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Global Machining Centres Market Size, Share, Research; By Type: Horizontal Machining Center, Vertical Machining Center, Others; By Application: Automotive, Aerospace, Construction and Agriculture, General Engineering (Fluid Power), Oil and Energy, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

Leading Companies in the Machining Centres Market

Market players are are investing in multi-faceted tools and high-precision machinery to cater to the growing demand from industries such as aerospace, medical, and automotive

 

Yamazaki Mazak Corporation, established in 1919, has been a key contributor to the development of the machine tool industry. Headquartered in Aichi Prefecture, Japan, it manufactures sophisticated machine tools, such as machining centres, CNC turning centres, multi-tasking centres, laser processing machines, and automation systems with a ‘DONE IN ONE’ concept.

 

FFG European and American Holdings GmbH is the manufacturer of machine tools and systems. The company is headquartered in Germany, Europe and produces machining centres, turning centres, milling machines, grinding machines, rotary transfer machines, and gear cutting machines for mechanical production and automation.

 

JTEKT Corporation has been in operation since 1910 and is headquartered in Kyoto, Japan. JTEKT is known for its diverse product portfolio, which includes automotive and industrial components such as power steering systems, gearboxes, and machine tools.

 

Okuma Corporation was founded in 1898 and is a comprehensive manufacturer of CNG machine tools. Based in Oguchi, Japan, it produces tools ranging from wheel machines and lathes to grinders, machining centres, double columns, and super multitasking machines.

 

Other key players in the global machining centres market include FANUC Corporation and Makino Milling Machine Co., Ltd., among others.

 

Machining Centres Market Report Snapshots

Machining Centres Market Size

Machining Centres Market Growth

Machining Centres Market Trends

Machining Centres Market Share

Machining Centres Companies

Machining Centres Market Regional Analysis

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Machining Centres Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Machining Centres Historical Market (2018-2023) 
    8.3    Global Machining Centres Market Forecast (2024-2032)
    8.4    Global Machining Centres Market by Type
        8.4.1    Horizontal Machining Center
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Vertical Machining Center
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Others
    8.5    Global Machining Centres Market by Application
        8.5.1    Automotive
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Aerospace
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Construction and Agriculture
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    General Engineering (Fluid Power)
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Oil and Energy
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Others
    8.6    Global Machining Centres Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Machining Centres Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Machining Centres Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Machining Centres Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Machining Centres Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Machining Centres Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Egypt
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Trade Data Analysis (HS Code - 8457)
    15.1    Major Importing Countries
        15.1.1    By Volume
        15.1.2    By Value
    15.2    Major Exporting Countries
        15.2.1    By Volume
        15.2.2      By Value
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    JTEKT Corporation
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    FANUC Corporation
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Yamazaki Mazak Corporation
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    FFG European and American Holdings GmbH
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Makino Milling Machine Co., Ltd.
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Okuma Corporation
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Others
17    Key Trends and Developments in the Market

 

List of Figures and Tables

1.    Global Machining Centres Market: Key Industry Highlights, 2018 and 2032
2.    Global Machining Centres Historical Market: Breakup by Type (USD Million), 2018-2023
3.    Global Machining Centres Market Forecast: Breakup by Type (USD Million), 2024-2032
4.    Global Machining Centres Historical Market: Breakup by Application (USD Million), 2018-2023
5.    Global Machining Centres Market Forecast: Breakup by Application (USD Million), 2024-2032
6.    Global Machining Centres Historical Market: Breakup by Region (USD Million), 2018-2023
7.    Global Machining Centres Market Forecast: Breakup by Region (USD Million), 2024-2032
8.    North America Machining Centres Historical Market: Breakup by Country (USD Million), 2018-2023
9.    North America Machining Centres Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Europe Machining Centres Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Europe Machining Centres Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Asia Pacific Machining Centres Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Asia Pacific Machining Centres Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Latin America Machining Centres Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Latin America Machining Centres Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Middle East and Africa Machining Centres Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Middle East and Africa Machining Centres Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Global Machining Centres Market Structure

Key Questions Answered in the Report

In 2023, the machining centres market reached an approximate value of USD 26.05 billion.

The market is expected to grow at a CAGR of 7.44% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 40.18 billion by 2032.

The major drivers of the market include the increasing deployment of machining centres in the oil and gas sector, rising application of the product across the construction industry, and growing expansion of the automotive industry.

Key trends aiding market expansion include the growing research and development activities in the aerospace and defence sector, increasing shift towards automation in various end-use industries, and heightened digitalisation in households.

Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Horizontal machining centre is expected to lead the market due to the increasing application of product in complex industrial tasks.

Automotive, aerospace, construction and agriculture, fluid power, and oil and energy, among others are the major applications of the product.

Machining centres are important in the automotive industry to manufacture critical car components. In this regard, the automotive industry, due to the rising sale of passenger and commercial vehicles, is a major industry in the market.

Key players in the market are JTEKT Corporation, FANUC Corporation, Yamazaki Mazak Corporation, FFG European and American Holdings GmbH, Makino Milling Machine Co., Ltd., and Okuma Corporation, among others.

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