Global Machine Tools

Global Machine Tools

This report forecasts to 2023 global demand for machine tools by product, market, and major world region in nominal US dollars at the manufacturer level. Product segments include: metal cutting, metal forming, and machine tool accessories and spare parts. Reported markets encompass: machinery; transportation equipment; primary and fabricated metals; electrical and electronic equipment; and other markets such as construction, packaging, and power generation. Major world regions include North America, Western Europe, Asia/Pacific, and all other regions.

To illustrate historical trends, world, product, market, and regional demand (including product and market segments) are provided for 2008, 2013, and 2018.

Excluded from the scope of this report are: tools designed primarily for home use or nonmetal applications, as well as industrial patterns, welding apparatus, and other types of metalworking machinery (e.g., foundry equipment); used machine tools of all types; and related services such as equipment rebuilding, retrofitting, and systems integration.

For any given historical year, US dollar amounts are obtained from values expressed in the applicable local currency. These local currency values are converted to US dollars at the average annual exchange rate for that year. For forecast years, the US dollar amounts assume the same annual exchange rate as that prevailing in 2018.

Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.

Related NAICS Codes:
333515 Cutting tool and machine tool accessory mfg
333517 Machine tool mfg