My Account Login

Machine Tools Market is Expected to Grow to US$ 189.65 Billion Driven by an 6.9% CAGR From 2025 to 2034

Machine Tools Market

Speedy industrialization globally is driving the market demand.

These tools are important in industries such as automotive, aerospace, construction, and electronics.
— Polaris Market Research
NEW YORK CITY, NY, UNITED STATES, February 14, 2025 /EINPresswire.com/ -- ๐˜–๐˜ถ๐˜ณ ๐˜ฎ๐˜ข๐˜ค๐˜ฉ๐˜ช๐˜ฏ๐˜ฆ ๐˜ต๐˜ฐ๐˜ฐ๐˜ญ๐˜ด ๐˜ฎ๐˜ข๐˜ณ๐˜ฌ๐˜ฆ๐˜ต ๐˜ณ๐˜ฆ๐˜ฑ๐˜ฐ๐˜ณ๐˜ต ๐˜ฉ๐˜ข๐˜ด ๐˜ฃ๐˜ฆ๐˜ฆ๐˜ฏ ๐˜ฑ๐˜ณ๐˜ฆ๐˜ฑ๐˜ข๐˜ณ๐˜ฆ๐˜ฅ ๐˜ถ๐˜ด๐˜ช๐˜ฏ๐˜จ ๐˜ข๐˜ฅ๐˜ท๐˜ข๐˜ฏ๐˜ค๐˜ฆ๐˜ฅ ๐˜ฎ๐˜ฆ๐˜ต๐˜ฉ๐˜ฐ๐˜ฅ๐˜ฐ๐˜ญ๐˜ฐ๐˜จ๐˜ช๐˜ฆ๐˜ด ๐˜ข๐˜ฏ๐˜ฅ ๐˜ณ๐˜ฆ๐˜ด๐˜ฆ๐˜ข๐˜ณ๐˜ค๐˜ฉ ๐˜ต๐˜ฆ๐˜ค๐˜ฉ๐˜ฏ๐˜ช๐˜ฒ๐˜ถ๐˜ฆ๐˜ด ๐˜ต๐˜ฐ ๐˜ฉ๐˜ฆ๐˜ญ๐˜ฑ ๐˜ฃ๐˜ถ๐˜ด๐˜ช๐˜ฏ๐˜ฆ๐˜ด๐˜ด๐˜ฆ๐˜ด ๐˜ฎ๐˜ข๐˜ฌ๐˜ฆ ๐˜ด๐˜ต๐˜ณ๐˜ข๐˜ต๐˜ฆ๐˜จ๐˜ช๐˜ค ๐˜ฃ๐˜ถ๐˜ด๐˜ช๐˜ฏ๐˜ฆ๐˜ด๐˜ด ๐˜ฅ๐˜ฆ๐˜ค๐˜ช๐˜ด๐˜ช๐˜ฐ๐˜ฏ๐˜ด.
๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก'๐ฌ ๐ฅ๐š๐ญ๐ž๐ฌ๐ญ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ญ๐ข๐ญ๐ฅ๐ž๐ "๐Œ๐š๐œ๐ก๐ข๐ง๐ž ๐“๐จ๐จ๐ฅ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ,โ€ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ’. ๐“๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐œ๐จ๐ฏ๐ž๐ซ๐ฌ ๐ค๐ž๐ฒ ๐ฌ๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ ๐Ÿ๐š๐œ๐ญ๐จ๐ซ๐ฌ, ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฉ๐ž๐ซ๐Ÿ๐จ๐ซ๐ฆ๐š๐ง๐œ๐ž, ๐ซ๐ข๐ฌ๐ค ๐Ÿ๐š๐œ๐ญ๐จ๐ซ๐ฌ, ๐ฉ๐ซ๐จ๐ฃ๐ž๐œ๐ญ ๐œ๐จ๐ฌ๐ญ๐ฌ ๐š๐ง๐ ๐ž๐œ๐จ๐ง๐จ๐ฆ๐ข๐œ๐ฌ, ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐‘๐Ž๐ˆ, ๐š๐ง๐ ๐ฉ๐ซ๐จ๐Ÿ๐ข๐ญ ๐ฆ๐š๐ซ๐ ๐ข๐ง๐ฌ. ๐“๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ ๐”๐’๐ƒ ๐Ÿ—๐Ÿ•.๐Ÿ”๐Ÿ– ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’ ๐š๐ง๐ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐ญ๐จ ๐”๐’๐ƒ ๐Ÿ๐Ÿ–๐Ÿ—.๐Ÿ”๐Ÿ“ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ’ ๐š๐ญ ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ”.๐Ÿ—% ๐๐ฎ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐Ÿ๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ฉ๐ž๐ซ๐ข๐จ๐.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ญ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ข๐จ๐ง:
Machine tools are detailed gadgets or instruments outlined to carry out particular machining functions to configure, cut, or finish materials, especially metals. These functions depend heavily on accurate movements and actions. Their importance lies in their capacity to generate even and uniform constituents essential for extensive manufacturing.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/machine-tools-market/request-for-sample?utm_source=EIN&utm_medium=EIN&utm_campaign=EIN&utm_id=01

The pinnacle of machine tool development is distinguished by awesome technological progressions. Todayโ€™s industries profit from a suite of modern tools that have reconfigured the manufacturing topography. With progression in automation and smart technologies, machine tools have developed to combine AI, IoT, and robotics, improving creativity and functional preciseness and pushing machine tools market demand.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:
๐’๐ฎ๐ซ๐ ๐ž ๐ข๐ง ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง: The speedy industrialization globally, which pushes manufacturing ventures and propels the demand for progressive machine tools to generate exceptional constituents, is boosting the demand for machine tools market growth.

