The global vertical machining centers market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for machining centers in various industries such as machinery manufacturing industry, vehicle engineering industry, and aerospace manufacturing industry.
The global vertical machining centers market has been segmented on the basis of type into lospeed type and high-speed type; on the basis of application into machinery manufacturing industry, vehicle engineering industry, and aerospace manufacturing industry; and on the basis of region into North America, Latin America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA). The machinery manufacturing industry accounted for a major share in 2017 owing to its wide usage in various industries such as automotive sector which is one of the largest end-user industries for these machines.
Some Of The Growth Factors Of This Market:
- The increasing demand for machined parts in the automotive industry is driving the growth of the vertical machining centers market.
- The increasing demand for machined parts in the aerospace and defense industry is also driving the growth of this market.
- The increasing use of automation in manufacturing processes is also a major factor that drives this market's growth.
- Increasing investments by governments and private companies to develop new technologies are also contributing to this market's growth, as they help manufacturers improve their production efficiency and reduce costs associated with labor-intensive processes such as turning, milling, drilling, etc, which are typically performed on horizontal machines or manual operations on workbenches or tables with hand tools such as saws, drills, etc, which require more time and effort than automated processes do to complete a given task or operation on a part or component being manufactured by these machines or equipment used for these purposes; thus reducing manufacturing costs while improving quality control over production output at an increased rate than what would be possible if these tasks were performed manually without any automation involved in them at all (e.g., using only human labor).
- Increasing adoption rates of vertical machining centers among small-to-medium enterprises (SMEs) due to their lower cost per unit produced compared to horizontal machines.
Industry Growth Insights published a new data on “Vertical Machining Centers Market”. The research report is titled “Vertical Machining Centers Market research by Types (Low-speed Type, High-speed Type), By Applications (Machinery Manufacturing Industry, Vehicle Engineering Industry, Aerospace Manufacturing Industry, Others), By Players/Companies GFMS, Hermle, Alzmetall, Chiron, Mazak, DMG MORI, Makino, SPINNER, Okuma, JTEKT, STAMA, Fadal, MECAL, Hardinge, Emmegi, FOM Industrie, HAAS, CB Ferrari, FIDIA, Hurco, Schaublin, YCM, AWEA, Accuway, SMTCL, JFMT, DMTG, Hanland, RIFA, BYJC”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vertical Machining Centers Market Research Report
By Type
Low-speed Type, High-speed Type
By Application
Machinery Manufacturing Industry, Vehicle Engineering Industry, Aerospace Manufacturing Industry, Others
By Companies
GFMS, Hermle, Alzmetall, Chiron, Mazak, DMG MORI, Makino, SPINNER, Okuma, JTEKT, STAMA, Fadal, MECAL, Hardinge, Emmegi, FOM Industrie, HAAS, CB Ferrari, FIDIA, Hurco, Schaublin, YCM, AWEA, Accuway, SMTCL, JFMT, DMTG, Hanland, RIFA, BYJC
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Vertical Machining Centers Market Report Segments:
The global Vertical Machining Centers market is segmented on the basis of:
Types
Low-speed Type, High-speed Type
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
Machinery Manufacturing Industry, Vehicle Engineering Industry, Aerospace Manufacturing 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:
- GFMS
- Hermle
- Alzmetall
- Chiron
- Mazak
- DMG MORI
- Makino
- SPINNER
- Okuma
- JTEKT
- STAMA
- Fadal
- MECAL
- Hardinge
- Emmegi
- FOM Industrie
- HAAS
- CB Ferrari
- FIDIA
- Hurco
- Schaublin
- YCM
- AWEA
- Accuway
- SMTCL
- JFMT
- DMTG
- Hanland
- RIFA
- BYJC
Highlights of The Vertical Machining Centers 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:
- Low-speed Type
- High-speed Type
- By Application:
- Machinery Manufacturing Industry
- Vehicle Engineering Industry
- Aerospace Manufacturing 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 Vertical Machining Centers 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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- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
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?
Vertical machining centers are machines that use rotary motion to cut parts from a piece of metal or other material. They are used in industries such as aerospace, automotive, and medical equipment.
