Global Machine Tools Market Report, History and Forecast 2016-2027, Breakdown Data by Manufacturers, Key Regions, Types and Application

Machine tool is able to complete the turning, milling, planing, shearing, bending, boring, grinding, stamping, machining and drilling and other machining function.
Global Machine Tools key players include Yamazaki Mazak, Trumpf, AMADA, DMG MORI, etc. Global top four manufacturers hold a share about 15%.
Asia-Pacific is the largest market, with a share over 55%, followed by Europe and North America, both have a share about 35 percent.
In terms of product, Machining Centers is the largest segment, with a share over 40%. And in terms of application, the largest application is Automobile, followed by Machinery Manufacturing, Aerospace & Defense, etc.

Market Analysis and Insights: Global Machine Tools Market
In 2020, the global Machine Tools market size was US$ 64220 million and it is expected to reach US$ 57240 million by the end of 2027, with a CAGR of -1.7% between 2021 and 2027
Global Machine Tools Scope and Market Size
The global Machine Tools market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Machine Tools market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.

Segment by Type
Machining Centers
Turning Machines
Grinding Machines
Electrical Discharge Machines
The top types of machine tools mainly include machining centers (41.7%), turning machines (33.9%), grinding machines (8.1%), electrical discharge machines (3.4%), etc.

Segment by Application
Machinery Manufacturing
Automobile
Aerospace & Defense
Others
The automobile holds an important share in terms of applications, and accounts for 38% of the market share.

By Company
Yamazaki Mazak
Trumpf
Komatsu
JTEKT
AMADA
Doosan Machine Tools
DMG MORI
Okuma
HYUNDAI WIA
Makino
Schuler
FFG/MAG
GF
Grob
Haas Automation
INDEX Group
Körber AG
Gleason
Brother Industries
CHIRON Group
Shenyang Group
DMTG

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Colombia
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE