Milling Machines Market
Milling Machines Market Analysis, By Type (Horizontal, Vertical), By End Use (Industrial, Power & Energy, Automotive, Aerospace & Defense, Other End Uses), & Region - Global Market Insights 2023 to 2033
Analysis of Milling Machines Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Milling Machines Market Growth Outlook 2023-2033
The global milling machines market is valued at US$ 7.5 billion in 2023 and is likely to touch US$ 13 billion by 2033, expanding at a steady CAGR of 5.6% during the forecast period (2023–2033).
For ages, milling machines have been one of the most important and popular machine tools that have been consistently improved. Milling machines are used to carve out the required shape by removing metal from the workpiece's surface.
They are used to shape and size metal or other materials using revolving cutters or tools that rotate about an axis parallel to the surface of the workpiece while moving perpendicularly over it.
Rapidly expanding global metalworking industry and a significant increase in metalworking facilities worldwide have fueled the demand for milling machines in recent years.
Milling machines are incredibly versatile and can execute a wide range of tasks such as chamfering, turning, drilling, gear cutting, facing, and slot cutting. By installing numerous cutters, these machines can make multiple cuts at the same time.
Milling machines can also accommodate other tools, such as fluted, rounding, and ball-end mills. Milling machines are useful for machining metal parts in industries such as aerospace and defense and automotive.
Numerous milling machine makers are implementing CNC (computer numerical control) technology to improve the quality and productivity of the work performed by milling machines by employing the same tools and programs to generate many parts.
CNC machining has become critical for the manufacturing industry and is quickly becoming a popular technique for precision-machining metal parts. CNC machining is a precise automation technique capable of producing high-quality metal items without the need for human intervention.
Moreover, the incorporation of CAD and CAM software into CNC machines gives additional benefits such as reduced machining time and improved workflow. Furthermore, the development of compact machine tools that require less floor space is gathering steam in the industrial manufacturing sector.
Automation and multi-axis machining are two of the market's most significant trends. Companies increasingly prefer multi-axis machining equipment to produce high-quality metal parts in shorter periods.
5-axis and 6-axis milling machines are gaining popularity in the worldwide market. While 5-axis machines have significantly impacted the metal processing industry by cutting turnaround time, decreasing waste, and improving efficiency, 6-axis machines have the potential to alter machining processes and operations completely.
Moreover, the increased need for high-quality fabricated metal goods from defense and aerospace, as well as automotive, is creating new opportunities for developing new and innovative multi-axis machine tools.
Report Attributes |
Details |
|
Milling Machines Market Size in 2023 |
US$ 7.5 Billion |
|
Projected Market Value (2033) |
US$ 13 Billion |
|
Global Market Growth Rate (2023-2033) |
5.6% CAGR |
|
Asia Pacific Market Share (2022) |
40% |
|
Vertical Milling Machines Segment Growth Rate (2023-2033) |
4% CAGR |
|
Key Companies Profiled |
|
Know thy Competitors
Competitive landscape highlights only certain players
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Why is the Popularity of Milling Machines Rising Steadily?
“Increasing Demand to Lower Operating Costs and Boost Productivity”
Growing demand from end-users is pushing industries to improve their manufacturing processes. Companies are striving for lower operational costs as the manufacturing process becomes more complex, boosting the demand for milling machines. Milling machines produce high-quality goods in less time, assisting companies in lowering costs and decreasing waste.
Furthermore, cold milling machines are rapidly being employed in industrial manufacturing since they give varied functionalities when necessary for multiple applications.
“Rising Need for Customized Mass Production”
Milling machines manufacture customized items in large quantities. The consumer market is seeking products that stand out and have the most recent hardware and technology. This has led to an increased and continuous manufacturing process for numerous industries such as automobiles, electronics, general manufacturing, and so on.
Furthermore, companies want to seize every opportunity to enhance their market share, so they are searching for continual development in their production facilities to raise output. Moreover, the connected industry, industry 4.0, robotics, and automation are highlighting the need for firms to have an automated manufacturing process, which is increasing the demand for milling machines.
