Machine Tools Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2020 to 2030

Published on : Apr-2020 | List of Tables : 72 | List of Figures : 92 | No. of Pages : 170 | Report Code : FACT4348MR |

Machine Tools Market Poised to Grow 1.4X Through 2030

The global market for machine tools is estimated to witness slow growth over the next couple of years attributed to COVID-19 pandemic. The COVID-19 pandemic has had a swift and severe impact on the global machine tools market with significant disruption in imports from China. Riding on the back of the aforementioned trends, Fact.MR’s report estimates that global machine tools market will expand by 1.4X in terms of value and will grow at a CAGR of ~3.3% during the forecast period (2020-2030).

Automotive & Transportation Segment to Remain Key End User, Electrical & Electronics Catching Up

The COVID-19 outbreak has exposed several challenges for the automotive sector. For Instance, China witnessed a significant drop in production as compared to previous year. Production shortfalls resulting from supply chain disruptions in China are foreseen to impact global automakers which will directly impede sales of machine tools in the global market.

The global machine tools market is estimated to create an absolute $ opportunity worth US$ 26 Bn by the end of the 2030. Among all end use applications, the automotive and transportation segment is estimated to account for nearly 1/3rd of the overall value opportunity created across the forecast duration. On the other hand Electrical & Electronics segment is foreseen to grow 1.8X faster as compared to machinery segment by 2030.

East Asia to Remain Frontrunner in Machine Tools Market

East Asia is estimated to hold 2/5th of the overall market value followed by Europe. Growth in industrialization coupled with high automotive demand after the recovery from COVID-19 pandemic is foreseen to create a surge in consumption for machine tools. Optimistic industrial growth has been witnessed in emerging Asian countries such as China, India, and Indonesia among others.

This will pave way for significant opportunities for the machine tools manufactures in the Asia Pacific region. Furthermore, China manufactures machine tools at a low cost as compared to the U.S., Germany and Japan. Therefore a significant number of customers are poised to import machine tools from China. Collectively, East and South Asia are projected to account for 3/5th of the overall absolute dollar opportunity created through 2030.

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New Product Launches: Key Growth Influencers in Machine Tools Market

The global market for machine tools is highly fragmented with the presence of a large number of local and regional players. The industry players are focusing on launching new products as per the dynamic industry needs as a key strategy to strengthen their market footprint and better serve the needs of consumers. For instance,

  • In 2020, Doosan Machine Tools came up with MP 6500 series product with a high precision vertical machining center for mold machining. This machine features enhanced stability and spindle rigidity to boost user convenience and improved quality
  • In 2020, Doosan Machine Tools introduced a new large-sized horizontal turning center. The newly developed product provides machining functions ranging from 2-Axis up to Y-axis machining which are suitable for machining large workpieces
  • In 2019, Makino Milling Machine Co., Ltd. has introduced a new Wire EDM machine - U 6 H.E.A.T. Extreme. The new wire coated technology increases rough machining rates up to 300% without increasing manufacturing costs

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Impact of COVID-19 on Global Machine Tools Market

The novel COVID-19 pandemic has hit almost every region of the world. The pandemic has caused a severe impact to the machine tools imports & exports in many leading countries. At the same time prominent manufactures are determining different ways to deal with the possible supply chain disruption in the global machine tools market. The exogenous shock by this global pandemic is foreseen to amplify the existing downshift in the machine tool demand. As per the recent report published by Fact.MR, under the optimistic scenario, the global machine tools demand is estimated to undergo significant recovery by end of the second quarter. Furthermore, under the pessimistic scenario the global machine tool market demand curve is foreseen to witness a dip by the end of 2020 and foreseen to stabilize in next couple of years.

Global Machine Tools Market - Scope of the Report

Fact.MR recently published a market study on the global market for Machine Tools. The study provides a detailed assessment on the key market dynamics, including drivers, trends, opportunities, restraints, and detailed information about the machine tools market structure. The market study presents exclusive information about how the Machine Tools market will grow during the forecast period of 2020-2030.

Key indicators of market growth, which include Year-on-Year (Y-o-Y) growth of the market, value chain, supply chain analysis, and Compounded Annual Growth Rate (CAGR) are explained in Fact. MR’s study in a comprehensive manner. This information can help readers understand the quantitative growth prospects of the machine tools market in the forecast period.

