World Machine Tools Markets

World Machine Tools Markets

This report analyzes the worldwide markets for Machine Tools in Millions of US$. The major product segments analyzed are 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), Special Machine Tools *Water Jet Machines, Laser Machines, Electrochemical Machines, Electrical Discharge Machines, & Coordinate Measuring Machines) The specific end-use segments discussed are Automobile, Aerospace/Defense, Non-Electric Machinery & Equipment, Electronics/Electrical Machinery & Equipment, 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 forecasts are provided for each region for the period of 2001 through 2015. A ten-year historic analysis is also provided for these markets with annual market analytics. The report profiles 934 companies including many key and niche players worldwide such as Agie Charmilles Management Ltd, Allied Machine & Engineering Corp, Amada Group of Companies, Amada America, Inc., Amada Cutting Technologies, Amada Co. Ltd, Cincinnati Milacron, Doosan Infracore Co. Ltd., FANUC Ltd., Giddings & Lewis Machine Tools LLC, Gildemeister Aktiengesellschaft, Gildemeister Italiana S.p.A., Hardinge Inc., Kennametal Inc., Makino Milling Machine Co. Ltd., Mori Seiki Company, Ltd., Okuma Corporation, Otto Bihler Maschinenfabrik GmbH & Co. KG, Shanghai Machine Tool Works, Sodick, Inc, Spinner Werkzeugmaschinenfabrik GmbH, TAJMAC - ZPS, a. s., Trumpf GmbH + Co. KG,. 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.

ONTENTS


I. INTRODUCTION, METHODOLOGY AND PRODUCT DEFINITIONS

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


II. EXECUTIVE SUMMARY

1. Machine Tools - An Introduction II-1
A Quick Market Primer II-1
Market Overview II-1
Modernization of Installation Bases Drive Demand in Developed
Countries II-2
Taiwan and South Korea - Potential Markets II-2
Electronic Equipment and Motor Vehicles Drive Demand II-2
Industry Supply Chain II-3
‘Capital Equipment Accelerator’ Effect II-3
‘Bullwhip’ Effect II-3
Why Machine Tools Industry? II-3
Journeying the Timeline of Development: A Case Study of the
US’ Machine Tool Industry II-3
A Vibrant Market for International Trade II-4

2. Current and Future Analysis II-5
Global Machine Tool Industry: A War of Titans! II-5
World’s Top Ten Machine Tool Markets for 2006: Countries
Ranked by Value of Production, Consumption, Import and
Export II-5
World’s Top Ten Machine Tool Markets for 2005: Countries
Ranked by Value of Production, Consumption, Import and
Export II-6
Growth Rates Slowing but Ongoing Capex in Asia Portends Strong
Sales II-6
Machine Tools Market Buoyed by Strong Industrial Climate II-6
Analysis by Product Category II-7
Analysis by End-Use Segment II-7
Major Emerging Markets II-7
China: The Dragon Marches Ahead II-7
Table 1: World Leading Markets for Machine Tools
(2001-2010): Consumption Ranked by Value Growth for China,
Japan, US, Germany, and Italy (includes corresponding
Graph/Chart) II-8
Machine Tool Production: Japan & Germany Retain Ranks while
Taiwan Outshines the US II-8
Table 2: Leading Producers of Machine Tools Worldwide (2006):
Top Ten Countries Ranked by Percentage Share of Production
Value - Japan, Germany, China, Italy, S. Korea, Taiwan,
United States, Switzerland, Spain, and France (includes
corresponding Graph/Chart) II-8
Machine Tool Imports: China Leads II-9
Table 3: Leading Importers of Machine Tools Worldwide (2006):
Top Ten Countries Ranked by Percentage Share of Import Value
- China, United States, S. Korea, Germany, Taiwan, Italy,
Mexico, France, Turkey, and United Kingdom (includes
corresponding Graph/Chart) II-9
Machine Tool Exports: Germany & Japan - The Battle for
Leadership Goes On II-9
Table 4: Leading Exporters of Machine Tools Worldwide (2006):
Top Ten Countries Ranked by Percentage Share Breakdown of
Export Value - Germany, Japan, Italy, Taiwan, Switzerland,
United States, S. Korea, China, United Kingdom, and Spain
(includes corresponding Graph/Chart) II-9

