Global Machine Tools Market is projected to exhibit a CAGR of -1.27% between 2017 and 2025

The Total Machine Tools market size (By revenue) was 69 billion USD in 2017 and it will be 61 billion USD in 2025, with a CAGR -1.27% from 2017 to 2025. The market is driven by various end-user industries, such as machinery manufacturing, automobile, aerospace & defense, etc. The industry is not concentrated, top 10 took up about 30% of the global market in 2017. The key players include DMG MORI, Trumpf, AMADA, Yamazaki Mazak, FFG/MAG, Komatsu, Doosan Machine Tools, Okuma, JTEKT, Makino and so on.

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The top types of Machine Tools mainly include Machining Centers, Turning Machines, Grinding Machines, Electrical Discharge Machines, etc. The large demand from downstream is machinery manufacturing, aerospace & defense, automobile industry and other industries.

Global Machine Tools Market is projected to exhibit a CAGR of -1.27% between 2017 and 2025

In the year from 2009-2012, with the economic recovery from global financial crisis, the Machine Tools industry have an explosive growth both in the production and consumption in the world. But it came to be different in 2013-2015, the global machine tool market began to go down, especially in China, the leading players began to loss, some small players closed, some foreign investors shut their Chinese Plant, the Chinese market goes worse in 2017, labor cost rising, energy cost rising, orders declining, industrial transformation, etc. makes the machine tool market to face a serious challenge. The revenue of leading players goes on dropping out, even bankruptcy arrives.

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Global market shows a high concentration in the production of Machine Tools by countries, especially in the high-performance field. The core technology of high-performance is hold in several developed countries like Germany, Japan, US and so on. The emerging countries play an important role in the manufacturing of the low-end product series.

The Global Machine Tools Market Research Report 2018 report released by QYResearch provides a basic overview of the Machine Tools industry, including definition, classification, application and industrial chain structure. Discuss users and distributers as well as manufacturing processes and cost structures.

The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Machine Tools industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.

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