Description
Multi-Tasking Machine Tools Market Research Report Forecast to 2028
Market Overview
The Global Multi-Tasking Machine Tools Market is anticipated to record a CAGR of 2.98% during the review period. Multi-tasking machines add activities past turning, processing, and boring. These machines are practically special and adaptable as per the activities. The machining activities that have been integrated into these machines incorporate sharpening, pushing, crushing, cleaning, and cutting pinion wheels. Also, multitasking machines lessen the set-up time and situating of apparatuses.
Multi-tasking machine tools comprise the usefulness of at least two conventional standalone machine tools. They consolidate a few cutting cycles like turning, processing, penetrating, tapping, and profound opening exhausting on one machine rather than having those equivalent cycles handled by multiple machines. The development of the car business universally and the advancement of aviation and protection foundations in developing markets are driving market development. Development in the number of modern exercises is additionally driving the development of the worldwide market. This is principally because multi-tasking machine tools are exceptionally effective for different significant assembling processes. Be that as it may, the development of the market can be obstructed because of the great starting speculation cost.
Segment Overview
Based on product type the worldwide multi-tasking machine tools market is classified into CNC machines, erosion mix welding (FSW) machines, processing, turret machines, and others. Based on application, the market is divided into development, aviation, and auto.
Regional Analysis
Asia-Pacific overwhelmed the worldwide multi-tasking machine tools market in 2020. Quick development in development and assembling in nations, for example, China and India are supposed to build the demand for multitasking machine tools before long. Also, the region is home to one of the biggest assembling businesses universally for machine tools, cars, hardware, and others. The public authority in China upholds and energizes modern and development advancement. This assisted the recuperation of the business lodging with marketing in the country. Besides, many significant producers across the globe are moving their assembling base to China, basically because of the accessibility of more than adequate natural substances and the minimal expense of laying out new assembling plants. Government support, developing standardization endeavors, and the intermingling of advances are the central points driving market development. Moreover, the nation is likewise seeing development in the car business, further projected to drive the market.
Europe is the center point of significant vehicle makers like Audi, BMW, and Volvo, powering the market development. Numerous different ventures are connected to the development business, making it a significant monetary development driver. Also, further developed productivity, time viability, and accuracy and precision given across metalworking enterprises, including auto and assembling, are supposed to drive the multitasking machine tools market.
Major Players
