Los Angeles, CA -- (SBWire) -- 01/08/2019 --This study focuses on the production side and consumption side of Machine Tools, presents the global Machine Tools market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Machine Tools capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Machine Tools by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Machine Tool is able to complete the turning, milling, planing, shearing, bending, boring, grinding, stamping, machining and drilling and other machining function.
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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.
The Machine Tools market was valued at 69200 Million US$ in 2017 and is projected to reach 62700 Million US$ by 2025, at a CAGR of -1.2% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Machine Tools.
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This report includes the following manufacturers; we can also add the other companies as you want.
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
Market Segment by Product Type
Machining Centers
Turning Machines
Grinding Machines
Electrical Discharge Machines
Others
Market Segment by Application
Machinery Manufacturing
Automobile
Aerospace & Defense
Others
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Global Machine Tools Market to Register Sluggish CAGR of -1.2% Between 2017 and 2024 – QY Research
The Machine Tools market was valued at 69200 Million US$ in 2017 and is projected to reach 62700 Million US$ by 2025, at a CAGR of -1.2% during the forecast period.