2024-2031 Report on Global Machine Tools Market by Player, Region, Type, Application and Sales Channel
Exclusive deal : 20% Instant discount on Direct purchases! Don't wait—claim your discount today!
The global Machine Tools market size is estimated to be $83.21 billion in 2023, and Market IntelliX analysts predict it will reach $120.2 billion by 2031, growing at a CAGR of 4.7% during the forecast period from 2023 to 2031.
This report studies the Machine Tools market, covering market size for segment by type (Milling Machines, Drilling Machines, etc.), by application (Automotive and Transportation, General Machinery, etc.), by sales channel (Direct Channel, Distribution Channel), by player (Yamazaki Mazak, DMG Mori Seiki, TRUMPF, AMADA, Okuma Corporation, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).
This report provides detailed historical analysis of global market for Machine Tools from 2018-2023, and provides extensive market forecasts from 2024-2031 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Machine Tools market.
Leading Players of Machine Tools including:
Yamazaki Mazak
DMG Mori Seiki
TRUMPF
AMADA
Okuma Corporation
MAG
JTEKT Corporation
Schuler
GF Machining Solutions
Haas Automation
Emag
Hyundai WIA
Doosan Infracore
Makino
INDEX
Bystronic
Körber Schleifring
Gleason
KOMATSU NTC
GROB
Hurco
HERMLE
Hardinge Group
Chiron
TORNOS
Schutte
NAGEL
MHI
SAMAG
SMTCL
Market split by Type:
Milling Machines
Drilling Machines
Turning Machines
Grinding Machines
Electrical Discharge Machines
Market split by Application:
Automotive and Transportation
General Machinery
Precision Engineering
Aerospace
Electrical Industry
Market split by Sales Channel:
Direct Channel
Distribution Channel
Market split by Region/Country:
North America (United States and Canada)
Europe (Germany, UK, France, Italy, Spain, and Russia, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia, etc.)
South America (Brazil, Mexico, and Argentina, etc.)
Middle East & Africa (Turkey, UAE, Saudi Arabia, and South Africa, etc.)
If you have any special requirements, please let us know and we can provide you the customized report as you want.
Chapter 1 Machine Tools Market Overview
1.1 Machine Tools Definition
1.2 Global Machine Tools Market Size Status and Outlook (2018-2031)
1.3 Global Machine Tools Market Size Comparison by Region (2018-2031)
1.4 Global Machine Tools Market Size Comparison by Type (2018-2031)
1.5 Global Machine Tools Market Size Comparison by Application (2018-2031)
1.6 Global Machine Tools Market Size Comparison by Sales Channel (2018-2031)
1.7 Machine Tools Market Dynamics
1.7.1 Market Drivers/Opportunities
1.7.2 Market Challenges/Risks
1.7.3 Market News (Merger/Acquisition/Expansion)
1.7.4 Key Trends in Machine Tools Market
Chapter 2 Machine Tools Market Competition by Player
2.1 Global Machine Tools Sales and Market Share by Player (2021-2023)
2.2 Global Machine Tools Revenue and Market Share by Player (2021-2023)
2.3 Global Machine Tools Average Price by Player (2021-2023)
2.4 Players Competition Situation & Trends
2.5 Conclusion of Segment by Player
Chapter 3 Machine Tools Market Segment by Type
3.1 Global Machine Tools Market by Type
3.1.1 Milling Machines
3.1.2 Drilling Machines
3.1.3 Turning Machines
3.1.4 Grinding Machines
3.1.5 Electrical Discharge Machines
3.2 Global Machine Tools Sales and Market Share by Type (2018-2023)
3.3 Global Machine Tools Revenue and Market Share by Type (2018-2023)
3.4 Global Machine Tools Average Price by Type (2018-2023)
3.5 Conclusion of Segment by Type
Chapter 4 Machine Tools Market Segment by Application
4.1 Global Machine Tools Market by Application
4.1.1 Automotive and Transportation
4.1.2 General Machinery
4.1.3 Precision Engineering
4.1.4 Aerospace
4.1.5 Electrical Industry
4.2 Global Machine Tools Revenue and Market Share by Application (2018-2023)
4.3 Conclusion of Segment by Application
Chapter 5 Machine Tools Market Segment by Sales Channel
5.1 Global Machine Tools Market by Sales Channel
5.1.1 Direct Channel
5.1.2 Distribution Channel
5.2 Global Machine Tools Revenue and Market Share by Sales Channel (2018-2023)
5.3 Conclusion of Segment by Sales Channel
Chapter 6 Machine Tools Market Segment by Region & Country
6.1 Global Machine Tools Market Size and CAGR by Region (2018-2031)
6.2 Global Machine Tools Sales and Market Share by Region (2018-2023)
