Global Machine Tools Industry

This report analyzes the worldwide markets for Machine Tools in US$ Million by the following product groups/segments: Metal Cutting Tools (Boring & Drilling Machines, Gear Cutting Machines, Grinding, Honing, Lapping, Polishing & Buffing Machines, Lathes, Milling Machines, Machining Centers, Station Type Machines, & Miscellaneous Metal Cutting Tools), Metal Forming Tools (Punching & Shearing Machines, Bending & Forming Machines, Metal Working Presses, & Miscellaneous Metal Forming Tools), and Special Machine Tools (Water Jet Machines, Laser Machines, Electrochemical Machines, Electrical Discharge Machines, & Coordinate Measuring Machines). The end-use markets also analyzed in the report include Automobile, Aerospace/Defense, Non-Electric Machinery & Equipment, Electronics/Electrical Machinery & Equipment, and Others (Oil Field Industry/Medical Industry). The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East/Africa and Latin America. Annual estimates and forecasts are provided for the period 2009 through 2017. Also, a six-year historic analysis is provided for these markets. The report profiles 528 companies including many key and niche players such as GF AgieCharmilles, Allied Machine & Engineering Corp, Amada Group of Companies, Amada America Inc., Amada Machine Tools America, Inc., Amada Co. Ltd, Doosan Infracore Co. Ltd., FANUC Corporation, MAG, Gildemeister Aktiengesellschaft, Gildemeister Italiana S.p.A., Haas Automation, Inc., Hardinge Inc., JTEKT Corporation, Kennametal Inc., Makino Milling Machine Co. Ltd., Mori Seiki Co, Ltd., Okuma Corporation, Otto Bihler Maschinenfabrik GmbH & Co. KG, Shanghai Machine Tool Works Co., Ltd, Schuler AG, Sodick, Inc., Spinner Werkzeugmaschinenfabrik GmbH, TAJMAC-ZPS, a.s., Trumpf Group, Walter AG and Yamazaki Mazak Corporation. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

Machine Tool And Equipment Industry

1. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS 1
Study Reliability and Reporting Limitations 1
Disclaimers 2
Data Interpretation & Reporting Level 3
Quantitative Techniques & Analytics 3
Product Definitions and Scope of Study 3
Product Groups/Segments 4
Metal Cutting Tools 4
Boring & Drilling Machines 4
Gear Cutting Machines 5
Grinding, Honing, Lapping, Polishing and Buffing Machines 5
Lathes 5
Milling Machines 5
Machining Centers 5
Station Type Machines 5
Miscellaneous Metal Cutting Tools 5
Metal Forming Tools 6
Punching & Shearing Tools 6
Bending & Forming Tools 6
Metal Working Presses 6
Miscellaneous Metal Forming Tools 6
Special Machine Tools 6
Waterjet and Laser Machines 7
Electrochemical Machines 7
Electrical Discharge Machines 7
Co-ordinate Measuring Machines 7
End-Use Segments 7
Automotive Industry 7
Aerospace/Defense Industry 7
Non-Electric Machinery and Equipment Industry 8
Electronics/Electrical Machinery and Equipment Industry 8
Others 8
Oilfield Industry 8
Medical Industry 8

2. MACHINE TOOLS - AN INTRODUCTION 9
A Quick Primer 9
Market Traits: A Review 9
Market Prospects Closely Tied to Economic Health 9
A Polarized Market 10
Price: A Competitive Variable 10
Technology Evolution in the Machine Tools Industry 10
Technology Boosts Numerical Control (NC) Machine Tools
Demand Further 11
Innovation Largely Guided by the Evolution of New Age Materials 11
Achieving Precision the Laser Way 12
Need of the Hour 12
What Does It Take to Survive in the Marketplace? 12
After Sales Customer Service & Support: A Key Differentiator 13
Recession Impact in Retrospect 13
The World Beyond Recession 14
Outlook 14
Where Do the Opportunities Lie? 14
Developing Asian Countries Emerge As Tough Contenders in the
International Market 15
China Marches Ahead on Production Front 15
Table 1: World Machine Tools Production (2009): Breakdown
of Production Value by Leading Country (includes
corresponding Graph/Chart) 16

Table 2: Global Cutting Machine Tools Market (2010):
Percentage Share Breakdown of Production Value by Country
(includes corresponding Graph/Chart) 17

Table 3: Global Metal Forming Machine Tools Market (2010):
Percentage Share Breakdown of Production Value by Country
(includes corresponding Graph/Chart) 17
Key Trends & Issues 18
Recession Turns the Market Price-Sensitive 18
Metal Cutting Tools: The Key Revenue Generator 18
HSS Cutting Tools: Hopes Pinned onto Powder Metallurgical
HSS to Spearhead Market Revival 18
Grinding Machines Market: A Review of Current Scenario 19
Trends Across Product Markets 19
Table 4: US Market for Grinding Machines (2010): Percentage
Share Breakdown of Dollar sales by Type - Surface Grinding
Machines, Cylindrical Grinding Machines, Center-less
Grinding Machines, and Other Grinding Machines (includes
corresponding Graph/Chart) 20
Advanced Grinding Machines Revolutionize Grinding Process 20
Electronic Equipment and Motor Vehicles Drive Demand 21
Machine “Controls” Component Business Waxes in Popularity 21
Multi Tasking Machines Gear Up to Revolutionize Machine Tool
Dynamics 21
A Macro Shift to Micro Machining Tools 22
‘Cutting’ the Frills 22
Retrofit Market Keeps CNC Sales Alive 22
Flexible Manufacturing Catching Impetus 22
Bar Fed Machining Centers Gain Rapid Acceptance 23
Two Offset Numbers become Norm in Machining Center Programs 23
Silicon Carbide (SiC) Cutting Tools become a Rage 24
Environmental Concerns Spur Innovations in Cutting Tools 24
‘Intelligent’ Threat Brewing 24
Replacement Demand Under Threat 24
Waterjet: An Evolving Cutting Tool 24
Cost Benefits Drive Waterjet Adoption 25
Waterjet Cutting Applications Expanding With Times 25
Key Market Share Statistics 26
Table 5: Global Machine Tools Market (2010): Percentage Share
Breakdown of Annual Revenue by Leading Manufacturers
(includes corresponding Graph/Chart) 26

