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Machine Tools Global Market Report 2025
Global Machine Tools Market Report 2025

Report Price : $4490.00

Pages : 200

Format : PDF

Published : January 2025

Delivery Time : 2-3 Business Days

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Machine Tools Global Market Report 2025

By Product Type (Milling Machines, Drilling Machines, Turning Machines, Grinding Machines, Electrical Discharge Machines, Other Product Types), By Automation Type (CNC Machine Tools, Conventional Machine Tools), By Sales Channel (Direct, Indirect), By Industry (Automotive, Aerospace and Defense, Construction Equipment, Power and Energy, Industrial, Other Industries) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Machine Tools Market Overview

• Machine Tools market size has reached to $96.5 billion in 2024

• Expected to grow to $125.54 billion in 2029 at a compound annual growth rate (CAGR) of 5.9%

• Growth Driver: The Role Of A Booming Manufacturing Sector In Fueling Machine Tools Market Expansion

• Market Trend: Machine Tools Market Transformed By Cutting-Edge Products And Technology Unveilings

Asia-Pacific was the largest region and fastest growing region.

What Is Covered Under Machine Tools Market?

Machine tools, also referred to as stationary power-driven equipment, are used to shape or create pieces made of metal or other materials. These are used for cutting, boring, grinding, shearing, and also used for deformations.

The main types of machine tools are milling machines, drilling machines, turning machines, grinding machines, electrical discharge machines, and others. The milling machines tools are referred to as multi-purpose machines that can mill and turn materials as well. A milling machine is a circular tool that has several cutting edges symmetrically arranged all over it. This machine is used for flat and irregularly shaped surfaces. These are used to drill, bore, and cut gears. The different automation types include CNC machine tools and conventional machine tools which are distributed by several sales channels, including direct, and indirect. It is employed in various industries such as automotive, aerospace and defense, construction equipment, power and energy, industrial, and others.

Machine Tools Market 2025 - 2034

What Is The Machine Tools Market Size 2025 And Growth Rate?

The machine tools market size has grown strongly in recent years. It will grow from $96.5 billion in 2024 to $99.87 billion in 2025 at a compound annual growth rate (CAGR) of 3.5%. The growth in the historic period can be attributed to industrial revolution and manufacturing growth, globalization and industrialization, automotive and aerospace growth, precision engineering and quality standards, military and defense sector demand.

What Is The Machine Tools Market Growth Forecast?

The machine tools market size is expected to see strong growth in the next few years. It will grow to $125.54 billion in 2029 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to shift towards lightweight materials, global infrastructure projects, medical and healthcare industry requirements, renewable energy sector demands, aerospace and defense sector expansion. Major trends in the forecast period include automation and robotics integration, digitalization and industry 4.0, demand for multi-functionality, sustainable manufacturing practices, adoption of 5-axis machining.

The forecast of 5.9% growth over the next five years reflects a modest reduction of 0.5% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through supply chain disruptions for critical components like linear guides and spindle bearings, sourced from key regions such as Japan, Switzerland, and Taiwan, which could lead to higher prices for precision machining equipment. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Machinery Industry?

The swift increase in U.S. tariffs and the ensuing trade tensions in spring 2025 are significantly affecting the machinery sector by increasing costs for steel, hydraulic systems, and precision bearings critical components often imported from tariff-affected regions. Manufacturers of construction, agricultural, and industrial machinery now face squeezed margins, as many long-term contracts prevent immediate price adjustments. The uncertainty has also delayed investment in automation and smart machinery technologies, slowing productivity gains. To adapt, firms are accelerating local supplier development, redesigning products to use alternative materials, and leveraging predictive maintenance to extend equipment lifespans amid higher replacement costs.

How Is The Machine Tools Market Segmented?