6.3 Global Machine Tools Revenue and Market Share by Region (2018-2023)
6.4 North America
6.4.1 North America Market by Country
6.4.2 North America Machine Tools Market Share by Type
6.4.3 North America Machine Tools Market Share by Application
6.4.4 United States
6.4.5 Canada
6.5 Europe
6.5.1 Europe Market by Country
6.5.2 Europe Machine Tools Market Share by Type
6.5.3 Europe Machine Tools Market Share by Application
6.5.4 Germany
6.5.5 UK
6.5.6 France
6.5.7 Italy
6.5.8 Spain
6.5.9 Russia
6.6 Asia-Pacific
6.6.1 Asia-Pacific Market by Country
6.6.2 Asia-Pacific Machine Tools Market Share by Type
6.6.3 Asia-Pacific Machine Tools Market Share by Application
6.6.4 China
6.6.5 Japan
6.6.6 Korea
6.6.7 India
6.6.8 Southeast Asia
6.6.9 Australia
6.7 South America
6.7.1 South America Market by Country
6.7.2 South America Machine Tools Market Share by Type
6.7.3 South America Machine Tools Market Share by Application
6.7.4 Brazil
6.7.5 Mexico
6.7.6 Argentina
6.7.7 Colombia
6.8 Middle East & Africa
6.8.1 Middle East & Africa Market by Country
6.8.2 Middle East & Africa Machine Tools Market Share by Type
6.8.3 Middle East & Africa Machine Tools Market Share by Application
6.8.4 Turkey
6.8.5 UAE
6.8.6 Saudi Arabia
6.8.7 South Africa
6.9 Conclusion of Segment by Region
Chapter 7 Profile of Leading Machine Tools Players
7.1 Yamazaki Mazak
7.1.1 Company Snapshot
7.1.2 Product/Service Offered
7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)
7.2 DMG Mori Seiki
7.3 TRUMPF
7.4 AMADA
7.5 Okuma Corporation
7.6 MAG
7.7 JTEKT Corporation
7.8 Schuler
7.9 GF Machining Solutions
7.10 Haas Automation
7.11 Emag
7.12 Hyundai WIA
7.13 Doosan Infracore
7.14 Makino
7.15 INDEX
7.16 Bystronic
7.17 Körber Schleifring
7.18 Gleason
7.19 KOMATSU NTC
7.20 GROB
7.21 Hurco
7.22 HERMLE
7.23 Hardinge Group
7.24 Chiron
7.25 TORNOS
7.26 Schutte
7.27 NAGEL
7.28 MHI
7.29 SAMAG
7.30 SMTCL
Chapter 8 Upstream and Downstream Analysis of Machine Tools
8.1 Industrial Chain of Machine Tools
8.2 Upstream of Machine Tools
8.3 Downstream of Machine Tools
Chapter 9 Development Trend of Machine Tools (2024-2031)
9.1 Global Machine Tools Market Size (Sales and Revenue) Forecast (2024-2031)
9.2 Global Machine Tools Market Size and CAGR Forecast by Region (2024-2031)
9.3 Global Machine Tools Market Size and CAGR Forecast by Type (2024-2031)
9.4 Global Machine Tools Market Size and CAGR Forecast by Application (2024-2031)
9.5 Global Machine Tools Market Size and CAGR Forecast by Sales Channel (2024-2031)
Chapter 10 Appendix
10.1 Research Methodology
10.2 Data Sources
10.3 Disclaimer
10.4 Analysts Certification
Tables & Figures:
List of Tables and Figures
Figure Machine Tools Example
Figure Global Machine Tools Revenue (Million $) Status and Outlook (2018-2031)
Figure Global Machine Tools Revenue (Million $) Comparison by Region (2018-2031)
Figure Global Machine Tools Revenue (Million $) Comparison by Type (2018-2031)
Figure Global Machine Tools Revenue (Million $) Comparison by Application (2018-2031)
Figure Global Machine Tools Revenue (Million $) Comparison by Sales Channel (2018-2031)
Table Global Machine Tools Sales by Player (2021-2023)
Table Global Machine Tools Sales Market Share by Player (2021-2023)
Figure Global Machine Tools Sales Market Share by Player in 2023
Table Global Machine Tools Revenue (Million $) by Player (2021-2023)
Table Global Machine Tools Revenue Market Share by Player (2021-2023)
Figure Global Machine Tools Revenue Market Share by Player in 2023
Table Global Machine Tools Average Price by Player (2021-2023)
Figure Global Machine Tools Average Price by Player in 2023
Figure Global Machine Tools Players Competition Situation – Top 5 Players’ Revenue Market Share in 2021
Figure Global Machine Tools Players Competition Trends – Top 5 Players’ Revenue Market Share in 2023
Figure Example of Milling Machines
Figure Global Milling Machines Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Drilling Machines
Figure Global Drilling Machines Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Turning Machines
Figure Global Turning Machines Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Grinding Machines
Figure Global Grinding Machines Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Electrical Discharge Machines
Figure Global Electrical Discharge Machines Revenue (Million $) and Growth Rate (2018-2023)
