COVID-19 Impact and Recovery Analysis- Metal Machining Market 2020-2024 | Demand from Oil & Gas Sector to Boost Growth | Technavio

Technavio has been monitoring the metal machining market and it is poised to grow by USD 14.76 billion during 2020-2024, progressing at a CAGR of 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Metal Machining Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Metal Machining Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Request for Technavio's latest reports on directly and indirectly impacted markets. Market estimates include pre- and post-COVID-19 impact on the Metal Machining Market Download free sample report

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AMADA HOLDINGS Co. Ltd., Atlas Copco AB, Colfax Corp., DMG MORI Global Marketing GmbH, FANUC Corp., Messer Cutting Systems Inc., Okuma Corp., Sandvik AB, Shenyang Machine Tools Co. Ltd., and TRUMPF GmbH + Co. KG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Demand from the oil & gas sector has been instrumental in driving the growth of the market.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/report/metal-machining-market-industry-analysis

Metal Machining Market 2020-2024: Segmentation

Metal Machining Market is segmented as below:

  • End-user
  • Automotive
  • Construction
  • Aerospace
  • Others
  • Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America

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Metal Machining Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our metal machining market report covers the following areas:

  • Metal Machining Market Size
  • Metal Machining Market Trends
  • Metal Machining Market Analysis

This study identifies the emergence of 3D printing in manufacturing as one of the prime reasons driving the metal machining market growth during the next few years.

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Metal Machining Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist metal machining market growth during the next five years
  • Estimation of the metal machining market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the metal machining market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of metal machining market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Value Chain Analysis
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market outlook
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY END-USER

  • Market segmentation by end-user
  • Comparison by end-user
  • Automotive - Market size and forecast 2019-2024
  • Construction - Market size and forecast 2019-2024
  • Aerospace - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Increasing focus on Internet of Things (IoT)
  • Emergence of 3D printing in manufacturing
  • Growing adoption of automation to leverage profitability

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • AMADA HOLDINGS Co. Ltd.
  • Atlas Copco AB
  • Colfax Corp.
  • DMG MORI Global Marketing GmbH
  • FANUC Corp.
  • Messer Cutting Systems Inc.
  • Okuma Corp.
  • Sandvik AB
  • Shenyang Machine Tools Co. Ltd.
  • TRUMPF GmbH + Co. KG

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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