What Can Limit Sales Growth of Milling Machine Manufacturers?
“High Installation and Maintenance Costs”
Milling machines are an important part of the machine tools market, despite the fact that they only do limited milling tasks like lathe, drill, and so on. Due to this limitation, industries are forced to install additional machines, raising the capital investment required.
Furthermore, different machines have irregular wear and tear cycles, which results in higher maintenance costs for the company. Other types of machine tools, such as machining centers, perform a variety of operations, including milling; as a consequence, customers prefer machining centers over milling machines. These factors are anticipated to limit sales growth.
Country-wise Insights
Why are Japan and South Korea Major Markets in Asia Pacific?
The demand for milling machines in Asia Pacific is escalating due to the increased popularity of metal cutting in the region. Asia Pacific accounted for 40% of the market for milling machines in 2022.
The demand for milling machines in Asia Pacific is fueled by factors such as greater knowledge regarding energy-efficient manufacturing processes, rapid industrialization, and a rise in economically developing countries. Furthermore, important businesses are concentrating their efforts on developing manufacturing facilities in Asia Pacific since the region offers low-cost labor, land, and expenses.
Japan and South Korea are major markets in Asia Pacific due to the existence of several manufacturing industries in these countries. Moreover, the demand for milling machines is growing in Japan and South Korea due to the increased need for high-output products with reduced downtime.
How is Germany Contributing to Increasing Sales of Milling Machines in Europe?
The Europe milling machine market is estimated to grow significantly during the forecast period. The region is concentrating on the development of energy-efficient milling equipment and a technologically advanced product line.
Germany is boosting the market growth in Europe due to the increasing adoption of milling machines by German automotive manufacturers.
Why is the United States Likely to Remain Dominant in North America?
Demand for milling machines in North America is increasing. The United States dominated the North American market and is expected to continue during the study period.
The demand for milling machines in the United States is growing owing to the usage of these machines for industrial applications, where they are deployed to manufacture components effectively.
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Category-wise Insights
Why is Demand for Vertical Milling Machines Gaining Traction?
Demand for vertical milling machines is projected to increase at a CAGR of 4% from 2023 to 2033.
A vertical milling machine is usually made up of a self-contained electric drive motor, a digital readout, a coolant system, and variable spindle speed. The vertically mounted cutter of a vertical milling machine is designed to rotate at varying speeds to change the fixed workpiece as needed.
Vertical milling machines are multipurpose and can drill larger diameter holes, eliminating the need for separate large-hole drilling equipment. The ability of these machines to be readily changed and maneuvered according to the desired shape ensures that the demand for vertical milling machines will grow significantly in the coming years.
Moreover, vertical milling machines are less complex than horizontal milling machines due to the one-piece tool head, which removes the requirement for complex gearing inside the vertical column.
To meet the increased demand from end consumers, the manufacturing industries are going through a revolutionary phase with the implementation of automated processes and industry 4.0. As a result, companies have installed innovative machines to ensure a constant and effective production process. These machines make the production process more efficient, structured, time-saving, and with fewer human errors.
Vertical milling machines are examples of such machines that enable firms to execute milling operations on various surfaces.
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Competitive Landscape
The market for milling machines is extremely competitive due to the presence of various global and regional players. Major companies in the milling machines industry are employing various methods, such as regional and product portfolio expansion, to strengthen their market position.
Moreover, several startups are entering the worldwide market with innovative product offerings.
- Science Labs, a Canadian startup, makes a low-cost milling machine. LongMill, their CNC machine, has high-power NEMA 23 motors, an aluminum router mount, a Steel Z-axis motor mount plate, and multi-platform CAM software.
- Yamazaki Mazak launched the CV5-500 5-axis machining center and QTE Series turning machine in January 2022. Furthermore, in March 2022, the company released two vertical machines, the CVE-600 and VCN-700. These machines provide high precision, excellent performance, and low time consumption.
