Global Machine Tools Market (2020-2026)

Market Forecast by Sales Channel (events & exhibitions and dealers & distributors), by Industry Segments (automotive and transportation, sheet metals, capital goods and energy), by Product Type (milling machines, grinding machines, drilling machines, turning machines and electrical discharge machines), By Automation Type (CNC Machine Tools and conventional Machine Tools), By Regions (Asia Pacific, Europe, Middle East, Africa and North America) and Competitive Landscape

Product Code: ETC054724 Publication Date: Apr 2021 Product Type: Report
Publisher: 6Wresearch No. of Pages: 300 No. of Figures: 90 No. of Tables: 30

Global Machine Tools market is expected to register growth over the coming years. The major aspects like increasing shipments of smartphones, accelerating industrialization, rapid urbanization, increasing electric vehicle deployment and improving consumer confidence are anticipated to drive the market growth. Additionally, the increasing demand for CNC machines and the growing adoption of integrated digital solutions in Machine Tools are aspects expected to fuel the growth of the market.  CNC machines are preferred over conventional Machine Tools as they fuel the efficiency of production and minimize the cost of manufacturing by performing multiple operations in a short cycle time. However, the growth of the industry is expected to be challenged by stiff competition, high maintenance cost, and a US-China trade war. The outbreak of the COVID-19 has exposed various challenges for the automotive sector. For Instance, China witnessed a significant drop in production as compared to the previous year. This drop-in production directly affected the sales of this sector.

According to 6Wresearch, Global Machine Tools Market is anticipated to witness substantial growth during 2020-2026. Milling machines are anticipated to generate the largest sales revenue as the extension of metalworking process industries worldwide has boosted the demand for milling machines. These machines can also perform numerous cuts using various cutters. CNC Machine Tools are also expected to dominate the market globally. Growth in the manufacturing sector has led to a rapid increase in demand specifically for CNC machines. Automation of Machine Tools leads to time-saving, enhanced productivity, and elimination of human errors.

Based on the industry segment, the Automotive and Transportation segment is expected to lead the market in terms of Machine Tools consumption as the automotive industry is adopting the integration of technologies such as AI, IoT, robotics, etc., which will serve the demands of the end-users and the efforts to upgrade engine technologies to meet the fuel efficiency mandates. This is expected to further add to the re-tooling of the existing machining solutions. The development in various vehicle segments across the globe is likely to drive the demand for Machine Tools. The Asia Pacific is projected to lead Global Machine Tools market on account of the growth in the number of metal cutting process industries all over the region. The region is home to most of the dominating Machine Tools manufacturers and is expected to lead the market. China is one of the key consumers of Machine Tools and is also driving the market in the region. The prominent players of Global Machine Tools market are AMADA Pvt. Ltd. (Japan), Co. Ltd. (Japan), JTKET Corporation (Japan), Makino (Japan), Komatsu NTC Ltd. (Japan), OKUMA Corporation (Japan), Georg Fischer Ltd. (Switzerland), and Hyundai WIA (South Korea).

Global Machine Tools market report thoroughly covers the market by product type, automation type, Industry segment, sales channel and regions including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa, and key countries. Global Machine Tools market outlook report provides an unbiased and detailed analysis of the on-going Global Machine Tools market growth factors, trends and high growth areas which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights

  • Global Machine Tools Market Outlook
  • Global Machine Tools Market Overview
  • Global Machine Tools Market Forecast
  • Historical Data for the period 2016-2019 and Market Forecast of Global Machine Tools Market Revenues until 2026
  • Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Sales Channels
  • Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Product Type
  • Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Industry Segment
  • Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Automation Type
  • Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Regions
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for Europe Machine Tools Market
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for Africa Machine Tools Market
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for Middle East Machine Tools Market
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for Asia Pacific Machine Tools Market
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for North America Machine Tools Market
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for Latin America Machine Tools Market
  • Market Drivers and Restraints
  • Global Machine Tools Market Trends
  • Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Global Machine Tools Market Share, By Players
  • Competitive Benchmarking

Markets Covered

The report provides a detailed analysis of the following market segments:

  • By Sales Channel:
    • Events and Exhibitions
    • Dealers and Distributors
  • By Industry Segment:
    • Automotive and Transportation
    • Sheet Metals
    • Capital Goods
    • Energy
  • By Product Type:
    • Milling Machines
    • Drilling Machines
    • Turning Machines
    • Grinding Machines
    • Electrical Discharge Machines
  • By Automation Type:
    • CNC Machine Tools
    • Conventional Machine Tools
  • By Regions:
    • Asia Pacific
    • Europe
    • Middle East
    • Africa
    • North America
    • Latin America

