Press release
The Machine Tools Market is Set to Reach Revenue of $171.37 Billion by 2029, More than $44 Billion Opportunities in the Next 6 Years - Arizton
Machine Tools Market Research Report by Arizton
Looking for More Information? Click: [https://www.arizton.com/market-reports/machine-tools-market-size]
Report Scope:
Market Size Consumption (2029): $171.37 Billion
Market Size Consumption (2023): $127.39 Billion
CAGR (2023-2029): 5.07%
Historic Year:2020-2022
Base Year: 2023
Forecast Year: 2024-2029
Market Segmentation: Tool Type, Metal Cutting, Metal Forming, Technology, End-User, and Geography
Geographical Analysis: Europe, North America, APAC, Latin America, and Middle East & Africa
The global machine tools market has seen steady growth, driven by advancements in automation, precision, and AI integration. The demand for high-precision, mass production, and automation has surged, especially post-COVID-19, as companies seek to reduce workforce presence. Industries like automotive, healthcare, defense, and logistics are key drivers of this demand. The rise of Industry 4.0, IoT, and smart tools like collaborative robots (co-bots) are major innovations. Geographically, established markets like Europe and North America show strong replacement demand, while emerging markets in APAC, Latin America, and the Middle East are fueling growth through new installations. Sustainability pressures are also influencing market trends.
APAC: The Next Growth Frontier for the Global Machine Tools Market
The APAC machine tools market is set for remarkable growth, driven by the economic and infrastructural recovery post-COVID-19. Major players like China and India are leading the charge, with both nations ramping up development efforts since mid-2020. But it's not just the giants-emerging economies such as Taiwan, Malaysia, and Vietnam also present significant opportunities for manufacturers.
As a global economic hub, APAC accounts for a large share of global GDP, with countries like China, Japan, South Korea, and Australia driving the market. China, the world's largest manufacturing economy, is central to this growth, producing everything from electronics to heavy machinery.
Rapid urbanization and industrialization across the region are fueling demand for machine tools, particularly in countries like Indonesia, Vietnam, and Thailand. These nations are becoming key manufacturing hubs, attracting foreign investments, and driving demand for equipment like bending, forming, cutting, and milling machines-essential for the growing construction and automotive sectors. The future of machine tools in APAC looks increasingly promising.
Looking for More Information? Click: [https://www.arizton.com/market-reports/machine-tools-market-size]
Vendors Activities
The global machine tools market is highly fragmented, with numerous regional and local players alongside several major industry leaders. Companies such as DN Solutions, AMADA Group, Makino, and JTEKT Corporation currently dominate the market in terms of market share.
To strengthen their market presence and expand geographically, these leading companies focus on key strategies such as product innovation, mergers and acquisitions (M&A), and strategic partnerships. Collaborations with original equipment manufacturers (OEMs) and other industry stakeholders are common, allowing companies to develop integrated solutions and improve their reach.
Vendors are also diversifying their product portfolios to serve a broader range of industries, offering ergonomic and customized solutions for specific applications and customer needs.
* On September 6, 2023, DMG MORI announced the acquisition of KURAKI, owned by Kurabo Industries. By integrating KURAKI's innovative development and production techniques, DMG MORI aims to enhance its product offerings and expand its customer base.
* On January 29, 2024, ModuleWorks, a leading software provider for the CAD/CAM industry, announced a partnership with DN Solutions, a prominent CNC machine tool manufacturer. The partnership will focus on the joint development of machine tool software and the creation of integrated solutions to facilitate the digital transformation of the manufacturing sector.