Table 5: World Machine Tools Market (2006): Percentage
Breakdown of Domestic Orders by Major Sector - General
Machinery, Automobile, Electrical Machinery, Precision
Machinery, and Others (includes corresponding Graph/Chart) II-10

Table 6: World Machine Tools Market (2006): Percentage
Breakdown of Domestic Orders by Region/Country - North
America, Europe, China, Other Asian Countries, and Others
(includes corresponding Graph/Chart) II-10

Table 7: Leading Exporters of Machine Tools for Working
Metal, Sintered Metal Carbides or Cermets (Without Removing
Metals) for 2005: Top Ten Countries Ranked by Percentage
Share of Export Value - Germany, Japan, Italy, US, Taiwan,
Switzerland, France, Austria, Belgium, Spain, and Others
(includes corresponding Graph/Chart) II-10

Table 8: Leading Exporters of Machine Tools for Working Metal
by Removing Metals or Other Materials for 2005: Top Ten
Countries Ranked by Percentage Share of Export Value - Japan,
Germany, US, Switzerland, Italy, Taiwan, UK, Belgium, Korea,
China, and Others (includes corresponding Graph/Chart) II-11

Table 9: Leading Importers of Machine Tools for Working
Metal, Sintered Metal Carbides or Cermets (Without Removing
Metals) for 2005: Top Ten Countries Ranked by Percentage
Share of Import Value - US, China, Mexico, Germany, France,
Italy, Canada, Spain, Thailand, Malaysia, South Korea, and
Others (includes corresponding Graph/Chart) II-11

Table 10: Leading Importers of Machine Tools for Working
Metal by Removing Metals or Other Materials for 2005: Top Ten
Countries Ranked by Percentage Share of Import Value - US,
Germany, China, Italy, France, South Korea, Taiwan, Mexico,
UK, Japan, Canada, Thailand, and Others (includes
corresponding Graph/Chart) II-12

3. Competitive Analysis II-13
Market Restraints in Metal Cutting Tools Industry II-13
High-Speed Steel Cutting Tools Market II-13
Table 11: Leading Players in the Global High-Speed Steel
Cutting Tools Market (2001-2005): Percentage Breakdown by
Value Sales for Sandvik, Kennametal, OSG Sossner, Ingersoll,
Kobe, Nachi, Hitachi, and Others (includes corresponding
Graph/Chart) II-13
Market Drivers in Laser Machine Tools Market II-14
Electrical Discharge Machine Tools Market II-14
Mitsubishi Steals the Stage II-14
Table 12: Mitsubishi’s Market Stance (2004): Consolidated
Revenue Shares for China, Japan, US and World Machine Tool
Markets (includes corresponding Graph/Chart) II-14
Electrochemical Machine Tools Market II-15
Table 13: Leading Players in the Global Electrochemical
Machine Tools Market (2001-2005): Percentage Breakdown of
Value Sales for Extrude Hone, APC Aerospecialty, Chuo
Seisakusho, Dynetics, 3CD Gradningsteknologi, Dubuis,
Anatronic, and Others (includes corresponding Graph/Chart) II-15
Water Jet Machine Tools Market II-16
Table 14: Leading Players in the Global Water Jet Machine
Tools Market (2001-2005): Percentage Breakdown by Value Sales
for Flow International, OMAX, Technicut Waterjet, ESAB,
Bystronic, Sugino, and Others (includes corresponding
Graph/Chart) II-16
Coordinate Measuring Machine Tools Market II-17
Table 15: Leading Players in the Global Coordinate Measuring
Machine Tools Market (2001-2005): Percentage Breakdown by
Value Sales for Brown & Sharpe, Wenzel Prazision, Mitutoyo
America, LK Limited, International Metrology Systems, and
Others (includes corresponding Graph/Chart) II-17

4. Market Trends II-18
Multi Tasking Machines Gear Up to Revolutionize Machine Tool
Dynamics II-18
A Macro Shift to Micro Machining Tools II-18
‘Cutting’ the Frills II-18
Retrofit Market Keeps CNC Sales Alive II-18
Flexible Manufacturing Catching Impetus II-19
Globalization Dents Industry’s Profitability II-19
Scaling Down Smaller Enterprises II-19
Bar Fed Machining Centers Gain Rapid Acceptance II-19
Two Offset Numbers become Norm in Machining Center Programs II-19
Silicon Carbide (SiC) Cutting Tools become a Rage II-20
Environmental Concerns Spur Innovations in Cutting Tools II-20
‘Intelligent’ Threat Brewing II-20

