Metalworking machinery manufacturing market industry includes companies manufacturing machines such as cutting tools, metal cutting and metal forming machine tools, metalworking machinery accessories, rolling mill machinery, assembly machinery, fabricating machines, industrial molds, conversion or straightening equipment, special dies, tools, jigs, and fixtures.
The global metalworking machinery manufacturing market was valued around $312 billion in 2017. Asia Pacific was the largest region in the metalworking machinery manufacturing market in 2017, accounting for around 52% of the total market. China was the largest country in the market accounting for around 23% of the total market.
Rolling mill machinery manufacturers are offering advanced 6-axis CNC milling machines to efficiently fabricate complex components. CNC milling is a specific type of computer numerical controlled (CNC) machining. This involves the use of computers to control machine tools like lathes, mills, routers and grinders.
The top five companies covered are TRUMPF Group, Amada Co., Ltd., Kennametal, Inc., Komatsu Ltd and Okuma Corporation. TRUMPF Group was the largest company in the metalworking machinery manufacturing market.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The metalworking machinery manufacturing market is segmented into Special Die and Tool, Die Set, Jig, and Fixture Manufacturing, Machine Tool Manufacturing, Industrial Mold Manufacturing, Rolling Mill and Other Metalworking Machinery Manufacturing, and Cutting Tool and Machine Tool Accessory Manufacturing.
Industrial Mold Manufacturing industry comprises establishments mainly involved in manufacturing industrial molds for casting metals or forming other materials such as plastics, glass, or rubber.
Special Die and Tool, Die Set, Jig, and Fixture Manufacturing industry includes companies manufacturing special tools and fixtures such as cutting dies and jigs.
Cutting Tool and Machine Tool Accessory Manufacturing industry includes establishments manufacturing accessories and attachments for metal cutting and metal forming machine tools.
Machine Tool Manufacturing industry comprises companies primarily involved in manufacturing metal cutting and metal forming machine tools (except hand tools), such as punching, sheering, bending, forming, pressing, forging and die-casting machines.
Rolling Mill and Other Metalworking Machinery Manufacturing industry comprises establishments manufacturing rolling mill machinery and equipment and/or other metalworking machinery (except industrial molds, special dies and tools, die sets, jigs, and fixtures, cutting tools and machine tool accessories, and machine tools.