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Machine Tools Market Size to Attain USD 139.69 Billion By 2032

The machine tools market size is poised to grow by $ 139.69 billion by 2032 from $ 82.9 Billion in 2022, exhibiting a CAGR of 5.9% during the forecast period 2023-2032. 

Machine Tools Market Size 2023 to 2032

 

The main objective of this report is to define, describe, and forecast the global market by types, application, manufacturers, and regions. The report provides detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market. The report aims to strategically analyze the micro markets with respect to individual growth trends, prospects, and contributions to the global market. The report also attempts to forecast the market size of the 5 main regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It strategically profiles the key market players and comprehensively analyzes their core competencies. It also tracks and analyzes competitive developments, such as joint ventures, mergers and acquisitions, new developments, and Research and Development (R&D) activities, in market.

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COVID-19 Impact

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the electric vehicle fuel cell market in 2020.

COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.

The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.

Major companies operating in this area

  • Doosan Corporation
  • AMADA Co., Ltd.
  • CHIRON Group SE
  • DMG MORI
  • Georg Fischer Ltd.
  • HYUNDAI WIA CORP.
  • JTEKT
  • Okuma Corporation
  • Komatsu Ltd.

Market Segmentation

By Type

  • Laser Machines
  • Lathe Machines
  • Milling Machines
  • Grinding Machines
  • Welding Machines
  • Winding Machines
  • Others

By Application

  • Construction Equipment
  • Automotive
  • Aerospace & Defense
  • Power & Energy
  • Industrial
  • Others

By Technology

  • Computer Numerical Control (CNC)
  • Conventional

By Geography

  • North America
      • U.S.
      • Canada
  • Europe
      • Germany
      • France
      • United Kingdom
      • Rest of Europe
  • Asia Pacific
      • China
      • Japan
      • India
      • Southeast Asia
      • Rest of Asia Pacific
  • Latin America
      • Brazil
      • Rest of Latin America
  • Middle East & Africa (MEA)
      • GCC
      • North Africa
      • South Africa
      • Rest of Middle East & Africa

Major highlights of Report:

  • Figures related to sales volume, market remuneration, and segmental shares
  • Featuring market dynamics
  • Growth prospects and expansion graph
  • PROCON study of direct & indirect sales channels
  • Profiles of prominent traders, dealer, and distributors in the industry

Geographical landscape: North America, Europe, Asia-Pacific, South America, Middle East and Africa

  • Industry forecasts based on region and at country level
  • Data about sales volume recorded, industry share held, and profit margins amassed
  • Overall remuneration and estimated growth rate for each regional market

Major Key Points Covered in Report:

Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.

Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.

Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Machine Tools Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Machine Tools Market

5.1. Covid-19: Machine Tools Industry Impact
5.2. Machine Tools Business Impact Assessment: Covid-19
5.2.1. Supply Chain Challenges/Disruption
5.2.2. Market Trends and Machine Tools Opportunities in the COVID-19 Landscape
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Machine Tools Manufacturers to deal with Covid-19 Pandemic Scenario

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition

Chapter 7. Global Machine Tools Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Machine Tools Market Revenue by Manufacturer (2017-2020)
7.1.1.2. Machine Tools Market Revenue Market Share by Manufacturer (2017-2020)
7.1.1.3. Machine Tools Market Production by Manufacturer (2017-2020)
7.1.1.4. Machine Tools Market Production Share by Manufacturer (2017-2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Capacity Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers

Chapter 8. Global Machine Tools Market, By Product Type

8.1. Machine Tools Market, by Product Type, 2017-2030
8.1.1. Laser Machines
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.1.2. Market Production and Forecast (2017-2030)
8.1.2. Lathe Machines
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.2.2. Market Production and Forecast (2017-2030)
8.1.3. Milling Machines
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.3.2. Market Production and Forecast (2017-2030)
8.1.4. Grinding Machines
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.4.2. Market Production and Forecast (2017-2030)
8.1.5. Welding Machines
8.1.5.1. Market Revenue and Forecast (2017-2030)
8.1.5.2. Market Production and Forecast (2017-2030)
8.1.6. Winding Machines
8.1.6.1. Market Revenue and Forecast (2017-2030)
8.1.6.2. Market Production and Forecast (2017-2030)