1) By Product Type: Milling Machines, Drilling Machines, Turning Machines, Grinding Machines, Electrical Discharge Machines, Other Product Types

2) By Automation Type: CNC Machine Tools, Conventional Machine Tools

3) By Sales Channel: Direct, Indirect

4) By Industry: Automotive, Aerospace and Defense, Construction Equipment, Power and Energy, Industrial, Other Industries

Subsegments:

1) By Milling Machines: Vertical Milling Machines, Horizontal Milling Machines, CNC Milling Machines

2) By Drilling Machines: Bench Drills, Radial Drills, CNC Drilling Machines

3) By Turning Machines: CNC Lathes, Manual Lathes, Swiss-Type Lathes

4) By Grinding Machines: Surface Grinders, Cylindrical Grinders, Tool and Cutter Grinders

5) By Electrical Discharge Machines: Wire EDM Machines, Sinker EDM Machines

6) By Other Product Types: Laser Cutting Machines, Waterjet Cutting Machines, Fabrication Machines

Machine Tools Market Driver: The Role Of A Booming Manufacturing Sector In Fueling Machine Tools Market Expansion

The growing manufacturing industry is expected to propel the growth of the machine tools market going forward. Machine tools refer to power devices that are used to process workpieces and act as important equipment in the manufacturing process of mechanical parts. These machines are used for forming, cutting, and joining tools. As a result, growth in the manufacturing industry will increase the demand for machine tools. For instance, in May 2024, according to the Australian Bureau of Statistics, an Australia-based national statistical agency, in Australia, manufacturing industries reported an increase in EBITDA to 51,574 in 2022, compared to 50,446 in 2021. Therefore, the growing manufacturing industry is driving the growth of the machine tools market.

Machine Tools Market Driver: Surging Automotive Industry Demand Fuels Growth In The Machine Tools Market

The growing demand in the automotive industry is expected to propel the growth of the machine tools market going forward. The automotive industry refers to the business sector that encompasses the design, development, manufacturing, marketing, and sales of vehicles. Machine tools are used in the automotive industry for shaping raw materials, creating precision components, and ensuring the efficient and accurate assembly of vehicles. For instance, in May 2023, according to the European Automobile Manufacturers Association, a Belgium-based automobile manufacturers association, in 2022, the global production of motor vehicles reached 85.4 million units, reflecting a notable increase of 5.7% compared to 2021. Furthermore, in February 2022, according to Brand Finance PLC, a UK-based brand valuation company, the automobile sector achieved approximately 78-million-unit sales, marking a substantial 10% increase. Therefore, the growing demand in the automotive industry is driving the growth of the machine tools market.

Global Machine Tools Market Major Players

Major companies operating in the machine tools market include Amada Co. Ltd., DMG Mori Co. Ltd., Yamazaki Mazak Corporation, Haas Automation Inc., Okuma Corporation, GF Machining Solutions, Makino Milling Machine Co. Ltd., JTEKT Corporation, Komatsu Ltd., TRUMPF GmbH + Co. KG, Hyundai WIA Corporation, FANUC Corporation, Doosan Machine Tools Co. Ltd., Mitsubishi Heavy Industries Ltd., Hurco Companies Inc., Schuler Group GmbH, Gleason Corporation, EMAG GmbH & Co. KG, Starrag Group Holding AG, MAG IAS GmbH, Hardinge Inc., Dalian Machine Tool Group Corporation, Haco Group, Tsugami Corporation, Haas Schleifmaschinen GmbH, INDEX-Werke GmbH & Co. KG, Fives Group, LMT Group, Kitamura Machinery Co. Ltd., Chiron Group

Global Machine Tools Market Trend: Machine Tools Market Transformed By Cutting-Edge Products And Technology Unveilings

New product innovations have emerged as the new key trend gaining popularity in the machine tools market. Major companies operating in the machine tools market focused on new product innovations to sustain their position in the market. For instance, in June 2022, LMW Machine Tool Division, an India-based automation machinery manufacturing company, launched 2 new machines – the JG 50 Vertical Machining Center and LF20C Twin G Twin Turret Chucker, and showcased 3 latest machines and machining solutions at INTEC 2022 exhibition held in Coimbatore. The unique features of the JG 50 Vertical Machining Center include very high acceleration of greater than 1G and spindle speed up to 16,000 rpm. LF20C Twin G Twin Turret Chucker has dual spindles and dual turrets which indicate IT has 2 CNC Turning Centers combined into one machine.

