Machine tools play a dominant role in the manufacturing industry and are part of almost every metal processing application. They are used for cutting and shaping metals and other materials to the specification provided by the product manufacturers. The machine tools help to process and manufacture critical components with utmost accuracy and ease. Based on the criticality of the operation, conventional or computer numerical control (CNC) machine tools are used.

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

Key market highlights

PART 05: Market landscape

Market overview

Five forces analysis

PART 06: Market segmentation by product

Market overview

Horizontal milling machines

Vertical milling machines

PART 07: Geographical segmentation

Market overview

APAC

EMEA

Americas

PART 08: Market drivers

Demand for superior-quality products and CNC

machines

Growth of fabricated metal products

Technology redefining CNC machine operations

PART 09: Impact of drivers

PART 10: Market challenges

Lack of skilled labor in the manufacturing sector

Hike in variable costs

Setbacks in European machine tools manufacturing

PART 11: Impact of drivers and challenges

PART 12: Market trends

6-axis CNC machine to transform machining operation

Advances in new milling tools

Rise in use of automation

PART 13: Vendor landscape

Competitive scenario

Other prominent vendors

PART 14: Key vendor analysis

Dalian Machine Tool Group (DMTG)

DMG MORI

GF machining solutions

Shenyang Machine Tools Co., Ltd. (SMTCL)

Yamazaki Mazak

PART 15: Appendix

List of abbreviations

PART 16: Explore Technavio