- CDI Energy Products is a market vendor and producer of high-performance polymer products. The company installed 5-Axis CNC milling equipment to increase its production rate and improve the market's automation-based solutions in April 2021.
- GF Machining Solutions LLC, a U.K.-based producer of die makers and targeted molds, debuted a three-axis vertical milling machine in March 2021. The product was launched in North America and will target consumers who demand a long-lasting and effective vertical milling machine. The product has an extended machining duration and higher productivity.
Key Segments of Milling Machines Industry Research
-
By Type :
- Horizontal Milling Machines
- Vertical Milling Machines
-
By End Use :
- Industrial
- Power & Energy
- Automotive
- Aerospace & Defense
- Other End Uses
-
By Region :
- North America
- Latin America
- Europe
- APAC
- MEA
Table of Content
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 2.3. Inclusions/Exclusions 3. Key Market Trends 3.1. Key Trends Impacting the Market 3.2. Type modifications /Innovation 4. Key Success Factors 4.1. Strategic Developments 4.2. Key regulations 4.3. Type USPs /Technology 4.4. List of Manufacturers and Providers 5. Market Background 5.1. Macro-Economic Factors 5.1.1. Global GDP outlook 5.1.2. Increasing R&D Expenditure 5.2. Forecast Factors - Relevance & Impact 5.2.1. New Type launches 5.2.2. Cost of Types 5.3. Market Dynamics 5.3.1. Drivers 5.3.2. Restraints 5.3.3. Opportunity Analysis 6. COVID19 Crisis Analysis 6.1. Current COVID19 Statistics and Probable Future Impact 6.2. Current GDP Projection and Probable Impact 6.3. Current Economic Projection as Compared to 2008 Economic analysis 6.4. COVID19 and Impact Analysis 6.4.1. Revenue By Type 6.4.2. Revenue By End Use 6.4.3. Revenue By Country 6.5. 2022 Market Scenario 6.6. Quarter by Quarter Forecast 6.7. Projected Recovery Quarter 7. Global Market Volume (Units) Analysis 2018-2022 and Forecast, 2023-2033 7.1. Historical Market Volume (Units) Analysis, 2018-2022 7.2. Current and Future Market Volume (Units) Projections, 2023-2033 7.2.1. Y-o-Y Growth Trend Analysis 8. Global Market - Pricing Analysis 8.1. Regional Pricing Analysis By Type 8.2. Pricing Break-up 8.2.1. Manufacturer Level Pricing 8.2.2. Distributor Level Pricing 8.3. Global Average Pricing Analysis Benchmark 9. Global Market Value Analysis 2018–2022 and Forecast, 2023-2033 9.1. Historical Market Value (US$ Mn) Analysis, 2018–2022 9.2. Current and Future Market Value (US$ Mn) Projections, 2023-2033 9.2.1. Y-o-Y Growth Trend Analysis 9.2.2. Absolute $ Opportunity Analysis 10. Global Market Analysis 2018–2022 and Forecast 2023-2033, by Type 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Mn) Analysis By Types & Services, 2018–2022 10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Type, 2023-2033 10.3.1. Horizontal Milling Machines 10.3.2. Vertical Milling Machines 10.4. Market Attractiveness Analysis By Type 11. Global Market Analysis 2018–2022 and Forecast 2023-2033, by End Use 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Mn) Analysis By End Use , 2018–2022 11.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By End Use , 2023-2033 11.3.1. Industrial 11.3.2. Power & Energy 11.3.3. Automotive 11.3.4. Aerospace & Defense 11.3.5. Other End Uses 11.4. Market Attractiveness Analysis By End Use 12. Global Market Analysis 2018–2022 and Forecast 2023-2033, by Region 12.1. Introduction 12.2. Historical Market Size (US$ Mn) Analysis By Region, 2018–2022 12.3. Current Market Size (US$ Mn) Analysis and Forecast By Region, 2023-2033 12.3.1. North America 12.3.2. Latin America 12.3.3. Europe 12.3.4. East Asia 12.3.5. South Asia 12.3.6. Oceania 12.3.7. Middle East and Africa (MEA) 12.4. Market Attractiveness Analysis By Region 13. North America Market Analysis 2018–2022 and Forecast 2023-2033 13.1. Introduction 13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018–2022 13.