Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Vertical Milling Machine Market by Type (Plane Processing, Surface Machining), By Application (Aerospace, Shipbuilding, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Vertical Milling Machine Market by Type (Plane Processing, Surface Machining), By Application (Aerospace, Shipbuilding, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 130869 3300 Machinery & Equipment 377 236 Pages 5 (36)
                                          

Market Overview:


The global vertical 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 vertical milling machines from various end-use industries, such as aerospace, shipbuilding, and other applications. In terms of type, the plane processing segment is expected to lead the global vertical milling machine market during the forecast period. This can be attributed to its ability to produce high-quality products with precision and accuracy.


Global Vertical Milling Machine Industry Outlook


Product Definition:


Vertical milling machine is a milling machine with its spindle perpendicular to the table. It can be used for both horizontal and vertical milling operations. The table can also swivel to the left or right for angular cuts. Vertical milling machines are often preferred because they take up less floor space, and their use results in more accurate parts than those machined on a horizontal milling machine.


Plane Processing:


Plane processing is a method of cutting or grinding, where the workpiece is held at a constant elevation and horizontal plane. Vertical milling machines are used to perform this operation. The term “plane” in this context does not mean a flat surface but rather an inclined surface with the ability to move up and down as well as from left to right.


Surface Machining:


Surface machining is a process of removing material from a workpiece by using high speed and high pressure water or air. In vertical milling machine, surface machining is used to remove material in the form of chips or dust from the workpieces. The term “vertical” means that the tooling points directly downward and also at an angle of 90 degrees with respect to the horizontal plane.


Application Insights:


The other application segment includes construction, automotive, and electronics. In 2017, the other segment dominated the global vertical milling machine market with a revenue share of over 60%. The growth can be attributed to increasing demand for high-precision components in various industries such as aerospace and defense.


Aerospace is expected to emerge as one of the fastest-growing applications owing to increased production levels of commercial aircraft. For example, in 2018 Boeing announced that it will increase its production rate for commercial aircraft by nearly 50% from 2019 to 2030. Such initiatives by major industry players are expected drive product demand over the forecast period.  Moreover, rapid industrialization coupled with rising living standards has led to an increased demand for automobiles across developing countries such as China India and Brazil which is also likely drive product adoption in this region over the forecast period (see table below).


Regional Analysis:


Asia Pacific dominated the global vertical milling machine market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of manufacturers, which makes it an attractive regional market for new players. China is one of the largest markets for these machines owing to low labor costs and high production volumes. In addition, India offers tremendous growth opportunities due to increasing demand from various end-use industries such as automotive, electronics & electrical, etc.


North America accounted for a significant share in terms of revenue in 2017 on account of growing shipbuilding activities across U.S., Canada, and Mexico coupled with favorable government regulations regarding tax benefits related to manufacturing equipment within North America region are anticipated to boost industry growth over next eight years (2018 - 2030).


Growth Factors:


  • Increasing demand for Vertical Milling Machine from the automotive and aerospace industries due to the rising need for precision machining.
  • Growing popularity of 3D printing and CNC technology, which is boosting the demand for Vertical Milling Machine in small-scale businesses.
  • Rising investments by governments in infrastructure development projects, which is leading to an increase in demand for Vertical Milling Machine from construction companies.
  • Rapid growth of the manufacturing sector in developing countries, such as China and India, which is resulting in an increase in demand for Vertical Milling Machine from these regions.

Scope Of The Report

Report Attributes

Report Details

Report Title

Vertical Milling Machine Market Research Report

By Type

Plane Processing, Surface Machining

By Application

Aerospace, Shipbuilding, Other

By Companies

600 Group(UK), Allied High Tech Products inc.(US), Amada Machine Tools(Japan), ANG International(US), Atrump Machinery(US), AWEA(Italy), Beijing No.1 Machine Tool Imp. & Exp. Corp. Ltd.(China), Benign Enterprise Co.Ltd.(Taiwan), BIEMMEPI SISTEMI(Italy), Bost Machine Tools Company S.L.U(Swizerland)

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

236

Number of Tables & Figures

166

Customization Available

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


Global Vertical Milling Machine Market Report Segments:

The global Vertical Milling Machine market is segmented on the basis of:

