Description

About machine tools

Machine tools are used to cut and shape metals and nonmetallic materials based on the specifications of a product. They enable manufacturing of critical components with utmost ease and accuracy. These tools include metal cutting machine tools, metal forming machine tools, and machine tools accessories. Companies extensively use them across sectors such as automotive, general machinery, precision engineering, transport, aerospace, and dies and molds.

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Technavio's analysts forecast the machine tools market in Germany to grow at a CAGR of 5.10% over the period 2014-2019.

Covered in this report
This report covers the present scenario and the growth prospects of the machine tools market in Germany for the period 2015-2019. To calculate the market size, it considers the revenue generated from the sales of metal cutting machine tools, metal forming machine tools, and tool accessories. This report does not provide the market share of vendors; it lists only the key vendors in the market.

In terms of product, the market is segmented into three: metal cutting, metal forming, and tool accessories.

Key country

Germany

Key vendors

DMG MORI SEIKI
Schuler
TRUMPF Group

Other prominent vendors

Alzmetall
FFG-Werke
Grob-Werke
HAMUEL Maschinenbau
Heller
Hermle
Index-Werke
Kapp Group
Krause & Mauser Group
Leistritz
MAG IAS
Samag
Schtte
Schwbische Werkzeugmaschinen
Starrag Group
United Grinding Group
Waldrich Coburg
Weisser

Key market driver

Awareness among consumers
For a full, detailed list, view our report

Key market challenge

Need for skilled persons
For a full, detailed list, view our report

Key market trend

Stimulus package of European Central Bank
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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