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023-2033 13.3.1. By Country 13.3.1.1. U.S. 13.3.1.2. Canada 13.3.2. By Type 13.3.3. By End Use 13.4. Market Attractiveness Analysis 13.5. Key Market Participants - Intensity Mapping 13.6. Drivers and Restraints - Impact Analysis 14. Latin America Market Analysis 2018–2022 and Forecast 2023-2033 14.1. Introduction 14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018–2022 14.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023-2033 14.3.1. By Country 14.3.1.1. Brazil 14.3.1.2. Mexico 14.3.1.3. Argentina 14.3.1.4. Rest of Latin America 14.3.2. By Type 14.3.3. By End Use 14.4. Market Attractiveness Analysis 14.5. Key Market Participants - Intensity Mapping 14.6. Drivers and Restraints - Impact Analysis 15. Europe Market Analysis 2018–2022 and Forecast 2023-2033 15.1. Introduction 15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018–2022 15.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023-2033 15.3.1. By Country 15.3.1.1. Germany 15.3.1.2. Italy 15.3.1.3. France 15.3.1.4. U.K. 15.3.1.5. Spain 15.3.1.6. Russia 15.3.1.7. Rest of Europe 15.3.2. By Type 15.3.3. By End Use 15.4. Market Attractiveness Analysis 15.5. Key Market Participants - Intensity Mapping 15.6. Drivers and Restraints - Impact Analysis 16. South Asia Market Analysis 2018–2022 and Forecast 2023-2033 16.1. Introduction 16.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018–2022 16.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023-2033 16.3.1. By Country 16.3.1.1. India 16.3.1.2. Thailand 16.3.1.3. Indonesia 16.3.1.4. Malaysia 16.3.1.5. Rest of South Asia 16.3.2. By Type 16.3.3. By End Use 16.4. Market Attractiveness Analysis 16.5. Key Market Participants - Intensity Mapping 16.6. Drivers and Restraints - Impact Analysis 17. East Asia Market Analysis 2018–2022 and Forecast 2023-2033 17.1. Introduction 17.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018–2022 17.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023-2033 17.3.1. By Country 17.3.1.1. China 17.3.1.2. Japan 17.3.1.3. South Korea 17.3.1.4. Rest of East Asia 17.3.2. By Type 17.3.3. By End Use 17.4. Market Attractiveness Analysis 17.5. Key Market Participants - Intensity Mapping 17.6. Drivers and Restraints - Impact Analysis 18. Oceania Market Analysis 2018–2022 and Forecast 2023-2033 18.1. Introduction 18.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018–2022 18.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023-2033 18.3.1. By Country 18.3.1.1. Australia 18.3.1.2. New Zealand 18.3.2. By Type 18.3.3. By End Use 18.4. Market Attractiveness Analysis 18.5. Key Market Participants - Intensity Mapping 18.6. Drivers and Restraints - Impact Analysis 19. Middle East and Africa Market Analysis 2018–2022 and Forecast 2023-2033 19.1. Introduction 19.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018–2022 19.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023-2033 19.3.1. By Country 19.3.1.1. GCC Countries 19.3.1.2. South Africa 19.3.1.3. Rest of Middle East and Africa 19.3.2. By Type 19.3.3. By End Use 19.4. Market Attractiveness Analysis 19.5. Drivers and Restraints - Impact Analysis 20. Key and Emerging Countries Market Analysis 2018–2022 and Forecast 2023-2033 20.1. Introduction 20.1.1. Market Value Proportion Analysis, By Key Countries 20.1.2. Global Vs. Country Growth Comparison 20.2. U.S. Market Analysis 20.2.1. By Type 20.2.2. By End Use 20.3. Canada Market Analysis 20.3.1. By Type 20.3.2. By End Use 20.4. Mexico Market Analysis 20.4.1. By Type 20.4.2. By End Use 20.5. Brazil Market Analysis 20.5.1. By Type 20.5.2. By End Use 