The global Machine Tools market was valued at 724.37 Million USD in 2021 and will grow with a CAGR of .97% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Machine Tool is able to complete the turning, milling, planing, shearing, bending, boring, grinding, stamping, machining and drilling and other machining function. There are varieties of Machine Tools are used which include Metal Cutting Machine Tool, Metal Forming Machine Tool and other Machine Tools. The Metal Cutting Machine including: Lathe, Drilling Machine, Milling Machine, Boring Machine, Grinding Machine, Machining Center etc. The Metal Forming Machine Tool including: Pressure machine, Bending machine, Shearing device, Casting Machine, Punching Machine etc. In this report, we statistic the global total production and consumption of machine tools, otherwise, we also introduce the following Machine Tools in detail, which include Machining Centers, Turning Machines, Grinding Machines, Electrical Discharge Machines, etc. The top types of Machine Tools mainly include Machining Centers (41.7%), Turning Machines (33.9%), Grinding Machines (8.1%), Electrical Discharge Machines (3.4%), etc. The large demand from downstream is Machinery Manufacturing, Aerospace & Defense, Automobile industry and other industries. In the year from 2009-2012, with the economic recovery from global financial crisis, the Machine Tools industry have an explosive growth both in the production and consumption in the world. But it came to be different in 2013-2015, the global machine tool market began to go down, especially in China, the leading players began to loss, some small players closed, some foreign investors shut their Chinese Plant (e.g. DMG), the Chinese market goes worse in 2017, labor cost rising, energy cost rising, orders declining, industrial transformation, etc. makes the machine tool market to face a serious challenge. The revenue of leading players goes on dropping out, even bankruptcy arrives (e.g. DMTG). Global market shows a high concentration in the production of Machine Tools by countries, especially in the high-performance field. The core technology of high-performance is hold in several developed countries like Germany, Japan, US and so on. The emerging countries play an important role in the manufacturing of the low-end product series.

By Market Verdors:

Yamazaki Mazak

Trumpf

Komatsu

JTEKT

AMADA

Doosan Machine Tools

DMG MORI

Okuma

HYUNDAI WIA

Makino

Schuler

FFG/MAG

GF

Grob

Haas Automation

INDEX Group

Körber AG

Gleason

Brother Industries

CHIRON Group

Shenyang Group

DMTG

By Types:

Machining Centers

Turning Machines

Grinding Machines

Electrical Discharge Machines

By Applications:

Machinery Manufacturing

Automobile

Aerospace & Defense

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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