1. Executive Summary

2. Introduction

2.1. Key Highlights of the Report

2.2. Report Description

2.3. Market Scope & Segmentation

2.4. Research Methodology

2.5. Assumptions

3. Global Machine Tools Market Overview

3.1. Global Country Macro Economic Indicators

3.2. Global Machine Tools Market Revenue, 2019 & 2026F

3.3. Global Machine Tools Market - Industry Life Cycle

3.4. Global Machine Tools Market - Porter's Five Forces

3.5. Global Machine Tools Market Revenue Share, By Industry Segment, 2019 & 2026F

3.6. Global Machine Tools Market Revenue Share, By Product Type, 2019 & 2026F

3.6. Global Machine Tools Market Revenue Share, By Sales Channel, 2019 & 2026F

3.6. Global Machine Tools Market Revenue Share, By Automation Type, 2019 & 2026F

3.6. Global Machine Tools Market Revenue Share, By Regions, 2019 & 2026F

4. Global Machine Tools Market Dynamics

4.1. Impact Analysis

4.2. Market Drivers

4.3. Market Restraints

5. Global Machine Tools Market Trends

6. Global Machine Tools Market, By Industry Segment

6.1. Global Machine Tools Market, By Industry Segment

6.1.1. Overview and Analysis

6.1.2. Global Machine Tools Market Revenue, By Milling Machines & Transportation, 2016 - 2026F

6.1.3. Global Machine Tools Market Revenue, By Sheet Metals, 2016 - 2026F

6.1.4. Global Machine Tools Market Revenue, By Capital Goods, 2016 - 2026F

6.1.5. Global Machine Tools Market Revenue, By Energy, 2016 - 2026F

7. Global Machine Tools Market, By Product Type

7.1. Global Machine Tools Market, By Product Type

7.1.1. Overview and Analysis

7.1.2. Global Machine Tools Market Revenue, By Milling Machines, 2016 - 2026F

7.1.3. Global Machine Tools Market Revenue, By Drilling Machines, 2016 - 2026F

7.1.4. Global Machine Tools Market Revenue, By Turning Machines, 2016 - 2026F

7.1.5. Global Machine Tools Market Revenue, By Grinding Machines, 2016 - 2026F

7.1.6. Global Machine Tools Market Revenue, By Electrical Discharge Machines, 2016 - 2026F

8. Global Machine Tools Market, By Automation Type

8.1. Global Machine Tools Market, By Automation Type

8.1.1. Overview and Analysis

8.1.2. Global Machine Tools Market Revenue, By CNC Machine Tools, 2016 - 2026F

8.1.3. Global Machine Tools Market Revenue, By Conventional Machine Tools, 2016 - 2026F

9. Global Machine Tools Market, By Sales Channel

9.1. Global Machine Tools Market, By Sales Channel

9.1.1. Overview and Analysis

9.1.2. Global Machine Tools Market Revenue, By Events and Exhibitions, 2016 - 2026F

9.1.3. Global Machine Tools Market Revenue, By Dealers and Distributors, 2016 - 2026F

10. Europe Machine Tools Market

10.1. Europe Machine Tools Market, By Industry Segment

10.2. Europe Machine Tools Market, By Product Type

10.3. Europe Machine Tools Market, By Automation Type

10.4. Europe Machine Tools Market, By Sales Channel

10.5. Europe Machine Tools Market, By Countries

11. Asia Pacific Machine Tools Market

11.1. Asia Pacific Machine Tools Market, By Industry Segment

11.2. Asia Pacific Machine Tools Market, By Product Type

11.3. Asia Pacific Machine Tools Market, By Automation Type

11.4. Asia Pacific Machine Tools Market, By Sales Channel

11.5. Asia Pacific Machine Tools Market, By Countries

12. North America Machine Tools Market

12.1. North America Machine Tools Market, By Industry Segment

12.2. North America Machine Tools Market, By Product Type

12.3. North America Machine Tools Market, By Automation Type

12.4. North America Machine Tools Market, By Sales Channel

12.5. North America Machine Tools Market, By Countries

13. Latin America Machine Tools Market

13.1. Latin America Machine Tools Market, By Industry Segment

13.2. Latin America Machine Tools Market, By Product Type

13.3. Latin America Machine Tools Market, By Automation Type

13.4. Latin America Machine Tools Market, By Sales Channel

13.5. Latin America Machine Tools Market, By Countries

14. Middle East Machine Tools Market

14.1. Middle East Machine Tools Market, By Industry Segment

14.2. Middle East Machine Tools Market, By Product Type

14.3. Middle East Machine Tools Market, By Automation Type

14.4. Middle East Machine Tools Market, By Sales Channel

14.5. Middle East Machine Tools Market, By Countries