20.6. U.K. Market Analysis 20.6.1. By Type 20.6.2. By End Use 20.7. Germany Market Analysis 20.7.1. By Type 20.7.2. By End Use 20.8. France Market Analysis 20.8.1. By Type 20.8.2. By End Use 20.9. Italy Market Analysis 20.9.1. By Type 20.9.2. By End Use 20.10. Spain Market Analysis 20.10.1. By Type 20.10.2. By End Use 20.11. BENELUX Market Analysis 20.11.1. By Type 20.11.2. By End Use 20.12. Russia Market Analysis 20.12.1. By Type 20.12.2. By End Use 20.13. China Market Analysis 20.13.1. By Type 20.13.2. By End Use 20.14. Japan Market Analysis 20.14.1. By Type 20.14.2. By End Use 20.15. South Korea Market Analysis 20.15.1. By Type 20.15.2. By End Use 20.16. India Market Analysis 20.16.1. By Type 20.16.2. By End Use 20.17. ASEAN Market Analysis 20.17.1. By Type 20.17.2. By End Use 20.18. Australia Market Analysis 20.18.1. By Type 20.18.2. By End Use 20.19. New Zealand Market Analysis 20.19.1. By Type 20.19.2. By End Use 20.20. GCC Countries Market Analysis 20.20.1. By Type 20.20.2. By End Use 20.21. Turkey Market Analysis 20.21.1. By Type 20.21.2. By End Use 20.22. South Africa Market Analysis 20.22.1. By Type 20.22.2. By End Use 21. Market Structure Analysis 21.1. Market Analysis by Tier of Companies 21.2. Market Concentration 21.3. Market Share Analysis of Top Players 21.4. Market Presence Analysis 21.4.1. By Regional footprint of Players 21.4.2. Type foot print by Players 21.4.3. Channel Foot Print by Players 22. Competition Analysis 22.1. Competition Dashboard 22.2. Competition Benchmarking 22.3. Competition Deep dive 22.3.1. Amera-Seiki 22.3.1.1. Overview 22.3.1.2. Type Portfolio 22.3.1.3. Profitability by Market Segments (Type/Channel/Region) 22.3.1.4. Sales Footprint 22.3.1.5. Strategy Overview 22.3.2. DATRON Dynamics, Inc 22.3.2.1. Overview 22.3.2.2. Type Portfolio 22.3.2.3. Profitability by Market Segments (Type/Channel/Region) 22.3.2.4. Sales Footprint 22.3.2.5. Strategy Overview 22.3.3. Doosan Machine Tools 22.3.3.1. Overview 22.3.3.2. Type Portfolio 22.3.3.3. Profitability by Market Segments (Type/Channel/Region) 22.3.3.4. Sales Footprint 22.3.3.5. Strategy Overview 22.3.4. ANDERSON EUROPE GMBH 22.3.4.1. Overview 22.3.4.2. Type Portfolio 22.3.4.3. Profitability by Market Segments (Type/Channel/Region) 22.3.4.4. Sales Footprint 22.3.4.5. Strategy Overview 22.3.5. Haas Automation, Inc 22.3.5.1. Overview 22.3.5.2. Type Portfolio 22.3.5.3. Profitability by Market Segments (Type/Channel/Region) 22.3.5.4. Sales Footprint 22.3.5.5. Strategy Overview 22.3.6. Baileigh Industrial Holdings LLC 22.3.6.1. Overview 22.3.6.2. Type Portfolio 22.3.6.3. Profitability by Market Segments (Type/Channel/Region) 22.3.6.4. Sales Footprint 22.3.6.5. Strategy Overview 22.3.7. FANUC CORPORATION 22.3.7.1. Overview 22.3.7.2. Type Portfolio 22.3.7.3. Profitability by Market Segments (Type/Channel/Region) 22.3.7.4. Sales Footprint 22.3.7.5. Strategy Overview 22.3.8. Benign Enterprise co 22.3.8.1. Overview 22.3.8.2. Type Portfolio 22.3.8.3. Profitability by Market Segments (Type/Channel/Region) 22.3.8.4. Sales Footprint 22.3.8.5. Strategy Overview 22.3.9. Hurco Companies, Inc 22.3.9.1. Overview 22.3.9.2. Type Portfolio 22.3.9.3. Profitability by Market Segments (Type/Channel/Region) 22.3.9.4. Sales Footprint 22.3.9.5. Strategy Overview 22.3.10. CHIRON Werke GmbH & Co. KG 22.3.10.1. Overview 22.3.10.2. Type Portfolio 22.3.10.3. Profitability by Market Segments (Type/Channel/Region) 22.3.10.4. Sales Footprint 22.3.10.5. Strategy Overview 22.3.11. DMG Mori Seiki Co., Ltd 22.3.11.1. Overview 22.3.11.2. Type Portfolio 22.3.11.3. Profitability by Market Segments (Type/Channel/Region) 22.3.11.4. Sales Footprint 22.3.11.5. Strategy Overview 22.3.12. EMCO Group 22.3.12.1. Overview 22.3.12.2. Type Portfolio 22.3.12.3. Profitability by Market Segments (Type/Channel/Region) 22.3.12.4. Sales Footprint 22.3.12.5. Strategy Overview 23. Assumptions and Acronyms Used 24. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018–2033, By Type