Table 6: Global Gear Cutting Machinery Market (2010):
Percentage Share Breakdown of Key Players (includes
corresponding Graph/Chart) 27

Table 7: Global High Speed Steel (HSS) Market (2010):
Percentage Market Share of Dollar Sales by Leading Company
(includes corresponding Graph/Chart) 27

Table 8: Global Machine Tool Shape Cutting Market (2010):
Percentage Share Breakdown by Cutting Technologies - Laser,
EDM, Plasma, Waterjets and Others (includes corresponding
Graph/Chart) 27

Table 9: Global Abrasive Waterjet Cutting Machine Market
(2010): Percentage Breakdown of Fixed and Variable Costs per
Hour by Cost Component - Abrasive Sand/Disposal, Labor,
Depreciation, Overhead, Spare & Wear Parts, Compressed Air,
Interest, Electricity, Water/Wastewater and
Maintenance/Service (includes corresponding Graph/Chart) 28

Table 10: Global Abrasive Waterjet Cutting Machine Market
(2010): Percentage Breakdown of Variable Costs per Hour by
Cost Component - Abrasive Sand/ Disposal, Spare & Wear Parts,
Compressed Air, Electricity, Maintenance/Service, and Water/
Wastewater (includes corresponding Graph/Chart) 28

Table 11: Leading Players in the Global Water Jet Machine
Tools Market (2010): Percentage Market Share Breakdown of
Leading Companies (includes corresponding Graph/Chart) 28

Table 12: Leading Players in the Global Coordinate Measuring
Machines Market (2010): Percentage Market Share Breakdown of
Leading Players (includes corresponding Graph/Chart) 29

Table 13: Global Five Axis Simultaneous Machine Tools Market
(2010): Percentage Share Breakdown of Number of Companies in
the Supply Chain by Select Countries (includes corresponding
Graph/Chart) 29

3. PRODUCT/END-USE MARKET OVERVIEW 30
Machine Tools 30
Commercial Use of Machine Tools: A Historical Retrospective 30
Metal Cutting Machine Tools 30
Structure of Metal Cutting Tool 30
Cutting Methods 31
Major Categories of Tools 31
Rotary Cutting Tools 31
Carbide Cutting Tools 32
Stamping Die 32
Types of Metal Cutting Machine Tools 32
Boring & Drilling Machines 32
Gear Cutting Machines 32
Grinding, Honing, Lapping, Polishing & Buffing Machines 32
CNC Grinding Machines 33
Lathes 33
Types of Lathes 33
CNC Lathes 33
Milling Machines 34
Major Components 34
Body of the Milling Machines 34
Length of Cut 35
Helix Angle 35
Land 35
Diameter 35
End Teeth 35
CNC Milling Machines 35
Center Cutting and Non Center Cutting Milling Machines 35
Machining Centers 36
Horizontal CNC Machining Centers 36
Vertical CNC Machining Centers 36
Station Type Machines 36
Miscellaneous Metal Cutting Tools 37
Metal Forming Machine Tools 37
Types of Metal Forming Machine Tools 37
Punching & Shearing Tools 37
Bending & Forming Tools 37
‘Bending’ Vs ‘Forming’ 38
Metal Working Presses 38
Miscellaneous Metal Forming Tools 38
Special Machine Tools 38
Water Jet and Laser Machines 39
Electrochemical Machines 39
Electrical Discharge Machines 39
Die-Sink EDMs 40
Wire-Cut EDMs 41
Die-Sink Machines Vs Wire-Cut Machines 41
Coordinate Measuring Machines 41
Market Segmentation by Machine Price and Precision 41
High-End Machine Tool Market 41
Mid-Range Machine Tool Market 42
Low-End Machine Tool Market 42
End Use Markets 42
Automotive Industry 42
Aerospace/Defense Industry 43
Non-Electric Machinery and Equipment Industry 43
Electronics/Electrical Machinery and Equipment Industry 43
Others 43
Oilfield Industry 44
Medical Industry 44