5. Machine Tools Industry - An Overview II-21
The Indispensable Commodity II-21
Tooling Up for Better Business II-21
Machining the Finer Edges of Business Game II-21
Better Tools Imply Better Business II-22
Shift to Asia Strains MT Makers’ Margins Across World II-22
Declining Profitability - A Major Issue II-22
‘Controls’ is a Thriving Business II-22
Factors Affecting The Machine Tool Market II-22
Micro Economic Factors II-22
Macro Economic Factors II-23
Product Quality II-23
Product Reliability II-23
Product Capability II-23
Product Customization II-23
Internal Sourcing II-24
From Tooling. II-24
To Pooling II-24
Funds Crunch II-24
Price II-25
Consumer Awareness II-25
Developing Products Together with their Users II-25
Customer Service and Support II-25
Technological Competence II-26
Rapid Changes in Technology II-26
HSK - The New Tooling Standard II-26
Applications of HSK Technology II-27
Economic Conditions II-27
Performance of End-User Industries II-28
Targeting End-Users II-28
Short Lead Times II-28
New Age Materials II-29
Replacement: An Added Cost II-29

6. Product Overview II-30
Machine Tools II-30
Commercial Use of Machine Tools: A Historical Retrospective II-30
Metal Cutting Machine Tools II-30
Structure of Metal Cutting Tool II-30
Cutting Methods II-31
Major Categories of Tools II-31
Rotary Cutting Tools II-31
Carbide Cutting Tools II-31
Stamping Die II-32
Types of Metal Cutting Machine Tools II-32
Boring & Drilling Machines II-32
Gear Cutting Machines II-32
Grinding, Honing, Lapping, Polishing & Buffing Machines II-32
CNC Grinding Machines II-32
Lathes II-33
Types of Lathes II-33
CNC Lathes II-33
Milling Machines II-33
Major Components II-34
Body of the Milling Machines II-34
Length of Cut II-34
Helix Angle II-34
Land II-34
Diameter II-35
End Teeth II-35
CNC Milling Machines II-35
Center Cutting and Non Center Cutting Milling Machines II-35
Machining Centers II-35
Horizontal CNC Machining Centers II-36
Vertical CNC Machining Centers II-36
Station Type Machines II-36
Miscellaneous Metal Cutting Tools II-36
Metal Forming Machine Tools II-36
Types of Metal Forming Machine Tools II-36
Punching & Shearing Tools II-37
Bending & Forming Tools II-37
‘Bending’ Vs ‘Forming’ II-37
Metal Working Presses II-37
Miscellaneous Metal Forming Tools II-37
Special Machine Tools II-38
Water Jet and Laser Machines II-38
Electrochemical Machines II-38
Electrical Discharge Machines II-38
Die-Sink EDMs II-39
Wire-Cut EDMs II-40
Die-Sink Machines Vs Wire-Cut Machines II-40
Technology Boosts the Special Machine Tools’ Demand Further II-40
Coordinate Measuring Machines II-40
Market Segmentation by Machine Price and Precision II-41
High-End Machine Tool Market II-41
A Controlled Market II-41
Achieving Precision the Laser Way II-41
Mid-Range Machine Tool Market II-42
Low-End Machine Tool Market II-42

7. End Use Markets II-43
Reading the Market Pulse II-43
Importance of Tracking End Use Trends II-43
End User Trends worth Noting for the Machine Tool Industry II-44
Categorization of End-Use Industries II-44
Automotive Industry II-44
Demand for Machine Tools gets Heavier with Rising Demand for
Lighter Components II-45
Other Demand Drivers II-45
Issues and Trends II-45
Overcapacity - A Regional Market Perspective II-45
Europe - An Industrial Slowdown Exposes Excess Capacity Levels II-45
Consolidation - Growth Through Shrinkage II-45
Auto-IT Nexus - Big Money Online II-46
Automotive Electronics - An Emerging Phenomenon II-46
The Future is “Green” II-46
Aerospace/Defense Industry II-46
Aircraft Industry II-46
Leading Markets II-47
Trends II-47
Non-Electric Machinery and Equipment Industry II-48
Agricultural Implements & Machinery II-48
Trends II-48
Replacement Demand Drives Growth in Developed Countries II-48
Farm Mechanization - Increasingly Widespread II-48
Farm Consolidation - Order of the Day II-49
Utility Performance and Automation - Prime Factors II-49
Food Processing Machinery and Equipment II-49
Food Processing - An Industry in Transition II-49
Food Processing Machinery Industry - Highly Fragmented II-50
Demand Drivers II-50
Industry Highlights II-50
Construction Equipment II-50
Primary Factors Influencing the Industry II-51
Packaging Machinery II-51
Packaging Machinery: A Healthy and Mature Market II-51
Package Dynamics Propel Machine Tool Sales II-52
Woodworking Machinery II-52
Electronics/Electrical Machinery and Equipment Industry II-52
Major Appliance Business II-53
Small Appliance Market II-53
Others II-53
Oilfield Industry II-53
Medical Industry II-53

8. Historic Review II-54
A Snapshot of Global Machine Tools Market (2002 Vs 2001): A
Major Shakeout II-54
Market Size II-55
Consumption by Region II-55
Consumption by Product Category II-55
Consumption by End-Use Segment II-55

9. Product Introductions/Innovations II-56
Hardinge Launches the New Gearless Rotary System II-56
Hardinge Unveils Direct-Drive Super-Precision Technology II-56
Bridgeport Unveils GX 1000 Vertical Machining Center II-56
Hardinge Launches SV-Series CNC Turning Centers II-56
Bridgeport Introduces GX 1000 B Boxway VMC II-57
Hardinge Launches Bearing Spindle Indexer II-57
MCR-H (Hyper), the Futuristic Double Column Machining Center II-57
Okuma Launches SPACE TURN EX Series, the Improved Version of
CNC Lathes II-57
Climax Portable Machine Tools Launches LM6000 Portable Linear
Mill II-58
SANDVIK Coromant Unveils CoroDrill 880 Drilling Machine II-58
POWER Machinery Introduces Shark 332 CNC FE Electrohydraulic
Sawing Machine II-58
Mori Seiki Launches NV1500 DCGl1 Vertical Machine II-58
Walter Launches Indexable Inserts for Ball Nose Cutters and
Xtratec Face Milling Centers II-59
Mori Seiki Co. Ltd. Rolls Out NV1500 DCG II-59
Hardinge Introduces Hardinge-Bridgeport VMC760XP3 II-59
Amada Introduces the new HFA 530 Band Saw Machine II-59
Mori Seiki Unveils NH8000 DCG II-60
GM Unveils Agile Machine Tool - Pushing CNC Capabilities
Beyond Flexible Limits II-60
Hardinge Inc. Introduces E-series CNC Lathes II-60
Okuma Develops World’s First Collision Avoidance System II-60
TRUMPF Introduces TRUMATIC 3000 LASERPRESS II-61
Hardinge Inc. Introduces TALENT 10/78 and 8/52A Lathes II-61
Mori Seiki Co. Ltd. Launches NH8000 DCG II-62
Yamazaki Mazak Exhibits Multitasking Machines at Touch the
Future 2004 II-62
TRUMPF Introduces TLF 6000 Laser for Flatbed Laser Cutting
Machines II-62
Okuma Develops MULTUS B300 II-63
TRUMPF Launches TKF 1100-0 Beveller II-63

