Market Overview:
The global copy milling machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for copy milling machines from various industries such as automobile, shipping, and equipment manufacturing. Additionally, the growing demand for miniaturized components is also fueling the growth of this market. However, factors such as high initial investment and lack of skilled labor are restraining the growth of this market. On basis on type, vertical milling machines are expected to hold a larger share in global copy milling machine market during forecast period due to their ability to produce high-quality components with tight tolerances.
Product Definition:
Copy milling machine is used to produce duplicate parts from a given workpiece. It is also used to produce the same shape and size of workpieces with very high accuracy.
Vertical Milling Machine:
Vertical milling machine is used to cut the material in a vertical plane. It uses a horizontal cutting head, which is mounted on an assembly known as the spindle. The spindle can be driven by various power sources such as electric motors and hydraulic motors. These mills are widely used for metal cutting applications in industries such as automotive, aerospace & defense, electronics and others where high precision and quality are required.
Horizontal Milling Machine:
Horizontal milling machine is used to cut the workpiece by moving the table in horizontal direction. It is one of the most common ways to produce multiple cuts required for producing complicated shapes from large pieces of metal or other materials. The material being milled can be held in any position (vertical, 45 degrees, and horizontal) and can be fed from either side.
Application Insights:
Automotive application segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. Automobiles are manufactured by assembling various components such as engine, transmission, body structure, electronics, and tires. The equipment used in automotive manufacturing includes numerous types of copy machines such as vertical milling machine and horizontal mergers.
The shipping industry is also anticipated to witness significant growth over the forecast period owing to increasing demand for transportation services across various regions including North America & Europe. The rising need for logistics companies or forwarders to reduce costs while improving service quality will drive this industry further during the estimated time frame. Equipment manufacturing sector was another prominent segment accounting for a considerable market share in 2017 due to growing industrialization especially in developing countries like China India etcetera). In addition, rapid urbanization coupled with technological advancements has increased production needs which will boost product demand further during estimated time frame.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from countries such as China, Japan, South Korea, India and Taiwan. These countries are involved in various activities including manufacturing of automobiles, electronics products and components as well as ships equipment.
The Asia Pacific has a large number of manufacturers who offer their services across all industries including aerospace & defense industry for milling machines installation or maintenance purposes. This is mainly due to growing demand from end-users for high-quality parts with reduced time & cost while maintaining required quality standards at production levels during assembly operations or after completion of a product cycle.
Growth Factors:
- Increasing demand for high quality and precision products from the automotive and aerospace industries is expected to drive the growth of the copy milling machine market.
- The increasing use of 3D printing technology in various end-use industries is also projected to fuel the demand for copy milling machines over the next few years.
- Rising investments by key players in research and development activities is likely to result in innovative product launches, which will subsequently boost the growth of this market during the forecast period.
- The growing popularity of CNC machining among small-scale businesses is anticipated to create new opportunities for players operating in this market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Copy Milling Machine Market Research Report
By Type
Vertical Milling Machine, Horizontal Milling Machine
By Application
Automobile Industry, Shipping Industry, Equipment Manufacturing Industry, Other
By Companies
MAG, Schuler, Doosan, MAKINO, HYUNDAI WIA, Gleason Corporation, INDEX, Milacron, CHIRON Werke, GILDEMEISTER energy solutions
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Copy Milling Machine Market Report Segments:
The global Copy Milling Machine market is segmented on the basis of:
Types
Vertical Milling Machine, Horizontal Milling Machine
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automobile Industry, Shipping Industry, Equipment Manufacturing Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- MAG
- Schuler
- Doosan
- MAKINO
- HYUNDAI WIA
- Gleason Corporation
- INDEX
- Milacron
- CHIRON Werke
- GILDEMEISTER energy solutions
Highlights of The Copy Milling Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Vertical Milling Machine
- Horizontal Milling Machine
- By Application:
- Automobile Industry
- Shipping Industry
- Equipment Manufacturing Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Copy Milling Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Copy milling machine is a type of CNC machining center that can be used to produce copies of parts from a CAD model. The machine uses rotary motion and cutting tools to create the desired shape from a block of material.