๐†๐ซ๐จ๐ฐ๐ข๐ง๐  ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐Ÿ๐จ๐ซ ๐€๐ฎ๐ญ๐จ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐ž๐ฌ: The growing demand for automation in industries, especially manufacturing, is driving market advancement. Automated systems need excessively precise constituents and ongoing production, which machine tools sanction through progressive cutting, shaping, and configuring potential.

๐„๐ฌ๐œ๐š๐ฅ๐š๐ญ๐ข๐ง๐  ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐›๐ข๐ฅ๐ž๐ฌ: The growing production of automobiles globally is boosting the market revenue. As per the European Automobile Manufacturers' Association, 85.4 million motor vehicles were made globally in 2022. Automotive makers need a broad gamut of machine instruments to shape, cut, and configure metal parts for vehicles.

๐“๐จ๐ฉ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ:
Understanding key players and their initiatives provides valuable insights into the competitive landscape and emerging opportunities in the market. Here are the top companies in the market:
โ€ข Komatsu Ltd
โ€ข Makino Inc.
โ€ข Okuma Corporation
โ€ข Hurco Companies, Inc.
โ€ข Dalian Machine Tool Group
โ€ข Amera Seiki
โ€ข Haas Automation, Inc.
โ€ข Datron AG
โ€ข Amada Machine Tools Co., Ltd.
โ€ข CHIRON GROUP SE
โ€ข DMG MORI. CO., LTD.
โ€ข DN Solutions
โ€ข Georg Fischer Ltd.
โ€ข Mazak Corporation
โ€ข HYUNDAI WIA CORP
โ€ข JTEKT Corporation

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐ƒ๐ข๐ฌ๐œ๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž:
https://www.polarismarketresearch.com/industry-analysis/machine-tools-market/request-for-discount-pricing?utm_source=EIN&utm_medium=EIN&utm_campaign=EIN&utm_id=01

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
โ€ข The machine tools market segmentation is based on product, technology, industry vertical, and region.

โ€ข Based on product analysis, the milling machines segment held the largest market share. This is due to the growing requirement for multi-operational equipment competent to carry out intricate machining chores.

โ€ข Based on industry vertical analysis, the automotive segment is poised to register a significant CAGR. This is due to its dependence on making high-accuracy constituents such as engine parts and transmission systems.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:
The research report covers all the major regions and sub-regions of the machine tools market. The study provides market insights into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

๐€๐ฌ๐ข๐š ๐๐š๐œ๐ข๐Ÿ๐ข๐œ: Asia Pacific accounted for the largest market share. This is primarily because of speedy industrialization, government funding, and the existence of manufacturing fulcrum in surfacing nations such as China, Japan, and South Korea.

๐Œ๐ข๐๐๐ฅ๐ž ๐„๐š๐ฌ๐ญ & ๐€๐Ÿ๐ซ๐ข๐œ๐š: The Middle East & Africa is anticipated to witness the fastest CAGR from 2025 to 2034. The regionโ€™s growing funding in industrial assortment and manufacturing especially in nations such as UAE and Saudi Arabia.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž:
https://www.polarismarketresearch.com/industry-analysis/machine-tools-market/inquire-before-buying?utm_source=EIN&utm_medium=EIN&utm_campaign=EIN&utm_id=01

๐…๐€๐๐ฌ:
What is the growth rate of the machine tools market?
The global market is projected to register a CAGR of 6.9% from 2025 to 2034.

Which product segment accounted for a larger machine tools market share in 2024?
The milling machines segment held a larger market share in 2024.

What does the market report cover?
The market report covers revenue forecast, market competitive landscape, growth factors, and trends.

What are the quantitative units covered in the market report?
The quantitative units covered in the market report are revenue in USD billion and CAGR from 2025-2034.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐๐Œ๐‘'๐ฌ ๐Œ๐š๐œ๐ก๐ข๐ง๐ž ๐“๐จ๐จ๐ฅ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‚๐จ๐ฏ๐ž๐ซ๐š๐ ๐ž ๐Ÿ๐ซ๐จ๐ฆ ๐ƒ๐ข๐Ÿ๐Ÿ๐ž๐ซ๐ž๐ง๐ญ ๐๐ฎ๐›๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง๐ฌ:
๐†๐ฅ๐จ๐›๐š๐ฅ ๐Œ๐š๐œ๐ก๐ข๐ง๐ž ๐“๐จ๐จ๐ฅ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ข๐ณ๐ž ๐๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐‘๐ž๐š๐œ๐ก ๐”๐’๐ƒ ๐Ÿ๐Ÿ–๐Ÿ—.๐Ÿ”๐Ÿ“ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ’, ๐†๐ซ๐จ๐ฐ๐ข๐ง๐  ๐š๐ญ ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ”.๐Ÿ—%

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Œ๐จ๐ซ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:
Virtual Client Computing Software Market:
https://www.polarismarketresearch.com/industry-analysis/virtual-client-computing-software-market

Engineering Services Market:
https://www.polarismarketresearch.com/industry-analysis/engineering-services-market

Deepfake AI Market:
https://www.polarismarketresearch.com/industry-analysis/deepfake-ai-market

5G Smart Farming Market:
https://www.polarismarketresearch.com/industry-analysis/5g-smart-farming-market

Solid State Transformers Market:
https://www.polarismarketresearch.com/industry-analysis/solid-state-transformers-market

๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐ˆ๐ง๐œ:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMRโ€™s clientele spread across different enterprises. We at Polaris are obliged to serve PMRโ€™s diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMRโ€™s customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMRโ€™s customers.

Likhil G
Polaris Market Research and Consulting
+1 929-297-9727
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn

View full experience

Distribution channels: Technology