10. Product Introductions/Innovations in the Recent Past II-64

Mori Seiki Launches New Horizontal and Vertical
Machining Centers II-64
Hardinge Inc. Launches Quest® with HydroGlide™ II-64
Makino Milling’s New Machining Centers II-65
SANDVIK Coromant Introduces CoroMill 790 Al-cutter II-65
New Arrow Series 2 VMC-1250C from Cincinnati Machine II-65
Kellenberger Introduces Kel-Vista 600 II-65
Kennametal Introduces Metal Cutting Industry's Fastest
Indexing System II-65
TRUMPF Introduces The TRUMATIC 2010 Rotation 2002-01-31 II-66
Impaco Launches New Model of Microfinishing Machine II-66
Hansco Releases Digma II-66
Heller Rolls out MCT Twin-Spindle Machining Centers II-66
Mon Seiki Launches NV5000 Vertical Machining Center II-66
Daewoo Releases DMV 4020 II-67
Breton Unveils Innovative Designs in Vertical Machining Centers II-67
Melchiorre Launches ELC Series II-67
Allied Machine Introduces T-A Drilling System II-67
Methods Introduces RoboDrill B Space Saver Machining Center II-67
Hansco Introduces DIGMA "Cheetah" II-68
Hansco Introduces High-Pressure/High-Precision Vises II-68
Hansco Introduces New Performance Technology II-68
M4 High Speed Graphite Machining Center of Hansco II-68
Hansco Introduces DMU 60 L Series II-68
Hansco Re-Introduces Schaublin Machines Instrument and Tool
Room Lathes II-69
Hansco Introduces GS: I Internal Grinding Machines II-69
BFW Unveils New CNC Vertical Machining Center II-69
Hansco Releases EP Line of NC/CNC Grinding Machines II-69
YCI Introduces FV102A II-70
Fadal Releases New Feature for Machining Centers II-70
BP and BMP Series of Horizontal Boring and Milling Machines of
Hansco II-70
Bridgeport Introduces FGC 1000 Flexible Grinding Center II-70
Mazak Introduces Integrex e-1060V II-70
Whitehouse Releases New Sliding Head Lathes II-71
William Watts Unveils Supermax FV56A II-71
Pennine Launches PV Range of Turn/Mill/Drill Centers II-71
Spinner Unveils CNC Lathes II-71
Kellenberger Introduces Kel-Varia Super-Precision CNC
Cylindrical Grinding Machine II-71
Makino Releases A55E II-72