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018–2033, By Type
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018–2033, By End Use
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018–2033, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018-2022 and Forecast 2022–2032, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018–2033, By Type
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018–2033, By End Use
Table 08: Latin America Market Value (US$ Mn) Analysis 2018-2022 and Forecast 2022–2032, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018–2033, By Type
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018–2033, By End Use
Table 11: Europe Market Value (US$ Mn) Analysis 2018-2022 and Forecast 2022–2032, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018–2033, By Type
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018–2033, By End Use
Table 14: South Asia Market Value (US$ Mn) Analysis 2018-2022 and Forecast 2022–2032, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018–2033, By Type
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018–2033, By End Use
Table 17: East Asia Market Value (US$ Mn) Analysis 2018-2022 and Forecast 2022–2032, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018–2033, By Type
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018–2033, By End Use
Table 20: Oceania Market Value (US$ Mn) Analysis 2018-2022 and Forecast 2022–2032, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018–2033, By Type
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018–2033, By End Use
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018-2022 and Forecast 2022–2032, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018–2033, By Type
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018–2033, By End Use
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018-2022
Figure 02: Global Market Volume Forecast (in 000' Units), 2023-2033
Figure 03: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 04: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 05: Global Market Value Analysis (US$ Mn), 2018-2022
Figure 06: Global Market Value Forecast (US$ Mn), 2023-2033
Figure 07: Global Market Absolute $ Opportunity, 2023-2033
Figure 08: Global Market Share Analysis (%), By Type, 2023-2033
Figure 09: Global Market Y-o-Y Analysis (%), By Type, 2023-2033
Figure 10: Global Market Attractiveness Analysis by Type, 2023-2033
Figure 11: Global Market Share Analysis (%), By End Use, 2023-2033
Figure 12: Global Market Y-o-Y Analysis (%), By End Use, 2023-2033
Figure 13: Global Market Attractiveness Analysis by End Use, 2023-2033
Figure 14: Global Market Share Analysis (%), By Region, 2023-2033
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2023-2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023-2033
Figure 17: North America Market Value Share, By Type, 2022 (E)
Figure 18: North America Market Value Share, By End Use, 2022 (E)
Figure 19: North America Market Value Share, By Country, 2022 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018-2022
Figure 21: North America Market Value Forecast (US$ Mn), 2023-2033
Figure 22: North America Market Attractiveness Analysis by Type, 2023-2033
Figure 23: North America Market Attractiveness Analysis by End Use, 2023-2033
Figure 24: North America Market Attractiveness Analysis by Country, 2023-2033
Figure 25: Latin America Market Value Share, By Type, 2022 (E)
Figure 26: Latin America Market Value Share, By End Use, 2022 (E)
Figure 27: Latin America Market Value Share, By Country, 2022 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018-2022
