MarketStudyReport.com offers 2018 report on global Machine Tools market that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2018-2023.
Selbyville, Delaware – December 10, 2018 —
worldwide machine tools market size (by revenue) was $69168 million in 2017and it is estimated to reach $61053 million by 2025 with a 1.27% CAGR from 2017 to 2025.
As per the report, the topmost types of machine tools primarily comprise of Machining Centers, Turning Machines, Grinding machines, and Electrical Discharge Machines. The huge demand from downstream includes Machinery Manufacturing, Automobile industry, Aerospace & Defense, among other industries.
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The leading producers of machine tools around the world include China, Korea, Taiwan, Japan, Germany, Italy, UK, Switzerland, and the USA. Between the year 2009 to 2012, the machine tools market experienced a very lucrative phase primarily due to the economic recovery from the global financial crisis. The industry witnessed an explosive growth rate both in consumption and production across the world.
The leading players dominating the global landscape of the machine tools market in 2017 include DMG MORI, AMADA, Trumpf, Yamazaki Mazak, Komatsu, FFG/MAG, Doosan, Okuma, Makino, and JTEKT. The top five companies represented nearly 20% of the global market, while the top ten companies formed around 30% of the global market.
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.
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.
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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.
Table of Content:
1 Market Overview
2 Manufacturers Profiles
3 Global Machine Tools Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
4 Global Machine Tools Market Analysis by Regions
5 North America Machine Tools by Countries
6 Europe Machine Tools by Countries
7 Asia-Pacific Machine Tools by Countries
8 South America Machine Tools by Countries
9 Middle East and Africa Machine Tools by Countries
10 Global Machine Tools Market Segment by Type
11 Global Machine Tools Market Segment by Application
12 Machine Tools Market Forecast (2018-2023)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
Read More on this: http://www.reuters.com/brandfeatures/venture-capital/article?id=65020
Global Metal Cutting Machine Tools Market Research Report 2018
This report studies the global Metal Cutting Machine Tools market status and forecast, categorizes the global Metal Cutting Machine Tools market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa). The major manufacturers covered in this report
• Nissan Tanaka
• Yamazaki Mazak
• DMG Mori Seiki
• Okuma Corporation
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Name: Arun Hegde
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Organization: Market Study Report
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This news is published on Reuters.