11. Recent Industry Activity II-73
Gildemeister Completes Acquisition of WKZ II-73
Kennametal Acquires KENCI II-73
B&B Tools Acquires Jarnet i Nybro II-73
Karolin Machine Tool Acquires La Decoupe SA II-73
Kennametal Acquires Purity Metal and International Specialty II-73
Kennametal Acquires Cutting Tool Business from Federal Signal II-73
Kyocera and Kennametal Announce Partnership II-74
TRUMPF Establishes Machine Tools Subsidiary II-74
Ditzingen and JENOPTIK to Establish a Joint Venture Company II-74
Konecranes Completes Acquisition of Two Scandinavian MTS
Companies II-74
Dean Smith Establishes MCON UK, a Precision Milling Machines
Division II-75
CNC Machine Tools Enters into an Agreement with Pacer Systems II-75
PartMaker and Mori Seiki Enter into Partnership for
Programming Solutions II-75
TAL Collaborates with European Firms for Improved
Technological Solutions II-75
KMT Lidkoping Inks Agreement with SKF II-76
Mori Seiki Partners with Mitsui for Overseas Machine Tools
Operations II-76
UCAM Inks Joint Venture Agreement with Rosa Ermando SpA II-76
KMT Group Acquires Service Firm AquaForce II-76
KMT Enters into an Agreement with SKF II-76
MAG Takes Over Machine Tool Manufacturer II-77
Mori Seiki Establishes a New Business Firm II-77
Colonial Takes Over Advance Cutting II-77
Indústrias Romi Enters into an Agreement with ACE II-77
Metris Completes the Acquisition of Coord3 II-78
HBD Completes Acquisition of Precision Metal II-78
Voestalpine Acquires Majority Stake in Two German Companies II-78
Batliboi Completes the Acquisition of Quickmill II-78
Sandvik Completes the Acquisition of Hydramatic II-79
Compact Acquires DOC Assets II-79
WuXi KaiYuan Machine Tools Inks Deal with Timken II-79
TRUMPF Acquires Sales Associate II-79
Methods Machine Tools Partners with Hwacheon Machinery II-79
Japan Fuji Machine Divests from Chinese Subsidiary II-80
Doosan Infracore Expands International Operations II-80
AddisonMckee Canada Acquires Mechtron Innovations II-80
Cutting Tools Brands to Merge Operations II-80
AVIC I Acquires Dongfang Machine Tool II-81
Han’s Laser Enters Joint Venture with Shenyang Machine Tools II-81
Jyoti CNC Acquires European Tools Manufacturing Company II-81
Jana Partners and Sany Corp Enter Bid to Acquire Shenyang Machine II-81
Citizen Watch Co Partners with Miyano Machinery II-81
Morgan Stanley Acquires Chinese Machine Tool Producer II-81
Yamazaki Mazak Invests in New Plant II-82
M&S Manufacturing Company Divests Business II-82
Kennametal Opens New Manufacturing Unit in Asia Pacific II-82
Makino Milling Expands Production Capacity II-82
Mori Seiki Establishes new Plant in Japan II-82
Mori Seiki Expands Chinese Operations II-82
Mori Seiki invests 2 Billion Yen in New Plant II-83
Kennametal Establishes New Facility II-83
Kennametal Inc. Acquires Sintec Group II-83
Renold Divests Machine Tool Unit II-83
Karolin Machine Tool Acquires Aqua-Dyne II-83
Kennametal Takes Over VMB/Diva-Tec Group II-84
Skoda Machine Tool Enters Joint Venture in Russia II-84
TRUMPF Establishes New Subsidiary in Russia II-84
Mazak Establishes New Facility in the US II-84
Mori Seiki Takes Over DIXI Machines II-84
Star Cutter Takes Over Northern Tool II-85
Berkshire Hathaway Acquires Iscar Metalworking II-85
Bruderer UK Acquires Metal Stamping-Related Companies II-85
KMT Acquires H2O Jet and Robotic Production II-85
Sandvik Acquires UDR Group II-85
Sandvik Acquires Implementos Mineros II-86
SKF Takes Over Precision Balancing II-86
SKF Acquires SNFA SAS II-86
Karolin Enters into a Divestiture Agreement with Avalon Plus II-86
Sandvik Completes Acquisition of Hagby-Asahi II-87
Maxcor Acquires Ex-Cell-O II-87
Skoda Machine to Form Joint Venture with Ulyanovsk and STANKO
IMPEX II-87
600 Machine Tools Enters into Partnership with Mitsui Seiki II-87
Synova to Establish Maiden Micro-Machining Center II-87
Micromatic Grinding Technologies Opens New Plant in Ghaziabad II-88
Methods Machine Tools Enters into Partnership with Toyoda
Machinery II-88
Power Air and Mid States Tool Ink an Agreement II-88
Mercury Castings Enters into a Deal with Manitowoc and Polaris II-88
Climax and Hyundai Enter into a Cooperative Agreement II-88
iCarbon Corp Acquires Classifier Milling Systems II-89
Mori Seiki Joins Hands with Ellison Technologies II-89
Nicolás Correa Merges with Industrias Anayak II-89
StarragHeckert Acquires SIP and its Subsidiaries II-89
Flotek Acquires Two Drilling Tool Companies in the US II-90
Horkos Establishes Subsidiary for Machine Tool After-Service
in France II-90
Riello Acquires Tri-Way Manufacturing Technologies II-90
Maxcor Acquires Metal Cutting Group from ThyssenKrupp II-90
Maxcor Acquires Cincinnati Lamb II-90
Doosan Group Acquires Daewoo II-90
Shenyang Builds on Yunnan’s Market Leadership II-91
Dalian Machine Tool Group Buys Zimmermann AG II-91
CPMT Partners with Uddcomb II-91
Agie Charmilles Merges Research and Production of EDMs II-91
Nachi Fujikoshi Enrolls Aircraft Biggies for ‘Christmas Tree
Forms Broach’ II-91
Mori Seiki Expands Presence in European Market II-92
Walter Ups Stake in Walter Tecno Util II-92
Kennametal Acquires Extrude Hone Corporation II-92
Ajax’ Bolt-on Acquisition - A Fair Deal to SEMCO’s Clientele II-92
Spanish Machine Tools Makers Plan Merger II-92
Toyoda Extends Ties with Koyo Seiko II-92
Amada Ties Up with Alibre to Deliver 3-D Technology II-92
TOS Sets Foot into China II-93
Skoda MT Bags Orders worth CZK 700 Million II-93
FANUC Inaugurates Nagoya Sales Branch and Nagoya Service Branch II-93
Shenyang in a Recompensing Move II-93
Shenyang Machine Tools’ Acquisition Spree Going Strong II-93
Hardinge Pockets Bridgeport’s Sales & Service Operations II-94
Walter’s Acquisition Spree Going Strong II-94
Turkish Machine Tool Vendor Roped in for Machine Tool Supply
for Iraq II-94
Kovosvit MAS, TOS Varnsdorf and Hameco in a Manufacturing Tie-up II-94
MHI Expands Presence in the Chinese Market II-94
GE Fanuc Automation Europe De-Merges II-95
Horkos Lines Up $8.2 Million for New Assembly Plant II-95
MIT to Divest Machine Tools II-95
Karolin Machine Tool Snaps up Ingersoll-Rand’s Waterjet
Operations II-95
Fanuc and Mitsui in a Russian Venture II-95
UK CNC Lathes Sales to Expand in Germany II-96
Unova Streamlines Industrial Automation Systems’ Capabilities II-96