4. PRODUCT INTRODUCTIONS/INNOVATIONS 45
DEWALT Rolls Out New DEWALT 2X Longer Life Reciprocating Saw
Blades 45
Buhler Unveils GranulexTM and Kubex T 45
Marbach Launches Marbajet-1000linear Water-Jet Cutting Machine 46
Mitsubishi Heavy Industries Unveils MVR-5X Machining Center 46
Accustream Launches Abrasive Regulator 2 46
FANUC Introduces iAdapt®S Adaptive Control System Integrated
with CNC Machine 46
Hardinge Launches GD210LP Rotary Table with 16C Spindle 47
FANUC Launches High-Speed Laser Controls 47
Hardinge Introduces FlexC™ Collet Systems 48
MAG Launches Integrated Gear Cutting Features on VTC 2500H 49
DMG/Mori Seiki Unveils DMU eVo Series 5-Axis Control Machining
Center 50
Walter Adds an Innovative Grade to Tiger•tec® Silver Series 50
Mori Seiki Introduces MCC-LPS III Cell Control Solution 50
Walter Prototyp Announces Additions to ConeFit™ Changeable
Head Solution 51
Walter Introduces Walter Titex UFL® Drill 51
MAG Develops Large Machine Tools 52
Biltz Offers Special Tools for Machining Centers 52
Consortech Tools Rolls Out Plate Edge Milling Machine 53
Mori Seiki Sales & Services Introduces New Range of X Series
Machines 53
Coherent Introduces MetaBEAM™ Laser Machining Center 54
The Timken Company Unveils New Range of Precision Cylindrical
Roller Bearings Range 54
NSK Develops Novel X1 Ball Screw 55
Micron Technologies Launches HTA Honing Machine 55
Robert Bosch Introduces GST 25M Professional Jigsaw 56
HEIDENHAIN Launches HR 550 FS wireless Handwheel for Machine
Tools 57
GF AgieCharmilles Introduces the DRILL 20 for Hole-Drilling
Solutions 58
FANUC Robotics Launches Web Resource 58
FANUC Launches 30i/31i-P Model B Punch Press Controls 58
Doosan Infracore Unveils Eco-Friendly Machine Tools 59
FANUC Rolls Out New Generation CNC Controllers 59
MAG Offers CNC Retrofit Solutions 60
Okuma Develops GENOS Series of Machines 60
MAG Unveils New High-Speed VEC System 61
MAG IAS Introduces U5-1500DR Universal Machining Center 62
Okuma Unveils New Horizontal Machining Centers 63
TRUMPF TruLaser 5030 Fiber Reduces Manufacturing Cost of
Components 63
Okuma to Launch GENOS M460-VE Vertical Machining Center 64
Okuma Launches TWIN STAR LT2000 Series of Spindles 64
TRUMPF Launches TruBend Cell 7000 64
TRUMPF Launches TruPunch 3000 65
TRUMPF to Introduce TruLaser 3030 65
Yamazaki Launches New Vertical Machining Center 65
Mori Seiki to Implement the NVL1350 Range of Vertical Lathes 65
Mori Seiki Launches NZL2500 Lathe 66
Cimatron Unveils GibbsCAM Software for CNC Machine Tools 66
Sodick Rolls Out Electrical Discharge Machines 67
Emirates Gas Rolls out Eco-Friendly Solution for Metal Cutting 67
Star Micronics to Introduce Mill-Turning Centres 67
TaeguTec Introduces New Milling Inserts 67
PEM Technologies to Launch New PEM Technology 68
Jet Edge Launches Idro Line Water Jet Cutting Machine 68
American Laser Enterprises Unveils A-Las™ Alignment System 69
Hardinge Introduces SUPER-PRECISION T-42 69
Unison Introduces Range of All-Electric Tube Benders 70
Kyocera Introduces CA45-Series of Cutting Tools 70
Tornos Launches FC 1105 71
Hardinge Launches GS51A Machine 71
Mills CNC Showcases Four CNC Milling Machines 72
Yamazaki Mazak to Showcase Seven Machine Tools 73
Mori Seiki Launches NH10000DCG 74
Heller Unveils Five-Axis Machining Centers 75
Trumpf Launches Trulaser 1030 75
Trumpf Unveils Size 5 Punching Tools 76
Bardons & Oliver Unveils CNC lathe 76
MAG Launches NBV 400 76
Methods Machine Tools Launches Nakamura-Tome Super NTMX 76
DST to Introduce Mecof range 76
Ward CNC Expands Heavy-Duty Solutions Line 77
Flow International Launches Mach 2 Series of Waterjet Cutting
Machines 77
LVD Launches Automatic Laser Cutting Systems 77
OMAX Unveils a New Waterjet Brand MAXIEM 77
Anjani Technoplast Introduces Water-Jet Machine for Defense
and Aerospace Industry 77
Volvo Launches New Milling Machines 78
Schaublin Machines Introduces Five Axis Machining Systems 78
Delcam Unveils NC-Checker 79
Saar Hartmetall Launches High Speed Stationary Milling Machine 79
Mitsubishi Heavy Industries to Launch High-precision Grinding
Machine 79
Hydratight to Launch Thread Milling Service 80
Jet Edge Rolls Out Waterjet Cutting System 80
Electrosion Introduces New ECM Machine 80
Ronson Gears to Launch Three Gear Manufacturing Machines 81
Shenyang Machine Tool Introduces World’s Biggest Drilling Machine 81
Walter Launches New Shoulder Milling Cutter 81
Walter Adds Three New Variants of Cutters Introduced to Xtra.
tec® Line 82
Walter Prototyp Introduces Fast Milling Cutters 82
Walter Launches Two-in-One Chip Breaking Tools 82
Bosch Rexroth Launches Heavy Duty Flow Control Valves 83
Unison Introduces Breeze 170 83
Mitsubishi Heavy Industries Rolls Out New Grinding Machine 84
Mitsubishi Heavy Industries Introduces New Technology 84
Okuma Upgrades Thermo-Friendly Concept 85
CP Packaging Develops VisionPak™ Machine 85
Bystronic Launches Upgrade to ByVention Laser Cutting System 85
Walter Unveils New Miniature Milling Cutter 86
Amada Cutting Technologies Launches New Bandsawing Machines 86
Roland Introduces CAM Software for Use in MDX 3D Milling Machines 86
Sonnex Engineering Launches New Waterjet Cutting Machine 87
KYOCERA Launches Double-Sided Negative Insert Tool System 87
Mitsubishi Introduces Dry-Cut Gear Cutting Machines 88
Climax Portable Machine Tools Unveils New Portable Flange 88
Kyocera Launches OTM API Ring Groover 89
MatCam Launches New Laser Cutting Machines 89
DMG India Unveils DMU 40 monoBLOCK Range of Machines 89
Mori Seiki Launches NMV8000 DCG Vertical Machining Center 90
Mori Seiki Unveils MV-1003L Vertical Machining Center 90
Mori Seiki Upgrades NH8000 DCG II and NH6300 DCG II Horizontal
Machining Centers 91
Fadal Machining Centers to Launch VMC 4525 91
Fadal Machining Centers to Unveil FX Series Machines with
Infimatic Control 92
Walter Develops Protostar® Ti series 93
Okuma Introduces MULTUS B750 93
Okuma Launches VTM-200 Vertical Machining Center 93
OMAX® Corporation to Introduce 80X JetMachining® Center 94
Sandvik Coromant to Launch CoroTurn TR Tools 94
Siemens Drive Technologies to Launch CNC Solutions 95
Sodick to Launch HS650L, 5-Axis High Speed Machining Center 95
SPINNER Launches New U-Series Machining Centers 95
Sugino Upgrades SSM5 and SSM4 Drill Units 96

