Market Overview:
The global gantry 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 gantry milling machines from various end-use industries, such as aerospace, power generation, and industry. Additionally, the growing demand for 3-axis, 4-axis, 5-axis and other types of gantry milling machines is also propelling the growth of this market. However, factors such as high initial cost and lack of skilled labor are restraining the growth of this market.
Product Definition:
A gantry milling machine is a large, industrial machine used for precision milling of metal and other materials. The gantry system allows the workpiece to be moved in three dimensions, allowing for more complex shapes to be machined. Gantry mills are often used in heavy industry, aerospace engineering and other high-precision applications.
3-Axis:
3-axis machines are used to perform milling operations with high accuracy and repeatability. The machine can be used for cutting, drilling, grinding or turning in three orthogonal directions. It is widely applied in industries such as automotive & transportation, aerospace & defense and electronics where high tolerance on size/shape of parts is required along with complex geometries need to be machined.
4-Axis:
4-axis is a method to move the machine or tool in any four directions at once. It's used for milling, drilling, cutting and grinding etc. In Gantry Milling Machine it's used for moving work piece between stations using automated transfer system.
Application Insights:
The industry is segmented on the basis of application into aerospace, power generation, industry and others. The aerospace sector accounted for a major share in 2017 owing to increasing demand from passenger travel and military transport aircraft. Moreover, the growth of this sector is also dependent upon various government initiatives regarding commercial aviation development such as ¢â‚¬Å“Make In India¢â‚¬ policy by Indian Government which will boost domestic manufacturing over the next few years.
Industry application segmentation includes heavy machinery used in mining & construction industries for cutting materials including metal ores and rocks with high precision & efficiency. Increasing industrial output across developing countries such as China, India and Brazil has boosted market growth significantly over the recent past.
Regional Analysis:
Asia Pacific dominated the global gantry milling machine 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 for metal cutting machines from various end-use industries such as aerospace, automotive, power generation, etc. In addition, rising investments by governments in developing countries are anticipated to drive product demand over the next eight years. For instance; China’s 13th Five-Year Plan (2016 – 2020) has envisaged an investment of USD X trillion for machinery manufacturing sector which is likely to boost industry expansion rates in this region significantly.
North America accounted for a significant share owing to growing adoption of automation across numerous industrial applications including metal cutting and drilling operations that require high precision equipment with superior quality standards at competitive prices. Moreover, presence of major players such as CNC Tools Inc.; HSS Machine Tool Co., Ltd.; KHS GmbH & Co.
Growth Factors:
- Increasing demand for miniaturization in the electronics industry is expected to drive the growth of the Gantry Milling Machine market.
- The increasing use of 3D printing technology is also anticipated to fuel the demand for Gantry Milling Machines in the near future.
- Rising investments by governments and private players in research and development activities are likely to propel the growth of this market during the forecast period.
- Growing awareness about benefits offered by Gantry Milling Machines among small- and medium-scale enterprises is projected to boost this market’s growth rate in coming years.
- The increasing adoption of automation technologies across various industrial sectors is expected to create new opportunities for players operating in this market during the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Gantry Milling Machine Market Research Report
By Type
3-Axis, 4-Axis, 5-Axis, Others
By Application
Aerospace, Power Generation, Industry, Others
By Companies
Cincinnati Machines, KRC, DMG MORI, Toyoda, CLIMAX, Pietro Carnaghi, Haas, Kuhn Holding, Zimmermann, NICOLÁS CORREA, FIDIA
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
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Gantry Milling Machine Market Report Segments:
The global Gantry Milling Machine market is segmented on the basis of:
Types
3-Axis, 4-Axis, 5-Axis, Others
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
Aerospace, Power Generation, Industry, Others
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:
- Cincinnati Machines
- KRC
- DMG MORI
- Toyoda
- CLIMAX
- Pietro Carnaghi
- Haas
- Kuhn Holding
- Zimmermann
- NICOLÁS CORREA
- FIDIA
Highlights of The Gantry 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:
- 3-Axis
- 4-Axis
- 5-Axis
- Others
- By Application:
- Aerospace
- Power Generation
- Industry
- Others
- 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 Gantry 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand 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?
A gantry milling machine is a type of industrial robot used for the production of parts or components from a solid material. It uses a series of rotary cutting tools to create shapes from the material, typically by removing small pieces at a time.
Some of the major players in the gantry milling machine market are Cincinnati Machines, KRC, DMG MORI, Toyoda, CLIMAX, Pietro Carnaghi, Haas, Kuhn Holding, Zimmermann, NICOLS CORREA, FIDIA.
The gantry milling machine market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Gantry Milling Machine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Gantry Milling Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Gantry Milling Machine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Gantry Milling Machine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Gantry Milling Machine Market Size & Forecast, 2018-2028
4.5.1 Gantry Milling Machine Market Size and Y-o-Y Growth
4.5.2 Gantry Milling Machine Market Absolute $ Opportunity
Chapter 5 Global Gantry Milling Machine Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Gantry Milling Machine Market Size Forecast by Type
5.2.1 3-Axis
5.2.2 4-Axis
5.2.3 5-Axis
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Gantry Milling Machine Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Gantry Milling Machine Market Size Forecast by Applications
6.2.1 Aerospace
6.2.2 Power Generation
6.2.3 Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Gantry Milling Machine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Gantry Milling Machine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Gantry Milling Machine Analysis and Forecast
9.1 Introduction
9.2 North America Gantry Milling Machine Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Gantry Milling Machine Market Size Forecast by Type
9.6.1 3-Axis
9.6.2 4-Axis
9.6.3 5-Axis
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Gantry Milling Machine Market Size Forecast by Applications
9.10.1 Aerospace
9.10.2 Power Generation
9.10.3 Industry
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Gantry Milling Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Gantry Milling Machine Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Gantry Milling Machine Market Size Forecast by Type
10.6.1 3-Axis
10.6.2 4-Axis
10.6.3 5-Axis
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Gantry Milling Machine Market Size Forecast by Applications
10.10.1 Aerospace
10.10.2 Power Generation
10.10.3 Industry
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Gantry Milling Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Gantry Milling Machine Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Gantry Milling Machine Market Size Forecast by Type
11.6.1 3-Axis
11.6.2 4-Axis
11.6.3 5-Axis
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Gantry Milling Machine Market Size Forecast by Applications
11.10.1 Aerospace
11.10.2 Power Generation
11.10.3 Industry
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Gantry Milling Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Gantry Milling Machine Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Gantry Milling Machine Market Size Forecast by Type
12.6.1 3-Axis
12.6.2 4-Axis
12.6.3 5-Axis
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Gantry Milling Machine Market Size Forecast by Applications
12.10.1 Aerospace
12.10.2 Power Generation
12.10.3 Industry
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Gantry Milling Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Gantry Milling Machine Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Gantry Milling Machine Market Size Forecast by Type
13.6.1 3-Axis
13.6.2 4-Axis
13.6.3 5-Axis
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Gantry Milling Machine Market Size Forecast by Applications
13.10.1 Aerospace
13.10.2 Power Generation
13.10.3 Industry
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Gantry Milling Machine Market: Competitive Dashboard
14.2 Global Gantry Milling Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cincinnati Machines
14.3.2 KRC
14.3.3 DMG MORI
14.3.4 Toyoda
14.3.5 CLIMAX
14.3.6 Pietro Carnaghi
14.3.7 Haas
14.3.8 Kuhn Holding
14.3.9 Zimmermann
14.3.10 NICOLÁS CORREA
14.3.11 FIDIA
