Global Machine Tools Automation Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Machine Tools Automation Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Machine tool automation is a technology that can complete the production process or program without manual assistance. It is realized by using instruction program combined with control system to execute instructions. Machine tool automation is a process that combines machine tools with loaders, robots and other peripheral equipment, so that machine tools can replace people to perform part or all of the processing process and improve production efficiency.

Market Overview:

The latest research study on the global Machine Tools Automation market finds that the global Machine Tools Automation market reached a value of USD 7054.03 million in 2023. It’s expected that the market will achieve USD 11705.03 million by 2029, exhibiting a CAGR of 8.81% during the forecast period.

Siemens and Ingersoll Machine Tools Expand Partnership

January 11, 2021

Based upon extensive experience in heavy machine tool building, Siemens' cutting-edge technologies in hardware complement Ingersoll Machine Tools' successful journey into the new market of additive manufacturing (AM) and have pushed the boundaries for industrial robots for the aerospace market with its entry-level robotic platforms MasterPrint® Robotic and MasterPrint®Continuous Filament.

Ingersoll Machine Tools is using the latest CNC automation hardware and software from Siemens to transform its business for the digital age. With the Siemens Virtual NC Kernel (VNCK), the company was able embed the real CNC kernel into a virtual machine, allowing Ingersoll Machine Tools to completely emulate real machine tool control and directly import the commissioning archive of the actual machine. That helped Ingersoll Machine Tools to save time with faster commissioning and to get the machine to their customers faster. From an end-customer perspective, users will be able to simulate the manufacturing of their product and shorten their time-to-market while increasing their product quality.

Machine tool automation is widely used

Machine tool automation is widely used across a wide range of industries, including aerospace, automotive, electronics, medical devices, and more. The use of automation technologies such as robotics, CNC machines, and advanced sensors has become increasingly important in achieving the precision, accuracy, and efficiency required for modern manufacturing.

Improve productivity and reduce costs

Automation technologies can perform tasks faster and more efficiently than humans, reducing cycle times and increasing throughput. This can help manufacturers produce more products in less time, improving their competitiveness and profitability.

Improved quality and consistency

Automation technologies can perform tasks with a high degree of accuracy and repeatability, reducing the risk of errors and defects in the manufacturing process. This can lead to improved product quality and customer satisfaction.

Solve the problem of labor shortage

As the manufacturing industry faces a shortage of skilled workers, automation technologies can help fill the gap by performing tasks that would otherwise require human labor. This can help manufacturers maintain production levels and improve efficiency, even in the face of labor shortages.

Machine tool automation is a widely used technology in modern manufacturing. Its benefits in terms of improved productivity, quality, and consistency, as well as its ability to address labor shortages, make it an important driver of the machine tools automation market.

Region Overview:

Europe is projected to account for a considerable share of the Machine Tools Automation market and is expected to become the largest region by 2028.

Company Overview:

FANUC is one of the major players operating in the Machine Tools Automation market, holding a share of 11.63% in 2023.

Fanuc is an industrial robot and factory automation company. It develops, produces, and sells computer numerical control (CNC) systems, lasers, robotics and factory automation solutions. The company offers a broad array of robot models with different payloads for aerospace, automotive, alternative energy, consumer goods, education, food, pharmaceuticals, medical devices and other industries. Fanuc markets products through a network of central technical centers and branch offices and overseas group companies. The company operates factories in Yamanashi, Kagoshima and Japan.

Segmentation Overview:

By type, Robot segment accounted for the largest share of market in 2022.

Robot

Machine tools automation robots, also known as industrial robots, are playing an increasingly important role in the machine tool automation market. These robots are designed to perform a wide range of manufacturing tasks, from handling and moving materials to performing complex assembly and machining processes.

System

Machine tools automation systems refer to the integration of various automation technologies, such as computer numerical control (CNC) machines, robotics, sensors, and software, into a unified system for controlling and optimizing manufacturing processes.

Solution

Machine tools automation solutions refer to a range of technologies and services that enable manufacturers to automate their production processes and improve efficiency, productivity, and quality.

Application Overview:

By application, the Automotive Part Manufacturing segment occupied the biggest share from 2018 to 2022.

Automotive Part Manufacturing

In the automotive industry, machine tools automation is used for a range of tasks, including machining engine blocks, cylinder heads, transmission cases, and other components. Automation technologies such as CNC machines and robotics can help manufacturers achieve higher precision and consistency in their production processes, leading to improved quality and lower costs. Additionally, machine tools automation can help manufacturers respond to changes in demand more quickly and efficiently, allowing them to adapt to changing market conditions.

Aerospace/Shipping Components Manufacturing

The aerospace and shipping industries require the production of large and complex components with tight tolerances. Machine tools automation is used to manufacture a range of components, including aircraft engine parts, landing gear, and ship propellers. Automation technologies can help manufacturers achieve higher precision and consistency in their production processes, leading to improved quality and reduced costs.

Medical Equipment's Manufacturing

Machine tools automation is used in the production of a range of medical equipment, including surgical instruments, implants, and diagnostic devices. Automation technologies can help manufacturers achieve the precision and accuracy required for these products, while also ensuring consistent quality and reliability. Additionally, machine tools automation can help manufacturers maintain strict quality control and compliance with regulatory requirements.
Other Mid To High Volume Components Manufacturing Machine tools automation is used in many other industries for the production of mid to high volume components. This includes industries such as consumer electronics, industrial equipment, and renewable energy. Automation technologies can help manufacturers achieve greater efficiency and productivity in their operations, while also improving quality and reducing costs.

Key Companies in the global Machine Tools Automation market covered in Chapter 3:

Mazak
Murata
UK Manufacturing Group
BMO Automation
MAC Machines & Tools
Haas
KUKA
GF Machining Solutions
FUJI
Methods Machine Tools
HCNC
FANUC
GSK CNC Equipment (CN)
SW Machines
KRC Machine Tool Solutions
Makino
MCM
Absolute Machine Tools
Staubli
bavius technologie gmbh
Siemens

In Chapter 4 and Chapter 14.2, on the basis of types, the Machine Tools Automation market from 2019 to 2030 is primarily split into:

Robot
System

Solution

Other

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Machine Tools Automation market from 2019 to 2030 covers:

Automotive Part Manufacturing
Aerospace/Shipping Components Manufacturing
Medical Equipment's Manufacturing
Other Mid To High Volume Components Manufacturing

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)