Machine Tools Market Share

Market Share of Machine Tools Industry

The Machine Tools Market is relatively fragmented, with significant global and small and medium-sized local players. Some considerable players include TRUMPF Group, Shenyang Machine Tool Group, Amada Co. Ltd, DMG Mori Seiki Co., Ltd, Falcon Machine Tools Co. Ltd, and many others. The regional hubs in the market include China, Germany, Japan, and Italy. Companies are also focusing on developing more automated solutions with an increasing preference for automation. Furthermore, the industry is witnessing a trend of consolidation through mergers and acquisitions. These strategies help the companies enter new market areas and gain new customers.

Machine Tools Market Leaders

1. TRUMPF Group

2. Shenyang Machine Tool Group

3. Amada Co. Ltd

4. DMG Mori Seiki Co., Ltd

5. Falcon Machine Tools Co. Ltd

*Disclaimer: Major Players sorted in no particular order