CNC Metal Cutting Machine Tools Market 2019 Global Leading Players, Trends, Segments, Regional Analysis and Industry Growth by Forecast To 2023

MRFR reports that the global CNC metal cutting machine tools market will expand at a compound annual growth rate of 6.14% between 2018 and 2023.

Pune, India - February 11, 2019 /MarketersMedia/ —

CNC Metal Cutting Machine Tools Market 2019

CNC Metal Cutting Machine Tools Market 2019 is latest research report by MarketResearchFuture, the global CNC Metal Cutting Machine Tools market is expected to Register High Growth Rate during 2019 To 2023. Report analyzes CNC Metal Cutting Machine Tools Market Key Companies with Size, Share, Trends analysis, and Key Country Forecast to 2023. CNC Metal Cutting Machine Tools Market Information is segmented by Product Type, Application and Region - Forecast Till 2023

Companies Covered

DMG MORI CO., LTD, FANUC CORPORATION, JTEKT CORPORATION, Dalian Machine Tool Group Corporation, Yamazaki Mazak Corporation, Hurco Companies, Inc., Okuma Corporation, Makino Milling Machine Co., Ltd., Haas Automation, Inc., EMAG GmbH & Co. KG, Komatsu Ltd., and AMADA MACHINE TOOLS CO., LTD.

Get Sample Report of “CNC Metal Cutting Machine Tools Market Research Report - Global Forecast to 2023” @

Market Snapshot

MRFR reports that the global CNC metal cutting machine tools market will expand at a compound annual growth rate of 6.14% between 2019 and 2023. Rapid industrialization in fast developing countries in APAC, MEA and LatAm to play an important role in driving the market during the projection period. Market players to gain from trend such as industrial automation and Industrial IoT. Market opportunities arising from the automotive sector is likely to standout. Demand for advanced metal cutting equipment has continued to grow in the automotive sector. The sector is likely to exhibit an above-average performance over the next five years, which remains a positive indicator for the market.

Segmental Analysis

Segmental analysis of the global CNC metal cutting machine tools market is conducted on the basis of product type, application and region.

Based on product type, the market has been segmented into vertical machine centers, horizontal machine center and CNC grinder. The vertical machine centers segment is expected to remain highly attractive in 2019 and beyond. The segment is currently valued at over USD 20,000 Mn and will witness a CAGR of 6.43% during the assessment period. Vertical machine centers are extremely versatile and can perform a wide range of cutting task.

Based on application, the market has been segmented into aerospace and defense, shipbuilding, construction and automotive. The automotive segment accounted for the largest market share in 2018 and is likely to retain its dominant position throughout the assessment period. The segment is anticipated to reach a valuation in excess of USD 19,000 Mn by the year 2023, reflecting an above-average CAGR. Cutting applications are high in the automotive sector, making it a highly lucrative segment. In addition, growing emphasis on automation for automotive manufacturing is reflecting favorably on the market.

Regional Outlook

On the basis of region, the market has been segmented into Europe, North America, Asia Pacific (APAC) and Rest of the World (RoW). The market in Asia Pacific has been growth at a significant pace in recent years. In 2017, the region accounted for little under 46% share of the global market. Countries such as China, Japan, India and South Korea are likely to remain at the forefront of the APAC CNC metal cutting machine tools. By the end of the forecast period, the region’s market is expected to surpass a valuation of USD 27,300 Mn. Economic boom as result of rapid industrialization is typically attributed to the emergence of APAC as major CNC metal cutting machine tools market.

Get Details Information of “CNC Metal Cutting Machine Tools Market Research Report - Global Forecast to 2023” @


About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Address: Market Research Future, Office No. 528, Amanora Chambers, Magarpatta Road, Hadapsar,, Pune - 411028, Maharashtra, India, +1 646 845 9312,

Source URL:

Source: MarketersMedia

Release ID: 481362

Latest News

Hitting NFL draft's red carpet means dressing up for moment

Apr 26, 2019

NASHVILLE, Tenn. — Brian Burns simply had to have the right pair of Spider-Man socks, so the pass rusher from Florida State had a pair overnighted to him in time for the red carpet at the NFL draft. The perfect touch to the purple suit and sunglasses making him the best-dressed. At least in his opinion. "How do I think I rate? I'm a 10. All day. I'm a 10," Burns said. "Yeah it's me. I've got it." Walking any red carpet is a reason to dress up for the occasion, and young men going from college to work in...

Biden enters Democratic race with strong anti-Trump theme

Apr 26, 2019

WASHINGTON — Declaring the "soul of this nation" at stake, former Vice President Joe Biden pushed into the crowded 2020 presidential contest Thursday and quickly sparked a fierce debate over the direction of the modern-day Democratic Party. Ignoring the political noise in his own party, Biden aimed directly at Donald Trump in an announcement video seizing on the Republican president's response to the deadly clash between white supremacists and counter-protesters in Charlottesville, Virginia, two years ago. That was the spur for him to launch a third presidential bid, Biden said, noting Trump's comments that there were some "very fine people"...

Important Harvey Weinstein hearing could be held in secret

Apr 26, 2019

NEW YORK — An important pretrial hearing in Harvey Weinstein's sexual assault case could play out in secret if a judge rules against news organizations fighting to keep the courtroom open. Both the prosecution and defense have asked that Friday's hearing, which will deal with trial strategy and potential witnesses, be held behind closed doors. Prosecutors say they want to protect Weinstein's right to a fair trial and shield the identities of women who've accused the disgraced movie mogul of wrongdoing. Weinstein's lawyers say news coverage could taint the jury pool. Lawyers for the news organizations, including The Associated Press...

Day 2 at New Orleans Jazz Fest: Sunshine and Santana

Apr 26, 2019

NEW ORLEANS — Sunshine and Santana. Both are expected to be welcome sights on the second day of the New Orleans Jazz & Heritage Festival. There have been some disappointments in the run-up to the 50th annual Jazz Fest. The celebration was to have been marked by a May 2 performance by the Rolling Stones but the group had to cancel for health reasons. So did Fleetwood Mac. Then there were the storms that delayed Thursday's opening. Friday's forecast calls for warm, dry weather for the dozens of acts that will play throughout the day on 10 stages. Santana is...

Chiefs' Hill suspended after audio discussing child abuse

Apr 26, 2019

OLATHE, Kan. — The Kansas City Chiefs effectively suspended Tyreek Hill from all team-related activities Thursday night while they investigate an audio recording that aired on a local TV station in which the star wide receiver's fiancee accused him of abusing their 3-year-old son. The recording surfaced one day after prosecutors said they believed abuse had occurred in Hill's home last month but that they could not press charges because it was unclear who committed the crime. Chiefs general manager Brett Veach read a statement after the conclusion of the first round of the NFL draft that said the team...

Sign up now!