Astute Analytica’s recently published report on the Machine Tools Market offers the latest data and determines growth prospects and challenges. A tool for evaluating the potential for new goods and services is the constraints and opportunity analysis. This aids businesses in locating and forecasting market opportunities.
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The study also contains a compilation of qualitative and quantitative evaluations made by subject-matter experts in their fields as well as representatives from various industries found all along the supply chain.
The machine tools market was valued at US$ 72,109.8 Million in 2021 and is forecast to see a revival in demand and reach a market size of US$ 95,169.1 Million by 2027, registering a CAGR of 4.7% over the period 2022-2027. The paper discusses further findings that researchers made based on the comprehensive data and also offers information on the state of the market. The paper discusses kinds and applications based on various nations and important locations. The market’s most active companies are described in detail with regard to attributes like corporate portfolio, business strategy, financial overview, recent developments, and industry share.
Leading Companies
Players analyzed in the report and holding a dominant position in the market include names such as – DMG MORI, Yamazaki Mazak Corporation, TRUMPF, Amada Co. Ltd., Komatsu Ltd., Dalian Machine Tool Group Corporation (DMTG), Schuler, JTEKT Corp., and Okuma Corp. The other players profiled in the report include – Ace Micromatic Group, Doosan Machine Tools, Electronica Hitech Engineering Pvt. Ltd., FFG European & American Holdings GmbH, Georg Fischer Ltd., Gleason Corporation, GROB-WERKE GmbH & Co. KG, Haas Automation Inc., Hyundai WIA, INDEX-Werke GmbH & Co. KG Hahn & Tessky, Spinner Machine Tools, Makino, and Chiron Group.
We continuously monitor the direct impact COVID-19 (Update Omicron mutations study) has on the market, in addition to the indirect influence of related industries. The report will contain the observations.
The geographical regions are divided into several major categories for production, consumption, revenue (in US dollars), and market share in this analysis. We’ll discuss the predicted growth of the market in this region between 2021 and 2031.
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Segmentation Overview
Machine Tools Market Segmentation
By Product
- Milling Machine
- Lathe Machine
- Laser Machine
- Drilling Machine
- Turning Machine
- Grinding Machine
- Electrical Discharge Machine
- Machining Centers
By Automation Type
- CNC Machine Tools
- Conventional Machine Tools
By Industry
- Automotive
- Aerospace and Defense
- Construction Equipment
- Power and Energy
- Industrial
- Others
By Sales Channel
- Dealers and Distributors
- Events and Exhibitions
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Western Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Malaysia
- Singapore
- Thailand
- Indonesia
- Cambodia
- Vietnam
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa
- UAE
- Saudi Arabia
- Turkey
- Egypt
- South Africa
- Nigeria
- Rest of MEA
- South America
- Argentina
- Brazil
- Columbia
- Rest of South America
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