The key players operating in the Global Multi-Tasking Machine Tools Market are Okuma Corporation (Japan), Yamazaki Mazak Corporation (Japan), LTD (Japan), Tongtai Machine & Tool Co., Ltd (China), Nakamura-Tome CO., Breton S.p.A. (Italy), Tsugami Corporation (Japan), Hwacheon Machinery Co. Ltd (South Korea), Doosan Corporation (South Korea), Accuway Machinery Corporation (China), DMG Mori (Japan), and Trevisan Machine Tool (US).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 13
1.1 MARKET ATTRACTIVENESS ANALYSIS 14
1.1.1 GLOBAL MULTI-TASKING MACHINE TOOLS MARKET, BY PRODUCT TYPE 15
1.1.2 GLOBAL MULTI-TASKING MACHINE TOOLS MARKET, BY APPLICATION 16
1.1.3 GLOBAL MULTI-TASKING MACHINE TOOLS MARKET, BY REGION 17
2 MARKET INTRODUCTION 18
2.1 SCOPE OF THE STUDY 18
2.2 RESEARCH OBJECTIVE 18
2.3 MARKET STRUCTURE 19
2.4 KEY BUYING CRITERIA 19
3 RESEARCH METHODOLOGY 20
3.1 RESEARCH PROCESS 20
3.2 PRIMARY RESEARCH 21
3.3 SECONDARY RESEARCH 22
3.4 MARKET SIZE ESTIMATION 23
3.5 FORECAST MODEL 24
3.6 LIST OF ASSUMPTIONS & LIMITATIONS 25
4 MARKET INSIGHTS 26
5 MARKET DYNAMICS 28
5.1 INTRODUCTION 28
5.2 DRIVERS 29
5.2.1 INCREASING DEMAND FROM THE MANUFACTURING SECTOR 29
5.2.2 DEVELOPING AEROSPACE & DEFENSE INFRASTRUCTURE IN EMERGING MARKET 29
5.2.3 DRIVERS IMPACT ANALYSIS 30
5.3 RESTRAINTS 30
5.3.1 HIGH INITIAL INVESTMENT 30
5.3.2 RESTRAINTS IMPACT ANALYSIS 31
5.4 OPPORTUNITIES 31
5.4.1 GROWTH IN THE NUMBER OF INDUSTRIAL ACTIVITIES 31
5.5 CHALLENGE 32
5.5.1 SURGING PRICES OF STEEL 32
6 MARKET FACTOR ANALYSIS 33
6.1 SUPPLY CHAIN ANALYSIS 33
6.1.1 DESIGN AND DEVELOPMENT 33
6.1.2 RAW MATERIAL/COMPONENT SUPPLY 33
6.1.3 MULTI-TASKING MACHINE TOOLS MANUFACTURE/ASSEMBLY 34
6.1.4 MULTI-TASKING MACHINE TOOLS DISTRIBUTION 34
6.1.5 END USE 34
6.2 PORTER’S FIVE FORCES MODEL 35
6.2.1 THREAT OF NEW ENTRANTS 36
6.2.2 BARGAINING POWER OF SUPPLIERS 36
6.2.3 THREAT OF SUBSTITUTES 36
6.2.4 BARGAINING POWER OF BUYERS 36
6.2.5 INTENSITY OF RIVALRY 37
6.3 IMPACT OF COVID-19 PANDEMIC ON THE GLOBAL MULTI-TASKING MACHINE TOOLS MARKET 37
6.3.1 IMPACT ON PRODUCTION 37
6.3.2 IMPACT ON SUPPLY CHAIN 37
6.3.3 IMPACT ON RAW MATERIALS 38
6.3.4 CASH FLOW CONSTRAINTS 38
6.3.5 IMPACT ON PRICING 38
7 GLOBAL MULTI-TASKING MACHINE TOOLS MARKET, BY PRODUCT TYPE 39
7.1 OVERVIEW 39
7.1.1 GLOBAL MULTI-TASKING MACHINE TOOLS MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2019–2028 40
7.2 CNC MACHINE 41
7.2.1 CNC MACHINE: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 41
7.3 TURRET MACHINE 42
7.3.1 TURRET MACHINE: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 42
7.4 MILLING 43
7.4.1 MILLING: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 43
7.5 FRICTION STIR WELDING (FSW) MACHINES 44
7.5.1 FRICTION STIR WELDING (FSW) MACHINES: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 44
7.6 OTHERS 45
7.6.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 45
8 GLOBAL MULTI-TASKING MACHINE TOOLS MARKET, BY APPLICATION 46
8.1 OVERVIEW 46
8.1.1 GLOBAL MULTI-TASKING MACHINE TOOLS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019–2028 47
8.2 AUTOMOTIVE 48
8.2.1 AUTOMOTIVE: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 48
8.3 CONSTRUCTION 49
8.3.1 CONSTRUCTION: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 49
8.4 AEROSPACE 50
8.4.1 AEROSPACE: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 50
8.5 OTHERS 51
8.5.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 51
9 GLOBAL MULTI-TASKING MACHINE TOOLS MARKET, BY REGION 52
