Press release
2025-2034 Machine Tools Market Evolution: Disruptions, Innovations, and Untapped Opportunities
Machine Tools Market Size
Machine Tools Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In the past few years, there has been a significant increase in the size of the machine tools market. It is projected to rise from $96.5 billion in 2024 to $101.51 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 5.2%. Factors contributing to this growth during the historic period include the industrial revolution and the expansion of manufacturing, globalization and industrialization, advancements in the automotive and aerospace sectors, a focus on precision engineering and quality standards, and demand from the military and defense sector.
Machine Tools Market Size Forecast: What's the Projected Valuation by 2029?
The market size of machine tools is poised to witness significant growth in the coming years, rising to $129.94 billion by 2029 with a CAGR of 6.4%. This growth during the forecast period can be linked to a shift towards lightweight materials, worldwide infrastructure initiatives, needs of the healare and medical industries, demands from the renewable energy sector, and growth of the aerospace and defense sector. Key trends for the forecast period are the integration of automation and robotics, the rise of digitalization and the fourth industrial revolution, demand for multi-functionality, adoption of sustainable manufacturing procedures, and the use of 5-axis machining.
View the full report here:
https://www.thebusinessresearchcompany.com/report/machine-tools-global-market-report
What Are the Drivers Transforming the Machine Tools Market?
The expansion of the manufacturing sector is anticipated to fuel the progression of the machine tools market. Machine tools encompass energy-operated devices utilized for workpiece processing and play a critical role in the mechanized parts manufacturing process. These machines are employed for shaping, trimming, and amalgamating devices. Consequently, a bolstered manufacturing industry would mean an amplified requirement for machine tools. For instance, the Australian Bureau of Statistics, a national statistical organization based in Australia, reported an uptick in EBITDA to 51,574 in 2022 for manufacturing establishments in Australia, an increase from 50,446 in 2021. Hence, the thriving manufacturing sector is a key driver for the growth of the machine tools market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6137&type=smp
What Long-Term Trends Will Define the Future of the Machine Tools Market?
The current primary trend in the machine tools market is the advent of new product innovations. In order to maintain their standing in the market, prominent companies in this sector are focussed on developing innovative products. For example, in June 2022, LMW Machine Tool Division, an Indian company specializing in automation machinery manufacturing, introduced two fresh products - JG 50 Vertical Machining Center and LF20C Twin G Twin Turret Chucker, and displayed three cutting-edge machines and machining solutions at the INTEC 2022 exhibition in Coimbatore. The distinctive traits of the JG 50 Vertical Machining Center encompass an acceleration greater than 1G and spindle speed that reaches 16,000 rpm. The LF20C Twin G Twin Turret Chucker is characterised by dual spindles and dual turrets, representing two CNC Turning Centres combined into a single machine.
Which Segments in the Machine Tools Market Offer the Most Profit Potential?
The machine tools market 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
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=6137&type=smp
Which Firms Dominate the Machine Tools Market by Market Share and Revenue in 2025?
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
Which Regions Offer the Highest Growth Potential in the 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 the machine tools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6137
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 2025-2034 Machine Tools Market Evolution: Disruptions, Innovations, and Untapped Opportunities here
News-ID: 4114123 • Views: …
More Releases from The Business Research Company
Neurogenomics Industry to Achieve $2.60 Billion Growth by 2029
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
How Will the Neurogenomics Market Grow by 2025 in Terms of Size and Growth?
The scale of the neurogenomics market has quickly expanded in the past few years. Its growth is projected to rise from $1.31 billion in 2024 to $1.50 billion in 2025, with a compound annual growth rate (CAGR) of…
Monopolar Electrosurgery Instrument Market on Path to Hit $2.78 Billion by 2029 …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Monopolar Electrosurgery Instrument Market Outlook: What Size And CAGR Are Anticipated By 2025?
In recent times, the monopolar electrosurgery instrument market has experienced significant growth. The market size is set to expand from $2.17 billion in 2024 to $2.29 billion in 2025, marking a compound annual growth rate (CAGR) of…
Microsurgery Robot Market to Surpass $4.20 Billion by 2029 | Key Trends & Insigh …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
How Will the Microsurgery Robot Market Grow by 2025 in Terms of Size and Growth?
In recent times, the microsurgery robot market has seen a significant scale of expansion. It is projected to surge from $2.07 billion in 2024 to $2.39 billion in 2025, with a compound annual growth rate (CAGR) of…
Global Medical Variable Force Spring Market Worth $1.61 Billion by 2029, Growing …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Medical Variable Force Spring Market Outlook: What Size And CAGR Are Anticipated By 2025?
The market for medical variable force springs has witnessed substantial growth in the past few years. Its size is expected to increase from $1.10 billion in 2024 to $1.19 billion in 2025, with a compound annual…
More Releases for Machine
Concrete Block Machine market: Lucrative Segments and their Underlying Factors | …
"
The Concrete Block Machine global market is thoroughly researched in this report, noting important aspects like market competition, global and regional growth, market segmentation and market structure. The report author analysts have estimated the size of the global market in terms of value and volume using the latest research tools and techniques. The report also includes estimates for market share, revenue, production, consumption, gross profit margin, CAGR, and other key…
Agriculture Machine to Machine (M2M) Agriculture Machine to Machine (M2M)
Global Agriculture Machine to Machine (M2M) market study offers an all-inclusive analysis of the major strategies, corporate models, and market shares of the most noticeable players in this market. Significant market players of market their aggressive scene, improvement plans and arrangements are clarified in the research report. Further, the market status and SWOT analysis are conducted on a regional and country level to prepare development plans and analyse the market…
Machine To Machine (M2M) Connections Market
Machine to Machine (M2M) Connections Market Research study which offers insights of in-depth research on historic and current market size along with the expected future prospects of the market and emerging trends in the market. The Machine to Machine (M2M) Connections Market report provides crucial information about the market, including Opinions from Industry experts, and the recent progressions and developments of the Machine to Machine (M2M) Connections Market.
Mobile, other connected…
Drilling Machine Market by Type (Sensitive Drilling Machine, Upright Drilling Ma …
Asia-Pacific serves as the most productive region as compared to others with diverse industry verticals significantly investing in drilling machine. Moreover, various domestic players are investing in the automotive and military & defense sectors, which is anticipated to boost the demand for drilling machines and its components to complete the respective operations with reduced labor cost and high precision of work within optimized time. Furthermore, the drilling machine market is…
Drilling Machine Market Report 2018: Segmentation by Type (Portable Drilling Mac …
Global Drilling Machine market research report provides company profile for Halliburton, Atlas Copco, Torquado Drilling Accessories, DATRON, DMTG, DMG MORI, SMTCL, NewTech Drilling Products, Baker Huges, Cheston, National Oilwell Varco and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the…
Washing Machine Market Report 2018: Segmentation by Washing Machine Type (Drum-t …
Global Washing Machine market research report provides company profile for Frigidaire (US), Arbreau (US), Kenmore (US), ECOAP (China), Turbo Series (Korea), Avanti (Denmark), Fisher & Paykel (New Zealand), Globe House Products (US), GE (US), LG (Korea), Electrolux (Sweden), Samsung (Korea), Speed Queen(US), Bosch (Germany) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018…
