Global CNC Metal Cutting Machine Tools Market Growth 2023-2029

Global CNC Metal Cutting Machine Tools Market Growth 2023-2029

Product Code:454304

Published Date: Feb 08,2023

Pages: 102

Region: Global

Category: Machinery & Equipment

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A CNC Metal Cutting Machine Tool is a machine for cutting metal or other rigid materials.

LPI (LP Information)' newest research report, the “CNC Metal Cutting Machine Tools Industry Forecast” looks at past sales and reviews total world CNC Metal Cutting Machine Tools sales in 2022, providing a comprehensive analysis by region and market sector of projected CNC Metal Cutting Machine Tools sales for 2023 through 2029. With CNC Metal Cutting Machine Tools sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world CNC Metal Cutting Machine Tools industry.

This Insight Report provides a comprehensive analysis of the global CNC Metal Cutting Machine Tools landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on CNC Metal Cutting Machine Tools portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global CNC Metal Cutting Machine Tools market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for CNC Metal Cutting Machine Tools and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global CNC Metal Cutting Machine Tools.

The global CNC Metal Cutting Machine Tools market size is projected to grow from US$ 92310 million in 2022 to US$ 170140 million in 2029; it is expected to grow at a CAGR of 170140 from 2023 to 2029.

China is the largest CNC Metal Cutting Machine Tools market, with a share over 35%, followed by Japan and Western Europe, both have a share over 35%. 
In terms of product, CNC Lathes is the largest segment, with a share over 30%. And in terms of application, the largest application is Automobiles Manufacturing, followed by Construction Machinery, Agricultural Machinery, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of CNC Metal Cutting Machine Tools market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    CNC Lathes
    CNC Milling Machines
    CNC Grinders
    CNC Boring Machines
    CNC Drills
    CNC Machining Centers
    Others

Segmentation by application
    Automobiles Manufacturing
    Construction Machinery
    Aircrafts
    Ships
    Agricultural Machinery
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Bystronic
    Coherent
    Colfax
    Komatsu
    Nissan Tanaka
    Trumpf
    Yamazaki Mazak
    DMG Mori Seiki
    AMADA
    Okuma Corporation
    Schuler
    GF Machining Solutions
    Haas Automation
    Emag

Key Questions Addressed in this Report
What is the 10-year outlook for the global CNC Metal Cutting Machine Tools market?
What factors are driving CNC Metal Cutting Machine Tools market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do CNC Metal Cutting Machine Tools market opportunities vary by end market size?
How does CNC Metal Cutting Machine Tools break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?