Machine Tools Market Development, Trends, Demand and Forecast Till 2027 by Kanika Sharma

Global Machine Tools Market Research Report 2022-2027

About IMARC Group

Report Description

International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

Report Description and Highlights Report Description Global Machine Tools Market Outlook 2022-2027: According to the latest report by IMARC Group, titled "Global Machine Tools Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global machine tools market reached a value of US$ 91 Billion in 2021. Machine tools refer to power-driven equipment used to shape or form rigid metals to reduce excess material. Metal cutting, forming and working are some of the commonly available types of machine tools. They consist of ball screws, drilling units, grinding wheels, angle heads, balancing machines, fluid chillers, multi-spindle heads and tapping units. Machine tools are widely used to perform various operations, including abrading, cutting, grinding, drilling, forming, shearing, boring and nibbling. They assist in enhancing product uniformity, reliability, accuracy, and efficiency, reducing human interaction, and increasing production and cost-effectiveness. As a result, machine tools find extensive applications across automotive, marine, aerospace, precision engineering and electronics industries. Request for a PDF sample of this report: https://www.imarcgroup.com/machine-tools-market/requestsample

Report Description and Highlights

Report Description

Global Machine Tools Market Drivers/Constraints: The significant growth in the automotive industry is creating a positive outlook for the market. Machine tools are widely used in this industry due to the increasing demand for lightweight vehicles and in the manufacturing of various parts, such as gearboxes, disc brakes and engine parts. Moreover, the widespread adoption of computer numerical control (CNC) machines in the medical industry for producing sophisticated surgical instruments and tiny screws is favoring the market growth. Apart from this, various technological advancements, such as the integration of artificial intelligence (AI) and robotics in machine tools to improve monitoring, productivity, tracking and overall equipment effectiveness, are providing a considerable boost to the market growth. Additionally, the rising demand for automatic machines due to their numerous benefits, such as eliminating human error, and enhancing productivity and efficiency, is positively impacting the market growth. Other factors, including the increasing demand for metal cutting tools due to widespread utilization of metal in various industries, extensive research and development (R&D) activities and the rising product demand in the defense and aerospace sector, are anticipated to drive the market toward growth. View Report TOC, Figures and Tables: https://www.imarcgroup.com/machine-tools-market

Report Description and Highlights

Report Description Key Market Segmentation

The research report includes the following segments:

Breakup by Tool Type: • • •

Metal Cutting Metal Forming Accessories

Breakup by Technology Type: • •

Conventional CNC (Computerized Numerical Control)

Looking forward, IMARC Group expects the market to reach US$123 Billion by 2027, exhibiting at a CAGR of 4.91% during 2022-2027.

Report Description and Highlights

Report Description Breakup by End Use Industry: • • • • •

Automotive Aerospace and Defense Electrical and Electronics Consumer Goods Precision Engineering

Breakup by Region: • • • • •

North America Asia Pacific Europe Latin America Middle East and Africa

Report Description and Highlights

Report Description Competitive Landscape: • • • • • • • • • • • • • • •

Allied Machine & Engineering AMADA Holdings Dalian Machine Tool Group DMG MORI FALCON Machine Tools 600 Group Yamazaki Mazak Trumpf Komatsu JTEKT Doosan Machine Tools Okuma HYUNDAI WIA Makino Schuler

Key Questions Answered in the Report

Report Description

1. What has been the historical growth rate of the global Machine Tools Market? 2. What has been the impact of COVID-19 on the global Machine Tools Market? 3. What are the key factors driving the global Machine Tools Market? 4. What is the breakup of the global Machine Tools Market based on the type? 5. What is the breakup of the global Machine Tools Market based on the application? 6. What is the breakup of the global Machine Tools Market based on the distribution channel? 7. What are the key regions in the global Machine Tools Market? 8. Who are the key players/companies in the global Machine Tools Market?

Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click here: https://www.imarcgroup.com/machine-tools-market/requestsample

Report Description 1

Preface

2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology

3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends

Table of Contents

Report Description 5

Table of Contents

Global Machine Tools Market Industry 5.1 5.2 5.3 5.4 5.5 5.6 5.7

Market Overview Market Performance Impact of COVID-19 Market Breakup by Tool Type Market Breakup by Technology Type Market Breakup by End Use Industry Market Breakup by Region

Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/machine-tools-market/toc

A partial List of

We are the trusted business partners to the

Clients world's leading corporates, governments, and ourPartial ClientsList of institutions

A partial List of

We are the trusted business partners to the

of Clients leading corporates, governments, and ourPartial ClientsListworld's institutions

Report Description and Highlights

Report Description

© 2022 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

FOR MORE DETAILS Visit us at :

https://www.imarcgroup.com Stay With Us:

TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com