The study is relevant for stakeholders in the machine tools market, including manufacturers, suppliers, distributors, and investors, and can help them in developing appropriate strategies to grow in the market. Stakeholders in the machine tools market, investors, industry experts, researchers, and journalists, as well as business researchers can leverage the information and data presented in the Fact.MR study.

The study also includes statistics as well as facts related to macro as well as microeconomic factors that are impacting developments in the machine tools market. It also offers actionable insights based on future trends in the machine tools market. Furthermore, small businesses and new entrants in the machine tools market too can make use of the information presented in this study, based on which, they can make appropriate business decisions in order to gain momentum in the market.

Key Segments of the Machine Tools Market

Fact.MR’s study on the Machine Tools market offers information divided into three key segments— product type, end use, and region. This report offers comprehensive data and information about important market dynamics and growth parameters associated with these categories.

Product Type

End-Use

Region

Metal Cutting

Automotive & Transportation

North America

 Machining Centres & Related

Electrical & Electronics

Latin America 

 Laser, EDM, & Related

Machinery

Europe

 Lathes

General Manufacturing & Others

East Asia

 Other Metal Cutting

 

South Asia

Metal Forming

 

MEA

 Presses

 

 

 Punching & Shearing Machines

 

 

 Bending & Forming Machine

 

 

 Other Metal Forming

 

 

Key Questions Answered in Fact.MR’s Machine Tools Market Report

  • Which regions will continue to remain the most profitable regional markets for machine tools market players?
  • Which factors will induce a change in the demand for machine tools during the assessment period?
  • How will changing trends impact the machine tools market?
  • How can market players capture the low-hanging opportunities in the machine tools market in developed regions?
  • Which companies are leading the machine tools market?
  • What are the winning strategies of stakeholders in the machine tools market to upscale their position in this landscape?

Machine Tools Market: Research Methodology

In Fact.MR’s study, a unique research methodology is utilized to conduct extensive research on the growth of the machine tools market, and reach conclusions on future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of conclusions.

Secondary resources referred to analysts during the preparation of the machine tools market study include statistics from governmental organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, who have contributed to the development of this report as a primary resource.

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Global Machine Tools  Market – Regional Overview

