Machine Tools Market Size, Share & Industry Analysis, By Technology (Conventional and CNC (Computerized Numerical Control)), By Product (Metal Cutting and Metal Forming), By Application (Automotive, General Machinery, Precision Machinery, Transport Machinery, and Others), and Regional Forecast, 2026-2034

ATTRIBUTE

DETAILS

Study Period

2021 – 2034

Base Year

2025

Forecast Period

2026 – 2034

Historical Period

2021 – 2024

Growth Rate

CAGR of 8.90% from 2026 to 2034

Unit

Value (USD Billion)

Segmentation

By Technology

• Conventional
• CNC (Computerized Numerical Control)

By Product

• Metal Cutting
  • Machining Centers
  • Turning Machines
  • Grinding Machines
  • Milling Machines
  • Eroding Machines
  • Others (boring, etc.)
• Metal Forming
  • Bending Machines
  • Presses
  • Punching Machines
  • Others (stamping press, etc.)

By Application

• Automotive
• General Machinery
• Precision engineering
• Transport Machinery
• Others (Construction, etc.)

By Region

• North America (By Technology, By Product, By Application, and Country)
  • U.S. (By Application)
  • Canada (By Application)
• Europe (By Technology, By Product, By Application, and Country)
  • Germany (By Application)
  • Italy (By Application)
  • Russia (By Application)
  • Rest of Europe
• Asia Pacific (By Technology, By Product, By Application, and Country)
  • China (By Application)
  • India (By Application)
  • Japan (By Application)
  • Southeast Asia (By Application)
  • Rest of Asia Pacific
• Middle East & Africa (By Technology, By Product, By Application, By End-User Industry, and Country)
  • GCC Countries (By Application)
  • South Africa (By Application)
  • Turkey (By Application)
  • Rest of the Middle East & Africa
• Latin America (By Technology, By Product, By Application, By End-User Industry, and Country)
  • Brazil (By Application)
  • Argentina (By Application)
  • Rest of Latin America