Global Machine Tools Market Trend: Pioneering Next-Generation Solutions With The Introduction Of Machine Tool Probes

Major companies operating in the machine tools market are focused on developing next-generation solutions, such as machine tool probes, to increase their profitability in the market. A machine tool probe is a sensor attached to a CNC machine tool that is used to measure the position, dimensions, and features of a workpiece or cutting tool. For instance, in May 2023, Renishaw PLC, a UK-based engineering and scientific technology company, launched RMP24-micro, a wireless probe for machine tools. It is designed to be 24 millimeters in diameter and 31.4 millimeters in length, making IT ideal for applications where space is at a premium. The RMP24-micro's high accuracy and repeatability help to ensure that parts are manufactured to the correct specifications, reducing the risk of scrap and rework. It automates tasks that were previously done manually, and the RMP24-micro can help significantly reduce setup times and cycle times.

Need data on a specific region in this market?

Machine Tools Market Merger And Acquisition: Accurl USA Partners With Complete Machine Tools To Expand Machine Tool Portfolio

In April 2024, Accurl USA LLC, a US-based company, partnered with Complete Machine Tools. With this partnership, Accurl aims to expand its portfolio by incorporating Complete Machine Tool's expertise in providing machine tools. Complete Machine Tools Pty Ltd is an Australia-based company that manufactures machine tools.

Regional Outlook For The Global Machine Tools Market

Asia-Pacific was the largest region in the machine tools market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Machine Tools Market?

The machine tools market consists of sales of lathes and boring mills, shapers and planers, drilling machines, power saws, and presses. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Machine Tools Industry?

The machine tools market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the machine tools industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Machine Tools Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $99.87 billion
Revenue Forecast In 2034 $125.54 billion
Growth Rate CAGR of 5.9% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Product Type: Milling Machines, Drilling Machines, Turning Machines, Grinding Machines, Electrical Discharge Machines, Other Product Types
2) By Automation Type: CNC Machine Tools, Conventional Machine Tools
3) By Sales Channel: Direct, Indirect
4) By Industry: Automotive, Aerospace and Defense, Construction Equipment, Power and Energy, Industrial, Other Industries Subsegments: 1) By Milling Machines: Vertical Milling Machines, Horizontal Milling Machines, CNC Milling Machines
2) By Drilling Machines: Bench Drills, Radial Drills, CNC Drilling Machines
3) By Turning Machines: CNC Lathes, Manual Lathes, Swiss-Type Lathes
4) By Grinding Machines: Surface Grinders, Cylindrical Grinders, Tool and Cutter Grinders
5) By Electrical Discharge Machines: Wire EDM Machines, Sinker EDM Machines 6) By Other Product Types: Laser Cutting Machines, Waterjet Cutting Machines, Fabrication Machines
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Amada Co. Ltd., DMG Mori Co. Ltd., Yamazaki Mazak Corporation, Haas Automation Inc., Okuma Corporation, GF Machining Solutions, Makino Milling Machine Co. Ltd., JTEKT Corporation, Komatsu Ltd., TRUMPF GmbH + Co. KG, Hyundai WIA Corporation, FANUC Corporation, Doosan Machine Tools Co. Ltd., Mitsubishi Heavy Industries Ltd., Hurco Companies Inc., Schuler Group GmbH, Gleason Corporation, EMAG GmbH & Co. KG, Starrag Group Holding AG, MAG IAS GmbH, Hardinge Inc., Dalian Machine Tool Group Corporation, Haco Group, Tsugami Corporation, Haas Schleifmaschinen GmbH, INDEX-Werke GmbH & Co. KG, Fives Group, LMT Group, Kitamura Machinery Co. Ltd., Chiron Group
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

