New ARC Advisory Group research on the machine tools market reveals that the market will take years to recover to previous levels after taking multiple, severe hits. This includes the structural automotive crisis as well as high exposure during the coronavirus crisis to automotive as well as aerospace and defense. However, selected markets will continue to have good growth opportunities for both machine builders and automation suppliers.
“Never before have machine tool builders experienced such a big change in their industry because of the opportunities new technologies and digitalization are offering. Existing business models are no longer taken for granted. New sensors and new ways of communication, controlling, and monitoring enable new opportunities for smart services and new business models,” according to Johannes Anzeneder and Stefan Miksch, Analyst and Senior Analyst at ARC Advisory Group and authors of ARC’s Machine Tools Global Market Research report.
Leading Suppliers to the Machine Tools Market Identified
In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading machine builders to this market and provides and summarizes their relevant offering. In alphabetical order, these include Amada, Dalian, DMG, JTEKT Toyoda, Komatsu, and Makino.
About the Machine Tools Research
This ARC research explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the machine tool market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis plus five-year market forecasts by region, revenue category, industry, machinery segment, and machinery value.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) - personalized spreadsheet includes five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.