Jul 30, 2022   SOURCE: BusinessWire

Global Metalworking Machinery Markets, 2016-2021, 2021-2026F, 2031F: Metalworking Knives And Bits; Measuring Attachments; Metalworking Drill Bits; Machine Tool Taps And Dies - ResearchAndMarkets.com

The "Metalworking Machinery Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

The global metalworking machinery market is expected to grow from $230.48 billion in 2021 to $254.79 billion in 2022 at a compound annual growth rate (CAGR) of 10.6%. The market is expected to grow to $364.92 billion in 2026 at a compound annual growth rate (CAGR) of 9.4%.

Major companies in the metalworking machinery market include Sandvik AB, Berkshire Hathaway Inc, TRUMPF Group, Mitsubishi Heavy Industries Ltd, Amada Co. Ltd, Toyota Tsusho, Colfax Corporation, Fanuc Corp, Okuma Corporation, and Taiyo Nippon Sanso Corporation.

The metal working machinery market consists of sales of metalworking machinery by entities (organizations, sole traders, and partnerships) that produce metal working machinery.

The main types of metalworking machinery are special die and tool, die set, jig, and fixture, machine tool, industrial mold, rolling mill, and other metalworking machinery, and cutting tool and machine tool accessory. Industrial mold refers to the molding or shaping of a liquid or raw material.

The Asia Pacific was the largest region in the metalworking machinery market in 2021. Western Europe was the second largest region in the metalworking machinery market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The metalworking machinery manufacturing market growth is aided by stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global GDP growth will be 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period.

Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Stable economic growth is expected to increase investments in the end-user markets, thereby driving the market during the forecast period.

Machinery manufacturers are offering advanced 6-axis CNC milling machines to efficiently fabricate complex components. CNC milling is a specific type of computer numerical controlled (CNC) machining. This involves the use of computers to control machine tools like lathes, mills, routers, and grinders.

The 6-axis CNC machine converts a raw metal bar into the final product by turning from both ends of the fixture. This offers high-quality products while minimizing errors. CNC milling helps in the short-run production of complex parts and the fabrication of unique precision components.

Major companies manufacturing 6-axis CNC milling are Yamazaki Mazak, DMG MORI, ERLO, Giben International, Haas Automation, Knuth Machine Tools, IMSA.

Key Topics Covered:

1. Executive Summary

2. Report Structure

3. Metalworking Machinery Market Characteristics

3.1. Market Definition

3.2. Key Segmentations

4. Metalworking Machinery Market Product Analysis

4.1. Leading Products/ Services

4.2. Key Features and Differentiators

4.3. Development Products

5. Metalworking Machinery Market Supply Chain

5.1. Supply Chain

5.2. Distribution

5.3. End Customers

6. Metalworking Machinery Market Customer Information

6.1. Customer Preferences

6.2. End Use Market Size and Growth

7. Metalworking Machinery Market Trends And Strategies

8. Impact Of COVID-19 On Metalworking Machinery

9. Metalworking Machinery Market Size And Growth

9.1. Market Size

9.2. Historic Market Growth, Value ($ Billion)

9.2.1. Drivers Of The Market

9.2.2. Restraints On The Market

9.3. Forecast Market Growth, Value ($ Billion)

9.3.1. Drivers Of The Market

9.3.2. Restraints On The Market

10. Metalworking Machinery Market Regional Analysis

10.1. Global Metalworking Machinery Market, 2021, By Region, Value ($ Billion)

10.2. Global Metalworking Machinery Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Region

10.3. Global Metalworking Machinery Market, Growth And Market Share Comparison, By Region

11. Metalworking Machinery Market Segmentation

11.1. Global Metalworking Machinery Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Special Die And Tool, Die Set, Jig, And Fixture
  • Machine Tool
  • Industrial Mold
  • Rolling Mill And Other Metalworking Machinery
  • Cutting Tool And Machine Tool Accessory

11.2. Global Metalworking Machinery Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Automotive
  • Manufacturing
  • Other Applications

11.3. Global Metalworking Machinery Market, Segmentation By Capacity, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Small
  • Medium
  • Large

12. Metalworking Machinery Market Segments

12.1. Global Special Die And Tool, Die Set, Jig, And Fixture Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - Dies; Stamping and Other Tools; Jigs and fixtures

12.2. Global Machine Tool Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - Metal Cutting Tools; Metal Forming Tools

12.3. Global Industrial Mold Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - Metal Molds; Other Material Molds

12.4. Global Rolling Mill And Other Metalworking Machinery Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - Wire Drawing and Fabricating Machinery; Coil Winding and Cutting Machinery; Rolling Mill Machines; Other Rolling Mill And Other Metalworking Machinery

12.5. Global Cutting Tool And Machine Tool Accessory Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - Metalworking Knives And Bits; Measuring Attachments; Metalworking Drill Bits; Machine Tool Taps And Dies

13. Metalworking Machinery Market Metrics

13.1. Metalworking Machinery Market Size, Percentage Of GDP, 2016-2026, Global

13.2. Per Capita Average Metalworking Machinery Market Expenditure, 2016-2026, Global

Companies Mentioned

  • Sandvik AB
  • Berkshire Hathaway Inc.
  • TRUMPF Group
  • Mitsubishi Heavy Industries ltd.
  • Amada Co. Ltd.
  • Toyota Tsusho
  • Colfax Corporation
  • Fanuc Corp.
  • Okuma Corporation
  • Taiyo Nippon Sanso Corporation

For more information about this report visit https://www.researchandmarkets.com/r/koxyy