Key Vendors
* DN Solutions
* AMADA Group
* Makino
* JTEKT Corporation
* GF Machining Solutions
* DMG MORI
* Komatsu NTC
* Okuma Corporation
* HYUNDAI WIA
* Schuler Group
* CHIRON Group
* InCompass
* FALCON Machine Tools
* FFG
* SPINNER
* Haas Automation
* Gleason Corporation
* General Technology Group Dalian Machine Tool
* Yamazaki Mazak Corporation
* AceMicromatic
* Siemens
* TRUMPF
* Shenyang Machine Tool
* Electronica HiTech Machine Tools
* GROB-WERKE
Segmentation & Forecast
Tool Type
* Metal Cutting
* Metal Forming
* Metal Cutting
* Machining Center
* Lathe
* Grinding & Polishing
* Laser, EDMS, & Other Tools
* Others
* Metal Forming
* Bending & Forming
* Pressing
* Punching & Shearing
* Others
Technology
* CNC
* Non-CNC
End-User
* Automotive
* Industrial Machinery
* Metal Industry
* Electrical & Electronics
* Medical Industry
* Heavy Equipment
* Aerospace & Defense
* Marine & Offshoring
* Other End-Users
Geography
APAC
* China
* Japan
* India
* South Korea
Europe
* Germany
* France
* Italy
* The UK
* Spain
* Switzerland
North America
* The US
* Canada
Latin America
* Mexico
* Brazil
* Middle East & Africa
* Saudi Arabia
* South Africa
The Arizton Advisory & Intelligence market research report provides valuable market insights for industry stakeholders, investors, researchers, consultants, and business strategists aiming to gain a thorough understanding of the machine tools market. Request for Free Sample to get a glance of the report now: [https://www.arizton.com/market-reports/machine-tools-market-size]
What Key Findings Will Our Research Analysis Reveal?
How big is the global machine tools market based on consumption?
Which region dominates the global machine tools market share?
Who are the major players in the global machine tools market?
What are the factors driving the global machine tools market growth?
Looking for Customization According to Your Business Requirement? https://www.arizton.com/customize-report/4576
Other Related Reports that Might be of Your Business Requirement
Global Hedge Trimmer Market Research Report 2020-2029
[https://www.arizton.com/market-reports/hedge-trimmer-market]
U.S. Hand Tools Market Research Report 2020-2029
[https://www.arizton.com/market-reports/us-hand-tools-market]
Why Arizton?
100%Customer Satisfaction
24x7availability - we are always there when you need us
200+Fortune 500 Companies trust Arizton's report
80%of our reports are exclusive and first in the industry
100%more data and analysis
1500+reports published till date
Post-Purchase Benefit
* 1hr of free analyst discussion
* 10% off on customization
About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Media Contact
Company Name: Arizton Advisory & Intelligence
Contact Person: Jessica
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=the-machine-tools-market-is-set-to-reach-revenue-of-17137-billion-by-2029-more-than-44-billion-opportunities-in-the-next-6-years-arizton]
Phone: +1 3122332770
Country: United States
Website: https://www.arizton.com/market-reports/machine-tools-market-size
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The Machine Tools Market is Set to Reach Revenue of $171.37 Billion by 2029, More than $44 Billion Opportunities in the Next 6 Years - Arizton here
News-ID: 3731783 • Views: …
More Releases from ABNewswire
How to Pick the Best Online Chemistry Tutoring Platform
Image: https://www.abnewswire.com/upload/2025/10/814f4b38d9855ce5fcc0509bfebaa240.jpg
Choosing the right chemistry tutoring platform can make the difference between academic success and continued struggles with complex reactions and molecular structures. With students increasingly turning to digital solutions for personalized learning support, the online chemistry tutoring market has exploded with options promising everything from AI-powered progress tracking to virtual lab experiences that transform how learners approach this challenging subject.
Essential Platform Features for Effective Online Chemistry Tutoring
Modern chemistry tutoring…
Chronic Myeloid Leukemia Pipeline Drugs Report 2025: Emerging Therapies, Clinica …
DelveInsight's "Chronic Myeloid Leukemia Pipeline Insight 2025" report provides comprehensive insights about 20+ companies and 20+ pipeline drugs in the Chronic Myeloid Leukemia pipeline landscape. It covers the Chronic Myeloid Leukemia Pipeline drug profiles, including clinical and nonclinical stage products. It also covers the Chronic Myeloid Leukemia Pipeline Therapeutics assessment by product type, stage, route of administration, and molecule type. It further highlights the inactive pipeline products in this space.
