COVID-19 Economic Impact Report: Global Machine Tools

The global machine tools industry is facing a number of challenges as it deals with the impact of the COVID-19 pandemic. How has the macroeconomic environment changed and what does it mean for the global machine tools industry going forward?

Machine Tools

COVID-19 Economic Impact Report: Global Machine Tools looks at how the expected impact of the pandemic on the current macroeconomic environment compares to other major events since 2000, including the bursting of technology bubble, the SARS outbreak, the 2009 global downturn, and the European financial crisis. It also provides a historical view of global industry sales since 2000, a look at how the industry is being currently impacted, and estimates for global industry sales through 2023.

Products discussed in the report include:

  • metal cutting tools, including machining centers and related tools, lasers, EDM, ultrasonic and water jet systems, electron beam machines, lathes (also known as turning machines), grinding and polishing machines, drilling machines, boring machines, gear cutting machines, and milling machines
  • metal forming tools:
  • presses (encompassing mechanical, hydraulic, CNC, servo, stamping, turret, punch, and set types, as well as variations and combinations of these)
  • punching and shearing machines, including hydraulic, electric, and linear motor-driven varieties
  • bending and forming machines
  • other metal forming tools such as forging machines, coil-processing systems, die casting machines, and thread rolling machines

machine tool accessories and spare parts, including comparators, cutting tools, dies, jigs, measuring devices, tool holders, work holders, and replacement machine tool components

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