Chapter 9. Global Machine Tools Market, By Application

9.1. Machine Tools Market, by Application, 2017-2030
9.1.1. Construction Equipment
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.1.2. Market Consumption and Forecast (2017-2030)
9.1.2. Automotive
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.2.2. Market Consumption and Forecast (2017-2030)
9.1.3. Aerospace & Defense
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.3.2. Market Consumption and Forecast (2017-2030)
9.1.4. Power & Energy
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.4.2. Market Consumption and Forecast (2017-2030)
9.1.5. Industrial
9.1.5.1. Market Revenue and Forecast (2017-2030)
9.1.5.2. Market Consumption and Forecast (2017-2030)

Chapter 10. Global Machine Tools Market, By Technology

10.1. Machine Tools Market, by Technology, 2017-2030
10.1.1. CNC
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.1.2. Market Consumption and Forecast (2017-2030)
10.1.2. Conventional
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.2.2. Market Consumption and Forecast (2017-2030)

Chapter 11. Global Machine Tools Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue and Production Forecast by Product (2017-2030)
11.1.2. Market Revenue and Consumption Forecast by Application (2017-2030)
11.1.3. Market Revenue and Consumption Forecast by Technology (2017-2030)
11.1.4. U.S
11.1.4.1. Market Revenue and Production Forecast (2017-2030)
11.1.4.2. Market Revenue and Consumption Forecast (2017-2030)
11.1.5. Canada
11.1.5.1. Market Revenue and Production Forecast (2017-2030)
11.1.5.2. Market Revenue and Consumption Forecast (2017-2030)
11.2. Europe
11.2.1. Market Revenue and Production Forecast by Product (2017-2030)
11.2.2. Market Revenue and Consumption Forecast by Application (2017-2030)
11.2.3. Market Revenue and Consumption Forecast by Technology (2017-2030)
11.2.4. UK
11.2.4.1. Market Revenue and Production Forecast (2017-2030)
11.2.4.2. Market Revenue and Consumption Forecast (2017-2030)
11.2.5. Germany
11.2.5.1. Market Revenue and Production Forecast (2017-2030)
11.2.5.2. Market Revenue and Consumption Forecast (2017-2030)
11.2.6. France
11.2.6.1. Market Revenue and Production Forecast (2017-2030)
11.2.6.2. Market Revenue and Consumption Forecast (2017-2030)
11.2.7. Rest of EU
11.2.7.1. Market Revenue and Production Forecast (2017-2030)
11.2.7.2. Market Revenue and Consumption Forecast (2017-2030)
11.3. Asia Pacific (APAC)
11.3.1. Market Revenue and Production Forecast by Product (2017-2030)
11.3.2. Market Revenue and Consumption Forecast by Application (2017-2030)
11.3.3. Market Revenue and Consumption Forecast by Technology (2017-2030)
11.3.4. China
11.3.4.1. Market Revenue and Production Forecast (2017-2030)
11.3.4.2. Market Revenue and Consumption Forecast (2017-2030)
11.3.5. India
11.3.5.1. Market Revenue and Production Forecast (2017-2030)
11.3.5.2. Market Revenue and Consumption Forecast (2017-2030)
11.3.6. Japan
11.3.6.1. Market Revenue and Production Forecast (2017-2030)
11.3.6.2. Market Revenue and Consumption Forecast (2017-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Production Forecast (2017-2030)
11.3.7.2. Market Revenue and Consumption Forecast (2017-2030)
11.4. LATAM
11.4.1. Market Revenue and Production Forecast by Product (2017-2030)
11.4.2. Market Revenue and Consumption Forecast by Application (2017-2030)
11.4.3. Market Revenue and Consumption Forecast by Technology (2017-2030)
11.4.4. Brazil
11.4.4.1. Market Revenue and Production Forecast (2017-2030)
11.4.4.2. Market Revenue and Consumption Forecast (2017-2030)
11.4.5. Rest of LATAM
11.4.5.1. Market Revenue and Production Forecast (2017-2030)
11.4.5.2. Market Revenue and Consumption Forecast (2017-2030)
11.5. Middle East and Africa (MEA)
11.5.1. Market Revenue and Production Forecast by Product (2017-2030)
11.5.2. Market Revenue and Consumption Forecast by Application (2017-2030)
11.5.3. Market Revenue and Consumption Forecast by Technology (2017-2030)
11.5.4. GCC
11.5.4.1. Market Revenue and Production Forecast (2017-2030)
11.5.4.2. Market Revenue and Consumption Forecast (2017-2030)
11.5.5. North Africa
11.5.5.1. Market Revenue and Production Forecast (2017-2030)
11.5.5.2. Market Revenue and Consumption Forecast (2017-2030)
11.5.6. South Africa
11.5.6.1. Market Revenue and Production Forecast (2017-2030)
11.5.6.2. Market Revenue and Consumption Forecast (2017-2030)
11.5.7. Rest of MEA
11.5.7.1. Market Revenue and Production Forecast (2017-2030)
11.5.7.2. Market Revenue and Consumption Forecast (2017-2030)

