Global Machine Tools Market Size is estimated to expand rapidly in coming years, at a CAGR of 3.25 % from 2018 to 2025. In 2017, the global market valuation was USD 77.5 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. One of the main drivers of market growth has been recognized as large-scale industrial automation. Due to the growing capitalism, the production method has experienced an improvement in performance and effectiveness. This resulted in the implementation, in several machine tools used in the manufacturing sector, of automatic techniques. Due to its different benefits such as growing productivity, which also supports the development of the enterprise, the automated manufacturing method is more accepted.

Moreover, the increasing production and technological progress in computer equipment, such as multi-axis and robot arm, are among the main drivers of the auto equipment industry's development worldwide. Regionally, Asia Pacific region is expected to be the highest growing region in the global market of machine tools.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global machine tools market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global machine tools market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Product Type Insights: On the basis of product type, global machine tools market has been segmented into milling machines, drilling machines, grinding machines, electrical discharge machines. In many sectors, milling machines are mainly used in the method of metal cutting. The successful growth of metal processing sectors throughout the world has caused the requirement for the friction devices. Milling machines are extremely flexible and can execute a number of tasks, including filling, rotating, chamfering, boiling, removal of gears, etc. Multiple cutters can also be used for these devices. These benefits render the milling machines suitable for the car, aviation and defense sectors and for the rail sector.

By Automation Type Insights: On the basis of automation type, global machine tools market has been segmented into CNC machine tools, conventional machine tools. The section of CNC machinery maintains the biggest market share of the tooling business and will continue to expand in the future owing to the growing productivity gains and product innovations requests by manufacturing firms. In the production industry the supply for the progressively advanced CNC devices increased rapidly. Machine tool automation contributes to improved production, time-saving and human error removal. The newly-developed CAD / CAM CNC devices are small in volume and can be fitted with multi-axis machining technology and complete with a single device.

Regional Analysis

The machine tools market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players.

From the geographical point of view, Asia Pacific is one of the highest growing regions in the global market of machine tools. This growth in the region is ascribed due to the increasing number of metal cutting industries in the region. APAC region is considered as an important region in the manufacturing and automation market and is home for leading machine tools manufacturers. China is leading player in APAC owing to the increasing growth and demand in automotive, oil & gas industry, and railways.

Global Machine Tools Market Size, Share Analysis by Region 2017

Global Machine Tools Market Study Objective

1. To forecast the market size of machine tools market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of machine tools market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate on significant factors that will have a major impact on the growth of machine tools market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of machine tools market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the machine tools market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Doosan Machine Tools Co. Ltd., AMADA Pvt. Ltd., Makino, JTKET Corporation, Georg Fischer Ltd., Komatsu NTC Ltd., OKUMA Corporation, Hyundai WIA, Schuler AG, Chiron Group SE are some of the key players in the market of machine tools.

Global Machine Tools Market Study Report Offer You!

The global machine tools market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.