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?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Five forces analysis
PART 06: Market segmentation by product
Market overview
Horizontal milling machines
Vertical milling machines
PART 07: Geographical segmentation
Market overview
APAC
EMEA
Americas
PART 08: Market drivers
Demand for superior-quality products and CNC machines
Growth of fabricated metal products
Technology redefining CNC machine operations
PART 09: Impact of drivers
PART 10: Market challenges
Lack of skilled labor in the manufacturing sector
Hike in variable costs
Setbacks in European machine tools manufacturing
PART 11: Impact of drivers and challenges
PART 12: Market trends
6-axis CNC machine to transform machining operation
Advances in new milling tools
Rise in use of automation
PART 13: Vendor landscape
Competitive scenario
Other prominent vendors
PART 14: Key vendor analysis
Dalian Machine Tool Group (DMTG)
DMG MORI
GF machining solutions
Shenyang Machine Tools Co., Ltd. (SMTCL)
Yamazaki Mazak
PART 15: Appendix
List of abbreviations
PART 16: Explore Technavio
List of Exhibits
Exhibit 01: Current market scenario and future market prospects of different types of machine in the global milling machines market 2016-2021 ($ billions)
Exhibit 02: Current market scenario and future market prospects of key geographies in the global milling machines market 2016-2021 ($ billions)
Exhibit 03: Market segmentation
Exhibit 04: Global milling machines market 2016-2021 ($ billions)
Exhibit 05: Macroeconomic, financial, and policy indicators of some developed and developing economies 2014-2015
Exhibit 06: Five forces analysis
Exhibit 07: Global milling machines market by type 2016 and 2021
Exhibit 08: Global horizontal milling machines market 2016-2021 ($ billions)
Exhibit 09: Global vertical milling machines market 2016-2021 ($ billions)
Exhibit 10: Global milling machines market by geography 2016 and 2021
Exhibit 11: Milling machines market in APAC 2016-2021 ($ billions)
Exhibit 12: Total car sales in India August 2014 to August 2015 (units)
Exhibit 13: Milling machines market in EMEA 2016-2021 ($ billions)
Exhibit 14: Growth rate of the construction sector in the EU 2014-2017 (%)
Exhibit 15: Milling machines market in the Americas 2016-2021 ($ billions)
Exhibit 16: Impact of drivers
Exhibit 17: Hourly compensation costs in the manufacturing industry 2008-2012 ($)
Exhibit 18: Cost of copper 2016 ($/MT)
Exhibit 19: Cost of iron ore August 2014-August 2015 ($/MT)
Exhibit 20: Cost of stainless steel June 2014 to May 2015 ($/ton)
Exhibit 21: Impact of drivers and challenges
Exhibit 22: Other prominent vendors
Exhibit 23: GF machining solutions product portfolio
Exhibit 24: Yamazaki Mazak: Product segmentation