Global Milling Machines Strategic Industry Report 2023-2030: Impact of Industry 4.0, Compact Milling Machines Gain Traction, Smart Machines Grow in Popularity


Dublin, Nov. 07, 2023 (GLOBE NEWSWIRE) -- The "Milling Machines - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Milling Machines Market to Reach $10.6 Billion by 2030

The global market for Milling Machines estimated at US$6.8 Billion in the year 2022, is projected to reach a revised size of US$10.6 Billion by 2030, growing at a CAGR of 5.6% over the analysis period 2022-2030.

Horizontal Milling Machines, one of the segments analyzed in the report, is projected to record 6.1% CAGR and reach US$7.6 Billion by the end of the analysis period. Growth in the Vertical Milling Machines segment is estimated at 4.5% CAGR for the next 8-year period.



The U.S. Market is Estimated at $261.3 Million, While China is Forecast to Grow at 6.4% CAGR

The Milling Machines market in the U.S. is estimated at US$261.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.8 Billion by the year 2030 trailing a CAGR of 6.4% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 4.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via Interviews, podcasts, press statements and event keynotes

Key Attributes:

Report AttributeDetails
No. of Pages441
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$6.8 Billion
Forecasted Market Value (USD) by 2030$10.6 Billion
Compound Annual Growth Rate5.7%
Regions CoveredGlobal

MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Global Milling Machines Market in US$ billion: 2017-2021P
  • COVID-19 Crisis Weakens Global Economic Environment, Triggering Negative Tide in GDP & Industrial Output Forecasts
  • World Economic Growth Projections (Real GDP, annual % Change) for 2019, 2020 & 2021
  • Global PMI Index Points for the Years 2018, 2019 & 2020
  • COVID-19 Mandates Broad-based Amendments to Plant Floor & Factory Operations
  • Milling Machines - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Milling Machines: An Indispensable Tool for Metal Cutting Applications
  • Types of Milling Machines
  • Outlook:Despite Discouraging Short-Term Outlook, Long-Term Growth Prospects Remain Optimistic
  • Horizontal Milling Machines Command Major Share
  • Market by Region
  • Recent Market Activity
  • World Brands
  • Competitive Scenario

MARKET TRENDS & DRIVERS

  • Industry 4.0 and its Impact on Milling Machines
  • Global Investments on Industry 4.0 Technologies (in US$ Billion) for the Years 2017, 2020, & 2023
  • Technological Advances in CNC Milling to Radically Transform Manufacturing Arena
  • Compact Milling Machines Gain Traction
  • Automation Leads to Enhanced Precision and Capabilities
  • Multi-Axis CNC Milling Machines Gain Traction
  • Smart Machines Grow in Popularity
  • Adoption of Predictive Analytics Drives Market Growth
  • Sustained Growth of Green Energy Industry Bodes Well for CNC Machining
  • Global Primary Energy Consumption by energy Source: 2018 and 2050
  • Global Wind Power Installed Capacity (In Gigawatts (GW)) for the Years 2014, 2015, 2017, 2018 and 2019
  • Global Solar Photovoltaic Annual Installed Capacity (In GW) by Leading Countries (2019)
  • Reshoring Drives Growth Prospects in Developed Markets
  • Proliferation of Job Shops in Developing Countries Poised to Benefit Machine Tools
  • Automotive Production in Developing Countries to Drive Growth
  • World Automobile Production in Million Units: 2008-2022
  • Slowdown in the Aerospace Sector amidst Covid-19 Affects Near-Term Milling Machine Demand
  • Global Airlines Performance by Region: 2020 Vs 2019
  • Global Fleet of Commercial Aircraft (2017 & 2036) by Region (in Units)
  • Steady Growth Anticipated for Multitasking Machine Tools

FOCUS ON SELECT PLAYERS(Total 113 Featured)

  • Anderson International Corp
  • Amada Co., Ltd.
  • Batliboi Ltd.
  • Ajax Machine Tools International Limited
  • Archimedes Sp. z o.o.
  • Alesa AG
  • Baruffaldi SpA
  • Dalian Machine Tool Group Corporation
  • Breton S.P.A.
  • Ace Micromatic Group
  • Amera-Seiki
  • Aardwolf Australia Pty Limited
  • Azumi Machinery (Beijing) Company Limited
  • China National Machinery Imp. & Exp.Corp.
  • Cromwell Group (Holdings) Limited

For more information about this report visit https://www.researchandmarkets.com/r/qn0er1

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

 
Milling Machines Market

Coordonnées