12. Strategic Corporate Developments in Recent Past II-97

Mori Seiki Acquires Hitachi II-97
Uralmash Signs Contract with Alta II-97
Mori Seiki Establishes UK Technical Center II-97
Prime Technology Acquired by Method Machine II-97
Lead Machine and Sachman Ink an Agreement II-97
Hindustan Machine Tools Inks Pact with Nigeria Machine Tools II-98
Ikegai Forges Partnership with Shin Nippon II-98
Danabat Partners with Craig for Selling Latest Machine Tools II-98
IMTMA and Satyam Enter into Partnership II-98
Kovosvit Earns Contract from Excel II-98
Parker Staves off its Commercial Metal Forming Business to
Blue Point II-98

13. Focus on Select Global Players II-99
Agie Charmilles Management Ltd (Switzerland) II-99
Allied Machine & Engineering Corp (US) II-99
Amada Group of Companies (Japan) II-99
Amada America Inc. (US) II-99
Amada Cutting Technologies (US) II-100
Amada Co. Ltd (Japan) II-100
Cincinnati Automation & Test (US) II-100
Doosan Infracore Co. Ltd. (South Korea) II-100
FANUC Ltd. (Japan) II-101
Giddings & Lewis Machine Tools LLC (US) II-101
Gildemeister Aktiengesellschaft (Germany) II-102
Gildemeister Italiana S.p.A. (Italy) II-102
Hardinge Inc. (US) II-102
Kennametal Inc (US) II-103
Makino Milling Machine Co. Ltd. (Japan) II-103
Mori Seiki Company, Ltd. (Japan) II-104
Okuma Corporation (Japan) II-104
Otto Bihler Maschinenfabrik GmbH & Co. KG (Germany) II-104
Shanghai Machine Tool Works (China) II-105
Sodick, Inc (US) II-105
Spinner Werkzeugmaschinenfabrik GmbH (Germany) II-106
TAJMAC - ZPS, a. s. (Czech Republic) II-106
Trumpf GmbH + Co. KG (Germany) II-106
Walter AG (Germany) II-106
Yamazaki Mazak Corporation (Japan) II-107

14. Global Market Perspective II-108
Table 16: 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 2001 through 2010 (includes corresponding
Graph/Chart) II-108

Table 17: World Long-Term Projections 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 2011 through 2015 (includes corresponding Graph/Chart) II-109

Table 18: 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 1991 through 2000 (includes corresponding Graph/Chart) II-110

Table 19: World 20-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 1991, 1997, 2007
and 2010 (includes corresponding Graph/Chart) II-111

Table 20: 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 2001 through 2010 (includes corresponding
Graph/Chart) II-112

Table 21: World Long-Term Projections 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 2011 through 2015 (includes corresponding Graph/Chart) II-113

Table 22: 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 2001 through 2010 (includes
corresponding Graph/Chart) II-114

Table 23: World Long-Term Projections 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 2011 through 2015 (includes corresponding Graph/Chart) II-115

Table 24: 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 1991 through 2000 (includes corresponding Graph/Chart) II-116

Table 25: 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 1991 through 2000 (includes corresponding Graph/Chart) II-117

Table 26: World 20-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 1991, 1997, 2007
and 2010 (includes corresponding Graph/Chart) II-118

Table 27: World 20-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 1991, 1997,
2007 and 2010 (includes corresponding Graph/Chart) II-119

Table 28: 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 2001 through 2010 (includes
corresponding Graph/Chart) II-120

