Please Wait.....
Report
Machine Tools - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)
Market Report I 2025-04-28 I 150 Pages I Mordor Intelligence
The Machine Tools Market size is estimated at USD 106.59 billion in 2025, and is expected to reach USD 123.09 billion by 2030, at a CAGR of 2.92% during the forecast period (2025-2030).
Key Highlights
- The growth of the global motion control market has triggered a substantial demand for motion control products, particularly in the robotics, electronics assembly, semiconductor, machine tool, and renewable energy industries. Advancements are being made in control components and have aided the simplification of machine design.
- To be more exact, in the machine tool industry, production climbed from USD 73 billion to USD 85 billion on the path to recovering from dips in 2020, while overall machine tool consumption increased from USD 70 billion in 2020 to USD 80 billion in 2021. Production worldwide outstripped consumption by USD 5 billion. This discrepancy might be caused, at least in part, by machine tool manufacturers seeking to anticipate supply chain problems. Machine tool prices may be under pressure due to the consequent surplus of tools, but they are more likely to be under pressure due to interruptions in the global supply chain, affecting machine tool manufacturers.
- With some jockeying for position, the top six producers: China, Germany, Italy, Japan, South Korea, and the United States; remain the same as in 2020. Due to a USD 2 billion rise from 2020, US production reached USD 7.5 billion in 2021. Due to increased production in Japan and a modest decline in output in Germany, Japan overtook Germany as the world's second-largest economy. Italy's output increased, but the U.S.'s increase was more significant, allowing it to overtake Italy and move to the number four spot.
- Despite being overshadowed by the recent impact of the pandemic, the movement toward e-mobility remains a significant point of focus for the machine tool industry, particularly for machine tool manufacturers and other traditional automotive part suppliers, as automotive firms are increasingly focusing on developing and producing electric vehicles (EVs).
Machine Tools Market Trends
Growth of the Automotive industry is driving the Machine Tool Industry
By 2030, India might be a global leader in shared transportation, opening doors for electric and driverless vehicles. To cut pollutants, electric vehicles are becoming more popular. By 2030, the electric car industry is anticipated to generate five crore employment. Between April 2000 and March 2022, the automobile industry attracted cumulative equity FDI inflows of around 32.84 billion USD. By 2023, the Indian government anticipates that the vehicle industry, key to the machine tool industry will draw 8-10 billion USD in domestic and foreign investments. Around the world, 79.1 million automobiles were produced in 2021, a 1.3% rise from 2020. The number of motor vehicles produced globally in 2020 and 2021 may be found in this infographic.
The European Automobile Manufacturers' Association (ACEA) urges policymakers to create an environment that will allow the market to recover and transition to zero-emission vehicles, as the EU car market is anticipated to contract by more than a quarter in 2019 compared to pre-pandemic 2019 levels. ZEV new registrations reached a significant milestone in 2021, accounting for 5.2% of all newly registered motor vehicles. In Canada, 1.6 million new cars were reported in 2021, a 6.5% increase from the previous year. Together, the three largest provinces in Canada accounted for 93.4% of new zero-emission vehicle registrations in 2021; 42.8% were in Quebec, 27.7% in British Columbia, and 22.9% in Ontario, regions where machine tool companies are likely to see increased demand.
CNC Machine Tools Expected to Dominate the Machine Tools Industry
Computer numerical control (CNC) machines streamline operational processes by reducing production time and minimizing human error. The growing demand for automated manufacturing in the industrial sector has resulted in the increasing usage of CNC machines within the machine tools industry. Also, the establishment of manufacturing facilities in Asia-Pacific has spurred the use of computer numerical controls in the sector.
Many machine tool manufacturers focus on efficient manufacturing techniques to try and gain a competitive advantage in the global machine tools market. They re-design their facilities, which contain CNC machines. Also, the integration of 3D printing with CNC machines is becoming a common addition to some new production units, which is expected to offer better multi-material capability and little resource wastage.
Furthermore, with the rising concerns over global warming and the depletion of energy reserves, CNC machines are actively being used in power generation, as this process requires wide-scale automation.
Machine Tools Industry Overview
The Machine Tools Market is relatively fragmented, with significant global and small and medium-sized local players. Some considerable machine tools companies include TRUMPF Group, Shenyang Machine Tool Group, Amada Co. Ltd, DMG Mori Seiki Co., Ltd, Falcon Machine Tools Co. Ltd, and many others. The regional hubs in the global machine tools market include China, Germany, Japan, and Italy. The machine tool companies are also focusing on developing more automated solutions with an increasing preference for automation. Furthermore, the industry is witnessing a trend of consolidation through mergers and acquisitions, highlighted by machine tool industry statistics. These strategies help companies enter new market areas and gain new customers.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions and Market Defination
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
2.1 Research Framework
2.2 Secondary Research
2.3 Primary Research
2.4 Data Triangulation and Insight Generation
2.5 Project Process and Structure
2.6 Engagement Framework
3 EXECUTIVE SUMMARY
4 MARKET INSIGHTS AND DYNAMICS
4.1 Current Market Scenario
4.2 Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunities
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers/Buyers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
4.4 Industry Value Chain Analysis
4.5 Key Government Regulations and Initiatives for the Manufacturing Sector
4.6 Metalworking Industry Snapshot
4.7 Technology Snapshot
4.7.1 Connected and Automated Machines
4.7.2 Advanced Controls/Motion Control Systems
4.7.3 Digitalization and Industry 4.0
4.7.4 Artificial Intelligence (AI) for Accurate Metal Cutting
4.8 Impact of COVID-19 on the Market
5 MARKET SEGMENTATION
5.1 By Type
5.1.1 Milling Machines
5.1.2 Drilling Machines
5.1.3 Turning Machines
5.1.4 Grinding Machines
5.1.5 Electrical Discharge Machines
5.1.6 Others
5.2 By End User
5.2.1 Automotive
5.2.2 Fabrication and Industrial Machinery Manufacturing
5.2.3 Marine and Aerospace & Defense
5.2.4 Precision Engineering
5.2.5 Other End Users
5.3 By Geography
5.3.1 Asia-Pacific
5.3.2 North America
5.3.3 Europe
5.3.4 Middle East and Africa
5.3.5 Latin America
6 COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Trumpf Group
6.2.2 Shenyang Machine Tool Group
6.2.3 Amada Co. Ltd
6.2.4 Dalian Machine Tool Group
6.2.5 Komatsu Ltd
6.2.6 Dmg Mori Seiki Co. Ltd
6.2.7 Schuler AG
6.2.8 Jtekt Corporation
6.2.9 Okuma Corporation
6.2.10 Mag
6.2.11 Makino Milling Machine Co. Ltd*
7 FUTURE OF THE MARKET
8 APPENDIX
8.1 GDP Distribution by Activity - Key Countries
8.2 Insights into Capital Flows Key Countries
8.3 Economic Statistics for the Manufacturing Sector
8.4 Global Manufacturing Industry Statistics
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security