Curious…
Diabetic Retinopathy Pipeline Drugs Report 2025: Emerging Therapies, Clinical De …
DelveInsight's, "Diabetic Retinopathy Pipeline Insights 2025" report provides comprehensive insights about 50+ companies and 55+ pipeline drugs in the Diabetic Retinopathy pipeline landscape. It covers the Diabetic Retinopathy pipeline drug profiles, including clinical and nonclinical stage products. It also covers the Diabetic Retinopathy pipeline therapeutics assessment by product type, stage, route of administration, and molecule type. It further highlights the inactive pipeline products in this space.
Explore the comprehensive insights by…
Diabetic Macular Edema Pipeline Outlook Report 2025: Emerging Therapies, Clinica …
DelveInsight's, "Diabetic Macular Edema Pipeline Insight 2025" report provides comprehensive insights about 45+ companies and 50+ pipeline drugs in Diabetic Macular Edema pipeline landscape. It covers the Diabetic Macular Edema pipeline drug profiles, including clinical and nonclinical stage products. It also covers the Diabetic Macular Edema pipeline therapeutics assessment by product type, stage, route of administration, and molecule type. It further highlights the inactive pipeline products in this space.
Explore our…
More Releases for Tool
Data Annotation Tool Market Data Annotation Tool Market
The study on the Global Data Annotation Tool Market published by Fact.MR is a comprehensive analysis of the key factors that are likely to determine the growth of Data Annotation Tool Market in the upcoming years. Further, the study dives deep to investigate the micro and macro-economic parameters that are expected to influence the global scenario of the Data Annotation Tool Market during the forecast period (2022-2031).
The report examines the…
Research Report and Overview on Titanium Carbide Tool Market, 2020-2026 with Mit …
"Global Titanium Carbide Tool Industry Research Report” Provides Detailed Insight Covering all Important Parameters Including Development Trends, Challenges, Opportunities, Key Insights and Competitive Analysis of Titanium Carbide Tool Market.
COVID-19 can affect the global economy in 3 main ways: by directly affecting production and demand, by creating supply chain and market disturbance, and by its financial impact on firms and financial markets.
To know How COVID-19 Pandemic will impact this market/industry-DOWNLOAD sample…
Aluminum Carbide Tool Market Trend, Segmentation and Forecast to 2025| Mitsubish …
High speed steel tools and carbide tools are widely used machine tools. From which carbide tools are most popular for machining applications. Carbide tools have exceptional characteristics like wear resistance, material strength, chemical inertness and other superior properties.
The Aluminum Carbide Tool market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In…
Titanium Carbide Tool Market Size Study and Regional Forecasts 2019-2025| Mitsub …
High speed steel tools and carbide tools are widely used machine tools. From which carbide tools are most popular for machining applications. Carbide tools have exceptional characteristics like wear resistance, material strength, chemical inertness and other superior properties.
The Titanium Carbide Tool market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In…
What's driving the Solid Carbide Tool Market growth? Key Players are: Mitsubishi …
The worldwide market for Solid Carbide Tool is expected to grow at a CAGR of roughly over the next five years, will reach million US$ in 2024, from million US$ in 2019, according to a new Big Market Research study.
Get Discount Sample @ https://www.bigmarketresearch.com/request-for-discount/3009309?utm_source=SBL
This report focuses on the Solid Carbide Tool in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes…
Global Knurling Tool Market 2018-2025 Aloris Tool, Dorian Tool, Sassatelli
Recently added detailed market study "Global Knurling Tool Market" examines the performance of the Knurling Tool market 2018. It encloses an in-depth Research of the Knurling Tool market state and the competitive landscape globally. This report analyzes the potential of Knurling Tool market in the present and the future prospects from various angles in detail.
The Global Knurling Tool Market 2018 report includes Knurling Tool market Revenue, market Share, Knurling Tool…