5. RECENT INDUSTRY ACTIVITY 97
MAG IAS Acquires Forest- Liné 97
Miyano Machinery Merges with Citizen Machinery 97
E. Biglia Signs Agreement with Hardinge Machine Tools 97
Siemens Unveils New Technology Application Centre 98
Interflow Acquires Hydraulic Milling Machine 98
Gildemeister to Form Joint Venture with Shenyang Machine Tool
and Mori Seiki 98
Sandvik Coromant Renews Technical Partnership Agreement with
Stewart-Haas Racing 98
StarragHeckert Completes Acquisition of Dorries Scharmann 99
Climax Portable Machine Tools Opens New Rental Depots in US
and Australia 99
Bharat Fritz Werner Announces New Unit in India 99
Hyundai WIA to Set Up Two New Plants in India 99
Lap-Stamp Selects LASER 1000 5Ax of GF AgieCharmilles 100
Konecranes Acquires Assets of King Tool 100
Magellan Aerospace Expands Hard Metal Machining Center 100
Mori Seiki to Establish Machine Tool Facility in California 101
Mitsubishi to Set Up a New Automotive Machine Tools Facility
in China 101
India Steel Summit to Establish a New Machine Tools and
Accessories Facility 101
Konecranes Acquire AH Maskinservice and Axis Machine Tool
Engineers 101
AMADA MACHINE TOOLS Establishes a Comprehensive European Base 102
Amada Merges Amada Cutting Technologies and Amada Wasino
America to Form Amada Machine Tools 102
FANUC CNC America Corporation Changes Name to FANUC FA America
Corporation 102
Gildemeister and Mori Seiki Join Hands for Sales and Services 102
mutares Takes Over Fertigungstechnik Weisenfels 103
Wendt India and Delapena Honing Equipment Sign Agreement 103
Emerson Bearing Establishes New Machine Tools Division 103
Tech-Con Enters into Partnership with Motoman Robotics 103
Konecranes Acquires Assets of Ohio Hi-Speed Machine 104
Seco Tools Purchases AOB 104
Coherent Takes Over Beam Dynamics 104
Itochu Mechatronics and Itochu Sanki to Merge 105
Machine Tools Supply to Take Over Cutting Edge Tool & Supply 105
Advanced Machinery Purchases Assets of Machine Tool Partners 105
New Century Companies Merges with Precision Aerostructures
Companies 106
Jet Edge Takes Over Calypso Waterjet Systems 106
Tiercel Technology Takes Over John G Wilson Machine 106
Kennametal Establishes WIDIA Products Group 106
PTG Expands Machine Business as PTG Heavy Industries 107
Starragheckert to Establish Manufacturing in India 107
WARDJet Partners with AMRC 107
Moog Purchases Boulton Paul factory from GE Aviation 107
DGI Supply and Tool Crib Supply Enter into Affiliation Agreement 108
R.O. Deaderick Company Merges with Machine Tool Systems 108
Absolute Machine Tools Attains Rights to TopEDM and AccuteX 108
Fair Friend Group Enters into Strategic Alliances 108
Yeong Chin Machinery Enters into Alliance with Yong Ju
Precision and Excetek 109
Climax Portable Machine Tools Bags Contract from U.S. Army
Corps of Engineers 109
Concepts NREC Enters into Partnership with Maschinenfabrik
Berthold Hermle 109
Ningbo Haitian Group, Electronica Machine Tools to Jointly
Launch Press Assembly 110
StarragHeckert Holding AG to Launch Machine Tool Facility in
India 110
DP Technology Inks Agreement with Salvadeo 110
Ellison Technologies Snaps Up J & H Machine Tools 110
Mollart Engineering Purchases Bencere 111
Flow International Corporation Purchases Minority Stakes in
Dardi International Corporation 111
Joy Global Acquires Wuxi Shengda 111
Daikin Industries Inks Agreement to Take Over All World
Machinery Supply 112
Sandvik Inks Agreement to Purchase BTA Heller Drilling System 112
Flow International Corporation Inks Agreement to Merge with
Omax Corporation 112
Flow International to Construct Center for Advanced Waterjet
Systems 113
Flow International Corporation Bags Contract from Mitsubishi
Heavy Industries 113
Bosch Rexroth AG to Snap Up Interlit Joistgen GmbH 113
Doosan Infracore Machine Tools Yantai Unveils Machine Tool Fair 114
ESAB Holdings Ltd Snaps Up Romar Positioning Equipment
International 114
Carolina Machine and Tool Snaps Up Cutting Tools and Service 114
R.P. Machine Enterprises Purchases Fletcher Machine Company 114
Hexagon AB Buys M&H Group 114
China General Technology Holding to Purchase 58% Stakes in
Qier Machine Tool Group 115
Sandvik Tooling Purchases Teeness ASA 115
Caterpillar Takes Over Lovat 115
Delcam Inks Partnership with Doosan 115
ICAM Technologies Corporation, Dörries Scharmann Technologie
GmbH Ink Strategic Marketing Agreement 116
Mitsubishi Corporation and Craftsman Automation Enter into
Joint Venture 116
GBI Cincinnatti to Launch Revolution Line of Machine Tools 117
Shenyang to Acquire Two Subsidiaries from its Parent Company 117
Hangzhou Machine Tool Grabs Contract to Develop Grinding Machines 117
Spark Machine Tool Acquires Majority Stake in SOMAB 117
Heavy Engineering Corporation and Bharat Heavy Electricals to
Enter into Joint Venture 118
JTEKT Enters into Partnership with Micromatic 118
Yamazaki Mazak to Broaden Operations 118
Yamazaki Mazak Enters into Agreement with Ken Okuyama Design 118
Genertec Invests in Qiqihar No.2 to Increase Shares 119
The Indian Machine Tool Manufacturers' Association and Central
Machine Tool Institute to Open Testing Facility 119
Amada to Build Machine Tool Factory 119
Torque Master Tools to Build Machine Tools Facility 119
Marposs Took Over Control Gaging 119
Micromatic Grinding to Build New Unit for Grinding Machines 119
Agie-Charmilles to Build Production Base in China 120
Zenath Purchases American Augers Drilling Machine 120
Triumph Group Takes Over B & R Machine Tools Assets 120
Jyoti Purchases Huron Graffenstaden 120
Tsudakoma to Set Up New Wing for Machine Tools 121
Cimatron Acquires Majority Stake in Gibbs 121
Carbon Design Systems Takes Over ARM Holdings’ SoC Designer
Tool Division 121
Blue Sage Capital Acquires Majority Stake in Multicam 121
Kyocera Corp to Take Over On Time Machine 121
ARRK Corp’s NPL Technologies Fully Takes Over Ditemsa 121
Sandvik AB to Buy Minority Stake in Precorp 122
Eastman Machine Takes Over Saber Industries 122
Walters Expands its Line of Milling Cutters 122
MAG Moves to New Office 122
Siemens Enters Into Partnership with ROY-G-BIV 122
TRUMPF Acquires SPI Lasers 123
TRUMPF Opens New Production Facility 123

