Metal Forming Machine Tool Market Expected To Grow By USD 7.76 Billion
NEW YORK, November 5, 2021 / PRNewswire / – The Metal Forming Machine Tool Market Expected to Grow $ 7.76 billion from 2020 to 2025. However, the growth momentum is expected to slow to a CAGR of 10.41% according to Technavio’s latest research report.
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The metal forming machine tools market covers the following areas:
The Metal Forming Machine Tools Market report offers a comprehensive analysis of the strategies adopted by vendors and trends, drivers and challenges affecting the market size. Factors such as large-scale industrial automation around the world are expected to significantly support the market growth. However, fluctuating commodity prices can hamper the growth of the market.
The Metal Forming Machine Tools Market is segmented by end user (automotive, industrial machinery, transportation, precision engineering and others) and by geography (APAC, Europe, North America, South America, and MEA). This report presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources through analysis of key parameters.
Some companies mentioned
Key regions
56% of the growth of the metal forming machine tools market will come from APAC during the forecast period. China, Japan, and India are the key markets for the APAC metal forming machine tool market. Factors such as the growing adoption of machine tools in countries such as China, Japan, India, Taiwan, and South Korea allowed APAC to dominate the machine tool market, as these countries have large manufacturing industries.
Associated reports:
Machine tools market in France –The size of the machine tools market in France has the potential to grow by $ 185.13 million during the period 2020-2024, and the growth dynamics of the market will accelerate during the forecast period. Download a free sample now!
India Machine Tools Market – The machine tool market in India has the potential to grow by USD 1.9 billion during the period 2020-2024, and the market growth momentum will accelerate at a CAGR of 12.78%. Download a free sample now!
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Scope of Metal Forming Machine Tools Market |
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Cover of the report |
Details |
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Page number |
120 |
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Year of reference |
2020 |
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Forecast period |
2021-2025 |
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Growth dynamics and CAGR |
Decelerate to a CAGR of 10.41% |
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Market growth 2021-2025 |
$ 7.76 billion |
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Market structure |
Fragmented |
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Annual growth (%) |
29.98 |
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Regional analysis |
APAC, Europe, North America, South America and MEA |
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Efficient contribution to the market |
APAC at 56% |
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Main consumer countries |
China, United States, Germany, Japan and India |
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Competitive landscape |
Leading companies, competitive strategies, reach of consumer engagement |
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Profiled companies |
ACCURL, AMADA Co. Ltd., DANOBAT GROUP S. Coop., DMG MORI Co. Ltd., Komatsu Ltd., MC Machinery Systems Inc., Santec Exim Pvt. Ltd., Schuler AG, Sumitomo Heavy Industries Ltd. and TRUMPF GmbH + Co. KG |
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Market dynamics |
Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period |
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Customization |
If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments. |
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SOURCE Technavio
