The global manufacturing industry today has become intensely competitive. Reduction in manufacturing cost and in-process times have become the need of the hour. Multitasking machine tools were developed owing to the growing competition and the emphasis on cost reduction, which made it necessary to develop a production system that could produce a wide variety of components to cater to the fluctuations in demand while requiring smaller floor areas.

PART 01: Executive summary

PART 02: Scope of the report

Market overview

Market size estimation

Segmentation by end-user

Segmentation by geography

Vendor analysis

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

PART 05: Market landscape

Market overview

Five forces analysis

PART 06: Market segmentation by end-user

Market overview

Aerospace manufacturing industry

Medical device manufacturing

PART 07: Geographical segmentation

Market overview

Americas

EMEA

APAC

PART 08: Market drivers

Ability to perform multiple operations on single

machines

Government initiatives to promote machine tools

Demand for superior-quality products and CNC

machines

PART 09: Impact of drivers

PART 10: Market challenges

Financial constraints driving market for low-cost

refurbished medical devices

Lack of skilled labor

Challenges faced by European machine tools

manufacturers

PART 11: Impact of drivers and challenges

PART 12: Market trends

Introduction of hybrid multi-tasking machine tools

Emergence of 3D printing

Surge in automation

PART 13: Vendor landscape

Competitive scenario

Other prominent vendors

PART 14: Key vendor analysis

Doosan Machine Tools

Mazak

Nakamura-Tome Precision Industry

Okuma Corporation

Tsugami

PART 15: Appendix

List of abbreviations

PART 16: Explore Technavio