Some of the major players in the vertical machining centers market are GFMS, Hermle, Alzmetall, Chiron, Mazak, DMG MORI, Makino, SPINNER, Okuma, JTEKT, STAMA, Fadal, MECAL, Hardinge, Emmegi, FOM Industrie, HAAS, CB Ferrari, FIDIA, Hurco, Schaublin, YCM, AWEA, Accuway, SMTCL, JFMT, DMTG, Hanland, RIFA, BYJC.
The vertical machining centers market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vertical Machining Centers 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. Vertical Machining Centers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vertical Machining Centers Market - Supply Chain
4.5. Global Vertical Machining Centers Market Forecast
4.5.1. Vertical Machining Centers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vertical Machining Centers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vertical Machining Centers Market Absolute $ Opportunity
5. Global Vertical Machining Centers 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. Vertical Machining Centers Market Size and Volume Forecast by Type
5.3.1. Low-speed Type
5.3.2. High-speed Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vertical Machining Centers 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. Vertical Machining Centers Market Size and Volume Forecast by Application
6.3.1. Machinery Manufacturing Industry
6.3.2. Vehicle Engineering Industry
6.3.3. Aerospace Manufacturing Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vertical Machining Centers 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. Vertical Machining Centers 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 Vertical Machining Centers 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. Vertical Machining Centers 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 Vertical Machining Centers Demand Share Forecast, 2019-2026
9. North America Vertical Machining Centers 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 Vertical Machining Centers 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 Vertical Machining Centers Market Size and Volume Forecast by Application
9.4.1. Machinery Manufacturing Industry
9.4.2. Vehicle Engineering Industry
9.4.3. Aerospace Manufacturing Industry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vertical Machining Centers Market Size and Volume Forecast by Type
9.7.1. Low-speed Type
9.7.2. High-speed Type
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 Vertical Machining Centers Demand Share Forecast, 2019-2026
10. Latin America Vertical Machining Centers 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 Vertical Machining Centers 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 Vertical Machining Centers Market Size and Volume Forecast by Application
10.4.1. Machinery Manufacturing Industry
10.4.2. Vehicle Engineering Industry
10.4.3. Aerospace Manufacturing Industry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vertical Machining Centers Market Size and Volume Forecast by Type
10.7.1. Low-speed Type
10.7.2. High-speed Type
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 Vertical Machining Centers Demand Share Forecast, 2019-2026
11. Europe Vertical Machining Centers 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 Vertical Machining Centers 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 Vertical Machining Centers Market Size and Volume Forecast by Application
11.4.1. Machinery Manufacturing Industry
11.4.2. Vehicle Engineering Industry
11.4.3. Aerospace Manufacturing Industry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vertical Machining Centers Market Size and Volume Forecat by Type
11.7.1. Low-speed Type
11.7.2. High-speed Type
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 Vertical Machining Centers Demand Share, 2019-2026
12. Asia Pacific Vertical Machining Centers 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 Vertical Machining Centers 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 Vertical Machining Centers Market Size and Volume Forecast by Application
12.4.1. Machinery Manufacturing Industry
12.4.2. Vehicle Engineering Industry
12.4.3. Aerospace Manufacturing Industry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vertical Machining Centers Market Size and Volume Forecast by Type
12.7.1. Low-speed Type
12.7.2. High-speed Type
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 Vertical Machining Centers Demand Share, 2019-2026
13. Middle East & Africa Vertical Machining Centers 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 Vertical Machining Centers 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 Vertical Machining Centers Market Size and Volume Forecast by Application
13.4.1. Machinery Manufacturing Industry
13.4.2. Vehicle Engineering Industry
13.4.3. Aerospace Manufacturing Industry
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vertical Machining Centers Market Size and Volume Forecast by Type
13.7.1. Low-speed Type
13.7.2. High-speed Type
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 Vertical Machining Centers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vertical Machining Centers Market: Market Share Analysis
14.2. Vertical Machining Centers Distributors and Customers
14.3. Vertical Machining Centers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GFMS
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hermle
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Alzmetall
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Chiron
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mazak
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. DMG MORI
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Makino
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SPINNER
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Okuma
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. JTEKT
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. STAMA
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Fadal
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. MECAL
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Hardinge
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Emmegi
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. FOM Industrie
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. HAAS
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. CB Ferrari
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. FIDIA
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Hurco
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
