Metalworking Machinery Manufacturing in the US - Industry Market Research Report

IBISWorld
January 29, 2014
33 Pages - SKU: IBSS5203975
Countries covered: United States

Metalworking Machinery Manufacturing in the US

The industry's performance weakened during the recession, as demand from key foreign and domestic downstream markets dropped. Over the next five years, demand will begin to pick up as rising energy prices drive renewed investment across the mining and energy sectors, supporting industry growth. Operators will also experience growing demand from Asian markets, while an uptick in domestic car production will bolster revenue. However, competition from cheap imports is increasing.

Companies in this industry primarily manufacture power-operated tools that are used for finishing or shaping metal parts, which are then used to manufacture other machines. Industry products include: metal cutting tools, special dies, coil handling equipment, and wire drawing and fabricating machines. This industry excludes companies that primarily manufacture power tools and other general-purpose machinery accessories (IBISWorld report 33399).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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