Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Metal Working Machinery Market by Type (Metal Drilling Machines, Metal Boring and Milling Machines, Metal Tapping and Threading Machines, Metal Grinding Machines, Metal Forging, Die-Stamping and Bending Machines, Metal Broaching Machines, Others), By Application (Automobile Manufacturing, Precision Machinery, Electrical Equipment, Metal Products, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Metal Working Machinery Market by Type (Metal Drilling Machines, Metal Boring and Milling Machines, Metal Tapping and Threading Machines, Metal Grinding Machines, Metal Forging, Die-Stamping and Bending Machines, Metal Broaching Machines, Others), By Application (Automobile Manufacturing, Precision Machinery, Electrical Equipment, Metal Products, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 282006 4200 Machinery & Equipment 377 197 Pages 4.7 (46)
                                          

Market Overview:


The global metal working machinery market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for precision machinery and electrical equipment from the automotive and aerospace industries, respectively. Asia Pacific is expected to be the fastest-growing region in terms of revenue during the forecast period, followed by Europe.


Global Metal Working Machinery Industry Outlook


Product Definition:


Metal working machinery is a type of industrial equipment that is used to shape or cut metal. This type of machinery can include lathes, mills, grinders and drills. Metal working machinery is important because it allows manufacturers to create the parts and components that are necessary for producing finished products.


Metal Drilling Machines:


Metal drilling machines are used to drill, bore, cut and shape metal parts in various industries such as automotive, construction equipment industry and aerospace. Metal drilling machines are also known as milling machines or turning centers. The global metal drilling machine market is expected to witness significant growth over the forecast period owing to increasing demand from end-user industries such as aerospace &automotive industry.


Metal Boring and Milling Machines:


Metal boring and milling machines are used in metal working machinery for various operations such as drilling, reaming, cutting slots or notches, etc. Metal working machinery is used to manufacture automotive components (such as chassis), household appliances (such as refrigerators and washing machines), industrial equipment (such as drill press or grinding machine) and other metal products. The demand for the product is expected to witness growth over the forecast period owing to increasing production of automobiles globally.


Application Insights:


Automotive manufacturing was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The automotive industry has been growing significantly across various regions, which has resulted in an increased demand for metal working machinery. This trend is projected to continue over the next few years, thereby benefitting the overall market growth.


Precision machinery was another significant application segment accounting for a share of 15% in 2017 owing to increasing use of these machines in precision engineering applications such as medical equipment and scientific research equipment among others. Increasing R&D activities are also expected to contribute towards higher product demand from this sector over the forecast period.


The global market by region is segregated into North America, Europe, Asia Pacific.


Regional Analysis:


Asia Pacific metal working machinery market is expected to grow at the highest CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing demand for tapping and threading machines in the region. The growth can be attributed to rising investments by prominent players in developing countries such as China, India, Japan, and Korea for expanding their production capabilities with high automation levels.


The Asia Pacific was followed by Europe which accounted for a revenue share of 24.2% in 2017 on account of well-established automotive manufacturing industry base in Germany, France, Italy, Spain along with other Eastern European countries that are anticipated to drive regional product demand over the forecast period.


Growth Factors:


  • Increasing demand for metalworking machinery from the automotive and aerospace industries
  • Rising demand for customized metalworking machinery
  • Growing popularity of CNC machines among small and medium-sized businesses
  • Proliferation of digital technologies in the metalworking industry
  • Emergence of new players in the global metalworking machinery market

Scope Of The Report

Report Attributes

Report Details

Report Title

Metal Working Machinery Market Research Report

By Type

Metal Drilling Machines, Metal Boring and Milling Machines, Metal Tapping and Threading Machines, Metal Grinding Machines, Metal Forging, Die-Stamping and Bending Machines, Metal Broaching Machines, Others

By Application

Automobile Manufacturing, Precision Machinery, Electrical Equipment, Metal Products, Other

By Companies

Hurco, Hardinge, Kennametal, MAG Giddings & Lewis, Amada, DMG Mori Seiki, Shenyang Machine Tool

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

197

Number of Tables & Figures

138

Customization Available

Yes, the report can be customized as per your need.


Global Metal Working Machinery Market Report Segments:

The global Metal Working Machinery market is segmented on the basis of:

Types

Metal Drilling Machines, Metal Boring and Milling Machines, Metal Tapping and Threading Machines, Metal Grinding Machines, Metal Forging, Die-Stamping and Bending Machines, Metal Broaching Machines, 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

Automobile Manufacturing, Precision Machinery, Electrical Equipment, Metal Products, 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:

  1. Hurco
  2. Hardinge
  3. Kennametal
  4. MAG Giddings & Lewis
  5. Amada
  6. DMG Mori Seiki
  7. Shenyang Machine Tool

Global Metal Working Machinery Market Overview


Highlights of The Metal Working Machinery Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Metal Drilling Machines
    2. Metal Boring and Milling Machines
    3. Metal Tapping and Threading Machines
    4. Metal Grinding Machines
    5. Metal Forging, Die-Stamping and Bending Machines
    6. Metal Broaching Machines
    7. Others
  1. By Application:

    1. Automobile Manufacturing
    2. Precision Machinery
    3. Electrical Equipment
    4. Metal Products
    5. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Metal Working Machinery 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
  • Identifying Appropriate Advertising Appeals

Global Metal Working Machinery Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Metalworking machinery is a category of industrial equipment used to produce metal parts by cutting, shaping, and welding.