Table Global Machine Tools Sales by Type (2018-2023)
Table Global Machine Tools Sales Market Share by Type (2018-2023)
Figure Global Machine Tools Sales Market Share by Type in 2023
Table Global Machine Tools Revenue (Million $) by Type (2018-2023)
Table Global Machine Tools Revenue Market Share by Type (2018-2023)
Figure Global Machine Tools Revenue Market Share by Type in 2023
Table Global Machine Tools Average Price by Type (2018-2023)
Figure Global Machine Tools Average Price by Type in 2023
Table Leading Players of Machine Tools by Type in 2023
Figure Example of Automotive and Transportation
Figure Global Machine Tools for Automotive and Transportation Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of General Machinery
Figure Global Machine Tools for General Machinery Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Precision Engineering
Figure Global Machine Tools for Precision Engineering Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Aerospace
Figure Global Machine Tools for Aerospace Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Electrical Industry
Figure Global Machine Tools for Electrical Industry Revenue (Million $) and Growth Rate (2018-2023)
Table Global Machine Tools Sales by Application (2018-2023)
Table Global Machine Tools Sales Market Share by Application (2018-2023)
Figure Global Machine Tools Sales Market Share by Application in 2023
Table Leading Consumers of Machine Tools by Application in 2023
Figure Example of Direct Channel
Figure Global Machine Tools for Direct Channel Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Distribution Channel
Figure Global Machine Tools for Distribution Channel Revenue (Million $) and Growth Rate (2018-2023)
Table Global Machine Tools Revenue by Sales Channel (2018-2023)
Table Global Machine Tools Revenue Market Share by Sales Channel (2018-2023)
Figure Global Machine Tools Revenue Market Share by Sales Channel in 2023
Table Leading Distributors/Dealers of Machine Tools by Sales Channel in 2023
Table Global Machine Tools Market Size and CAGR by Region (2018-2031)
Table Global Machine Tools Sales by Region (2018-2023)
Table Global Machine Tools Sales Market Share by Region (2018-2023)
Figure Global Machine Tools Sales Market Share by Region in 2023
Table Global Machine Tools Revenue (Million $) by Region (2018-2023)
Table Global Machine Tools Revenue Market Share by Region (2018-2023)
Figure Global Machine Tools Revenue Market Share by Region in 2023
Table North America Machine Tools Sales by Country (2018-2023)
Figure North America Machine Tools Sales Market Share by Country (2018-2023)
Table North America Machine Tools Revenue by Country (2018-2023)
Figure North America Machine Tools Revenue Market Share by Country (2018-2023)
Figure North America Machine Tools Market Share by Type in 2023
Figure North America Machine Tools Market Share by Application in 2023
Figure United States Machine Tools Sales and Growth Rate (2018-2023)
Figure United States Machine Tools Revenue (Million $) and Growth Rate (2018-2023)
Figure Canada Machine Tools Sales and Growth Rate (2018-2023)
Figure Canada Machine Tools Revenue (Million $) and Growth Rate (2018-2023)
Table Europe Machine Tools Sales by Country (2018-2023)
Figure Europe Machine Tools Sales Market Share by Country (2018-2023)
Table Europe Machine Tools Revenue by Country (2018-2023)
Figure Europe Machine Tools Revenue Market Share by Country (2018-2023)
Figure Europe Machine Tools Market Share by Type in 2023
Figure Europe Machine Tools Market Share by Application in 2023
Figure Germany Machine Tools Sales and Growth Rate (2018-2023)
Figure Germany Machine Tools Revenue (Million $) and Growth Rate (2018-2023)
Figure UK Machine Tools Sales and Growth Rate (2018-2023)
Figure UK Machine Tools Revenue (Million $) and Growth Rate (2018-2023)
Figure France Machine Tools Sales and Growth Rate (2018-2023)
Figure France Machine Tools Revenue (Million $) and Growth Rate (2018-2023)
Figure Italy Machine Tools Sales and Growth Rate (2018-2023)
Figure Italy Machine Tools Revenue (Million $) and Growth Rate (2018-2023)
Figure Spain Machine Tools Sales and Growth Rate (2018-2023)
Figure Spain Machine Tools Revenue (Million $) and Growth Rate (2018-2023)
Figure Russia Machine Tools Sales and Growth Rate (2018-2023)
Figure Russia Machine Tools Revenue (Million $) and Growth Rate (2018-2023)
