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Global Milling Machines Market 2017-2021

Global Milling Machines Market 2017-2021

About Milling Machines

Machine tools play a dominant role in the manufacturing industry and are part of almost every metal processing application. They are used for cutting and shaping metals and other materials to the specification provided by the product manufacturers. The machine tools help to process and manufacture critical components with utmost accuracy and ease. Based on the criticality of the operation, conventional or computer numerical control (CNC) machine tools are used.

Technavio’s analysts forecast the global milling machines market to grow at a CAGR of 5.83% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global milling machines market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of milling machines.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Milling Machines Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Dalian Machine Tool Group
  • DMG MORI
  • GF machining solutions
  • Shenyang Machine Tools Co., Ltd.
  • Yamazaki Mazak
Other prominent vendors
  • Breton
  • Bridgeport
  • Brother Industries
  • CHIRON Werke
  • Correanayak
  • DANOBATGROUP
  • Datron
  • Doosan Machine Tools
  • EMCO
  • Eumach
  • FERMAT
  • Fidia
  • Fryer Machine Systems
  • Fuji Machines
  • F.Zimmermann
  • GILDEMEISTER
  • Gleason
  • GROB GROUP
  • Haas Automation
  • Hangzhou Datian CNC Machine Tool
  • HELLER
  • Hurco
  • HURON GRAFFENSTADEN
  • JIUH-YEH PRECISION MACHINERY
  • JMT
  • KERN Microtechnik
  • Kitamura Machinery
  • Komatsu
  • Long Chang Machinery
  • MAG
  • Makino Milling Machine
  • Matsuura Machinery
  • Okuma
  • PAMA
  • Schuler
  • Strojimport
  • Top-One Machinery
  • Toyoda
  • TRUPRO-TEC Industrial
  • Yeou Eri Shuen Machinery
  • ZAYER
Market driver
  • Demand for superior-quality products and CNC machines
  • For a full, detailed list, view our report
Market challenge
  • Setbacks in European machine tools manufacturing
  • For a full, detailed list, view our report
Market trend
  • 6-axis CNC machine to transform machining operation
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Milling Machine Market 2017-2021

Technavio recognizes the following companies as the key players in the global milling machine market: Dalian Machine Tool Group, DMG MORI, GF Machining solutions, Shenyang Machine Tools, Yamazaki Mazak

Other Prominent Vendors in the market are: Breton, Bridgeport, Brother Industries, CHIRON Werke, Correanayak, DANOBATGROUP, Datron, Doosan Machine Tools, EMCO, Eumach, FERMAT, Fidia, Fryer Machine Systems, Fuji Machines, F.Zimmermann, GILDEMEISTER, Gleason, GROB GROUP, Haas Automation, Hangzhou Datian CNC Machine Tool, HELLER, Hurco, HURON GRAFFENSTADEN, JIUH-YEH PRECISION MACHINERY, JMT, KERN Microtechnik, Kitamura Machinery, Komatsu, Long Chang Machinery, MAG, Makino Milling Machine, Matsuura Machinery, Okuma, PAMA, Schuler, Strojimport, Top-One Machinery, Toyoda, TRUPRO-TEC Industrial, Yeou Eri Shuen Machinery, and ZAYER

Commenting on the report, an analyst from Technavio’s team said: “The 5-axis CNC machining had made a huge difference in the metal processing industry, by reducing the cycle time, increasing efficiency, and reducing the wastage of material. But the growing demand from major end-users like automotive, aerospace, and metal fabrication have prompted the manufacturers for new innovations and technological incorporation.”

According to the report, the growth in global fabricated metal products market will likely have a positively impact on the global machine tools market. Fabricated metals are used in ammunition, small arms, cutlery and utensils, stamped metal products, fasteners, springs, building products, tanks, cranes, and hardware. These metals are manufactured using machine tools. The rising global demand for fabricated metals from the construction and machinery industries is fueling the global fabricated metal products market, which in turn, drives the global machine tools market.

Further, the report states that the industrial sector is in the process of reviving its manufacturing units. Most factory floor machines are being revamped with advanced CNC machines to ensure higher efficiency, better quality machined products, and customer satisfaction within the stipulated time.

Companies Mentioned

Dalian Machine Tool Group, DMG MORI, GF Machining solutions, Shenyang Machine Tools, Yamazaki Mazak, Breton, Bridgeport, Brother Industries, CHIRON Werke, Correanayak, DANOBATGROUP, Datron, Doosan Machine Tools, EMCO, Eumach, FERMAT, Fidia, Fryer Machine Systems, Fuji Machines, F.Zimmermann, GILDEMEISTER, Gleason, GROB GROUP, Haas Automation, Hangzhou Datian CNC Machine Tool, HELLER, Hurco, HURON GRAFFENSTADEN, JIUH-YEH PRECISION MACHINERY, JMT, KERN Microtechnik, Kitamura Machinery, Komatsu, Long Chang Machinery, MAG, Makino Milling Machine, Matsuura Machinery, Okuma, PAMA, Schuler, Strojimport, Top-One Machinery, Toyoda, TRUPRO-TEC Industrial, Yeou Eri Shuen Machinery, ZAYER.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Current market scenario and future market prospects of different types of machine in the global milling machines market 2016-2021 ($ billions)
      • Table Current market scenario and future market prospects of key geographies in the global milling machines market 2016-2021 ($ billions)
  • Market landscape
    • Market overview
      • Table Market segmentation
      • Table Global milling machines market 2016-2021 ($ billions)
      • Table Macroeconomic, financial, and policy indicators of some developed and developing economies 2014-2015
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Global milling machines market by type 2016 and 2021
    • Horizontal milling machines
      • Table Global horizontal milling machines market 2016-2021 ($ billions)
    • Vertical milling machines
      • Table Global vertical milling machines market 2016-2021 ($ billions)
  • Geographical segmentation
    • Market overview
      • Table Global milling machines market by geography 2016 and 2021
    • APAC
      • Table Milling machines market in APAC 2016-2021 ($ billions)
      • Table Total car sales in India August 2014 to August 2015 (units)
    • EMEA
      • Table Milling machines market in EMEA 2016-2021 ($ billions)
      • Table Growth rate of the construction sector in the EU 2014-2017 (%)
    • Americas
      • Table Milling machines market in the Americas 2016-2021 ($ billions)
  • Market drivers
    • Demand for superior-quality products and CNC machines
    • Growth of fabricated metal products
    • Technology redefining CNC machine operations
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Lack of skilled labor in the manufacturing sector
    • Hike in variable costs
      • Table Hourly compensation costs in the manufacturing industry 2008-2012 ($)
      • Table Cost of copper 2016 ($/MT)
      • Table Cost of iron ore August 2014-August 2015 ($/MT)
      • Table Cost of stainless steel June 2014 to May 2015 ($/ton)
    • Setbacks in European machine tools manufacturing
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • 6-axis CNC machine to transform machining operation
    • Advances in new milling tools
    • Rise in use of automation
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Dalian Machine Tool Group (DMTG)
    • DMG MORI
    • GF machining solutions
      • Table GF machining solutions product portfolio
    • Shenyang Machine Tools Co., Ltd. (SMTCL)
    • Yamazaki Mazak
      • Table Yamazaki Mazak: Product segmentation
  • Appendix
    • List of abbreviations
  • Explore Technavio

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