6. FOCUS ON SELECT GLOBAL PLAYERS 124
GF AgieCharmilles (Switzerland) 124
Allied Machine & Engineering Corp (US) 124
Amada Group of Companies (Japan) 124
Amada America Inc. (US) 124
Amada Machine Tools America, Inc., (US) 125
Amada Co. Ltd (Japan) 125
Doosan Infracore Co. Ltd. (South Korea) 125
FANUC Corporation (Japan) 125
MAG (US) 126
Gildemeister Aktiengesellschaft (Germany) 126
Gildemeister Italiana S.p.A. (Italy) 127
Haas Automation, Inc. (US) 127
Hardinge Inc. (US) 127
JTEKT Corporation (Japan) 128
Kennametal Inc (US) 128
Makino Milling Machine Co. Ltd. (Japan) 129
Mori Seiki Co, Ltd. (Japan) 129
Okuma Corporation (Japan) 129
Otto Bihler Maschinenfabrik GmbH & Co. KG (Germany) 129
Shanghai Machine Tool Works Co., Ltd (China) 130
Schuler AG (Germany) 131
Sodick, Inc (US) 131
Spinner Werkzeugmaschinenfabrik GmbH (Germany) 131
TAJMAC-ZPS, a.s. (Czech Republic) 132
Trumpf Group (Germany) 132
Walter AG (Germany) 132
Yamazaki Mazak Corporation (Japan) 133

7. GLOBAL MARKET PERSPECTIVE 134
Table 14: World Recent Past, Current and Future Analysis for
Machine Tools by Geographic Region/ Country - US, Canada,
Japan, Europe, Asia-Pacific, Middle East/Africa and Latin
America Independently Analyzed by Annual Sales in US$ Million
for the Years 2009 through 2017 (includes corresponding
Graph/Chart) 134

Table 15: World Historic Review for Machine Tools by
Geographic Region/Country - US, Canada, Japan, Europe,
Asia-Pacific, Middle East/Africa and Latin America
Independently Analyzed by Annual Sales in US$ Million for the
Years 2003 through 2008 (includes corresponding Graph/Chart) 135

Table 16: World 15-Year Perspective for Machine Tools by
Geographic Region/Country - Percentage Breakdown of Dollar
Sales for US, Canada, Japan, Europe, Asia-Pacific, Middle
East/Africa and Latin America for the Years 2003, 2010 and
2017 (includes corresponding Graph/Chart) 136
By Product Group/Segment 137
Table 17: World Recent Past, Current and Future Analysis for
Metal Cutting Tools by Geographic Region/Country - US, Canada,
Japan, Europe, Asia-Pacific, Middle East/ Africa and Latin
America Independently Analyzed by Annual Sales in US$ Million
for the Years 2009 through 2017 (includes corresponding
Graph/Chart) 137

Table 18: World Historic Review for Metal Cutting Tools by
Geographic Region/Country - US, Canada, Japan, Europe,
Asia-Pacific, Middle East/Africa and Latin America
Independently Analyzed by Annual Sales in US$ Million for the
Years 2003 through 2008 (includes corresponding Graph/Chart) 138

Table 19: World 15-Year Perspective for Metal Cutting Tools by
Geographic Region/Country - Percentage Breakdown of Dollar
Sales for US, Canada, Japan, Europe, Asia-Pacific, Middle
East/Africa and Latin America for the Years 2003, 2010 and
2017 (includes corresponding Graph/Chart) 139

Table 20: World Recent Past, Current and Future Analysis for
Metal Cutting Tools by Product Segment - Boring & Drilling
Machines, Gear Cutting Machines, Grinding, Honing, Lapping,
Polishing & Buffing Machines, Lathes, Milling Machines,
Machining Centers, Station Type Machines and Miscellaneous
Metal Cutting Tools Independently Analyzed by Annual Sales in
US$ Million for the Years 2009 through 2017 (includes
corresponding Graph/Chart) 140

Table 21: World Historic Review for Metal Cutting Tools by
Product Segment - Boring & Drilling Machines, Gear Cutting
Machines, Grinding, Honing, Lapping, Polishing & Buffing
Machines, Lathes, Milling Machines, Machining Centers, Station
Type Machines and Miscellaneous Metal Cutting Tools
Independently Analyzed by Annual Sales in US$ Million for the
Years 2003 through 2008 (includes corresponding Graph/Chart) 141

Table 22: World 15-Year Perspective for Metal Cutting Tools by
Product Segment - Percentage Breakdown of Dollar Sales for
Boring & Drilling Machines, Gear Cutting Machines, Grinding,
Honing, Lapping, Polishing & Buffing Machines, Lathes, Milling
Machines, Machining Centers, Station Type Machines and
Miscellaneous Metal Cutting Tools for the Years 2003, 2010 and
2017 (includes corresponding Graph/Chart) 142

Table 23: World Recent Past, Current and Future Analysis for
Boring & Drilling Machines by Geographic Region/Country - US,
Canada, Japan, Europe, Asia-Pacific, Middle East/ Africa and
Latin America Independently Analyzed by Annual Sales in US$
Million for the Years 2009 through 2017 (includes
corresponding Graph/Chart) 143

Table 24: World Historic Review for Boring & Drilling Machines
by Geographic Region/Country - US, Canada, Japan, Europe,
Asia-Pacific, Middle East/ Africa and Latin America
Independently Analyzed by Annual Sales in US$ Million for the
Years 2003 through 2008 (includes corresponding Graph/Chart) 144

Table 25: World 15-Year Perspective for Boring & Drilling
Machines by Geographic Region/ Country - Percentage Breakdown
of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific,
Middle East/Africa and Latin America for the Years 2003, 2010
and 2017 (includes corresponding Graph/Chart) 145