Figure 29: Latin America Market Value Forecast (US$ Mn), 2023-2033
Figure 30: Latin America Market Attractiveness Analysis by Type, 2023-2033
Figure 31: Latin America Market Attractiveness Analysis by End Use, 2023-2033
Figure 32: Latin America Market Attractiveness Analysis by Country, 2023-2033
Figure 33: Europe Market Value Share, By Type, 2022 (E)
Figure 34: Europe Market Value Share, By End Use, 2022 (E)
Figure 35: Europe Market Value Share, By Country, 2022 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018-2022
Figure 37: Europe Market Value Forecast (US$ Mn), 2023-2033
Figure 38: Europe Market Attractiveness Analysis by Type, 2023-2033
Figure 39: Europe Market Attractiveness Analysis by End Use, 2023-2033
Figure 40: Europe Market Attractiveness Analysis by Country, 2023-2033
Figure 41: South Asia Market Value Share, By Type, 2022 (E)
Figure 42: South Asia Market Value Share, By End Use, 2022 (E)
Figure 43: South Asia Market Value Share, By Country, 2022 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018-2022
Figure 45: South Asia Market Value Forecast (US$ Mn), 2023-2033
Figure 46: South Asia Market Attractiveness Analysis by Type, 2023-2033
Figure 47: South Asia Market Attractiveness Analysis by End Use, 2023-2033
Figure 48: South Asia Market Attractiveness Analysis by Country, 2023-2033
Figure 49: East Asia Market Value Share, By Type, 2022 (E)
Figure 50: East Asia Market Value Share, By End Use, 2022 (E)
Figure 51: East Asia Market Value Share, By Country, 2022 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018-2022
Figure 53: East Asia Market Value Forecast (US$ Mn), 2023-2033
Figure 54: East Asia Market Attractiveness Analysis by Type, 2023-2033
Figure 55: East Asia Market Attractiveness Analysis by End Use, 2023-2033
Figure 56: East Asia Market Attractiveness Analysis by Country, 2023-2033
Figure 57: Oceania Market Value Share, By Type, 2022 (E)
Figure 58: Oceania Market Value Share, By End Use, 2022 (E)
Figure 59: Oceania Market Value Share, By Country, 2022 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018-2022
Figure 61: Oceania Market Value Forecast (US$ Mn), 2023-2033
Figure 62: Oceania Market Attractiveness Analysis by Type, 2023-2033
Figure 63: Oceania Market Attractiveness Analysis by End Use, 2023-2033
Figure 64: Oceania Market Attractiveness Analysis by Country, 2023-2033
Figure 65: Middle East and Africa Market Value Share, By Type, 2022 (E)
Figure 66: Middle East and Africa Market Value Share, By End Use, 2022 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2022 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018-2022
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2023-2033
Figure 70: Middle East and Africa Market Attractiveness Analysis by Type, 2023-2033
Figure 71: Middle East and Africa Market Attractiveness Analysis by End Use, 2023-2033
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2023-2033
Figure 73: U. S. Market Value Analysis (US$ Mn), 2023 & 2033
Figure 74: U. S. Market Value Share, By Type, 2022 (E)
Figure 75: U. S. Market Value Share, By End Use, 2022 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2023 & 2033
Figure 77: Canada Market Value Share, By Type, 2022 (E)
Figure 78: Canada Market Value Share, By End Use, 2022 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2023 & 2033
Figure 80: Mexico Market Value Share, By Type, 2022 (E)
Figure 81: Mexico Market Value Share, By End Use, 2022 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2023 & 2033
Figure 83: Brazil Market Value Share, By Type, 2022 (E)
Figure 84: Brazil Market Value Share, By End Use, 2022 (E)
Figure 85: U. K. Market Value Analysis (US$ Mn), 2023 & 2033
Figure 86: U. K. Market Value Share, By Type, 2022 (E)
