Global Milling Machines Market Trajectory & Analytics to 2027: Steady Growth Anticipated for Multitasking Machine Tools - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Milling Machines - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Milling Machines estimated at US$6.4 Billion in the year 2020, is projected to reach a revised size of US$9 Billion by 2027, growing at a CAGR of 4.9% over the period 2020-2027.

Horizontal Milling Machines, one of the segments analyzed in the report, is projected to record 5.3% CAGR and reach US$6.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Vertical Milling Machines segment is readjusted to a revised 3.9% CAGR for the next 7-year period.

The Milling Machines market in the U.S. is estimated at US$250 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$4 Billion by the year 2027 trailing a CAGR of 5.5% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.

Select Competitors (Total 113 Featured) -

• Amera-Seiki
• ANDERSON EUROPE GMBH
• Baileigh Industrial Holdings LLC
• Benign Enterprise co.
• CHIRON Werke GmbH & Co. KG
• DATRON Dynamics, Inc
• DMG Mori Seiki Co., Ltd
• Doosan Machine Tools
• EMCO Group
• FANUC CORPORATION
• Haas Automation, Inc.
• Hurco Companies, Inc
• JET TOOLS
• KNUTH Werkzeugmaschinen GmbH
• Makino Inc
• Maschinen Wagner Werkzeugmaschinen GmbH
• Okuma Corporation
• Shandong Schuler CNC Machinery Co., Ltd.
• TOP-ONE Machinery Co., Ltd.
• TRIMILL
• Wells-Index Milling Machines

Key Topics Covered:

1. MARKET OVERVIEW

• 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
• 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

2. FOCUS ON SELECT PLAYERS

3. 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

4. GLOBAL MARKET PERSPECTIVE

For more information about this report visit https://www.researchandmarkets.com/r/u2q61u

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