Table 26: World Recent Past, Current and Future Analysis for
Gear Cutting Machines by Geographic Region/Country - US,
Canada, Japan, Europe, Asia-Pacific, Middle East/Africa and
Latin America Independently Analyzed by Annual Sales in US$
Million for the Years 2009 through 2017 (includes
corresponding Graph/Chart) 146

Table 27: World Historic Review for Gear Cutting Machines by
Geographic Region/Country - US, Canada, Japan, Europe,
Asia-Pacific, Middle East/Africa and Latin America
Independently Analyzed by Annual Sales in US$ Million for the
Years 2003 through 2008 (includes corresponding Graph/Chart) 147

Table 28: World 15-Year Perspective for Gear Cutting Machines
by Geographic Region/ Country - Percentage Breakdown of Dollar
Sales for US, Canada, Japan, Europe, Asia-Pacific, Middle
East/Africa and Latin America for the Years 2003, 2010 and
2017 (includes corresponding Graph/Chart) 148

Table 29: World Recent Past, Current and Future Analysis for
Grinding, Honing, Lapping, Polishing & Buffing Machines by
Geographic Region/Country - US, Canada, Japan, Europe,
Asia-Pacific, Middle East/Africa and Latin America
Independently Analyzed by Annual Sales in US$ Million for the
Years 2009 through 2017 (includes corresponding Graph/Chart) 149

Table 30: World Historic Review for Grinding, Honing, Lapping,
Polishing & Buffing Machines by Geographic Region/Country -
US, Canada, Japan, Europe, Asia-Pacific, Middle East/Africa
and Latin America Independently Analyzed by Annual Sales in
US$ Million for the Years 2003 through 2008 (includes
corresponding Graph/Chart) 150

Table 31: World 15-Year Perspective for Grinding, Honing,
Lapping, Polishing & Buffing Machines by Geographic
Region/Country - Percentage Breakdown of Dollar Sales for US,
Canada, Japan, Europe, Asia-Pacific, Middle East/Africa and
Latin America for the Years 2003, 2010 and 2017 (includes
corresponding Graph/Chart) 151

Table 32: World Recent Past, Current and Future Analysis for
Lathes by Geographic Region/Country - US, Canada, Japan,
Europe, Asia-Pacific, Middle East/Africa and Latin America
Independently Analyzed by Annual Sales in US$ Million for the
Years 2009 through 2017 (includes corresponding Graph/Chart) 152

Table 33: World Historic Review for Lathes by Geographic
Region/Country - US, Canada, Japan, Europe, Asia-Pacific,
Middle East/Africa and Latin America Independently Analyzed by
Annual Sales in US$ Million for the Years 2003 through 2008
(includes corresponding Graph/Chart) 153

Table 34: World 15-Year Perspective for Lathes by Geographic
Region/Country - Percentage Breakdown of Dollar Sales for US,
Canada, Japan, Europe, Asia-Pacific, Middle East/ Africa and
Latin America for the Years 2003, 2010 and 2017 (includes
corresponding Graph/Chart) 154

Table 35: World Recent Past, Current and Future Analysis for
Milling Machines by Geographic Region/Country - US, Canada,
Japan, Europe, Asia-Pacific, Middle East/Africa and Latin
America Independently Analyzed by Annual Sales in US$ Million
for the Years 2009 through 2017 (includes corresponding
Graph/Chart) 155

Table 36: World Historic Review for Milling Machines by
Geographic Region/Country - US, Canada, Japan, Europe,
Asia-Pacific, Middle East/Africa and Latin America
Independently Analyzed by Annual Sales in US$ Million for the
Years 2003 through 2008 (includes corresponding Graph/Chart) 156

Table 37: World 15-Year Perspective for Milling Machines by
Geographic Region/Country - Percentage Breakdown of Dollar
Sales for US, Canada, Japan, Europe, Asia-Pacific, Middle
East/Africa and Latin America for the Years 2003, 2010 and
2017 (includes corresponding Graph/Chart) 157

Table 38: World Recent Past, Current and Future Analysis for
Machining Centers by Geographic Region/Country - US, Canada,
Japan, Europe, Asia-Pacific, Middle East/ Africa and Latin
America Independently Analyzed by Annual Sales in US$ Million
for the Years 2009 through 2017 (includes corresponding
Graph/Chart) 158

Table 39: World Historic Review for Machining Centers by
Geographic Region/Country - US, Canada, Japan, Europe,
Asia-Pacific, Middle East/Africa and Latin America
Independently Analyzed by Annual Sales in US$ Million for the
Years 2003 through 2008 (includes corresponding Graph/Chart) 159

Table 40: World 15-Year Perspective for Machining Centers by
Geographic Region/Country - Percentage Breakdown of Dollar
Sales for US, Canada, Japan, Europe, Asia-Pacific, Middle
East/Africa and Latin America for the Years 2003, 2010 and
2017 (includes corresponding Graph/Chart) 160

Table 41: World Recent Past, Current and Future Analysis for
Station Type Machines by Geographic Region/Country - US,
Canada, Japan, Europe, Asia-Pacific, Middle East/ Africa and
Latin America Independently Analyzed by Annual Sales in US$
Million for the Years 2009 through 2017 (includes
corresponding Graph/Chart) 161

Table 42: World Historic Review for Station Type Machines by
Geographic Region/ Country - US, Canada, Japan, Europe,
Asia-Pacific, Middle East/Africa and Latin America
Independently Analyzed by Annual Sales in US$ Million for the
Years 2003 through 2008 (includes corresponding Graph/Chart) 162

Table 43: World 15-Year Perspective for Station Type Machines
by Geographic Region/Country - Percentage Breakdown of Dollar
Sales for US, Canada, Japan, Europe, Asia-Pacific, Middle
East/Africa and Latin America for the Years 2003, 2010 and
2017 (includes corresponding Graph/Chart) 163

Table 44: World Recent Past, Current and Future Analysis for
Miscellaneous Metal Cutting Tools by Geographic Region/Country-
US, Canada, Japan, Europe, Asia-Pacific, Middle East/Africa
and Latin America Independently Analyzed by Annual Sales in
US$ Million for the Years 2009 through 2017 (includes
corresponding Graph/Chart) 164