Types

Plane Processing, Surface Machining

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, Shipbuilding, 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. 600 Group(UK)
  2. Allied High Tech Products inc.(US)
  3. Amada Machine Tools(Japan)
  4. ANG International(US)
  5. Atrump Machinery(US)
  6. AWEA(Italy)
  7. Beijing No.1 Machine Tool Imp. & Exp. Corp. Ltd.(China)
  8. Benign Enterprise Co.Ltd.(Taiwan)
  9. BIEMMEPI SISTEMI(Italy)
  10. Bost Machine Tools Company S.L.U(Swizerland)

Global Vertical Milling Machine Market Overview


Highlights of The Vertical Milling Machine Market Report:

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

    1. Plane Processing
    2. Surface Machining
  1. By Application:

    1. Aerospace
    2. Shipbuilding
    3. 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 Vertical 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
  • Identifying Appropriate Advertising Appeals

Global Vertical Milling Machine 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
                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Vertical 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. Vertical 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. Vertical Milling Machine Market - Supply Chain
   4.5. Global Vertical Milling Machine Market Forecast
      4.5.1. Vertical Milling Machine Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Vertical Milling Machine Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Vertical Milling Machine Market Absolute $ Opportunity

5. Global Vertical 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. Vertical Milling Machine Market Size and Volume Forecast by Type
      5.3.1. Plane Processing
      5.3.2. Surface Machining
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Vertical 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. Vertical Milling Machine Market Size and Volume Forecast by Application
      6.3.1. Aerospace
      6.3.2. Shipbuilding
      6.3.3. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Vertical 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. Vertical 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 Vertical 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. Vertical 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 Vertical Milling Machine Demand Share Forecast, 2019-2029

9. North America Vertical 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 Vertical 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 Vertical Milling Machine Market Size and Volume Forecast by Application
      9.4.1. Aerospace
      9.4.2. Shipbuilding
      9.4.3. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Vertical Milling Machine Market Size and Volume Forecast by Type
      9.7.1. Plane Processing
      9.7.2. Surface Machining
   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 Milling Machine Demand Share Forecast, 2019-2029

10. Latin America Vertical 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 Vertical 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 Vertical Milling Machine Market Size and Volume Forecast by Application
      10.4.1. Aerospace
      10.4.2. Shipbuilding
      10.4.3. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Vertical Milling Machine Market Size and Volume Forecast by Type
      10.7.1. Plane Processing
      10.7.2. Surface Machining
   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 Milling Machine Demand Share Forecast, 2019-2029

11. Europe Vertical 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 Vertical 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 Vertical Milling Machine Market Size and Volume Forecast by Application
      11.4.1. Aerospace
      11.4.2. Shipbuilding
      11.4.3. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Vertical Milling Machine Market Size and Volume Forecast by Type
      11.7.1. Plane Processing
      11.7.2. Surface Machining
   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 Milling Machine Demand Share, 2019-2029

12. Asia Pacific Vertical 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 Vertical 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 Vertical Milling Machine Market Size and Volume Forecast by Application
      12.4.1. Aerospace
      12.4.2. Shipbuilding
      12.4.3. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Vertical Milling Machine Market Size and Volume Forecast by Type
      12.7.1. Plane Processing
      12.7.2. Surface Machining
   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 Milling Machine Demand Share, 2019-2029

13. Middle East & Africa Vertical 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 Vertical 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 Vertical Milling Machine Market Size and Volume Forecast by Application
      13.4.1. Aerospace
      13.4.2. Shipbuilding
      13.4.3. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Vertical Milling Machine Market Size and Volume Forecast by Type
      13.7.1. Plane Processing
      13.7.2. Surface Machining
   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 Milling Machine Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Vertical Milling Machine Market: Market Share Analysis
   14.2. Vertical Milling Machine Distributors and Customers
   14.3. Vertical Milling Machine Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. 600 Group(UK)
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Allied High Tech Products inc.(US)
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Amada Machine Tools(Japan)
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. ANG International(US)
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Atrump Machinery(US)
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. AWEA(Italy)
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Beijing No.1 Machine Tool Imp. & Exp. Corp. Ltd.(China)
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Benign Enterprise Co.Ltd.(Taiwan)
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. BIEMMEPI SISTEMI(Italy)
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Bost Machine Tools Company S.L.U(Swizerland)
         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

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