What is the size of the global machine tools market?

By 2027, the global machine tools market size is expected to grow from USD 119.2 billion in 2020 to USD 73.5 billion.

What is the machine tools market growth?

The global machine tools market is expected to advance at a compound annual growth rate of 8.4%.

Which tool-type segment dominated the global machine tools market?

In 2020, metal cutting accounted for the highest market share and has a market share of 72.1%.

Which region accounted for the largest machine tools market share?

The Asia Pacific dominated the machine tools market and accounted for the largest revenue share of over 40% in 2020.

Which region is the fastest growing region machine tools market?

Middle East & Africa is the fastest growing region, with a CAGR of 8.71%, during the forecast period, 2021-2027.

Who are the key players in the machine tools market?

The leading manufacturers of machine tools in the global market include Doosan Machine Tools Co. Ltd., AMADA Pvt. Ltd., JTKET Corporation, Makino, Georg Fischer Ltd., OKUMA Corporation, Hyundai WIA, Schuler AG, Komatsu NTC Ltd., and Chiron Group SE.

What is the size of the global machine tools market?

By 2027, the global machine tools market size is expected to grow from USD 119.2 billion in 2020 to USD 73.5 billion.

What is the machine tools market growth?

The global machine tools market is expected to advance at a compound annual growth rate of 8.4%.

Which tool-type segment dominated the global machine tools market?

In 2020, metal cutting accounted for the highest market share and has a market share of 72.1%.

Which region accounted for the largest machine tools market share?

The Asia Pacific dominated the machine tools market and accounted for the largest revenue share of over 40% in 2020.

Which region is the fastest-growing region machine tools market?

Middle East & Africa is the fastest-growing region, with a CAGR of 8.71%, during the forecast period, 2021-2027.

Who are the key players in the machine tools market?

The leading manufacturers of machine tools in the global market include Doosan Machine Tools Co. Ltd., AMADA Pvt. Ltd., JTKET Corporation, Makino, Georg Fischer Ltd., OKUMA Corporation, Hyundai WIA, Schuler AG, Komatsu NTC Ltd., and Chiron Group SE.

Machine Tools Market 2021

Industry Size, Regions, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2027

Machine Tools Market by Tool (Metal Cutting and Metal Forming), by Metal Cutting (Machining Centers, Lathe), by Metal Forming (Bending & Forming, Pressing), by End-Users (Automotive, Industrial Machinery), by Region – Global Share and Forecast to 2027

Region: Global | Format: Word, PPT, Excel | Report Status: Published

Machine Tools Market

Machine Tools Market 2021

Machine Tools Market by Tool (Metal Cutting and Metal Forming), by Metal Cutting (Machining Centers, Lathe), by Metal Forming (Bending & Forming, Pressing), by End-Users (Automotive, Industrial Machinery), by Region – Global Share and Forecast to 2027

Machine Tools Market by Tool (Metal Cutting and Metal Forming), by Metal Cutting (Machining Centers, Lathe), by Metal Forming (Bending & Forming, Pressing), by End-Users (Automotive, Industrial Machinery), by Region – Global Share and Forecast to 2027

Budget constraints? Get in touch with us for special pricing

Apparel Accessories Sport Equipment Market 2024: Industry Size, Emerging Trends, Regions, Growth Insights, Opportunities, and Forecast By 2033

Screenwriting Market 2024: Industry Size, Emerging Trends, Regions, Growth Insights, Opportunities, and Forecast By 2033

Material Handling Equipment Market 2021: Industry Size, Regions, Emerging Trends, Growth Insights, Development Scenario, Opportunities, and Forecast By 2027

Mass Flow Controller Market 2021: Industry Size, Regions, Emerging Trends, Growth Insights, Development Scenario, Opportunities, and Forecast By 2027

Hand Drying Machine Market 2022: Industry Size, Regions, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2030