Metalworking Machinery Manufacturing in the US - Industry Market Research Report

IBISWorld
September 18, 2014
32 Pages - SKU: IBSS5411078
Countries covered: United States

Metalworking Machinery Manufacturing in the US

In the five years to 2014, the Metalworking Machinery Manufacturing industry has rebounded from recessionary lows. Private investment in metalworking machinery has been improving and demand has been steady due to the widespread use of industry products. In the coming years, due to renewed demand from machine shops, an upturn in automobile sales and a relatively weak US dollar, industry revenue will experience moderate growth.

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: wire drawing and fabricating machines, metal cutting tools, special dies and coil handling equipment. 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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