15. Africa Machine Tools Market

15.1. Africa Machine Tools Market, By Industry Segment

15.2. Africa Machine Tools Market, By Product Type

15.3. Africa Machine Tools Market, By Automation Type

15.4. Africa Machine Tools Market, By Sales Channel

15.5. Africa Machine Tools Market, By Countries

16. Global Machine Tools Market Import-Export Trade Statistics

16.1. Global Machine Tools Market Export to Major Countries

16.2. Global Machine Tools Market Imports from Major Countries

17. Global Machine Tools Market Key Performance Indicators

18. Global Machine Tools Market - Opportunity Assessment

18.1. Global Machine Tools Market Opportunity Assessment, By Industry Segment, 2019 & 2026F

18.2. Global Machine Tools Market Opportunity Assessment, By Product Type, 2019 & 2026F

19. Global Machine Tools Market - Competitive Landscape

19.1. Global Machine Tools Market Revenue Share, By Companies, 2019

19.2. Global Machine Tools Market Competitive Benchmarking, By Operating and Technical Parameters

20. Company Profiles

21. Recommendations

22. Disclaimer

North America Machine Tools Market (2020-2026): Market Forecast By Sales Channel (Events & Exhibitions And Dealers & Distributors), By Industry Segments (Automotive And Transportation, Sheet Metals, Capital Goods And Energy), By Product Type (Milling Machines, Grinding Machines, Drilling Machines, Turning Machines And Electrical Discharge Machines), By Automation Type (CNC Machine Tools And Conventional Machine Tools), By Countries (United States, Canada) And Competitive Landscape

Latin America Machine Tools Market (2020-2026): Market Forecast By Sales Channel (Events & Exhibitions And Dealers & Distributors), By Industry Segments (Automotive And Transportation, Sheet Metals, Capital Goods And Energy), By Product Type (Milling Machines, Grinding Machines, Drilling Machines, Turning Machines And Electrical Discharge Machines), By Automation Type (CNC Machine Tools And Conventional Machine Tools), By Countries (Chile, Brazil, Mexico, Argentina And Rest Of Latin America) And Competitive Landscape

Europe Machine Tools Market (2020-2026): Market Forecast By Sales Channel (Events & Exhibitions And Dealers & Distributors), By Industry Segments (Automotive And Transportation, Sheet Metals, Capital Goods And Energy), By Product Type (Milling Machines, Grinding Machines, Drilling Machines, Turning Machines And Electrical Discharge Machines), By Automation Type (CNC Machine Tools And Conventional Machine Tools), By Countries (United Kingdom, Italy, France, Germany And Rest Of Asia Pacific) And Competitive Landscape

Asia Pacific (APAC) Machine Tools Market (2020-2026): Market Forecast By Sales Channel (Events & Exhibitions And Dealers & Distributors), By Industry Segments (Automotive And Transportation, Sheet Metals, Capital Goods And Energy), By Product Type (Milling Machines, Grinding Machines, Drilling Machines, Turning Machines And Electrical Discharge Machines), By Automation Type (CNC Machine Tools And Conventional Machine Tools), By Countries (India, China, Japan, South Korea And Rest Of Asia Pacific) And Competitive Landscape

Middle East Machine Tools Market (2020-2026): Market Forecast By Sales Channel (Events & Exhibitions And Dealers & Distributors), By Industry Segments (Automotive And Transportation, Sheet Metals, Capital Goods And Energy), By Product Type (Milling Machines, Grinding Machines, Drilling Machines And Electrical Discharge Machines), By Automation Type (CNC Machine Tools And Conventional Machine Tools), By Countries (UAE, Qatar, Bahrain, Saudi Arabia And Rest Of Middle East) And Competitive Landscape

Africa Machine Tools Market (2020-2026): Market Forecast By Sales Channel (Events & Exhibitions And Dealers & Distributors), By Industry Segments (Automotive And Transportation, Sheet Metals, Capital Goods And Energy), By Product Type (Milling Machines, Grinding Machines, Drilling Machines, Turning Machines And Electrical Discharge Machines), By Automation Type (CNC Machine Tools And Conventional Machine Tools), By Countries (South Africa, Kenya, Nigeria, Ghana And Rest Of Africa) And Competitive Landscape

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