Milling Machine Market Size to Worth Around USD 200,861.0 Bn by 2030

The global Milling Machine market size is expected to reach USD 200,861.0 billion by 2030 and is expected to expand at a CAGR of 8.0% from 2021 to 2030.

Download Exclusive Sample of Report@ https://www.visionresearchreports.com/report/sample/38725

Growth Factors

 The growing popularity of multi-axis milling machines, which can potentially transform the overall machining process by making it more accurate, reducing the amount of human intervention required, and improving the surface finish of the final product, is expected to contribute to the growth of the market.

The demand for fabricated metal products, particularly from the construction and machinery industries, is growing across the globe. Fabricated metal products are widely used in a variety of commercial as well as household use products such as ammunition, cutlery and utensils, and building items. The growing demand for such and other fabricated metal products is driving the demand for milling machines globally.

Report Coverage

Report Scope Details
Market Size USD 200,861.0 million by 2030
Growth Rate CAGR of 8.0% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Type, End-Use
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned AMADA CO., LTD.; Amera Seiki; DATRON Dynamics, Inc.; DMG MORI CO., LTD.; Haas Automation, Inc.; FANUC CORPORATION; Okuma Corporation; Shenyang Machine Tool Co., Ltd.; Hurco Companies, Inc.; Dalian Machine Tool Group Corporation (DMTG); and Yamazaki Mazak Corporation.

By Type Analysis

On the basis of type, the milling machine market has been segmented into horizontal milling machines and vertical milling machines. The horizontal milling machines segment dominated the market in 2020 owing to the growing popularity and users’ preference for horizontal milling machines.

the vertical milling machines segment accounted for a considerable share of the market in the said year, owing to features such as high visibility, affordable costs, ease of use, and high accuracy. These mills are mainly used for drilling and plunging cuts and are available in a wide range of specifications depending on different end uses.

By End-Use Analysis

On the basis of end-use, the market has been segmented into automotive, aerospace & defense, construction equipment, power & energy, industrial, and others. The industrial segment dominated the market in 2018 owing to the extensive use of horizontal milling machines for result-driven operations.

The automotive segment is expected to register the highest CAGR over the forecast period in line with the rising preference of OEMs to metal parts with precise cuts. The power & energy segment also accounted for a significant share in 2020.

By Regional Analysis

Asia Pacific dominated the market in 2020 owing to the rising adoption of metal cutting processes in the region. Given that Asia Pacific is home to some of the key market companies in the milling machine industry, it is anticipated to continue dominating the global market over the forecast period.

Europe accounted for a substantial share in 2020 owing to an aggressive adoption of milling machines by the automotive manufacturers in the region. 

Key Players

 AMADA CO., LTD.; Amera Seiki; DATRON Dynamics, Inc.; DMG MORI CO., LTD.; Haas Automation, Inc.; FANUC CORPORATION; Okuma Corporation; Shenyang Machine Tool Co., Ltd.; Hurco Companies, Inc.; Dalian Machine Tool Group Corporation (DMTG); and Yamazaki Mazak Corporation

Market Segmentation

  • Type
    • Horizontal Milling Machines
    • Vertical Milling Machines
  • End-Use
    • Automotive
    • Aerospace & Defense
    • Construction Equipment
    • Power & Energy
    • Industrial
    • Others
  • Region
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • Italy
      • France
    • Asia Pacific
      • China
      • India
      • Japan
    • Latin America
      • Mexico
    • MEA

Buy this Research Report study@ https://www.visionresearchreports.com/report/cart/38725

Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Milling Machine Market, By Type

7.1.  Milling Machine Market, by Type, 2021-2030

7.1.1.    Horizontal Milling Machines

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Vertical Milling Machines

7.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Milling Machine Market, By End-use

8.1.  Milling Machine Market, by End-use, 2021-2030

8.1.1.    Automotive

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Aerospace & Defense

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Construction Equipment

8.1.3.1.        Market Revenue and Forecast (2017-2030)

8.1.4.    Power & Energy

8.1.4.1.        Market Revenue and Forecast (2017-2030)

8.1.5.    Industrial

8.1.5.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Milling Machine Market, Regional Estimates and Trend Forecast

9.1.  North America

9.1.1.    Market Revenue and Forecast, by Type (2017-2030)

9.1.2.    Market Revenue and Forecast, by End-use (2017-2030)

9.1.3.    U.S.

9.1.3.1.        Market Revenue and Forecast, by Type (2017-2030)

9.1.3.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.1.4.    Rest of North America

