Machines

Machine Tools Market in US 2015-2019

  • TEC330749
  • 53 Pages
  • September 2015
  • Machines
About machine tools
Machine tools are used to cut and shape metals and nonmetallic materials based on the specifications of a product. They enable manufacturing of critical components with utmost ease and accuracy. These tools include metal cutting machine tools, metal forming machine tools, and machine tools accessories. Companies extensively use them across sectors such as automotive, general machinery, precision engineering, transport, aerospace, and dies and molds.

Technavio's analysts forecast the machine tools market in the US to grow at a CAGR of 3.44% during 2014-2019.

Covered in this report
The machine tools market in the US can be segmented into five end-user segments: automotive sector, general machinery sector, transport machinery sector, electronics sector, and others.

Technavio's report, Machine Tools Market in the US 2015-2019, 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 in 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 Seiki
Haas Automation
JTEKT
Komatsu

Other prominent vendors
Amada Company
Fives Group
Flow International
Gleason
Hardinge
Kennametal
Makino Milling Machine
Mitsubishi Heavy Industries
Okuma
Shenyang Machine Tool
Tongtai Machine & Tool
TRUMPF Group
Yamazaki Mazak

Market driver
Resurgence of automotive industry in the US
For a full, detailed list, view our report

Market challenge
Capital-intensive market
For a full, detailed list, view our report

Market trend
Recovery of US economy
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2019 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
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