2. Machine Tools Market Characteristics

3. Machine Tools Market Trends And Strategies

4. Machine Tools Market - Macro Economic Scenario Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Machine Tools Growth Analysis And Strategic Analysis Framework

5.1. Global Machine Tools PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Machine Tools Market Growth Rate Analysis

5.4. Global Machine Tools Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Machine Tools Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Machine Tools Total Addressable Market (TAM)

6. Machine Tools Market Segmentation

6.1. Global Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Milling Machines

Drilling Machines

Turning Machines

Grinding Machines

Electrical Discharge Machines

Other Product Types

6.2. Global Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

CNC Machine Tools

Conventional Machine Tools

6.3. Global Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Direct

Indirect

6.4. Global Machine Tools Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Automotive

Aerospace and Defense

Construction Equipment

Power and Energy

Industrial

Other Industries

6.5. Global Machine Tools Market, Sub-Segmentation Of Milling Machines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Vertical Milling Machines

Horizontal Milling Machines

CNC Milling Machines

6.6. Global Machine Tools Market, Sub-Segmentation Of Drilling Machines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Bench Drills

Radial Drills

CNC Drilling Machines

6.7. Global Machine Tools Market, Sub-Segmentation Of Turning Machines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

CNC Lathes

Manual Lathes

Swiss-Type Lathes

6.8. Global Machine Tools Market, Sub-Segmentation Of Grinding Machines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Surface Grinders

Cylindrical Grinders

Tool and Cutter Grinders

6.9. Global Machine Tools Market, Sub-Segmentation Of Electrical Discharge Machines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Wire EDM Machines

Sinker EDM Machines

6.10. Global Machine Tools Market, Sub-Segmentation Of Other Product Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Laser Cutting Machines

Waterjet Cutting Machines

Fabrication Machines

7. Machine Tools Market Regional And Country Analysis

7.1. Global Machine Tools Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Machine Tools Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Machine Tools Market

8.1. Asia-Pacific Machine Tools Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Machine Tools Market

9.1. China Machine Tools Market Overview

9.2. China Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Machine Tools Market

10.1. India Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Machine Tools Market

11.1. Japan Machine Tools Market Overview

11.2. Japan Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Machine Tools Market

12.1. Australia Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Machine Tools Market

13.1. Indonesia Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Machine Tools Market

14.1. South Korea Machine Tools Market Overview

14.2. South Korea Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Machine Tools Market

15.1. Western Europe Machine Tools Market Overview

15.2. Western Europe Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Machine Tools Market

16.1. UK Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Machine Tools Market

17.1. Germany Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Machine Tools Market

18.1. France Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Machine Tools Market

19.1. Italy Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Machine Tools Market

20.1. Spain Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Machine Tools Market

21.1. Eastern Europe Machine Tools Market Overview

21.2. Eastern Europe Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Machine Tools Market

22.1. Russia Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Machine Tools Market

23.1. North America Machine Tools Market Overview

23.2. North America Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Machine Tools Market

24.1. USA Machine Tools Market Overview

24.2. USA Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Machine Tools Market

25.1. Canada Machine Tools Market Overview

25.2. Canada Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Machine Tools Market

26.1. South America Machine Tools Market Overview

26.2. South America Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Machine Tools Market

27.1. Brazil Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Machine Tools Market

28.1. Middle East Machine Tools Market Overview

28.2. Middle East Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Machine Tools Market

29.1. Africa Machine Tools Market Overview

29.2. Africa Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Machine Tools Market Competitive Landscape And Company Profiles

30.1. Machine Tools Market Competitive Landscape

30.2. Machine Tools Market Company Profiles

30.2.1. Amada Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.2. DMG Mori Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Yamazaki Mazak Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Haas Automation Inc. Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Okuma Corporation Overview, Products and Services, Strategy and Financial Analysis

