Global Machine Tools Market 2016-2020 - Major Trend of Integration of 3D Printing Technology with Machine Tools

Date : 2016-03-04  | From :

The global machine tools market to grow at a CAGR of 6.55% during the period 2016-2020.

The report covers the present scenario and the growth prospects of the global machine tools market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of metal cutting machine tools, metal forming machine tools, and accessories. The report also includes a discussion of the key vendors operating in this market.
The dramatic changes that 3D printing technology has brought about will likely have an impact on machine tools and plastic injection molding. 3D printing technology reduces material usage by nearly 30%-70% as compared to traditional techniques. This results in faster speed to market for new products and a reduction in development costs. Many machine tool manufacturers are incorporating this technology into their machine tools.

According to the report, the growth in global fabricated metal products market positively impacts 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 slow growth of the real estate and manufacturing sectors in China will have an adverse effect on the global machine tools market.

Key vendors:

- Dalian Machine Tool Group (DMTG)
- DMG Mori
- Shenyang Machine Tool (SMTCL)
- Yamazaki Mazak

Other prominent vendors:

- Allied Machine & Engineering
- Amada
- Byjc-Okuma (Beijing) Machine Tools
- Doosan Infracore
- Fair Friend Group
- FANUC
- GF Machining Solutions
- Haas Automation
- Hardinge
- JTEKT
- Kennametal
- Komatsu
- Makino Milling Machine
- Sandvik
Key Topics Covered:

PART 01: Executive summary
- Highlights

PART 02: Scope of the report
- Market overview
- Top-vendor offerings

PART 03: Market research methodology
- Research methodology
- Economic indicators

PART 04: Introduction
- Key market highlights

PART 05: Market landscape
- Market size and forecast
- Five forces analysis

PART 06: Market segmentation by product
- Global machine tools market by product 2015-2020
- Global metal cutting machine tools market
- Global machine tool accessories market
- Global metal forming machine tools market

PART 07: Market segmentation by end user
- Global machine tools market 2015-2020
- Global machine tools market by automotive industry
- Global machine tools market by general machinery
- Global machine tools market by precision engineering
- Global machine tools market by transportation industry

PART 08: Geographical segmentation
- Global machine tools market by geographic segmentation 2015-2020
- Machine tools market in APAC
- Machine tools market in EMEA
- Machine tools market in Americas

PART 09: Market drivers
- Increased growth of fabricated metal products
- Demand for superior-quality products and CNC machines
- Growth in automotive industry
- Rising demand for machine tools in the US

PART 10: Impact of drivers

PART 11: Market challenges
- Slowdown in Chinese economy
- Setbacks in European machine tools manufacturing
- Capital-intensive market

PART 12: Impact of drivers and challenges

PART 13: Market trends
- Integration of 3D printing technology with machine tools
- Technological advances
- Surge in automation

PART 14: Vendor landscape
- Other prominent vendors

PART 15: Key vendor analysis
- DMTG
- DMG Mori
- SMTCL
- Yamazaki Mazak