    1.3. Global Machine Tools  Market – Opportunity Assessment

    1.4. Analysis and Recommendations by Fact.MR

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Risks & Trends Assessment

    3.1. Impact of COVID-19 Crisis on Automotive Sector

    3.2. Impact of COVID-19 Crisis on Machine Tools Production and Demand

    3.3. Impact of COVID-19 Crisis on Machine Tools Prices

    3.4. Impact of COVID-19 Crisis on Machine Tools Global Imports and Exports

    3.5. Opportunities for Machine Tools Chemicals Due To Increased Product Usage

    3.6. COVID-19 Impact Benchmark with Previous Crisis  

        3.6.1. Change in Machine Tools Consumption Growth

        3.6.2. Before and After COVID-19 Crisis (Projected)

        3.6.3. Before and after SARS Pandemic (Actual)

        3.6.4. Before and After Sub-prime Crisis – 2008 (Actual)

        3.6.5. Change in Demand post Recovery Period (After Each Crisis)

    3.7. Impact on Market Value (US$ Mn)

        3.7.1. Likely Loss of Value in 2020

        3.7.2. Mid-term and Long Term Forecast

        3.7.3. Quarter by Quarter Dip and Recovery Assessment 

    3.8. Anticipated Demand and Value Recovery Curve

        3.8.1. Likelihood of U-Shape Recovery

        3.8.2. Likelihood of L-Shape Recovery

    3.9. Recovery Period Assessment by Key Countries

    3.10. Recovery Assessment by Key Market Segments

    3.11. Action Points and Recommendation for Manufacturers and Suppliers

4. Key Market Trends

    4.1. Key Trends Impacting the Market

    4.2. Product Innovation / Development Trends

5. Market Background

    5.1. Global Automotive Sector Outlook

    5.2. Global Oil & Gas Sector Outlook

    5.3. Global Construction Outlook by Country

    5.4. Recent Development in Global Machine Tools Market 

    5.5. Macro-Economic Factors

    5.6. Forecast Factors - Relevance & Impact

    5.7. Value Chain

    5.8. Market Dynamics

        5.8.1. Market Driving Factors and Impact Assessment

        5.8.2. Prominent Market Challenges and Impact Assessment

        5.8.3. Machine Tools Market Opportunities

        5.8.4. Prominent Trends in the Global Market & Their Impact Assessment

6. Global Machine Tools Market – Price Point Analysis by Product Type

7. Global Machine Tools Market Demand Analysis 2015-2019 and Forecast, 2020-2030

    7.1. Historical Market Volume (Units) Analysis, 2015-2019

    7.2. Current and Future Market Volume (Units) Projections, 2020-2030

        7.2.1. Y-o-Y Growth Trend Analysis

        7.2.2. Absolute $ Opportunity Analysis

8. Global Machine Tools Market Demand (in Value or Size in US$ Mn) Analysis 2015-2019 and Forecast, 2020-2030

    8.1. Historical Market Value (US$ Mn) Analysis, 2015-2019

    8.2. Current and Future Market Value (US$ Mn) Projections, 2020-2030

        8.2.1. Y-o-Y Growth Trend Analysis

        8.2.2. Absolute $ Opportunity Analysis

9. Global Machine Tools Market Analysis 2015-2019 and Forecast 2020-2030, By Product

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Mn) and Volume Analysis By Product, 2015-2019 

    9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Product, 2020-2030

        9.3.1. Metal Cutting

            9.3.1.1. Machining Centres & Related 

            9.3.1.2.  Laser, EDM, & Related 

            9.3.1.3.  Lathes 

            9.3.1.4.  Other Metal Cutting

        9.3.2. Metal Forming

            9.3.2.1. Presses 

            9.3.2.2.  Punching & Shearing Machines 

            9.3.2.3.  Bending & Forming Machine 

            9.3.2.4.  Other Metal Forming

    9.4. Market Attractiveness Analysis By Product

10. Global Machine Tools Market Analysis 2015-2019 and Forecast 2020-2030, by End Use 

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ Mn) and Volume Analysis By End Use, 2015-2019

    10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By End Use 2020-2030

        10.3.1. Automotive & Transportation 

        10.3.2. Electrical & Electronics 

        10.3.3. Machinery 

        10.3.4. General Manufacturing and Others

    10.4. Market Attractiveness Analysis By End Use

11. Global Machine Tools Market Analysis 2015-2019 and Forecast 2020-2030, by Region

    11.1. Introduction

    11.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2015-2019

    11.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2020-2030

        11.3.1. North America

        11.3.2. Latin America

        11.3.3. Europe

        11.3.4. East Asia

        11.3.5. South Asia 

        11.3.6. Middle East and Africa 

    11.4. Market Attractiveness Analysis By Region

12. North America Machine Tools Market Analysis 2015-2019 and Forecast 2020-2030

    12.1. Introduction

    12.2. Pricing Analysis

    12.3. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis By Market Taxonomy, 2015-2019

    12.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020-2030

        12.4.1.  By Country

            12.4.1.1. U.S.

            12.4.1.2. Canada

        12.4.2. By Product

        12.4.3. By End Use

    12.5. Market Attractiveness Analysis

        12.5.1. By Country

        12.5.2. By Product

        12.5.3. By End Use

13. Latin America Machine Tools Market Analysis 2015-2019 and Forecast 2020-2030

    13.1. Introduction

    13.2. Pricing Analysis

    13.3. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis By Market Taxonomy, 2015-2019

    13.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020-2030

        13.4.1.  By Country

            13.4.1.1. Brazil

            13.4.1.2. Mexico

            13.4.1.3. Rest of Latin America

        13.4.2. By Product

        13.4.3. By End Use

    13.5. Market Attractiveness Analysis

        13.5.1. By Country

        13.5.2. By Product

        13.5.3. By End Use

14. Europe Machine Tools Market Analysis 2015-2019 and Forecast 2020-2030

    14.1. Introduction

    14.2. Pricing Analysis

    14.3. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis By Market Taxonomy, 2015-2019