Table 29: World Long-Term Projections 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 2011 through 2015 (includes corresponding Graph/Chart) II-121

Table 30: 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 1991 through 2000 (includes corresponding Graph/Chart) II-122

Table 31: World 20-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 1991, 1997,
2007 and 2010 (includes corresponding Graph/Chart) II-123

Table 32: 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 2001 through 2010 (includes
corresponding Graph/Chart) II-124

Table 33: World Long-Term Projections 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 2011 through 2015 (includes corresponding Graph/Chart) II-125

Table 34: 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 1991 through 2000 (includes corresponding Graph/Chart) II-126

Table 35: World 20-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 1991, 1997, 2007
and 2010 (includes corresponding Graph/Chart) II-127

Table 36: World Recent Past, Current and Future Analysi sfor
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 2001 through 2010 (includes corresponding Graph/Chart) II-128

Table 37: World Long-Term Projections 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 2011 through 2015 (includes
corresponding Graph/Chart) II-129

Table 38: 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 1991 through 2000 (includes
corresponding Graph/Chart) II-130

Table 39: World 20-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 1991, 1997, 2007 and 2010
(includes corresponding Graph/Chart) II-131

Table 40: 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 2001 through 2010 (includes corresponding Graph/Chart) II-132

Table 41: World Long-Term Projections 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 2011 through 2015
(includes corresponding Graph/Chart) II-133

Table 42: 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 1991 through 2000
(includes corresponding Graph/Chart) II-134

Table 43: World 20-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 1991, 1997, 2007 and 2010
(includes corresponding Graph/Chart) II-135

Table 44: 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 2001 through 2010 (includes corresponding
Graph/Chart) II-136

Table 45: World Long-Term Projections 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 2011 through 2015 (includes corresponding Graph/Chart) II-137

Table 46: 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 1991 through 2000 (includes corresponding Graph/Chart) II-138

Table 47: World 20-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 1991, 1997, 2007
and 2010 (includes corresponding Graph/Chart) II-139

Table 48: 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 2001 through 2010 (includes corresponding
Graph/Chart) II-140

Table 49: World Long-Term Projections 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 2011 through 2015 (includes corresponding Graph/Chart) II-141

Table 50: 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 1991 through 2000 (includes corresponding Graph/Chart) II-142

Table 51: World 20-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 1991, 1997, 2007
and 2010 (includes corresponding Graph/Chart) II-143

Table 52: 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 2001 through 2010 (includes
corresponding Graph/Chart) II-144

Table 53: World Long-Term Projections 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 2011 through 2015 (includes corresponding Graph/Chart) II-145

Table 54: 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 1991 through 2000 (includes corresponding Graph/Chart) II-146

Table 55: World 20-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 1991, 1997, 2007
and 2010 (includes corresponding Graph/Chart) II-147

Table 56: 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 2001 through 2010 (includes
corresponding Graph/Chart) II-148

Table 57: World Long-Term Projections 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 2011 through 2015 (includes corresponding
Graph/Chart) II-149

Table 58: 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 1991 through 2000 (includes corresponding
Graph/Chart) II-150

Table 59: World 20-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 1991, 1997, 2007 and 2010 (includes corresponding
Graph/Chart) II-151

Table 60: 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 2001 through 2010 (includes corresponding
Graph/Chart) II-152

Table 61: World Long-Term Projections 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 2011 through 2015 (includes corresponding Graph/Chart) II-153

Table 62: 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 2001 through 2010
(includes corresponding Graph/Chart) II-154

Table 63: World Long-Term Projections 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 2011 through 2015 (includes
corresponding Graph/Chart) II-154

Table 64: 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 1991 through 2000 (includes corresponding Graph/Chart) II-155

Table 65: 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 1991 through 2000 (includes
corresponding Graph/Chart) II-155

Table 66: World 20-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 1991, 1997, 2007
and 2010 (includes corresponding Graph/Chart) II-156

Table 67: World 20-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 Years 1991, 1997, 2007 and 2010 (includes
corresponding Graph/Chart) II-157

Table 68: 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 2001 through 2010 (includes
corresponding Graph/Chart) II-158

Table 69: World Long-Term Projections 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 2011 through 2015 (includes corresponding Graph/Chart) II-159

Ta