Metalworking Machinery Market Size, Share And Growth Factors 2020-30: Covid 19 Impact And Recovery

The Business Research Company offers “Metalworking Machinery Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global metalworking machinery market is expected to decline from $265.8 billion in 2019 to $254.7 billion in 2020 at a compound annual growth rate (CAGR) of -4.3%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $316.4 billion in 2023.

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The metal working machinery market consists of sales of metal working machinery by entities (organizations, sole traders and partnerships) that produce machines such as cutting tools, metal cutting and metal forming machine tools, metalworking machinery accessories, rolling mill machinery, assembly machinery, fabricating machines, industrial molds, conversion or straightening equipment, special dies, tools, jigs, and fixtures.

Rolling mill machinery manufacturers are offering advanced 6-axis CNC milling machines to efficiently fabricate complex components. CNC milling is a specific type of computer numerical controlled (CNC) machining.

Metalworking Machinery Market Segmentation: -
By Type
1) Special Die And Tool, Die Set, Jig, And Fixture
2 ) Machine Tool
3) Industrial Mold
4) Rolling Mill And Other Metalworking Machinery
5) Cutting Tool And Machine Tool Accessory

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Metalworking Machinery Market Characteristics
4. Metalworking Machinery Market Product Analysis
5. Metalworking Machinery Market Supply Chain
………………
20. Metalworking Machinery Market Competitive Landscape
21. Key Mergers And Acquisitions In The Metalworking Machinery Market
22. Market Background: Machinery Market
23. Recommendations
24. Appendix

The report covers the trends and market dynamics of the metal working machinery market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the metal working machinery market are TRUMPF Group, Amada Co Ltd, Kennametal Inc, Komatsu Ltd, Okuma Corporation

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

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