    14.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020-2030

        14.4.1.  By Country

            14.4.1.1.  Germany 

            14.4.1.2.  Italy 

            14.4.1.3.  France 

            14.4.1.4.  UK 

            14.4.1.5.  Spain 

            14.4.1.6.  BENELUX 

            14.4.1.7.  Russia 

            14.4.1.8.  Rest of Europe  

        14.4.2. By Product

        14.4.3. By End Use

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Product

        14.5.3. By End Use

15. East Asia Machine Tools Market Analysis 2015-2019 and Forecast 2020-2030

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis By Market Taxonomy, 2015-2019

    15.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020-2030

        15.4.1.  By Country

            15.4.1.1. China

            15.4.1.2. Japan

            15.4.1.3. South Korea

        15.4.2. By Product

        15.4.3. By End Use

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Product

        15.5.3. By End Use

16. South Asia Machine Tools Market Analysis 2015-2019 and Forecast 2020-2030

    16.1. Introduction

    16.2. Pricing Analysis

    16.3. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis By Market Taxonomy, 2015-2019

    16.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020-2030

        16.4.1. By Country

            16.4.1.1. India

            16.4.1.2. Thailand

            16.4.1.3. Indonesia

            16.4.1.4. Malaysia

            16.4.1.5. Rest of South Asia

        16.4.2. By Product

        16.4.3. By End Use

    16.5. Market Attractiveness Analysis

        16.5.1. By Country

        16.5.2. By Product

        16.5.3. By End Use

17. Middle East & Africa Machine Tools Market Analysis 2015-2019 and Forecast 2020-2030

    17.1. Introduction

    17.2. Pricing Analysis

    17.3. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis By Market Taxonomy, 2015-2019

    17.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020-2030

        17.4.1.  By Country

            17.4.1.1. GCC Countries

            17.4.1.2. Turkey

            17.4.1.3. Northern Africa

            17.4.1.4. South Africa

            17.4.1.5. Rest of Middle East and Africa

        17.4.2. By Product

        17.4.3. By End Use

    17.5. Market Attractiveness Analysis

        17.5.1. By Country

        17.5.2. By Product

        17.5.3. By End Use

18. Machine Tools Market Analysis 2015-2019 and Forecast 2020-2030, Country Analysis

    18.1. Introduction

    18.2. U.S. Machine Tools Market

        18.2.1. Market Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            18.2.1.1. By Product

            18.2.1.2. By End Use

    18.3. Canada Machine Tools Market

        18.3.1. Market Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            18.3.1.1. By Product

            18.3.1.2. By End Use

    18.4. Mexico Machine Tools Market

        18.4.1. Market Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            18.4.1.1. By Product

            18.4.1.2. By End Use

    18.5. Brazil Machine Tools Market

        18.5.1. Market Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            18.5.1.1. By Product

            18.5.1.2. By End Use

    18.6. Germany Machine Tools Market

        18.6.1. Market Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            18.6.1.1. By Product

            18.6.1.2. By End Use

    18.7. Italy Machine Tools Market

        18.7.1. Market Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            18.7.1.1. By Product

            18.7.1.2. By End Use

    18.8. France Machine Tools Market

        18.8.1. Market Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            18.8.1.1. By Product

            18.8.1.2. By End Use

    18.9. U.K. Machine Tools Market

        18.9.1. Market Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            18.9.1.1. By Product

            18.9.1.2. By End Use

    18.10. Spain Machine Tools Market

        18.10.1. Market Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            18.10.1.1. By Product

            18.10.1.2. By End Use

    18.11. BENELUX `Machine Tools Market

        18.11.1. Market Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            18.11.1.1. By Product

            18.11.1.2. By End Use

    18.12. Russia Machine Tools Market

        18.12.1. Market Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            18.12.1.1. By Product

            18.12.1.2. By End Use

    18.13. China Machine Tools Market

        18.13.1. Market Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            18.13.1.1. By Product

            18.13.1.2. By End Use

    18.14. Japan Machine Tools Market

        18.14.1. Market Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            18.14.1.1. By Product

            18.14.1.2. By End Use

    18.15. South Korea `Machine Tools Market

        18.15.1. Market Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            18.15.1.1. By Product

            18.15.1.2. By End Use

    18.16. India Machine Tools Market

        18.16.1. Market Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            18.16.1.1. By Product

            18.16.1.2. By End Use

    18.17. GCC Countries `Machine Tools Market

        18.17.1. Market Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            18.17.1.1. By Product

            18.17.1.2. By End Use

    18.18. Turkey Machine Tools Market

        18.18.1. Market Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            18.18.1.1. By Product

            18.18.1.2. By End Use

    18.19. South Africa `Machine Tools Market

        18.19.1. Market Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            18.19.1.1. By Product

            18.19.1.2. By End Use

19. Market Structure Analysis

    19.1. Market Analysis by Tier of Companies (Machine Tools)

    19.2. Global Machine Tools Market Competition - a Dashboard View

    19.3. Global Machine Tools Market Company Share Analysis

20. Company Profiles

    20.1. DMG MORI CO., LTD

        20.1.1. Company Overview

        20.1.2. Business overview

        20.1.3. SWOT Analysis

        20.1.4. Key Developments

    20.2. Amada Holdings Co., Ltd

        20.2.1. Company Overview

        20.2.2. Business overview

        20.2.3. SWOT Analysis

        20.2.4. Key Developments

    20.3. AIDA ENGINEERING, LTD.

        20.3.1. Company Overview

        20.3.2. Business overview

        20.3.3. SWOT Analysis

        20.3.4. Key Developments

    20.4. Schuler Group

        20.4.1. Company Overview

        20.4.2. Business overview

        20.4.3. SWOT Analysis

        20.4.4. Key Developments

    20.5. JTEKT Corporation

        20.5.1. Company Overview

        20.5.2. Business overview

        20.5.3. SWOT Analysis

        20.5.4. Key Developments

    20.6. Okuma Corporation

        20.6.1. Company Overview

        20.6.2. Business overview

        20.6.3. SWOT Analysis

        20.6.4. Key Developments

    20.7. Makino Milling Machine Co., Ltd

        20.7.1. Company Overview

        20.7.2. Business overview

        20.7.3. SWOT Analysis

        20.7.4. Key Developments

    20.8. Hyundai Wia Corporation

        20.8.1. Company Overview

        20.8.2. Business overview

        20.8.3. SWOT Analysis

        20.8.4. Key Developments

    20.9. Komatsu Limited

        20.9.1. Company Overview

        20.9.2. Business overview

        20.9.3. SWOT Analysis

        20.9.4. Key Developments

    20.10. TRUMPF Group

        20.10.1. Company Overview

        20.10.2. Business overview

        20.10.3. SWOT Analysis

        20.10.4. Key Developments

    20.11. GROB-WERKE GmBH & Co. KG

        20.11.1. Company Overview

        20.11.2. Business overview

        20.11.3. SWOT Analysis

        20.11.4. Key Developments

    20.12. Doosan Machine Tools

        20.12.1. Company Overview

        20.12.2. Business overview

        20.12.3. SWOT Analysis

        20.12.4. Key Developments

    20.13. Gleason Corporation

        20.13.1. Company Overview

        20.13.2. Business overview

        20.13.3. SWOT Analysis

        20.13.4. Key Developments

    20.14. Yamazaki Mazak Corporation

        20.14.1. Company Overview

        20.14.2. Business overview

        20.14.3. SWOT Analysis

        20.14.4. Key Developments

    20.15. Chiron-Werke GmBH & Co. KG

        20.15.1. Company Overview

        20.15.2. Business overview

        20.15.3. SWOT Analysis

        20.15.4. Key Developments

    20.16. Haas Automation, Inc

        20.16.1. Company Overview

        20.16.2. Business overview

        20.16.3. SWOT Analysis

        20.16.4. Key Developments

    20.17. United Grinding Group

        20.17.1. Company Overview

        20.17.2. Business overview

        20.17.3. SWOT Analysis

        20.17.4. Key Developments

    20.18. Dalian Machine Tool Group

        20.18.1. Company Overview

        20.18.2. Business overview

        20.18.3. SWOT Analysis

        20.18.4. Key Developments

    20.19. Shenyang Machine Tool Co., Ltd

        20.19.1. Company Overview

        20.19.2. Business overview

        20.19.3. SWOT Analysis

        20.19.4. Key Developments

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Machine Tools Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2020 to 2030