Metalworking Equipment Market Size, Share, and Outlook, 2025 Report- By Type (Lathe Machines, Milling Machines, Grinding Machines, Drilling Machines, Saw Machines, Others), By End-User (Automotive, Manufacturing, Construction, Marine, Others), 2018-2032

Metalworking Equipment Market Outlook

Metalworking Equipment Market Size is forecast to reach $405.9 Billion in 2032 from $246.3 Billion in 2025, at an optimistic growth rate of 7.3% from 2025 to 2032. The robust Metalworking Equipment Market growth presents potential growth opportunities for companies across the industry value chain.

The comprehensive market research report presents 12-year historic and forecast data on Metalworking Equipment Market segments across 22 countries from 2021 to 2032. Key segments in the report include By Type (Lathe Machines, Milling Machines, Grinding Machines, Drilling Machines, Saw Machines, Others), By End-User (Automotive, Manufacturing, Construction, Marine, Others). Over 70 tables and charts showcase findings from our latest survey report on Metalworking Equipment Markets.

Metalworking Equipment Market Insights, 2025: Metalworking Equipment – Key Drivers and Opportunities

The metalworking equipment market is witnessing strong growth due to the increasing demand for precision manufacturing, automation, and advanced technologies across various industries, including automotive, aerospace, and construction. Metalworking equipment includes machinery used for cutting, shaping, forming, and joining metal parts, and its demand is driven by the rise of Industry 4.0, the growing need for high-quality manufacturing, and the shift towards automation in production processes. One of the key drivers in this market is the increasing demand for customized and high-precision metal parts, which is particularly evident in industries like automotive and aerospace, where strict tolerances and performance standards are critical. Additionally, advancements in automation and the integration of robotics and AI in metalworking processes are driving the need for more sophisticated and high-performance metalworking equipment. Leading companies such as DMG Mori, Haas Automation, and Trumpf are at the forefront of innovation, developing state-of-the-art metalworking machines that offer improved precision, speed, and efficiency.

Opportunities in the metalworking equipment market are closely tied to the continued growth of industries that rely on precision manufacturing. The automotive sector's push toward electric vehicles, lightweighting, and improved safety features is driving the demand for advanced metalworking equipment capable of producing complex metal parts. Additionally, the rising adoption of 3D printing and additive manufacturing technologies in metalworking is opening up new opportunities for manufacturers of metalworking equipment to offer innovative solutions that cater to these evolving needs. Further, as companies focus on reducing costs and improving efficiency, the demand for automated and intelligent metalworking equipment that can streamline production processes and reduce human intervention is expected to grow. As global manufacturing continues to evolve, there will be considerable opportunities for metalworking equipment manufacturers to capitalize on the expanding demand for high-precision, high-performance machinery.

Five Trends that will define global Metalworking Equipment Market in 2025 and Beyond

A closer look at the multi-million global market for Metalworking Equipment Market identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Metalworking Equipment Companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.

What are the biggest opportunities for growth in the Metalworking Equipment Industry?

The Metalworking Equipment Market sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

Metalworking Equipment Market Segment Insights

The Metalworking Equipment Industry presents strong offers across categories. The analytical report offers forecasts of Metalworking Equipment Industry performance across segments and countries. Key segments in the industry include- By Type (Lathe Machines, Milling Machines, Grinding Machines, Drilling Machines, Saw Machines, Others), By End-User (Automotive, Manufacturing, Construction, Marine, Others). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.

Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Metalworking Equipment Market size outlook is provided for 22 countries across these regions.

Metalworking Equipment Industry Value Chain

The chapter identifies potential companies and their operations across the global Metalworking Equipment Industry ecosystem. It assists decision-makers in evaluating global Metalworking Equipment Market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts

Strategic decision-making in the Metalworking Equipment Industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific Metalworking Equipment Market Analysis- A Promising Growth Arena for Business Expansion

As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe Metalworking Equipment Industry 2025- Focus on Accelerating Competitiveness

As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Metalworking Equipment Market with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Metalworking Equipment Market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US Metalworking Equipment Market Insights- Executives are most excited about opportunities for the US Metalworking Equipment Industry.

Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Metalworking Equipment Companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Metalworking Equipment Market.

Latin American Metalworking Equipment Market outlook rebounds in line with economic growth.

Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa Metalworking Equipment Markets- New Opportunities for Companies Harnessing Diversity

Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Metalworking Equipment Markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Metalworking Equipment Markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How Metalworking Equipment Companies outcompete in 2025 and Beyond?

The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include Deere & Company, Dover Corp, General Electric Company, Haas Automation Inc, Ingersoll-Rand Inc, Kawasaki Heavy Industries Ltd, Kennametal Inc, Komatsu Ltd, Parker-Hannifin Corp, Robert Bosch GmbH, Rockwell Automation Inc, Sandvik AB, The Black & Decker Corp, Yamazaki Mazak Corp.

Metalworking Equipment Market Scope and Segmentation

By Type

Lathe Machines

Milling Machines

Grinding Machines

Drilling Machines

Saw Machines

Others

By End-User

Automotive

Manufacturing

Construction

Marine

Others

Countries Included-

North America- US, Canada, Mexico

Europe- Germany, France, UK, Spain, Italy, Benelux, Turkey, Russia, Rest of Europe

Asia Pacific- China, India, Japan, South Korea, South East Asia, Australia, Rest of APAC

South and Central America- Brazil, Argentina, Chile, Rest of SCA

Middle East and Africa- Saudi Arabia, the UAE, Israel, South Africa, Algeria, Nigeria, Rest of Middle East, Rest of Africa

Companies Included in the Metalworking Equipment Market Research-

Deere & Company

Dover Corp

General Electric Company

Haas Automation Inc

Ingersoll-Rand Inc

Kawasaki Heavy Industries Ltd

Kennametal Inc

Komatsu Ltd

Parker-Hannifin Corp

Robert Bosch GmbH

Rockwell Automation Inc

Sandvik AB

The Black & Decker Corp

Yamazaki Mazak Corp

Reasons to Buy the report

• Make informed decisions through long and short-term forecasts across 22 countries and segments.
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• Get an integrated understanding of the entire market ecosystem and companies.
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