Metalworking Machinery Manufacturing Market Insights As Per TBRC’s Latest Report


Posted December 24, 2018 by vamshi1

The global metalworking machinery manufacturing market was valued around $312 billion in 2017. Asia Pacific was the largest region in the metalworking machinery manufacturing market in 2017

 
The Business Research Company’s global metalworking machinery manufacturing market analysis covers the year-on-year growth of the global metalworking machinery manufacturing market historic and forecast growth. it also includes chapters on the metalworking machinery manufacturing market trends, geographical analysis, and competitive landscape.

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The global metalworking machinery manufacturing market is forecast to grow at a CAGR (compound annual growth rate) of around 6% by 2020.

Metalworking Machinery Manufacturing Market Segmentation

According to TBRC’s global metalworking machinery manufacturing market research, the market is split by segments into Special Die and Tool, Die Set, Jig, and Fixture Manufacturing Machine Tool Manufacturing, Industrial Mold Manufacturing, Rolling Mill and Other Metalworking Machinery Manufacturing, Cutting Tool and Machine Tool Accessory Manufacturing.

Special Die and Tool, Die Set, Jig, and Fixture Manufacturing was the largest segment in the metalworking machinery manufacturing market accounting to 30% of the market. This includes companies manufacturing special tools and fixtures such as cutting dies and jigs. These establishments are also known as tool and die shops.

Machine Tool Manufacturing was the second largest segment in the metalworking machinery manufacturing market. This includes companies primarily involved in manufacturing metal cutting and metal forming machine tools (except hand tools), such as punching, sheering, bending, forming, pressing, forging and die-casting machines.

Industrial Mold Manufacturing was the third largest segment in the metalworking machinery manufacturing market. this includes establishments mainly involved in manufacturing industrial molds for casting metals or forming other materials such as plastics, glass, or rubber.

Rolling Mill and Other Metalworking Machinery Manufacturing was the fourth largest segment in the metalworking machinery manufacturing market. This includes establishments manufacturing rolling mill machinery and equipment and/or other metalworking machinery (except industrial molds, special dies and tools, die sets, jigs, and fixtures, cutting tools and machine tool accessories, and machine tools).

Cutting Tool and Machine Tool Accessory Manufacturing was the smallest segment in the metalworking machinery manufacturing market. This includes establishments manufacturing accessories and attachments for metal cutting and metal forming machine tools.

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Special Die and Tool, Die Set, Jig, and Fixture Manufacturing had the highest CAGR (compound annual growth rate) of 10% during 2013-2017; this region is expected to grow at a CAGR of 6% during 2017-2021.

The global metalworking machinery manufacturing market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.

The global Special Die and Tool, Die Set, Jig, and Fixture Manufacturing Machine Tool Manufacturing, Industrial Mold Manufacturing, Rolling Mill and Other Metalworking Machinery Manufacturing, Cutting Tool and Machine Tool Accessory manufacturing market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.

The top companies included in the report are TRUMPF Group, Kennametal, Inc., Amada Co., Ltd., Komatsu Ltd, and Okuma Corporation.

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Last Updated December 24, 2018