Figure 87: U. K. Market Value Share, By End Use, 2022 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2023 & 2033
Figure 89: Germany Market Value Share, By Type, 2022 (E)
Figure 90: Germany Market Value Share, By End Use, 2022 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2023 & 2033
Figure 92: France Market Value Share, By Type, 2022 (E)
Figure 93: France Market Value Share, By End Use, 2022 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2023 & 2033
Figure 95: Italy Market Value Share, By Type, 2022 (E)
Figure 96: Italy Market Value Share, By End Use, 2022 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2023 & 2033
Figure 98: Spain Market Value Share, By Type, 2022 (E)
Figure 99: Spain Market Value Share, By End Use, 2022 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 101: Russia Market Value Share, By Type, 2022 (E)
Figure 102: Russia Market Value Share, By End Use, 2022 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2023 & 2033
Figure 104: China Market Value Share, By Type, 2022 (E)
Figure 105: China Market Value Share, By End Use, 2022 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2023 & 2033
Figure 107: Japan Market Value Share, By Type, 2022 (E)
Figure 108: Japan Market Value Share, By End Use, 2022 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2023 & 2033
Figure 110: South Korea Market Value Share, By Type, 2022 (E)
Figure 111: South Korea Market Value Share, By End Use, 2022 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2023 & 2033
Figure 113: India Market Value Share, By Type, 2022 (E)
Figure 114: India Market Value Share, By End Use, 2022 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2023 & 2033
Figure 116: ASEAN Market Value Share, By Type, 2022 (E)
Figure 117: ASEAN Market Value Share, By End Use, 2022 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 119: Australia Market Value Share, By Type, 2022 (E)
Figure 120: Australia Market Value Share, By End Use, 2022 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2023 & 2033
Figure 122: New Zealand Market Value Share, By Type, 2022 (E)
Figure 123: New Zealand Market Value Share, By End Use, 2022 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2023 & 2033
Figure 125: GCC Countries Market Value Share, By Type, 2022 (E)
Figure 126: GCC Countries Market Value Share, By End Use, 2022 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2023 & 2033
Figure 128: Turkey Market Value Share, By Type, 2022 (E)
Figure 129: Turkey Market Value Share, By End Use, 2022 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2023 & 2033
Figure 131: South Africa Market Value Share, By Type, 2022 (E)
Figure 132: South Africa Market Value Share, By End Use, 2022 (E)
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What was Asia Pacific's milling machines market share in 2022?
Asia Pacific accounted for 40% share of the global market in 2022.
How much is the milling machines market currently worth?
The global milling machines market is valued at US$ 7.5 billion in 2023.
What is the predicted growth rate for the market?
Demand for milling machines is expected to increase at a CAGR of 5.6% from 2023 to 2033.
What is the sales forecast for milling machines?
Worldwide sales of milling machines are estimated to hit US$ 13 billion by 2033.
At what CAGR is demand for vertical milling machines anticipated to rise?
Demand for vertical milling machines is likely to increase at a CAGR of 4% during the forecast period.
Who are the main players in the global milling machines market?
Amera-Seiki, DATRON Dynamics, Inc, Doosan Machine Tools, ANDERSON EUROPE GMBH, Haas Automation, Inc, Baileigh Industrial Holdings LLC, FANUC CORPORATION, Benign Enterprise co, Hurco Companies, Inc, CHIRON Werke GmbH & Co. KG, DMG Mori Seiki Co., Ltd, and
Milling Machines Market