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Forging ahead: Strengthening economic conditions will aid revenue, despite import pressure



Abstract

Metalworking Machinery Manufacturing in the US

The Metalworking Machinery Manufacturing industry, which produces power-operated tools and machine accessories used for finishing or shaping metal parts, has posted solid gains since 2011. Downstream industries, including machine shops and auto parts manufacturers, have experienced a rebound from their recessionary slumps, boosting demand for metalworking machinery over the past five years. Competition from imports, however, has undermined some domestic manufacturers, driving them to relocate abroad over the period. Foreign competition, particularly from emerging Asian markets, is expected to continue increasing through 2021, moderating the industry's growth prospects in the next five years.

Companies in this industry primarily manufacture power-operated tools that are used for finishing or shaping metal parts, which are then used to manufacture other machines. Industry products include wire drawing and fabricating machines, metal cutting tools, special dies and coil handling equipment. This industry excludes companies that primarily manufacture power tools and other general-purpose machinery accessories (see IBISWorld report 33399).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



Related Reports

Ferrous Metal Foundry Products in the US

Hand Tool & Cutlery Manufacturing in the US

Power Tools & Other General Purpose Machinery Manufacturing in the US



International Reports

Machine Tool and Parts Manufacturing in Australia

Metal Fabrication in China

Table Of Contents

Metalworking Machinery Manufacturing in the US - Industry Market Research Report

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS and MARKETS
Supply Chain
Products and Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY

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