Global Machine Tools market is expected to reach 62700 million US$ by the end of 2025
The global Machine Tools market is valued at 69200 million US$ in 2018 is expected to reach 62700 million US$ by the end of 2025, growing at a CAGR of -1.2% during 2019-2025. https://www.qyresearch.com/index/detail/965630/global-machine-tools-market
The global Machine Tools market is valued at 69200 million US$ in 2018 is expected to reach 62700 million US$ by the end of 2025, growing at a CAGR of -1.2% during 2019-2025.
https://www.qyresearch.com/index/detail/965630/global-machine-tools-market
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<strong>Global</strong> <strong>Machine</strong> <strong>Tools</strong> <strong>market</strong> <strong>is</strong><br />
<strong>expected</strong> <strong>to</strong> <strong>reach</strong> <strong>62700</strong><br />
<strong>million</strong> <strong>US$</strong> <strong>by</strong> <strong>the</strong> <strong>end</strong> <strong>of</strong> <strong>2025</strong><br />
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<strong>Machine</strong> Tool <strong>is</strong> able <strong>to</strong> complete <strong>the</strong> turning, milling,<br />
planing, shearing, b<strong>end</strong>ing, boring, grinding, stamping,<br />
machining and drilling and o<strong>the</strong>r machining function.<br />
There are varieties <strong>of</strong> <strong>Machine</strong> <strong>Tools</strong> are used which<br />
include Metal Cutting <strong>Machine</strong> Tool, Metal Forming<br />
<strong>Machine</strong> Tool and o<strong>the</strong>r <strong>Machine</strong> <strong>Tools</strong>. The Metal<br />
Cutting <strong>Machine</strong> including: La<strong>the</strong>, Drilling <strong>Machine</strong>,<br />
Milling <strong>Machine</strong>, Boring <strong>Machine</strong>, Grinding <strong>Machine</strong>,<br />
Machining Center etc. The Metal Forming <strong>Machine</strong> Tool<br />
including: Pressure machine, B<strong>end</strong>ing machine, Shearing<br />
device, Casting <strong>Machine</strong>, Punching <strong>Machine</strong> etc.<br />
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In th<strong>is</strong> report, we stat<strong>is</strong>tic <strong>the</strong> global <strong>to</strong>tal production and<br />
consumption <strong>of</strong> machine <strong>to</strong>ols, o<strong>the</strong>rw<strong>is</strong>e, we also introduce <strong>the</strong><br />
following <strong>Machine</strong> <strong>Tools</strong> in detail, which include Machining<br />
Centers, Turning <strong>Machine</strong>s, Grinding <strong>Machine</strong>s, Electrical<br />
D<strong>is</strong>charge <strong>Machine</strong>s, etc.<br />
The <strong>to</strong>p types <strong>of</strong> <strong>Machine</strong> <strong>Tools</strong> mainly include Machining<br />
Centers (41.7%), Turning <strong>Machine</strong>s (33.9%), Grinding <strong>Machine</strong>s<br />
(8.1%), Electrical D<strong>is</strong>charge <strong>Machine</strong>s (3.4%), etc. The large<br />
demand from downstream <strong>is</strong> <strong>Machine</strong>ry Manufacturing,<br />
Aerospace & Defense, Au<strong>to</strong>mobile industry and o<strong>the</strong>r industries.<br />
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In <strong>the</strong> year from 2009-2012, with <strong>the</strong> economic recovery from<br />
global financial cr<strong>is</strong><strong>is</strong>, <strong>the</strong> <strong>Machine</strong> <strong>Tools</strong> industry have an<br />
explosive growth both in <strong>the</strong> production and consumption in <strong>the</strong><br />
world. But it came <strong>to</strong> be different in 2013-2015, <strong>the</strong> global<br />
machine <strong>to</strong>ol <strong>market</strong> began <strong>to</strong> go down, especially in China, <strong>the</strong><br />
leading players began <strong>to</strong> loss, some small players closed, some<br />
foreign inves<strong>to</strong>rs shut <strong>the</strong>ir Chinese Plant (e.g. DMG), <strong>the</strong> Chinese<br />
<strong>market</strong> goes worse in 2017, labor cost r<strong>is</strong>ing, energy cost r<strong>is</strong>ing,<br />
orders declining, industrial transformation, etc. makes <strong>the</strong> machine<br />
<strong>to</strong>ol <strong>market</strong> <strong>to</strong> face a serious challenge. The revenue <strong>of</strong> leading<br />
players goes on dropping out, even bankruptcy arrives (e.g. DMTG).<br />
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<strong>Global</strong> <strong>market</strong> shows a high concentration in <strong>the</strong><br />
production <strong>of</strong> <strong>Machine</strong> <strong>Tools</strong> <strong>by</strong> countries, especially<br />
in <strong>the</strong> high-performance field. The core technology<br />
<strong>of</strong> high-performance <strong>is</strong> hold in several developed<br />
countries like Germany, Japan, US and so on. The<br />
emerging countries play an important role in <strong>the</strong><br />
manufacturing <strong>of</strong> <strong>the</strong> low-<strong>end</strong> product series.<br />
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• The global <strong>Machine</strong> <strong>Tools</strong> <strong>market</strong> <strong>is</strong> valued at 69200 <strong>million</strong><br />
<strong>US$</strong> in 2018 <strong>is</strong> <strong>expected</strong> <strong>to</strong> <strong>reach</strong> <strong>62700</strong> <strong>million</strong> <strong>US$</strong> <strong>by</strong> <strong>the</strong><br />
<strong>end</strong> <strong>of</strong> <strong>2025</strong>, growing at a CAGR <strong>of</strong> -1.2% during 2019-<strong>2025</strong>.<br />
Click <strong>to</strong> view <strong>the</strong> full report:<br />
https://www.qyresearch.com/index/detail/965630/<br />
global-machine-<strong>to</strong>ols-<strong>market</strong><br />
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