Table 45: World Historic Review for Miscellaneous Metal
Cutting Tools by Geographic Region/ Country - US, Canada,
Japan, Europe, Asia-Pacific, Middle East/Africa and Latin
America Independently Analyzed by Annual Sales in US$ Million
for the Years 2003 through 2008 (includes corresponding
Graph/Chart) 165

Table 46: World 15-Year Perspective for Miscellaneous Metal
Cutting Tools by Geographic Region/Country - Percentage
Breakdown of Dollar Sales for US, Canada, Japan, Europe,
Asia-Pacific, Middle East/Africa and Latin America for the
Years 2003, 2010 and 2017 (includes corresponding Graph/Chart) 166

Table 47: World Recent Past, Current and Future Analysis for
Metal Forming Tools by Geographic Region/Country - US, Canada,
Japan, Europe, Asia-Pacific, Middle East/ Africa and Latin
America Independently Analyzed by Annual Sales in US$ Million
for the Years 2009 through 2017 (includes corresponding
Graph/Chart) 167

Table 48: World Historic Review for Metal Forming Tools by
Geographic Region/Country - US, Canada, Japan, Europe,
Asia-Pacific, Middle East/Africa and Latin America
Independently Analyzed by Annual Sales in US$ Million for the
Years 2003 through 2008 (includes corresponding Graph/Chart) 168

Table 49: World 15-Year Perspective for Metal Forming Tools by
Geographic Region/ Country - Percentage Breakdown of Dollar
Sales for US, Canada, Japan, Europe, Asia-Pacific, Middle
East/Africa and Latin America for the Years 2003, 2010 and
2017 (includes corresponding Graph/Chart) 169

Table 50: World Recent Past, Current and Future Analysis for
Metal Forming Tools by Product Segment - Punching & Shearing
Machines, Bending & Forming Machines, Metal Working Presses
and Miscellaneous Metal Forming Tools Independently Analyzed
by Annual Sales in US$ Million for the Years 2009 through 2017
(includes corresponding Graph/Chart) 170

Table 51: World Historic Review for Metal Forming Tools by
Product Segment - Punching & Shearing Machines, Bending &
Forming Machines, Metal Working Presses and Miscellaneous
Metal Forming Tools Independently Analyzed by Annual Sales in
US$ Million for the Years 2003 through 2008 (includes
corresponding Graph/Chart) 171

Table 52: World 15-Year Perspective for Metal Forming Tools by
Product Segment - Percentage Breakdown of Dollar Sales for
Punching & Shearing Machines, Bending & Forming Machines,
Metal Working Presses and Miscellaneous Metal Forming Tools
for the Year 2003, 2010 and 2017 (includes corresponding
Graph/Chart) 172

Table 53: World Recent Past, Current and Future Analysis for
Punching & Shearing Machines by Geographic Region/Country -
US, Canada, Japan, Europe, Asia-Pacific, Middle East / Africa
and Latin America Independently Analyzed by Annual Sales in
US$ Million for the Years 2009 through 2017 (includes
corresponding Graph/Chart) 173

Table 54: World Historic Review for Punching & Shearing
Machines by Geographic Region/ Country - US, Canada, Japan,
Europe, Asia-Pacific, Middle East/Africa and Latin America
Independently Analyzed by Annual Sales in US$ Million for the
Years 2003 through 2008 (includes corresponding Graph/Chart) 174

Table 55: World 15-Year Perspective for Punching & Shearing
Machines by Geographic Region/Country - Percentage Breakdown
of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific,
Middle East/Africa and Latin America for the Years 2003, 2010
and 2017 (includes corresponding Graph/Chart) 175

Table 56: World Recent Past, Current and Future Analysis for
Bending & Forming Machines by Geographic Region/Country - US,
Canada, Japan, Europe, Asia-Pacific, Middle East/Africa and
Latin America Independently Analyzed by Annual Sales in US$
Million for the Years 2009 through 2017 (includes
corresponding Graph/Chart) 176

Table 57: World Historic Review for Bending & Forming Machines
by Geographic Region / Country - US, Canada, Japan, Europe,
Asia-Pacific, Middle East/Africa and Latin America
Independently Analyzed by Annual Sales in US$ Million for the
Years 2003 through 2008 (includes corresponding Graph/Chart) 177

Table 58: World 15-Year Perspective for Bending & Forming
Machines by Geographic Region/Country - Percentage Breakdown
of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific,
Middle East/Africa and Latin America for the Years 2003, 2010
and 2017 (includes corresponding Graph/Chart) 178

Table 59: World Recent Past, Current and Future Analysis for
Metal Working Presses by Geographic Region/Country - US,
Canada, Japan, Europe, Asia-Pacific, Middle East/ Africa and
Latin America Independently Analyzed by Annual Sales in US$
Million for the Years 2009 through 2017 (includes
corresponding Graph/Chart) 179

Table 60: World Historic Review for Metal Working Presses by
Geographic Region/Country - US, Canada, Japan, Europe,
Asia-Pacific, Middle East/Africa and Latin America
Independently Analyzed by Annual Sales in US$ Million for the
Years 2003 through 2008 (includes corresponding Graph/Chart) 180

Table 61: World 15-Year Perspective for Metal Working Presses
by Geographic Region/ Country - Percentage Breakdown of Dollar
Sales for US, Canada, Japan, Europe, Asia-Pacific, Middle
East/Africa and Latin America for the Years 2003, 2010 and
2017 (includes corresponding Graph/Chart) 181

Table 62: World Recent Past, Current and Future Analysis for
Miscellaneous Metal Forming Tools by Geographic Region/Country-
US, Canada, Japan, Europe, Asia-Pacific, Middle East/Africa
and Latin America Independently Analyzed by Annual Sales in
US$ Million for the Years 2009 through 2017 (includes
corresponding Graph/Chart) 182

Table 63: World Historic Review for Miscellaneous Metal
Forming Tools by Geographic Region/Country - US, Canada,
Japan, Europe, Asia-Pacific, Middle East/Africa and Latin
America Independently Analyzed by Annual Sales in US$ Million
for the Years 2003 through 2008 (includes corresponding
Graph/Chart) 183

