World demand for machine tool products is projected to increase 9.4 percent annually through 2014. The best prospects will be found in the developing world, especially China and India. The industrial market will continue to account for the largest share of demand, but the transportation sector will post the strongest gains coming off a weak 2009.
This study analyzes the $77 billion world machine tool industry. It presents historical demand data for the years 1999, 2004 and 2009, and forecasts for 2014 and 2019 by type (metal forming machine tools, machine tool accessories), market (e.g., industrial machinery and equipment, transportation equipment, primary and fabricated metal products, electrical and electronic equipment), world region and for 19 countries.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 34 industry competitors, including Yamazaki Mazak, TRUMPF and Dalian Machine Tool Group.