Some of the major players in the metal working machinery market are Hurco, Hardinge, Kennametal, MAG Giddings & Lewis, Amada, DMG Mori Seiki, Shenyang Machine Tool.

The metal working machinery 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 Metal Working Machinery 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 Metal Working Machinery Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Metal Working Machinery 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 Metal Working Machinery 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 Metal Working Machinery Market Size & Forecast, 2018-2028       4.5.1 Metal Working Machinery Market Size and Y-o-Y Growth       4.5.2 Metal Working Machinery Market Absolute $ Opportunity

Chapter 5 Global Metal Working Machinery 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 Metal Working Machinery Market Size Forecast by Type
      5.2.1 Metal Drilling Machines
      5.2.2 Metal Boring and Milling Machines
      5.2.3 Metal Tapping and Threading Machines
      5.2.4 Metal Grinding Machines
      5.2.5 Metal Forging
      5.2.6  Die-Stamping and Bending Machines
      5.2.7 Metal Broaching Machines
      5.2.8 Others
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Metal Working Machinery 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 Metal Working Machinery Market Size Forecast by Applications
      6.2.1 Automobile Manufacturing
      6.2.2 Precision Machinery
      6.2.3 Electrical Equipment
      6.2.4 Metal Products
      6.2.5 Other
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Metal Working Machinery 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 Metal Working Machinery 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 Metal Working Machinery Analysis and Forecast
   9.1 Introduction
   9.2 North America Metal Working Machinery 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 Metal Working Machinery Market Size Forecast by Type
      9.6.1 Metal Drilling Machines
      9.6.2 Metal Boring and Milling Machines
      9.6.3 Metal Tapping and Threading Machines
      9.6.4 Metal Grinding Machines
      9.6.5 Metal Forging
      9.6.6  Die-Stamping and Bending Machines
      9.6.7 Metal Broaching Machines
      9.6.8 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 Metal Working Machinery Market Size Forecast by Applications
      9.10.1 Automobile Manufacturing
      9.10.2 Precision Machinery
      9.10.3 Electrical Equipment
      9.10.4 Metal Products
      9.10.5 Other
   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 Metal Working Machinery Analysis and Forecast
   10.1 Introduction
   10.2 Europe Metal Working Machinery 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 Metal Working Machinery Market Size Forecast by Type
      10.6.1 Metal Drilling Machines
      10.6.2 Metal Boring and Milling Machines
      10.6.3 Metal Tapping and Threading Machines
      10.6.4 Metal Grinding Machines
      10.6.5 Metal Forging
      10.6.6  Die-Stamping and Bending Machines
      10.6.7 Metal Broaching Machines
      10.6.8 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 Metal Working Machinery Market Size Forecast by Applications
      10.10.1 Automobile Manufacturing
      10.10.2 Precision Machinery
      10.10.3 Electrical Equipment
      10.10.4 Metal Products
      10.10.5 Other
   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 Metal Working Machinery Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Metal Working Machinery 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 Metal Working Machinery Market Size Forecast by Type
      11.6.1 Metal Drilling Machines
      11.6.2 Metal Boring and Milling Machines
      11.6.3 Metal Tapping and Threading Machines
      11.6.4 Metal Grinding Machines
      11.6.5 Metal Forging
      11.6.6  Die-Stamping and Bending Machines
      11.6.7 Metal Broaching Machines
      11.6.8 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 Metal Working Machinery Market Size Forecast by Applications
      11.10.1 Automobile Manufacturing
      11.10.2 Precision Machinery
      11.10.3 Electrical Equipment
      11.10.4 Metal Products
      11.10.5 Other
   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 Metal Working Machinery Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Metal Working Machinery 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 Metal Working Machinery Market Size Forecast by Type
      12.6.1 Metal Drilling Machines
      12.6.2 Metal Boring and Milling Machines
      12.6.3 Metal Tapping and Threading Machines
      12.6.4 Metal Grinding Machines
      12.6.5 Metal Forging
      12.6.6  Die-Stamping and Bending Machines
      12.6.7 Metal Broaching Machines
      12.6.8 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 Metal Working Machinery Market Size Forecast by Applications
      12.10.1 Automobile Manufacturing
      12.10.2 Precision Machinery
      12.10.3 Electrical Equipment
      12.10.4 Metal Products
      12.10.5 Other
   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) Metal Working Machinery Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Metal Working Machinery 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) Metal Working Machinery Market Size Forecast by Type
      13.6.1 Metal Drilling Machines
      13.6.2 Metal Boring and Milling Machines
      13.6.3 Metal Tapping and Threading Machines
      13.6.4 Metal Grinding Machines
      13.6.5 Metal Forging
      13.6.6  Die-Stamping and Bending Machines
      13.6.7 Metal Broaching Machines
      13.6.8 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) Metal Working Machinery Market Size Forecast by Applications
      13.10.1 Automobile Manufacturing
      13.10.2 Precision Machinery
      13.10.3 Electrical Equipment
      13.10.4 Metal Products
      13.10.5 Other
   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 Metal Working Machinery Market: Competitive Dashboard
   14.2 Global Metal Working Machinery Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Hurco
      14.3.2 Hardinge
      14.3.3 Kennametal
      14.3.4 MAG Giddings & Lewis
      14.3.5 Amada
      14.3.6 DMG Mori Seiki
      14.3.7 Shenyang Machine Tool

Our Trusted Clients

Contact Us