Table 64: World 15-Year Perspective for Miscellaneous Metal
Forming Tools by Geographic Region/Country - Percentage
Breakdown of Dollar Sales for US, Canada, Japan, Europe,
Asia-Pacific, Middle East/Africa and Latin America for the
Years 2003, 2010 and 2017 (includes corresponding Graph/Chart) 184

Table 65: World Recent Past, Current and Future Analysis for
Special Machine Tools by Geographic Region/Country - US,
Canada, Japan, Europe, Asia-Pacific, Middle East/ Africa and
Latin America Independently Analyzed by Annual Sales in US$
Million for the Years 2009 through 2017 (includes
corresponding Graph/Chart) 185

Table 66: World Historic Review for Special Machine Tools by
Geographic Region/Country - US, Canada, Japan, Europe,
Asia-Pacific, Middle East/Africa and Latin America
Independently Analyzed by Annual Sales in US$ Million for the
Years 2003 through 2008 (includes corresponding Graph/Chart) 186

Table 67: World 15-Year Perspective for Special Machine Tools
by Geographic Region/ Country - Percentage Breakdown of Dollar
Sales for US, Canada, Japan, Europe, Asia-Pacific, Middle
East/Africa and Latin America for the Years 2003, 2010 and
2017 (includes corresponding Graph/Chart) 187

Table 68: World Recent Past, Current and Future Analysis for
Special Machine Tools by Product Segment - Water Jet Machines,
Laser Machines, Electrochemical Machines, Electrical Discharge
Machines and Coordinate Measuring Machines Independently
Analyzed by Annual Sales in US$ Million for the Years 2009
through 2017 (includes corresponding Graph/Chart) 188

Table 69: World Historic Review for Special Machine Tools by
Product Segment - Water Jet Machines, Laser Machines,
Electrochemical Machines, Electrical Discharge Machines and
Coordinate Measuring Machines Independently Analyzed by Annual
Sales in US$ Million for the Years 2003 through 2008 (includes
corresponding Graph/Chart) 189

Table 70: World 15-Year Perspective for Special Machine Tools
by Product Segment - Percentage Breakdown of Dollar Sales for
Water Jet Machines, Laser Machines, Electrochemical Machines,
Electrical Discharge Machines and Coordinate Measuring
Machines for the Years 2003, 2010 and 2017 (includes
corresponding Graph/Chart) 190

Table 71: World Recent Past, Current and Future Analysis for
Water Jet Machines by Geographic Region/Country - US, Canada,
Japan, Europe, Asia-Pacific, Middle East/ Africa and Latin
America Independently Analyzed by Annual Sales in US$ Million
for the Years 2009 through 2017 (includes corresponding
Graph/Chart) 191

Table 72: World Historic Review for Water Jet Machines by
Geographic Region/Country - US, Canada, Japan, Europe,
Asia-Pacific, Middle East/Africa and Latin America
Independently Analyzed by Annual Sales in US$ Million for the
Years 2003 through 2008 (includes corresponding Graph/Chart) 192

Table 73: World 15-Year Perspective for Water Jet Machines by
Geographic Region/ Country - Percentage Breakdown of Dollar
Sales for US, Canada, Japan, Europe, Asia-Pacific, Middle
East/Africa and Latin America for the Years 2003, 2010 and
2017 (includes corresponding Graph/Chart) 193

Table 74: World Recent Past, Current and Future Analysis for
Laser Machines by Geographic Region/Country - US, Canada,
Japan, Europe, Asia-Pacific, Middle East/Africa and Latin
America Independently Analyzed by Annual Sales in US$ Million
for the Years 2009 through 2017 (includes corresponding
Graph/Chart) 194

Table 75: World Historic Review for Laser Machines by
Geographic Region/Country - US, Canada, Japan, Europe,
Asia-Pacific, Middle East/Africa and Latin America
Independently Analyzed by Annual Sales in US$ Million for the
Years 2003 through 2008 (includes corresponding Graph/Chart) 195

Table 76: World 15-Year Perspective for Laser Machines by
Geographic Region/Country - Percentage Breakdown of Dollar
Sales for US, Canada, Japan, Europe, Asia-Pacific, Middle
East/Africa and Latin America for the Years 2003, 2010 and
2017 (includes corresponding Graph/Chart) 196

Table 77: World Recent Past, Current and Future Analysis for
Electrochemical Machines by Geographic Region/ Country - US,
Canada, Japan, Europe, Asia-Pacific, Middle East/Africa and
Latin America Independently Analyzed by Annual Sales in US$
Million for the Years 2009 through 2017 (includes
corresponding Graph/Chart) 197

Table 78: World Historic Review for Electrochemical Machines
by Geographic Region/ Country - US, Canada, Japan, Europe,
Asia-Pacific, Middle East/Africa and Latin America
Independently Analyzed by Annual Sales in US$ Million for the
Years 2003 through 2008 (includes corresponding Graph/Chart) 198

Table 79: World 15-Year Perspective for Electrochemical
Machines by Geographic Region/ Country - Percentage Breakdown
of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific,
Middle East/Africa and Latin America for the Years 2003, 2010
and 2017 (includes corresponding Graph/Chart) 199

Table 80: World Recent Past, Current and Future Analysis for
Electrical Discharge Machines by Geographic Region/ Country -
US, Canada, Japan, Europe, Asia-Pacific, Middle East/ Africa
and Latin America Independently Analyzed by Annual Sales in
US$ Million for the Years 2009 through 2017 (includes
corresponding Graph/Chart) 200

Table 81: World Historic Review for Electrical Discharge
Machines by Geographic Region / Country - US, Canada, Japan,
Europe, Asia-Pacific, Middle East/Africa and Latin America
Independently Analyzed by Annual Sales in US$ Million for the
Years 2003 through 2008 (includes corresponding Graph/Chart) 201

Table 82: World 15-Year Perspective for Electrical Discharge
Machines by Geographic Region/Country - Percentage Breakdown
of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific,
Middle East/Africa and Latin America for the Years 2003, 2010
and 2017 (includes corresponding Graph/Chart) 202

Table 83: World Recent Past, Current and Future Analysis for
Coordinate Measuring Machines by Geographic Region/ Country -
US, Canada, Japan, Europe, Asia-Pacific, Middle East/Africa
and Latin America Independently Analyzed by Annual Sales in