Metal Forming Machine Tools Market size was valued at USD 6.2 Billion in 2024 and is forecasted to grow at a CAGR of 5.1% from 2026 to 2033, reaching USD 9.5 Billion by 2033.
The global metal forming machine tools market was valued at approximately USD 68.7 billion in 2022, with a projected compound annual growth rate (CAGR) of 5.2% from 2023 to 2030. The demand for advanced machine tools, coupled with automation in industrial processes, is expected to drive the growth of this market. North America holds a significant share in the market, accounting for around 30% of the global revenue, driven by high technological adoption and industrial advancements. The regions market size was valued at about USD 20.6 billion in 2022. The European market also represents a substantial portion of the global market, contributing to around 25%, and was valued at approximately USD 17.2 billion in 2022. This growth is largely attributed to the regions automotive and aerospace industries, which rely heavily on metal forming technologies for production.
In the Asia Pacific region, the metal forming machine tools market is anticipated to grow at the highest rate during the forecast period. The market size in this region reached approximately USD 18.1 billion in 2022 and is expected to grow at a CAGR of 6.3% due to the growing manufacturing sector, particularly in countries like China, Japan, and India. This demand is propelled by the increasing number of automotive and electronics manufacturers. The Latin American market holds a smaller share but is also expected to grow at a moderate pace with a market value of approximately USD 3.1 billion in 2022. The Middle East and Africa region, while smaller, is forecasted to see steady growth, with a market size estimated at USD 2.3 billion in 2022.
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Dalian Machine Tool Group
Fagor Arrasate
DMG Mori
Fair Friend Enterprise
BYJC-Okuma Beijing Machine Tool
Kennametal
Amada (India)
Magna International
GF Machining
Makino Milling Machine
Trumpf
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Metal Forming Machine Tools Market
Press Brakes
Shearing Machines
Roll Forming Machines
Stamping Machines
Forging Machines
Others
Conventional Technology
Computer Numerical Control (CNC) Technology
Hydraulic Technology
Pneumatic Technology
Electromechanical Technology
Aerospace
Automotive
Construction
Electrical and Electronics
Shipbuilding
General Manufacturing
Sheet Metal Fabrication
Metal Stamping
Pipe and Tube Bending
Cold Forging
Hot Forming
Small-scale Operations
Medium-scale Operations
Large-scale Operations
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Metal Forming Machine Tools Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Metal Forming Machine Tools Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Metal Forming Machine Tools Market, By Type
6. Global Metal Forming Machine Tools Market, By Application
7. Global Metal Forming Machine Tools Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Metal Forming Machine Tools Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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