9.1.4.1.        Market Revenue and Forecast, by Type (2017-2030)

9.1.4.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.2.  Europe

9.2.1.    Market Revenue and Forecast, by Type (2017-2030)

9.2.2.    Market Revenue and Forecast, by End-use (2017-2030)

9.2.3.    UK

9.2.3.1.        Market Revenue and Forecast, by Type (2017-2030)

9.2.3.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.2.4.    Germany

9.2.4.1.        Market Revenue and Forecast, by Type (2017-2030)

9.2.4.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.2.5.    France

9.2.5.1.        Market Revenue and Forecast, by Type (2017-2030)

9.2.5.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.2.6.    Rest of Europe

9.2.6.1.        Market Revenue and Forecast, by Type (2017-2030)

9.2.6.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.3.  APAC

9.3.1.    Market Revenue and Forecast, by Type (2017-2030)

9.3.2.    Market Revenue and Forecast, by End-use (2017-2030)

9.3.3.    India

9.3.3.1.        Market Revenue and Forecast, by Type (2017-2030)

9.3.3.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.3.4.    China

9.3.4.1.        Market Revenue and Forecast, by Type (2017-2030)

9.3.4.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.3.5.    Japan

9.3.5.1.        Market Revenue and Forecast, by Type (2017-2030)

9.3.5.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.3.6.    Rest of APAC

9.3.6.1.        Market Revenue and Forecast, by Type (2017-2030)

9.3.6.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.4.  MEA

9.4.1.    Market Revenue and Forecast, by Type (2017-2030)

9.4.2.    Market Revenue and Forecast, by End-use (2017-2030)

9.4.3.    GCC

9.4.3.1.        Market Revenue and Forecast, by Type (2017-2030)

9.4.3.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.4.4.    North Africa

9.4.4.1.        Market Revenue and Forecast, by Type (2017-2030)

9.4.4.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.4.5.    South Africa

9.4.5.1.        Market Revenue and Forecast, by Type (2017-2030)

9.4.5.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.4.6.    Rest of MEA

9.4.6.1.        Market Revenue and Forecast, by Type (2017-2030)

9.4.6.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.5.  Latin America

9.5.1.    Market Revenue and Forecast, by Type (2017-2030)

9.5.2.    Market Revenue and Forecast, by End-use (2017-2030)

9.5.3.    Brazil

9.5.3.1.        Market Revenue and Forecast, by Type (2017-2030)

9.5.3.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.5.4.    Rest of LATAM

9.5.4.1.        Market Revenue and Forecast, by Type (2017-2030)

9.5.4.2.        Market Revenue and Forecast, by End-use (2017-2030)

Chapter 10.  Company Profiles

10.1.              AMADA CO., LTD

10.1.1.  Company Overview

10.1.2.  Type Offerings

10.1.3.  Financial Performance

10.1.4.  Recent Initiatives

10.2.              Amera Seiki

10.2.1.  Company Overview

10.2.2.  Type Offerings

10.2.3.  Financial Performance

10.2.4.  Recent Initiatives

10.3.              DATRON Dynamics

10.3.1.  Company Overview

10.3.2.  Type Offerings

10.3.3.  Financial Performance

10.3.4.  Recent Initiatives

10.4.              DMG MORI CO

10.4.1.  Company Overview

10.4.2.  Type Offerings

10.4.3.  Financial Performance

10.4.4.  Recent Initiatives

10.5.              Haas Automation

10.5.1.  Company Overview

10.5.2.  Type Offerings

10.5.3.  Financial Performance

10.5.4.  Recent Initiatives

10.6.              FANUC CORPORATION

10.6.1.  Company Overview

10.6.2.  Type Offerings

10.6.3.  Financial Performance

10.6.4.  Recent Initiatives

10.7.              Okuma Corporation

10.7.1.  Company Overview

10.7.2.  Type Offerings

10.7.3.  Financial Performance

10.7.4.  Recent Initiatives

10.8.              Shenyang Machine Tool Co., Ltd

10.8.1.  Company Overview

10.8.2.  Type Offerings

10.8.3.  Financial Performance

10.8.4.  Recent Initiatives

10.9.              Hurco Companies, Inc

10.9.1.  Company Overview

10.9.2.  Type Offerings

10.9.3.  Financial Performance

10.9.4.  Recent Initiatives

10.10.           Dalian Machine Tool Group Corporation (DMTG)

10.10.1.               Company Overview

10.10.2.               Type Offerings

10.10.3.               Financial Performance

10.10.4.               Recent Initiatives

Chapter 11.  Research Methodology

11.1.              Primary Research

11.2.              Secondary Research

11.3.              Assumptions

Chapter 12.  Appendix

12.1.              About Us

Glossary of Terms

Buy this Research Report study@ https://www.visionresearchreports.com/report/cart/38725

Contact Us:

Vision Research Reports

Call: +1 9197 992 333

Email: sales@visionresearchreports.com