There were 1,565 press releases posted in the last 24 hours and 260,842 in the last 365 days.

/EIN News/ -- Rockville, Oct. 06, 2022 (GLOBE NEWSWIRE) -- The global machine tools market was valued at US$ 63 Billion at the end of 2021 and is anticipated to surpass US$ 107.75 Billion by registering a CAGR of 5% by the end of the forecast period 2022-2032. The automotive & transportation segment is estimated to be the most lucrative end use capturing 36% of the overall demand pie in the global machine tools market.

Furthermore, manufacturers are adopting green manufacturing to reduce the overall operating cost by using energy efficient processes that can drastically reduce energy and utility bills, thus fueling the demand for machine tools with lesser power consumption.

In addition, the penetration of Industry 4.0 along with Internet of Things is changing the dynamics of machine tools market. Moreover, technological advancements in the field of manufacturing sectors is rapidly changing the development for machine tools. This, in turn, is positively influencing the growth of machine tools market.

Want A Detailed Understanding of Market Functioning? Request for a Sample Here –

https://www.factmr.com/connectus/sample?flag=S&rep_id=4348

Key Takeaways of the Machine Tools Market

Product Launches to Remain a Prime Growth Lever

Key players in the machine tools market are

Prominent machine tools manufacturers are launching new products and capitalizing significantly in their R&D endeavors to bring constant change in their line of products as per the todays dynamic industry trends. For instance,

Get Customization on this Report for Specific Research Solutions –

https://www.factmr.com/connectus/sample?flag=RC&rep_id=4348

Key Segments Profiled in the Machine Tools Industry Survey

Choose Quick and Secure PayPal Payment Mode to Get Full Access of This Report

https://www.factmr.com/checkout/4348

More Valuable Insights on the Machine Tools Market

Fact.MR, in its new offering, presents an unbiased analysis of the global machine tools market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2032.

The study divulges essential insights on the machine tools market on the basis of product type (Metal Cutting Machine Tools (Machining Centers, Laser, EDM, & Related, Lathes and Other Metal Cutting), Metal forming Machine Tools (Presses, Punching & Shearing Machines, Bending & Forming Machine, Other Metal Forming) and end use (Automotive & Transportation, Electrical & Electronics, Machinery, General Manufacturing and Others) across seven major regions.

    1.1. Global Market Outlook

    1.2. Global Machine Tools Market – Regional Overview

    1.3. Global Machine Tools Market – Opportunity Assessment

    1.4. Analysis and Recommendations by Fact.MR

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Risks & Trends Assessment

    3.1. Impact of COVID-19 Crisis on Automotive Sector

    3.2. Impact of COVID-19 Crisis on Machine Tools Production and Demand

    3.3. Impact of COVID-19 Crisis on Machine Tools Prices

    3.4. Impact of COVID-19 Crisis on Machine Tools Global Imports and Exports

    3.5. Opportunities for Machine Tools Chemicals Due To Increased Product Usage

Check out more related studies published by Fact.MR Research: 

Robotic End of Arm Tools Market: Robotic end of arm tools (EOAT) have been gaining traction as primary equipment for seamless interaction with parts & components at the end of a robotic arm. Robotic end of arm tools (EOAT) are being increasingly deployed for offering specific functionalities to robots and accommodating multiple processes in one go.

Precision Measuring Tools Market: Persistent growth of the global manufacturing sector is another driver encouraging manufacturers of the precision measuring tools to introduce innovative measuring solutions in the market. In addition, manufacturers are adopting a uniform approach to design the precision measuring tools that can communicate with a wide variety of systems. This saves the resources as well as efforts of designing customized precision measuring tools for different platforms. 

Portable Tools Market: The global portable tools market is estimated at USD 80.4 Billion in 2022 and is forecast to surpass USD 121.6 Billion by 2032, growing at a CAGR of 4.2% during 2022-2032. Rising cost of nickel cadmium and mercury substitutes has had a mitigating effect on cordless power tools in particular. The challenges are compounded owing to the intense fragmentation in the portable tools market, with Asia Pacific in particular witnessing proliferation of new entrants.

Induction Sealing Machine Market: The induction sealing machine is used for packaging products of various industry verticals such as food and beverages, medical, chemicals and fast moving consumer goods; it depends significantly on the economic performance of the respective region.

Metal Injection Molding Market: Rising demand for miniaturized composite elements that are used as a high performance materials in several end-use industries is one of the most significant factors, which is driving the growth of metal injection molding market during the projected period. Moreover, rising demand for various medical equipment is also responsible in fueling the demand for metal injection molding. 

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.  Contact:  Mahendra Singh  US Sales Office:  11140 Rockville Pike  Suite 400  Rockville, MD 20852  Email: sales@factmr.com

EIN Presswire's priority is source transparency. We do not allow opaque clients, and our editors try to be careful about weeding out false and misleading content. As a user, if you see something we have missed, please do bring it to our attention. Your help is welcome. EIN Presswire, Everyone's Internet News Presswire™, tries to define some of the boundaries that are reasonable in today's world. Please see our Editorial Guidelines for more information.

© 1995-2022 Newsmatics Inc. dba EIN Presswire All Right Reserved.