Table Asia-Pacific Machine Tools Sales by Country (2018-2023)
Figure Asia-Pacific Machine Tools Sales Market Share by Country (2018-2023)
Table Asia-Pacific Machine Tools Revenue by Country (2018-2023)
Figure Asia-Pacific Machine Tools Revenue Market Share by Country (2018-2023)
Figure Asia-Pacific Machine Tools Market Share by Type in 2023
Figure Asia-Pacific Machine Tools Market Share by Application in 2023
Figure China Machine Tools Sales and Growth Rate (2018-2023)
Figure China Machine Tools Revenue (Million $) and Growth Rate (2018-2023)
Figure Japan Machine Tools Sales and Growth Rate (2018-2023)
Figure Japan Machine Tools Revenue (Million $) and Growth Rate (2018-2023)
Figure Korea Machine Tools Sales and Growth Rate (2018-2023)
Figure Korea Machine Tools Revenue (Million $) and Growth Rate (2018-2023)
Figure India Machine Tools Sales and Growth Rate (2018-2023)
Figure India Machine Tools Revenue (Million $) and Growth Rate (2018-2023)
Figure Southeast Asia Machine Tools Sales and Growth Rate (2018-2023)
Figure Southeast Asia Machine Tools Revenue (Million $) and Growth Rate (2018-2023)
Figure Australia Machine Tools Sales and Growth Rate (2018-2023)
Figure Australia Machine Tools Revenue (Million $) and Growth Rate (2018-2023)
Table South America Machine Tools Sales by Country (2018-2023)
Figure South America Machine Tools Sales Market Share by Country (2018-2023)
Table South America Machine Tools Revenue by Country (2018-2023)
Figure South America Machine Tools Revenue Market Share by Country (2018-2023)
Figure South America Machine Tools Market Share by Type in 2023
Figure South America Machine Tools Market Share by Application in 2023
Figure Brazil Machine Tools Sales and Growth Rate (2018-2023)
Figure Brazil Machine Tools Revenue (Million $) and Growth Rate (2018-2023)
Figure Mexico Machine Tools Sales and Growth Rate (2018-2023)
Figure Mexico Machine Tools Revenue (Million $) and Growth Rate (2018-2023)
Figure Argentina Machine Tools Sales and Growth Rate (2018-2023)
Figure Argentina Machine Tools Revenue (Million $) and Growth Rate (2018-2023)
Figure Colombia Machine Tools Sales and Growth Rate (2018-2023)
Figure Colombia Machine Tools Revenue (Million $) and Growth Rate (2018-2023)
Table Middle East & Africa Machine Tools Sales by Country (2018-2023)
Figure Middle East & Africa Machine Tools Sales Market Share by Country (2018-2023)
Table Middle East & Africa Machine Tools Revenue by Country (2018-2023)
Figure Middle East & Africa Machine Tools Revenue Market Share by Country (2018-2023)
Figure Middle East & Africa Machine Tools Market Share by Type in 2023
Figure Middle East & Africa Machine Tools Market Share by Application in 2023
Figure Turkey Machine Tools Sales and Growth Rate (2018-2023)
Figure Turkey Machine Tools Revenue (Million $) and Growth Rate (2018-2023)
Figure UAE Machine Tools Sales and Growth Rate (2018-2023)
Figure UAE Machine Tools Revenue (Million $) and Growth Rate (2018-2023)
Figure Saudi Arabia Machine Tools Sales and Growth Rate (2018-2023)
Figure Saudi Arabia Machine Tools Revenue (Million $) and Growth Rate (2018-2023)
Figure South Africa Machine Tools Sales and Growth Rate (2018-2023)
Figure South Africa Machine Tools Revenue (Million $) and Growth Rate (2018-2023)
Table Company Snapshot of Yamazaki Mazak
Table Machine Tools Introduction of Yamazaki Mazak
Table Machine Tools Sales, Price, Revenue, Gross Margin and Market Share of Yamazaki Mazak (2021-2023)
Table Industrial Chain of Machine Tools
Table Leading Consumers of Machine Tools
Figure Global Machine Tools Sales and Growth Rate Forecast (2024-2031)
Figure Global Machine Tools Revenue and Growth Rate Forecast (2024-2031)
Table Global Machine Tools Market Size and CAGR Forecast by Region (2024-2031)
Table Global Machine Tools Market Size and CAGR Forecast by Type (2024-2031)
Table Global Machine Tools Market Size and CAGR Forecast by Application (2024-2031)
Table Global Machine Tools Market Size and CAGR Forecast by Sales Channel (2024-2031)
Research Methodology:
Machine Tools Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
| Market Size |
|
|
| Market Position of Top Company |
|
|
| Qualitative Analysis |
|
|
Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
| Primary Sources | Parameters | Key Data |
| Market Segments(by Application, by Type) |
|
|
| Total Market |
|
|