Some of the major players in the copy milling machine market are MAG, Schuler, Doosan, MAKINO, HYUNDAI WIA, Gleason Corporation, INDEX, Milacron, CHIRON Werke, GILDEMEISTER energy solutions.
The copy milling machine market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Copy Milling Machine Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Copy Milling Machine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Copy Milling Machine Market - Supply Chain
4.5. Global Copy Milling Machine Market Forecast
4.5.1. Copy Milling Machine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Copy Milling Machine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Copy Milling Machine Market Absolute $ Opportunity
5. Global Copy Milling Machine Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Copy Milling Machine Market Size and Volume Forecast by Type
5.3.1. Vertical Milling Machine
5.3.2. Horizontal Milling Machine
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Copy Milling Machine Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Copy Milling Machine Market Size and Volume Forecast by Application
6.3.1. Automobile Industry
6.3.2. Shipping Industry
6.3.3. Equipment Manufacturing Industry
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Copy Milling Machine Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Copy Milling Machine Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Copy Milling Machine Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Copy Milling Machine Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Copy Milling Machine Demand Share Forecast, 2019-2029
9. North America Copy Milling Machine Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Copy Milling Machine Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Copy Milling Machine Market Size and Volume Forecast by Application
9.4.1. Automobile Industry
9.4.2. Shipping Industry
9.4.3. Equipment Manufacturing Industry
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Copy Milling Machine Market Size and Volume Forecast by Type
9.7.1. Vertical Milling Machine
9.7.2. Horizontal Milling Machine
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Copy Milling Machine Demand Share Forecast, 2019-2029
10. Latin America Copy Milling Machine Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Copy Milling Machine Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Copy Milling Machine Market Size and Volume Forecast by Application
10.4.1. Automobile Industry
10.4.2. Shipping Industry
10.4.3. Equipment Manufacturing Industry
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Copy Milling Machine Market Size and Volume Forecast by Type
10.7.1. Vertical Milling Machine
10.7.2. Horizontal Milling Machine
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Copy Milling Machine Demand Share Forecast, 2019-2029
11. Europe Copy Milling Machine Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Copy Milling Machine Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Copy Milling Machine Market Size and Volume Forecast by Application
11.4.1. Automobile Industry
11.4.2. Shipping Industry
11.4.3. Equipment Manufacturing Industry
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Copy Milling Machine Market Size and Volume Forecast by Type
11.7.1. Vertical Milling Machine
11.7.2. Horizontal Milling Machine
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Copy Milling Machine Demand Share, 2019-2029
12. Asia Pacific Copy Milling Machine Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Copy Milling Machine Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Copy Milling Machine Market Size and Volume Forecast by Application
12.4.1. Automobile Industry
12.4.2. Shipping Industry
12.4.3. Equipment Manufacturing Industry
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Copy Milling Machine Market Size and Volume Forecast by Type
12.7.1. Vertical Milling Machine
12.7.2. Horizontal Milling Machine
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Copy Milling Machine Demand Share, 2019-2029
13. Middle East & Africa Copy Milling Machine Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Copy Milling Machine Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Copy Milling Machine Market Size and Volume Forecast by Application
13.4.1. Automobile Industry
13.4.2. Shipping Industry
13.4.3. Equipment Manufacturing Industry
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Copy Milling Machine Market Size and Volume Forecast by Type
13.7.1. Vertical Milling Machine
13.7.2. Horizontal Milling Machine
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Copy Milling Machine Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Copy Milling Machine Market: Market Share Analysis
14.2. Copy Milling Machine Distributors and Customers
14.3. Copy Milling Machine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. MAG
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Schuler
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Doosan
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. MAKINO
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. HYUNDAI WIA
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Gleason Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. INDEX
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Milacron
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CHIRON Werke
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. GILDEMEISTER energy solutions
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook