Value)

19.11    Spain

19.11.1 Market Size & Forecast (Production Value & Consumption Value)

19.12    UK

19.12.1 Market Size & Forecast (Production Value & Consumption Value)

 

20         North America

20.1      Market Size & Forecast

20.1.1   Production Value & Consumption Value

20.2      Tool Type

20.2.1   Market Size & Forecast (Production Value & Consumption Value)

20.3      Metal Cutting Tools

20.3.1   Market Size & Forecast (Production Value & Consumption Value)

20.4      Metal Forming Tools

20.4.1   Market Size & Forecast (Production Value & Consumption Value)

20.5      End User

20.5.1   Market Size & Forecast By Consumption Value

20.6      Key Countries

20.6.1   Market Snapshot & Growth Engine by Consumption Value

20.6.2   Market Snapshot & Growth Engine by Production Value

20.7      US

20.7.1   Market Size & Forecast (Production Value & Consumption Value)

20.8      Canada

20.8.1   Market Size & Forecast (Production Value & Consumption Value)

 

21         Latin America

21.1      Market Size & Forecast

21.1.1   Production Value & Consumption Value

21.2      Tool Type

21.2.1   Market Size & Forecast (Production Value & Consumption Value)

21.3      Metal Cutting Tools

21.3.1   Market Size & Forecast (Production Value & Consumption Value)

21.4      Metal Forming Tools

21.4.1   Market Size & Forecast (Production Value & Consumption Value)

21.5      End User

21.5.1   Market Size & Forecast by Consumption Value

21.6      Key Countries

21.6.1   Market Snapshot & Growth Engine By Consumption Value

21.6.2   Market Snapshot & Growth Engine By Production Value

21.7      Brazil

21.7.1   Market Size & Forecast (Production Value & Consumption Value)

21.8      Mexico

21.8.1   Market Size & Forecast (Production Value & Consumption Value)

21.9      Rest of Latin America

21.9.1   Market Size & Forecast (Production Value & Consumption Value)

 

22         Middle East and Africa

22.1      Market Size & Forecast

22.1.1   Production Value & Consumption Value

22.2      Tool Type

22.2.1   Market Size & Forecast (Production Value & Consumption Value)

22.3      Metal Cutting Tools

22.3.1   Market Size & Forecast (Production Value & Consumption Value)

22.4      Metal Forming Tools

22.4.1   Market Size & Forecast (Production Value & Consumption Value)

22.5      End User

22.5.1   Market Size & Forecast by Consumption Value

22.6      Key Countries

22.6.1   Market Snapshot & Growth Engine by Consumption Value

22.6.2   Market Snapshot & Growth Engine by Production Value

22.7      Saudi Arabia

22.7.1   Market Size & Forecast (Production Value & Consumption Value)

22.8      South Africa

22.8.1   Market Size & Forecast (Production Value & Consumption Value)

22.9      Rest Of Middle East & Africa

22.9.1   Market Size & Forecast (Production Value & Consumption Value)

 

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