The Business Research Company’s Machine Tools Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Machine Tools Global Market Report 2023 evaluates machine tools market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global machine tools market size grew from $87.72 billion in 2022 to $93.41 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The machine tools market size is expected to grow to $112.58 billion in 2027 at a CAGR of 4.8%.
The machine tools market segments in the report are:
By Product Type:
Milling Machines
Drilling Machines
Turning Machines
Grinding Machines
Electrical Discharge Machines
Other Product Types
By Automation Type:
CNC Machine Tools
Conventional Machine Tools
By Sales Channel:
Direct
Indirect
By Industry:
Automotive
Aerospace and Defense
Construction Equipment
Power and Energy
Industrial
Other Industries
Top Major Players
Makino
Georg Fischer
JTKET Corporation
Komatsu NTC Ltd.
Hyundai WIA
Asia-Pacific was the largest region in the machine tools market in 2022.
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The table of contents in TBRC’s machine tools market report includes:
1. Executive Summary
2. Machine Tools Market Characteristics
3. Machine Tools Market Trends And Strategies
4. Machine Tools Market – Macro Economic Scenario
5. Machine Tools Market Size And Growth
…………
26. Africa Machine Tools Market
27. Machine Tools Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Machine Tools Market
29. Machine Tools Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
……………
Table 47: Doosan Machine Tools Co. Ltd. Financial Performance
Table 48: Makino Financial Performance
Table 49: Georg Fischer Financial Performance
Table 50: JTKET Corporation Financial Performance
Table 51: Komatsu NTC Ltd. Financial Performance
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