Chapter 12. Company Profiles

12.1. Doosan Corporation
12.1.1. Company Overview, Business Information, Manufacturing Area
12.1.2. Product Portfolio Analysis
12.1.2.1. Product Details, Specification, Application
12.1.3. Revenue, Production Capacity, Price and Gross Margin (2017-2020)
12.1.4. Recent Developments and Strategies
12.2. AMADA Co., Ltd.
12.2.1. Company Overview, Business Information, Manufacturing Area
12.2.2. Product Portfolio Analysis
12.2.2.1. Product Details, Specification, Application
12.2.3. Revenue, Production Capacity, Price and Gross Margin (2017-2020)
12.2.4. Recent Developments and Strategies
12.3. CHIRON Group SE
12.3.1. Company Overview, Business Information, Manufacturing Area
12.3.2. Product Portfolio Analysis
12.3.2.1. Product Details, Specification, Application
12.3.3. Revenue, Production Capacity, Price and Gross Margin (2017-2020)
12.3.4. Recent Developments and Strategies
12.4. DMG MORI
12.4.1. Company Overview, Business Information, Manufacturing Area
12.4.2. Product Portfolio Analysis
12.4.2.1. Product Details, Specification, Application
12.4.3. Revenue, Production Capacity, Price and Gross Margin (2017-2020)
12.4.4. Recent Developments and Strategies
12.5. Georg Fischer Ltd.
12.5.1. Company Overview, Business Information, Manufacturing Area
12.5.2. Product Portfolio Analysis
12.5.2.1. Product Details, Specification, Application
12.5.3. Revenue, Production Capacity, Price and Gross Margin (2017-2020)
12.5.4. Recent Developments and Strategies
12.6. HYUNDAI WIA CORP.
12.6.1. Company Overview, Business Information, Manufacturing Area
12.6.2. Product Portfolio Analysis
12.6.2.1. Product Details, Specification, Application
12.6.3. Revenue, Production Capacity, Price and Gross Margin (2017-2020)
12.6.4. Recent Developments and Strategies
12.7. JTEKT
12.7.1. Company Overview, Business Information, Manufacturing Area
12.7.2. Product Portfolio Analysis
12.7.2.1. Product Details, Specification, Application
12.7.3. Revenue, Production Capacity, Price and Gross Margin (2017-2020)
12.7.4. Recent Developments and Strategies
12.8. Okuma Corporation
12.8.1. Company Overview, Business Information, Manufacturing Area
12.8.2. Product Portfolio Analysis
12.8.2.1. Product Details, Specification, Application
12.8.3. Revenue, Production Capacity, Price and Gross Margin (2017-2020)
12.8.4. Recent Developments and Strategies
12.9. Komatsu Ltd.
12.9.1. Company Overview, Business Information, Manufacturing Area
12.9.2. Product Portfolio Analysis
12.9.2.1. Product Details, Specification, Application
12.9.3. Revenue, Production Capacity, Price and Gross Margin (2017-2020)
12.9.4. Recent Developments and Strategies
12.10. Makino
12.10.1. Company Overview, Business Information, Manufacturing Area
12.10.2. Product Portfolio Analysis
12.10.2.1. Product Details, Specification, Application
12.10.3. Revenue, Production Capacity, Price and Gross Margin (2017-2020)
12.10.4. Recent Developments and Strategies

Chapter 13. Research Methodology

13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions

Chapter 14. Appendix

14.1. About Us
14.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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