9.1 OVERVIEW 52
9.1.1 GLOBAL MULTI-TASKING MACHINE TOOLS MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 53
9.2 NORTH AMERICA 54
9.2.1 NORTH AMERICA MULTI-TASKING MACHINE TOOLS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2028 55
9.2.2 US 57
9.2.3 CANADA 58
9.2.4 MEXICO 59
9.3 EUROPE 60
9.3.1 EUROPE MULTI-TASKING MACHINE TOOLS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2028 61
9.3.2 GERMANY 63
9.3.3 UK 64
9.3.4 FRANCE 65
9.3.5 SPAIN 66
9.3.6 ITALY 67
9.3.7 REST OF EUROPE 68
9.4 ASIA-PACIFIC 69
9.4.1 ASIA-PACIFIC MULTI-TASKING MACHINE TOOLS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2028 70
9.4.2 CHINA 72
9.4.3 INDIA 73
9.4.4 JAPAN 74
9.4.5 AUSTRALIA & NEW ZEALAND 75
9.4.6 REST OF ASIA-PACIFIC 76
9.5 REST OF THE WORLD 77
9.5.1 REST OF THE WORLD MULTI-TASKING MACHINE TOOLS MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 78
9.5.2 SOUTH AMERICA 80
9.5.3 MIDDLE EAST 81
9.5.4 AFRICA 82
10 COMPETITIVE LANDSCAPE 83
10.1 INTRODUCTION 83
10.1.1 MARKET STRATEGY ANALYSIS 83
10.2 COMPETITIVE BENCHMARKING 84
10.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 85
10.3.1 PRODUCT LAUNCH 85
10.3.2 EXPANSIONS 85
10.4 COMPANY MARKET SHARE ANALYSIS 86
11 COMPANY PROFILES 87
11.1 YAMAZAKI MAZAK CORPORATION 87
11.1.1 COMPANY OVERVIEW 87
11.1.2 FINANCIAL OVERVIEW 87
11.1.3 PRODUCTS OFFERED 87
11.1.4 KEY DEVELOPMENTS 88
11.1.5 SWOT ANALYSIS 89
11.1.6 KEY STRATEGIES 89
11.2 NAKAMURA-TOME CO., LTD 90
11.2.1 COMPANY OVERVIEW 90
11.2.2 FINANCIAL OVERVIEW 90
11.2.3 PRODUCTS OFFERED 90
11.2.4 KEY DEVELOPMENTS 91
11.2.5 SWOT ANALYSIS 92
11.2.6 KEY STRATEGIES 92
11.3 TONGTAI MACHINE & TOOL CO., LTD 93
11.3.1 COMPANY OVERVIEW 93
11.3.2 FINANCIAL OVERVIEW 93
11.3.3 PRODUCTS OFFERED 94
11.3.4 KEY DEVELOPMENTS 94
11.3.5 SWOT ANALYSIS 94
11.3.6 KEY STRATEGIES 95
11.4 OKUMA CORPORATION 96
11.4.1 COMPANY OVERVIEW 96
11.4.2 FINANCIAL OVERVIEW 96
11.4.3 PRODUCTS OFFERED 97
11.4.4 KEY DEVELOPMENTS 97
11.4.5 SWOT ANALYSIS 98
11.4.6 KEY STRATEGIES 98
11.5 TSUGAMI CORPORATION 99
11.5.1 COMPANY OVERVIEW 99
11.5.2 FINANCIAL OVERVIEW 99
11.5.3 PRODUCTS OFFERED 100
11.5.4 KEY DEVELOPMENTS 100
11.5.5 SWOT ANALYSIS 100
11.5.6 KEY STRATEGIES 101
11.6 DOOSAN CORPORATION 102
11.6.1 COMPANY OVERVIEW 102
11.6.2 FINANCIAL OVERVIEW 103
11.6.3 PRODUCTS OFFERED 104
11.6.4 KEY DEVELOPMENTS 104
11.6.5 SWOT ANALYSIS 105
11.6.6 KEY STRATEGIES 105
11.7 TREVISAN MACHINE TOOL 106
11.7.1 COMPANY OVERVIEW 106
11.7.2 FINANCIAL OVERVIEW 106
11.7.3 PRODUCTS OFFERED 106
11.7.4 KEY DEVELOPMENTS 106
11.7.5 KEY STRATEGIES 106
11.8 ACCUWAY MACHINERY CORPORATION 107
11.8.1 COMPANY OVERVIEW 107
11.8.2 FINANCIAL OVERVIEW 107
11.8.3 PRODUCTS OFFERED 108
11.8.4 KEY DEVELOPMENTS 108
11.8.5 KEY STRATEGIES 108
11.9 BRETON S.P.A. 109
11.9.1 COMPANY OVERVIEW 109
11.9.2 FINANCIAL OVERVIEW 109
11.9.3 PRODUCTS OFFERED 109
11.9.4 KEY DEVELOPMENTS 109
11.9.5 KEY STRATEGIES 109
11.10 DMG MORI 110
11.10.1 COMPANY OVERVIEW 110
11.10.2 FINANCIAL OVERVIEW 110
11.10.3 PRODUCTS OFFERED 111
11.10.4 KEY DEVELOPMENTS 111
11.10.5 KEY STRATEGIES 111
11.11 HWACHEON MACHINERY CO., LTD 112
11.11.1 COMPANY OVERVIEW 112
11.11.2 FINANCIAL OVERVIEW 112
11.11.3 PRODUCTS OFFERED 112
11.11.4 KEY DEVELOPMENTS 112
11.11.5 KEY STRATEGIES 112
12 APPENDIX 113
12.1 REFERENCES 113
12.2 RELATED REPORTS 113
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