Machine Tool Global Market Briefing 2023

Machine Tool Global Market Briefing 2023

Global machine tool market was worth $64.8 billion in 2022. It was the second largest segment within the metalworking machinery market accounting for 25.5%. In terms of per capita consumption, the market was $8.3 and in terms of global GDP, the market was 0.06%. Machine tool was the second largest segment within the metalworking machinery market accounting for 25.5% preceded and followed by cutting tool and machine tool accessory at 31.0% and special die and tool, die set, jig, and fixture at 22.9% respectively.

Machine Tool Global Market Briefing 2023 provides strategists, marketers and senior management with the critical information they need to assess the global machine tool sector.

Reasons to Purchase

• Measure the impact of high global inflation on market growth
• Assess the Russia – Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
• Identify growth segments and opportunities.
• Facilitate decision making on the basis of historic and forecast data
• Develop strategies based on likely future developments.
• Gain a global perspective on the development of the market.

Description

Machine Tool Global Market Briefing 2023 from the Business Research Company covers market characteristics, size and growth, segmentation, regional breakdowns, trends and strategies for this market. The market characteristics section of the report defines and explains the market. The market size section gives the machine tool market revenues, covering both the historic growth of the market and forecasting the future. Market segmentations break down the key sub sectors which make up the market. The regional breakdowns section gives the size of the market geographically. The trends and strategies section highlights the likely future developments in the machine tool market and suggests approaches.

Scope

Markets Covered: Metal Forming Tools; Metal Cutting Tools

Companies Mentioned: Berkshire Hathaway Inc.; TRUMPF Group; Amada Co., Ltd; Fanuc Corp; Taiyo Nippon Sanso Corporation

Geographic scope: Asia Pacific, North America, Western Europe, Eastern Europe, South America, Middle East, Africa

Countries: Australia, China, Hong Kong, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, Vietnam, Canada, USA, Mexico, Argentina, Brazil, Chile, Colombia, Peru, Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK, Czech Republic, Poland, Romania, Russia, Israel, Saudi Arabia, Turkey, UAE, Egypt, Nigeria, South Africa

Time series: Five years historic and forecast

Data: Market value in $ billions.

Data segmentations: Regional breakdowns, key sub segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.