31. Machine Tools Market Other Major And Innovative Companies

31.1. GF Machining Solutions

31.2. Makino Milling Machine Co. Ltd.

31.3. JTEKT Corporation

31.4. Komatsu Ltd.

31.5. TRUMPF GmbH + Co. KG

31.6. Hyundai WIA Corporation

31.7. FANUC Corporation

31.8. Doosan Machine Tools Co. Ltd.

31.9. Mitsubishi Heavy Industries Ltd.

31.10. Hurco Companies Inc.

31.11. Schuler Group GmbH

31.12. Gleason Corporation

31.13. EMAG GmbH & Co. KG

31.14. Starrag Group Holding AG

31.15. MAG IAS GmbH

32. Global Machine Tools Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Machine Tools Market

34. Recent Developments In The Machine Tools Market

35. Machine Tools Market High Potential Countries, Segments and Strategies

35.1 Machine Tools Market In 2029 - Countries Offering Most New Opportunities

35.2 Machine Tools Market In 2029 - Segments Offering Most New Opportunities

35.3 Machine Tools Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Machine Tools Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Machine Tools Market, Sub-Segmentation Of Milling Machines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Machine Tools Market, Sub-Segmentation Of Drilling Machines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Machine Tools Market, Sub-Segmentation Of Turning Machines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Machine Tools Market, Sub-Segmentation Of Grinding Machines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Machine Tools Market, Sub-Segmentation Of Electrical Discharge Machines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Global Machine Tools Market, Sub-Segmentation Of Other Product Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Global Machine Tools Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Global Machine Tools Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: Asia-Pacific, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: Asia-Pacific, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: Asia-Pacific, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: China, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: China, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: China, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: India, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: India, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: India, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Japan, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Japan, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Japan, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Australia, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Australia, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Australia, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: Indonesia, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: Indonesia, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: Indonesia, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: South Korea, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: South Korea, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: South Korea, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: Western Europe, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: Western Europe, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: Western Europe, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: UK, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: UK, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: UK, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: Germany, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: Germany, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: Germany, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: France, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: France, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: France, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Italy, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Italy, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Italy, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Spain, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Spain, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Spain, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Eastern Europe, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Eastern Europe, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Eastern Europe, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: Russia, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: Russia, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: Russia, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: North America, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: North America, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: North America, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: USA, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: USA, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: USA, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: Canada, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: Canada, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: Canada, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: South America, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: South America, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: South America, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Brazil, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Brazil, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Brazil, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Middle East, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Middle East, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Middle East, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Africa, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 79: Africa, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 80: Africa, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 81: Amada Co. Ltd. Financial Performance
  • Table 82: DMG Mori Co. Ltd. Financial Performance
  • Table 83: Yamazaki Mazak Corporation Financial Performance
  • Table 84: Haas Automation Inc. Financial Performance
  • Table 85: Okuma Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Machine Tools Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Machine Tools Market, Sub-Segmentation Of Milling Machines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Machine Tools Market, Sub-Segmentation Of Drilling Machines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Machine Tools Market, Sub-Segmentation Of Turning Machines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Machine Tools Market, Sub-Segmentation Of Grinding Machines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Machine Tools Market, Sub-Segmentation Of Electrical Discharge Machines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Global Machine Tools Market, Sub-Segmentation Of Other Product Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Global Machine Tools Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Global Machine Tools Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: Asia-Pacific, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: Asia-Pacific, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: Asia-Pacific, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: China, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: China, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: China, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: India, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: India, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: India, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Japan, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Japan, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Japan, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Australia, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Australia, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Australia, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: Indonesia, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: Indonesia, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: Indonesia, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: South Korea, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: South Korea, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: South Korea, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: Western Europe, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: Western Europe, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: Western Europe, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: UK, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: UK, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: UK, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: Germany, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: Germany, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: Germany, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: France, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: France, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: France, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Italy, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Italy, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Italy, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Spain, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Spain, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Spain, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Eastern Europe, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Eastern Europe, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Eastern Europe, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: Russia, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: Russia, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: Russia, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: North America, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: North America, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: North America, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: USA, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: USA, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: USA, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: Canada, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: Canada, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: Canada, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: South America, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: South America, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: South America, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Brazil, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Brazil, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Brazil, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Middle East, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Middle East, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Middle East, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Africa, Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 79: Africa, Machine Tools Market, Segmentation By Automation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 80: Africa, Machine Tools Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 81: Amada Co. Ltd. Financial Performance
  • Figure 82: DMG Mori Co. Ltd. Financial Performance
  • Figure 83: Yamazaki Mazak Corporation Financial Performance
  • Figure 84: Haas Automation Inc. Financial Performance
  • Figure 85: Okuma Corporation Financial Performance

