1. Market Research
  2. > Manufacturing
  3. > Industrial Equipment Market Trends
  4. > Machine Tool and Equipment

Machine Tools & Equipments: Top Market Reports

  • Currently 0/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
0 vote

Machine Tools & Equipment Market Analysis

Machine tools and equipment manufacturers provide the industrial equipment and technology for producing machines used by many other manufacturing and service industries.Their primary function is metal working. Examples include drill presses, lathes, grinding machines and multitasking machines that combine turning, milling, grinding and material handling. Most modern machine tools are automated. The USA is one of the world’s largest markets for machinery and also one of the largest suppliers of machine tools and equipment.

Key Market Segments

Important market segments for machine tools and equipment include:

Manufacturers of agricultural machinery used to grow, process, package, transport, and distribute food and beverages. Increasing demand for agricultural produce due to global population increase and technologically advanced machinery are likely to drive the global market for agricultural machinery to $122.9 billionin the short term and thus boost the market for machine tools for this industry.

Manufacturers of construction machinery include heavy trucks, road paving and earth-moving machinery, tractors, bulldozers and cranes. Caterpillar is one of the largest construction machinery manufacturers with more than $28 billion in sales.

Mining machinery includes bulldozers and backhoes, crushers, feeders and gravel pumps and other equipment for gold mining, gemstone mining, metal mining and mineral mining. Increasing mining activities in developing countries among other factors is likely to drive the market to more than $100billion in the foreseeable future and so to increase the market for machine tools and equipment.

Manufacturing machinery coverstools and equipment that find application in manufacturing industries such as automotive, aerospace and medical devices. It includes machine tools for cutting, stamping and forming metals, plastics and rubber manufacturing machinery and a wide range of cutting tools, dies and accessories.

Regional Market Shares

The world’s largest machine tool markets based on consumption are China, the USA, Germany and other Asian countries.

China is one of the world’s largest machine tool markets, both as a producing and consuming country. Purchases of machine tools in this country exceed $31 billion. Expansion in the country’s industrial machinery and transportation equipment industries is likely to drive the market for new machine tools in the short term.

In the USA machine tools area more than $8billion industry. The USA machine tools and equipment manufacturing industries are also strong and consistent exporters to neighboring markets like Canada and Mexico.

Germany, due to increasing purchases primarily from the automotive, plastic products, and aircraft and spacecraft industries is a more than $6 billion industry, making it one of the largest markets for machine tools.

The emergence of Asian countries in terms of economic growth and their keen interest in developing local manufacturing is fuelling investments in the development of their domestic machine tool industry. As a consequence, robust growth is seen in this industry in the developing countries, particularly in Taiwan and South Korea.

Market Outlook

Key trends in the machine tools and equipment business include:

Read more »

Share

You might be interested in these related markets:

24/7 Customer Support

Talk to Sam

+1 646 893 5945

1-10 of about 2200 reports

Global Pumping Machinery And Equipment Markets

  • May 2017
    106 pages
  • Pumping Machine...  

    Pump  

    Industrial Cont...  

  • World  

    Africa  

    India  

View report >

The future of the Pumping Machinery And Equipment Industry in the US

  • September 2017
    10 pages
  • Pumping Machine...  

  • United States  

    United Kingdom  

View report >

Machine Tool Statistics in Europe

  • October 2017
    44 pages
  • Machine Tool  

  • Europe  

    World  

View report >

Pumping Machinery And Equipment Statistics in Japan

  • September 2017
    6 pages
  • Turbine  

    Pumping Machine...  

    Manufacturing  

  • Japan  

View report >

Machine Tool And Equipment Markets in France

  • January 2016
    6 pages
  • Machine Tool An...  

  • France  

    Europe  

View report >

Compressor And Hydraulic Equipment Statistics in Italy

  • March 2017
    9 pages
  • Compressor And ...  

  • Italy  

    World  

    Europe  

View report >

Machine Tool And Equipment Supply in the UK

  • June 2017
    8 pages
  • Machine Tool An...  

    Pumping Machine...  

  • United Kingdom  

View report >

Pumping Machinery And Equipment Supply in Canada

  • January 2016
    6 pages
  • Pumping Machine...  

  • Canada  

View report >

Machine Tool Industry in Russian Federation

  • October 2016
    31 pages
  • Machine Tool  

  • Russian Federat...  

View report >

Search in Machine Tool And Equipment Industry (About 2200 reports)
Parent industry: Industrial Equipment
Related industries: Mechanics and Part

About 2100 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 75 - $ 19129)

3D Metrology Market: Global Forecast until 2023

  • $ 5650
  • Industry report
  • September 2017
  • by MarketsandMarkets

“Increasing demand for quality control and inspection to drive the growth of the 3D metrology market” The 3D metrology market is expected to grow from USD 11.28 billion in 2017 to USD 17.05 billion ...

Non-Destructive Testing Market: Global Forecast until 2 ...

January 2017 $ 5650

Eddy Current Testing Market: Global Forecast until 2022

August 2016 $ 5650

NDT Services Market: Global Forecast until 2022

August 2016 $ 5650

Non-Destructive Testing and Inspection Market: Global F ...

August 2017 $ 5650

Aircraft Sensors Market: Global Forecast until 2022

August 2017 $ 5650

CNC Controller Market: Global Forecast until 2023

June 2017 $ 5650

Micro-Electro-Mechanical Systems Market: Global Forecas ...

May 2017 $ 5650

Top 10 Power Generation Technologies: Global Forecast u ...

March 2017 $ 5650

Aircraft Hydraulic System Market: Global Forecast until ...

February 2017 $ 5650

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.