Frequently Asked Questions

Machine tools, also referred to as stationary power-driven equipment, are used to shape or create pieces made of metal or other materials. These are used for cutting, boring, grinding, shearing, and also used for deformations. For further insights on this market, request a sample here

The market major growth driver - The Role Of A Booming Manufacturing Sector In Fueling Machine Tools Market Expansion. For further insights on this market, request a sample here

The machine tools market size has grown steadily in recent years. It will grow from $96.5 billion in 2024 to $99.87 billion in 2025 at a compound annual growth rate (CAGR) of 3.5%. The growth in the historic period can be attributed to industrial revolution and manufacturing growth, globalization and industrialization, automotive and aerospace growth, precision engineering and quality standards, military and defense sector demand. The machine tools market size is expected to see strong growth in the next few years. It will grow to $125.54 billion in 2029 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to shift towards lightweight materials, global infrastructure projects, medical and healthcare industry requirements, renewable energy sector demands, aerospace and defense sector expansion. Major trends in the forecast period include automation and robotics integration, digitalization and industry 4.0, demand for multi-functionality, sustainable manufacturing practices, adoption of 5-axis machining. For further insights on this market, request a sample here

The machine toolsmarket covered in this report is segmented –
1) By Product Type: Milling Machines, Drilling Machines, Turning Machines, Grinding Machines, Electrical Discharge Machines, Other Product Types
2) By Automation Type: CNC Machine Tools, Conventional Machine Tools
3) By Sales Channel: Direct, Indirect
4) By Industry: Automotive, Aerospace and Defense, Construction Equipment, Power and Energy, Industrial, Other Industries Subsegments:
1) By Milling Machines: Vertical Milling Machines, Horizontal Milling Machines, CNC Milling Machines
2) By Drilling Machines: Bench Drills, Radial Drills, CNC Drilling Machines
3) By Turning Machines: CNC Lathes, Manual Lathes, Swiss-Type Lathes
4) By Grinding Machines: Surface Grinders, Cylindrical Grinders, Tool and Cutter Grinders
5) By Electrical Discharge Machines: Wire EDM Machines, Sinker EDM Machines
6) By Other Product Types: Laser Cutting Machines, Waterjet Cutting Machines, Fabrication Machines For further insights on this market,
request a sample here

Asia-Pacific was the largest region in the machine tools market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the machine tools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Major companies operating in the machine tools market include Amada Co. Ltd., DMG Mori Co. Ltd., Yamazaki Mazak Corporation, Haas Automation Inc., Okuma Corporation, GF Machining Solutions, Makino Milling Machine Co. Ltd., JTEKT Corporation, Komatsu Ltd., TRUMPF GmbH + Co. KG, Hyundai WIA Corporation, FANUC Corporation, Doosan Machine Tools Co. Ltd., Mitsubishi Heavy Industries Ltd., Hurco Companies Inc., Schuler Group GmbH, Gleason Corporation, EMAG GmbH & Co. KG, Starrag Group Holding AG, MAG IAS GmbH, Hardinge Inc., Dalian Machine Tool Group Corporation, Haco Group, Tsugami Corporation, Haas Schleifmaschinen GmbH, INDEX-Werke GmbH & Co. KG, Fives Group, LMT Group, Kitamura Machinery Co. Ltd., Chiron Group . For further insights on this market, request a sample here.

Major trends in this market include Machine Tools Market Transformed By Cutting-Edge Products And Technology Unveilings. For further insights on this market, request a sample here.

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